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Shiga Energy Private Limited

Developing a hydro project in West Sikkim to generate 97MW of electric power.

2005 South Delhi, Delhi (India) Active

About

Basic Data Updated:

23 days ago

The Tashiding Hydro Electric Project (THEP), a hydro project developed by Shiga Energy Private Limited, is located in West Sikkim. It operates on the Build, Own, Operate and Transfer (BOOT) model and utilizes the flow of Rathong Chhu, a tributary of Rangit River, to generate 97MW of electric power through two units of 48.5MW each. A Memorandum of Understanding (MOU) has been signed between SEPL and the Sikkim Government, allowing for the free sale of power to the government. As per the agreement, SEPL will provide free power to the government for the first fifteen years, equivalent to 12% of the power generated, and 15% of the power generated for the following twenty years. This partnership between SEPL and the Sikkim Government aims to provide sustainable and reliable electricity to the region, promoting economic growth and development.

Industry

Company Details

  • Location

    South Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU51909DL2005PTC143237
Company No.143237
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date02 Dec 2005
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Delhi

Financials of Shiga Energy Private Limited

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Shiga Energy Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 123.25% increase. The company also saw a substantial improvement in profitability, with a 50.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.68%.

Corporate Structure

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People in Shiga Energy Private Limited

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹751.95 cr

₹21.00 cr

LenderAmountStatus

Corporation Bank

Creation Date: 25 Jan 2012
₹4.95 CrOpen

Power Finance Corporation Limited

Creation Date: 06 Jun 2011
₹747.00 CrOpen

Ifci Limited

Creation Date: 12 Jul 2017
₹21.00 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Savii New Cross Technology Private Limited

    Savii New Cross Technology Private Limited

    Active build-icon 2 years 6 months

    Abhishek Sharma is a mutual person

  • Hasle Refractories India Private Limited

    Hasle Refractories India Private Limited

    Active build-icon 11 years 4 months

    Abhishek Sharma is a mutual person

  • Ifci Financial Services Limited

    Ifci Financial Services Limited

    Active build-icon 29 years 4 months

    Atul Saxena is a mutual person

  • Dans Energy Consulting Private Limited

    Dans Energy Consulting Private Limited

    Active build-icon 17 years 8 months

    Abhishek Sharma and Pankaj Goenka are mutual person

  • Dans Energy Private Limited

    Dans Energy Private Limited

    Active build-icon 21 years 2 months

    Abhishek Sharma and Pankaj Goenka are mutual person

  • Acams Grc (India) Llp

    Acams Grc (India) Llp

    Active build-icon 4 years 11 months

    Abhishek Sharma is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Shiga Energy Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Shiga Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023
  • Activity

    Director Appointment

    Abhishek Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 09 Jun 2020 & has been associated with this company since 3 years 11 months .

    09 Jun 2020
  • Activity

    Director Appointment

    Pankaj Goenka was appointed as a Nominee Director was appointed as a Nominee Director on 09 Jun 2020 & has been associated with this company since 3 years 11 months .

    09 Jun 2020
  • Activity

    Charges

    A charge registered on 12 Jul 2017 via Charge ID 100112476 with Ifci Limited was fully satisfied on 20 Nov 2018.

    20 Nov 2018

Frequently asked questions

What is the Incorporation or founding date of Shiga Energy Private Limited?

Shiga Energy Private Limited was incorporated 18 years 5 months ago on 02 Dec 2005 with Registrar of Companies Roc Delhi.

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