Uttar Pradesh Power Corporation Limited Explained

Uttar Pradesh Power Corporation Limited (UPPCL)
Logo Alt:UPPCL Logo
Image Alt:UPPCL Headquarters located in Hazaratganj, Lucknow
Native Name:उत्तर प्रदेश पावर कारपोरेशन लिमिटेड
Native Name Lang:hi
Type:Uttar Pradesh State Government Undertaking
Hq Location:Lucknow, India
Area Served:Uttar Pradesh
Key People:Shri Arvind Kumar Sharma,
Ashish Kumar Goel (Chairman),
Pankaj Kumar (Managing Director)
Services:Electricity Transmission & Distribution
Industry:Electric Power
Predecessor:UPSEB
Owner:Government of Uttar Pradesh
Subsid:DVVNL
MVVNL
PVVNL
PuVVNL
KESCO

Uttar Pradesh Power Corporation Limited (UPPCL) is a state government company, responsible for electricity transmission and distribution within the Indian state of Uttar Pradesh.[1] The incumbent chairman is Dr. Ashish Kumar Goel.[2]

History

U.P. Power Corporation Limited was incorporated on 30 November 1999[3] and commenced its business w.e.f. 15 January 2000.[4]

Restructuring

For efficient operation & management, UPPCL is further restructured into:

Power procurement

UPPCL procures power from state government-owned power generators (Uttar Pradesh Rajya Vidyut Utpadan Nigam & Uttar Pradesh Jal Vidyut Nigam Limited), central government-owned power generators (NTPC Limited & THDC Ltd) and independent power producers - IPP (mostly private power companies) through power purchase agreement for lowest per unit cost of electricity.

Financial condition and line losses

The total loss of the UPPCL for the year ended on 31 March 2017 is estimated to be ₹ 8,825 crores.

The causes of such poor financial conditions include:

Discom-wise Aggregate Technical & Commercial (AT&C) Loss / Total line losses (in %) for the period 2010-11:

Power plants SPVs

In line of Power Finance Corporation, UPPCL created Special Purpose Vehicles (SPVs):

The role of SPVs are -

These SPVs are transferred to a developer private company through bidding for the lowest per unit cast of selling electricity to UPPCL.

UPPCL SPVs:

- 4× 1680 MW- 4× 660 MW

Notes and References

  1. Web site: E-government for Improving Performance of Power Sector in India .
  2. Web site: Headquarters / Welcome to Uttar Pradesh Power Corporation Limited, Government of Uttar Pradesh, India. . uppcl.org.
  3. Web site: U. P. Power Corporation Limited Information - U. P. Power Corporation Limited Company Profile, U. P. Power Corporation Limited News on The Economic Times . 2024-06-10 . The Economic Times . en.
  4. Web site: Welcome to Uttar Pradesh Power Corporation Limited, Government of Uttar Pradesh, India. . 2024-06-10 . uppcl.org.
  5. Web site: Theft and Loss of Electricity in an Indian State1 .