

Korba Power Profile
Key Indicators
- Authorised Capital ₹ 6,000.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 24 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29,925.46 Cr
- Satisfied Charges ₹ 454.00 Cr
- Revenue Growth 1.88%
- Profit Growth -49.66%
- Ebitda -142.63%
- Net Worth -73.46%
- Total Assets -0.61%
About Korba Power
Korba Power Limited (KPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 February 2001 and has a history of 24 years and two months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Lanco Power Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 6,000.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹29,925.46 Cr. The company has closed loans amounting to ₹454.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Korba Power Limited India are Niharendu Sanyal as CFO and Sikhakolli Rao as Company Secretary. Madhusudan Lagadapati, Vijoy Kumar, Anwar Khan, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40109TG2001PLC036265
- Company No.
036265
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Feb 2001
- Date of AGM
23 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Korba Power Limited offer?
Korba Power Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Turnkey Solutions, Solar Power Plants, Solar Rooftops, Repair & Maintenance Services, Plant Maintenance Services, Solar Power Systems.
Who are the key members and board of directors at Korba Power?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Niharendu Sanyal ![]() | CFO | 24-May-2016 | Current |
Sikhakolli Rao ![]() | Company Secretary | 03-Nov-2014 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Madhusudan Lagadapati ![]() | Director | 03-Oct-2003 | Current |
Vijoy Kumar ![]() | Director | 27-Jul-2015 | Current |
Anwar Khan ![]() | Director | 30-Mar-2015 | Current |
Venkata Kothapalli ![]() | Director | 21-Jan-2015 | Current |
Liza Arora ![]() | Director | Current |
Financial Performance of Korba Power.
Lanco Amarkantak Power Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.88% increase. The company also saw a substantial fall in profitability, with a 49.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.46%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Korba Power?
In 2023, Korba Power had a promoter holding of 52.22% and a public holding of 47.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- India Rural Energy And Power Private Limited
Vijoy Kumar is a mutual person
- Lanco Group Private Limited
Madhusudan Lagadapati is a mutual person
- Lanco Enterprise Private Limited
Madhusudan Lagadapati is a mutual person
- Engenrin Hydro Power Limited
Vijoy Kumar is a mutual person
- Infra India Ventures Private Limited
Madhusudan Lagadapati is a mutual person
- Ravi Hydro Electric Private Limited
Madhusudan Lagadapati is a mutual person
Charges (Loans)
₹29,925.46 Cr
₹454.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 11155.14 Cr
- Power Finance Corporation Limited : 9657.60 Cr
- Others : 7993.70 Cr
- Andhra Bank : 450.02 Cr
- Idbi Bank Limited : 385.00 Cr
- Others : 284.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
03 May 2018 | Others | ₹574.38 Cr | Open |
27 Mar 2018 | Others | ₹280.00 Cr | Open |
19 Nov 2015 | Andhra Bank | ₹150.02 Cr | Open |
03 Nov 2015 | Andhra Bank | ₹100.00 Cr | Open |
25 Aug 2015 | Others | ₹3,628.21 Cr | Open |
How Many Employees Work at Korba Power?
Korba Power has a workforce of 491 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Korba Power, 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 Korba Power's trajectory.
Rating

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

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 Korba Power
Recent activity within the organization
- Annual General Meeting
Korba Power Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.
- Balance Sheet
Korba Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 21 Sep 2017 via Charge ID 100153076 with Others was fully satisfied on 31 May 2018.
- Charges
A charge with Others of Rs. 574.38 Cr registered on 03 May 2018 with Charge ID 100175594 was modified on 17 May 2018.
- Charges
A charge with Others amounted to Rs. 574.38 Cr with Charge ID 100175594 was registered on 03 May 2018.
- Charges
A charge with Others amounted to Rs. 280.00 Cr with Charge ID 100164307 was registered on 27 Mar 2018.
Recent News, Updates & Announcement
- Adani Power gets NCLT nod to to acquire Lanco Amarkantak Power for ₹4,101 crore.
LAPL is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, as stated in a filing with the BSE..
- Jindal Power may join race to buy Lanco Amarkantak.
JPL has filed a petition with the Amaravati bench of the National Company Law Tribunal for approval to join the auction process of Lanco Amarkantak Power, said people with knowledge of the matter..
- NHPC inks pact to acquire 500 MW Teesta VI hydro project.
It would supply power at a levelised tariff of Rs 4.07 per unit and would be completed in next five years, NHPC Chairman and MD Balraj Joshi said at a press conference here.
- NCLT okays start of Lanco Amarkantak bankruptcy process.
Power co pleaded that proceedings were under RBI norms invalidated by Supreme Court..
Frequently asked questions
What is the Incorporation or founding date of Korba Power Limited?
Korba Power Limited was incorporated on 22 Feb 2001.
What is authorized share capital and paid-up capital of Korba Power Limited?
The authorized share capital of Korba Power Limited is ₹ 6,000.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Korba Power Limited?
Currently 7 directors are associated with Korba Power Limited.
- Madhusudan Rao Lagadapati
- Vijoy Kumar
- Anwar Ahmad Khan
- Venkata Sudheer Babu Kothapalli
- Liza Arora
- Niharendu Sanyal
- Sikhakolli Srinivasa Rao
What is the registered address of Korba Power Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Korba Power Limited is Flat No. 5A 5Th Floor D 6-3-626/1/601 Parameswara Apartment, India, Khairatabad, Telangana, 500004.
What is the corporate identification number (CIN) and company number of Korba Power Limited?
The corporate identification number (CIN) of Korba Power Limited is U40109TG2001PLC036265 and the company number is 036265 as per Ministry of Corporate Affairs (MCA).
What is the official website of Korba Power Limited?
The Official website of Korba Power Limited is https://www.lancogroup.com
What has been the recent revenue trend for Korba Power Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Korba Power Limited has risen by 1.88%.
How many employees does Korba Power Limited currently have?
As Per 2023 financial reports, 491 employees are currently employed by Korba Power Limited.
What change has been observed in the net worth of Korba Power Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Korba Power Limited has experienced an downturn of -73.46%.
What are the total open charges for Korba Power Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Korba Power Limited amount to ₹ 29,925.46 Cr.
When was the last Balance Sheet of Korba Power Limited filed with the ROC?
The most recent Balance Sheet for Korba Power Limited was filed with the ROC on 31 Mar 2024.
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