Assam Electricity Grid Corporation Limited

Efficiently transporting electrical power and expanding infrastructure in Assam through EHV lines and substations.

2003 | Guwahati, Assam (India) | Active
Last Updated: June 15, 2024

Assam Electricity Grid Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3,000.00 Cr
  • Paid Up Capital ₹ 2,839.30 Cr
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 36.65 Cr
  • Revenue Growth 20.34%
  • Profit Growth -21.97%
  • Ebitda -245.75%
  • Net Worth 37.30%
  • Total Assets 6.70%

About Assam Electricity Grid Corporation

Assam Electricity Grid Corporation Limited (AEGCL) is a leading Public Limited State Government Company incorporated in India on 23 October 2003 and has a history of 21 years and four months. Its registered office is in Guwahati, Assam, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3,000.00 Cr and a paid-up capital of Rs 2,839.30 Cr.

The company has closed loans amounting to ₹36.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Assam Electricity Grid Corporation Limited India are Paresh Barman as CFO and Dipankar Barua as Company Secretary. Kanta Lahkar, Debajyoti Das, Rakesh Kumar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Guwahati, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aegcl.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40101AS2003SGC007238

  • Company No.

    007238

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    23 Oct 2003

  • Date of AGM

    21 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Energy and Power

Who are the key members and board of directors at Assam Electricity Grid Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Debajyoti Das Country flag representing In Managing Director08-Feb-2022Current
Paresh Barman Country flag representing In CFO06-Feb-2019Current
Dipankar Barua Country flag representing In Company Secretary01-Mar-2006Current

Board Members (8)

NameDesignationAppointment DateStatus
Kanta Lahkar Country flag representing In Nominee Director 09-Sep-2022Current
Rakesh Kumar Country flag representing In Nominee Director 26-Jul-2021Current
Adyut Phukan Country flag representing In Director 26-Dec-2018Current
Tarun Baruah Country flag representing In Director 07-Apr-2022Current
Bhaskar Manta Country flag representing In Nominee Director 09-Sep-2022Current
Naba Baishya Country flag representing In Director 07-Apr-2022Current

Financial Performance of Assam Electricity Grid Corporation.

Assam Electricity Grid Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.34% increase. The company also saw a substantial fall in profitability, with a 21.97% decrease in profit. The company's net worth Soared by an impressive increase of 37.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.34%
Revenue from Operations
16.91%
Total Assets
6.70%
Profit or Loss
-21.97%
Net Worth
37.30%
EBITDA
-245.75%

What is the Ownership and Shareholding Structure of Assam Electricity Grid Corporation?

In 2023, Assam Electricity Grid Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹36.65 Cr

Charges Breakdown by Lending Institutions

  • Power Finance Corporation Limited : 20.30 Cr
  • State Bank Of India : 16.35 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2010State Bank Of India₹16.35 CrSatisfied
03 Aug 2006Power Finance Corporation Limited₹20.30 CrSatisfied

How Many Employees Work at Assam Electricity Grid Corporation?

Unlock and access historical data on people associated with Assam Electricity Grid Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Assam Electricity Grid Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Assam Electricity Grid Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Assam Electricity Grid Corporation

Recent activity within the organization

  • Director Appointment

    Krishna Kumar Dwivedi was appointed as a Nominee Director was appointed as a Nominee Director on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Director Appointment

    Gautam Talukder was appointed as a Nominee Director was appointed as a Nominee Director on 30 Dec 2023 & has been associated with this company since 1 year 1 month .

    30 Dec 2023

  • Annual General Meeting

    Assam Electricity Grid Corporation Limited last Annual general meeting of members was held on 21 Dec 2023 as per latest MCA records.

    21 Dec 2023

  • Balance Sheet

    Assam Electricity Grid Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Director Appointment

    Kanta Lahkar was appointed as a Nominee Director was appointed as a Nominee Director on 09 Sep 2022 & has been associated with this company since 2 years 5 months .

    09 Sep 2022

  • Director Appointment

    Debajyoti Das was appointed as a Managing Director was appointed as a Managing Director on 08 Feb 2022 & has been associated with this company since 3 years 14 days .

    08 Feb 2022

Recent News, Updates & Announcement

  • News icon
    "NRL and AEGCL Partner to Boost Power Supply for Refinery Expansion Project".

    NRL and AEGCL signed an MOU for importing 120 MW power from AEGCL's grid. This will help NRL with uninterrupted power supply for their refinery operations and meet the power requirement for their expansion project. It's a more cost-effective and environmentally friendly option compared to setting up captive power plants. #PowerUpNRL #GridPowerForTheWin.

    30 Apr 2019 Economic Times

Frequently asked questions

  • Assam Electricity Grid Corporation Limited was incorporated on 23 Oct 2003.

  • The authorized share capital of Assam Electricity Grid Corporation Limited is ₹ 3,000.00 Cr and paid-up capital is ₹ 2,839.30 Cr.

  • Currently 11 directors are associated with Assam Electricity Grid Corporation Limited.

    • Kanta Lahkar
    • Debajyoti Das
    • Rakesh Kumar
    • Adyut Phukan
    • Tarun Baruah
    • Paresh Kumar Barman
    • Dipankar Barua
    • Bhaskar Jyoti Manta
    • Naba Kumar Baishya
    • Krishna Kumar Dwivedi
    • Gautam Talukder
  • As per Ministry of Corporate Affairs (Mca), the registered address of Assam Electricity Grid Corporation Limited is Bijulee Bhawan Paltan Bazar, Guwahati, Assam, India, 781001.

  • The corporate identification number (CIN) of Assam Electricity Grid Corporation Limited is U40101AS2003SGC007238 and the company number is 007238 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Assam Electricity Grid Corporation Limited is https://www.aegcl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Assam Electricity Grid Corporation Limited has risen by 20.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Assam Electricity Grid Corporation Limited has experienced an upsurge of 37.30%.

  • The most recent Balance Sheet for Assam Electricity Grid Corporation Limited was filed with the ROC on 31 Mar 2023.

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