Mumbai, Maharashtra, India, December 2025 – Basant Jain has taken on a new leadership role as Joint Managing Director & Chief Executive Officer at Bhilwara Energy Limited (BEL). In this role, he will lead BEL’s strategic growth, renewable and conventional power portfolio expansion, and long-term sustainability initiatives across India.
In his current role at Bhilwara Energy Limited, Basant is leading the company’s overall strategy, clean-energy investments, and power portfolio expansion across hydro, wind, and energy storage segments.
Prior to this appointment, he founded Aplos Ventures Private Limited, where he has been focusing on clean-energy advisory, venture building, and strategic investments.
Earlier, Basant spent over a decade with Mahindra Susten Private Limited as Chief Executive Officer, where he played a pivotal role in building one of India’s leading renewable energy platforms, executing over 1000 MW of solar projects across utility-scale, rooftop, and telecom infrastructure segments, and positioning Mahindra Susten as a major cleantech player within the Mahindra Group.
He began his professional journey with Vedanta Resources as Manager, gaining early exposure to large-scale industrial and resource businesses.
Basant holds a PGDBA-CFA in Finance from ICFAI Business School.
Bhilwara Energy Limited (BEL) is the flagship power and energy holding company of the LNJ Bhilwara Group, with over two decades of experience in the power sector. BEL manages a diversified portfolio across hydro, wind, and advanced energy storage, including major hydro projects in Himachal Pradesh and wind power assets in Maharashtra, along with technology-led energy storage initiatives through REPLUS Engitech.
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