Himachal Pradesh Power Corporation Limited - Company Profile

It is a infrastructure and utilities private limited state government company based in Shimla, Himachal Pradesh, India, established in 2006.

2006 Shimla, Himachal Pradesh, India Active

Last Updated: February 25, 2026

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About Himachal Pradesh Power Corporation Limited

Himachal Pradesh Power Corporation Limited, a active private limited state government company, was established on 18 December 2006 in Shimla, Himachal Pradesh, India. Engaging in power infrastructure & energy projects within the electricity, gas, steam and air condition supply sector, it holds CIN: U40101HP2006SGC030591. Registered under ROC Roc Himachal Pradesh. it is unlisted. It has an authorized capital of ₹2,500.00 Cr and a paid-up capital of ₹2,421.73 Cr.

Formerly known as Hppc Ltd. It upholds a compliant status. Employing 413 professional, Its leadership includes Abid Hussain Sadiq Bhat (Managing Director), Surender Kumar (Whole-Time Director), Devesh Kumar (Nominee Director). Past directors included Ravi Dhingra, Sushil Kumar Bhim Sen Negi, Anil Kumar Dutta. It holds ₹600.00 Cr open charges and ₹653.00 Cr settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2024. It is based at Himfed Building, Bcs, New Shimla, Shimla, Himachal Pradesh, 171009.

Company Details

CIN/LLPIN
U40101HP2006SGC030591
Registration Number
030591
Incorporation Date
18 December 2006
Authorized Capital
₹2,500.00 Cr
Paid-Up Capital
₹2,421.73 Cr
ROC Code
Roc Himachal Pradesh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2,500.00 Cr as on 25-02-2026
Paid Up Capital ₹ 2,421.73 Cr as on 25-02-2026
Company Age 19 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 600.00 Cr as on 25-02-2026
Satisfied Charges ₹ 653.00 Cr as on 25-02-2026
Revenue Growth **** -13.72% (FY 2021)
Profit Growth **** -56.53% (FY 2021)
Ebitda **** -30.89% (FY 2021)
Net Worth -10.64% (FY 2021)
Total Assets **** 16.96% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Himachal Pradesh Power Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Himachal Pradesh Power Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Abid Hussain Sadiq Bhat	Managing Director	30 Apr 2025	Current
Surender Kumar	Whole-Time Director	22 Jul 2021	Current
Devesh Kumar	Nominee Director	20 Oct 2023	Current
Rakesh Kanwar	Nominee Director	21 Aug 2024	Current
Sanjay Gupta	Nominee Director	13 Feb 2024	Current
Naresh Thakur	Whole-Time Director	08 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	20 Jun 2008	Past
Pramod Abcsdd	Nominee Director	30 Sep 2015	Past
Pramod Abcsdd	Nominee Director	19 Mar 2011	Past
Pramod Abcsdd	Director	05 Aug 2021	Past
Pramod Abcsdd	Director	22 Jan 2008	Past
Pramod Abcsdd	Nominee Director	28 Dec 2012	Past

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Financial Performance of Himachal Pradesh Power Corporation.

Himachal Pradesh Power Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.72% decrease. The company also saw a substantial fall in profitability, with a 56.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.64%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-13.72%

*******

Revenue from Operations

*******

-16.52%

*******

Total Assets

*******

16.96%

*******

Profit or Loss

*******

-56.53%

*******

Net Worth

*******

-10.64%

*******

EBITDA

*******

-30.89%

*******

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What is the Ownership and Shareholding Structure of Himachal Pradesh Power Corporation?

In 2023, Himachal Pradesh Power Corporation had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹6,000,000,000.00

Satisfied Charges

₹6,530,000,000.00

Charges Breakdown by Lending Institutions

Others : 400.00 Cr
Uco Bank : 200.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Mar 2021	Others	₹200.00 Cr	Open
13 Jul 2020	Others	₹200.00 Cr	Open
14 Jan 2019	Uco Bank	₹200.00 Cr	Open
13 Jan 2011	Power Finance Corporation Limited	₹200.00 Cr	Satisfied
05 Mar 2007	Power Finance Corporation Limited	₹453.00 Cr	Satisfied

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How Many Employees Work at Himachal Pradesh Power Corporation?

Himachal Pradesh Power Corporation has a workforce of 413 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Himachal Pradesh Power 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 Himachal Pradesh Power 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.

Alerts

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.

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Latest Updates, News, and FAQs on Himachal Pradesh Power Corporation

Recent Activity within the Organization

Director Appointment

Progress on Aditya Negi was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jan 2026 & has been associated with this company since 1 month 2 days . was documented.
27 Jan 2026
Annual General Meeting

Progress on Himachal Pradesh Power Corporation Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was documented.
27 Sep 2025
Director Appointment

Progress on Maneesh Mahajan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Jun 2025 & has been associated with this company since 8 months 5 days . was documented.
26 Jun 2025
Director Appointment

The activity Abid Hussain Sadiq Bhat was appointed as a Managing Director was appointed as a Managing Director on 30 Apr 2025 & has been associated with this company since 10 months 1 day . was completed.
30 Apr 2025
Director Appointment

The activity Naresh Thakur was appointed as a Whole-time director was appointed as a Whole-time director on 08 Apr 2025 & has been associated with this company since 10 months 23 days . was completed.
08 Apr 2025
Director Appointment

Progress on Rakesh Kanwar was appointed as a Nominee Director was appointed as a Nominee Director on 21 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
21 Aug 2024

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