About Clean Solar Power (Bhadla) Private Limited
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Clean Solar Power (Bhadla) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hero Solar Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 26 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2016PTC298528. Its GSTIN is 07AAGCC4381F1ZQ (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹310 Cr and a paid-up capital of ₹305 Cr. It was formerly known as Clean Solar Power (Ludhiana) Private Limited. It is led by directors Harish Vinod Pant and Shitanshu Rastogi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 201 Ground Floor Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹191.08 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.34 Cr (net margin 1.8%) and EBITDA of ₹161.11 Cr (EBITDA margin 84.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 23% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hero Future Energies. As per MCA filings, the company has open charges of ₹1,200.75 Cr and satisfied charges of ₹1,464 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹45 Cr; the latest was in November 2019. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 5 smaller; the largest is Azure Power Forty One Private Limited with revenue of ₹193.89 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website herofutureenergies.com.
Company details
Contact details
Clean Solar Power (Bhadla) Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressPlot No. 201 Ground Floor Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Clean Solar Power (Bhadla) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Clean Solar Power (Bhadla) operates one associated brand: Hero Future Energies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Renewable energy projects are developed for utility-scale and commercial use. | herofutureenergies.com |
Business activity
The main business activity of Clean Solar Power (Bhadla) is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Financials of Clean Solar Power (Bhadla) Private Limited
FY 2025 filings availableClean Solar Power (Bhadla) Private Limited reported revenue of ₹191.08 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹161.11 Cr | ||||
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| Net Profit (PAT) | ₹3.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 84.3% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Board of directors of Clean Solar Power (Bhadla) Private Limited
Clean Solar Power (Bhadla) has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Vinod Pant | Director | 13 May 2021 | 5 Years 5 Months | Current |
| Shitanshu Rastogi | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Clean Solar Power (Bhadla) Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azure Power Forty One Private Limited | ₹193.89 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Walwhan Solar MP Limited | ₹191.95 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Clean Solar Power (Bhadla) Private Limitedthis company | ₹191.08 Cr (FY 2025) | ₹3.34 Cr | 1.8% | -7.0% | 15 | New Delhi, Delhi, India |
| Adyah Solar Energy Private Limited | ₹190.2 Cr (FY 2025) | -10.0% | Rajajinagar Bangalore, Karnataka, India | |||
| Arinsun Clean Energy Private Limited | ₹190.1 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Avaada Sustainable Rjproject Private Limited | ₹189.02 Cr (FY 2025) | -6.0% | Noida, Uttar Pradesh, India | |||
| Sprng Agnitra Private Limited | ₹187.8 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Solzen Urja Private Limited | ₹185.93 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Auditor
Clean Solar Power (Bhadla) Private Limited is audited by S R BATLIBOI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & CO LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Clean Solar Power (Bhadla) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2022 | 100649090 | Idbi Trusteeship Services Limited | ₹1,080.75 Cr | Open | |
| 30 Sep 2021 | 100494437 | Idbi Trusteeship Services Limited | ₹120 Cr | Open | |
| 09 Jun 2021 | 100455542 | Idbi Trusteeship Services Limited | ₹14 Cr | Satisfied | |
| 04 Feb 2019 | 100239691 | Idbi Trusteeship Services Limited | ₹1,090 Cr | Satisfied | |
| 05 Apr 2018 | 100173364 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Clean Solar Power (Bhadla) Private Limited has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹45 Cr; the latest was in November 2019.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Acquisition | ₹210 Cr | Buyer: Hero Solar Energy Private Limited |
| Apr 2018 | Acquisition | ₹94.99 Cr | Buyer: Hero Solar Energy Private Limited |
To see the full deal history of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clean Solar Power (Bhadla) Private Limited has 5 court cases on record: 1 filed by Clean Solar Power (Bhadla), 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Kec International Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Kec International Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Solar Energy Corporation of India Limited & Ors. | Disposed |
To see the full case history of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Clean Solar Power (Bhadla) Private Limited was last rated by Crisil on 19 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Aug 2020 |
To see the full credit ratings and regulatory alerts of Clean Solar Power (Bhadla) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clean Solar Power (Bhadla) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clean Solar Power (Bhadla) Private Limited has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Clean Solar Power (Bhadla) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCC4381F1ZQ | Delhi | Active | 07 May 2018 |
| 08AAGCC4381F1ZO | Rajasthan | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Clean Solar Power (Bhadla) Private Limited, buy the company report.
Recent activity
Clean Solar Power (Bhadla) Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Shitanshu Rastogi ceased to be Additional Director on 29 Sep 2023.
15 earlier events are in the company report.
News
Frequently asked questions
Clean Solar Power (Bhadla) is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 26 April 2016 (10+ years old) and is registered under CIN U40106DL2016PTC298528.
Clean Solar Power (Bhadla) has 2 current directors:
- Harish Vinod Pant - Director
- Shitanshu Rastogi - Director
The latest financial statements of Clean Solar Power (Bhadla) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Clean Solar Power (Bhadla) is 07AAGCC4381F1ZQ, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAGCC4381F1ZO (Rajasthan).
The CIN (Corporate Identification Number) of Clean Solar Power (Bhadla) is U40106DL2016PTC298528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Solar Power (Bhadla) has 5 court cases on record: 1 filed by the company and 4 filed against it.
Clean Solar Power (Bhadla) was incorporated on 26 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Clean Solar Power (Bhadla) has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹45 Cr; the latest was in November 2019.
The peers of Clean Solar Power (Bhadla) by revenue are Azure Power Forty One Private Limited, Walwhan Solar MP Limited, Adyah Solar Energy Private Limited, Arinsun Clean Energy Private Limited, Avaada Sustainable Rjproject Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Shitanshu Rastogi ceased to be Additional Director on 29 Sep 2023. Shitanshu Rastogi was appointed as Director on 20 Oct 2022. Harish Vinod Pant ceased to be Additional Director on 30 Jun 2021. Clean Solar Power (Bhadla) has 10 board changes on record in total.
Clean Solar Power (Bhadla) can be reached through the website herofutureenergies.com. Its registered office is in New Delhi, Delhi, India.