Advertisement
Advertisement
advertisement

Azure Power Appoints A Chief Executive Officer And A President

Azure Power Global Limited, a leading solar power producer in India, today announced that its board of directors has appointed Mr. Ranjit Gupta as chief executive officer and a member of the Board, and Mr. Murali Subramanian as president, effective July 18, 2019.

"I am excited to join Azure Power and look forward to getting started immediately," said Mr. Gupta. "We welcome the opportunity to work with our new colleagues who established Azure Power as India's leading solar developer. This is an exciting time in Indian renewable markets. We will build on Azure Power's 3 Gigawatt portfolio and solid track record to advance the company and enhance its leadership position, creating value for shareholders, employees and the communities we serve."

Mr. Gupta and Mr. Subramanian were the co-founders and CEO and chief operating officer, respectively, of Ostro Energy, a start-up enterprise that they grew into one of the leading renewable energy companies in India with a portfolio of over 1,000 MWs. Prior to Ostro Energy, Mr. Gupta and Mr. Subramanian were the leading executives at other power companies, including Orange Renewables and IndiaBulls Power. They began their careers at Schlumberger, in various field and management positions.  

As previously announced, Mr. Inderpreet Wadhwa made the decision to retire as CEO and chairman of the board of directors upon the appointment of a new CEO. Mr. Wadhwa will continue to serve as an advisor to the Company until December 31, 2019 to facilitate an orderly transition.  

"We are excited to welcome Ranjit and Murali to Azure Power," said Barney Rush, chair of the Nomination and Governance Committee. "They are proven senior executives who are deeply knowledgeable of the Indian renewable sector. We have confidence that under their leadership, Azure will continue to strengthen its leadership position in the renewable power sector. We would also like to thank Inderpreet Wadhwa for his vision, commitment and skill in building Azure into the strong and dynamic company it is today."

Tags: ,
Advertisement
Advertisement

UPCOMING EVENTS

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter SolarRoofs Karnataka 2019 is almost here! Buy your ticket today https://t.co/CVIqStbToI See you on Oct 04, 2019!… https://t.co/M0Yhv1lvRI
Saturday, 17 August 2019 05:10
SolarQuarter Smart Manufacturing Needs Smart & Clean Energy_Join Us For The Pune Edition - https://t.co/QrKk6xwU19
Friday, 16 August 2019 07:31
SolarQuarter Sri Lanka Solar Week 2019 is almost here! Buy your ticket today https://t.co/HSLG4PzL8E See you on Aug 29, 2019!
Thursday, 15 August 2019 04:30