The Uttar Pradesh (U.P.) government may take over the Noida Power Company Ltd (NPCL), the state’s first power distribution company supplying electricity to consumers in Greater Noida for the last three decades. The government has served a notice on the company for revoking its licence.
“The validity of the company’s distribution licence is expiring on August 29 next year and the state government has decided not to renew the same making up its mind to take over the company instead,” a senior energy department official said.
The state government, on August 30, 1993, issued the electricity licence to the NPCL for the period of 30 years under the section 3 (1) of the Indian Electricity Act, 1910.
