Azure Power Appoints Harsh Shah as Chief Executive Officer

Mr. Harsh Shah will join Azure Power Global Limited as Chief Executive Officer from July 2022. 

Mr. Shah was formerly the CEO of IndiGrid, the country's first and largest Infrastructure Investment Trust (InvIT) in the electricity industry. It owns, runs, and manages $3 billion in power transmission networks and renewable energy assets. He has also worked at Sterlite Power and IndiGrid as the Chief Financial Officer.

Azure Power Global Limited is a major independent renewable energy solutions provider and renewable power generator in India. 

Commenting on the appointment, Alan Rosling, Chairman of the Board of Azure, said, "We are excited to welcome Harsh to Azure Power. He is a proven leader who has deep knowledge of India's energy sector ecosystem and how it is rapidly evolving. We are confident that under his leadership, Azure will continue to scale new heights in India's vibrant renewable energy sector to offer grid-scale solar, wind, and hybrid projects to utility customers, as well as commercial and industrial customers. We wish Harsh all the best as we work together to strengthen Azure's position as a leader in the renewable energy space."

Mr. Shah, said, "India's renewable energy story is at an inflection point with policy intent and innovative platforms coming together to pave the way for an exciting, sustainable future. I am happy to join Azure Power at a time when we see an exciting and momentous market opportunity as the industry implements energy transition in India. We have tremendous runway for growth to increase our operating assets sustainably, thanks to the support of our long-term investors and lenders. I am looking forward to work with the team at Azure to take this story forward to greater heights."

Azure develops and runs some of India's largest grid-scale renewable energy projects, offering renewable energy to government utilities as well as private industrial and commercial users. The company owns a portfolio of 7.4 GWs in India, with 2.9 GWs of operational capacity.