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Cover Story | October 2018

Highest growth generation company

NHPC Head of the highest growth generation company (Public Sector - Hydro)

Balraj Joshi is the Chairman and Managing Director of NHPC since September 22, 2017 and has served as its Director of Technical from March 23, 2018 to July 5, 2018. Earlier, he was the General Manager of Civil Design at NHPC. During his distinguished career spanning over 33 years, he scaled new heights and contributed to NHPC's development by serving many projects namely Salal, Dul Hasti, Kurichu Project (Bhutan), Teesta-V, Teesta Low Dam-III and IV, Parbati-III, Chutak, Chamera-III, Parbati-II, to name a few. He is also associated with NHPC's Consultancy assignments for many projects. He holds a degree in Civil Engineering from the Government Engineering College, Karad, Maharashtra. He also holds PG Qualification in Hydropower Development and Planning from the prestigious Norwegian Technical Institute, Trondheim, Norway, under NORAD Scholarship.

APGENCO Head of the highest growth generation company (State - Hydro)
Before becoming the Chairman of APGENCO, Ajay Jain served as its Managing Director from July 2004-June 2009. Prior to that, he was the Chairman and Managing Director for APTRASNCO from July 2009 to June 2012. In his long career span, Jain has served as SDO (Sub Divisional Officer) of Land Revenue Management and District Administration, Project Director of Planning and Programme Implementation Planning and District Collector and DM of Ranga Reddy, to name a few.

Coal India Head of the highest-growth (conventional fuel) company

Before taking over the charge of Chairman-cum-Managing Director (CMD) for Coal India, Anil Kumar Jha was the CMD of Mahanadi Coalfields (MCL), a leading subsidiary of Coal India. Jha is M. Tech in Mine Planning and Design from the Indian School of Mines, Dhanbad, Jharkhand. He comes with a rich work experience spanning 35 years in the field of mine planning, production, management supervision, direction and control of underground as well as open cast coal mines. After joining Coal India at the Central Coalfields (CCL) in July 1983, he rose rapidly and has handled various senior positions rising to become the Director (Production and Planning) of MOIL, who is the Nominated Owner and Head of Production, Planning, Projects, Quality Control and Mine Safety Divisions and other allied departments including Personnel and Industrial Relations Department.

National Thermal Power Corp Head of the highest-growth (power) generation company (Public Sector - Thermal)

Gurdeep Singh started his career with NTPC and has worked at various levels, both in Indian and multi-national companies namely Powergen, CLP, IDFC, CESC and AES. With over 28 years of experience in the power generation sector, he has worked in different areas of the sector ranging from business development, projects and operations. Prior to joining NTPC, Singh was the Managing Director of Gujarat State Electricity Corporation. Gurdeep Singh is a mechanical engineer and has undergone Management Education Programme at IIM Ahmedabad.

Rajasthan Rajya Vidyut Utpadan Nigam Head of the highest-growth (power) generation company (State - Thermal)
v Nageen Kumar Kothari is the Chairman and Managing Director of Rajasthan Rajya Vidyut Utpadan Nigam (RVUN). Joining as an executive trainee at NTPC in 1981, Kothari has also served as an Executive Director of Talcher-Kaniha, Executive Director and General Manager in the service period of 35 years at NTPC.

RattanIndia Power Head of the highest-growth (power) generation company (Private Sector-Thermal)

Rajiv Rattan, Chairman, RattanIndia Power, is a first-generation entrepreneur and is renowned in the country for his business incubation prowess. An engineer by training, he graduated from the Indian Institute of Technology, Delhi in 1994.

He started his career with Schlumberger and had an extremely successful stint from 1994 to 1999. By co-founding the Indiabulls Group in 1999, he started his immensely successful entrepreneurial journey. The dream run of Indiabulls Group set off from the securities business and then rapidly expanded with forays into finance, real estate infrastructure and power businesses. A case study in itself, Rattan was instrumental in taking the Indiabulls business empire to dizzying heights with well-respected companies like Indiabulls Housing Finance, Indiabulls Real Estate, Indiabulls Ventures and Indiabulls Power. Due to his vision and razor-sharp execution ability, Indiabulls Housing Finance became the third largest HFC by assets and market cap and second largest HFC in terms of profits in the country.

Adani Green Energy Head of the highest-growth (power) generation company (Private Sector - Solar)

Jayant Parimal is the Chief Executive Officer of Adani Green Energy at Adani Enterprises. Parimal is responsible for projects in solar PV, wind and energy storage. He has led the build-out of a pipeline of more than 1 GW renewable projects during the last financial year. Before joining the Adani Group, he was the President at Reliance Industries. Parimal holds a Master's in Electrical Engineering from the Indian Institute of Technology, Delhi.

ReNew Power Head of the highest-growth (power) generation company (Private Sector - Wind)

Sumant Sinha, Chairman and Managing Director of ReNew Power, is a former Indian investment banker and a noted entrepreneur of recent times entrepreneurship in the Indian renewable energy sector. In 2011, he founded ReNew Power, an independent renewable power producer. With Sumant at the position of Chairman and Chief Executive Officer, ReNew Power is one of the largest renewable energy producers in India today. In a recent report, it was mentioned that his company has reached 2 GW production capacity. Sinha holds a Bachelor's Degree in Civil Engineering from the Indian Institute of Technology, Delhi, a Post-Graduate Diploma in Management from the Indian Institute of Management, Calcutta and a Master's Degree in International Affairs from the Columbia University. He is also a CFA charterholder and a member of the Institute.

Reliance Power Head of the Generation company with the highest installed capacity (Private Sector - Thermal)

K Raja Gopal, Chief Executive Officer, Reliance Power, is a well-acknowledged leader in power industry circles of the country known for deep insight, vision, team building capability, fostering strong relationships and a proven track record of execution and operation of large IPPs. Having over 35 years of industry and leadership experience in both public and private domains, he was recently chaired as the Association of Power Producers (APP) and also was a member of National Committee on Power at CII and FICCI at New Delhi. In the past, he has remained to be the member of Board and CEO of Lanco Group, CEO of LVS Power, General Manager and Head-Project, Best Power and also worked with Hindustan Cables.

Power Grid Corporation Of India Head of the transmission company with the highest growth in network (Public Sector)

Prior to being Chairman and Managing Director, Power Grid Corporation of India, IS Jha successfully served as the Director (Projects) of the company and was responsible for planning, engineering, project management, monitoring and implementation of all transmission and distribution projects. An electrical engineer from NIT, Jamshedpur, he is a well-known power sector professional with more than 36 years of rich and varied work experience. While he began his professional career in 1981 as an Executive Trainee in NTPC, he has been associated with POWERGRID since its inception in 1991.

Tata Power Head of distribution company with best profitability (Private DISCOM)

Praveer Sinha, Chief Executive Officer and Managing Director, Tata Power, has over three decades of experience in the power sector and has been credited with transforming the power distribution sector and development and setting up of greenfield and brownfield power plants in India and abroad. He holds a Master's Degree in Business Law from National Law School, Bengaluru and is also professionally trained as an electrical engineer. Before his appointment in Tata Power, Sinha was the CEO and Managing Director of Tata Power Delhi Distribution (Tata Power-DDL).

CESC Head of the most innovative power company (Private Sector)

Debasish Banerjee, Managing Director- Distribution, CESC, retains the company's distribution operations at Kolkata. Prior to this, he was chaired as the Chief Executive Officer, Reliance Energy. He the assisted company's board to ensure adherence of organisation's values, mission and vision. He was instrumental in driving the company's business development and marketing efforts to develop a healthy project pipeline. Under his leadership, the company has leveraged GIS based effective energy auditing system and reduced commercial losses through preventive and innovative technical solutions. In case of financials, Banerjee was instrumental in continuously upgrading operational policies for reducing operating costs and increasing profits of the company.

Simpa Energy India Head of the most innovative power company (Renewable Power) (Private Sector)

As a private equity and corporate finance professional with over 15 years of experience in investments, cross-border mergers and acquisition and capital raisings, Piyush Mathur chairs as the Chief Executive Officer of Simpa Energy, India. He started his career as a Chartered Accountant with Deloitte auditing companies like Honda, Nestle, ITC and Mohan Meakin. As the team leader spending a lot of time in CFO's room, he picked up how CFOs managed businesses to manage finances. He then moved KPMG where he advised cash-rich IT companies on acquisitions internationally to grow their international footprint.

State Bank of India Head of the financial institute with highest support (Power Sector)

Prior to being the Chairman of State Bank of India, Rajnish Kumar was the Managing Director of the National Banking Group (NBG) at the State Bank of India. In a career spanning over 36 years with SBI, he had held various assignments which include Managing Director (Compliance and Risk) and prior to that he served as the Head of SBI Capital Markets, the Investment Banking arm of SBI Group. Kumar held several key positions across various business verticals like Mid-Corporate Group and Project Finance. He also served as the Chief General Manager of North Eastern Circle of SBI. As a part of SBI's overseas operations, Kumar served SBI Canada and later as the Regional Head of SBI's UK Operations.

L&T Head of the best selling power equipment company (Power Generation)
With his elevation to the role of Chief Executive Officer and Managing Director, SN Subrahmanyan has the overall responsibility to guide the fortunes and build Larsen & Toubro. As its Vice Chairman, Subrahmanyan is also leading LTI, a global IT services and solutions provider, to strengthen its existing relationships while forging new strategic partnerships and be a key decision maker for offering smart world solutions. He is also responsible for the Metallurgical and Material Handling (MMH) and shipbuilding business verticals. With a degree in civil engineering and a post-graduate qualification in business management, Subrahmanyan commenced his professional career with L&T in 1984 as a project planning engineer and soon made a name by successfully setting up the ready mix concrete business for the first time in India.

KEC International Head of the best selling power equipment company (T&D)

Besides being the Managing Director and Chief Executive Officer and a member of the board of KEC, Vimal Kejriwal is also the Director on Board of SAE Towers Holdings LLC, USA, a wholly owned subsidiary of KEC International. With 33 years of corporate experience including 13 years in KEC, Kejriwal has received numerous honours and accolades. He has significantly contributed in turning around KEC into a highly profitable company. Under his initiative and direction, apart from entering 19 new countries, KEC also acquired SAE Towers that is headquartered in the USA. Earlier in his career at KEC, he has held many leading top managerial positions since the time he joined the company in September 2002 as the Chief Financial Officer.

Waaree Energies Head of the best selling power equipment company (Renewable Energy)

Hitesh Doshi, Chairman and Managing Director, Waaree Group has over 25 years of experience in the engineering industry and is responsible for forming Waaree Energies in 2007, initiating its foray in renewable energy. He started his career in 1989 soon after his graduation by establishing a hardware process control instrument trading company and moved in manufacturing of process control instruments, gas station equipment and industrial valves. His vision and strategic business leadership are instrumental in establishing Waaree Energies in a leadership position in the solar industry.

Chhattisgarh Head of the best performing state in Power Reform

Dr Raman Singh is the Chief Minister of Chhattisgarh state since December 2003. He has received praise for his organisational abilities, as reflected in his state's position with regard to the implementation of a programme to improve the conditions of Scheduled Tribes and Scheduled Castes. The United Nations has also recognised the work done in Chhattisgarh under his leadership and the fiscal management of the state is another aspect for which he is known. Under his able leadership, power generation capacity of almost 9,000 MW has been installed by IPPs and CPPs. In addition, state generating stations and central generating plants have come up to support the growing demand. Further, the state is expected to see a capacity addition of 22,000 MW during the end of 12th five year plan which is mainly for meeting the demand of other states.

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