15-07-2017, 03:02 PM
Uttar Pradesh Power Corporation Limited (UPPCL) is the company responsible for the transmission and distribution of electricity within the Indian state of Uttar Pradesh. Its president is Shri Alok Kumar.
Uttar Pradesh Power Corporation Limited (UPPCL) acquires the power of; (NTPC Limited and THDC Ltd) and the independent electricity producers - IPP (mostly private electric companies) through a purchase of electricity agreement Lower cost per unit of electricity. The total loss of the UP Power Corporation Limited (UPPCL) is estimated somewhere between Rs 29,000 crore to Rs 55,000 crore. Therefore, UPPCL is having difficulty making payments to state, central power companies and other private power companies against the purchase of electricity.