The Company is founded and promoted by Chandigarh based Mr. Vishal Bhardwaj. After completing the diploma in Electronics and Communication Engineering in the year 1999, Mr. Vishal Bhardwaj started his career working as an engineer in an electrical company and soon after in the year 2006, he decided to set up his own engineering company with a vision and mission to execute projects for power sector. To achieve his vision, he founded M/s. Promax Technologies (a sole proprietorship firm of Vishal Bhardwaj) in the year 2006 and started execution of EPC projects (Engineering, Procurement and construction) of Electric substation & Transmission line, Power distribution, Hydro, Solar power stations etc. Having more than 15 years of rich experience in project management and execution in the sector of EPC of substation, Transmission line, Solar & Wind power projects, he has finalised and executed various projects successfully. Gradually, he felt the need to structure the business from an unorganised sector to an organized sector and well professionally managed organization, so he incorporated "Promax Power Private Limited" a Private Limited company in the year 2017 with a motive to take over the business of M/s. Promax Technologies (sole proprietorship firm of Vishal Bhardwaj) as a going concern basis and to continue the similar and related business activity in the name of the company.
Key Milestones 2006
"M/s. Promax Technologies" a sole proprietary firm, is established by Mr. Vishal Bhardwaj and started the execution of EPC project in power sector.
Opened branch office in Kolkata, West Bengal. 2017 Incorporation of "Promax Power private Limited" as a Private Limited company with a motive to take over the business of M/s. Promax Technologies (a sole proprietorship firm of Vishal Bhardwaj) 2020
Opened branch office in Delhi. The company received ISO certifications Business of M/s. Promax technologies taken over by Promax Power Private Limited as a going concern on a
slump sale "as is where is" basis vide Slump Sale Agreement dated March 31, 2020 at a value of Rs. 1.82
crores. 2021
Opened branch office in Bangalore
The Private Limited got converted into Public Limited
2022
-Promax Power has secured fresh orders worth Rs 43 crore across its various businesses.
2024
-The Company has issued Bonus Shares in the Ratio of 1:1.
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