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LNJ Bhilwara Group Appoints Basant Jain as JMD & CEO, Bhilwara Energy

bySightsIn Plus
Dec 17, 2025 5:49 PM
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LNJ Bhilwara Group, one of India’s leading diversified industrial conglomerates, has announced the appointment of Basant Jain as Joint Managing Director & Chief Executive Officer of Bhilwara Energy Limited (BEL) and its subsidiaries.

BEL is the Group’s clean energy and greentech business platform, anchoring its renewable power and sustainability initiatives.

In his new role, Basant will lead the strategic direction and growth of Bhilwara Energy, with a sharp focus on expanding its renewable energy portfolio, strengthening operational excellence, and creating long-term sustainable value across the Group’s energy and greentech assets.

Extensive Experience

Basant brings over 25 years of leadership experience across renewable energy, infrastructure, and clean technology.

Prior to joining LNJ Bhilwara Group, he was the Founder and CEO of Aplos Ventures Private Limited, where he focused on strategic incubation and entrepreneurship in the solar and cleantech ecosystem.

Earlier, he served as CEO of Mahindra Susten for more than 11 years, where he played a pivotal role in building the company into one of India’s leading solar project developers and clean energy innovators.

During his tenure, he led the execution of over 1,000 MW of solar capacity, making a significant contribution to India’s renewable energy growth.

Previously, he has also held senior leadership roles at Vedanta Resources, Mahindra Group, Hinduja Renewables, GVK Group, and Raymond.

Leadership Statements

Welcoming Basant, the Board of LNJ Bhilwara Group said, “We are delighted to welcome Basant to lead our greentech business. His deep industry expertise and proven ability to scale energy ventures will be instrumental as we strengthen our role in India’s sustainable energy transition.”

Commenting on his new role, Basant Jain said, “I am excited to join the Group at a defining moment for clean energy. Together, we will drive innovation, operational excellence, and long-term stakeholder value while advancing sustainability.”

About LNJ Bhilwara Group

Bhilwara Energy Limited is the cornerstone of LNJ Bhilwara Group’s power sector initiatives, serving as the holding company for its energy ventures and reflecting the Group’s commitment to innovation and sustainable energy solutions


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