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About
Basic Data Updated:
29 days agoThe 400 MW Maheshwar Hydro Power Project, located on the banks of the Narmada river near Mandleshwar, Madhya Pradesh, is being established by Shree Maheshwar Hydel Power Corporation Limited. Originally proposed by the Narmada Valley Development Authority (NVDA), the project was later transferred to the Madhya Pradesh State Electricity Board (MPSEB) in 1980. However, it was eventually awarded to the S Kumars group, who formed a Special Purpose Vehicle (SPV) in 1993 under the name SMHPCL to oversee its execution. Despite commencing work on the project in 1998-99, it faced a major setback in September 2001 when certain lenders withdrew their support, causing a halt in its progress. In order to secure the necessary funding, SMHPCL turned to PFC for debt sanction, and in November 2005, work on the project resumed. The project's long-term Power Purchase Agreement (PPA) was signed in 1994 with the erstwhile MPSEB, solidifying its future success.
Industry
Company Details
- Location
West Nimar, Madhya Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U40101MP1993PLC007667 |
| Company No. | 007667 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 11 May 1993 |
| Date of AGM | 17 Dec 2014 |
| Date of Balance Sheet | 31 Mar 2014 |
| Listing Status | Unlisted |
| ROC Code | Roc Gwalior |
Financials of Shree Maheshwar Hydel Power Corporation Limited
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Corporate Structure
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People in Shree Maheshwar Hydel Power Corporation Limited
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Executive Team (1)
AB
Arun Bahadur
Managing DirectorAppointment Date: 17-Dec-2015
Status: Current
Board Members(10)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Life Insurance Corporation Of India Creation Date: 12 Oct 2009 | ₹77.00 Cr | Open |
State Bank Of India Creation Date: 03 Oct 2009 | ₹300.00 Cr | Open |
Power Finance Corporation Limited Creation Date: 04 Apr 2008 | ₹1,539.00 Cr | Open |
Deals i
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Recent activity within the organization
Director Appointment
Pramod Kumar Bajpai was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Mar 2016 & has been associated with this company since 8 years 2 months .
07 Mar 2016Director Appointment
Arun Kumar Bahadur was appointed as a Managing Director was appointed as a Managing Director on 17 Dec 2015 & has been associated with this company since 8 years 5 months .
17 Dec 2015Annual General Meeting
Shree Maheshwar Hydel Power Corporation Limited last Annual general meeting of members was held on 17 Dec 2014 as per latest MCA records.
17 Dec 2014Director Appointment
Indra Chandra Prasad Keshari was appointed as a Nominee Director was appointed as a Nominee Director on 29 Sep 2014 & has been associated with this company since 9 years 7 months .
29 Sep 2014Director Appointment
Rajeev Dak Shantilal was appointed as a Alternate Director was appointed as a Alternate Director on 02 Jul 2014 & has been associated with this company since 9 years 10 months .
02 Jul 2014
Frequently asked questions
What is the Incorporation or founding date of Shree Maheshwar Hydel Power Corporation Limited?
