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About
Basic Data Updated:
26 days agoThe establishment and operation of a 500 MW lignite-based pithead power plant at Padva village, Bhavnagar in Gujarat is the result of the efforts of Bhavnagar Energy Company Limited. This special purpose vehicle was promoted by 7 Gujarat state Public Sector Units (PSUs) with the goal of providing reliable and sustainable energy to the region. The company has entered into a power purchase agreement (PPA) for 25 years with Gujarat Urja Vikas Nigam Ltd, ensuring the off-take of power on an ex-plant (bus bar) basis. According to a credit rating report, the project implementation began and the first unit of 250 MW (Unit-I) was originally expected to achieve commercial operation date (COD) within three years from the project start date. Similarly, the COD for the second unit of 250 MW (Unit-II) was also envisioned. While Unit-I successfully achieved COD, Unit-II also achieved COD, marking a significant milestone for the company and the region. The project has not only provided a reliable source of energy but has also contributed to the economic growth and development of the area. Bhavnagar Energy Company Limited continues to strive towards its mission of providing sustainable and affordable energy to the people of Gujarat.
Industry
Company Details
- Location
Gandhinagar, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U40102GJ2007SGC051396 |
| Company No. | 051396 |
| Company Classification | Public Limited State Government Company |
| Incorporation Date | 26 Jul 2007 |
| Date of AGM | 30 Sep 2016 |
| Date of Balance Sheet | 31 Mar 2016 |
| Listing Status | Unlisted |
| ROC Code | Roc Ahmedabad |
Financials of Bhavnagar Energy Company Limited
Bhavnagar Energy Company Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 252082211.27% increase. The company also saw a substantial fall in profitability, with a 6985.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.67%.
Corporate Structure
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People in Bhavnagar Energy Company Limited
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Executive Team (2)
HP
Harshadkumar Patel
Managing DirectorAppointment Date: 03-Apr-2018
Status: Current
SD
Shriram Didmishe CFOAppointment Date: 13-Dec-2017
Status: Current
Board Members(10)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
31 years 2 months 
Recent activity within the organization
Director Appointment
Harshadkumar Ratilal Patel was appointed as a Managing Director was appointed as a Managing Director on 03 Apr 2018 & has been associated with this company since 6 years 1 month .
03 Apr 2018Director Appointment
Dilip Vinodray Parikh was appointed as a Nominee Director was appointed as a Nominee Director on 28 Feb 2018 & has been associated with this company since 6 years 2 months .
28 Feb 2018Director Appointment
Shahmeena Syedafzal Husain was appointed as a Nominee Director was appointed as a Nominee Director on 01 Sep 2017 & has been associated with this company since 6 years 8 months .
01 Sep 2017Director Appointment
Milind Shivaram Torawane was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jul 2017 & has been associated with this company since 6 years 9 months .
25 Jul 2017Annual General Meeting
Bhavnagar Energy Company Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
30 Sep 2016
Frequently asked questions
What is the Incorporation or founding date of Bhavnagar Energy Company Limited?
