Energy Development Company Limited (ENERGYDEV.NS)

24.15 -0.45 (-1.83%) At close: 03:29PM IST

Energy Development Company Limited

EDCL House
1A, Elgin Road
Kolkata 700020
India
91 33 4041 1983
https://www.edclgroup.com

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 63

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Satyendra Pal Singh	Whole-Time Executive Director	2.21M	N/A	1973
Mr. Prabir Goswami	Chief Financial Officer	N/A	N/A	N/A
Ms. Vijayshree Binnani	Compliance Officer & Company Secretary	N/A	N/A	N/A
Navnita Dev	President	N/A	N/A	1979
M. Shiva Subramaniam	General Manager of Operations	N/A	N/A	1973

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Energy Development Company Limited generates and sells electricity from water and wind in India. The company operates through three divisions: Generating, Contract, and Trading. It also generates and sells power to various electricity boards. It owns and operates 9 MW and 6 MW Harangi hydro-electric power plants in the district of Kodagu, as well as two wind projects of 1.5 MW each in the cities of Hassan and Chitradurga in Karnataka; and a 7 MW Ullunkal hydroelectric power project and 15 MW Karikayam hydroelectric power project in the state of Kerala. This division also executes hydroelectric projects in the state of Arunachal Pradesh. In addition, the company constructs, develops, operates, and maintains projects and consultancies. Further, it trades in power equipment and metals. Additionally, the company offers engineering, consultancy, and project management services for hydroelectric power plants, as well as provides pre-project planning, project support, project preparation, project management, post -construction, and detailed engineering services. Furthermore, it provides third party power plant operations and maintenance services; and rehabilitation, renovation, modernization, and uprating consultancy and services for ageing hydro power plants. The company is involved in the cogeneration or the combined generation of heat and power from a single fuel source, such as bagasse. Energy Development Company Limited was incorporated in 1995 and is based in Kolkata, India.

Corporate governance

Energy Development Company Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.