M E Energy Principal Engineer Salaries by 10 Employees

1 - 5 years exp.

₹4.6 Lakhs - ₹6.8 Lakhs

Salary of majority employees

83% less than the average Principal Engineer Salary in Power Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Quality Assurance Principal Engineer Salary 4 - 5 years exp. (4 salaries)	₹4.6 L/yr - ₹6.8 L/yr
Production, Manufacturing & Engineering Principal Engineer Salary 1 - 4 years exp. (3 salaries)	₹4.6 L/yr - ₹5 L/yr
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Research & Development Principal Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.8 L/yr

Last Updated: 27 Feb 2024

Companies similar to M E Energy for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Principal Engineer Salary 4 years exp. (4 salaries)	₹5.4 L/yr - ₹6.9 L/yr 13% more
Larsen & Toubro Limited Principal Engineer Salary 10 - 25 years exp. (7 salaries)	₹24 L/yr - ₹45 L/yr 448% more
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Siemens Principal Engineer Salary 12 - 14 years exp. (5 salaries)	₹19.9 L/yr - ₹43.5 L/yr 537% more
The Indure Principal Engineer Salary 12 - 14 years exp. (5 salaries)	₹12.6 L/yr - ₹15.8 L/yr 159% more
HARMAN Principal Engineer Salary 9 - 15 years exp. (468 salaries)	₹17 L/yr - ₹51.1 L/yr 550% more	10 job openings

Principal Engineer salary at M E Energy ranges between ₹4.6 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of M E Energy.

Experience wise M E Energy Principal Engineer salaries

Last Updated: 27 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹9.2 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.3 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.6 L/yr
5 years (3 salaries)	₹4.6 L/yr - ₹6.8 L/yr

Similar Designation salaries in M E Energy

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Lead Engineer Salary

(6 salaries)

₹6.96 L/yr - ₹8 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Top skills at M E Energy for Principal Engineer

Thermal Plant EPC Pressure Vessels Cost Reduction Customer Complaints Process Design Detail Engineering QAC Instrumentation Engineering Fabrication Mechanical Engineering Mechanical Design Heat Treatment Construction Management Proposal Engineering

Salary related reviews for M E Energy

5.0

Rated by 3 employees for salary & benefits

Assistant General Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 06 Jan 2023

2.0

for Salary and Benefits

Likes

Canteen facility is nice. Also the location during mansoon becomes very nice. However it’s too remote from city.

Dislikes

Irregular salary. Commute to work is very tough. If you are late you can’t get any private transport.

Salary - Poor

+5 more

Process Design Proposal in Markal

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Jun 2023

1.0

for Salary and Benefits

Likes

Get to know how to go through your worst part of life After working there you can go to any toxic place where you will feel better.

Dislikes

Bad work culture. Politics by employees. Salary not on time. No appraisal. No value for employees. No voice for employees rights. Favoratism by the management. No limit in working hours. No transportation access as it is in a remote area. Employees are puppet of management. HR is a email drafter of management. If you still want to join this organisation connect with people who worked there.

Salary - Bad

+6 more

Principal Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 17 May 2024

5.0

for Salary and Benefits

Likes

I have had the privilege of working with ME Energy Pvt Ltd and I can confidently say that it's a company that values its employees and fosters a culture of growth and innovation. Some key highlights of the company culture are learning opportunity, supportive environment, work life balance along with career growth and so much more. In short ME Energy is not just a workplace but it's a community where you learn thrive and make a difference. If you are looking for a company that values its employees and offers exciting challenges, ME Energy is the right place to be!!!!!

Salary - Excellent

+6 more

Dislikes

Nothing to dislike about ME Energy...

Junior Accounts Officer in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 16 May 2024

5.0

for Salary and Benefits

Likes

You will never find this type of company in the market,trust me work culture is very friendly and people are also kind for each other.😍 Company owner - Mr.kartha is very supportive and polite with employees. I am happy to being a part of M.E.ENERGY PVT.LTD

Salary - Excellent

+6 more

Dislikes

There is no chance to dislike

Sales & Marketing Representative in Pune

Full Time

Sales & Business Development Department

5.0

• posted on 16 May 2024

5.0

for Salary and Benefits

Likes

The best part of M.E Energy is the legacy. The working culture and environment at M.E Energy is good and positive. The management is involved and supportive, the collogues encourage to learn and grow.

Salary - Excellent

+6 more

Dislikes

Nothing to dislike.

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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M E Energy Principal Engineer Salary FAQs

What is the salary of Principal Engineer at M E Energy ?

The average salary of a Principal Engineer at M E Energy in India typically ranges from ₹4.6 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Principal Engineer at M E Energy earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Principal Engineer Salaries at M E Energy can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 M E Energy employees in India.

What is the estimated take home salary of a Principal Engineer at M E Energy in India?

The estimated take-home salary of a Principal Engineer at M E Energy in India typically ranges from ₹39,915 to ₹41,081 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of M E Energy. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Engineer at M E Energy ?

To be a Principal Engineer at M E Energy in india, the key skills required include:

- Thermal Plant
- EPC
- Pressure Vessels
- Cost Reduction
- Customer Complaints

These skills are highly valued at M E Energy and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than M E Energy for Principal Engineer in India?

HARMAN	₹17.0 Lakhs to ₹51.1 Lakhs per year
Siemens	₹19.9 Lakhs to ₹43.5 Lakhs per year
Larsen & Toubro Limited	₹24.0 Lakhs to ₹45.0 Lakhs per year
The Indure	₹12.6 Lakhs to ₹15.8 Lakhs per year
Thermax Limited	₹5.4 Lakhs to ₹6.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by M E Energy, depending on the role and experience level.

How the salary growth look like for a Principal Engineer at M E Energy in India?

The salary growth for a Principal Engineer at M E Energy depends on factors such as experience, performance, and promotions. On average, a Principal Engineer can expect the following growth trajectory at M E Energy:

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹9.2 Lakhs per year
2 years	₹2.1 Lakhs to ₹5.3 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹9.6 Lakhs per year

and so on.

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M E Energy Principal Engineer Salaries

M E Energy Principal Engineer salary in India ranges between ₹4.6 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 M E Energy latest salaries received from various employees of M E Energy.