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Azure Power Global Limited, a leading independent sustainable energy solutions provider and renewable power producer in India, today announced that Mr. Harsh Shah will be joining as the Chief Executive Officer, effective July 1, 2022.
Mr. Shah was the former Chief Executive Officer at IndiGrid, India’s largest Infrastructure Investment Trust (InvIT), in the Indian energy sector. It manages and owns power transmission networks as well as renewable energy assets valued at US $3 billion. He was also the Chief Financial Officer of Sterlite Power, IndiGrid and Sterlite Power.
Alan Rosling (Chairman of the Board of Azure), commented on the appointment and said that “We are thrilled to welcome Harsh into Azure Power.” He is a proven leader with deep knowledge of India’s energy sector and its rapid evolution. We are certain that Azure will continue to rise in India’s vibrant renewable sector. This will allow it to offer utility customers grid-scale solar, hybrid, and wind projects, as well commercial and industrial customers. As we work together to make Azure a leader in renewable energy, we wish Harsh all of the best.
Mr. Shah stated, “India’s story in renewable energy is at an inflection stage with policy intent and innovative platform coming together to pave way for an exciting, sustainable tomorrow. Azure Power is a moment when there is a huge market opportunity. With the help of long-term lenders and investors, we have tremendous growth potential to grow our operating assets. Azure’s team is a great place to be.
Azure operates and builds some of India’s largest grid-scale renewable energy projects. It supplies renewable power to both government utilities and private industrial and commercial customers. The Company’s pan-India portfolio includes more than 7.4 GWs and has over 2.9 GGS of operational capacity.