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Vineet Mittal

Chairman, Avaada Group

Mr. Vineet Mittal, a distinguished alumnus of Harvard Business School, is a serial entrepreneur known for his remarkable success in the fields of Information Technology (IT) services and Green Energy.

 

In 2010, Mr. Mittal founded Welspun Energy, which swiftly became a leading player in India’s renewable energy sector, boasting an impressive 1.2 GW of installed capacity. Thereafter, he strategically transferred ownership of the company to Tata Power in 2016, with a valuation of US $1.4 billion.

 

In his Unwavering commitment to clean energy, Mr. Mittal launched Avaada Energy in 2017, which later evolved into the Avaada Group , India’s leading integrated energy conglomerate. Its operations encompass Renewable Energy, Solar PV Manufacturing, Green Hydrogen & Its Derivatives like Green Ammonia, Green Methanol and Sustainable Aviation Fuel.

 

Avaada Energy, the flagship entity of Avaada Group, is India’s prominent renewable energy independent power producer (IPP). Within five years of its incorporation, it had amassed an impressive portfolio and set ambitious targets to reach 11 GW of capacity by 2026 and an 30 GW by 2030. The solar manufacturing division of Avaada Group is at the forefront of developing a large-scale integrated plant under the Production-Linked Incentive (PLI) scheme of the Indian government.

Sindoor Mittal

Vice Chairperson

Sindoor Mittal: Powering India’s green drive


Ms. Sindoor Mittal, Vice Chairperson, Avaada Group, is at the forefront of the global shift towards renewable energy. She is a core member of the leadership team at Avaada Group, India’s leading energy transition company, championing the Net Zero Mission of the Government of India.


A graduate of Stanford Graduate School and ISB-Hyderabad, Ms. Mittal is dedicatedly working towards establishing a sustainable world for future generations, which is in sync with the green energy solutions advocated by Avaada.


Ms. Mittal’s role at Avaada focuses on strategy, leadership development and fundraising. Avaada has had a marquee list of investors like ADB, Proparco, Brookfield Renewable and the PTT Group from Thailand.


In her previous role as Director of Welspun Energy, Ms. Mittal drove the company’s green energy agenda and spearheaded its solar business. She played a vital role in raising equity for the company and successfully handled the sale of the organization’s ~1140 MW renewable portfolio to Tata Power.


Ms. Mittal actively participates in the company’s CSR initiatives, which prioritize the education of girls, implementation of environmentally friendly practices, and healthcare provision to the communities where Avaada operates. She relentlessly pursues the belief that India can speed up its growth by encouraging greater economic participation of women.


Ms. Mittal, a well-known name in the industry, frequently serves as a keynote speaker at prominent forums. She has addressed in events such as RE-INVEST, Economic Times’ Global Business Summit, IFC’s Climate Business Forum, among others. Ms. Mittal was conferred with the “Asia One Young Asian Entrepreneurs 2019-20” and the “Women Leader of the Year- 2018” award.

T.R. Kishor Nair

CEO - IPP Business

T.R. Kishor Nair is a veteran of in the energy sector, with about four decades of unparalleled experience in Business Development, Project Management, and Strategic Planning for both domestic and international energy projects.

 

As one of Avaada’s early member, Mr. Nair has been with Avaada Group since its inception. He is presently the CEO of Avaada Energy- , the renewable energy arm of the group. Under his leadership, Avaada Energy has grown significantly and achieved an operational capacity greater than 4 GW in just over five years. With an additional 6 GW project under implementation, Avaada Energy is well poised to achieve its targets of 11 GW by 2026 and 30 GW by 2030.

 

Mr. Nair’s expertise has been instrumental in driving policy advocacy and raising industry concerns with both State and Federal Government for the renewable energy sector. He has extended his influence beyond the domestic market by representing the industry at many international business delegations and speaking at many domestic and international events. Mr. Nair is a veteran in renewable power industry and speaks quite regularly in various industry forums including CII, FICCI, SPDA etc. He has officiated as co-chair of the Renewable energy council of ASSOCHAM and Co-Chair of – the FICCI Renewable Energy Developers Task Force.

 

Prior joining Avaada Group, he had led major infrastructure projects with distinguished firms like NTPC, Bechtel, Reliance, and Welspun Energy, each renowned in its respective sector. He also provided strong leadership to the EPC division of Reliance Power in Bagging and executing various Mega power projects including UMPPs on a Turnkey basis. These projects created new benchmarks in the power industry for cost leadership and fast-track execution. Throughout his tenure in Bechtel, he carries significant international experience in Project Management in various business lines such as Power, Mining & Metals, and Petrochemicals.

 

Mr. Nair started his career with NTPC in the year 1984 and was involved in project management of coal and gas-based thermal power projects and of EHV & HVDC transmission lines.



Mr. Nair is widely recognized in the power industry, with diverse experience in the development and execution of many complex projects, ranging from supercritical to mega and Ultra mega projects under challenging time constraints and environmental challenges.

Vinoo George

PRESIDENT – Manufacturing

Mr. Vinoo George, a seasoned professional with over four decades of experience, heads the Manufacturing vertical as President at Avaada Group. His industry experience spans across diverse verticals like Manufacturing, Project Management, Sourcing, and International Business Development. He has been instrumental in the organization’s growth journey.

 

Mr. George is an unparalleled expert in building pipelines and developing large-scale projects and has been well-equipped in building strong relationships with vendors and suppliers, ensuring access to the best materials and technologies available. He oversees all aspects of the manufacturing operation, including vendor selection, technology selection, manufacturing setup, product quality, supply chain, and material procurement. He has set high standards for sourcing and supply chain management, ensuring the timely commissioning of solar and wind projects.

 

Prior to joining Avaada Group, he was associated with BHEL and Reliance Infrastructure. He holds a mechanical engineering degree from Madras University.

Mr. Lalit Sharma

President - Procurement

Lalit Sharma is a highly experienced procurement professional with a career spanning over three decades, characterized by his expertise and strategic prowess in sectors such as Refinery, Oil & Gas, Fertilizer, Telecommunication, and Consumer Business. He has successfully led large-scale projects and managed procurement operations, contracts, and project execution for renowned organizations like Reliance Industries Limited, Oswal Chemicals & Fertilizers, and Engineers India Limited.

 

In his previous role as Senior Vice President and Head of Procurement & Contracts for RIL’s consumer business, Mr. Sharma played a pivotal role in the nationwide expansion of retail initiatives, contributing significantly to the segment’s remarkable growth.

 

Renowned for his commitment to corporate governance and delivering sustainable growth, Mr. Sharma is valued for his ability to cultivate strong interpersonal relationships with both internal and external stakeholders, underpinned by his professional demeanor.

 

He holds a B. Tech degree with distinction from Punjab University Chandigarh and a PG Diploma in Financial Management from IMT Ghaziabad.

Radha MS

President – Procurement

Ms. Radha MS is leading the Procurement team as President at Avaada Group. Working across length and breadth to devise fruitful sourcing strategies, she has been instrumental in keeping the operations running smoothly.

With her rich experience spanning four decades in Design Engineering, Procurement, and Engineering Management, she has demonstrated exceptional leadership skills and an unwavering commitment to excellence through her expertise. Her strong expertise in Power Systems and SCADA has helped organizations navigate complex challenges.

Ms. Radha has presented numerous case studies/ papers related to Power Systems Protection at various events organized by institutions such as NTPC, CEA, Govt of India, CBIP, and others.

Prior to Avaada Group, she has worked with HCC Infrastructure, Reliance Power Limited, NTPC Ltd., and Hindustan Aeronautical Limited. She has successfully performed the role of lead engineer across various NTPC projects, including consultancy.

An IIT Mumbai Alumni, she holds a postgraduate degree in Power Systems Engineering.

Prashant Chobey

President – Business Development Avaada Group

Mr. Prashant Choubey, an alumnus of Harvard Business School and Delhi College of Engineering, is a seasoned professional with over 25 years of experience. He currently leads Business Development as the President at Avaada Group. He brings a wealth of expertise in managing national and international business development within the solar, renewables and green hydrogen/green ammonia sectors.

Mr. Choubey’s core competencies and interests encompass energy transition, sustainability, corporate renewables, green hydrogen/green ammonia, policy advocacy, government relations, regulatory affairs, strategic HR, employer branding, and organization building. He played a significant role in taking the organization to the leader’s spot in offering sustainable renewable energy solutions to leading national and international corporates in India. He is also engaged in green hydrogen and derivatives projects development for the group. Under his guidance, Avaada Group has earned accolades such as being ranked among the top 50 best companies to work for by The Times of India-Ascent and among the top 10 solar companies in India by Solar Quarter magazine.

A prolific speaker, Mr. Choubey has been prominent at numerous national and international events. He has presented papers and delivered speeches on energy transition, renewable, and solar energy at prestigious international conferences and forums in countries such as Austria, Turkey, Spain, USA, Vietnam, and Japan. He frequently speaks at leading renewable energy and sustainability-focused events in India and abroad.

Before joining Avaada Group, Mr. Choubey was associated with National Hydroelectric Power Corporation (NHPC Ltd, a Government of India Enterprise) and Reliance Infrastructure Limited. In recognition of his outstanding contributions, he was honoured with the Young Engineer Award in 2001 by the Central Board of Irrigation and Power, India.

Mr. Gulab Singh

President- Projects

With an illustrious career spanning over 38 years, Mr. Gulab Singh stands as a highly respected leader in the renewable energy sector. As Head of Projects at Avaada Group, he has earned a reputation as a master for his exceptional ability to deliver large-scale projects ahead of schedule, while maintaining stringent quality and EHS standards.

Mr. Gulab possesses a unique talent for uniting diverse teams across engineering, procurement, and construction, driving them to collaborate seamlessly and achieve outstanding results. His leadership style is characterized by a firm belief in empowering his teams, fostering both organizational success and individual growth.

His extensive experience spans across project management and construction of thermal power plants, cross-country pipelines, refineries, petrochemical plants, and solar  projects, both within India and abroad. Mr. Gulab’s strategic insight and operational capabilities ensure the flawless execution of projects from concept to commissioning.

Mr. Gulab has started his carrier with NTPC and later joined Engineers India Limited.  Before joining Avaada Group, Mr. Gulab held leadership positions at some of the industry’s most respected organizations, including Sterling and Wilson Renewables, ACME Solar, Welspun Energy, Reliance Power, and Reliance Industries. He holds an Electrical Engineer Degree from MITS Gwalior.

Mr. Narinder Goyal

President, New Initiatives/Ammonia

Mr. Narinder Goyal, a Chemical Engineer and postgraduate in finance, heads Green Ammonia business at Avaada Energy Private Limited (India).

 

A specialist in Project Management and Plant Operations, his three decades of experience in nitrogenous fertilizer sector entail successful implementation of mega projects, strategic planning, cross-functional team building, sustained plant operations, and ESG performance.

 

2200 MTPD blue ammonia plant, built and commissioned under his leadership in January 2019, is among the licensor’s showcased plants and the most efficient as of today. He played a significant role in achieving sustained plant operations continuously for 2 years, thus cutting down on unproductive energy losses due to undesired shutdowns.

 

He is a key speaker on various topics, including Ammonia technologies, effective project management, India as the next manufacturing hub and clean fuel technologies to achieve decarbonization.

 

He has globally travelled across the process industry, licensors’ engineering offices, and equipment manufacturers’ facilities and is known face in the ammonia industry.

 

He is currently working on the development and implementation of Green Hydrogen & its Derivatives like Green Ammonia, Green Methanol and Sustainable Aviation Fuel.

Jyoti Mistry

SVP - Secretarial & Compliance

Ms. Jyoti Mistry heads the Secretarial and Compliance functions as Senior Vice President at Avaada Group and is responsible for secretarial and overall compliance.

 

She is a member of the Institute of Company Secretaries of India, done her graduation in Law from Jitendra Chauhan College, and Post Graduate Diploma in Financial Management from Narsee Monjee Institute of Management Studies.

 

She has over 24 years of experience in secretarial and overall compliances of the Company and worked earlier with various other sectors like Manufacturing, IT-enabled services, etc.

Deepak Agarwala

Sr. Ex. Vice President - Equity & Investor Relations and Strategy

Mr. Deepak Agrawala heads the Equity & Investor Relations and Strategy functions as Senior Executive Vice President at Avaada Group. With over two decades of experience in the financial sector, Mr. Agrawala is an unparalleled expert in Institutional Equities, Investment Banking, Fundraising, M&A and Capital Markets (IPO, OFS, QIP).

 

Mr. Deepak Agrawala boasts an impressive track record of over two decades working for top-tier companies such as, Bank of America Merrill Lynch, Deutsche Bank, Ernst and Young, CRISIL, Elara Capital and Bajaj Auto Ltd. He has been actively involved in transactions involving raising ~ US$ 10bn of capital during the journey so far by successfully advising corporates spanning across Energy & Infrastructure, Financials, Defense, Industrials and Capital Goods sectors.

 

He completed Mechanical Engineering from Veermata Jijabai Technological Institute (VJTI), Mumbai, and a Diploma in Business Finance from ICFAI. He has earned his MBA from IIM Lucknow.