Azure Power, a leading independent solar power producer in India, announced the appointment of <span style="font-weight: bold;">Sushil Bhagat, former CFO of Hindustan Power Projects (HPPL), as the new Chief Financial Officer of Azure Power.</span>
<p></p>
<p>Bhagat comes on board with over 30 years of experience of in corporate and investment banking. After transitioning to HPPL, he worked extensively on fund raising and inorganic growth opportunities. As a previous investment banker, he raised $12 bn of funds and led complex advisory and M&A assignments across all infrastructure sectors. Subsequently, he has headed finance, commercial and strategy functions at Coastal Projects and helped it achieve an enterprise value of over $4 bn in six years. Sushil has supervised 1,200 MWs of thermal and 400ã…« of solar power assets while at HPPL. He has also served in various corporate leadership roles at Coastal Projects, Wachovia, Axis Bank and State Bank Group.</p>
<p><span style="font-weight: bold;">SK Gupta, former CFO of Azure Power </span>has been appointed Executive Vice President – O&M and will head the O&M business unit to manage the company’s fast-growing fleet of assets.</p>
FlashNews:
Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Home » S Bhagat is the new CFO of Azure Power
S Bhagat is the new CFO of Azure Power
Power & New and Renewable Energy
November 1, 2017November 1, 2017

Leave a Reply
You must be logged in to post a comment.