North Eastern Electric Power Corporation Limited

Power generation company in North-Eastern India with 12 stations and 1,907 MW installed capacity.

1976 | Khasi Hills, Meghalaya (India) | Active
Last Updated: December 06, 2024

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, 10 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 ten 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

    neepco.co.in

  • 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

Who are the key members and board of directors at North Eastern Electric Power Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Gurdeep Singh Country flag representing In Managing Director01-Jun-2023Current
Baidyanath Maharana Country flag representing In CFO20-Sep-2021Current
Abinoam Rong Company Secretary01-Jun-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Ranendra Sarma Country flag representing In Whole-Time Director 18-Apr-2023Current
Kshanmugha Sundaram Country flag representing In Nominee Director 30-Sep-2024Current
Virendra Malik Country flag representing In Nominee Director 31-Jul-2024Current
Rajesh Jha Country flag representing In Whole-Time Director 25-Sep-2023Current
Piyush Singh Country flag representing In Nominee Director 20-Feb-2024Current

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%.

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
29.26%
Revenue from Operations
40.15%
Total Assets
-0.73%
Profit or Loss
343.19%
Net Worth
1.69%
EBITDA
67.27%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
24 Jan 2024Axis Bank Limited₹750.00 CrOpen
26 Sep 2022Hdfc Bank Limited₹500.00 CrOpen
06 Oct 2021State Bank Of India₹1,000.00 CrOpen
28 Sep 2020Others₹850.00 CrOpen
07 Sep 2020Others₹500.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 4 months 23 days .

    30 Sep 2024

  • 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.

    16 Sep 2024

  • 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 6 months 23 days .

    31 Jul 2024

  • Charges

    A charge registered on 15 Jun 2020 via Charge ID 100345135 with Axis Bank Limited was fully satisfied on 27 Jun 2024.

    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.

    31 Mar 2024

  • 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 1 day .

    20 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • North Eastern Electric Power Corporation Limited was incorporated on 02 Apr 1976.

  • 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.

  • 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
  • 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.

  • 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).

  • The Official website of North Eastern Electric Power Corporation Limited is https://www.neepco.co.in

  • 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%.

  • As Per 2022 financial reports, 2687 employees are currently employed by North Eastern Electric Power Corporation Limited.

  • 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%.

  • 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.

  • 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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