Odisha Power Transmission Corporation Limited

Government-owned company providing electricity transmission and wheeling services in Odisha.

2004 | Bhubaneswar, Orissa (India) | Active
Last Updated: October 15, 2024

Odisha Power Transmission Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3,500.00 Cr
  • Paid Up Capital ₹ 2,596.69 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,635.41 Cr
  • Satisfied Charges ₹ 1,526.36 Cr
  • Revenue Growth 23.64%
  • Profit Growth -10.65%
  • Ebitda 44.28%
  • Net Worth 15.20%
  • Total Assets 9.74%

About Odisha Power Transmission Corporation

Odisha Power Transmission Corporation Limited (OPTCL) is a leading Public Limited State Government Company incorporated in India on 29 March 2004 and has a history of 20 years and ten months. Its registered office is in Bhubaneswar, Orissa, India.

The Corporate was formerly known as Orissa Power Transmission Corporation 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 2023. It's a company limited by shares with an authorized capital of Rs 3,500.00 Cr and a paid-up capital of Rs 2,596.69 Cr.

The company currently has active open charges totaling ₹1,635.41 Cr. The company has closed loans amounting to ₹1,526.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Odisha Power Transmission Corporation Limited India are Prasanta Das as COMPANY SECRETARY and Umesh Gupta as Cfo. Bijoy Misra, Pradeep Pujari, Mukti Mishra, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    optcl.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40102OR2004SGC007553

  • Company No.

    007553

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    29 Mar 2004

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Energy and Power

Who are the key members and board of directors at Odisha Power Transmission Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Prasanta Das Company Secretary10-Jun-2005Current
Umesh Gupta CFO19-May-2022Current

Board Members (10)

NameDesignationAppointment DateStatus
Raghunath Pratihari Country flag representing In Whole-Time Director 26-May-2020Current
Mukti Mishra Country flag representing In Director 28-Dec-2011Current
Bijoy Misra Country flag representing In Director 13-Apr-2017Current
Pradeep Pujari Country flag representing In Director 16-Sep-2023Current
Rabindra Nayak Country flag representing In Director 06-Oct-2022Current
Meera Viswavandya Country flag representing In Director 16-Oct-2015Current

Financial Performance of Odisha Power Transmission Corporation.

Odisha Power Transmission Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.64% increase. The company also saw a substantial fall in profitability, with a 10.65% decrease in profit. The company's net worth Soared by an impressive increase of 15.2%.

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
23.64%
Revenue from Operations
20.46%
Total Assets
9.74%
Profit or Loss
-10.65%
Net Worth
15.20%
EBITDA
44.28%

What is the Ownership and Shareholding Structure of Odisha Power Transmission Corporation?

In 2023, Odisha Power Transmission Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,635.41 Cr

Satisfied Charges

₹1,526.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 1167.12 Cr
  • Uco Bank : 468.29 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2022Uco Bank₹468.29 CrOpen
22 Apr 2021Others₹607.12 CrOpen
29 Dec 2017Others₹560.00 CrOpen
29 Sep 2018Others₹22.00 CrSatisfied
22 Sep 2015Rural Electrification Corporation Limited₹137.45 CrSatisfied

How Many Employees Work at Odisha Power Transmission Corporation?

Odisha Power Transmission Corporation has a workforce of 3 employees as of Oct 15, 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 Odisha Power Transmission 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 Odisha Power Transmission 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 Odisha Power Transmission Corporation

Recent activity within the organization

  • Charges

    A charge registered on 29 Sep 2018 via Charge ID 100211583 with Others was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge registered on 22 Sep 2015 via Charge ID 10596096 with Rural Electrification Corporation Limited was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge registered on 15 Sep 2009 via Charge ID 10178323 with Rural Electrification Corporation Limited was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge registered on 15 May 2009 via Charge ID 10160421 with Rural Electrification Corporation Limited was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Annual General Meeting

    Odisha Power Transmission Corporation Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Pradeep Kumar Pujari was appointed as a Director was appointed as a Director on 16 Sep 2023 & has been associated with this company since 1 year 5 months .

    16 Sep 2023

Frequently asked questions

  • Odisha Power Transmission Corporation Limited was incorporated on 29 Mar 2004.

  • The authorized share capital of Odisha Power Transmission Corporation Limited is ₹ 3,500.00 Cr and paid-up capital is ₹ 2,596.69 Cr.

  • Currently 12 directors are associated with Odisha Power Transmission Corporation Limited.

    • Bijoy Kumar Misra
    • Pradeep Kumar Pujari
    • Mukti Kanta Mishra
    • Rabindra Nath Nayak
    • Meera Viswavandya
    • Satya Priya Rath
    • Yudhisthir Nayak
    • Raghunath Pratihari
    • Bhadresh Bachubhai Mehta
    • Saidutta Biplabkeshari Pradhan
    • Prasanta Kumar Das
    • Umesh Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Odisha Power Transmission Corporation Limited is Optcl Tech Tower, Janpath Saheed Nagar, Bhubaneswar, Orissa, India, 751007.

  • The corporate identification number (CIN) of Odisha Power Transmission Corporation Limited is U40102OR2004SGC007553 and the company number is 007553 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Odisha Power Transmission Corporation Limited is https://www.optcl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Odisha Power Transmission Corporation Limited has risen by 23.64%.

  • As Per 2023 financial reports, 3 employees are currently employed by Odisha Power Transmission Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Odisha Power Transmission Corporation Limited has experienced an upsurge of 15.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Odisha Power Transmission Corporation Limited amount to ₹ 1,635.41 Cr.

  • The most recent Balance Sheet for Odisha Power Transmission Corporation Limited was filed with the ROC on 31 Mar 2023.

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