NEEPCO achieved many new milestones in FY 2021-22, generation has crossed the mark of 8000 million units for the first time in the history of NEEPCO – EQ Mag Pro
The company has been rated as AA+ with a stable outlook by the rating agencies.
New Delhi : NEEPCO, a Mini Ratna PSU with a 2057 MW installed capacity. In the financial year, 2021-22 achieved many new milestones. The generation has crossed the mark of 8000 Million Units for the first time in the history of NEEPCO. The total income is more than Rs. 3300 crores and profit before tax has exceeded Rs. 400 crores. The company has been rated as AA+ with a stable outlook by the rating agencies.
On the eve of its 47th Foundation Day, the company has taken a pledge to not restrict itself to achieve set targets but also to create and achieve new benchmarks. Shri V. K. Singh, Chairman & Managing Director said that the road ahead will be challenging, but he is confident that the founding values and past success will motivate all employees to strengthen their capabilities and produce results.
Source: psuconnect
