Company Profile

Sardar Patel Vidyut Bhavan,
Race Course,
Vadodara - 390007

The Company was incorporated with an Authorized Share Capital of Rs. 10 lacs divided into 1,00,000 Equity Shares of Rs. 10/- each, the same has been increased to Rs. 1000 crores. The present paid-up capital of the Company is Rs. 531,88,68,230/- divided into 53,18,86,823 Equity Shares of Rs. 10/- each (as of 31/03/2024). The entire share capital is held by Gujarat Urja Vikas Nigam Limited (GUVNL) and its nominees.

The Board of Directors of the Company comprises of the following Directors:

1. Ms. Shalini Agarwal, IAS - Chairperson
2. Mr. Ajay Prakash, IAS - Managing Director
3. Ms. Stuti Charan, IAS - Non-Executive Woman Director
4. Ms. Preeti Sharma - Non-Executive Nominee Director
5. Mr. K. P. Jangid - Director
6. Mr. Nisarg Joshi - Director
7. Mr. K. M. Shringarpure - Independent Director
8. Prof. Dr. Ajay Pandey, IIM, Ahmedabad - Independent Director
9. Prof. Dr. S. Raman, IIT, Gandhinagar - Independent Director
10. Mr. Sourav Nandy - Non-Executive Director

1) Mr. S. S. Taviyad - Chief Engineer (T & O)
2) Mr. R G. Nagaria - Chief Engineer (Project)
3) Ms. S. V. Vachhrajani - General Manager (Finance)
4) Mr. S V Rathva - Additional General Manager (HR)

Mr. Vitthal M. Chavan

M/s. MUKUND & ROHIT
Chartered Accountants, Vadodara

M/s. N.D. Birla & Co., Cost Accountants, Vadodara