Nova Iron & Steel Power Plant Engineer Salaries by 3 Employees (Updated 2025)

4 - 10 years exp.

₹3.6 Lakhs - ₹7.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Power Plant Engineer Salary in Iron & Steel Companies for 4 - 10 years of experience

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Last Updated: 17 Jan 2025

Companies similar to Nova Iron & Steel for Power Plant Engineer

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Power Plant Engineer Salary 1 - 13 years exp. (15 salaries)	₹3 L/yr - ₹5.6 L/yr 20% less
Power Mech Projects Power Plant Engineer Salary 3 - 11 years exp. (14 salaries)	₹2.8 L/yr - ₹5.5 L/yr 36% less
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Tata Steel Power Plant Engineer Salary 6 - 17 years exp. (12 salaries)	₹3.5 L/yr - ₹10 L/yr 16% more
Reliance Industries Power Plant Engineer Salary 1 - 11 years exp. (11 salaries)	₹3 L/yr - ₹11 L/yr 7% more
Adani Power Power Plant Engineer Salary 9 - 15 years exp. (10 salaries)	₹5.4 L/yr - ₹9 L/yr 24% more

Power Plant Engineer salary at Nova Iron & Steel ranges between ₹3.6 Lakhs to ₹7.4 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Nova Iron & Steel.

Experience wise Nova Iron & Steel Power Plant Engineer salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
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10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Nova Iron & Steel

Assistant Engineer Salary

(4 salaries)

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Production Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(5 salaries)

₹4.19 L/yr - ₹6.15 L/yr

Electrical Engineer Salary

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₹2.15 L/yr - ₹3.95 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Mechanical Engineer Salary

(3 salaries)

₹3 L/yr - ₹3.6 L/yr

Junior Engineer Salary

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₹1.95 L/yr - ₹2.55 L/yr

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₹3.3 L/yr - ₹4 L/yr

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₹6 L/yr - ₹7.11 L/yr

Salary related reviews for Nova Iron & Steel

3.0

Rated by 1 employees for salary & benefits

Assistant HR Administrator in Nova Iron And Steel LTD Dagori Bilha Bilaspur

Human Resources Department

4.0

• posted on 31 Jan 2022

4.0

for Salary and Benefits

Likes

payroll employees attendance maintenance and operating them , Recruitment and joining formalities , bonus ,gratuity, EPF ,ESIC and full and final settlement of employees knowledge

Salary - Good

+5 more

Dislikes

Nothing All is good

Engineer in Bilaspur

Full Time

Energy & Mining Department

3.0

• posted on 25 Jul 2024

2.0

for Salary and Benefits

Likes

Plant has very good scope to develop and good environment to learn better.

Job security - Good

Dislikes

Upper management has no skill to talk.. specially the problem is naukarsahi behaviour.. I think good management always should have smooth communication with working engineers and co-management but if they behave bad with engineers then the mindset and thinking skill stucked which is very hard to work properly because of unethical behaviour.

Salary - Poor

+1 more

Assistant General Manager

Other Department

3.0

• posted on 28 Dec 2019

1.0

for Salary and Benefits

Likes

Teammates ok, training - we were the trainer, job security: Not even a single day, career growth - only for chor and chatoos, Salary appraisal : Pair chune walon ke liye.work environment very poor

Dislikes

All top level peaples are very worst. 420 . You co operate with them they will be happy. Knowledge is of no use.

Salary - Bad

+5 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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Nova Iron & Steel Power Plant Engineer Salary FAQs

How the salary growth look like for a Power Plant Engineer at Nova Iron & Steel in India?

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

Experience	Average Salary Range
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
9 years	₹6.7 Lakhs to ₹8.5 Lakhs per year
10 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Nova Iron & Steel Power Plant Engineer Salaries

Nova Iron & Steel Power Plant Engineer salary in India ranges between ₹3.6 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Nova Iron & Steel latest salaries received from various employees of Nova Iron & Steel.