Govt grants Rs 915 cr to debt-ridden Uttarakhand Power Corp
POWER & RENEWABLE ENERGY

Govt grants Rs 915 cr to debt-ridden Uttarakhand Power Corp

The Uttarakhand Government has granted a package of over Rs 915 crore to UPCL to reduce its accumulated losses of Rs 1,948.22 crore till the year 2010-11. The annual losses of the UPCL for the same year was Rs 204.46 crore. The government will also waive off Rs 435 crore loan to UPCL by converting it into equity.

Contact: Uttarakhand Power Corporation.
Tel: 0135-276 3672.
Fax: 0135- 276 3821.
Website: www.upcl.org

The Uttarakhand Government has granted a package of over Rs 915 crore to UPCL to reduce its accumulated losses of Rs 1,948.22 crore till the year 2010-11. The annual losses of the UPCL for the same year was Rs 204.46 crore. The government will also waive off Rs 435 crore loan to UPCL by converting it into equity. Contact: Uttarakhand Power Corporation. Tel: 0135-276 3672. Fax: 0135- 276 3821. Website: www.upcl.org

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