'lighting the house and hearts of the people'
Regd. under Multi-State Co-operatives Societies Act,2002, Ministry of Cooperation,
Government of India. Registration No. MSCS/CR/1251/2016
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Regd. under Multi-State Co-operatives Societies Act,2002, Ministry of Cooperation,
Government of India. Registration No. MSCS/CR/1251/2016
Multistate Energy Coop is offering equity stake to Energy Consumers of Sikkim and West Bengal in Teesta-VI HEP revival plan through a tailor-made scheme known as the Kilowatt Energy Share Scheme (KESS).
Individual, Household, Group, Cooperative , Institution and Government Corporation
Companies and Other Organization
Individual, Household, Group, Cooperative , Institution and Government Corporation - Rs. 500
Companies and Other Organization - Fee Rs. 5000
On exemption of Income Tax and Dividend Distribution Tax members will get 13.70% Internal Rate of Return on account of dividend income and redemption of Equity Shares at the end of project life.
MULTISTATE ENERGY CONSUMERS’ CUM PRODUCERS’ CO-OPERATIVE SOCIETY LIMITED (Multistate Energy Coop) is the first power cooperative registered under the Multi-State Co-operative Societies Act, 2002, Ministry of Cooperation, Government of India. Vide Registration No. MSCS/CR/1251/2016 with its registered office at Upper Burtuk, Gangtok, Sikkim.The authorised share capital of Multistate Energy Coop is Rs.500 Crores with 5 million shares at a face value of Rs.1000 each. The borrowing power is ten-times of its paid-up share capital.