Essar Power Manager M1 Salaries by 3 Employees (Updated 2025)

1 - 14 years exp.

₹5.5 Lakhs - ₹12.4 Lakhs

Low Confidence

Salary of majority employees

Fixed (82%)

₹8.2 Lakhs

Variable (18%)

₹1.8 Lakh

14% less than the average Manager M1 Salary in Power Companies for 1 - 14 years of experience

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Last Updated: 14 Feb 2025

Companies similar to Essar Power for Manager M1

Company name	Avg Annual Salary	Open Jobs
Tata Power Manager M1 Salary 12 - 19 years exp. (5 salaries)	₹9 L/yr - ₹18 L/yr 34% more
JSW Energy Manager M1 Salary 12 - 15 years exp. (3 salaries)	₹22 L/yr - ₹24 L/yr 134% more
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L&T Power Manager M1 Salary 5 - 14 years exp. (4 salaries)	₹12.4 L/yr - ₹17.3 L/yr 27% more
Adani Group Manager M1 Salary 16 - 18 years exp. (3 salaries)	₹23.7 L/yr - ₹30 L/yr 146% more
ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.6k salaries)	₹4.5 L/yr - ₹15 L/yr 4% more

Manager M1 salary at Essar Power ranges between ₹5.5 Lakhs to ₹12.4 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Essar Power.

Experience wise Essar Power Manager M1 salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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14 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr

Similar Designation salaries in Essar Power

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(AmbitionBox Estimate)

₹14 L/yr - ₹17.9 L/yr

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Operations Executive Salary

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Senior Operations Manager Salary

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Salary related reviews for Essar Power

Deputy Manager

Electrical maintenance Department

3.0

• posted on 20 Feb 2018

3.0

for Salary and Benefits

Likes

Timely salary in tuff buisness situation of my current sector is the best comman thing to i am & my colleagues are working here.

Job security - Excellent

+2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is high for general shift duties. Sometime have to work 14 to 16hrs. Straight in a day. Managers do not value an individual unique strength. I & colleagues dont not receive appreciation from department managers. No technical guidance from department heads which is panic time to time. 70Km/Up down for duty consums 3hrs travelling time is most worst thing.

Deputy Manager in Jamnagar

Mechanical Department

4.0

• posted on 08 Mar 2019

4.0

for Salary and Benefits

Likes

...l life is well balanced. Job security is high compare to other power industries. Perks, incentives and salary structure is good.

Salary - Good

+5 more

Dislikes

Appraisal process is biased and completely depends on the senior as is the case of every organisation.

Maintenance Engineer in Singrauli

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 22 Sep 2024

1.0

for Salary and Benefits

Likes

There is nothing to like about.

Dislikes

1. Horrible management 2. Bellow par salary 3. Filthy minded people 4. No appraisal for continuous 3 year 5. Highly insensitive employees with too much of insecurity. 6. The list can go on ….

Salary - Bad

+6 more

Deputy Manager-Electrical in Singrauli

Full Time

Electrical Maintenance Department

4.0

• posted on 21 Sep 2021

2.0

for Salary and Benefits

Likes

Essar group culture is really a wonderful experince, Company policy is flexible for employees. Cafeteria is so wide and sport complex is there.

Skill development - Good

+3 more

Dislikes

Management doesn't address our issues salary hike is not better then other MNCs so career growth is slow.

Salary - Poor

+1 more

Manager in Surat

Full Time

Project & Program Management Department

4.0

• posted on 25 Sep 2017

4.0

for Salary and Benefits

Likes

In ESSAR, the one thing you will mostly like is friendly environment created from top to bottom peoples. You will get plenty of opportunity to learn many things. No One is restricted in one fields. Although appraisal and compensation is not at par excellent, but work life balance score overcompensate it.

Salary - Good

+6 more

Dislikes

One common dislike in every Company, that is salary compensation.

see more salary related reviews

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Essar Power Manager M1 Salary FAQs

What is the notice period for Manager M1 at Essar Power?

According to AmbitionBox, 100% of the Essar Power Manager M1s reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Essar Power Manager M1 Salaries

Essar Power Manager M1 salary in India ranges between ₹5.5 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Essar Power latest salaries received from various employees of Essar Power.