Haryana Power Generation Corporation Ltd. came into existence on 14.08.98 after the restructuring of Haryana State Electricity Board into Haryana Vidyut Prasaran Nigam Ltd. (HVPNL) & Haryana Power Generation Corporation Ltd. (HPGCL) under the Reform Programme.

The main objectives of HPGCL are as under: -

	To generate power from its existing Generating Stations in the most efficient manner on commercial lines and to sell the same to distribution companies.
	To set up new Power Generation Projects.
	From June, 2005 HPGCL is also responsible for the work of Power Trading i.e. Procurement of Power on Long Term and Short Term basis, signing of Power Purchase Agreements with Power Producers / Traders.