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Sasan Power Limited

Develops and operates a coal-based project with 3,960 MW capacity using super-critical technology.

2006 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

1 month ago

The development and operation of a captive coal-based project with a capacity of 3,960 MW at Sasan, Madhya Pradesh is the main focus of Sasan Power Limited, as stated in its credit rating report. This project, which is based on super-critical technology, has been successfully implemented in six units of 660 MW each. As a wholly-owned subsidiary of Reliance Power Limited, SPL has signed Power Purchase Agreements (PPAs) in August 2007 for the contracted capacity of 3,722 MW with 14 state utilities in seven states. These states include Madhya Pradesh (lead procurer), Uttar Pradesh, National Capital Territory of Delhi, Punjab, Haryana, Rajasthan, and Uttaranchal. The PPAs serve as a testament to the company's commitment to providing reliable and sustainable power to these states. With its efficient and advanced technology, Sasan Power Limited is dedicated to meeting the energy needs of the nation and contributing to its growth and development.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU40102MH2006PLC190557
Company No.190557
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date10 Feb 2006
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Sasan Power Limited

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Sasan Power Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.29% decrease. The company also saw a substantial improvement in profitability, with a 179.26% increase in profit. The company's net worth moved up by a moderate rise of 3.76%.

Corporate Structure

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People in Sasan Power Limited

Executive Team (3)

  • LV

    Laxmi Vyas CFO

    Appointment Date: 25-Dec-2017

    Status: Current

  • RK

    Ramandeep Kaur In Company Secretary

    Appointment Date: 28-Apr-2023

    Status: Current

  • SM

    Sachin Mohapatra CEO

    Appointment Date: 14-Jun-2022

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹48,125.00 cr

₹5.92 cr

LenderAmountStatus

State Bank Of India

Creation Date: 03 Aug 2017
₹7,025.00 CrOpen

State Bank Of India

Creation Date: 26 Oct 2016
₹20,550.00 CrOpen

Sbicap Trustee Company Limited

Creation Date: 20 Apr 2010
₹750.00 CrOpen

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Sasan Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Sasan Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Suresh Babu Konakanchi was appointed as a Director was appointed as a Director on 06 Aug 2021 & has been associated with this company since 2 years 10 months .

    06 Aug 2021
  • Activity

    Director Appointment

    Chhaya Virani was appointed as a Director was appointed as a Director on 14 Oct 2020 & has been associated with this company since 3 years 7 months .

    14 Oct 2020
  • Activity

    Director Appointment

    Umesh Kumar Agrawal was appointed as a Director was appointed as a Director on 13 Nov 2019 & has been associated with this company since 4 years 6 months .

    13 Nov 2019

Frequently asked questions

What is the Incorporation or founding date of Sasan Power Limited?

Sasan Power Limited was incorporated 18 years 3 months ago on 10 Feb 2006 with Registrar of Companies Roc Mumbai.

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