Oyster Renewable Appoints Sandeep Arora as CFO

Oyster Renewable Energy Pvt. Ltd. has appointed Sandeep Arora as its Chief Financial Officer (CFO), with the company looking to strengthen its financial strategy and capital management as it expands its renewable energy portfolio for commercial and industrial (C&I) consumers.

Arora brings more than 20 years of experience spanning banking, infrastructure and renewable energy. His areas of expertise include capital raising, project finance, financial planning, investment strategy and risk management. He has also worked on financing large scale renewable energy projects and managing complex capital requirements.

In his new role, Arora will oversee the company’s financial strategy, capital management and long term financial planning. His appointment is expected to support Oyster Renewable’s portfolio expansion, capital deployment and pursuit of new growth opportunities.

Commenting on his appointment, Arora said that the company is at an important stage of growth as India’s demand for reliable and scalable clean energy increases. He said that the focus would be on developing a robust financial framework, supporting disciplined growth, optimising capital deployment and creating long term value.

Siddharth Bhatia, Managing Director and CEO of Oyster Renewable, said that Arora’s understanding of finance, infrastructure and renewable energy would help strengthen the company’s financial strategy and support its growth plans.

The appointment comes as Oyster Renewable expands its renewable energy portfolio and strengthens its presence in the C&I segment. The company develops, invests in and operates renewable energy projects as an independent power producer, with projects tailored to C&I consumers across India.