Dec 2019 – Aug 2021 · 1 yr 8 mos · Mumbai Area, India

Jul 2018 – Dec 2019 · 1 yr 5 mos

• Levereging on the experience of developing world class solar projects, developing growth for Statkraft's solar activities in India.
• Featured in the list of 100 most powerful solar leaders in India by Solar Quarter.
• Recognised for Active Customer Engagment in the Customer Obsession Awards 2018 by Confederation of Indian Industry (CII).
• Featured in the list of 51 Most Influential Solar Leaders by World CSR Congress

Nov 2015 – Aug 2018 · 2 yrs 9 mos

• Responsible for building a C&I (Commercial and Industrial) solar business in a joint venture.
• Developed a distributed solar company from scratch (2 to 25 people);
• Developed 5 projects in different states in 2 years including utility scale and rooftop solar with "in-house business development, engineering, procurement and asset management capabilities.
• Signed long term PPAs (10-25 years) with several commercial and industrial companies.
• Delivered net profit in the 2nd year of business
• Forged crucial relationships with scores of stakeholders in the industry.
• Won best “in campus project 2017” award by ET Now CSR Awards
• Featured in top 25 green energy companies awards by CEO insights India.

Jan 2015 – Oct 2015 · 9 mos

• Work on an M&A transaction for setting up a joint venture for solar business development in India.

Oct 2012 – Mar 2015 · 2 yrs 5 mos

• Develop, implement and update risk management system (including Risk Manual) for Trading & Origination (T&O), in India
• Evaluate any new contract structures and related terms and conditions and report the risk implication to the management, making sure the contracts fulfill mandate limits. Developed models for assessment of risk and valuation of deals.
• Work closely with Global Risk Management team and South Asia Market Strategy Team and operate in a multinational corporate environment.
• Develop the legal contract structure for the T&O business.
• Support the M&A team in evaluating new equity investments into the hydro power sector especially in valuation and risk management.

Apr 2012 – Sep 2012 · 5 mos

• Liaison with various banks, financial institutions and investors to develop a network of finance providers
• Handled the debt syndication of 45MW project for debt of US$ 40 million and a mezzanine financing transaction of US$ 50 million also lined up programmatic debt of USD 200 million from top multilateral institutions and global commercial banks.

Jun 2010 – Mar 2012 · 1 yr 9 mos

• i. Capital Raising and Investor Relations
• Liaison with potential equity investors and foreign debt providers (renowned international financial institutions and PE funds) on the terms and conditions of their investment into the company and execute their investment process.
• o Interacted and negotiated term sheets with PE funds of size US$ 1 billion to US$ 100 billion for equity investment into the company of US$ 100 – 200 million
• o Interacted with the top multilateral and bilateral financial agencies (Raised appox. US$ 100 million in External Commercial Borrowing)
• o Interacted with sovereign funds of US$ 100 billion size for a Joint venture investment into renewable energy sector.
• Raise equity capital for the company via an Initial Public Offering
• o In-charge of the business and risk portions of the Offer Document
• o Managed the domestic road shows with investors ranging from top 10 mutual fund houses, insurance companies and banks in India
• o Overall in-charge of the PR and media publicity of the IPO and personally attended the broker and analyst road shows in various locations in India.
• Relationship development with stock market, business press and analysts.
• o Interacted with analysts covering power and finance sector
• ii. Project Finance and Risk Management
• Deal sourcing and Deal Structuring according to needs of investee and risk analysis and mitigation avenues of the projects
• Financial analysis on the investment opportunities by extracting and studying data on company, project, market, competition etc by interacting with various stakeholders like banks, investors, government officials etc.
• Appointment of lawyers and consultants and negotiation and finalization of commercial and financial agreements.
• Development of risk management policies, internal credit rating model and software

Jun 2009 – May 2010 · 11 mos

• 1. Project Finance
• 2. Risk Management
• 3. Business Planning/Budgeting
• Prepare the business plan (2009) and annual budget of the company (after 2009) and carry out valuation of equity investments.

Dec 2008 – May 2009 · 5 mos

• ARP is an organization that helps business in being efficient, competitive and agile. We together with the clients, as a partner, can work out the most effective methods for the concerns related to business processes, legal, audits and accounts, market research and IT.

May 2008 – Jun 2008 · 1 mo · Gurgaon, India

• Was posted in the BP India Head Office. Project involved regulatory review of the Indian Power Sector for a potential business opportunity for the group in renewable energy space. Went through various regulations and met up with stakeholders.

Jun 2004 – Jul 2007 · 3 yrs 1 mo

• Worked in the Engineering division.