Bhilwara energy Limited (BEL) is the flagship entity in the power section business of the LNJ Bhilwara Group. It is the principal holding company for all the power ventures.
BEL holds 51% equity stake in Malana Power Company Limited (Kullu) (MPCL), a joint venture with StatKraft, Norway. MPCL owns 86 MW Hydro Electric Project in District Kullu, Himachal Pradesh.
BEL indirectly holds 44.88% holding of AD Hydro Power Limited (Manali) (ADHPL), since MPCL holds 88% stake in ADHPL. ADHPL owns 192 MW Hydro Electric Project in District Manali, Himachal Pradesh.
BEL owns 14 MW wind power project at site Bhendwade, District Kohlapur, Maharashtra.
BEL holds 100% equity in BG Wind Power Limited which owns 20 MW Wind power project at site Dangri, District Jaisalmer, Rajasthan.