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About
Basic Data Updated:
15 days agoThe advanced stage of implementation of the 1,050 MW pit-head coal based Thermal Power Project at Angul, Odisha is being undertaken by Monnet Power Company Limited. The project was initiated in June 2009 with the award of the BTG package to BHEL. According to a credit rating report, MPCL has entered into a 25-year power purchase agreement with PTC India Ltd for approximately 42% of the total generation. Additionally, the company has also secured another 25-year power purchase agreement with PTC India for approximately 21% of the power generated, which will be sold on a short/medium term basis at a guaranteed tariff. MPCL is a subsidiary of Monnet Ispat & Energy Limited.
Industry
Company Details
- Location
Raipur, Chattisgarh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U01403CT2007PLC020179 |
| Company No. | 020179 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 29 Jan 2007 |
| Date of AGM | 28 Sep 2017 |
| Date of Balance Sheet | 31 Mar 2017 |
| Listing Status | Unlisted |
| ROC Code | Roc Chhattisgarh |
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Financials of Monnet Power Company Limited
Monnet Power Company Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 7.84% decrease. The company also saw a substantial improvement in profitability, with a 77.25% increase in profit. The company's net worth dipped by a decrease of 3.1%.
Corporate Structure
Unlock access to Monnet Power Company'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 Monnet Power Company Limited
Unlock and access historical data on people associated with Monnet Power Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
SG
Sapan Goyal
CFOAppointment Date: 09-Dec-2016
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Mar 2015 | ₹200.00 Cr | Open |
Il & Fs Trust Company Limited Creation Date: 08 Jul 2013 | ₹350.00 Cr | Open |
Axis Bank Limited Creation Date: 26 Mar 2013 | ₹200.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Monnet Power Company, 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 Monnet Power Company's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
45 years 10 months 
Recent activity within the organization
Charges
A charge with Others of Rs. 3,819.00 cr registered on 03 Nov 2010 with Charge ID 10250901 was modified on 16 Dec 2022.
16 Dec 2022Charges
A charge with Others of Rs. 200.00 cr registered on 25 Mar 2015 with Charge ID 10560262 was modified on 24 Aug 2018.
24 Aug 2018Annual General Meeting
Monnet Power Company Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.
28 Sep 2017Balance Sheet
Monnet Power Company Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chhattisgarh.
31 Mar 2017Director Appointment
Sapan Goyal was appointed as a Cfo was appointed as a Cfo on 09 Dec 2016 & has been associated with this company since 7 years 5 months .
09 Dec 2016
Recent News, Updates & Announcement
Monnet Ispat stake sale likely by Marchend says chairman.VCCircle 23 Feb 2017
- Monnet Ispats Board Meeting Outcome A Win for BSE Fam on Feb 14 2017.
When you finally get to share the good news with your BSE fam about Monnet Ispats Board Meeting outcome on Feb 14 2017 winning BSE MonnetIspat BoardMeeting Feb14 humblebrag.
Moneycontrol 14 Feb 2017
- Sandeep Jajodia appointed Assocham President.
Moneycontrol 13 Feb 2017
- Monnet Ispat lenders restart stake sale process.
Deal Street Asia 06 Jan 2017
- JSW Energy eyes Monnet Powers unit JP Morgan arm invests in Assetz.
Deal Street Asia 09 Dec 2016
Frequently asked questions
What is the Incorporation or founding date of Monnet Power Company Limited?
