About
Basic Data Updated:
1 month agoThe business of power trading is carried out by NTPC Vidyut Vyapar Nigam Limited. The company's focus lies in short term, medium term, and long term power trading, as well as solar bundled power, cross border power trading, power swap arrangement, and trading of power and REC on IEX. NVVNL's customers include power utilities, solar power developers, IPPs, CPPs, and industrial consumers. In total, the company trades 9,322 MUs of electricity to state electricity boards and supplies 4,390 MUs of bundled power, including 913 MUs of solar power, to Discoms and utilities in various states such as Punjab, Uttar Pradesh, Odisha, West Bengal, Karnataka, Rajasthan, Andhra Pradesh, Tamil Nadu, Maharashtra, Assam, and DVC. An agreement has been signed by NVVNL with Bangladesh (BPDB) for the supply of 250 MW power for a period of 25 years from various central generating stations of NTPC. This partnership will not only benefit both parties involved, but also contribute towards the growth and development of the power sector in the region.
Industry
Company Details
- Location
Central Delhi, Delhi, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U40108DL2002GOI117584 |
| Company No. | 117584 |
| Company Classification | Public Limited Union Government Company |
| Incorporation Date | 01 Nov 2002 |
| Date of AGM | 21 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Delhi |
Financials of Ntpc Vidyut Vyapar Nigam Limited
Ntpc Vidyut Vyapar Nigam Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.69% decrease. The company also saw a substantial improvement in profitability, with a 63.28% increase in profit. The company's net worth Soared by an impressive increase of 27.19%.
Corporate Structure
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People in Ntpc Vidyut Vyapar Nigam Limited
Unlock and access historical data on people associated with Ntpc Vidyut Vyapar Nigam, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
NM
Nitin Mehra
Company SecretaryAppointment Date: 16-Aug-2005
Status: Current
RN
Renu Narang CEOAppointment Date: 24-Jun-2023
Status: Current
Board Members(4)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 10 Oct 2006 | ₹1,400.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Ntpc-Sail Power Company Limited
Active
25 years 3 months Dillip Patel and Rachana Bhal are mutual person
Recent activity within the organization
Director Appointment
Shivam Srivastav was appointed as a Additional Director was appointed as a Additional Director on 27 Feb 2024 & has been associated with this company since 3 months 3 days .
27 Feb 2024Charges
A charge with State Bank Of India of Rs. 1,400.00 cr registered on 10 Oct 2006 with Charge ID 10022545 was modified on 14 Feb 2024.
14 Feb 2024Annual General Meeting
Ntpc Vidyut Vyapar Nigam Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.
21 Aug 2023Director Appointment
Renu Narang was appointed as a Ceo was appointed as a Ceo on 24 Jun 2023 & has been associated with this company since 11 months 7 days .
24 Jun 2023Balance Sheet
Ntpc Vidyut Vyapar Nigam Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
31 Mar 2023
Recent News, Updates & Announcement
NVVN and CONCOR ink MoU to propel solar energy in Indian logistics.Business News Today 07 Dec 2023
- NTPC Subsidiary Invites Bids for 6 MW of Solar Projects in Telangana.
Mercomindia 20 Jun 2023
Frequently asked questions
What is the Incorporation or founding date of Ntpc Vidyut Vyapar Nigam Limited?
