Green Energy Development Corporation Of Odisha Limited

Develops renewable energy projects in Odisha, including solar and hydro power.

2013 | Bhubaneswar, Orissa (India) | Active
Last Updated: July 25, 2024

Green Energy Development Corporation Of Odisha Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 50.32 Cr
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.00 Cr
  • Satisfied Charges ₹ 112.00 Cr
  • Revenue Growth 13.64%
  • Profit Growth -2.29%
  • Ebitda -19.70%
  • Net Worth 13.74%
  • Total Assets 2.93%

About Green Energy Development Corporation Of Odisha

Green Energy Development Corporation Of Odisha Limited (GEDCOOL) is a leading Public Limited State Government Company incorporated in India on 18 April 2013 and has a history of 11 years and nine months. Its registered office is in Bhubaneswar, Orissa, India.

The Company is engaged in the Infrastructure And Utilities 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 100.00 Cr and a paid-up capital of Rs 50.32 Cr.

The company currently has active open charges totaling ₹48.00 Cr. The company has closed loans amounting to ₹112.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Green Energy Development Corporation Of Odisha Limited India are Pranab Mohanty as CFO and Amresh Kumar as Ceo. Sarat Bhadra, Amresh Kumar, Pranab Mohanty, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40102OR2013SGC016747

  • Company No.

    016747

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    18 Apr 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Green Energy Development Corporation Of Odisha?

Executive Team (2)

NameDesignationAppointment DateStatus
Pranab Mohanty Country flag representing In CFO24-Sep-2014Current
Amresh Kumar CEOCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Sarat Bhadra Country flag representing In Nominee Director 21-May-2013Current
Amresh Kumar Country flag representing In Whole-Time Director 01-Feb-2024Current
Ashish Mohanty Country flag representing In Nominee Director 24-Sep-2021Current
Bibhuti Acharya Country flag representing In Nominee Director 21-May-2013Current
Bijoy Jena Country flag representing In Nominee Director 23-Dec-2020Current
Chittaranjan Pradhan Country flag representing In Nominee Director 21-May-2013Current

Financial Performance of Green Energy Development Corporation Of Odisha.

Green Energy Development Corporation Of Odisha Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.64% increase. The company also saw a slight decrease in profitability, with a 2.29% decrease in profit. The company's net worth Soared by an impressive increase of 13.74%.

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
13.64%
Revenue from Operations
19.90%
Total Assets
2.93%
Profit or Loss
-2.29%
Net Worth
13.74%
EBITDA
-19.70%

What is the Ownership and Shareholding Structure of Green Energy Development Corporation Of Odisha?

In 2023, Green Energy Development Corporation Of Odisha had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.00 Cr

Satisfied Charges

₹112.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 48.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2021Others₹48.00 CrOpen
05 Apr 2016Others₹112.00 CrSatisfied

How Many Employees Work at Green Energy Development Corporation Of Odisha?

Unlock and access historical data on people associated with Green Energy Development Corporation Of Odisha, 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 Green Energy Development Corporation Of Odisha, 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 Green Energy Development Corporation Of Odisha'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 Green Energy Development Corporation Of Odisha

Recent activity within the organization

  • Director Appointment

    Amresh Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Feb 2024 & has been associated with this company since 11 months 30 days .

    01 Feb 2024

  • Director Appointment

    Pranab Kumar Mohanty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Feb 2024 & has been associated with this company since 11 months 30 days .

    01 Feb 2024

  • Annual General Meeting

    Green Energy Development Corporation Of Odisha Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Green Energy Development Corporation Of Odisha Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Ashish Kumar Mohanty was appointed as a Nominee Director was appointed as a Nominee Director on 24 Sep 2021 & has been associated with this company since 3 years 4 months .

    24 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 48.00 Cr with Charge ID 100452338 was registered on 30 Mar 2021.

    30 Mar 2021

Frequently asked questions

  • Green Energy Development Corporation Of Odisha Limited was incorporated on 18 Apr 2013.

  • The authorized share capital of Green Energy Development Corporation Of Odisha Limited is ₹ 100.00 Cr and paid-up capital is ₹ 50.32 Cr.

  • Currently 9 directors are associated with Green Energy Development Corporation Of Odisha Limited.

    • Sarat Chandra Bhadra
    • Pranab Kumar Mohanty
    • Amresh Kumar
    • Amresh Kumar
    • Pranab Kumar Mohanty
    • Ashish Kumar Mohanty
    • Bibhuti Bhusan Acharya
    • Bijoy Chandra Jena
    • Chittaranjan Pradhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Green Energy Development Corporation Of Odisha Limited is Ohpc Corporate Office Osph&W Corporation Building Janpath Bhoinagar, Bhubaneswar, Orissa, India, 751022.

  • The corporate identification number (CIN) of Green Energy Development Corporation Of Odisha Limited is U40102OR2013SGC016747 and the company number is 016747 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Green Energy Development Corporation Of Odisha Limited is https://www.gedcol.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Green Energy Development Corporation Of Odisha Limited has risen by 13.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Green Energy Development Corporation Of Odisha Limited has experienced an upsurge of 13.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Green Energy Development Corporation Of Odisha Limited amount to ₹ 48.00 Cr.

  • The most recent Balance Sheet for Green Energy Development Corporation Of Odisha Limited was filed with the ROC on 31 Mar 2023.

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