Bhilangana Hydro Power Limited
Promoter
Mr. Sanjiv Saraf is an alumnus of The Scindia School and a graduate from IIT, Kharagpur (1980). After completing his graduation, he joined his family business in Orissa. In 1984, he ventured out on his own to establish Polyplex Corporation. Sanjiv Saraf has built an outstanding organization with exemplary values and ethos which are widely respected and admired in the industry, as well as within the financial markets- being publicly listed both in India and its subsidiaries are listed in Thailand .
Bhilangana Hydro Power Limited
[CIN: U40102UR2006PLC032491]
Bhilangana Hydro Power Limited was initially incorporated in the State of Delhi on January 31, 2006 under the provisions of the Companies Act, 1956. The Company received its Certificate for Commencement of Business on 13 February 2006. Registered Office of the Company was shifted from the State of Delhi to Uttaranchal (Now known as Uttarakhand) vide order of Company Law Board (CLB) dated 9 August 2007 and Certificate of Registration no. U40102UR2006PLC032491 was issued by Registrar of Companies, Uttar Pradesh and Uttaranchal on 8 October 2007.
BHPL has been incorporated to set up Bhilangana III, run of the river Small Hydro Power Project in the State of Uttarakhand. The Company is promoted by Mr. Sanjiv Saraf. Mr. Saraf, aged 63 years, is an engineering graduate from IIT Kharagpur, with experience of over 37 years.
The Company is operating 24 MW Hydro Electric Power Plant on BOOT (Build Own Operate Transfer) basis with an initial concession period of 40 years. The project is located on Bhilangana River on Ghansyali – Ghuttu road and is at a distance of about 160 km from Rishikesh via New Tehri Township. The nearest railhead is Rishikesh, which is well connected to rest of the country by rail and road.
The project utilizes the waters of perennial Bhilangana River fed by glacial snow and monsoon rains for the purpose of harnessing hydro power. Bhilangana River is one of the major tributaries of the Bhagirathi River. Bhilangana River meets the Bhagirathi River near Old Tehri town just upstream of the Tehri dam. Bhagirathi River further meets the Alaknanda River at Devprayag and from there onwards it is known as Ganga River.
Previous
Next