Harsh Shah Joins Azure Power as its CEO
Nasdaq-listed Azure Power said that Harsh Shah has joined the company as its new Chief Executive Officer (CEO) effective from July 01, 2022.
July 02, 2022. By Manu Tayal
The move came after the independent power producer’s board accepted the resignation of Ranjit Gupta from his designated post of CEO in April this year.
Welcoming Shah on his appointment, Alan Rosling, Chairman of the Board of Directors of Azure Power, said, “we are delighted to have Harsh on board with us at Azure and are confident that under his leadership Azure will grow rapidly in India’s exciting renewable energy sector.”
Harsh brings with him deep business and leadership experience with a strong track record of building large infrastructure platforms, developing high-performance teams, and delivering operational and financial success.
Prior to Azure, he was the CEO of IndiGrid, India's first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector. It owns, operates, and manages USD 3 billion worth of power transmission networks and renewable energy assets.
Harsh has also served as CFO at Sterlite Power and worked with AGNI Inc., L&T Infrastructure Finance, Procter & Gamble and HEC Infra.
“I am delighted to join Azure team today. This is a tremendous time to be in the Indian renewable energy space and Azure is certainly placed very well to seize this big growth opportunity that India presents. I am thankful to the Board and the team for the warm welcome and I look forward to prioritise our efforts to take Azure to greater heights,” commented Harsh Shah on his appointment.
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