About Bihar State Power Generation Company Limited
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Bihar State Power Generation Company Limited is a public limited state government company based in Patna, Bihar, India, a subsidiary of Bihar State Power (Holding) Company Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 29 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U40102BR2012SGC018888. Its GSTIN is 10AAFCB2392G1Z4 (Bihar).
The company has an authorised share capital of ₹5,050 Cr and a paid-up capital of ₹4,848.96 Cr. It is led by directors including Mahendra Kumar (Managing Director) and Abdesh Kumar Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vidyut Bhawan Bailey Road, Patna, Bihar, India – 800021.
As per the financials filed for FY 2020, the company reported a revenue of ₹15.57 Cr. For the same year it recorded a net loss of ₹2.56 Cr (net margin -16.5%) and EBITDA of -₹2.46 Cr (EBITDA margin -15.8%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company has open charges of ₹500 Cr and satisfied charges of ₹1,898 Cr on record. Court records list 81 cases involving the company, including 20 filed by the company and 61 filed against it; 21 cases are pending. The company has 3 deals on record (3 rights issues); the latest was in December 2024. Its 9 peer companies in the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 5 smaller; the largest is U P SLDC Limited with revenue of ₹15.69 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bspgcl.bihar.gov.in.
Company details
Contact details
Bihar State Power Generation Company Limited's registered office is in Patna, Bihar. Its website is bspgcl.bihar.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVidyut Bhawan Bailey Road, Patna, Bihar, India – 800021
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Bihar State Power Generation Company Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bihar State Power Generation Company is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Bihar State Power Generation Company Limited, buy the company report.
Financials of Bihar State Power Generation Company Limited
FY 2024 filings availableBihar State Power Generation Company Limited reported revenue of ₹15.57 Cr for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹2.46 Cr | ||||
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| Net Profit (PAT) | -₹2.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -15.8% | ||||
| Net Profit Margin | -16.5% | ||||
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To see the full financial statements and ratios of Bihar State Power Generation Company Limited, buy the company report.
Board of directors of Bihar State Power Generation Company Limited
Bihar State Power Generation Company has 5 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar | Managing Director | 14 Jun 2024 | 2 Years 5 Months | Current |
| Mukesh Kumar Lal | Nominee Director | 18 Jun 2025 | 1 Years 4 Months | Current |
| Abdesh Kumar Singh Also directs: Bihar State Power Transmission Company Limited | Whole-Time Director | 18 Jul 2023 | 3 Years 3 Months | Current |
| Manoj Kumar Singh | Nominee Director | 11 Jun 2025 | 1 Years 5 Months | Current |
| Rahul Kumar | Nominee Director | 30 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Bihar State Power Generation Company Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| U P SLDC Limited | ₹15.69 Cr (FY 2024) | 191.0% | Lucknow, Uttar Pradesh, India | |||
| Kushtagi Solar Power Private Limited | ₹15.67 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Renew Surya Alok Private Limited | ₹15.63 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| A. Energys Private Limited | ₹15.59 Cr (FY 2025) | 273.0% | Guwahati, Assam, India | |||
| Bihar State Power Generation Company Limitedthis company | ₹15.57 Cr (FY 2020) | -₹2.56 Cr | -16.5% | Patna, Bihar, India | ||
| Ostro Alpha Wind Private Limited | ₹15.56 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Kasturi Estates Private Limited | ₹15.51 Cr (FY 2025) | -78.0% | Chennai, Tamil Nadu, India | |||
| MSR Mega Bio Power Limited | ₹15.48 Cr (FY 2022) | -30.0% | Hyderabad, Telangana, India | |||
| Regency Gangani Energy Private Limited | ₹15.47 Cr (FY 2025) | -11.0% | Himachal Pradesh, India | |||
| Clean Wind Power (Pratapgarh) Private Limited | ₹15.42 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bihar State Power Generation Company Limited, buy the company report.
Auditor
Bihar State Power Generation Company Limited is audited by JHA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JHA & ASSOCIATES | FY 2019 | 001195C |
Shareholding
The shareholding of Bihar State Power Generation Company Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bihar State Power Generation Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2025 | 101221708 | Others | ₹500 Cr | Open | |
| 15 May 2015 | 10571647 | Power Finance Corporation Limited | ₹1,398 Cr | Satisfied | |
| 07 Jul 2014 | 10509868 | Canara Bank | ₹300 Cr | Satisfied | |
| 28 Jun 2013 | 10437592 | Others | ₹200 Cr | Satisfied |
To see the full charge records of Bihar State Power Generation Company Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Bihar State Power Generation Company Limited has 3 deals on record (3 rights issues); the latest was in December 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹36 Cr | Investors: Bihar State Power (Holding) Company Limited |
| May 2018 | Rights issue | ₹2,707.54 Cr | Investors: Bihar State Power (Holding) Company Limited |
| Apr 2015 | Rights issue | ₹2,103.32 Cr | Investors: Bihar State Power (Holding) Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bihar State Power Generation Company Limited has 81 court cases on record: 20 filed by Bihar State Power Generation Company, 61 filed against it. 21 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 70 | 52 | 16 |
| District courts | 6 | 4 | 2 |
| Supreme Court | 5 | 5 | 3 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Court case (C.M.P.) | Filed against the company by NTPC Limited Through Its Authorized Signatory Namely Shri Shrikant Sinha | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by GMR Kamalanga Energy Limited Authorised Representative Skip House, 25/1 Museum Road Bangalore ,Bangalore , Karnataka and 1 other | Pending |
| High Court, BIHAR | Court case (REQ. CASE) | Filed against the company by Mcnally Bharat Engineering Company Limited | Disposed |
| District court, Ranchi, Jharkhand | Interim or miscellaneous application | Filed against the company by NTPC Limited | Disposed |
| District court, Patna, Bihar | Interim or miscellaneous application | Filed by the company against Chairman, Bihar State Power Holding Company Limited and 2 others | Disposed |
To see the full case history of Bihar State Power Generation Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bihar State Power Generation Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bihar State Power Generation Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAFCB2392G1Z4 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bihar State Power Generation Company Limited, buy the company report.
Recent activity
Bihar State Power Generation Company Limited has 40 board changes on record since 2013: 5 appointments and 35 cessations. The latest: Mukesh Kumar Lal was appointed as Nominee Director on 18 Jun 2025.
40 earlier events are in the company report.
News
Frequently asked questions
Bihar State Power Generation Company is an active public limited state government company based in Patna, Bihar, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 29 June 2012 (14+ years old) and is registered under CIN U40102BR2012SGC018888.
Bihar State Power Generation Company has 5 current directors:
- Mahendra Kumar - Managing Director
- Abdesh Kumar Singh - Whole-Time Director
- Mukesh Kumar Lal - Nominee Director
- Manoj Kumar Singh - Nominee Director
- Rahul Kumar - Nominee Director
The latest financial statements of Bihar State Power Generation Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bihar State Power Generation Company is 10AAFCB2392G1Z4, registered in Bihar.
The CIN (Corporate Identification Number) of Bihar State Power Generation Company is U40102BR2012SGC018888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bihar State Power Generation Company has 81 court cases on record: 20 filed by the company and 61 filed against it. 21 are pending. Most are in the high courts.
Bihar State Power Generation Company was incorporated on 29 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Patna.
Bihar State Power Generation Company has 3 deals on record (3 rights issues); the latest was in December 2024.
The peers of Bihar State Power Generation Company by revenue are U P SLDC Limited, Kushtagi Solar Power Private Limited, Renew Surya Alok Private Limited, A. Energys Private Limited, Ostro Alpha Wind Private Limited and 4 more, all in the same principal business activity (electric power generation, transmission and distribution).
Mukesh Kumar Lal was appointed as Nominee Director on 18 Jun 2025. Manoj Kumar Singh was appointed as Nominee Director on 11 Jun 2025. Nilesh Ramchandra Deore ceased to be Nominee Director on 02 Jun 2025. Bihar State Power Generation Company has 40 board changes on record in total.
Bihar State Power Generation Company can be reached through the website bspgcl.bihar.gov.in. Its registered office is in Patna, Bihar, India.
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