North East Transmission Company Limited

JV company operates 662.8 km 400 KV D/C T/L through North East states.

2008 | Agartala, Tripura (India) | Active
Last Updated: July 17, 2024

North East Transmission Company Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 411.40 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,120.00 Cr
  • Satisfied Charges ₹ 3,141.36 Cr
  • Revenue Growth -12.32%
  • Profit Growth -4.85%
  • Ebitda -18.83%
  • Net Worth 3.56%
  • Total Assets -13.04%

About North East Transmission Company

North East Transmission Company Limited (NETCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 2008 and has a history of 16 years and five months. Its registered office is in Agartala, Tripura, 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 600.00 Cr and a paid-up capital of Rs 411.40 Cr.

The company currently has active open charges totaling ₹1,120.00 Cr. The company has closed loans amounting to ₹3,141.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at North East Transmission Company Limited India are Rajeev Maggo as CFO and Mukesh Kumar as Company Secretary. Ram Agarwal, Sanil Namboodiripad, Vinod Chaudhary, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Agartala, Tripura, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    netcindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40101TR2008PLC008249

  • Company No.

    008249

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2008

  • Date of AGM

    03 Aug 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 North East Transmission Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanil Namboodiripad Country flag representing In Managing Director27-Jun-2023Current
Rajeev Maggo CFO27-Jul-2021Current
Mukesh Kumar Country flag representing In Company Secretary25-Nov-2014Current

Board Members (10)

NameDesignationAppointment DateStatus
Yash Malik Country flag representing In Director 05-Aug-2019Current
Chaitali Dutta Country flag representing In Nominee Director 28-Jan-2020Current
Ram Agarwal Country flag representing In Director 02-May-2023Current
Vinod Chaudhary Country flag representing In Nominee Director 12-Jul-2023Current
Debashis Sarkar Country flag representing In Nominee Director 27-Sep-2022Current
Debajyoti Das Country flag representing In Nominee Director 20-May-2022Current

Financial Performance of North East Transmission Company.

North East Transmission Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.32% decrease. The company also saw a slight decrease in profitability, with a 4.85% decrease in profit. The company's net worth moved up by a moderate rise of 3.56%.

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
-12.32%
Revenue from Operations
-17.14%
Total Assets
-13.04%
Profit or Loss
-4.85%
Net Worth
3.56%
EBITDA
-18.83%

What is the Ownership and Shareholding Structure of North East Transmission Company?

In 2023, North East Transmission Company had a promoter holding of 100.00%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,120.00 Cr

Satisfied Charges

₹3,141.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 1120.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Aug 2021Others₹1,120.00 CrOpen
05 Mar 2018Others₹1,442.34 CrSatisfied
15 Sep 2009Power Finance Corporation Limited₹1,699.02 CrSatisfied

How Many Employees Work at North East Transmission Company?

North East Transmission Company has a workforce of 30 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of North East Transmission Company, 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 North East Transmission Company'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 North East Transmission Company

Recent activity within the organization

  • Director Appointment

    Kumar Ravindra Tyagi was appointed as a Additional Director was appointed as a Additional Director on 01 Feb 2024 & has been associated with this company since 1 year 20 days .

    01 Feb 2024

  • Annual General Meeting

    North East Transmission Company Limited last Annual general meeting of members was held on 03 Aug 2023 as per latest MCA records.

    03 Aug 2023

  • Director Appointment

    Vinod Kumar Chaudhary was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jul 2023 & has been associated with this company since 1 year 7 months .

    12 Jul 2023

  • Director Appointment

    Sanil Chittoor Namboodiripad was appointed as a Managing Director was appointed as a Managing Director on 27 Jun 2023 & has been associated with this company since 1 year 7 months .

    27 Jun 2023

  • Director Appointment

    Ram Tirath Agarwal was appointed as a Director was appointed as a Director on 02 May 2023 & has been associated with this company since 1 year 9 months .

    02 May 2023

  • Balance Sheet

    North East Transmission Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

Frequently asked questions

  • North East Transmission Company Limited was incorporated on 26 Aug 2008.

  • The authorized share capital of North East Transmission Company Limited is ₹ 600.00 Cr and paid-up capital is ₹ 411.40 Cr.

  • Currently 13 directors are associated with North East Transmission Company Limited.

    • Ram Tirath Agarwal
    • Sanil Chittoor Namboodiripad
    • Vinod Kumar Chaudhary
    • Yash Malik
    • Chaitali Dutta
    • Debashis Sarkar
    • Debajyoti Das
    • Kumar Ravindra Tyagi
    • Dilip Nagesh Rozekar
    • Shankar Prasad Dash
    • Zonunsanga Hauhnar
    • Rajeev Maggo
    • Mukesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of North East Transmission Company Limited is Vill- East Champamura Bypass Road Near Asian Paint Godown P/O- Old Agarta, La, Agartala, Tripura, India, 799008.

  • The corporate identification number (CIN) of North East Transmission Company Limited is U40101TR2008PLC008249 and the company number is 008249 as per Ministry of Corporate Affairs (MCA).

  • The Official website of North East Transmission Company Limited is https://www.netcindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for North East Transmission Company Limited has fallen by -12.32%.

  • As Per 2023 financial reports, 30 employees are currently employed by North East Transmission Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of North East Transmission Company Limited has experienced an upsurge of 3.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for North East Transmission Company Limited amount to ₹ 1,120.00 Cr.

  • The most recent Balance Sheet for North East Transmission Company Limited was filed with the ROC on 31 Mar 2023.

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