About Sasan Power Limited
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Sasan Power Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Power Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40102MH2006PLC190557. Its GSTIN is 23AAKCS0723M1ZB (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6,000 Cr and a paid-up capital of ₹4,363.15 Cr. It is led by directors including Sachin Mohapatra (Whole-Time Director) and Suresh Babu Konakanchi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,887.52 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹14.8 Cr (net margin 0.3%) and EBITDA of ₹2,059.19 Cr (EBITDA margin 42.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 873 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Reliance Power. As per MCA filings, the company has open charges of ₹20,368 Cr and satisfied charges of ₹755.92 Cr on record. Court records list 184 cases involving the company, including 95 filed by the company and 89 filed against it; 65 cases are pending. The company has 17 deals on record (12 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹6,952.75 Cr; the latest was in March 2018. Its 8 peer companies in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is Meja Urja Nigam Private Limited with revenue of ₹5,202.32 Cr. The company has 23 MSME Form 1 returns on record between 2019 and 2024, listing 7,954 overdue payments to 267 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 reliancepower.co.in.
Company details
CIN history
Sasan Power has one previous CIN (Corporate Identification Number): U40102DL2006PLC146108. The current CIN is U40102MH2006PLC190557, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102MH2006PLC190557 | Current |
| U40102DL2006PLC146108 | Previous |
Contact details
Sasan Power Limited's registered office is in Mumbai, Maharashtra. Its website is reliancepower.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressReliance Centre Ground Floor 19 Walchand Hirachand Marg Ballard Est, Ate, Mumbai, Maharashtra, India – 400001
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Sasan Power 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
Sasan Power operates one associated brand: Reliance Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of solar energy projects | reliancepower.co.in |
Business activity
The main business activity of Sasan Power 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 Sasan Power Limited, buy the company report.
Financials of Sasan Power Limited
FY 2024 filings availableSasan Power Limited reported revenue of ₹4,887.52 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 3% growth in the latest year. EBITDA rose 1% 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 | ₹2,059.19 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹14.8 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 | 42.1% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sasan Power Limited, buy the company report.
Board of directors of Sasan Power Limited
Sasan Power has 5 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zohra Chatterji Also directs: Reliance Power Limited, Rosa Power Supply Company Limited, Bses Yamuna Power Limited and 3 more | Additional Director | 28 Oct 2025 | 0 Years 11 Months | Current |
| Manoj Bhaiyasaheb Pongde Also directs: Rajasthan Sun Technique Energy Private Limited | Additional Director | 04 Feb 2025 | 1 Years 8 Months | Current |
| Sameer Kumar Gupta Also directs: Reliance Nu Energies Private Limited, Reliance Transtech Private Limited, Reliance Cleangen Limited and 5 more | Additional Director | 08 Jan 2026 | 0 Years 9 Months | Current |
| Suresh Babu Konakanchi Also directs: Rosa Power Supply Company Limited, Stratabiz Advisory Services LLP, Pinnacle Finvest Services LLP and 4 more | Director | 06 Aug 2021 | 5 Years 2 Months | Current |
| Sachin Mohapatra Also directs: Reliance Power Limited | Whole-Time Director | 12 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Sasan Power Limited is compared with the 8 companies closest to it by revenue in the Power industry (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 |
|---|---|---|---|---|---|---|
| Meja Urja Nigam Private Limited | ₹5,202.32 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Prayagraj Power Generation Company Limited | ₹5,104.46 Cr (FY 2025) | 4.0% | Noida, Uttar Pradesh, India | |||
| NLC Tamil Nadu Power Limited | ₹5,091.95 Cr (FY 2025) | 74.0% | Chennai, Tamil Nadu, India | |||
| NTPC Tamil Nadu Energy Company Limited | ₹5,066.53 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Sasan Power Limitedthis company | ₹4,887.52 Cr (FY 2025) | ₹14.8 Cr | 0.3% | 3.0% | 873 | Mumbai, Maharashtra, India |
| Andhra Pradesh Power Development Company Ltd | ₹4,761.67 Cr (FY 2024) | 71.0% | Hyderabad, Telangana, India | |||
| Il&Fs Tamil Nadu Power Company Limited | ₹4,572.59 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Nabha Power Limited | ₹4,487.13 Cr (FY 2025) | 3.0% | Rajpura, Punjab, India | |||
| MB Power (Madhya Pradesh) Limited | ₹4,346.59 Cr (FY 2025) | 1.0% | Anuppur, Madhya Pradesh, India |
To see the full peer comparison of Sasan Power Limited, buy the company report.
Auditor
Sasan Power Limited is audited by Pathak H. D. & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pathak H. D. & Associates LLP | FY 2023 | 107783W/W100593 |
Shareholding
The shareholding of Sasan Power 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 Sasan Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2017 | 100119319 | State Bank of India | ₹3,387.64 Cr | Open | |
| 26 Oct 2016 | 100057933 | State Bank of India | ₹8,490.23 Cr | Open | |
| 12 Aug 2009 | 10172003 | Sbicap Trustee Company Limited | ₹8,490.23 Cr | Open | |
| 20 Apr 2010 | 10224515 | Sbicap Trustee Company Limited | ₹750 Cr | Satisfied | |
| 31 Jul 2006 | 10017434 | Power Finance Corporation Limited | ₹5.92 Cr | Satisfied |
To see the full charge records of Sasan Power Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sasan Power Limited has 17 deals on record (12 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹6,952.75 Cr; the latest was in March 2018.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Reliance Power Limited Seller: Reliance Power Limited & N Venugopala Rao, Reliance Power Limited & Ashwin Purohit, Reliance Power Limited & Suresh Nagarajan |
| Feb 2015 | Rights issue | ₹762.2 Cr | Investors: Reliance Power Limited |
| Jul 2014 | Rights issue | ₹230 Cr | Investors: Reliance Power Limited |
| Mar 2014 | Funding round | ₹556.2 Cr | Investors: Reliance Power Limited |
| Mar 2013 | Funding round | ₹941.31 Cr | Investors: Reliance Power Limited |
To see the full deal history of Sasan 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
Sasan Power Limited has 184 court cases on record: 95 filed by Sasan Power, 89 filed against it. 65 cases are pending and 119 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 123 | 45 | 44 |
| Supreme Court | 42 | 27 | 13 |
| District courts | 18 | 16 | 8 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 184)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Reliance Infrastructure Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against M.P. Power Management Company Limited | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Punjab State Power Corporation Limited Through Its Dy. Chief Engineer/Isb-2 Formerly Known As Punjab State Electricity Board ,the Mall, Patiala, Punjab ,Patiala , Punjab | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Haryana Power Purchase Centre THR. Its Chief Engineer (Now Performing the Power Procurement Function Previously Undertaken by Haryana Power Generation Corporation Limited) Shakti Bhawan, ,Panchkula * , Haryana | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Reliance Infrastructure Ltd. and 2 others | Pending |
To see the full case history of Sasan 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
Sasan Power Limited was last rated by Care on 07 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Apr 2023 |
To see the full credit ratings and regulatory alerts of Sasan Power Limited, buy the company report.
MSME payment delays
Sasan Power Limited has 23 MSME Form 1 returns on record between 2019 and 2024, listing 7,954 overdue payments to 267 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 267)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Flowshree Engineers (OPC) Private Limited | |||
| TMP Constructions | |||
| Mining Machine Tools | |||
| Cisb Services Private Limited |
To see the full MSME payment records of Sasan Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sasan Power Limited has a workforce of 873 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sasan Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCS0723M1ZB | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sasan Power Limited, buy the company report.
Recent activity
Sasan Power Limited has 45 board changes on record since 2007: 5 appointments and 40 cessations. The latest: Sameer Kumar Gupta was appointed as Additional Director on 08 Jan 2026.
47 earlier events are in the company report.
News
Frequently asked questions
Sasan Power is an active public limited company based in Mumbai, Maharashtra, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U40102MH2006PLC190557.
Sasan Power has 5 current directors:
- Sachin Mohapatra - Whole-Time Director
- Zohra Chatterji - Additional Director
- Manoj Bhaiyasaheb Pongde - Additional Director
- Sameer Kumar Gupta - Additional Director
- Suresh Babu Konakanchi - Director
The latest financial statements of Sasan Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sasan Power is 23AAKCS0723M1ZB, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sasan Power is U40102MH2006PLC190557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sasan Power has 184 court cases on record: 95 filed by the company and 89 filed against it. 65 are pending. Most are in the high courts.
Sasan Power was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Sasan Power has 17 deals on record (12 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹6,952.75 Cr; the latest was in March 2018.
The peers of Sasan Power by revenue are Meja Urja Nigam Private Limited, Prayagraj Power Generation Company Limited, NLC Tamil Nadu Power Limited, NTPC Tamil Nadu Energy Company Limited, Andhra Pradesh Power Development Company Ltd and 3 more, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Sameer Kumar Gupta was appointed as Additional Director on 08 Jan 2026. Zohra Chatterji was appointed as Additional Director on 28 Oct 2025. Manoj Bhaiyasaheb Pongde ceased to be Additional Director on 29 Sep 2025. Sasan Power has 45 board changes on record in total.
Sasan Power has 23 MSME Form 1 returns on record between 2019 and 2024, listing 7,954 overdue payments to 267 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Sasan Power can be reached through the website reliancepower.co.in. Its registered office is in Mumbai, Maharashtra, India.