Pragati Power Corporation Limited logo

Pragati Power Corporation Limited

Operates gas-fired power plants under regulated cost-plus model for reasonable return on investments.
2001 | Delhi (India) | Active

Last Updated:

December 06, 2024
HomeCompanyPragati Power Corporation Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Dhiraj Nimwal InCompany Secretary05-Feb-2019Current
Sanjay ChoudharyCFO27-Apr-2022Current
Ravi Dhawan InManaging Director17-Jan-2023Current

Board Members(7)

NameDesignationAppointment DateStatus
Sandeep Aggarwal In Director 28-Aug-2021Current
Anjali Rai In Director 28-Aug-2021Current
Madan Verma In Nominee Director 18-Feb-2010Current
Bhrigu Ojha In Director 01-Oct-2009Current
Shurbir Singh In Nominee Director 22-Aug-2022Current
Naveen Sake In Nominee Director 16-Jan-2023Current

Financial Performance and Corporate Structure Insights of Pragati Power Corporation.

Pragati Power Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 38.54% decrease. The company also saw a substantial fall in profitability, with a 58.23% decrease in profit. The company's net worth Soared by an impressive increase of 10.04%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-38.54%
Revenue from Operations
-38.89%
Total Assets
-1.78%
Profit or Loss
-58.23%
Net Worth
10.04%
EBITDA
-46.55%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹578.57 Cr

₹4,387.00 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 05 Aug 2020
₹300.00 CrOpen

State Bank Of India

Creation Date: 22 Jul 2020
₹278.57 CrOpen

Others

Creation Date: 30 Mar 2016
₹50.00 CrSatisfied

How Many Employees Work at Pragati Power Corporation?

Pragati Power Corporation has a workforce of 72 employees as of Oct 17, 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.

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Latest Updates, News, and FAQs on Pragati Power Corporation

Recent activity within the organization

  • Director Appointment

    Amit Ahuja was appointed as a Additional Director was appointed as a Additional Director on 03 Sep 2024 & has been associated with this company since 3 months 16 days .

    03 Sep 2024

  • Director Appointment

    Ravi Dhawan was appointed as a Managing Director was appointed as a Managing Director on 17 Jan 2023 & has been associated with this company since 1 year 11 months .

    17 Jan 2023

  • Director Appointment

    Naveen Lakshman Sake was appointed as a Nominee Director was appointed as a Nominee Director on 16 Jan 2023 & has been associated with this company since 1 year 11 months .

    16 Jan 2023

  • Director Appointment

    Shurbir Singh was appointed as a Nominee Director was appointed as a Nominee Director on 22 Aug 2022 & has been associated with this company since 2 years 3 months .

    22 Aug 2022

  • Director Appointment

    Sanjay Kumar Choudhary was appointed as a Cfo was appointed as a Cfo on 27 Apr 2022 & has been associated with this company since 2 years 7 months .

    27 Apr 2022

  • Annual General Meeting

    Pragati Power Corporation Limited last Annual general meeting of members was held on 29 Dec 2021 as per latest MCA records.

    29 Dec 2021

Frequently asked questions

  • Pragati Power Corporation Limited was incorporated on 09 Jan 2001.

  • The authorized share capital of Pragati Power Corporation Limited is ₹ 3,500.00 Cr and paid-up capital is ₹ 2,074.19 Cr.

  • Currently 10 directors are associated with Pragati Power Corporation Limited.

    • Sandeep Aggarwal
    • Madan Verma
    • Bhrigu Nath Ojha
    • Anjali Rai
    • Shurbir Singh
    • Naveen Lakshman Sake
    • Amit Ahuja
    • Dhiraj Kumar Nimwal
    • Sanjay Kumar Choudhary
    • Ravi Dhawan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Power Corporation Limited is Himadri Rajghat Power House Complex, India, New Delhi, 110002.

  • The corporate identification number (CIN) of Pragati Power Corporation Limited is U74899DL2001SGC109135 and the company number is 109135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragati Power Corporation Limited is https://www.ipgcl-ppcl.gov.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Pragati Power Corporation Limited has fallen by -38.54%.

  • As Per 2021 financial reports, 72 employees are currently employed by Pragati Power Corporation Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Pragati Power Corporation Limited has experienced an upsurge of 10.04%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Pragati Power Corporation Limited amount to ₹ 578.57 Cr.

  • The most recent Balance Sheet for Pragati Power Corporation Limited was filed with the ROC on 31 Mar 2020.

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