About North Eastern Electric Power Corporation Limited
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North Eastern Electric Power Corporation Limited is a public limited union government company based in Shillong, Meghalaya, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 02 April 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U40101ML1976GOI001658. Its GSTIN is 17AAACN9991J1ZT (Meghalaya). The company holds 24 GST registrations, of which 19 are active.
The company has an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹3,609.81 Cr. It was formerly known as North Eastern Electric Power Corpn P Ltd and North Eastern Electric Power Corpn Private Ltd. It is led by directors including Gurdeep Singh (Managing Director) and Rajesh Kumar Jha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Brookland Compound Lower New Colony Dist.East Khasi Hills, Shillong, Meghalaya, India – 793003.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,341.87 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹584.68 Cr (net margin 13.5%) and EBITDA of ₹2,086.67 Cr (EBITDA margin 48.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
The company has about 2,687 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neepco. As per MCA filings, the company has open charges of ₹4,950 Cr and satisfied charges of ₹13,317 Cr on record. Court records list 497 cases involving the company, including 197 filed by the company and 304 filed against it; 54 cases are pending. The company has 9 deals on record (5 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹1,108.47 Cr; the latest was in March 2020. Its 5 peer companies in the Cleantech industry (Biofuel and Biomass, Hydro Power, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 4 smaller; the largest is Madhav Solar Private Limited with revenue of ₹4,554.3 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 9 overdue payments to 6 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 neepco.co.in.
Company details
Name history
North Eastern Electric Power Corporation has undergone 2 name changes throughout its history. The company was previously known as North Eastern Electric Power Corpn P Ltd, and North Eastern Electric Power Corpn Private Ltd. The current legal name is North Eastern Electric Power Corporation Limited.
| Company Name | Status |
|---|---|
| North Eastern Electric Power Corporation Limited | Current |
| North Eastern Electric Power Corpn P Ltd | Previous |
| North Eastern Electric Power Corpn Private Ltd | Previous |
CIN history
North Eastern Electric Power Corporation has one previous CIN (Corporate Identification Number): U40101ML1976PTC001658. The current CIN is U40101ML1976GOI001658, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101ML1976GOI001658 | Current |
| U40101ML1976PTC001658 | Previous |
Contact details
North Eastern Electric Power Corporation Limited's registered office is in Shillong, Meghalaya. Its website is neepco.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBrookland Compound Lower New Colony Dist.East Khasi Hills, Shillong, Meghalaya, India – 793003
- IndustryEnvironment, Hydroelectric Power Solutions, Solar Energy Solutions
To see the full contact details of North Eastern Electric Power Corporation 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
Brands
North Eastern Electric Power Corporation operates one associated brand: NEEPCO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Driveline services for hydro and thermal power stations are supplied. | neepco.co.in |
Business activity
The main business activity of North Eastern Electric Power Corporation 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 North Eastern Electric Power Corporation Limited, buy the company report.
Financials of North Eastern Electric Power Corporation Limited
FY 2025 filings availableNorth Eastern Electric Power Corporation Limited reported revenue of ₹4,341.87 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 2% growth in the latest year. EBITDA rose 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2,086.67 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹584.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.1% | ||||
| Net Profit Margin | 13.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of North Eastern Electric Power Corporation Limited, buy the company report.
Board of directors of North Eastern Electric Power Corporation Limited
North Eastern Electric Power Corporation has 8 current directors and 75 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Jha | Whole-Time Director | 25 Sep 2023 | 3 Years 1 Months | Current |
| Virendra Malik Also directs: THDC India Limited, NTPC Mining Limited, Hindustan Urvarak & Rasayan Limited and 3 more | Nominee Director | 31 Jul 2024 | 2 Years 3 Months | Current |
| Baidyanath Maharana | Whole-Time Director | 10 Sep 2021 | 5 Years 1 Months | Current |
| Piyush Surendrapal Singh Also directs: THDC India Limited | Nominee Director | 20 Feb 2024 | 2 Years 8 Months | Current |
| Ranendra Sarma | Whole-Time Director | 18 Apr 2023 | 3 Years 6 Months | Current |
| Lakhanlal Sahu | Director | 18 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
North Eastern Electric Power Corporation Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass, Hydro Power, Solar Power), 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 |
|---|---|---|---|---|---|---|
| Madhav Solar Private Limited | ₹4,554.3 Cr (FY 2025) | 32293.0% | Ahmedabad, Gujarat, India | |||
| North Eastern Electric Power Corporation Limitedthis company | ₹4,341.87 Cr (FY 2025) | ₹584.68 Cr | 13.5% | 2.0% | 2,687 | Shillong, Meghalaya, India |
| JSW Neo Energy Limited | ₹4,012.2 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Adani Green Energy Twenty Three Limited | ₹3,445 Cr (FY 2025) | -8.0% | Ahmedabad, Gujarat, India | |||
| Essel Mining & Industries Ltd. | ₹3,429.39 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| SJVN Limited | ₹3,376.5 Cr (FY 2025) | 17.0% | Shimla, Himachal Pradesh, India |
To see the full peer comparison of North Eastern Electric Power Corporation Limited, buy the company report.
Auditor
North Eastern Electric Power Corporation Limited is audited by LK KEJRIWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LK KEJRIWAL & CO | FY 2023 | 001368C |
Shareholding
The shareholding of North Eastern Electric Power Corporation Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of North Eastern Electric Power Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100853697 | Axis Bank Limited | ₹750 Cr | Open | |
| 26 Sep 2022 | 100616670 | Hdfc Bank Limited | ₹500 Cr | Open | |
| 06 Oct 2021 | 100487166 | State Bank of India | ₹1,000 Cr | Open | |
| 28 Sep 2020 | 100378333 | Others | ₹850 Cr | Open | |
| 07 Sep 2020 | 100394348 | Others | ₹500 Cr | Open |
To see the full charge records of North Eastern Electric Power Corporation Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
North Eastern Electric Power Corporation Limited has 9 deals on record (5 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹1,108.47 Cr; the latest was in March 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: NTPC Limited Seller: President of India, 3 individuals |
| Apr 2018 | Rights issue | ₹157 Cr | Investors: President of India |
| Aug 2015 | Rights issue | ₹26.7 Cr | Investors: President of India |
| May 2014 | Rights issue | ₹63.2 Cr | Investors: President of India |
| Nov 2012 | Funding round | ₹70.69 Cr | Investors: President of India |
To see the full deal history of North Eastern Electric Power Corporation 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
North Eastern Electric Power Corporation Limited has 497 court cases on record: 197 filed by North Eastern Electric Power Corporation, 304 filed against it. 54 cases are pending and 443 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 263 | 177 | 19 |
| District courts | 197 | 100 | 28 |
| Supreme Court | 37 | 27 | 7 |
Cases on record (5 of 497)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East Khasi Hills, Meghalaya | Commercial matter | Filed against the company by Bhagheeratha Engineering Ltd | Pending |
| High Court of Meghalaya | Arbitration matter | Filed by the company against M/S. Patel Engineering Limited | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against KSK Electricity Financing India Pvt. Ltd. | Pending |
| Gauhati High Court | Writ petition | Filed by the company against Reliance Nu Suntech One Private Limited and 1 other | Pending |
| Supreme Court | Appeal | Filed by the company against Tripura State Electricity Corporation Limited | Pending |
To see the full case history of North Eastern Electric Power Corporation 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
North Eastern Electric Power Corporation Limited was last rated by Care on 04 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jul 2022 |
To see the full credit ratings and regulatory alerts of North Eastern Electric Power Corporation Limited, buy the company report.
MSME payment delays
North Eastern Electric Power Corporation Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 9 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kar Builders Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of North Eastern Electric Power Corporation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
North Eastern Electric Power Corporation has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
North Eastern Electric Power Corporation Limited has a workforce of 2,687 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
North Eastern Electric Power Corporation has 24 GST registrations: 19 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17AAACN9991J1ZT | Meghalaya | Active | 01 Jul 2017 |
| 07AAACN9991J1ZU | Delhi | Active | 01 Jul 2017 |
| 12AAACN9991J1Z3 | Arunachal Pradesh | Active | 01 Jul 2017 |
| 13AAACN9991J1Z1 | Nagaland | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of North Eastern Electric Power Corporation Limited, buy the company report.
Recent activity
North Eastern Electric Power Corporation Limited has 82 board changes on record since 2007: 8 appointments and 74 cessations. The latest: Goutam Deb ceased to be Nominee Director on 31 Dec 2025.
164 earlier events are in the company report.
News
Frequently asked questions
North Eastern Electric Power Corporation is an active public limited union government company based in Shillong, Meghalaya, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 02 April 1976 (50+ years old) and is registered under CIN U40101ML1976GOI001658.
North Eastern Electric Power Corporation has 8 current directors:
- Gurdeep Singh - Managing Director
- Rajesh Kumar Jha - Whole-Time Director
- Baidyanath Maharana - Whole-Time Director
- Ranendra Sarma - Whole-Time Director
- Virendra Malik - Nominee Director
- Piyush Surendrapal Singh - Nominee Director
- Lakhanlal Sahu - Director
- Bimal Chand Oswal - Director
The latest financial statements of North Eastern Electric Power Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of North Eastern Electric Power Corporation is 17AAACN9991J1ZT, registered in Meghalaya. The company has 24 GST registrations in all, of which 19 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACN9991J1ZU (Delhi), 12AAACN9991J1Z3 (Arunachal Pradesh), 13AAACN9991J1Z1 (Nagaland).
The CIN (Corporate Identification Number) of North Eastern Electric Power Corporation is U40101ML1976GOI001658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Eastern Electric Power Corporation has 497 court cases on record: 197 filed by the company and 304 filed against it. 54 are pending. Most are in the high courts.
North Eastern Electric Power Corporation was incorporated on 02 April 1976, making it 50+ years old. It is registered with the Registrar of Companies, Guwahati.
North Eastern Electric Power Corporation has 9 deals on record (5 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹1,108.47 Cr; the latest was in March 2020.
The peers of North Eastern Electric Power Corporation by revenue are Madhav Solar Private Limited, JSW Neo Energy Limited, Adani Green Energy Twenty Three Limited, Essel Mining & Industries Ltd, SJVN Limited, all in the Cleantech industry (Biofuel and Biomass, Hydro Power, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Goutam Deb ceased to be Nominee Director on 31 Dec 2025. Lakhanlal Sahu ceased to be Additional Director on 14 Sep 2025. Kshanmugha Sundaram ceased to be Nominee Director on 25 Apr 2025. North Eastern Electric Power Corporation has 82 board changes on record in total.
North Eastern Electric Power Corporation has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 9 overdue payments to 6 micro and small suppliers. The latest return was filed on 01 Nov 2019.
North Eastern Electric Power Corporation can be reached through the website neepco.co.in. Its registered office is in Shillong, Meghalaya, India.
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