Bajaj Energy IPO

About Bajaj Energy

Bajaj Energy (BEL), established in 2008, along with Lalitpur Power Generation Company (LPGCL), is one of the largest private sector thermal generation companies in Uttar Pradesh with a track record of developing, financing, and operating thermal power plants in India. The company’s aggregate installed capacity of 2,430 MW for the BEL Power Plants and the LPGCL Power Plant is fully contracted for under the long-term power purchase agreements (PPA) entered into with certain state government-owned procurers through UPPCL. Strengths The company is one of the largest independent power producers in Uttar Pradesh with long-term, regulated PPAs with a take-or-pay feature. It is well-positioned to capitalize on the growth and demand of Uttar Pradesh’s power industry. As per CRISIL’s report, over 14 million households in Uttar Pradesh are not connected to power over Fiscals 2019 to 2022. It has a successful track record of developing, financing, and operating thermal power plants. It has a secured long-term fuel supply agreement with Central Coal Fields Limited, which is a subsidiary of Coal India Limited (CIL) +91 80 4718 1888 --> © 2010 - 2026, Zerodha Broking Ltd. All rights reserved. Account Open demat account Minor demat account NRI demat account HUF demat account Commodity Dematerialisation Fund transfer MTF Support Contact us Support portal How to file a complaint? Status of your complaints Bulletin Circular Z-Connect blog Downloads Company About Philosophy Press & media Careers Zerodha Cares (CSR) Zerodha.tech Open source Referral program Quick links Upcoming IPOs Brokerage charges Market holidays Economic calendar Calculators Markets Sectors Gift Nifty Zerodha Broking Ltd.: Member of NSE, BSE, MCX & MSEI – SEBI Registration no.: INZ000031633 CDSL/NSDL: Depository services through Zerodha Broking Ltd. – SEBI Registration no.: IN-DP-431-2019 Registered Address: Zerodha Broking Ltd., #153/154, 4th Cross, Dollars Colony, Opp. Clarence Public Sc