About
Basic Data Updated:
26 days agoThe power generation business in the state of Gujarat is being carried out by Gujarat State Electricity Corporation Limited. A variety of power stations, including hydro, thermal, and gas based, are operated by the company. These include five thermal plants, one lignite power plant, two gas based power plants, and four hydro power plants, including the Panam Canal Mini Hydro power station. With a total generation capacity of 6041 MW, which also includes 250 MW of lignite power, GSECL is a major player in the power industry. According to a credit rating report, the main focus of GSECL is on the generation and sale of power to GUVNL through long-term PPA agreements. Currently, the total power generation capacity of GSECL stands at 5894 MW. The company's generation portfolio consists of a mix of thermal and hydro power in the ratio of approximately 91:09. Recently, GSECL has successfully completed projects for 500 MW at Sikka and 376 MW at Dhuvaran. In addition, the company has also taken up a new power project of 800 MW at Wanakbori, further solidifying its position as a leading power generation company in the state.
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U40100GJ1993SGC019988 |
| Company No. | 019988 |
| Company Classification | Public Limited State Government Company |
| Incorporation Date | 12 Aug 1993 |
| Date of AGM | 26 Dec 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Ahmedabad |
Products or Services related to Gujarat State Electricity Corporation Limited
Power Station
On Grid Solar Power Systems
Electric Substation Turnkey Projects
Industrial project consultants
Financials of Gujarat State Electricity Corporation Limited
Gujarat State Electricity Corporation Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 2.97% increase. The company also saw a substantial improvement in profitability, with a 151.79% increase in profit. The company's net worth Soared by an impressive increase of 10.74%.
Corporate Structure
Unlock access to Gujarat State Electricity Corporation'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 Gujarat State Electricity Corporation Limited
Unlock and access historical data on people associated with Gujarat State Electricity Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
SS
Shubhadeep Sen
CFOAppointment Date: 11-Mar-2024
Status: Current
RP
Ravi Pareek Company SecretaryAppointment Date: 01-Jan-2022
Status: Current
SB
Somes Bandyopadhyay Managing DirectorAppointment Date: 19-Oct-2023
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 27 Apr 2016 | ₹10.40 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 27 Apr 2016 | ₹10.40 Cr | Open |
Others Creation Date: 08 Jan 2007 | ₹1,805.15 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gujarat State Electricity Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gujarat State Electricity Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Uttar Gujarat Vij Company Limited
Active
20 years 8 months Tejas Parmar, Jai Shivahare and 2 more are mutual person
Paschim Gujarat Vij Company Limited
Active 20 years 8 months Tejas Parmar, Jai Shivahare and 2 more are mutual person
Madhya Gujarat Vij Company Limited
Active 20 years 8 months Tejas Parmar, Jai Shivahare and 2 more are mutual person
Gujarat Urja Vikas Nigam Limited
Active 19 years 4 months Mamta Verma, Tejas Parmar and 3 more are mutual person
Gujarat Green Revolution Company Limited
Active 25 years 5 months Jai Shivahare and Herin Kothari are mutual person
Recent activity within the organization
Director Appointment
Shubhadeep Sen was appointed as a Cfo was appointed as a Cfo on 11 Mar 2024 & has been associated with this company since 2 months 9 days .
11 Mar 2024Director Appointment
Vinay Kumar was appointed as a Director was appointed as a Director on 06 Feb 2024 & has been associated with this company since 3 months 12 days .
06 Feb 2024Director Appointment
Naran Manji Pindoriya was appointed as a Director was appointed as a Director on 06 Feb 2024 & has been associated with this company since 3 months 12 days .
06 Feb 2024Annual General Meeting
Gujarat State Electricity Corporation Limited last Annual general meeting of members was held on 26 Dec 2023 as per latest MCA records.
26 Dec 2023Director Appointment
Tejas Dilipkumar Parmar was appointed as a Director was appointed as a Director on 26 Dec 2023 & has been associated with this company since 4 months 24 days .
26 Dec 2023
Recent News, Updates & Announcement
NHPC bags 200 MW solar project in Khavda Renewable Energy Park in Gujarat.B2BCHIEF 15 Mar 2024
- BHEL Floats O038M Tender for a 100 MW Solar Project in Gujarat.
Mercomindia 23 Mar 2023
- BHEL Secures 800 Crore Orders Reaches 1 GW Mark in Solar Energy Capacity with NTPC and GSECL as New Clients.
BHEL wins 2 orders worth 800 crore for 200 MW solar energy capacity reaching 1 GW mark NTPC and GSECL are clients BHEL offers EPC solutions for SPV plants in India 500 MW already commissioned Manufacturing lines and spacegrade panels and batteries in Bengaluru BHEL be like We got 2 big orders now were at 1 GW mark NTPC and GSECL are our new clients We make SPV plants in India 500 MW already done We make panels and batteries in Bengaluru Winning SolarPower BHEL.
mint 16 Jun 2019
Frequently asked questions
What is the Incorporation or founding date of Gujarat State Electricity Corporation Limited?
