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Rajasthan Renewable Energy Corporation Limited
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Registered Details

RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED

energy.rajasthan.gov.in

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RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED

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Updated: 21 Apr 2025

The company is engaged in production, collection and distribution of electricity.

Rajasthan Renewable Energy Corporation Limited, is an unlisted public company incorporated on 06 April, 1995. It is classified as a State government company and is located in Jaipur, Rajasthan. It's authorized share capital is INR 16.00 cr and the total paid-up capital is INR 12.94 cr.

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Industry and products

Electricity, Gas & Water

Solar Panel Solutions, Telecom Tower Solution, Solar Energy Service, Grid Connected Roof Top Service and Businesses Solar Services.

Company size

Auth Capital

₹ 16.0 Cr

Paidup Capital

₹ 12.9 Cr

Revenue

Not Available

Key Metrics

** All rupee values in INR crores. Based on March 2021 numbers.

Total Revenue

-3.36%

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EBITDA

-45.11%

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Net Profit

-13.44%

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Networth

9.06%

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Borrowings

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Assets

12.71%

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Gross Margin

-2.75

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Operating Margin

-7.77

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Net Profit Margin

-1.8

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Return on Equity

-2.3

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ROCE

-1.0

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Debt to Equity

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Sales

Mar 2021

Net worth

Mar 2021

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Locations

India (1)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Alok Gupta	02081383	1 years
Director	Naveen Jain	06915352	1 years
Director	Om Prakash Kasera	07387792	1 years
Kmp	Deokinandan Sharma	<HIDDEN>	1 years
Director	Kamlesh Kumar Meena	09347116	1 years
Director	. Girdhar	10420603	1 years
Director	Birdi Chand Gangwal	10646825	1 years
CS	Gazal Saxena	<HIDDEN>	15 years

Financial Highlights

** All numbers in INR crores

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
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Margins

Gross margin

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Balance Sheet

Standalone

Consolidated

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** All numbers in INR crores

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
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Percentage of assets	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
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	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Equity Capital	12.9	12.9	12.9	12.9
Reserves	231.6	244.8	266.5	257.2
Borrowings +	-	-	-	-
Long term borrowings	-	-	-	-
Short term borrowings	-	-	-	-
Trade payables +	16.0	12.6	13.3	16.7
Days payable	78.0	61.0	64.0	80.0
Other liabilities +	562.1	516.1	497.9	927.1
Other non-current liabilities	313.8	312.6	354.3	782.4
Other current liabilities	232.2	190.9	130.3	128.0
Total liabilities	806.6	773.9	777.4	1,197.3
Fixed Assets +	210.8	195.4	219.1	205.8
Tangible assets	188.7	195.0	219.0	201.8
CWIP	22.2	0.4	-	4.0
Intangible assets	-	-	-	-
LT loans and advances	0.2	0.2	0.2	14.3
Other non-current assets	0.2	0.2	0.2	-
Current assets +	595.4	578.1	558.0	977.1
Inventories	-	-	-	-
Trade receivables	18.5	29.3	42.7	44.1
Cash and cash equivalents	438.0	396.6	410.7	862.1
ST loans and advances	51.8	33.6	51.4	61.6
Other current assets	87.1	118.6	53.2	9.3
Total assets	806.6	773.9	777.4	1,197.3

Percentage of assets	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Equity Capital	1.6	1.67	1.66	1.08
Reserves	28.71	31.64	34.29	21.49
Borrowings +	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0
Trade payables	1.98	1.63	1.71	1.39
Other liabilities +	69.68	66.69	64.05	77.43
Other non-current liabilities	38.91	40.4	45.58	65.35
Other current liabilities	28.79	24.66	16.76	10.69
Total liabilities
Fixed Assets +	26.14	25.25	28.18	17.19
Tangible assets	23.39	25.19	28.17	16.85
CWIP	2.75	0.05	0.0	0.33
Intangible assets	0.0	0.0	0.01	0.01
LT loans and advances	0.03	0.03	0.03	1.2
Other non-current assets	0.02	0.02	0.02	0.0
Current assets +	73.82	74.7	71.77	81.61
Inventories	0.0	0.0	0.0	0.0
Trade receivables	2.3	3.79	5.49	3.68
Cash and cash equivalents	54.3	51.25	52.82	72.01
ST loans and advances	6.43	4.34	6.61	5.15
Other current assets	10.79	15.33	6.85	0.78
Total assets

Total assets

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
RAJASTHAN RAJYA VIDYUT UTPADAN NIGAM LIMITED	Active	10,631.7 Cr	1	Rajasthan
AJMER VIDYUT VITRAN NIGAM LIMITED	Active	11,000.1 Cr	1	Rajasthan
JODHPUR VIDYUT VITRAN NIGAM LIMITED	Active	10,992.7 Cr	1	Rajasthan
RAJASTHAN SOLARPARK DEVELOPMENT COMPANY LIMITED	Active	5.0 L	3	Rajasthan
RAJASTHAN STATE ROAD DEVELOPMENT AND CONSTRUCTION CORPORATION LIMITED	Active	100.0 Cr	1	Rajasthan
JAIPUR VIDYUT VITRAN NIGAM LIMITED	Active	12,132.6 Cr	1
RAJASTHAN URJA VIKAS AND IT SERVICES LIMITED	Active	50.0 Cr	1	Rajasthan
BARMER THERMAL POWER COMPANY LIMITED	Active	5.0 L	1	Rajasthan
BANSWARA THERMAL POWER COMPANY LIMITED	Active	5.0 L	1	Rajasthan
SANGOD TRANSMISSION SERVICE LIMITED	Active	5.0 L	1	Rajasthan
BARMER LIGNITE MINING COMPANY LIMITED	Active	20.0 Cr	1	Rajasthan

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
RAJASTHAN SOLARPARK DEVELOPMENT COMPANY LIMITED	Rajasthan	2011	₹ 5.0 L

Tofler Score

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Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U40101RJ1995SGC009847

PAN

AAACL3171C

Incorporation

1995, 30.3 years

Company Email

rrec2016@gmail.com

Paid up Capital

₹ 12.9 Cr

Authorised Capital

₹ 16.0 Cr

AGM

Dec 2023

Type

Public

State Government Company

FAQ - RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED

What is the incorporation date of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED?

The incorporation date of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED is 06 April, 1995

What is the authorized share capital of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED?

The authorized share capital of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED is INR ₹ 16.0 Cr.

What is the paid-up capital of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED?

The paid-up capital of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED is INR ₹ 12.9 Cr.

What is the registered address of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED?

The registered address of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED is E-166, YUDHISHTER MARG C-SCHEME JAIPUR Rajasthan - 302001

What is the CIN number of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED?

The CIN number of RAJASTHAN RENEWABLE ENERGY CORPORATION LIMITED is U40101RJ1995SGC009847.

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