MSP Steel & Power Electrician Salaries by 4 Employees (Updated 2025)

0 - 5 years exp.

₹0.7 Lakh - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

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)	₹5.5 L/yr - ₹6.7 L/yr
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Teaching & Training Electrician Salary 2 years exp. (AmbitionBox Estimate)	₹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
Tata Steel Electrician Salary 1 - 8 years exp. (190 salaries)	₹1 L/yr - ₹5.4 L/yr 11% less
JSW Steel Electrician Salary 1 - 7 years exp. (120 salaries)	₹1.2 L/yr - ₹5 L/yr 5% more
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Jindal Saw Electrician Salary 1 - 8 years exp. (42 salaries)	₹1.7 L/yr - ₹5 L/yr 6% less
Jindal Stainless Electrician Salary 1 - 12 years exp. (41 salaries)	₹1.4 L/yr - ₹5 L/yr 1% less
Electrotherm Electrician Salary 0 - 14 years exp. (20 salaries)	₹1.6 L/yr - ₹3.6 L/yr 9% less
Jai Balaji Group Electrician Salary 1 - 6 years exp. (13 salaries)	₹1.2 L/yr - ₹3.1 L/yr 30% less
ESL Steel Electrician Salary 1 - 9 years exp. (9 salaries)	₹1.2 L/yr - ₹3.5 L/yr 4% less
Vardhman Special Steels Electrician Salary 3 - 8 years exp. (9 salaries)	₹1.8 L/yr - ₹3.1 L/yr 9% less
Godawari Power & Ispat Electrician Salary 8 - 13 years exp. (8 salaries)	₹2.9 L/yr - ₹5.2 L/yr 50% more
Aarti Steels Electrician Salary 3 - 15 years exp. (7 salaries)	₹1.2 L/yr - ₹3.6 L/yr 12% less
APL Apollo Tubes Electrician Salary 3 - 13 years exp. (7 salaries)	₹1.9 L/yr - ₹3.1 L/yr 17% less
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Steel Authority Of India Electrician Salary 2 - 5 years exp. (7 salaries)	₹1 L/yr - ₹2.5 L/yr 49% less
Jayaswal Neco Industries Electrician Salary 1 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹3 L/yr 39% less
Vizag Steel Electrician Salary 1 - 5 years exp. (6 salaries)	₹0.4 L/yr - ₹2 L/yr 31% less
Ratnamani Metals and Tubes Electrician Salary 4 - 14 years exp. (5 salaries)	₹1.5 L/yr - ₹3.6 L/yr 15% less
Indian Metals & Ferro Alloys Electrician Salary 7 - 14 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 14% more
Mukand Limited Electrician Salary 0 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹2.4 L/yr 34% less
Usha Martin Electrician Salary 1 - 8 years exp. (5 salaries)	₹1.2 L/yr - ₹4.5 L/yr 3% more
Bmm Ispat Electrician Salary 4 - 8 years exp. (4 salaries)	₹1 L/yr - ₹3.6 L/yr 12% less
Maithan Alloys Electrician Salary 11 - 14 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 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.

Experience wise MSP Steel & Power Electrician salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.7 L/yr - ₹0.7 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in MSP Steel & Power

ITI Electrician Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Technician Salary

(3 salaries)

₹3 L/yr - ₹3.6 L/yr

Senior Electrician Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Operator Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Apprentice Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Electrical Engineer Salary

(16 salaries)

₹3.3 L/yr - ₹5.1 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Technician Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Electrical Technician Salary

(3 salaries)

₹1.8 L/yr - ₹5 L/yr

Supervisor Salary

(3 salaries)

₹2 L/yr - ₹3.6 L/yr

Salary related reviews for MSP Steel & Power

Assistant Engineer - Civil in Raigarh

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

Salary - Poor

+2 more

Assistant Engineer in Raigarh

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

Junior Accounts Officer in Kolkata

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.

Salary - Excellent

+6 more

Dislikes

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

Assistant Engineer -Shift In Charge in Raigarh

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.

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.

Assistant Engineer in Raigarh

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.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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.

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MSP Steel & Power Electrician Salaries

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