Ajay Prakash Kushwaha,MIE CEng(I)

CEO

Gurugram, Haryana, India18 yrs 3 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Over 14 years in the Indian power sector.
  • Expert in project appraisal and loan sanctioning.
  • Passionate about sustainable energy initiatives.
Stackforce AI infers this person is a Power Sector professional with extensive experience in project management and financing.

Contact

Skills

Core Skills

Project ManagementEngineeringDebt FinancingRenewable Energy

Other Skills

AppraisalClaim ProcessingFinancial ControlLegal DocumentationLoan SanctioningLoss ReductionMIS ManagementMicrosoft ExcelMicrosoft OfficeMicrosoft PowerPointMonitoringProject AppraisalProject MonitoringQuality ControlScheme Monitoring

About

I am an engineering professional with over 14 years of experience in the Indian power sector, specializing in project appraisal, loan sanctioning, disbursement, and implementation monitoring. Currently, I serve as Chief Manager (Engineering) at REC Limited HQ, Gurugram, where I am also the State Nodal Officer (RDSS) for Uttar Pradesh, UT of Jammu & Kashmir, and UT of Ladakh. In my current role, I oversee the sanctioning and execution of key power distribution projects, including smart distribution systems, modernization of infrastructure, and electrification initiatives. I work closely with stakeholders and government bodies to ensure the successful implementation of RDSS schemes, focusing on loss reduction and smart metering efforts. Previously, I contributed to significant projects across Uttar Pradesh and Jammu & Kashmir, managing large-scale loans and electrification initiatives that transformed power infrastructure and rural connectivity. Passionate about sustainable energy and infrastructure modernization, I am committed to driving impactful change in India's power sector. Let’s connect to collaborate and shape the future of energy!

Experience

Rec limited

7 roles

Chief Manager

Promoted

Jul 2023Present · 2 yrs 8 mos

  • The work profile mainly includes annual evaluation of states (mainly Uttar Pradesh, J&K, and Ladakh) under RDSS, appraisal of various proposals of state DISCOMs to Monitoring Committees of Government of India for approval. Review and Monitoring of projects of Loss Reduction works, advanced metering infrastructure works, Modernization of distribution infrastructure and Smart distribution system in cities like Varanasi, NOIDA and Kanpur, Border area electrification in Ladakh and electrification of particularly vulnerable tribal groups and tribal households in UP, J&k and Ladakh.
Project AppraisalScheme MonitoringLoss ReductionSmart MeteringProject ManagementEngineering

Manager

Jul 2020Aug 2023 · 3 yrs 1 mo

  • Development of REC business in state of Uttar Pradesh. Sanction, legal documentation, disbursement, monitoring and closure of loans to Power Generation/Transmission/Distribution projects in utilities of UP for debt financing by REC. Key Projects include 3X660 MW Ghatampur TPP, 2X660MW Obra-C TPP, 2X660 MW Jawaharpur TPP, 1X660MW Panki TPP and 2x500 MW Anpara-D TPP, FGDs for thermal power plant.Project monitoring, fund disbursement , closure. Sanction & disbursement of Loan component of DDUGJY and SAUBHAGYA schemes of GoI in UP state.
Loan SanctioningLegal DocumentationProject MonitoringProject ManagementDebt Financing

Deputy Manager

Jul 2018Jul 2020 · 2 yrs

  • Development of REC business in state of Uttar Pradesh. Sanction of new projects to Power Generation/Transmission/Distribution utilities of UP for debt financing by REC. Project monitoring, fund disbursement , closure. Sanction & disbursement of Loan component of DDUGJY and SAUBHAGYA schemes of GoI in UP state. Nodal Officer for IT , Urja Mitra and 11 KV feeder monitoring scheme of GoI in UP.
Loan SanctioningProject MonitoringProject ManagementDebt Financing

Assistant Manager

Oct 2016Jul 2018 · 1 yr 9 mos

  • Deen Dayal Upadhyaya Gram Jyoti Yojana & appraisal, claim processing and monitoring of generation , transmission and distribution projects of Uttar Pradesh for debt financing by REC.
Project AppraisalClaim ProcessingProject Management

Assistant Manager

Jul 2015Jul 2018 · 3 yrs

  • Worked as Assistant Manager (Technical) to monitor various project activities related to already sanctioned X,XI, XII plan RGGVY and DDUGJY projects and to appraise new projects in J&K under these yojanas. Other responsibilities include techno- economic appraisal and monitoring of T&D loan schemes sanctioned by REC to GoJ&K, and appraisal of New HEPs ( hydroelectric projects) , disbursements claim processing in already sanctioned HEPs in J&K.
Technical AppraisalMonitoringProject Management

Senior Executive Engineer

Promoted

Jul 2012Jun 2015 · 2 yrs 11 mos

  • Appraisal Officer
  • Key Responsibilities:
  • Conducted techno-economic appraisals of new DPRs, project revisions, closures, disbursements, and scheme monitoring for flagship programs like RGGVY and DDUGJY.
  • Ensured quality control and monitored scheme implementation for rural electrification projects.
  • Managed MIS for X, XI, and XII plan schemes, providing insights for informed decision-making.
  • Appraised schemes worth Rs 1600 crore for the Government of Jammu & Kashmir under the National Electricity Fund (NEF).
  • Technical Expertise:
  • Conducted techno-economic appraisals of pumpset energization and system strengthening schemes for loan sanctioning to the Government of Jammu & Kashmir.
  • Served as REC liaison and appraisal officer for debt financing of new small-hydro and hydroelectric projects for GENCO, J&K.
  • Achievements:
  • Successfully appraised and monitored large-scale rural electrification projects, ensuring efficient implementation and quality control.
  • Facilitated debt financing for renewable energy projects, contributing to the growth of sustainable energy infrastructure.
  • Key Skills
  • Project Appraisal
  • Techno-Economic Analysis
  • Scheme Monitoring
  • Quality Control
  • MIS Management
  • Renewable Energy
  • Debt Financing
  • Rural Electrification
Techno-Economic AppraisalQuality ControlMIS ManagementProject ManagementRenewable Energy

Engineer

Oct 2010Jun 2012 · 1 yr 8 mos

  • Worked as Technical officer for appraisal, scheme monitoring , financial control and quality control of 14 district projects of 'RAJIV GANDHI GRAMEEN VIDYUTIKARAN YOJANA' in J&K state
AppraisalFinancial ControlProject Management

Krishak bharati co-operative limited

Graduate Engineer Trainee

Aug 2010Oct 2010 · 2 mos · Surat, Gujarat

  • Graduate Engineer Trainee (Electrical Maintenance) at UREA plant

National institute of technology srinagar

Member Students welfare fund committee

Aug 2007Jul 2010 · 2 yrs 11 mos

  • Worked as Students Representative for Student Welfare Fund Committee of institute.

Education

National Institute of Technology Srinagar

Bachelor of Technology — Electrical Engineering

Jan 2006Jan 2010

Indira Gandhi National Open University

Master of Business Administration - MBA — Finanacial Management

Jan 2013Jan 2018

Indian Institute of Human Rights, New Delhi

PGDHR — Human Rights

Jan 2010Jan 2013

Kendriya Vidyalaya

Intermediate — Science

Jan 1992Jan 2004

Dr. Ram Manohar Lohiya National Law University, Lucknow

PG Diploma in Intellectual Property Rights

Jan 2017Jan 2018

Dr. Ram Manohar Lohiya National Law University, Lucknow

Post graduate diploma — Cyber Laws

Aug 2018Apr 2019

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