About U. P. Power Corporation Limited
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U. P. Power Corporation Limited is a public limited state government company based in Lucknow, Uttar Pradesh, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 30 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U32201UP1999SGC024928. Its GSTIN is 09AAACU5088M4ZM (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2,00,000 Cr and a paid-up capital of ₹1,50,677 Cr. It was formerly known as Uttar Pradesh Power Corporation Limited. It is led by directors including Pankaj Kumar (Managing Director) and Gyanendra Dhar Dwivedi (Whole-Time Director).
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 Shakti Bhawanashok Marg Lucknow, Uttar Pradesh, India – 226001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,04,532 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹11,265 Cr (net margin -10.8%) and EBITDA of ₹394.8 Cr (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 9% over five years.
Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: UP Power Corporation. As per MCA filings, the company has open charges of ₹19,244 Cr and satisfied charges of ₹49,061 Cr on record. Court records list 14,313 cases involving the company, including 6,218 filed by the company and 8,096 filed against it; 2,087 cases are pending. The company has 9 deals on record (7 funding rounds, 2 rights issues), with disclosed funding of ₹1,11,563 Cr; the latest was in August 2024. Its 6 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 5 smaller; the largest is NTPC Limited with revenue of ₹1,90,862 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website uppcl.org.
Company details
CIN history
U. P. Power Corporation has one previous CIN (Corporate Identification Number): U32201UP1999PLC024928. The current CIN is U32201UP1999SGC024928, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32201UP1999SGC024928 | Current |
| U32201UP1999PLC024928 | Previous |
Contact details
U. P. Power Corporation Limited's registered office is in Lucknow, Uttar Pradesh. Its website is uppcl.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressShakti Bhawanashok Marg Lucknow, Uttar Pradesh, India – 226001
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of U. P. Power Corporation 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
U. P. Power Corporation operates one associated brand: UP Power Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity is distributed and supplied throughout Uttar Pradesh. | upenergy.in |
Business activity
The main business activity of U. P. Power Corporation 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 U. P. Power Corporation Limited, buy the company report.
Financials of U. P. Power Corporation Limited
FY 2024 filings availableU. P. Power Corporation Limited reported revenue of ₹1,04,532 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 3% growth in the latest year. EBITDA fell 92% 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 | ₹394.8 Cr | ||||
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| Net Profit (PAT) | -₹11,265 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 | 0.4% | ||||
| Net Profit Margin | -10.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of U. P. Power Corporation Limited, buy the company report.
Board of directors of U. P. Power Corporation Limited
U. P. Power Corporation has 15 current directors and 65 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Singh | Nominee Director | 03 May 2023 | 3 Years 5 Months | Current |
| Pankaj Kumar | Managing Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Neha Jain Also directs: Shreetron India Limited, U.P. Development Systems Corporation Limited., U.P.Electronics Corporation Limited and 1 more | Nominee Director | 13 Feb 2025 | 1 Years 8 Months | Current |
| Mayur Maheshwari | Nominee Director | 29 Oct 2025 | 0 Years 11 Months | Current |
| Gyanendra Dhar Dwivedi | Whole-Time Director | 11 Oct 2023 | 3 Years 0 Months | Current |
| Sourajit Ghosh | Whole-Time Director | 18 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
U. P. Power Corporation Limited is compared with the 6 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| NTPC Limited | ₹1,90,862 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| U. P. Power Corporation Limitedthis company | ₹1,04,532 Cr (FY 2025) | -₹11,265 Cr | -10.8% | 3.0% | Lucknow, Uttar Pradesh, India | |
| Tamil Nadu Power Distribution Corporation Limited | ₹98,884 Cr (FY 2024) | 20.0% | Chennai, Tamil Nadu, India | |||
| Gujarat Urja Vikas Nigam Limited | ₹88,896 Cr (FY 2025) | 1.0% | Vadodara, Gujarat, India | |||
| Power Grid Corporation of India Limited | ₹47,459 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Southern Power Distribution Company of Telangana Limited | ₹44,953 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| West Bengalstate Electricity Distribution Company Limited | ₹38,745 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of U. P. Power Corporation Limited, buy the company report.
Auditor
U. P. Power Corporation Limited is audited by D. Pathak & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. Pathak & Co. | FY 2023 | 001439C |
Shareholding
The shareholding of U. P. Power Corporation 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of U. P. Power Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2025 | 101111428 | Others | ₹295 Cr | Open | |
| 27 Sep 2024 | 100991427 | Hdfc Bank Limited | ₹260 Cr | Open | |
| 05 Oct 2022 | 100696936 | Others | ₹3,052 Cr | Open | |
| 29 Mar 2022 | 100744589 | Others | ₹3,951.2 Cr | Open | |
| 29 Mar 2022 | 100561323 | Others | ₹3,457.3 Cr | Open |
To see the full charge records of U. P. Power Corporation Limited, buy the company report.
Total charge records: 241 View all charges
Deals & funding
U. P. Power Corporation Limited has 9 deals on record (7 funding rounds, 2 rights issues), with disclosed funding of ₹1,11,563 Cr; the latest was in August 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Rights issue | ₹7,599.94 Cr | Investors: an individual |
| Jan 2023 | Rights issue | ₹19,534 Cr | Investors: an individual |
| Feb 2022 | Funding round | ₹9,491.22 Cr | Investors: an individual |
| Jul 2020 | Funding round | ₹9,439.63 Cr | Investors: an individual |
| Feb 2019 | Funding round | ₹8,173.66 Cr | Investors: an individual |
To see the full deal history of U. P. Power Corporation 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
U. P. Power Corporation Limited has 14,313 court cases on record: 6,218 filed by U. P. Power Corporation, 8,096 filed against it. 2,087 cases are pending and 12,226 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7,785 | 6,783 | 1,133 |
| District courts | 5,974 | 1,067 | 881 |
| Supreme Court | 553 | 245 | 73 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14,313)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Purvanchal Vidyut Vitran Nigam Limited and 1 other | Disposed |
| Supreme Court | Court case (4302-Service Laws : Promotion, seniority, payment of salary, bonus, provident fund, service benefits, equal pay for equal work, pay scales, transfer) | Filed against the company by individuals | Pending |
| Supreme Court | Court case (1103-Compensation : Compensation, not covered under the Motor Vehicles Act,1988 and Railways Act) | Filed by the company against individuals | Disposed |
| Supreme Court | Court case (4302-Service Laws : Promotion, seniority, payment of salary, bonus, provident fund, service benefits, equal pay for equal work, pay scales, transfer) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by an individual | Disposed |
To see the full case history of U. P. Power Corporation 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
U. P. Power Corporation Limited was last rated by Brickwork on 06 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 06 May 2021 |
To see the full credit ratings and regulatory alerts of U. P. Power Corporation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for U. P. Power Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
U. P. Power Corporation has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pashchimanchal Vidyut Vitran Nigam Limited | U31200UP2003SGC027458 | |
| Madhyanchal Vidyut Vitran Nigam Limited | U31200UP2003SGC027459 | |
| Dakshinanchal Vidyut Vitran Nigam Limited | U31200UP2003SGC027460 | |
| Purvanchal Vidyut Vitran Nigam Limited | U31200UP2003SGC027461 | |
| Kanpur Electricity Supply Company Limited | U40105UP1999SGC024626 |
To see the full group structure of U. P. Power Corporation Limited, buy the company report.
GST
U. P. Power Corporation has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACU5088M4ZM | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAACU5088M1DY | Uttar Pradesh | Active | 27 Oct 2018 |
To see the full GST registrations and return filing status of U. P. Power Corporation Limited, buy the company report.
Recent activity
U. P. Power Corporation Limited has 78 board changes on record since 2007: 15 appointments and 63 cessations. The latest: Mayur Maheshwari was appointed as Nominee Director on 29 Oct 2025.
643 earlier events are in the company report.
News
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Frequently asked questions
U. P. Power Corporation is an active public limited state government company based in Lucknow, Uttar Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 30 November 1999 (27+ years old) and is registered under CIN U32201UP1999SGC024928.
U. P. Power Corporation has 15 current directors:
- Pankaj Kumar - Managing Director
- Gyanendra Dhar Dwivedi - Whole-Time Director
- Sourajit Ghosh - Whole-Time Director
- Ashish Goel - Whole-Time Director
- Prashant Verma - Whole-Time Director
- Deepak Raizada - Whole-Time Director
- John Mathai - Whole-Time Director
- Abhishek Singh - Nominee Director
- Neha Jain - Nominee Director
- Mayur Maheshwari - Nominee Director
- Neel Ratan Kumar - Nominee Director
- Raj Kumar Malhotra - Nominee Director
- Amit Kumar Srivastava - Nominee Director
- Prabhat Kumar Singh - Nominee Director
- Raj Kumar - Nominee Director
The latest financial statements of U. P. Power Corporation 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 U. P. Power Corporation is 09AAACU5088M4ZM, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAACU5088M1DY (Uttar Pradesh).
The CIN (Corporate Identification Number) of U. P. Power Corporation is U32201UP1999SGC024928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
U. P. Power Corporation has 14,313 court cases on record: 6,218 filed by the company and 8,096 filed against it. 2,087 are pending. Most are in the high courts.
U. P. Power Corporation was incorporated on 30 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kanpur.
U. P. Power Corporation has 9 deals on record (7 funding rounds, 2 rights issues), with disclosed funding of ₹1,11,563 Cr; the latest was in August 2024.
The peers of U. P. Power Corporation by revenue are NTPC Limited, Tamil Nadu Power Distribution Corporation Limited, Gujarat Urja Vikas Nigam Limited, Power Grid Corporation of India Limited, Southern Power Distribution Company of Telangana Limited and 1 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Mayur Maheshwari was appointed as Nominee Director on 29 Oct 2025. Rupesh Kumar ceased to be Nominee Director on 28 Oct 2025. Nidhi Kumar Narang ceased to be Whole-Time Director on 17 Aug 2025. U. P. Power Corporation has 78 board changes on record in total.
U. P. Power Corporation can be reached through the website uppcl.org. Its registered office is in Lucknow, Uttar Pradesh, India.