MSP Steel & Power Senior Electrical Engineer Salaries by 7 Employees

7 - 10 years exp.

₹3.7 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Senior Electrical Engineer Salary in Iron & Steel Companies for 7 - 10 years of experience

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Salaries in different departments

Construction & Site Engineering Senior Electrical Engineer Salary 7 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹5.2 L/yr
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Production, Manufacturing & Engineering Senior Electrical Engineer Salary 7 - 9 years exp. (3 salaries)	₹3.7 L/yr - ₹5.2 L/yr

Last Updated: 10 Jan 2024

Companies similar to MSP Steel & Power for Senior Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
JSW Steel Senior Electrical Engineer Salary 5 - 15 years exp. (39 salaries)	₹4 L/yr - ₹9.5 L/yr 48% more
Tata Steel Senior Electrical Engineer Salary 4 - 12 years exp. (24 salaries)	₹3.7 L/yr - ₹9 L/yr 44% more
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Electrotherm Senior Electrical Engineer Salary 4 - 12 years exp. (19 salaries)	₹4.4 L/yr - ₹7.6 L/yr 36% more
Kirloskar Ferrous Industries Senior Electrical Engineer Salary 3 - 10 years exp. (14 salaries)	₹4.5 L/yr - ₹7.2 L/yr 36% more
ESL Steel Senior Electrical Engineer Salary 2 - 11 years exp. (12 salaries)	₹4.5 L/yr - ₹8.4 L/yr 31% more
Indian Metals & Ferro Alloys Senior Electrical Engineer Salary 8 - 13 years exp. (11 salaries)	₹4.8 L/yr - ₹10 L/yr 40% more
APL Apollo Tubes Senior Electrical Engineer Salary 8 - 14 years exp. (8 salaries)	₹5.5 L/yr - ₹9.3 L/yr 51% more
Jindal Saw Senior Electrical Engineer Salary 5 - 16 years exp. (8 salaries)	₹4 L/yr - ₹8.5 L/yr 38% more
Aarti Steels Senior Electrical Engineer Salary 5 - 9 years exp. (6 salaries)	₹4 L/yr - ₹6.2 L/yr 11% more
Jai Balaji Group Senior Electrical Engineer Salary 3 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹5 L/yr 6% less
Ratnamani Metals and Tubes Senior Electrical Engineer Salary 3 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹6.2 L/yr 17% more
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Bmm Ispat Senior Electrical Engineer Salary 10 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹8.5 L/yr 9% more
Maithan Alloys Senior Electrical Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹4.4 L/yr 28% less
ISMT Senior Electrical Engineer Salary 10 - 13 years exp. (4 salaries)	₹5.5 L/yr - ₹8.1 L/yr 56% more
Jayaswal Neco Industries Senior Electrical Engineer Salary 6 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹5.4 L/yr 3% more
Uttam Value Steels Senior Electrical Engineer Salary 8 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 24% more
Godawari Power & Ispat Senior Electrical Engineer Salary 7 - 11 years exp. (3 salaries)	₹4.8 L/yr - ₹8 L/yr 53% more

Senior Electrical Engineer salary at MSP Steel & Power ranges between ₹3.7 Lakhs to ₹5.2 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Senior Electrical Engineer salaries

Last Updated: 10 Jan 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
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9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.2 L/yr

Similar Designation salaries in MSP Steel & Power

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Assistant Electrical Engineer Salary

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Senior Engineer Salary

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Shift Engineer Salary

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₹3.2 L/yr - ₹4.1 L/yr

Assistant Engineer Salary

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₹2 L/yr - ₹4.8 L/yr

Electrical Technician Salary

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₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for MSP Steel & Power

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

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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MSP Steel & Power Senior Electrical Engineer Salary FAQs

What is the salary of Senior Electrical Engineer at MSP Steel & Power ?

The average salary of a Senior Electrical Engineer at MSP Steel & Power in India typically ranges from ₹3.7 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Senior Electrical Engineer at MSP Steel & Power earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Senior Electrical Engineer 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 7 MSP Steel & Power employees in India.

What is the estimated take home salary of a Senior Electrical Engineer at MSP Steel & Power in India?

The estimated take-home salary of a Senior Electrical Engineer at MSP Steel & Power in India typically ranges from ₹33,852 to ₹35,108 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 7 years to 10 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 7 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 Senior Electrical Engineer in India?

ISMT	₹5.5 Lakhs to ₹8.1 Lakhs per year
Godawari Power & Ispat	₹4.8 Lakhs to ₹8.0 Lakhs per year
APL Apollo Tubes	₹5.5 Lakhs to ₹9.3 Lakhs per year
JSW Steel	₹4.0 Lakhs to ₹9.5 Lakhs per year
Tata Steel	₹3.7 Lakhs to ₹9.0 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 Senior Electrical Engineer in companies similar to MSP Steel & Power in India?

The salary of a Senior Electrical Engineer at companies similar to MSP Steel & Power in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Metals & Ferro Alloys	₹4.8 Lakhs to ₹10.0 Lakhs per year
Jindal Saw	₹4.0 Lakhs to ₹8.5 Lakhs per year
Kirloskar Ferrous Industries	₹4.5 Lakhs to ₹7.2 Lakhs per year
Electrotherm	₹4.4 Lakhs to ₹7.6 Lakhs per year
ESL Steel	₹4.5 Lakhs to ₹8.4 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 Senior Electrical Engineer at MSP Steel & Power in India?

The salary growth for a Senior Electrical Engineer at MSP Steel & Power depends on factors such as experience, performance, and promotions. On average, a Senior Electrical Engineer can expect the following growth trajectory at MSP Steel & Power:

Experience	Average Salary Range
7 years	₹3.7 Lakhs to ₹4.5 Lakhs per year
8 years	₹1.8 Lakhs to ₹4.5 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.2 Lakhs per year
10 years	₹4.5 Lakhs to ₹5.2 Lakhs per year

and so on.

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MSP Steel & Power Senior Electrical Engineer Salaries

MSP Steel & Power Senior Electrical Engineer salary in India ranges between ₹3.7 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.