About Madhya Pradesh Power Generating Company Limited
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Madhya Pradesh Power Generating Company Limited is a public limited state government company based in Jabalpur, Madhya Pradesh, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 22 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40109MP2001SGC014882. Its GSTIN is 23AADCM4472A1ZZ (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹7,517.38 Cr. It was formerly known as M. P. Power Generating Co. Ltd. It is led by directors including Manjeet Singh (Managing Director) and Subodh Nigam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shakti Bhawan Ram Pur, Jabalpur, Madhya Pradesh, India – 482008.
As per the financials filed for FY 2024, the company reported a revenue of ₹12,952 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹344.1 Cr (net margin 2.7%) and EBITDA of ₹2,979.23 Cr (EBITDA margin 23%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹47,694 Cr and satisfied charges of ₹457.21 Cr on record. Court records list 357 cases involving the company, including 94 filed by the company and 266 filed against it; 94 cases are pending. The company has 18 deals on record (9 secondary share transfers, 5 rights issues, 4 funding rounds), with disclosed funding of ₹3,024.56 Cr; the latest was in January 2024. Its 9 peer companies in the Cleantech industry (Hydro Power, Solar Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 5 smaller; the largest is Jindal Power Limited with revenue of ₹17,338 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mppgcl.mp.gov.in.
Company details
Contact details
Madhya Pradesh Power Generating Company Limited's registered office is in Jabalpur, Madhya Pradesh. Its website is mppgcl.mp.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShakti Bhawan Ram Pur, Jabalpur, Madhya Pradesh, India – 482008
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Madhya Pradesh Power Generating Company Limited, buy the company report.
- 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
Business activity
The main business activity of Madhya Pradesh Power Generating Company is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Madhya Pradesh Power Generating Company Limited, buy the company report.
Financials of Madhya Pradesh Power Generating Company Limited
FY 2025 filings availableMadhya Pradesh Power Generating Company Limited reported revenue of ₹12,952 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 14% growth in the latest year. EBITDA rose 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹12,952 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹2,979.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹344.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Madhya Pradesh Power Generating Company Limited, buy the company report.
Board of directors of Madhya Pradesh Power Generating Company Limited
Madhya Pradesh Power Generating Company has 10 current directors and 59 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjeet Singh | Managing Director | 28 Nov 2015 | 10 Years 11 Months | Current |
| Lokesh Kumar Jatav | Nominee Director | 10 Jun 2024 | 2 Years 4 Months | Current |
| Vishesh Garhpale | Nominee Director | 27 Nov 2025 | 0 Years 11 Months | Current |
| Divya Dave Jain | Nominee Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Manish Singh | Nominee Director | 03 Aug 2026 | 0 Years 2 Months | Current |
| Umesh Prasad Pani Also directs: Talpuri Social Foundation | Director | 08 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Madhya Pradesh Power Generating Company Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Hydro Power, Solar Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Power Limited | ₹17,338 Cr (FY 2025) | 7.0% | Tamnar, Chhattisgarh, India | |||
| Telangana Power Generation Corporation Limited | ₹16,706 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Solar Energy Corporation of India Limited | ₹15,286 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Karnataka Power Corporation Limited | ₹14,854 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Madhya Pradesh Power Generating Company Limitedthis company | ₹12,952 Cr (FY 2024) | ₹344.1 Cr | 2.7% | 14.0% | Jabalpur, Madhya Pradesh, India | |
| JSW Energy Limited | ₹12,639 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Adani Green Energy Limited | ₹12,422 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| The West Bengal Power Development Corporation Limited | ₹11,872 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| NHPC Limited | ₹11,729 Cr (FY 2025) | 7.0% | Haryana, India | |||
| Adani Power Maharashtra Limited | ₹10,113 Cr (FY 2022) | -9.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Madhya Pradesh Power Generating Company Limited, buy the company report.
Auditor
Madhya Pradesh Power Generating Company Limited is audited by KPRK & associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPRK & associates LLP | FY 2024 | 103051W |
Shareholding
The shareholding of Madhya Pradesh Power Generating Company Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madhya Pradesh Power Generating Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2026 | 101362923 | State Bank of India | ₹2,000 Cr | Open | |
| 06 Feb 2026 | 101235049 | State Bank of India | ₹325.19 Cr | Open | |
| 15 Jan 2026 | 101232085 | State Bank of India | ₹400 Cr | Open | |
| 29 Sep 2025 | 101221878 | Others | ₹5,605.79 Cr | Open | |
| 29 Sep 2025 | 101221954 | Others | ₹5,508.62 Cr | Open |
To see the full charge records of Madhya Pradesh Power Generating Company Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Madhya Pradesh Power Generating Company Limited has 18 deals on record (9 secondary share transfers, 5 rights issues, 4 funding rounds), with disclosed funding of ₹3,024.56 Cr; the latest was in January 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2023 | Rights issue | ₹275.87 Cr | Investors: an individual |
| Nov 2020 | Rights issue | ₹210 Cr | Investors: an individual |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Madhya Pradesh Power Generating Company 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
Madhya Pradesh Power Generating Company Limited has 357 court cases on record: 94 filed by Madhya Pradesh Power Generating Company, 266 filed against it. 94 cases are pending and 263 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 299 | 235 | 79 |
| District courts | 31 | 15 | 12 |
| Supreme Court | 25 | 14 | 1 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 357)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4602-Tenders/licenses/leases : Tenders/licenses/leases invited by the State Governments/ local bodies/ State public sector undertakings,including cancellation/award of tenders.) | Filed against the company by Rukhmai Infrastructure Pvt. Ltd | Disposed |
| Supreme Court | Court case (4602-Tenders/licenses/leases : Tenders/licenses/leases invited by the State Governments/ local bodies/ State public sector undertakings,including cancellation/award of tenders.) | Filed against the company by Rukhmai Infrastructure Pvt Ltd | Disposed |
| Supreme Court | Court case (4304-Service Laws : Retiral benefits, pension) | Filed against the company by Madhya Pradesh Purv Kshetra Vidyut Vitran Company Ltd. | Disposed |
| Supreme Court | Court case (4602-Tenders/licenses/leases : Tenders/licenses/leases invited by the State Governments/ local bodies/ State public sector undertakings,including cancellation/award of tenders.) | Filed against the company by Vedvyas Logistics Pvt. Ltd | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Avinash Singh | Pending |
To see the full case history of Madhya Pradesh Power Generating Company 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
Madhya Pradesh Power Generating Company Limited was last rated by Care on 29 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Dec 2020 |
To see the full credit ratings and regulatory alerts of Madhya Pradesh Power Generating Company Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhya Pradesh Power Generating Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Madhya Pradesh Power Generating Company has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shri Singaji Power Project Limited | U40100MP2011SGC026925 |
To see the full group structure of Madhya Pradesh Power Generating Company Limited, buy the company report.
GST
Madhya Pradesh Power Generating Company has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCM4472A1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AADCM4472A1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhya Pradesh Power Generating Company Limited, buy the company report.
Recent activity
Madhya Pradesh Power Generating Company Limited has 68 board changes on record since 2007: 10 appointments and 58 cessations. The latest: Manish Singh was appointed as Nominee Director on 03 Aug 2026.
92 earlier events are in the company report.
Frequently asked questions
Madhya Pradesh Power Generating Company is an active public limited state government company based in Jabalpur, Madhya Pradesh, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 22 November 2001 (25+ years old) and is registered under CIN U40109MP2001SGC014882.
Madhya Pradesh Power Generating Company has 10 current directors:
- Manjeet Singh - Managing Director
- Subodh Nigam - Whole-Time Director
- Milind Bhandakkar - Whole-Time Director
- Lokesh Kumar Jatav - Nominee Director
- Vishesh Garhpale - Nominee Director
- Divya Dave Jain - Nominee Director
- Manish Singh - Nominee Director
- Umesh Prasad Pani - Director
- Mahendra Kumar Dube - Director
- Chandra Prakash Gupta - Director
The latest financial statements of Madhya Pradesh Power Generating Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhya Pradesh Power Generating Company is 23AADCM4472A1ZZ, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCM4472A1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Madhya Pradesh Power Generating Company is U40109MP2001SGC014882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhya Pradesh Power Generating Company has 357 court cases on record: 94 filed by the company and 266 filed against it. 94 are pending. Most are in the high courts.
Madhya Pradesh Power Generating Company was incorporated on 22 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Gwalior.
Madhya Pradesh Power Generating Company has 18 deals on record (9 secondary share transfers, 5 rights issues, 4 funding rounds), with disclosed funding of ₹3,024.56 Cr; the latest was in January 2024.
The peers of Madhya Pradesh Power Generating Company by revenue are Jindal Power Limited, Telangana Power Generation Corporation Limited, Solar Energy Corporation of India Limited, Karnataka Power Corporation Limited, JSW Energy Limited and 4 more, all in the Cleantech industry (Hydro Power, Solar Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Manish Singh was appointed as Nominee Director on 03 Aug 2026. Avinash Lavania ceased to be Nominee Director on 27 Nov 2025. Vishesh Garhpale was appointed as Nominee Director on 27 Nov 2025. Madhya Pradesh Power Generating Company has 68 board changes on record in total.
Madhya Pradesh Power Generating Company can be reached through the website mppgcl.mp.gov.in. Its registered office is in Jabalpur, Madhya Pradesh, India.