KPCL meaning in Business ?

Answer: What is Karnataka Power Corporation Limited mean?

Karnataka Power Corporation Limited (or KPCL) is a company owned by the government of Karnataka, and is engaged in the Service of generating electrical power in the state of Karnataka in India. The modes for generation of electric power are hydroelectric, thermal, diesel, gas, wind and solar. The company was started on 20.07.1970 due to a vision of the Karnataka government for separate entities for generation and distribution of electric power. This was done, long before world bank dictated power sector reforms were initiated in early 21st century in India.Karnataka Power Corporation Limited began its journey with a humble beginning in 1970. With an installed capacity of 746 MW (1970), it has expanded its capacity to 8738.305 MW (2019). A revenue of Rs.77442 Million in 2019 as compared, to Rs.1.30 Million in 1971, speaks volumes about KPCL's progress.

reference

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