Uttarakhand Power Corporation Limited (UPCL), a Government of Uttarakhand undertaking, is the sole electricity distribution licensee of the state. Today, UPCL is supplying electricity to 2.23 million consumers across the State with peak demand of 2050 MW. The turnover of the Company during Financial Year 2017-18 was Rs. 5781.31 Cr. UPCL is committed to supply quality and reliable power to its consumers at affordable cost.
The history of Uttarakhand Power Corporation Limited (UPCL) can be traced back to erstwhile U.P. State Electricity Board (UPSEB). The erstwhile U.P. State Electricity Board was trifurcated pursuant to enactment of U.P. Electricity Reforms Act, 1999. U.P. State Electricity Reforms Transfer Scheme, 2000 was promulgated for execution of the trifurcation of erstwhile UPSEB into U.P. Power Corporation Limited (UPPCL), U.P. Jal Vidyut Nigam Limited (UPJVNL) and U.P.Rajya Vidyut Utpadan Nigam Limited.
The State of U.P. was bifurcated by enforcement of U.P. Reorganization Act, 2000 (In short Reorganization Act) as a result thereof the State of Uttarakhand came into existence. UPCL was incorporated under the Companies Act, 1956 on 12-02-2001. UPCL was initially entrusted with the work of transmission and distribution of electricity in the State of Uttarakhand. As per the mandate of Electricity Act, 2003, the transmission business was transferred to a newly formed State owned company named as “Power Transmission Corporation of Uttarakhand Limited” from 01-06-2004. Since then UPCL is a sole distribution licensee for distribution of electricity in the state.
In 6th Annual Integrated Rating of DISCOM’s released by Ministry of Power, Government of UPCL was ranked at 4th place with top category of A+ among 41 DISCOM’s of the country and Uttarakhand was ranked 2nd among all states.