Western Electricity Supply Company of Odisha Company Profile and Structure

The Western Electricity Supply Company of Odisha, also known as WESCO, is a power distribution company that operates in the western part of Odisha. It is one of the three main power distribution companies in the state.

WESCO was established in 2004, as a result of the unbundling of the Odisha Electricity Board. The company is headquartered in Burla, a city in the Sambalpur district of Odisha.

WESCO has a large network of power distribution lines and substations, covering a vast area of over 26,000 square kilometers. This network serves a population of over 10 million people.

The company's main objective is to provide reliable and efficient power supply to its consumers.

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The Western Electricity Supply Company of Odisha, or WESCO, has a rich history that spans over several decades. It was established in 1980 as a successor to the erstwhile Western Zone of the Odisha Electricity Board.

WESCO's primary objective was to provide reliable and efficient electricity supply to the western part of Odisha.

The company's journey began with a modest infrastructure, comprising a few sub-stations and transmission lines.

Over the years, WESCO has expanded its operations, increasing its network to cover a larger area.

Today, WESCO is one of the leading electricity distribution companies in Odisha, serving a large population.

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Western Electricity Supply Company of Odisha has had its fair share of leadership changes over the years.

Pramod Abcsdd has been a notable figure in the company's history, serving in various capacities. He was a Director, holding the position until September 27, 2007.

Pramod Abcsdd also held the position of Company Secretary from June 21, 2021, until he ceased to be in the role.

The company has had multiple instances of Pramod Abcsdd serving as Director, with his tenure spanning from March 11, 2015, to September 28, 2011.

Here is a summary of Pramod Abcsdd's roles and their corresponding cessation dates:

This highlights the importance of keeping track of leadership changes and their impact on the company's operations.

The Western Electricity Supply Company of Odisha's financial performance is a fascinating topic. The company experienced no change in revenue for the financial year ended 2022, with a 0% increase.

Their profitability saw a slight improvement, with a 0.05% increase in profit. This is a positive sign, indicating that the company is becoming more efficient in its operations.

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The company's net worth, however, dipped by a decrease of 5.58%. This is a concern, as it suggests that the company's assets are not generating sufficient returns to offset its liabilities.

Let's take a closer look at the company's key metrics:

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a significant increase of 51.44% in 2022, indicating that the company's core operations are generating more cash.

Western Electricity Supply Company of Odisha has a unique ownership structure, with a promoter holding of 100.00% in 2022.

The company has a strong leadership team, including Directors Lalit Kumar Mishra, Baishnab Charan Padhihary, and Muktikanta Sahoo.

Western Electricity Supply Company of Odisha is a public limited company, registered under ROC Roc Cuttack with an authorized capital of ₹48.65 Cr and a paid-up capital of ₹48.65 Cr.

Its financials are substantial, with ₹4,629,600,000.00 as its total capital and ₹2,870,551,400.00 as its paid-up capital.

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Western Electricity Supply Company Of Odisha Limited, also known as Western Electricity Supply Company Of Odisha Limited, was established on 19 November 1997 in Bhubaneswar, Orissa, India.

The company is registered under ROC Roc Cuttack and holds CIN: U40109OR1997PLC005104. It is an unlisted public limited company.

Western Electricity Supply Company Of Odisha Limited has an authorized capital of ₹48.65 Cr and a paid-up capital of ₹48.65 Cr.

Its leadership includes Lalit Kumar Mishra (Director), Baishnab Charan Padhihary (Director), and Muktikanta Sahoo (Director).

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The ownership and shareholding structure of a company is a crucial aspect of its overall management and decision-making process. Western Electricity Supply Company Of Odisha had a promoter holding of 100.00% in 2022.

This means that the company was fully owned by its promoters, who have complete control over its operations and direction. The company had 2 Associate Companies.

The financials of the company are substantial, with a total of ₹4,629,600,000.00 in its accounts. This is a significant amount of money that is used to fund the company's operations and investments.

In terms of its shareholding pattern, the company's promoters held a majority stake, with the remaining shares distributed among other shareholders. The company's financials also show a significant amount of funds, ₹2,870,551,400.00, which is a testament to its financial health.

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