Kalpa Power Appoints Pankaj Aggarwal as Chief Financial Officer to Bolster Executive Leadership

Kalpa Power Private Limited, a leading energy management company in India, has appointed Pankaj Aggarwal as its new Chief Financial Officer (CFO). Aggarwal brings over 23 years of financial and corporate governance experience and will oversee Finance, Compliance, and Corporate Strategy functions as Kalpa Power accelerates its mission to achieve 5 GW of installed solar capacity by 2030.

Prior to joining Kalpa Power, Aggarwal served as Senior Vice President of Finance at Kalpataru Projects International Limited, where he strengthened financial governance and supported scalable growth. He also held key roles at STL (Sterlite Technologies), including CFO – Global Services, managing multi-region operations in India and the UK, and began his career at Atul Ltd, gaining foundational expertise in financial management.

Rounak Muthiyan, Founder and Director of Kalpa Power, said:
“We are thrilled to welcome Pankaj to the leadership team. His deep expertise in managing large-scale global financial operations and corporate governance will be invaluable as Kalpa Power transitions from a high-growth player to a major energy institution.”

Commenting on his appointment, Pankaj Aggarwal stated:
“I’m excited to join Kalpa Power at a time when the Indian energy sector is at a historic tipping point. I look forward to building a robust financial roadmap that supports our 2030 goals and delivers long-term value to stakeholders.”

Aggarwal is a qualified Chartered Accountant (ACA) and certified Company Secretary (CS), combining financial strategy and regulatory expertise to strengthen the company’s leadership as it embarks on its next phase of growth in India’s renewable energy sector.