Energy Development Company Ltd
ENER

Energy Development Company Ltd (ENERGYDEV)

₹15.94.22%

Key Stats

₹15.8
Day's Price Range
₹16.9
₹8.55
52-Week Price Range
₹42.3
1 Month Return-16.8 %
3 Month Return-7.53 %
1 Year Return58.85 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 4
10.37
EPS
Rank 7
₹1.6
BVPS
Rank 12
₹18.82
Dividend Yield
Rank 6
ROE
Rank 27
-0.31%
Price To Book Ratio
Rank 8
0.88
Debt To Asset
Rank 13
0.67

Company Information

Energy Development Company Limited was incorporated as a public limited company as on the 19th January 1995. The company took over execution of Harangi Mini Hydro Electric Power project on BOT Build Operate Transfer basis for a period of 40 years from the date of commissioning of the project. The project was initially awarded to M/s. North East Energy Services NEES USA by the Government of Karnataka.Accordingly an agreement was entered between the Government of Karnataka and M/s. Public Power International Inc PPII a group company of NEES acting on behalf of NEES. In accordance with this agreement a new company was incorporated on the 19th January 1995 in the name of Energy Development Company Limited for executing the project.During the year 1999 the company signed Power Purchase Agreement with Karntaka Power Transmission Corporation Ltd Formerly KEB for sale of entire energy generated which would be valid for 20 years. The Harangi Hydro Electric Project was finally commissioned and synchronised with the grid on 14th July 1999.
OrganisationEnergy Development Company Ltd
HeadquartersKodagu
IndustryPower Generation & Distribution