In a significant leadership development, Bajel Projects Limited — a trailblazer in India’s power infrastructure space — has announced the onboarding of Nitesh Bhandari as its new Chief Financial Officer & Joint President, effective May 1, 2025.
With a remarkable journey spanning 26 years, Nitesh brings with him deep expertise in finance, accounting, and investor relations. A Chartered Accountant by profession, he most recently held the post of CFO & Executive Director at Gujarat Gas Limited, a renowned infrastructure services company listed on the BSE, where he was pivotal in steering financial strategy, compliance, and investor confidence.
His appointment at Bajel signals a thoughtful move towards strengthening the company’s financial core as it continues to scale in both Power Transmission and Power Distribution sectors.
“We are confident that Nitesh’s vast and strong expertise in finance & investor relations will be invaluable as Bajel continues to strategically grow the business sustainably going forward,”
– Mr. Rajesh Ganesh, Managing Director and CEO, Bajel Projects Limited.
Nitesh steps into the shoes of Binda Misra, who bids farewell to Bajel after an illustrious 28-year journey of service and dedication. The company extends heartfelt gratitude to Binda for his unwavering commitment and wishes him success in his future pursuits.
Taking charge of Bajel’s evolving financial blueprint, Nitesh expressed:
“I am thrilled to join the dynamic team at Bajel Projects as CFO & Joint President. I look forward to working with the team to contribute to the company’s continued growth, financial stability, and strategic objectives.”
Under his stewardship, Bajel’s fiscal vision is expected to align closely with its ambitious goals, nurturing growth while upholding sustainable practices in the ever-changing energy landscape.
This leadership transition marks not just a change in title, but a deeper evolution of Bajel’s journey — a blend of legacy, innovation, and futuristic ambition. As the power sector prepares for transformative waves, Bajel stands firmly grounded yet ready to ascend higher.
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