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Board of Directors

Mr. R. V. Shahi – Chairman


Mr. Shahi held the position of Secretary to the Government of India, Ministry of Power for nearly five years from April 2002 to January 2007. In this position, he was responsible for policy initiatives and implementation for the entire Power Sector (1,68,000 MW capacity) in India. During his tenure, the Indian Power Sector went through a major restructuring with the institution of the Electricity Act, 2003 and subsequent National Electricity Policy, 2005 and National Tariff Policy, 2006. Other major initiatives launched include the Accelerated Power Development & Reform Programme (2002), Rural Electrification Policy (2005), Ultra Mega Power Policy (2006) and Merchant Power Policy (2006).

Mr. Shahi was also directly responsible for the long-term planning and operational performance of the Central Public Sector Undertakings viz. National Thermal Power Corporation (NTPC), Power Grid Corporation of India Ltd, National Hydroelectric Power Corporation, Satluj Jal Vidyut Nigam Ltd, Tehri Hydro Development Corporation, Power Finance Corporation, Rural Electrification Corporation, Bhakra Beas Management Board and Damodar Valley Corporation. He was also President of the Governing Council of Central Power Research Institute, Chairman of the Executive Committee of Bureau of Energy Efficiency and Chairman of the Governing Council of National Power Training Institute having 5 large Training Institutes in various parts of the country.

Mr. Shahi's academic qualifications include Graduation (Mechanical Engineering), Post Graduation (Industrial Engineering), Post Graduation (Business Management) and Diploma in Advanced Industrial Management (Delft, Holland). He is a Fellow of the World Academy of Productivity Sciences. He is a Fellow of Institution of Engineers (India), a Fellow of International Institute of Electrical Engineers, and a Fellow of the Indian National Academy of Engineering.

Prior to his appointment as Secretary, Mr. Shahi was Chairman and Managing Director of BSES Ltd from 1994 to 2002. Earlier, for over 16 years, he was with National Thermal Power Corporation (NTPC) holding various positions between 1978 and 1994. These included General Manager in charge of Dadri Power Project; Executive Director in charge of Southern Region of NTPC, and finally Member on the Board of Directors of NTPC in-charge of Operations, R&D and Commercial functions. Prior to this, Mr. Shahi worked for over 10 years with Hindustan Steel Ltd / Steel Authority of India.

He was Chairman or Member on Boards of various companies, as also in the Audit Committees of the Boards, during different periods (1991 - 2002), including member on the Board and Audit Committee of Power Grid Corporation of India. He was Chairman of World Energy Council- Indian Member Committee (WEC-IMC) during April, 2002 to January, 2007. Member (2003 - 2006) on the Policy Group of Carbon Sequestration Leadership Forum (CSLF), a US led global initiative; Member (2005 - 2006) on the Govt. Steering Committee for the US led global initiative on Zero Emission Future Generation Project. He has been closely associated with industry bodies such as Confederation of Indian Industries (CII), Federation of Indian Chamber of Commerce & Industries (FICCI), Associated Chamber of Commerce and Industry of India (ASSOCHAM) as Member or Chairman of various Committees. He was also a member on more than sixteen Committees and Organizations covering diverse topics related to Energy, Environment, Human Resource Development and Education. In 2006, he was made Chairman of the Government of India's Working Group on Power for Eleventh Five Year Plan (2007-12). He is on the Boards of Governors of Indian Institute of Management (IIM) Lucknow, Management Development Institute(MDI) Gurgaon, and Xavier Institute of Management, Bhubaneshwar.

 

Dr. Devi Singh – Director


Dr. Devi Singh assumed charge as Director, Indian Institute of Management, Lucknow in August, 2003. Before joining IIM, Lucknow, he was Director of Management Development Institute (MDI), Gurgaon for about four years. He is a well-known Professor in the area of International Finance & Management. During his tenure, MDI was one of the fastest growing Business Schools in India and had been consistently ranked among the top 5 B-Schools in the country.

Before joining MDI, Dr. Singh was a Visiting Full Professor at the Faculty of Management, McGill University, Canada for five years. He had been a UNDP Fellow on International Management Education. He had been a Visiting Faculty to the International Centre for Public Enterprises, Slovenia. He is an alumnus Fellow of the Institute of World Affairs, Connecticut. He has taught at leading Business Schools in India and Abroad.

Dr. Singh has published several articles and presented papers at various national/international seminars. He is author of Three books in Finance and Management. Has been Consultant to leading Public & Private Sector and multinational organizations in India. He has been on several Committees of Government of India, All India Council for Technical Educational, PHD Chamber of Commerce & Industry (PHDCCI) Standing Committee on Public Enterprises (SCOPE) and All India Management Association (AIMA). He has been a member of Board/Academic Council of Indian Institute of Management Calicut, Narse Monjee Institute of Management Studies, Mumbai, Indian Institute of Mass Communication, New Delhi and Jamia Hamdard University. He is also on the Board of Governors of a few leading Indian companies.

Dr. Singh holds a Ph.D. in International Finance from Indian Institute of Management, Ahmedabad.

 

Mr. A.K. Purwar – Director


Mr. A.K. Purwar is having about 40 years of experience in Banking Industry. He has done Masters Degree in Commerce from Allahabad University in 1966 and a Diploma in Business Administration in 1967. During his career, Purwar held several important positions covering the whole gamut of commercial banking operations. Mr. Purwar has served State Bank of India as chairman for over three years, the longest term for any head, as compared to the terms of most chiefs since the mid-90s that ranged from two months to two-and-a-half years.

As Chief Executive Officer of the Tokyo Branch of State Bank of India from September 1995 to June 1998, he had arranged syndication of foreign currency loans and structured large profitable deals with KEXIM of South Korea.

Mr. Purwar was appointed, as the Managing Director of State Bank of Patiala in December, 2000 and was responsible for the integration of its treasury operations, computerization of all branches and for product innovation.

Mr. Purwar took charge at the helm of SBI in November 2002. Under his leadership, the Bank had taken giant strides in technological innovations. All the 13800+ branches of the group were fully computerized by 2004.

 

Mr. V.V. Ramakrishna Rao – Director


Mr. V.V. Ramakrishna Rao is former Chairman and Managing Director, Central Electricity Authority and Ex-Officio Secretary to Government of India with over 42 years of experience in Indian Power Sector.

He is having exposure to various filed of activities including Technical, Operational, Economic, Legal, Administrative and Human Resources Development. He is having experience in Planning for Power Development, Integrated operation of power systems, Assessment & Monitoring of Power Supply Position in the country, Assessment of Hydro Resources, Coordinated Planning of hydro power schemes in the context of overall river basin development and computing demand on water resources (and irrigation, flood control and navigation) as well as overall generation development scenario, Overall Management, Secure Operation & Control of Five Regional Grids in the Country through Regional Electricity Boards & Regional Load Dispatch Centers, Promoting Integrated Operation, Intra- Regional exchange of Power and Inter- Regional exchange of Power, Planning and development of Transmission & Distribution facilities in the country, Construction, Monitoring, Design & Engineering of Transmission Systems consistent with National Power Plans.

 

Dr. C R Prasad – Director


He is the recipient of many awards, like the SCOPE award for “Excellence and Outstanding Contribution to the Public Sector Management – Individual Category for the year 1998-99”, NAFEN Annual Excellence Corporate Award for “Best Energy Man of the Year – 1999” and “Best Manager of the Year” Award in 1987 for outstanding achievements in Project Management.

He has successfully commissioned world’s longest 1250 km Jam Nagar-Loni LPG pipeline. He is the Author of a large number of papers contributed to various forums and journals on Project Management, Human Resource Management and Corporate Governance. He had participated in various International Forums/Conferences on oil and gas at Houston, London, Paris, Perth, Nice and Copenhagen.

He has the membership of many professional Bodies like Academic Council of Indira Gandhi National Open University, Sectional Committee – IV of Indian National Academy of Engineering, Petrotech Society, Industry Executive Forum of Indian National Academy of Engineering, All India Management Association, Indian Technical Committee on Germanischer Lloyd, Indian Institute of Gas Engineers, Energy Committee (ASSOCHAM), Advisory Board (Indian School of Petroleum). He is the Fellow of Institution of Engineers and Institute of Mechanical Engineers.

Dr. C.R. Prasad has 45 years of experience in Oil & Natural Gas and Energy Sectors since 1964. He was the Chairman & Managing Director of Gas Authority of India Ltd. from 1996 upto 2001. He has also worked as Chairman for British Gas India, Mahanagar Gas Ltd., Indraprastha Gas Ltd. and as Regional Director for Oil Natural Gas Commission, Mumbai.

 

Mr. Deep Mishra – Director


Mr. Deep Mishra works across the investing platforms of Private equity, real estate and logistics. He has previously worked with the hedge fund Och Ziff Capital management for 3 years, where he was involved in public investments and led private investments across sectors such as financial services, real estate, infrastructure and technology in India. Prior to that, he spent 3 years with Ernst & Young as a Vice President with the Investment Banking team. He was also one of the founder Directors of a financial software products Company from 1999-2002 and before that worked for 2 years each as a financial analyst with TCG and a credit analyst with UTI. Mr. Deep Mishra holds a B. Tech in Mechanical Engineering from IIT Kanpur (1993) and a post Graduate Diploma in Management from IIM Calcutta (1996)

Mr. Abhilesh Gupta – Director

Mr. Abhilesh Gupta is Bachelor in Commerce and a Chartered Accountant. He has more than 20 years experience in Finance and Commercial with specialization in Project Finance & Treasury Operations, Contracts execution, Restructuring etc. He is designated as Group CFO of Asian Genco Pte Limited, Singapore and is responsible for entire gamut of Finance, Commercial and Legal function of the Group. Before joining Asian Genco Group, he was working with Petronet LNG Limited, New Delhi, (the largest LNG importer and operator of LNG terminals in India having turnover of approx. Rs. 30000 crores) as General Manager – Finance. During his tenure in Petronet LNG Limited, he has presented papers and spoken in various national and international conferences on Project Financing for LNG Chain, Risk Analysis and Mitigation for Regasification Terminals, New Investment Opportunities in LNG both in India and Overseas etc.