North Eastern Electric Power Corporation Profile
Key Indicators
- Authorised Capital ₹ 5,000.00 Cr
- Paid Up Capital ₹ 3,609.81 Cr
- Company Age 48 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9,200.00 Cr
- Satisfied Charges ₹ 9,066.99 Cr
- Revenue Growth 29.26%
- Profit Growth 343.19%
- Ebitda 67.27%
- Net Worth 1.69%
- Total Assets -0.73%
About North Eastern Electric Power Corporation
North Eastern Electric Power Corporation Limited (NEEPCL) is a leading Public Limited Union Government Company incorporated in India on 02 April 1976 and has a history of 48 years and 11 months. Its registered office is in Khasi Hills, Meghalaya, India.
The Corporate was formerly known as North Eastern Electric Power Corpn Private Ltd. The Company is engaged in the Environment 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 5,000.00 Cr and a paid-up capital of Rs 3,609.81 Cr.
The company currently has active open charges totaling ₹9,200.00 Cr. The company has closed loans amounting to ₹9,066.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at North Eastern Electric Power Corporation Limited India are Baidyanath Maharana as CFO and Abinoam Rong as Company Secretary. Gurdeep Singh, Ranendra Sarma, Kshanmugha Sundaram, and Four other members serve as directors at the Company.
Company Details
- Location
Khasi Hills, Meghalaya, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40101ML1976GOI001658
- Company No.
001658
- Company Classification
Public Limited Union Government Company
- Incorporation Date
02 Apr 1976
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Environment
Energy and Power
North Eastern Electric Power Corporation Limited
Explore comprehensive data for North Eastern Electric Power Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at North Eastern Electric Power Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurdeep Singh  | Managing Director | 01-Jun-2023 | Current |
| Baidyanath Maharana | CFO | 20-Sep-2021 | Current |
| Abinoam Rong | Company Secretary | 01-Jun-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ranendra Sarma | Whole-Time Director | 18-Apr-2023 | Current |
| Kshanmugha Sundaram | Nominee Director | 30-Sep-2024 | Current |
| Virendra Malik | Nominee Director | 31-Jul-2024 | Current |
| Rajesh Jha | Whole-Time Director | 25-Sep-2023 | Current |
| Piyush Singh | Nominee Director | 20-Feb-2024 | Current |
Financial Performance of North Eastern Electric Power Corporation.
North Eastern Electric Power Corpn Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 29.26% increase. The company also saw a substantial improvement in profitability, with a 343.19% increase in profit. The company's net worth moved up by a moderate rise of 1.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of North Eastern Electric Power Corporation?
In 2022, North Eastern Electric Power Corporation had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ntpc Bhel Power Projects Private LimitedKshanmugha Sundaram is a mutual person
Energy Efficiency Services LimitedKshanmugha Sundaram is a mutual person
Ntpc LimitedGurdeep Singh, Kshanmugha Sundaram and 1 more are mutual person
- Ntpc Renewable Energy Limited
Kshanmugha Sundaram is a mutual person
- Meja Urja Nigam Private Limited
Kshanmugha Sundaram is a mutual person
- Ntpc Mining Limited
Virendra Malik is a mutual person
Charges (Loans)
Open Charges
₹9,200.00 Cr
Satisfied Charges
₹9,066.99 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 4000.00 Cr
- Others : 2000.00 Cr
- State Bank Of India : 1450.00 Cr
- Axis Bank Limited : 750.00 Cr
- Canara Bank : 500.00 Cr
- Others : 500.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Axis Bank Limited | ₹750.00 Cr | Open |
| 26 Sep 2022 | Hdfc Bank Limited | ₹500.00 Cr | Open |
| 06 Oct 2021 | State Bank Of India | ₹1,000.00 Cr | Open |
| 28 Sep 2020 | Others | ₹850.00 Cr | Open |
| 07 Sep 2020 | Others | ₹500.00 Cr | Open |
How Many Employees Work at North Eastern Electric Power Corporation?
North Eastern Electric Power Corporation has a workforce of 2687 employees as of Apr 08, 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 North Eastern Electric Power 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 North Eastern Electric Power Corporation'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 North Eastern Electric Power Corporation
Recent activity within the organization
- Director Appointment
Kshanmugha Sundaram was appointed as a Nominee Director was appointed as a Nominee Director on 30 Sep 2024 & has been associated with this company since 5 months 20 days .
- Annual General Meeting
North Eastern Electric Power Corporation Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Director Appointment
Virendra Malik was appointed as a Nominee Director was appointed as a Nominee Director on 31 Jul 2024 & has been associated with this company since 7 months 20 days .
- Charges
A charge registered on 15 Jun 2020 via Charge ID 100345135 with Axis Bank Limited was fully satisfied on 27 Jun 2024.
- Balance Sheet
North Eastern Electric Power Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.
- Director Appointment
Piyush Surendrapal Singh was appointed as a Nominee Director was appointed as a Nominee Director on 20 Feb 2024 & has been associated with this company since 1 year 29 days .
Recent News, Updates & Announcement
- NEEPCO, a 100% subsidiary of NTPC, has signed MoA with Govt of Arunachal Pradesh for development of 2620 MW hydro projects.
NEEPCO, a 100% subsidiary of NTPC, has signed MoA with Govt of Arunachal Pradesh for development of 2620 MW hydro projects.The MoA was signed here in Itanagar on 12th August 2023.Development of these projects will contribute towards achieving the dec.
- Inquiry ordered into Kopili hydro power project pipeline rapture.
The high-powered team will also have MP Haren Sing Bay, MLA BB Hagjer, Dr. Nomal Momin, Chief Executive Member of Dima Haso Autonomous Council Debolal Gorlosa. .
- Power Partners SJVN and NEEPCO Team Up to Develop Projects in India and Abroad, Focusing on North-East and Eastern Regions.
SJVN and NEEPCO have joined forces to develop power projects in India and abroad, with a focus on the north-east and eastern regions. They will work together through joint ventures, special purpose vehicles, and consortiums, with each party owning at least 26% of the entity. The agreement, signed by the companies' CMDs, is valid for at least five years and is a step towards SJVN's goal of becoming a 5,000 MW company by 2023. #PowerPartners #NorthEastBound #5kMWby2023.
- NEEPCO handed over two hydro power projects in Meghalaya.
The two power projects are Umja-ut Hydro Electric Power project with a capacity of 69 MW and Umduna Hydro Power Project of 57 MW .
Frequently asked questions
What is the Incorporation or founding date of North Eastern Electric Power Corporation Limited?
North Eastern Electric Power Corporation Limited was incorporated on 02 Apr 1976.
What is authorized share capital and paid-up capital of North Eastern Electric Power Corporation Limited?
The authorized share capital of North Eastern Electric Power Corporation Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 3,609.81 Cr.
Who are the current board members & directors of North Eastern Electric Power Corporation Limited?
Currently 9 directors are associated with North Eastern Electric Power Corporation Limited.
- Gurdeep Singh
- Ranendra Sarma
- Kshanmugha Sundaram
- Virendra Malik
- Baidyanath Maharana
- Abinoam Panu Rong
- Rajesh Kumar Jha
- Baidyanath Maharana
- Piyush Surendrapal Singh
What is the registered address of North Eastern Electric Power Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of North Eastern Electric Power Corporation Limited is Brookland Compound Lower New Colony Dist.East Khasi Hills India, Shillong, Meghalaya, 793003.
What is the corporate identification number (CIN) and company number of North Eastern Electric Power Corporation Limited?
The corporate identification number (CIN) of North Eastern Electric Power Corporation Limited is U40101ML1976GOI001658 and the company number is 001658 as per Ministry of Corporate Affairs (MCA).
What is the official website of North Eastern Electric Power Corporation Limited?
The Official website of North Eastern Electric Power Corporation Limited is https://www.neepco.co.in
What has been the recent revenue trend for North Eastern Electric Power Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for North Eastern Electric Power Corporation Limited has risen by 29.26%.
How many employees does North Eastern Electric Power Corporation Limited currently have?
As Per 2022 financial reports, 2687 employees are currently employed by North Eastern Electric Power Corporation Limited.
What change has been observed in the net worth of North Eastern Electric Power Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of North Eastern Electric Power Corporation Limited has experienced an upsurge of 1.69%.
What are the total open charges for North Eastern Electric Power Corporation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for North Eastern Electric Power Corporation Limited amount to ₹ 9,200.00 Cr.
When was the last Balance Sheet of North Eastern Electric Power Corporation Limited filed with the ROC?
The most recent Balance Sheet for North Eastern Electric Power Corporation Limited was filed with the ROC on 31 Mar 2024.
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