Sai Achyuth Energy Private Limited

Sai Achyuth Energy Private Limited

Solar energy company with 20-year PPA for 5MW plant in Andhra Pradesh.

2012 Kurnool, Andhra Pradesh (India) Active

About

Basic Data Updated:

1 month ago

The 5-megawatt solar power plant at Jagadurthy village in Kurnool, Andhra Pradesh is operated by Sai Achyuth Energy Private Limited. A 20-year PPA (Power Purchase Agreement) with APSSPDCL (Andhra Pradesh State Southern Power Distribution Company Limited) was signed by the company, which began in Oct 2015. The company has secured a 20-year PPA with APSSPDCL for 100% power off-take at a fixed tariff of Rs 6.49 per unit. It has been reported that the company has maintained an average PLF (Plant Load Factor) of approximately 22.5% since its inception. In Oct 2012, the company was incorporated and its registered office is situated in Kurnool, Andhra Pradesh.

Industry

Company Details

  • Location

    Kurnool, Andhra Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU74900AP2012PTC083463
Company No.083463
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date05 Oct 2012
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Vijayawada

Financials of Sai Achyuth Energy Private Limited

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Sai Achyuth Energy Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.77% decrease. The company also saw a substantial improvement in profitability, with a 124.9% increase in profit. The company's net worth Soared by an impressive increase of 16.78%.

Corporate Structure

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Unlock access to Sai Achyuth Energy's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Sai Achyuth Energy Private Limited

Executive Team (1)

  • sankar_reddy_346917.png
    Sankara Chitte In Managing Director

    Appointment Date: 10-Oct-2014

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹45.42 cr

₹64.02 cr

LenderAmountStatus

State Bank Of India

Creation Date: 26 Feb 2024
₹25.00 CrOpen

State Bank Of India

Creation Date: 27 Dec 2017
₹20.42 CrOpen

State Bank Of India

Creation Date: 30 Nov 2021
₹20.42 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 25.00 cr with Charge ID 100880663 was registered on 26 Feb 2024.

    26 Feb 2024
  • Activity

    Annual General Meeting

    Sai Achyuth Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Director Appointment

    Pogaku Pulla Reddy was appointed as a Director was appointed as a Director on 10 Jun 2023 & has been associated with this company since 11 months 23 days .

    10 Jun 2023
  • Activity

    Balance Sheet

    Sai Achyuth Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 30 Nov 2021 via Charge ID 100515628 with State Bank Of India was fully satisfied on 18 May 2022.

    18 May 2022

Frequently asked questions

What is the Incorporation or founding date of Sai Achyuth Energy Private Limited?

Sai Achyuth Energy Private Limited was incorporated 11 years 7 months ago on 05 Oct 2012 with Registrar of Companies Roc Vijayawada.

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