Coromandel Electric Company Limited

Coromandel Electric Company Limited

Electric company generating and supplying power to captive consumers and selling surplus power to third parties.

1997 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

4 hours ago

The generation and supply of power to captive consumers, as well as the sale of surplus power to third parties and Tamil Nadu Electricity Distribution Corporation Limited (TANGEDCO), is the main focus of Coromandel Electric Company Limited. This company, which was incorporated in 1997 and has its registered office in Chennai, Tamil Nadu, is promoted by 'The India Cements Limited' to establish a gas-based power plant for captive use, according to a credit rating report. In addition, CECL operates a 26.19 MW (3*8.73 MW) natural gas-based power plant in Valantharavai village, Ramanathapuram district, Tamil Nadu, with natural gas being the sole fuel used in these plants. CECL also supplies power to ICL and a select group of customers under the group captive scheme.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU45207TN1997PLC038219
Company No.038219
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date19 May 1997
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Coromandel Electric Company Limited

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Coromandel Electric Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.52% increase. The company also saw a substantial improvement in profitability, with a 40.12% increase in profit. The company's net worth moved up by a moderate rise of 9.82%.

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Corporate Structure

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People in Coromandel Electric Company Limited

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹30.00 cr

₹69.68 cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 06 Jul 2010
₹30.00 CrOpen

Idbi Bank Limited

Creation Date: 11 Apr 2011
₹3.10 CrSatisfied

Idbi Bank Limited

Creation Date: 07 May 2010
₹12.00 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

    Director Appointment

    Sandhya Rajan was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2024 & has been associated with this company since 1 month 25 days .

    07 Mar 2024
  • Activity

    Director Appointment

    Lakshmiaparna Sreekumar was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2024 & has been associated with this company since 1 month 25 days .

    07 Mar 2024
  • Activity

    Annual General Meeting

    Coromandel Electric Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Coromandel Electric Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Idbi Bank Limited of Rs. 30.00 cr registered on 06 Jul 2010 with Charge ID 10230609 was modified on 16 Aug 2022.

    16 Aug 2022

Frequently asked questions

What is the Incorporation or founding date of Coromandel Electric Company Limited?

Coromandel Electric Company Limited was incorporated 26 years 11 months ago on 19 May 1997 with Registrar of Companies Roc Chennai.

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