Who We Are
Bhavani Power has developed small hydro projects in the mountains of Himachal Pradesh and is an industry leader in this space. With more than 15 years of experience in renewable energy production, we contribute to the energy supply of our country as an Independent Power Producer (IPP). With 4 hydropower projects spread across different parts of Himachal Pradesh, we are responsible for executing projects under 25MW from concept to commissioning and then operating them. The generated carbon-free sustainable power is for distribution in Himachal Pradesh and some parts of North Delhi.
Founder Director
Mr Bhanu Pratap Singh
Bhanu earned his B.A. in Economics from Duke University. Thereafter, he joined J.P. Morgan Chase as an Investment Banking Financial Analyst in New York focusing on the Power Industry vertical. He completed his M.B.A. from the Tuck School of Business, Dartmouth College, and worked as a summer intern at Nomura Securities in the Debt Private Placement Group. Post M.B.A., Bhanu worked in the Leveraged Finance Group of Citigroup in New York where he was involved in structuring and financing leveraged loans and high-yield bonds for large US corporates and Private Equity firms.
Beginning his entrepreneurial journey, Bhanu moved back to India where he founded the Bhavani Group. The group focuses on hydropower projects in the Himalayan belt. In addition to developing future hydro projects, Bhanu served as an independent director on Public Company boards and is also evaluating new technologies in the Renewable Energy space. Bhanu is actively involved with Industry Associations and has served on Advisory Committees in the hydropower sector.
Advisory Board Members
Mr Dhirendra Singh
A distinguished former IAS officer and Union Home Secretary of the Government of India, he has extensive experience in various domains including Public Policy and Administration, Economic and Development Administration, Public Sector, Defence, Internal and External Security, Diplomacy, and International Development programmes. He was a part of the 1968 batch of IAS Officers of the Karnataka Cadre and held several important positions in the State and at the Centre.
After his retirement, Mr Singh served as a Member of the Commission on Centre-State Relations, which was chaired by Justice M M Punchhi (former Chief Justice of India). Being an avid writer, his articles are published in leading publications, and he has co-authored the book ‘Sentinel of Raisina Hill’ with Mohan Joseph. Mr Singh is presently on the board of HCL Infosystems and JM Financial and the Advisory Council of the Vivekanand International Foundation.
Mr Ajay Mittal
A retired IAS officer of the Himachal Pradesh cadre from the 1982 batch, he has held various important positions in Himachal Pradesh such as Principal Secretary to the Chief Minister, Principal Secretary of PWD, Home, Energy, and Chairman of Himachal Pradesh State Electricity Board. Mr Mittal also served as Secretary for Information and Broadcasting and the Secretary of the Department of Personnel and Training (DoPT) in the Centre.
After serving the nation for almost four decades, he is an experienced arbitrator for public sector undertakings and is now involved in social work and giving back to society.
Mr M Narendra
Mr M Narendra is a highly respected and accomplished banking professional who recently retired as the CMD of Indian Overseas Bank (IOB). He has also served as the Executive Director for Bank of India (BOI) and as Chief General Manager for Corporation Bank. Throughout his extensive career in the banking industry, he has received several prestigious awards in recognition of his outstanding performance and exceptional contribution to the Indian Banking sector. He has also been a member of RBI's Technical Advisory Committee on Money, Forex and Government Securities Markets, and has held various esteemed councils and committees with the Indian Bank's Association (IBA).
Currently, he serves as the chairman of the ASSOCHAM National Council for Banking & Finance. Additionally, Mr Narendra is an Independent Director for companies such as Adani Enterprises Ltd, and Mahindra Rural Housing Finance Ltd, amongst others.