

Details of Bajaj Energy Ltd
Bajaj Energy Limited is the largest private-sector thermal generation company in India. The company was incorporated as Bajaj Energy Private Limited in 1988. Later, it was changed as a public company and was named Bajaj Energy Limited. The company operates a power business under Bajaj Energy Ltd and LPGCL. They have a track record of developing, financing and operating thermal power plants in India. BEL and LPGCL power plants have been successfully operational since 2012 and 2016 respectively.
Promoters of the company
- Shishir bajaj
- Bajaj Minakshi
- Bajaj Kushagra
- Apoorva Bajaj
Financial Status of Bajaj Energy Limited
For the nine-month period ended December 31, 2018, 2017, and the years ended March 31, 2016, 2017 and 2018, BEL on a consolidated basis generated a total the revenue of Rs 7,220.51 million, ₹ 14,070.99 million, Rs 14,058.76 million and ₹ 8,976.25 million, respectively, and a profit/(loss) of ₹ 395.64 million, Rs 1,028.35 million, ₹ 1,077.12 million and ₹ (33.95) million, respectively.
Particulars | For the 9 months ended ( in Rs. million) | For the year ended ( in Rs. million) | |||
December 31, 2018 | December 31, 2017 | March 31, 2018 | 31, March 2017 | March 31, 2016 | |
Total Assets | 6,201.77 | 35,399.47 | 34,741.55 | 36,840.97 | 35,900.48 |
Total Revenue | 7,220.51 | 6,542.46 | 8,976.25 | 14,058.76 | 14,070.99 |
Profit after tax | 395.64 | 76.68 | 33.95 | 1,077.12 | 1,028.35 |
Competitive Strengths
- One of the largest independent power producer in Uttar Pradesh with long-term
- Secured Fuel Supply
- Successful track record of developing, financing and operating thermal power plants
- Well-positioned to capitalize on the growth and demand of the power industry
- Extensive operational experience
Business Strategies
- Continued expansion of the portfolio
- Enhanced productivity and operational efficiencies
- Optimizing the value of the asset portfolio through an efficient capital structure
BEL and LPGCL have entered into long-term fuel supply agreements with Central Coalfields Ltd, a subsidiary of Coal India Ltd. The gross capacity of 2,430 MW in respect of BEL operational power plants, comprising 450 MW from the BEL power plants and 1,980 MegaWatt from the LPGCL power plant.
Company Contact Details
Bajaj Bhawan, Jamnalal Bajaj Marg B-10, Sector-3,
Near Rajni Gandha Chowk, Jamnalal Bajaj Marg,
Noida-201301, Uttar Pradesh, India
http://www.bajajenergy.com/
One Comment
[…] Now, Bajaj Energy Ltd received SEBI approval for Rs 5,450 crore IPO issue. As of the draft prospectus, the IPO comprises a fresh issue of Rs 5,150 crore and an offer for sale of Rs 300 crores by Bajaj Power Ventures. […]