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

Pragati Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3,500.00 Cr
  • Paid Up Capital ₹ 2,074.19 Cr
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 578.57 Cr
  • Satisfied Charges ₹ 4,387.00 Cr
  • Revenue Growth -38.54%
  • Profit Growth -58.23%
  • Ebitda -46.55%
  • Net Worth 10.04%
  • Total Assets -1.78%

About Pragati Power Corporation

Pragati Power Corporation Limited (PPCL) is a leading Public Limited State Government Company incorporated in India on 09 January 2001 and has a history of 24 years and one month. Its registered office is in Delhi, India.

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 2020. It's a company limited by shares with an authorized capital of Rs 3,500.00 Cr and a paid-up capital of Rs 2,074.19 Cr.

The company currently has active open charges totaling ₹578.57 Cr. The company has closed loans amounting to ₹4,387.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pragati Power Corporation Limited India are Dhiraj Nimwal as COMPANY SECRETARY and Sanjay Choudhary as Cfo. Sandeep Aggarwal, Madan Verma, Bhrigu Ojha, and Five other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ipgcl-ppcl.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL2001SGC109135

  • Company No.

    109135

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    09 Jan 2001

  • Date of AGM

    29 Dec 2021

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

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

Executive Team (3)

NameDesignationAppointment DateStatus
Dhiraj Nimwal Country flag representing In Company Secretary05-Feb-2019Current
Sanjay Choudhary CFO27-Apr-2022Current
Ravi Dhawan Country flag representing In Managing Director17-Jan-2023Current

Board Members (7)

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

Financial Performance 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%.

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
-38.54%
Revenue from Operations
-38.89%
Total Assets
-1.78%
Profit or Loss
-58.23%
Net Worth
10.04%
EBITDA
-46.55%

What is the Ownership and Shareholding Structure of Pragati Power Corporation?

In 2021, Pragati Power 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

₹578.57 Cr

Satisfied Charges

₹4,387.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 578.57 Cr

Latest Charge Details

DateLenderAmountStatus
05 Aug 2020State Bank Of India₹300.00 CrOpen
22 Jul 2020State Bank Of India₹278.57 CrOpen
30 Mar 2016Others₹50.00 CrSatisfied
19 Aug 2015Bank Of India₹100.00 CrSatisfied
18 May 2012Indusind Bank Ltd.₹150.00 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati 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 Pragati 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 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 5 months 18 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 2 years 1 month .

    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 2 years 1 month .

    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 6 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 9 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.

People also Viewed

Similar Companies Based on Biofuel & Biomass Energy