About Korba Power Limited
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Korba Power Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ramanagaram Enterprises Private Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 22 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40109GJ2001PLC162740. Its GSTIN is 22AACCK0633Q2ZJ (Chattisgarh). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6,000 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Lanco Amarkantak Power Limited and K. V. K. Energy Pvt Ltd. It is led by directors including Samir Kumar Mitra (Whole-Time Director) and Sunil Sheshmal Tokarawat.
Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,551.67 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹353.5 Cr (net margin 22.8%) and EBITDA of ₹601.5 Cr (EBITDA margin 38.8%).
The company has about 491 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lanco Infratech. As per MCA filings, the company has open charges of ₹1,800 Cr and satisfied charges of ₹30,379 Cr on record. Court records list 76 cases involving the company, including 36 filed by the company and 42 filed against it; 16 cases are pending. The company has 47 deals on record (28 funding rounds, 16 secondary share transfers, 2 rights issues), with disclosed funding of ₹1,164.21 Cr; the latest was in September 2024. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lancogroup.com.
Company details
Name history
Korba Power has undergone 4 name changes throughout its history. The current legal name is Korba Power Limited.
| Company Name | Status |
|---|---|
| Korba Power Limited | Current |
| Lanco Amarkantak Power Limited | Previous |
| K. V. K. Energy Pvt Ltd | Previous |
| Lanco Power Limited | Previous |
| Lanco Amarkantak Power Private Limited | Previous |
CIN history
Korba Power has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40109GJ2001PLC162740, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109GJ2001PLC162740 | Current |
| U40109AP2001PLC036265 | Previous |
| U40109AP2001PTC036265 | Previous |
| U40109TG2001PLC036265 | Previous |
Contact details
Korba Power Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressAdani Corporate House Shantigram, Near Vaishno Devi Circle S.G. Highway, Ahmedabad, Gujarat, India – 382421
- IndustryEnergy and Power, Thermal Power Generation & Plants
- 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
Brands
Korba Power operates one associated brand: Lanco Infratech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multinational conglomerate with diverse interests in industries such as heavy equipment, construction, and power generation | lancogroup.com |
Business activity
The main business activity of Korba Power is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Korba Power Limited, buy the company report.
Financials of Korba Power Limited
FY 2025 filings availableKorba Power Limited reported revenue of ₹1,551.67 Cr (up 25% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA rose 111% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹601.5 Cr | ||||
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| Net Profit (PAT) | ₹353.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.8% | ||||
| Net Profit Margin | 22.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Korba Power Limited, buy the company report.
Board of directors of Korba Power Limited
Korba Power has 4 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Kumar Mitra | Whole-Time Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Sunil Sheshmal Tokarawat Also directs: Mahan Energen Limited, Adani Power Dahej Limited, Kutchh Power Generation Limited and 2 more | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Sushama Ashvin Oza Also directs: Mahan Energen Limited, Wardha Solar (Maharashtra) Limited, Adani Renewable Energy (RJ) Limited and 5 more | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Kanti Biswas Also directs: Vidarbha Industries Power Limited, Moxie Power Generation Limited, Mahan Energen Limited and 4 more | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2025 | 101055151 | Sbicap Trustee Company Limited | ₹1,800 Cr | Open | |
| 03 May 2018 | 100175594 | Others | ₹574.38 Cr | Satisfied | |
| 27 Mar 2018 | 100164307 | Others | ₹280 Cr | Satisfied | |
| 21 Sep 2017 | 100153076 | Others | ₹125 Cr | Satisfied | |
| 25 May 2016 | 100028292 | Others | ₹79 Cr | Satisfied |
To see the full charge records of Korba Power Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Korba Power Limited has 47 deals on record (28 funding rounds, 16 secondary share transfers, 2 rights issues), with disclosed funding of ₹1,164.21 Cr; the latest was in September 2024.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Acquisition | ₹90 Lakh | Buyer: Adani Power Limited |
| Sep 2024 | Funding round | ₹10 Lakh | Investors: Adani Power Limited , Adani Power Limited & Dilip Kumar Jha, Adani Power Limited & Rajiv Rustagi |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Energin Ventures Private Limited Seller: Lanco Infratech Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Ramanagaram Enterprises Private Limited Seller: Lanco Infratech Limited |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Ramanagaram Enterprises Private Limited Seller: Lanco Infratech Limited |
To see the full deal history of Korba Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Korba Power Limited has 76 court cases on record: 36 filed by Korba Power, 42 filed against it. 16 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 14 | 6 |
| District courts | 19 | 8 | 2 |
| Supreme Court | 17 | 12 | 7 |
| NCLT | 8 | 6 | 0 |
| NCLAT | 4 | 2 | 1 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Chhattisgarh State Power Distribution Company Ltd and 1 other | Pending |
| Supreme Court | Appeal | Filed against the company by Chhattisgarh State Power Distribution Company Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by KRS Erectors Private Limited and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Hindustan Petroleum Corporation Ltd. and 1 other | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against M/S Haryana Power Generation Corporation Ltd. Managing Director Urja Bhawan, C-7, Sector 6, Hpgcl, ,Panchkula * , Haryana and 5 others | Pending |
To see the full case history of Korba Power 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.
Credit ratings & regulatory alerts
Korba Power Limited was last rated by Brickwork on 14 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 14 Oct 2019 |
To see the full credit ratings and regulatory alerts of Korba Power Limited, buy the company report.
MSME payment delays
Korba Power Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tenon Facility Management India Private Limited | |||
| Precision Engineering | |||
| an individual supplier | |||
| an individual supplier | |||
| Hach Ott India Private Limited |
To see the full MSME payment records of Korba Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Korba Power has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCK0633Q2ZJ | Chattisgarh | Active | 27 Apr 2020 |
To see the full GST registrations and return filing status of Korba Power Limited, buy the company report.
Recent activity
Korba Power Limited has 32 board changes on record since 2007: 4 appointments and 28 cessations. The latest: Kanti Biswas ceased to be Additional Director on 24 Jun 2025.
77 earlier events are in the company report.
News
Frequently asked questions
Korba Power is an active public limited company based in Ahmedabad, Gujarat, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 22 February 2001 (25+ years old) and is registered under CIN U40109GJ2001PLC162740.
Korba Power has 4 current directors:
- Samir Kumar Mitra - Whole-Time Director
- Sunil Sheshmal Tokarawat - Director
- Sushama Ashvin Oza - Director
- Kanti Biswas - Director
The latest financial statements of Korba Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Korba Power is 22AACCK0633Q2ZJ, registered in Chattisgarh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Korba Power is U40109GJ2001PLC162740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korba Power has 76 court cases on record: 36 filed by the company and 42 filed against it. 16 are pending. Most are in the high courts.
Korba Power was incorporated on 22 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Korba Power has 47 deals on record (28 funding rounds, 16 secondary share transfers, 2 rights issues), with disclosed funding of ₹1,164.21 Cr; the latest was in September 2024.
Kanti Biswas ceased to be Additional Director on 24 Jun 2025. Sunil Sheshmal Tokarawat ceased to be Additional Director on 24 Jun 2025. Sushama Ashvin Oza ceased to be Additional Director on 24 Jun 2025. Korba Power has 32 board changes on record in total.
Korba Power has 2 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Sep 2020.
Korba Power can be reached through the website lancogroup.com. Its registered office is in Ahmedabad, Gujarat, India.