— of that; — whose nature is sovereignty; — in the state of bondage (the bound soul); — the revealer (that which discloses it); — (is) the power of knowledge (Vidyā-śakti); — that which causes concealment; — named māyā; — on the other hand
The power of knowledge (Vidyā-śakti) is what reveals that sovereign nature within the state of bondage; the power that causes (its) concealment, on the other hand, is named māyā.