SKS Power Generation
About SKS Power Generation
SKS Power Generation is an Industrial Goods & Manufacturing company based in Raigarh (India), and was acquired by Sarda Energy and Minerals in March 2026. Coal-based thermal power generation and related services in Chhattisgarh, India. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 406 employees. Its Indian entity Sks Power Generation (Chhattisgarh) Limited reported revenue of ₹986 Cr. SKS Power Generation offers products and services including Thermal Power Generation and Chemical Products. Its focus areas include Manufacturing, Chemicals, Industrial Chemicals and Raw Material Processing.
Company details
SKS Power Generation (Chhattisgarh) Limited is established as a coal-based thermal power plant in Raigarh District, Chhattisgarh, India, featuring four 300 MW units. Phase I, comprising two units, has been completed, while Phase II is currently being executed. Water is drawn from the Mahanadi River, and coal is sourced from nearby mines. The company is involved in energy production, chemical supplies, and material quality services, supporting industrial needs through advanced coal conversion technologies. Connections to railway infrastructure facilitate efficient operations.
- Headquarters Raigarh, India
- Employees 406
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Website spgcl.com
- Acquired by Sarda Energy and Minerals (Mar 2026)
- Legal Name Sks Power Generation (Chhattisgarh) Limited
- Date of Incorporation 18 Mar, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹986 Cr
FY 2020 · +89% YoY
- Net Loss-₹179 Cr
FY 2020 · -18% margin
- EBITDA₹167 Cr
FY 2020 · 17% margin
- Investors
- Employee Count406
- Acquired bySarda Energy and Minerals
(Mar 2026)
Associated legal entities of SKS Power Generation
SKS Power Generation operates through Sks Power Generation (Chhattisgarh) Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sks Power Generation (Chhattisgarh) Limited CIN U40103MH2008PLC180231 | Amalgamated | 18 Mar 2008 | Mumbai, Maharashtra | ₹986 Cr | 406 | 3 | View details |
Products & Services of SKS Power Generation
SKS Power Generation offers a comprehensive portfolio of products and services, including Thermal Power Generation and Chemical Products.
Electricity is generated using coal-based thermal plants for energy supply.
Chemical products are provided for manufacturing and industrial operations.
Investors in SKS Power Generation
SKS Power Generation has secured backing from 1 investor. Prominent investors backing the company include Sarda Energy and Minerals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mining, solar and thermal power generation company | 1973 | seml.co.in | Raipur, India |
Investor details for SKS Power Generation
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Board of directors of Sks Power Generation (Chhattisgarh) Limited (SKS Power Generation)
Sks Power Generation (Chhattisgarh) Limited is the primary company behind SKS Power Generation. The board of Sks Power Generation (Chhattisgarh) Limited currently have 3 directors; the longest-serving is Binoy Sandip Parikh, appointed in 2024. 28 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Binoy Sandip Parikh DIN 10060552 | Director | 20 Aug 2024 | 2 yrs 2 mo | Sks Power Generation (Chhattisgarh) Limited |
| Manish Jugalkishore Sarda DIN 00499649 | Director | 20 Aug 2024 | 2 yrs 2 mo | Sks Power Generation (Chhattisgarh) Limited |
| Jitender Balakrishnan DIN 00028320 | Director | 20 Aug 2024 | 2 yrs 2 mo | Sks Power Generation (Chhattisgarh) Limited |
Financials of SKS Power Generation
Figures of Sks Power Generation (Chhattisgarh) Limited, the primary company behind SKS Power Generation, for FY 2020. Revenue was ₹986 Cr (+89% year on year). Net loss was -₹179 Cr (-18% margin). EBITDA was ₹167 Cr (17% margin). Revenue has grown at a compounded annual rate of +1112% over three years and +370% over five years.
- ₹986 CrRevenue · FY 2020 · +89% YoY
- -₹179 CrNet loss · -18% margin
- ₹167 CrEBITDA · 17% margin
- ₹10 LakhPaid-up capital
- 406Employees (provident fund records)
- +1112%Revenue CAGR, 3 years
- +370%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sks Power Generation (Chhattisgarh) Limited are on its company page.
Detailed financial statements for SKS Power Generation
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Web traffic of SKS Power Generation
The website of SKS Power Generation (spgcl.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 23.7% vs previous month
Top companies in Metals & Minerals
3 companies that operate in the same segment as SKS Power Generation (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 21.54 B | 78,760 |
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Related news about Sks Power Generation
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Frequently Asked Questions about SKS Power Generation
SKS Power Generation is headquartered in Raigarh, India. It is registered at Raigarh, Chhattisgarh, India.
SKS Power Generation has 406 employees.
The primary company behind SKS Power Generation, Sks Power Generation (Chhattisgarh) Limited, reported revenue of ₹986 Cr for FY 2020, up 89% year on year.
SKS Power Generation (Chhattisgarh) Limited is established as a coal-based thermal power plant in Raigarh District, Chhattisgarh, India, featuring four 300 MW units. Phase I, comprising two units, has been completed, while Phase II is currently being executed. Water is drawn from the Mahanadi River, and coal is sourced from nearby mines. The company is involved in energy production, chemical supplies, and material quality services, supporting industrial needs through advanced coal conversion technologies. Connections to railway infrastructure facilitate efficient operations.
SKS Power Generation offers Thermal Power Generation and Chemical Products.
SKS Power Generation has 1 investor. Key investors include Sarda Energy and Minerals.
SKS Power Generation operates through Sks Power Generation (Chhattisgarh) Limited.
Yes. SKS Power Generation was acquired by Sarda Energy and Minerals in March 2026.
The legal entities of SKS Power Generation currently have 3 directors, including Binoy Sandip Parikh, Manish Jugalkishore Sarda, Jitender Balakrishnan.