Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN) a company under the Companies Act, 1956 and registered with Registrar of Companies as RAJASTHAN RAJYA VIDYUT PRASARAN NIGAM LIMITED with its Registered Office at VIDYUT BHAWAN, JYOTI NAGAR, JAIPUR-302005 has been established on 19 July, 2000 by Govt. of Rajasthan under the provisions of the Rajasthan Power Sector Reforms Act, 1999 as the successor company of RSEB. The RERC has granted RVPN a license for transmission and bulk supply vide RERC/Transmission and Bulk Supply License 4/2001 dated 30.4.2001 to function as Transmission and Bulk Supply Licensee in the State.
Under the provision of the Electricity Act, 2003, RVPN has been declared as State Transmission Utility (STU) by Govt. of Rajasthan w.e.f 10.06.2003. Section 39(1) of this act, prohibits the STU to undertake business of trading of electricity, however RVPN continued its function of tranmission of bulk power from generating stations to inter-phase point of Discoms from 1st April 2004. Now the Distribution Companies are directly contracting with Generating Companies in accordance to the share allocated by the State Government. RVPN has been discharging wheeling of power and transmission of electricity only. Rajasthan Discom Power Procurement Centre (RDPPC) has been established for purchase of power on behalf of Discoms.
RVPN Provides the pathway for power within whole of Rajasthan. RVPN owns, builds, maintains and operates the high-voltage electric transmission system that helps to keep the lights on, businesses running and communities strong. RVPN also owns the shared generating projects as representative of erstwhile RSEB.