Company Intelligence Profile
Bhilwara Energy Limited
Bhilwara Energy Limited is the power holding company of the LNJ Bhilwara Group, with hydro, wind and battery storage interests in India.
Last updated 26 October 2026
Bhilwara Energy Limited is the power-sector holding company of the LNJ Bhilwara Group. It was incorporated in 2006 and is registered in Mandideep, Madhya Pradesh. The company holds hydro projects through Malana Power Company Limited, owns a wind project in Maharashtra, and has an interest in battery storage manufacturing. In FY2024-25 it reported a revenue band of ₹200-300 Cr.
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Company Identity
| Registered name | BHILWARA ENERGY LIMITED |
|---|---|
| CIN | U31101MP2006PLC071693 |
| PAN | AACCB9081B |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 17 December 2006 |
| ROC | RoC Madhya Pradesh (Gwalior) |
| Sector (NIC) | Energy |
| Registered address | C/o HEG Limited, Mandideep, Near Bhopal, District Raisen, Madhya Pradesh, India, 462046 |
| Authorized capital | ₹240.0 Cr |
| Paid-up capital | ₹169.3 Cr |
Business Overview
- Bhilwara Energy Limited is the power-sector holding company of the LNJ Bhilwara Group.
- It holds 51% of Malana Power Company Limited, which runs an 86 MW hydro project in Kullu, Himachal Pradesh.
- It directly owns a 14 MW wind project at Bhendwade, Kolhapur, Maharashtra.
- The company was incorporated in 2006 and is registered in Madhya Pradesh, with its corporate office in Noida.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ravi Jhunjhunwala | 00060972 | Director | - |
| Riju Jhunjhunwala | 00061060 | Managing Director | - |
| Rishabh Jhunjhunwala | 03104458 | Managing Director | - |
| Niharika Bindra | 07183905 | Director | - |
| Yash Kela | 06987721 | Nominee Director | - |
| Pradeep Agarwal | 02370420 | Director | - |
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AACCB9081B1ZU | Maharashtra | AACCB9081B | - |
| 09AACCB9081B1ZS | Uttar Pradesh | AACCB9081B | - |
Financials
- Revenue band ₹200-300 Cr
- Total assets ₹2,116.0 Cr
- Reserves ₹1,636.5 Cr
- Borrowings ₹71.0 Cr
Charges & Borrowings
- No registered charges.
- Borrowings: ₹71.0 Cr (short-term ₹47.5 Cr, long-term ₹23.5 Cr)
Competitors
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