Bharat Light and Power (BLP)

2010

For-profit

Energy

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Founders


Details


Region of operation

Maharashtra, Gujarat

Headquarters address

Tower 4A, Ground Floor 001, DLF Corporate Park, DLF Phase III, MG Road, Haryana Gurgaon Country: India Zip: 122002

Target problem

BLP builds, owns and operates renewable energy power plants to generate clean energy.

Key product / Service

Clean Energy

Team size

51-100

Number of beneficiaries

Awards and recognition

Funding and Operating Model


Funding round

Series B

Total funding raised

$ 75000000

Business details

BLP creates clean energy to meet the increasing demand for clean electricity and to address the pressing challenges of global warming and energy security. BLP also offers pre-development and post commissioning services to wind farm developers, operators, owners, investors and lenders, including plant monitoring for analysis. The business segments are targeted to harness both solar and wind energy.Participation of the enterprise through various models including state/central policies and REC mechanism is great. BLP had acquired a part of the wind power assets of DLF Ltd for Rs 282.3 crore ($53 million). The deal involved acquisition of 150 MW capacity wind turbines, located in Kutch (Gujarat).

Partners and key clients

BLP partnered with US technology and consulting company International Business Machines (IBM) Corp to use the latter’s cloud capabilities, analytics and mobility solutions in order to increase its power generation capacity.

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