NESCO Odisha

Balasore, India Founded: 1997 • Age: 29 yrs Acquired By Tata Power
Electricity is distributed by NESCO Odisha across Odisha regions.

About NESCO Odisha

NESCO Odisha is an Energy & Utilities company based in Balasore (India) founded in 1997, and was acquired by Tata Power in April 2021. Electricity is distributed by NESCO Odisha across Odisha regions. Its focus areas include Energy, Utilities, Utility Supplier and Electricity. Its legal entity in India is North Eastern Electricity Supply Company Of Odisha Limited (U40109OR1997PLC005106).

Company details

NESCO Odisha was established in 1997 and is headquartered in Balasore, India. Electricity distribution is handled by the company within the power sector, serving residential, commercial, and industrial consumers in Odisha. Operations include supply management and infrastructure maintenance, with coverage extending to multiple districts. The companys online presence is maintained through nescoodisha.com, supporting regional energy needs.

Key Metrics
  • Net Loss
    -₹33.65 Cr

    FY 2022 · 0% margin

  • EBITDA
    -₹4.17 Cr

    FY 2022 · 0% margin

  • Investors
  • Acquired by
    Tata Power

    (Apr 2021)

Investors in NESCO Odisha

NESCO Odisha has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tata Power.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Electricity generation, transmission, and distribution services are provided.
1919tatapower.comMumbai, India
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Investor details for NESCO Odisha

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Board of directors of North Eastern Electricity Supply Company Of Odisha Limited (NESCO Odisha)

North Eastern Electricity Supply Company Of Odisha Limited is the primary company behind NESCO Odisha. The board of North Eastern Electricity Supply Company Of Odisha Limited currently have 9 directors; the longest-serving is Omkar Nath Padhy, appointed in 2018. 68 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Omkar Nath Padhy
DIN 08306565
Director24 Dec 20187 yrs 10 moNorth Eastern Electricity Supply Company Of Odisha Limited
Susanta Kumar Sarangi
DIN 08306536
Director24 Dec 20187 yrs 10 moNorth Eastern Electricity Supply Company Of Odisha Limited
Baishnab Charan Padhihary
DIN 09124562
Director30 Mar 20215 yrs 7 moNorth Eastern Electricity Supply Company Of Odisha Limited
Debasis Misra
DIN 08896257
Director23 Mar 20224 yrs 7 moNorth Eastern Electricity Supply Company Of Odisha Limited
Murchhana Dhar
DIN 10236265
Director25 Sep 20233 yrs 1 moNorth Eastern Electricity Supply Company Of Odisha Limited
Guru Charan Panda
DIN 05313768
Director25 Jun 20251 yr 4 moNorth Eastern Electricity Supply Company Of Odisha Limited
Bhupendra Kumar Patnaik
DIN 11146080
Director25 Jun 20251 yr 4 moNorth Eastern Electricity Supply Company Of Odisha Limited
Padmalochan Sahoo
DIN 11295197
Director26 Sep 20251 yr 1 moNorth Eastern Electricity Supply Company Of Odisha Limited
Sribidya Padhi
DIN 11304020
Director26 Sep 20251 yr 1 moNorth Eastern Electricity Supply Company Of Odisha Limited

Financials of NESCO Odisha

Figures of North Eastern Electricity Supply Company Of Odisha Limited, the primary company behind NESCO Odisha, for FY 2022. Net loss was -₹33.65 Cr (0% margin). EBITDA was -₹4.17 Cr (0% margin).

  • -₹33.65 CrNet loss · 0% margin
  • -₹4.17 CrEBITDA · 0% margin
  • ₹65.91 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of North Eastern Electricity Supply Company Of Odisha Limited are on its company page.

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Detailed financial statements for NESCO Odisha

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Timeline of NESCO Odisha

2 dated milestones of NESCO Odisha across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded NESCO Odisha is founded.
  2. Exit Acquired by Tata Power.

Web traffic of NESCO Odisha

Websites that share an audience with NESCO Odisha (nescoodisha.com).

Similar websites

Websites whose visitors overlap most with NESCO Odisha. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
wescoodisha.com
wescoodisha.com
100%
–
orierc.org
79%
#315,206View details
dcrustcplo.in
dcrustcplo.in
78%
–
kspconline.in
kspconline.in
76%
–
orissaonline.gov.in
orissaonline.gov.in
58%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 26 similar websites and full traffic analytics for NESCO Odisha

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  • 26 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about NESCO Odisha

NESCO Odisha was founded in 1997.

NESCO Odisha is headquartered in Balasore, India. It is registered at Balasore, Odisha, India.

NESCO Odisha was established in 1997 and is headquartered in Balasore, India. Electricity distribution is handled by the company within the power sector, serving residential, commercial, and industrial consumers in Odisha. Operations include supply management and infrastructure maintenance, with coverage extending to multiple districts. The companys online presence is maintained through nescoodisha.com, supporting regional energy needs.

NESCO Odisha has 1 investor. Key investors include Tata Power.

NESCO Odisha operates through North Eastern Electricity Supply Company Of Odisha Limited.

Yes. NESCO Odisha was acquired by Tata Power in April 2021.

The legal entities of NESCO Odisha currently have 11 directors, including Baishnab Charan Padhihary, Murchhana Dhar, Omkar Nath Padhy and others.

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