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About Energy Development Company
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.
Parent Organisation
Indian Private
Managing Director
Pankaja Kumari Singh
Founded
1995
NSE Symbol
ENERGYDEV
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What is the share price of Energy Development Company Ltd (ENERGYDEV) shares?
Energy Development Company Ltd (ENERGYDEV) share price as of November 11, 2024, on NSE is Rs 25.12 (NSE) and Rs 25.12 (BSE) on BSE.
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Energy Development Company Ltd (ENERGYDEV) share can be bought through the following modes:
1. Direct investment: You can buy Energy Development Company Ltd (ENERGYDEV) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Energy Development Company Ltd (ENERGYDEV) shares.
1. Direct investment: You can buy Energy Development Company Ltd (ENERGYDEV) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Energy Development Company Ltd (ENERGYDEV) shares.
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