Ruia's owned Essar Power Limited has appointed Ankur Kumar as the Chief Executive Officer of its renewables business division, the company said on Thursday.
«Ankur will play a key role in advancing Essar's commitment to transitioning into green energy and establishing a robust renewable ecosystem in India,» said Essar Power in a press statement, adding that with over 24 years of experience in renewable energy and public infrastructure sectors, Kumar brings a wealth of knowledge and expertise to his new role.
Previously Kumar served as the CEO at ACME Solar Holdings Pvt. Ltd., spearheading the strategic expansion of the company into green hydrogen and ammonia businesses. He also held a leadership position at TBEA Xinjiang Sunoasis Co. Limited, a Chinese green energy company.
«In his new role at Essar Power, Kumar will collaborate closely with the Essar Power board and leadership teams to work towards building a strong portfolio in renewable energy and onboarding other crucial talents to drive Essar Power's green energy initiatives forward,» the company said.
Kumar is an alumnus of the Indian Institute of Management, Indore, where he obtained his MBA in Finance and Strategy. He also holds a Bachelor of Commerce (Hons.) degree from Delhi University.
Prashant Ruia, Director, of Essar Capital said, «Essar is aggressively pursuing its vision of transforming sector landscapes to green. With Ankur Kumar joining us, we hope to further our plans in renewables. His wealth of experience and demonstrated leadership will