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MSP Steel & Power Electrician salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹0.7 Lakh - ₹6.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% more than the average Electrician Salary in Iron & Steel Companies for 0 - 5 years of experience

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Salaries in different departments

Consulting
Electrician Salary
5 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.7 L/yr

Teaching & Training
Electrician Salary
2 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Last Updated: 3 Feb 2025

Companies similar to MSP Steel & Power for Electrician

Company name Avg Annual Salary Open Jobs
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Tata Steel Electrician Salary

1 - 8 years exp. (190 salaries)

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₹1 L/yr - ₹5.4 L/yr

arrow icon 11% less
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JSW Steel Electrician Salary

1 - 7 years exp. (120 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 5% more
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Jindal Saw Electrician Salary

1 - 8 years exp. (42 salaries)

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₹1.7 L/yr - ₹5 L/yr

arrow icon 6% less
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Jindal Stainless Electrician Salary

1 - 12 years exp. (41 salaries)

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₹1.4 L/yr - ₹5 L/yr

arrow icon 1% less
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Electrotherm Electrician Salary

0 - 14 years exp. (20 salaries)

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₹1.6 L/yr - ₹3.6 L/yr

arrow icon 9% less
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Jai Balaji Group Electrician Salary

1 - 6 years exp. (13 salaries)

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₹1.2 L/yr - ₹3.1 L/yr

arrow icon 30% less
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ESL Steel Electrician Salary

1 - 9 years exp. (9 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 4% less
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Vardhman Special Steels Electrician Salary

3 - 8 years exp. (9 salaries)

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₹1.8 L/yr - ₹3.1 L/yr

arrow icon 9% less
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Godawari Power & Ispat Electrician Salary

8 - 13 years exp. (8 salaries)

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₹2.9 L/yr - ₹5.2 L/yr

arrow icon 50% more
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Aarti Steels Electrician Salary

3 - 15 years exp. (7 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 12% less
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APL Apollo Tubes Electrician Salary

3 - 13 years exp. (7 salaries)

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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 17% less
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Steel Authority Of India Electrician Salary

2 - 5 years exp. (7 salaries)

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₹1 L/yr - ₹2.5 L/yr

arrow icon 49% less
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Jayaswal Neco Industries Electrician Salary

1 - 4 years exp. (6 salaries)

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₹1.2 L/yr - ₹3 L/yr

arrow icon 39% less
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Vizag Steel Electrician Salary

1 - 5 years exp. (6 salaries)

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₹0.4 L/yr - ₹2 L/yr

arrow icon 31% less
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Ratnamani Metals and Tubes Electrician Salary

4 - 14 years exp. (5 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 15% less
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₹3 L/yr - ₹4 L/yr

arrow icon 14% more
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Mukand Limited Electrician Salary

0 - 6 years exp. (5 salaries)

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₹1.5 L/yr - ₹2.4 L/yr

arrow icon 34% less
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Usha Martin Electrician Salary

1 - 8 years exp. (5 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 3% more
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Bmm Ispat Electrician Salary

4 - 8 years exp. (4 salaries)

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₹1 L/yr - ₹3.6 L/yr

arrow icon 12% less
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Maithan Alloys Electrician Salary

11 - 14 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 11% less
View all
Electrician salary at MSP Steel & Power ranges between ₹0.7 Lakh to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of MSP Steel & Power.

Latest annual salaries shared by MSP Steel & Power Electrician

3d ago
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2 years exp.
1y ago
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2 years exp.
1y ago
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5 years exp.

Experience wise MSP Steel & Power Electrician salaries

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹0.7 L/yr - ₹0.7 L/yr
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
View all

Similar Designation salaries in MSP Steel & Power

ITI Electrician Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Technician Salary
(3 salaries)
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₹3 L/yr - ₹3.6 L/yr
Senior Electrician Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Operator Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Apprentice Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
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₹3.3 L/yr - ₹5.1 L/yr
Trainee Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Senior Technician Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.8 L/yr - ₹5 L/yr
Supervisor Salary
(3 salaries)
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₹2 L/yr - ₹3.6 L/yr

Salary related reviews for MSP Steel & Power

Full Time

 · 

Other Department

2.0
  •  posted on 27 Nov 2023

2.0
 for  Salary and Benefits

Likes

.timely payment of salary

  • Job security - Good

Dislikes

...astructure for civil Department with lack of resources and improper management. the basic pay comes on month start and the variable pay comes on month end which is not shown in pay slip

read more
  • Salary - Poor
  • +2 more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 28 May 2021

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

  • Skill development - Good
  • +2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign

read more

Finance & Accounting Department

4.0
  •  posted on 24 Jun 2019

5.0
 for  Salary and Benefits

Likes

Good infrastructure and technology, Good and friendly atmosphere for working and employees can get good benefit thru working with this company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Some irritating teammates, lack of professional training, not so good hike in salary.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 27 Feb 2025

3.0
 for  Salary and Benefits

Likes

If you are a fresher, there are many things to learn from every department, all heads of all department are cooperative.

read more
  • Skill development - Good
  • +1 more

Dislikes

Lots of politics, salary less, work 12 hrs or more, race discrimination little bit is there but better to ignore and focus on work, get a good opportunity and run out from there.

read more

Full Time

 · 

Engineering - Hardware & Networks Department

1.0
  •  posted on 25 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

People are rude especially all the managers they treated you like slave or worse than that. There is no increment and no health benefits which is the worst one. Every year accident happen and company won't give a penny. All the managers are corrupt and canteen service is like hell they take money for each meal around Rs.55 we complain many times but they won't take any action. This company is run by apprentice students and the funny part is apprentice do overtime and you won't get any help from your managers. Especially in my case my HOD won't give confirmation and it almost 1.5 months and he don't give a shit about you. Very unprofessional person his behaviour is so bad and he don't motivate you rather than loose your confidence of doing work. Please think twice before join this company. This company is all about showoff.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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MSP Steel & Power Electrician Salary FAQs

What is the salary of Electrician at MSP Steel & Power ?
The average salary of a Electrician at MSP Steel & Power in India typically ranges from ₹0.7 Lakhs to ₹6.1 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Electrician at MSP Steel & Power earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Electrician Salaries at MSP Steel & Power 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 4 MSP Steel & Power employees in India.
What is the estimated take home salary of a Electrician at MSP Steel & Power in India?
The estimated take-home salary of a Electrician at MSP Steel & Power in India typically ranges from ₹20,190 to ₹21,850 per month. This is based on the average salary range of ₹0.7 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from Fresher 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 4 salaries received from various employees of MSP Steel & Power. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MSP Steel & Power for Electrician in India?
Godawari Power & Ispat ₹2.9 Lakhs to ₹5.2 Lakhs per year
VISA Steel ₹2.6 Lakhs to ₹4.0 Lakhs per year
Indian Metals & Ferro Alloys ₹3.0 Lakhs to ₹4.0 Lakhs per year
JSW Steel ₹1.2 Lakhs to ₹5.0 Lakhs per year
Usha Martin ₹1.2 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MSP Steel & Power, depending on the role and experience level.
What is the salary of a Electrician in companies similar to MSP Steel & Power in India?
The salary of a Electrician at companies similar to MSP Steel & Power in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jindal Stainless ₹1.4 Lakhs to ₹5.0 Lakhs per year
ESL Steel ₹1.2 Lakhs to ₹3.5 Lakhs per year
Jindal Saw ₹1.7 Lakhs to ₹5.0 Lakhs per year
Electrotherm ₹1.6 Lakhs to ₹3.6 Lakhs per year
Vardhman Special Steels ₹1.8 Lakhs to ₹3.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Electrician at MSP Steel & Power in India?
The salary growth for a Electrician at MSP Steel & Power depends on factors such as experience, performance, and promotions. On average, a Electrician can expect the following growth trajectory at MSP Steel & Power:

Experience Average Salary Range
Fresher ₹0.7 Lakhs to ₹0.7 Lakhs per year
1 year ₹1.0 Lakhs to ₹1.3 Lakhs per year
2 years ₹1.5 Lakhs to ₹3.9 Lakhs per year
3 years ₹2.9 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

MSP Steel & Power Electrician salary in India ranges between ₹0.7 Lakh to ₹6.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.