Madhyanchal Vidyut Vitran Nigam Ltd. is a company incorporated under the Companies Act, 1956 that have its registered office at 4-A, Gokhle Marg, Lucknow. It executes the business of Distribution of electricity within the Area of Supply. Its Area of Supply includes following districts of the State of Uttar Pradesh: Budaun, Bareilly, Pilibhit, Shahjahanpur, Lakhimpur, Hardoi, Sitapur, Unnao, Bahraich, Shrawasti, Balrampur, Gonda, Barabanki, Rae Bareli, Faizabad, Sultanpur, Ambedkarnagar, Lucknow and Chhatrapati Sahuji Maharaj Nagar. MVVNL started functioning as an independent Distribution company in July 2003.
In pursuance of a reform-restructuring exercise erstwhile UPSEB was unbundled under the first reforms transfer scheme dated 14th Jan 2000, into three separate entities:
Through another Transfer Scheme dated 15th January, 2000, assets, liabilities and personnel of Kanpur Electricity Supply Authority (KESA) under UPSEB were transferred to Kanpur Electricity Supply Company (KESCO), a company registered under the Companies Act, 1956.
Need for further unbundling of UPPCL (responsible for both Transmission and Distribution functions) along functional lines was again felt after the enactment of the Electricity Act 2003, and four new distribution companies (“Discoms”) were created vide Uttar Pradesh Transfer of Distribution Undertaking Scheme 2003 to undertake distribution and supply of electricity in the areas under their respective zones specified in the scheme.
MVVNL is serving 26,97,187 Consumers having connected load of 5,437 MW consuming 7,777 MU,and the annual turnover is Rs. 2,624 Crores.
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Last Update On : Tuesday, Jan 10 2017 4:53PM