WHO WE ARE

Sterlite Power is a leading integrated power transmission developer and solutions provider globally, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital. In our Global Infrastructure Business, we bid, design, construct, own and operate power transmission assets across multiple geographies.Given our expertise in project execution and our experience in leveraging cutting-edge technology, we have built a track record of commissioning projects ahead of schedule, addressing the key constraint of time. We help meet the industry’s need for capital by implementing projects on a BOOM (Build Own Operate Maintain) basis and being at the forefront of financial innovation via IndiGrid, India’s first power sector Infrastructure Investment Trust (InvIT).

In our Solutions Business, we provide bespoke solutions to solve complex problems for power utilities, specializing in upgrading, uprating and strengthening power delivery networks. These technology-intensive solutions enable our customers to plan network expansions despite challenges of ROW, environment regulations and urbanization, thereby addressing space constraints. We leverage our market leading manufacturing capability of conductors, cables and optical ground wire (OPGW), as well as our excellence in project delivery, to tackle the constraint of time.Our Convergence Business operates at the confluence of the power and telecom sectors. We leverage our transmission infrastructure to roll out reliable communication networks, thereby advancing the Digital India mission.We believe that electricity access transforms societies and delivers long lasting social impact. Sterlite Power is uniquely positioned to solve the toughest challenges of energy delivery located at the intersection of constraints around time, space and capital.

CORE PURPOSE

"Empowering humanity by addressing the toughest challenges of clean energy delivery."

"Empowering humanity by addressing the toughest challenges of energy delivery."

CORE VALUES

Every one counts

Every person, every thought, every opinion deserves a chance to be heard. No matter who you are or where you are from – you are respected.

– We listen before we respond or react.

– We may disagree but we do so with humility and respect for another’s opinion

Thank God it’s Monday!

A fun working environment for us is one that is motivating and challenging. We are encouraged to bring our best selves to work each day. Colleagues are friends and work is passion.

– We feel energised by our core purpose and that’s what makes coming to work fun every day

– High pressure situations don’t feel so tough with our team mates around

A new way today

The world is constantly changing, and to achieve our purpose we must embrace this change. We constantly look for new and better ways to do our work. Innovation is our mind-set.

– We observe everything around us to see what can be better

– We don’t rest on our laurels, we want to keep improving

We work to improve lives

We work to improve lives We do what we do to create a ‘dent in the universe’. Our social impact is in making electricity access a reality. Each of us, in our own way contributes to the purpose.

– We believe that electricity access transforms lives

– We solve the toughest challenges because they are the ones with the most impact

OUR STRATEGY

Our strategy is focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital. The Government’s vision of 24×7 energy access to all, coupled with the rapid development of renewable generation capacity, requires transmission projects to be commissioned in a fraction of the conventional time frame, creating a time constraint. Urbanization, environment regulations and Right of Way (ROW) issues create a space constraint for power transmission projects. The scale of investment required to build transmission capacity to meet the country’s power needs is significant, creating a capital constraint.

Through our Global Infrastructure Business, we bid, design, construct, own and operate power transmission assets across multiple geographies. Our expertise in project execution, business model innovation and leveraging cutting-edge technology has allowed us to build a track record of commissioning projects ahead of schedule, addressing the key constraint of time and capital.

Our Solutions Business provides bespoke solutions to solve complex problems for power utilities and industrial clients. Our focus on strengthening power delivery networks through bespoke solutions in the area of upgrade, uprate, extra high voltage (EHV) and fibre has helped us establish a firm footing on projects. Our technology-intensive solutions and innovative products enable clients to plan network expansions despite challenges of right of way (ROW), environment regulations and urbanization, thereby addressing space and time constraints.

Our Convergence Business operates at the confluence of the power and telecom sectors. We leverage our transmission infrastructure via a series of industry first solutions to roll out reliable communication networks for Internet Service Providers and Telecommunications companies, thereby advancing the Digital India mission.

INNOVATION

Pravin Agarwal

CHAIRMAN

Pravin Agarwal is the Chairman and Non-executive Director of our Company. He holds a bachelor’s degree in commerce from Patna University. He has been associated with the SterlitePower group since its inception and has significant experience in general management and commercial affairs.Previously, he has held directorship positions in Sterlite Technologies Limited, East-North Interconnection Company Limited and Speed on Network Limited and has an overall experience of 24 years as a director in overseeing and handling management of companies. He has been a Director on our Board since May 5, 2015.

Pravin Agarwal

CHAIRMAN

Pravin Agarwal is the Chairman and Non-executive Director of our Company. He holds a bachelor’s degree in commerce from Patna University. He has been associated with the SterlitePower group since its inception and has significant experience in general management and commercial affairs.Previously, he has held directorship positions in Sterlite Technologies Limited, East-North Interconnection Company Limited and Speed on Network Limited and has an overall experience of 24 years as a director in overseeing and handling management of companies. He has been a Director on our Board since May 5, 2015.

Pratik Pravin Agarwal

MANAGING DIRECTOR

Pratik Pravin Agarwal is the Managing Director of our Company. He holds a master’s degree in business administration from the London Business School, University of London and a bachelor’s of science degree in economics from the University of Pennsylvania. He has an overall experience of 10 years as a director in overseeing and handling management of companies.Previously, he has held directorship positions in Sterlite Technologies Limited, Sterlite Ports Limited, Vizag General Cargo Berth Limited, and Speedon Network Limited. In 2018, he was awarded the Economic Times 40 under 40 award. He is a member of the National Committee on Power constituted by the Confederation of Indian Industries (the “CII”) for Fiscal 2021, the co-chairman of the Infrastructure and Real Estate Committee constituted by the IMC Chamber of Commerce and Industry, and the president of Electric Power Transmission Association (EPTA) of India. He was also the chairman of the Core Group on Transmission constituted by the CII for Fiscal 2019 and a part of the Task Force on Power Transmission constituted by the Federation of Indian Chambers of Commerce and Industry (the “FICCI”) in 2013.He has been a Director on our Board since June 1, 2016.

Anoop Seth

INDEPENDENT DIRECTOR

Anoop Seth is an MMS from BITS Pilani with a major in Finance and Executive International Management Programme from INSEAD, France. Mr. Seth has an illustrious career spanning thirty- five years, in financial services and several infrastructure sectors. He has held leadership positions in companies such as AMP Capital, Bank of America, Bechtel Corp, IDFC, Reliance Industries, Standard Chartered Bank, and IL&FS Energy. With an extensive experience, he advices the Board and leadership team on matters related to strategy and growth.

Ms. Pooja Somani

Independent Director (Additional)​

Ms. Pooja Somani is a seasoned finance professional with nearly two decades of experience spanning across different sectors including Metals & Mining, Power, and Auto e-commerce. She began her journey with the Vedanta Group in October 2004 and gradually climbed the corporate ladder through various positions in treasury, business development, mergers & acquisitions, corporate finance, audit & accounting, and corporate strategy. Her tenure culminated in her leadership role as the head of the Treasury function within the Vedanta Group.

During her time at Vedanta, Ms. Somani also served as a director on the Board of Talwandi Saboo Power Limited and Vedanta Star Limited, showcasing her involvement in strategic decision-making beyond her immediate responsibilities.

In February 2022, Ms. Somani transitioned to a new role as the Chief Financial Officer (CFO) for the UAE and Australia operations of Cars24, a notable move signalling her expertise and adaptability across industries. In addition to her CFO responsibilities, she also assumed the role of Global Treasury Head within Cars24.

Ms. Somani holds bachelor of commmerce degree from University of Rajasthan and her professional credentials include being a fellow Member of both the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. This blend of qualifications and extensive experience underscores her proficiency in financial management, corporate governance, and strategic planning, making her a valuable asset to our Board.

A R Narayanaswamy

NON-EXECUTIVE & INDEPENDENT DIRECTOR

Alampallam Ramakrishnan Narayanaswamy is an Independent Director of our Company. He holds a bachelor’s degree in commerce from the University of Mumbai and is also a fellow member of the Institute of Chartered Accountants of India. He has an overall experience of 26 years as a director in overseeing and handling management of companies. Previously, he has held directorship positions in Hindustan Zinc Limited, Sterlite Technologies Limited, MALCO Energy Limited and IBIS Logistics Private Limited. He has been a Director on our Board since July 22, 2019.

Reshu Madan

Whole-Time Director and CEO- GPS Business

Reshu Madan is a seasoned leader with over 25 years of experience in the power and infrastructure sectors. As CEO of Sterlite Power’s Global Products & Services business, he brings a wealth of expertise and a proven track record of driving growth and innovation. Previously, as Director of Commercial & HVDC, Reshu played a pivotal role in expanding Sterlite Power’s Power Cables vertical. His strategic initiatives, including securing the company’s first Statcom project, have been instrumental in Sterlite Power’s success over the past five years.

Prior to joining Sterlite Power, Reshu held leadership positions at renowned organizations such as Crompton Greaves and TBEA Energy, where he made significant contributions to business development and expansion. Reshu holds a Bachelor’s degree in Mechanical Engineering from Pune University and a Post Graduate Diploma in Business Management from IMT Ghaziabad.

Reshu Madan

Whole-Time Director and CEO- GPS Business

Reshu Madan is a seasoned leader with over 25 years of experience in the power and infrastructure sectors. As CEO of Sterlite Power’s Global Products & Services business, he brings a wealth of expertise and a proven track record of driving growth and innovation. Previously, as Director of Commercial & HVDC, Reshu played a pivotal role in expanding Sterlite Power’s Power Cables vertical. His strategic initiatives, including securing the company’s first Statcom project, have been instrumental in Sterlite Power’s success over the past five years.

Prior to joining Sterlite Power, Reshu held leadership positions at renowned organizations such as Crompton Greaves and TBEA Energy, where he made significant contributions to business development and expansion. Reshu holds a Bachelor’s degree in Mechanical Engineering from Pune University and a Post Graduate Diploma in Business Management from IMT Ghaziabad.

Pratik Pravin Agarwal

MANAGING DIRECTOR

Pratik Pravin Agarwal is the Managing Director of our Company. He holds a master’s degree in business administration from the London Business School, University of London and a bachelor’s of science degree in economics from the University of Pennsylvania. He has an overall experience of 10 years as a director in overseeing and handling management of companies.Previously, he has held directorship positions in Sterlite Technologies Limited, Sterlite Ports Limited, Vizag General Cargo Berth Limited, and Speedon Network Limited. In 2018, he was awarded the Economic Times 40 under 40 award. He is a member of the National Committee on Power constituted by the Confederation of Indian Industries (the “CII”) for Fiscal 2021, the co-chairman of the Infrastructure and Real Estate Committee constituted by the IMC Chamber of Commerce and Industry, and the president of Electric Power Transmission Association (EPTA) of India. He was also the chairman of the Core Group on Transmission constituted by the CII for Fiscal 2019 and a part of the Task Force on Power Transmission constituted by the Federation of Indian Chambers of Commerce and Industry (the “FICCI”) in 2013. He has been a Director on our Board since June 1, 2016.

Pratik Pravin Agarwal

MANAGING DIRECTOR

Pratik Pravin Agarwal is the Managing Director of our Company. He holds a master’s degree in business administration from the London Business School, University of London and a bachelor’s of science degree in economics from the University of Pennsylvania. He has an overall experience of 10 years as a director in overseeing and handling management of companies.Previously, he has held directorship positions in Sterlite Technologies Limited, Sterlite Ports Limited, Vizag General Cargo Berth Limited, and Speedon Network Limited. In 2018, he was awarded the Economic Times 40 under 40 award. He is a member of the National Committee on Power constituted by the Confederation of Indian Industries (the “CII”) for Fiscal 2021, the co-chairman of the Infrastructure and Real Estate Committee constituted by the IMC Chamber of Commerce and Industry, and the president of Electric Power Transmission Association (EPTA) of India. He was also the chairman of the Core Group on Transmission constituted by the CII for Fiscal 2019 and a part of the Task Force on Power Transmission constituted by the Federation of Indian Chambers of Commerce and Industry (the “FICCI”) in 2013. He has been a Director on our Board since June 1, 2016.

Reshu Madan

Whole-Time Director and CEO- GPS Business

Reshu Madan is a seasoned leader with over 25 years of experience in the power and infrastructure sectors. As CEO of Sterlite Power’s Global Products & Services business, he brings a wealth of expertise and a proven track record of driving growth and innovation. Previously, as Director of Commercial & HVDC, Reshu played a pivotal role in expanding Sterlite Power’s Power Cables vertical. His strategic initiatives, including securing the company’s first Statcom project, have been instrumental in Sterlite Power’s success over the past five years.

Prior to joining Sterlite Power, Reshu held leadership positions at renowned organizations such as Crompton Greaves and TBEA Energy, where he made significant contributions to business development and expansion. Reshu holds a Bachelor’s degree in Mechanical Engineering from Pune University and a Post Graduate Diploma in Business Management from IMT Ghaziabad.

Sanjeev Bhatia

GROUP CHIEF FINANCIAL OFFICER

Sanjeev Bhatia is the Chief Financial Officer of our Company. He has been associated with our Company since October 1, 2020. He holds a bachelor’s degree in commerce from the University of Delhi and has passed the Uniform AICPA CPA examination held by New Hampshire Board of Accountancy and final examination held by the Institute of Cost and Works Accountants of India. He is responsible for managing activities relating to controllership, tax, internal audits, financial planning and analysis, strategic finance and secretarial functions for the Company. Prior to joining our Company, he has worked with Zuari Leasing and Finance Corporation Limited, GE Capital International Services (now known as Genpact), Motorola India Private Limited, Bharti Infratel Limited (now known as Indus Towers Limited) and Azure Power India Private Limited.

Nishit Mehta

HEAD – STRATEGY & GOVERNANCE

Nishit drives strategy formulation, governance and strategic initiatives at Sterlite Power. Prior to this, he set up the energy storage business at Sterlite. Nishit is passionate about clean energy with experiences across the world at multinationals such as Siemens and Exelon, in roles ranging from sales, business development, market creation to venture capital investing. In 2012, Nishit also co-founded a battery technology company: SiNode Systems (now NanoGraf Corp.). Nishit trained as an electrical engineer with a BE from the University of Pune and holds an MBA from the Kellogg School of Management.

Sanjeev Bhatia

CHIEF FINANCIAL OFFICER

Sanjeev Bhatia is the Chief Financial Officer of our Company. He has been associated with our Company since October 1, 2020. He holds a bachelor’s degree in commerce from the University of Delhi and has passed the Uniform AICPA CPA examination held by New Hampshire Board of Accountancy and final examination held by the Institute of Cost and Works Accountants of India. He is responsible for managing activities relating to controllership, tax, internal audits, financial planning and analysis, strategic finance and secretarial functions for the Company. Prior to joining our Company, he has worked with Zuari Leasing and Finance Corporation Limited, GE Capital International Services, Motorola India Private Limited, Indus Towers Limited (formerly known as Bharti Infratel Limited) and Azure Power India Private Limited. 

Arun Sharma

CEO – India Transmission Business

Arun Sharma is a CEO (India Transmission Business) of our Company. He brings 3 decades of rich leadership experience in strategy and execution of large-scale EPC and construction projects in India, South East Asia and CIS countries. He has in-depth experience across nuclear, coal-based, combined cycle power plants, LNG and Oil & Gas . In the Oil & Gas industry he gained strong experience in EPC of refinery, Outfield Well Pads, Metering Stations, Sulphur recovery, Cross Country Pipeline Units & Gas Treatment Units. Prior to working with Sterlite Power, he served in leadership positions with organizations like Nuclear Power Corporation of India, Enron India, KazStroy Service & Punj Lloyd.

Akshay Hiranandani

EXECUTIVE DIRECTOR-CORPORATE FINANCE

Akshay Hiranandani leads the Corporate Finance function in Sterlite Power, managing & strategizing capital raise and allocation. He brings over 20 years of experience of which 15 years were in Corporate Finance and Development. He has raised over $ 1.5 bn across debt and equity while working for domestic and international developers. He has overlooked the development & execution of over 1GW of projects in Renewables. Prior to joining Sterlite Power, Akshay ran the structured investment and project finance desk of Piramal Capital in infrastructure, having deployed and exited ~1 bn USD of exposure.

Monalisa Sahoo

CHIEF MARKETING & COMMUNICATIONS OFFICER

Monalisa Sahoo leads the overall brand, marketing and communications portfolio for Sterlite Power. She has held this position since Feb 2019. Monalisa is an experienced marketing leader with over 23 years of experience across multiple industries. She is a great believer in the power of talent, technology and ideas creating the perfect storm for brands to gain mindshare and market share. Prior to this, she was SVP – Enterprise Marketing at Vodafone India.

Monalisa Sahoo

CHIEF MARKETING & COMMUNICATIONS OFFICER

Monalisa Sahoo leads the overall brand, marketing and communications portfolio for Sterlite Power. She has held this position since Feb 2019. Monalisa is an experienced marketing leader with over 23 years of experience across multiple industries. She is a great believer in the power of talent, technology and ideas creating the perfect storm for brands to gain mindshare and market share. Prior to this, she was SVP – Enterprise Marketing at Vodafone India.

Amitabh Prasad

COUNTRY MANAGER, BRAZIL

Amitabh Prasad is the Country Manager of our Company in Brazil. He has been associated with our Company since November 1, 2017.He holds a bachelor of science degree in electronics and communication engineering from the Ranchi University anda master’s degree in business administration from the University of Delhi. He has over 20 years of experience in projects, operations and telecommunications. Prior to joining our Company, he was associated with Bharti Airtel International (Netherlands) B.V., Fibcom India Limited, Tata Teleservices Limited,Ericsson India Private Limited,E. I. DuPont India Private Limited, Bharti Telenet Limited and ModiXerox Limited.

Amitabh Prasad

Chief Executive Officer- Pump Hydro Business

Amitabh Prasad is the Chief Executive Officer- Pump Hydro Business of our company. He has been associated with our Company since November 1, 2017.He holds a bachelor of science degree in electronics and communication engineering from the Ranchi University and a master’s degree in business administration from the University of Delhi.

He has over 20 years of experience in projects, operations and telecommunications. Prior to joining our Company, he was associated with Bharti Airtel International (Netherlands) B.V., Fibcom India Limited, Tata Teleservices Limited,Ericsson India Private Limited,E. I. DuPont India Private Limited, Bharti Telenet Limited and ModiXerox Limited.

Ruhie Pande

Group CHRO

Ruhie is the Group Head of Human Resources of our company. With a diverse career spanning over 20 years, Ruhie has held key HR roles across a range of sectors including financial services, real estate, fashion, information technology, and FMCG. She has managed HR functions during various growth phases, transitions, and transformations, with her most recent venture involving a startup within the sprawling conglomerate of Godrej. Throughout her career, she has received numerous awards and industry accolades for her significant contributions to HR, including recognition as one of the “100 Most Influential HR Leaders in India” by CHRO Asia, the “25 Most Talented HR Professionals in Retail” by Asia Retail Congress, and “Leading Woman in HR” at the 4th Women Leaders Awards in India, organized by IIGBI.

Neeti Wahi

GROUP CHIEF INFORMATION OFFICER

Neeti Wahi is the Group Chief Information Officer for Sterlite Power leading the Information Technology & Digital portfolio for the group. She has been with Sterlite Power since Oct 2019. Prior to her current position she was the CIO for Clix Capital, and before that she has led the IT Function for GE Capital India and SBI Cards. Her 20+ Years of Technology domain experience encompasses spear heading and establishing the technology setup for a start-up, as well as leading the technology function for large scale enterprises. Neeti brings with her both B2B as well as B2C technology expertise. She is a Six Sigma certified professional and holds an MBA degree from Symbiosis, Pune.

Parag Jain

Chief Financial Officer

Parag Jain has over 18 years of expertise in Metals, Mining and FMCG industries across India, Singapore, and Dubai. Parag joins Sterlite Power from Vedanta Group company, Hindustan Zinc Limited (HZL) – one of the world’s largest and India’s only integrated Zinc-Lead-Silver producer. As the Head of Business Transformation at HZL, Parag provided strategic leadership to the business for transformational initiatives, operational excellence, and profitable growth. He has previously served as the CFO for HZL Smelter and the Head of Corporate Finance overseeing FP&A, business planning and strategy for HZL. From 2017 to 2018, he led the Supply Chain Finance at P&G Arabian Peninsula and was also a part of the GCC VAT Transition. For his work in the field of financial leadership, Parag was named amongst the ‘Top 100 Great Managers 2022’ in The Great Manager Awards®.

He holds a Post Graduate Diploma in Management from IIM Ahmedabad and a Bachelor of Engineering degree in Electronics from MNNIT Allahabad (University Gold Medalist).

ParagProfilePic 1
Shruti

Shruti Jain

CHIEF LEGAL OFFICER

Shruti Jain is the Chief Legal Officer at Sterlite Power and is responsible for leading the overall legal strategy for the company. She has close to 2 decades of experience in handling legal & compliance matters for global companies. Her areas of expertise include US, UK laws, litigation management, dispute resolutions, setting up legal functions, Board of directors’ management, License compliances, SEBI & RBI compliance, FINRA investigations, Australia consumer protection laws etc.

She was previously Global Head-Legal at Crisil Ltd & has also worked with Essar Group, Radio One & Datamatics Group of companies.  She holds a degree in law and a bachelor’s degree in commerce from Mumbai University. She is a qualified Company Secretary from the Institute of Company Secretaries in India.

Ashok Ganesan

COMPANY SECRETARY

Ashok Ganesan is the Company Secretary of our Company. He has been associated with our Company since April 10, 2017. He is a fellow of the Institute of Company Secretaries of India. He holds a bachelor’s degree in law from Lloyd’s Law College and a master’s degree in commerce from the Himachal Pradesh University. Prior to joining our Company, he was associated with Hi-Tech Gears Limited,DLF Limited, IREO Private Limited, and Hindustan Power.

Ashok Ganesan

COMPANY SECRETARY

Ashok Ganesan is the Company Secretary of our Company. He has been associated with our Company since April 10, 2017. He is a fellow of the Institute of Company Secretaries of India. He holds a bachelor’s degree in law from Lloyd’s Law College and a master’s degree in commerce from the Himachal Pradesh University. Prior to joining our Company, he was associated with Hi-Tech Gears Limited,DLF Limited, IREO Private Limited, and Hindustan Power.

AWARDS