BF UTILITIES LTD
CMP: Rs.370
T--Rs.425--450
BF Utilities Limited (BFUL) was incorporated in September of the year 2000, to satiate the power requirements of the Kalyani Group companies and also to lessen the burden on the Electricity Board. Together with its subsidiaries, operates as an independent power producer in India. The company generates electricity through wind-assisted power plants at Thoseghar in Satara District of Maharashtra, as well as through non-conventional sources. The company is headquartered in Pune, India. Power, apart being a scarce commodity, is also a critical element in the Group's activities, which includes steel making, forging, machining etc. The company's Wind Farm is located at Village Maloshi, Boposhi and Kadve Khurd, Taluka Patan, District Satara, in Maharashtra. The division performed extremely well and its assets grew rapidly. The Windmill Division was formed in late nineties to harness the wind energy for captive consumption of Bharat Forge and other group companies.
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