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About
Basic Data Updated:
13 days agoThe co-generation power plants at Vadinar, Gujarat, with an aggregate power generation capacity of 597 MW and 1760 TPH of steam, are owned and operated by Vadinar Power Company Limited. The company's existing plant solely caters to the power and steam requirement of EOL's 10.5-MTPA refinery operation. A take or pay PPA for a period of 25 years has been entered into by VPCL with EOL (Essar Oil Ltd) for the supply of 300 MW of power and 1,530 TPH of steam. Additionally, a similar PPA has been signed with ESHL for the supply of 90 MW of power. The remaining capacity's power would be sold on a merchant basis. In 1997, VPCL was incorporated and its registered office is located in Jamnagar, Gujarat.
Industry
Company Details
- Location
Jamnagar, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
CIN/LLPIN/FCRN | U40100GJ1997PLC033108 |
Company No. | 033108 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 03 Oct 1997 |
Date of AGM | 14 Sep 2018 |
Date of Balance Sheet | 31 Mar 2018 |
Listing Status | Unlisted |
ROC Code | Roc Ahmedabad |
Financials of Vadinar Power Company Limited
Vadinar Power Company Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 23.86% increase. The company also saw a substantial fall in profitability, with a 36.1% decrease in profit. The company's net worth moved up by a moderate rise of 1.36%.
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Corporate Structure
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People in Vadinar Power Company Limited
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Executive Team (2)
- Mayank Bhargava Company Secretary
Appointment Date: 29-May-2017
Status: Current
PS
Prabhat Srivastava CFOAppointment Date: 03-Aug-2018
Status: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 12 Apr 2017 | ₹572.64 Cr | Satisfied |
Idfc Limited Creation Date: 29 Sep 2015 | ₹180.00 Cr | Satisfied |
Yes Bank Limited Creation Date: 24 Sep 2014 | ₹225.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vadinar Power Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vadinar Power Company's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Recent activity within the organization
Annual General Meeting
Vadinar Power Company Limited last Annual general meeting of members was held on 14 Sep 2018 as per latest MCA records.
14 Sep 2018Balance Sheet
Vadinar Power Company Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.
31 Mar 2018Charges
A charge registered on 12 Apr 2017 via Charge ID 100103383 with Others was fully satisfied on 06 Mar 2018.
06 Mar 2018Charges
A charge registered on 18 Nov 2008 via Charge ID 10131570 with Axis Bank Limited was fully satisfied on 28 Feb 2018.
28 Feb 2018Director Appointment
Anup Ajit Vikal was appointed as a Director was appointed as a Director on 14 Feb 2018 & has been associated with this company since 6 years 2 months .
14 Feb 2018
Recent News, Updates & Announcement
- Essar Group to Produce 1 Gigawatt of Green Hydrogen in Jamnagar Gujarat Prashant Ruia Announces GreenGoals and BigPlans for Jamnagar Hydrogen Project.
Essar Group Were gonna make 1 gigawatt of green hydrogen in Jamnagar Gujarat Prashant Ruia said so GreenGoals BigPlans JamnagarHydrogenProject.
FuelCellsWorks 11 Jan 2024
- Essar closes Rs 2000cr Aegis sale retires Rs 75000 cr debt.
Deccan Herald 27 Nov 2017
- Essars 350 mn realty deal with RMZ fizzles out ace investor in talks.
VCCircle 20 Nov 2017
- Greka Drilling Hits 50th Well Milestone With Client Essar Oil In India.
London South East 28 Feb 2017
- Essar IDFC Alternatives reach settlement paving the way for Rosneft deal.
Deal Street Asia 27 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Vadinar Power Company Limited?