NEEPCONorth Eastern Electric Power Corporation (India)
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Despite an increase in tariffs of NEEPCO's plants in FY 2010 following the new Central Electricity Regulatory Commission (CERC) tariff regulations applicable for the tariff period 2009-14, the average tariff of NEEPCO continued to remain competitive at Rs.
NEEPCO is also implementing several greenfield projects located in different states of North-East India of which 4 projects totalling around 870 MW are currently under execution.
ICRA notes that some of the projects executed by NEEPCO have suffered significant time and cost overruns, and in spite of that NEEPCO was able to maintain a competitive tariff profile.