Assam Power Generation Corporation

What Assam Power Generation Corporation does

Assam Power Generation Corporation Limited (APGCL) is a publicly owned utilities company. It is responsible for the generation of electricity in the state of Assam, India. The company was constituted after the unbundling of ASEB in December 2004 through the State Power Sector Reforms Programme. APGCL operates various power plants and is involved in numerous projects to ensure a steady supply of electricity to the region. The company also offers recruitment opportunities and maintains a strong presence in the power generation sector.

Name

Assam Power Generation Corporation

Legal name

Assam Power Generation Corporation Ltd.

Website

https://www.apgcl.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Assam Power Generation Corporation Limited is a public utilities company, generating electricity in Assam, India.

Ownership category

akta.pro rank

Product category

Electric Power Generation

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111), Fossil Fuel Electric Power Generation (221112)

SIC

Electric Services (4911)

akta.pro primary industry

Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI)

akta.pro secondary industries

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA), Gas-Fired Power Plant O&M and Life-Extension/Repowering Services (EUACABAJ), Greenfield Site Origination & Land Acquisition (Leases, Easements, Title) (EUAMAAAA)

Keywords

• Hydroelectric power generation
• Thermal power generation
• Regulated electricity utility
• State power generation
• Renewable energy generation

Headquarters

HQ city

Guwahati

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Others

Revenue model

1. Electricity Generation and Tariff Sales: APGCL generates electricity from its hydroelectric and thermal (gas-based) power plants and sells power under regulated tariffs approved by the Assam Electricity Regulatory Commission (AERC). Revenue is generated from the sale of power to Assam Power Distribution Company (APDCL) and other authorized DISCOMs. The tariff structure covers multiple consumer categories and is revised periodically through AERC tariff orders. The company also derives revenue from wheeling and banking arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Assam Power Generation Corporation Ltd. (APGCL) generates electricity from a diversified mix of hydroelectric and gas-based thermal power plants, with a total operating capacity exceeding 433 MW. It sells power wholesale to Assam Power Distribution Company Limited (APDCL) and other authorized DISCOMs under tariffs regulated by the Assam Electricity Regulatory Commission (AERC). The portfolio includes operating hydro plants (KLHEP 100 MW, MSHEP 13.5 MW), thermal plants (NTPS 41 MW, NRPP 98.4 MW, LTPS 97.2 MW, LRPP 69.755 MW), and a pipeline of solar and additional hydro projects to expand capacity.

Product overview

Assam Power Generation Corporation Ltd (APGCL) operates as a power generation utility managing a portfolio of hydroelectric and thermal power plants. The company operates two commissioned hydroelectric plants (KLHEP at 100 MW and MSHEP at 13.5 MW) and four thermal plants (NTPS at 41 MW, NRPP at 98.4 MW, LTPS at 97.2 MW, and LRPP at 69.755 MW). Under development are the 120 MW Lower Kopili Hydro Electric Project and 25 MW Namrup Solar PV Project. The company also participates in the PM Surya Ghar rooftop solar initiative. APGCL's generating capacity spans gas-based combined cycle and open cycle thermal units, run-of-river hydroelectric facilities, and emerging solar installations.

Differentiator

Problem solved

Functional benefit

Products and services

• Karbi Langpi Hydro Electric Project (KLHEP) 100 MW (2 X 50 MW) hydroelectric power plant located in West Karbi Anglong District, Assam, using vertical Francis turbine technology with 220KV double circuit evacuation system. Generated 441.470 MU in FY 2025-26.
• Myntriang Small Hydro Electric Project (MSHEP) 13.5 MW (3 x 3 MW + 3 x 1.5 MW) small hydroelectric project in West Karbi Anglong district, with two stages using horizontal Francis turbines powered by Terenglwangso river. Generated 34.75 MU in FY 2025-26.
• Namrup Thermal Power Station (NTPS) 41 MW gas-based power station in Dibrugarh district, Assam. First gas-based power station in South-East Asia, using natural gas from Oil India Ltd with hydrogen/air cooled generators. Won the 2012 Fifth India Power Award (Gas Heritage Award).
• Namrup Replacement Power Project (NRPP) 98.4 MW combined cycle gas turbine power project (1 X 62.25 MW GTG + 1 X 36.15 MW STG) at Namrup, commissioned July 16, 2021 to replace old NTPS units. Generated 693.237 MU in FY 2025-26.
• Lakwa Thermal Power Station (LTPS) 97.2 MW gas-based power station in Charaideo district, Assam, with three 20 MW BHEL/GE gas turbine units and one 37.2 MW steam turbine WHRP. Achieved highest generation of 164.35 MW (PLF=98.29%) on 17/01/2021. Generated 383.041 MU in FY 2025-26.
• Lakwa Replacement Power Project (LRPP) 69.755 MW (7x9.965 MW) power project commissioned 2018, using Wartsila Finland Oy W20V34SG gas engines with ABB generators replacing decommissioned Phase-I units of LTPS. Generated 485.123 MU in FY 2025-26.
• Lower Kopili Hydro Electric Project (LKHEP) 120 MW hydroelectric project under construction in Dima Hasao and Karbi Anglong districts, funded by Asian Development Bank under the Assam Power Sector Investment Program. Expected completion March 2026.
• Namrup Solar PV Project 25 MW solar photovoltaic project at Namrup, with foundation stone laid in June 2024.
• Karbi Langpi Middle-II Hydro Power Project 24 MW hydro power project in West Karbi Anglong district, under construction.
• Electricity Generation and Tariff Sales Service Wholesale electricity generation and supply service. APGCL generates electricity from its hydroelectric and gas-based thermal power plants and sells power under regulated tariffs approved by the Assam Electricity Regulatory Commission (AERC) to Assam Power Distribution Company (APDCL) and other authorized DISCOMs for distribution to all consumer categories in Assam.

Quantifiable outcome

• 120 MW Lower Kopili Hydro Electric Project underway, expected completion March 2026, funded by ADB
• +3 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Oil India Limited (OIL)coreStrategic or Co-development PartnerAPGCL and Oil India Limited (OIL) have entered into a joint venture for green energy sector initiatives. This partnership was formalized through a JV agreement, with the logo displayed prominently on the APGCL website as a key partner. The collaboration focuses on renewable energy development leveraging OIL's expertise in the energy sector.
• Assam Electricity Regulatory Commission (AERC)coreOthersAERC is the statutory regulatory body that sets power tariffs and oversees the electricity sector in Assam. APGCL operates under the regulatory framework established by AERC.
• Government of Assam (Power Department)coreStrategic or Co-development PartnerAPGCL is a state government-owned corporation operating under the Power Department of the Government of Assam. The government provides land acquisition support, clearances, approvals, and financial support for capacity addition.
• Assam Power Distribution Company Limited (APDCL)coreOthersAPDCL is the primary off-taker of power generated by APGCL, operating as the distribution utility for Assam. APDCL supports APGCL operations as a key stakeholder.
• Assam Electricity Grid Corporation Limited (AEGCL)coreOthersAEGCL handles power evacuation infrastructure and grid operations. APGCL coordinates with AEGCL for power evacuation arrangements from all its power stations.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• North Eastern Electric Power Corporation (NEEPCO): Central PSU under the Ministry of Power operating hydro and thermal plants across the North-East of India. NEEPCO is the closest direct peer to APGCL given overlapping regional footprint, government-utility structure, and hydro/thermal mix in the same geography.
• SJVN Limited: Joint venture between the Government of India and Himachal Pradesh, focused on hydro and solar power generation with ~2,500+ MW capacity. SJVN is highly comparable to APGCL given its state-utility-like governance, hydro-heavy portfolio, and solar expansion strategy.
• THDC India Limited (THDCIL): Central PSU operating hydro, thermal and solar assets with significant Uttarakhand and northern India presence. Comparable to APGCL through its state-owned governance, diversified generation mix, and renewable buildout plans.
• Maharashtra State Power Generation Co (MAHAGENCO): State-owned power generation arm of Maharashtra operating thermal, hydro and gas assets. Comparable to APGCL as a state PSU genco selling power to a state DISCOM under regulated tariffs with a similar diversification mandate.

Broad incumbents

• NHPC Limited: India's largest hydro power generator under the Ministry of Power, with ~7,000+ MW operating capacity and an extensive project pipeline. NHPC is a broad incumbent hydro peer, scaling far beyond APGCL but operating similar regulated hydro IPP economics.
• NTPC Limited: India's largest power producer with ~75,000+ MW capacity across thermal, hydro, nuclear, and renewables. NTPC is the broadest incumbent, operating under similar regulated IPP economics and government ownership as APGCL but at vastly larger scale.
• NLC India Limited: Integrated lignite mining and power generation PSU with significant renewable energy expansion. Comparable to APGCL through its diversified generation mix, government ownership, and capital-intensive renewable transition strategy.

Regional players

• Gujarat State Electricity Corporation (GSECL): Gujarat state-owned generation utility operating thermal, hydro and solar capacity. While geographically distinct from APGCL, it shares the same state-utility model with diversified generation and renewable expansion underway.
• Punjab State Power Corporation (PSPCL) Generation: State-owned generation arm of Punjab with thermal and hydro capacity. Comparable to APGCL through its PSU status and regulated tariff sales to a state DISCOM, although operationally focused on Punjab's specific demand profile.

Others

• Oil India Limited (OIL): Strategic JV partner of APGCL for the green energy sector. OIL brings upstream energy expertise and capital to APGCL's renewable expansion, and is a key gas supplier to APGCL's Namrup thermal fleet, making it both a counterparty and enabler.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/apgclassam
• LinkedInlinkedin.com/company/assam-power-generation-corporation-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Assam Power Generation Corporation