Zelestra India Appoints Prashant Kumar as Chief Financial Officer
Global renewable energy company Zelestra has appointed Prashant Kumar as Chief Financial Officer for its India Business Unit. He will lead the India BU’s finance function with a focus on strengthening financial governance, driving strategic planning, and optimising capital efficiency to support business expansion.
April 19, 2025. By Mrinmoy Dey
Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment comes as Zelestra continues to strengthen its market position, having recently been recognised among the top 10 sellers of clean energy to corporate customers globally by Bloomberg New Energy Finance (BNEF), and ranking second in Europe, Middle East and Asia.
Sajay KV, Chief Executive Officer, Zelestra India commented, “Zelestra in India is growing every day, delivering successes, and helping to make decarbonisation a reality. We now have a pipeline of wind, solar and BESS technology of over 5 GW in total, with three major projects in construction this year. This accelerated growth means we need a top senior leadership team to ensure we rise to all of the challenges ahead. Therefore, it gives me great pleasure to welcome Prashant to Zelestra India team.”
Prashant is an experienced business leader with a track record of success. He has a post-graduate degree in Management from XIMB (Xavier Institute of Management, Bhubaneswar) and more than two decades of experience in financial operations, fund management, capital raising, and project financing. His experience in high-growth sectors includes senior finance leadership positions at Fortum India, Tata Power Solar, Lanco Solar, and IndusInd Bank.
On joining Zelestra India, Prashant Kumar said, “Zelestra is going from strength to strength in India, with some major contracts signed recently and a lot of work underway to deliver highly complex multi-technology projects. The pipeline continues to grow, and the opportunities are vast. It is an exciting time to join. Zelestra is an organization dedicated towards making decarbonisation a reality and thus having a profound impact on the world. I am eager to contribute to initiatives that will establish a positive and enduring legacy for future generations.”
In his new role, Prashant will lead the India BU’s finance function with a focus on strengthening financial governance, driving strategic planning, and optimising capital efficiency to support business expansion. He will play a pivotal role in aligning the company’s financial strategy with long-term value creation while reinforcing Zelestra’s commitment to sustainable, scalable, and digitally enabled growth in the Indian market.
With a portfolio of 29 GW of carbon-free projects in 13 countries, Zelestra is a vertically integrated company specialised in the development, commercialisation, construction and operation of large-scale renewable energy projects. Zelestra in India has a pipeline of more than 5.4 GW of clean energy projects across 7 states.
please contact: contact@energetica-india.net.
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