6

Click here to load reader

Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

Embed Size (px)

Citation preview

Page 1: Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

26th September, 2014 • 2.15pm - 3.45pm

Knowledge Partner

(A Pre Vibrant Gujarat Event)

26-27-28 September, 2014

Pandit Deendayal Petroleum UniversityGandhinagar, Gujarat.

Speaker Profile

Sponsored by:

Seminar on Energy Financing:

Challenges & Solutions

Page 2: Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

Speaker:

Seminar Schedule

(A Pre Vibrant Gujarat Event)

26-27-28 September, 2014

Pandit Deendayal Petroleum UniversityGandhinagar, Gujarat.

2 3

September 26, 2014

Inaugural Session 10.00am 11.30am to

CEOs Roundtable on 11.45am to 1.15pm

Challenges and Opportunities of Energy Industries

Energy Financing: Challenges & Solutions 2.15pm to 3.45pm

Queensland Gujarat Energy Round table 4.15pm to 5.45pm

September 27, 2014

Solar & New Energy Resources: The Indian Perspective 10.00am to11.30 ma

Smart Grid Technology: The Way Forward 11.45am to 1.15pm

HR Round Table on “The emergence of Learning & 10.30am to 12.30pm

Development as the key Business Application in

the Petroleum Sector – Challenges and Issues”

Shri S. K. Negi

Managing Director

– ConvenerGETCO

Shri Sanjeev Gupta

Managing Director

NEXGEN Financial Solutions Pvt. Ltd.

Shri Ashish Khanna

Lead Energy Specialist, South Asia

World Bank

Shri M. Narendra

Former CMD

Indian Overseas Bank

Shri S. B. Nayar

Chairman & Managing Director

India Infrastructure Finance Company Ltd.

(IIFCL)

Shri Rahul Sankhe

, Indian Utility Services MD

SunEdison

Shri D S Ahluwalia

Executive Director,

Rural Electrification Corporation Ltd.

Shri Abhinav Kapadia

Chief Finance Officer

Pandit Deendayal Petroleum University

Energy Financing: Challenges & Solutions

Page 3: Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

• Chartered Accountant with more than twenty years of Merchant Banking experience especially in the Infrastructure Financing.

• Trained in ‘Due-Diligence, Private Equity, Valuation of Enterprise & Venture Capital Industry’ at a special course conducted at Singapore in 1996.

• Co-Founder & Managing Director of “NEXGEN” – a SEBI registered (Category 1) Merchant Banker, providing integrated funding solutions mainly for Debt as also Equity.

• Accredited with more than Rs. 50,000 Crores (US $ 8 bn approx.) of Fund Syndication.

- Out of this more than Rs. 30,000 Crores (US $ 5 bn approx.) is for

Energy Sector Companies & Gujarat State accounts for 60% of

NEXGEN’s business.

• NEXGEN under his leadership has developed a specific focus & expertise in Solar Power Financing with an aggregate Debt Syndication of Rs. 1,712 Cr. achieving Financial closure of 210 MW (spread over 11 SPVs):

• being 23% of total 916 MW executed in Gujarat till 31. 03. 2014.

• and 8% (+) of total 2,631 MW executed in India till 31.03.2014.

• Currently associated as:

• Chairman – Banking; Banking and Financial Services Committee, PHD Chamber of Commerce & Industry

(PHD Chamber). Besides, he is also an active Managing

Committee Member of PHD Chamber.

• Financial Advisor & Head – ‘Finance, Banking & Legal’ of

National Solar Energy Federation of India (NSEFI).

• Also, Authored various Articles on Port & Maritime

Financing; SME Financing, besides being a regular contributor to

PHD’s Monthly Bulletin on the following topics :

• Know Your Banker (KYB) : An article based on the Interview of

Bank’s & Institution’s Leadership.

• FINWIZ: A Master Class Article – Demystifying Various

Financial Jargons.4 5

Shri S. K. NegiManaging DirectorGETCO

Shri Sanjeev Gupta Managing DirectorNEXGEN Financial Solutions Pvt. Ltd.

Mr. Surinder Kumar Negi is the Managing Director of Gujarat Energy

Transmission Corporation Limited, State Transmission Utility in Gujarat,

He holds the B.Tech Degree from G.B.Pant University of Agri &

Technology, Pantnagar and started his career in 1980 with NTPC. He has

been in Transmission and Distribution of Power Sector through out his

career til! date both in Public and Private sector companies.

He has taken a lead role in execution of many AC and HVDC stations and

transmission lines. Design and Engineering of EHV sub-stations,

implementation of project management practices, established Design and

Engineering process for ISO 9001-2000 and has been member of many

expert groups including transformer maintenance and cost effective design

and engineering solutions for Renovation and Modernisation jobs

Page 4: Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

6 7

Shri M. Narendra started his banking career when he joined Corporation Bank as a Trainee Officer in January 1975. In Corporation Bank, his hard work and dedication earned him the recognition of being a member of Chairman's Club for eight years in a row and 18 more years. He joined Bank of India as Executive Director in November 2008. While he was with Bank of India, the Bank won many awards.

Shri M. Narendra joined Indian Overseas Bank as the Chairman & Managing Director on 1st November 2010. The Bank had registered a low growth during the previous year 2009-10 and the same trend was continuing in the first half of 2010-11 also. In order to inject a new enthusiasm, he gave a call “Mission 100 days” to reach a business mix of Rs. 2,25,000 crores.

He led the mass outreach programme 'Walk-in-Bank', a campaign in which all the employees of the Bank participated. Another similar mass contact programme, 'IOB Smile' was launched to reach the unreached giving a fillip to the financial inclusion programme. These initiatives energised the rank and file, and the 100 day mission was accomplished successfully. The momentum built up created the buoyancy for a creditable growth for the year ended 31st March 2011, with the business level crossing Rs.2,50,000 crore mark. The improved performance continued for the years 2011-12 and 2012-13, when the business rose to Rs. 3,66,500 crore. From being the 10th rank in terms of business as of 31st March 2010, the Bank rose to 7th rank since March 2011.

Some of the prominent awards he won for IOB are :

• National Award for Excellence in MSE lending for the year 2010-11

• Dun & Bradstreet – Polaris Software Banking Awards 2011 – Best Bank Award for Micro Credit

• Skoch Award 2012 for Financial Inclusion of Nilgiri tribals

• Best Bank Award 2012 from All India Manufacturers Organisation

• National Award for Excellence in MSE lending for 2011-12

• National Award for Outstanding Performance in implementation of PMEGP in South Zone for 2011-12

• Dun & Bradstreet – Polaris Financial Technology Banking Awards 2013 – Best Public Sector Bank in Priority Sector lending

• Skoch Awards 2013 – Best Availability of WAN and Paperless Board

• The Sunday Standard Best Bankers Awards 2013 under

A graduate from Harvard University, Ashish Khanna has been working for

thirteen years in World Bank and leading international consultancy firms on

investment projects and policy issues across energy sector value chain. The

projects ranged from legal and regulatory reforms; power generation,

transmission and distribution projects; gas policy and transmission; to

renewable and energy efficiency program.

Ashish is currently leading India wide energy program of World Bank

(covering federal government and all states) including a portfolio of $6

billion across energy sector value chain and managing client relationships

with senior most levels in government, public organizations, private sector

and industry forums. He is also leading the renewable and energy efficiency

program of World Bank in India.

Addressing Global issues and International policy in energy including

assistance on policy interactions with G20, World Energy Outlook,

International Energy Agency and collaboration of India with China, Brazil

and other countries have been a core part of Ashish's portfolio alongside,

strategy formulation and implementation of energy policy at national and

state level in India.

A recipient of John Galbraith fellowship for academic performance and

Littauer fellowship for future leadership potential, Ashish has been

regularly speaking at international and national forums on energy policy.

Prior to joining World Bank in 2005, Ashish worked with KPMG/ Arthur

Andersen as Senior Manager – Infrastructure and Government Practice.

Shri Ashish KhannaLead Energy Specialist, South AsiaWorld Bank

Shri M. NarendraFormer CMDIndian Overseas Bank

o Best Indian Banker - Large

o Best Public Sector Banker - Large

o Best Public Sector Banker Customer Orientation

• ASSOCHAM's Social Banking Excellence Award 2013 under the Public Sector Banks category – runner-up

• Development Leadership Award given by 6th Agriculture Leadership Awards Committee 2013

• Government of India's RSETI Awards 2013 – AA ratings for 2 RSETIs & A ratings for 3 RSETIs, given during RSETI Diwas on 21st November 2013.

• Chamber of Micro, Small & Medium Enterprises CIMSME Awards 2014 for Best Bank in Financial Inclusion, Runner-up in Excellence in MSME and Jury Awards for New Initiatives.

• IBA Banking Technology Awards 2012-13 – Best Use of Business Intelligence

• Tamil Nadu Government Award for Best Bank – for excellence in extending credit to Self Help Groups for 2011-12

• National Award for Effective Implementation of PMEGP in South Zone for 2012-13

• IBJ Business Excellence Awards 2013 – Customer Focus Award

• Skoch Order of Merit for Financial Inclusion and Automated Data Flow / MIS Project for the year 2014

• CNBC TV18 CFO Award 2014 – for exceptional contribution to banking industry

• Lokmat BFSI Award 2014 – Best Bank (Public Sector)

Indian Overseas Bank is in its 78th year of operations. The Bank crossed the Rs. 4,00,000 crore mark in global business. As of 31st March 2014, the global business was at Rs. 4,09,057 crore.

Many initiatives have been taken in Indian Overseas Bank since his taking over. Some of them are :

• Massive branch expansion, by adding nearly 1250 branches since he took over, crossing the 3000 mark on 17th August 2013, and was at 3,265 as of 31st March 2014.

• Opening of specialised branches (GenNext) to attract youngsters

• Opening of specialised agri credit branches

• Setting up of Rapid Retail Processing Centres and MSME Loan Processing Centres, to reduce turnaround in processing of applications

• Reorganisation of departments under business verticals

• Opening of City Back Offices, to centralise back-up jobs

• Record number of promotions during the last three years

• Large scale recruitment, staff strength crossing 30,000

o IOB is among the top preferences of the bank job

aspirants who take up IBPS selection

With his positive approach and unflinching faith, he strove to take IOB to be among the top 5 nationalised banks in the country, touching hearts and spreading smiles among its millions of customers and creating value to all the stakeholders.

He retired as the Chairman & Managing Director of Indian Overseas Bank on 31st July 2014, on superannuation.

Page 5: Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

Rahul Sankhe is the Managing Director of India Utility Operations and Residential Solar, Asia Pacific Region. He has extensive background in cleantech and climate change, having played an important role in the National Solar Mission policy for India. Prior to SunEdison, Rahul was the Senior Engagement Manager with Mckinsey and Company in Mumbai where he advised leading Indian Corporates on strategy and operations and also led the climate change practice for India.

He also has semi-conductor experience, having worked in semi-conductor R&D in silicon valley for several years.

Rahul holds a B Tech from Indian Institute of Technology, Mumbai, a MS from University of Texas at Austin and an MBA from Indian School of Business from Hyderabad.

8 9

S. B. Nayar is the Chairman and Managing Director of the state-owned

infrastructure financier, India Infrastructure Finance Company Limited (IIFCL)

since December 2013. Nayar brings with him a rich working experience of

around 37 years in the finance and banking industry. This includes international

and investment banking, as well as the life insurance industry. Prior to assuming

the charge at IIFCL, he was the CEO and MD of IFCI Limited, another state-

owned infrastructure finance lending company. In the past, Nayar has been

associated with the State Bank of India, in the capacity of Deputy Managing

Director and Group Executive (Corporate Banking Group). He was

responsible for the overall supervision of several business verticals which, inter-

alia, included corporate accounts, project appraisal, financial institution

business, transaction banking and cash management business of the bank. He

was also in charge of project finance unit of SBI. The unit handles the

infrastructure lending operations of the bank, as well as the financing of non-

infrastructure projects worth above Rs 2.50 billion. Besides, he also piloted all

infrastructure sanctions through credit committee as well as SBI's Board. He

has also led most of the large scale restructuring / refinancing of major projects

in infrastructure and non-infrastructure sectors and is into Indian Banking

system for the past few years. Before this, he was handling the Corporate

Accounts Group as the Chief General Manager for a period of around three

years. He has an extensive exposure in the retail, small and medium enterprise

(SME) and corporate business of SBI in different parts of the country. With

respect to international banking, Nayar had worked with SBI's Hong Kong

office. He also has around four years of exposure to investment banking with

SBI Capital Markets Limited. He was also the member of the core team which

set up SBI Life Insurance Company Limited, a joint venture with a French

Insurance Company. Besides IFCI Factors Limited, Nayar has also been on the

Board of IFCI Limited, IFCI Venture Capital Funds Limited, IFCI Infrastructure

Development Limited, Tourism Finance Corporation of India Limited, and IFCI

Financial Services Limited. He was also on the Board of Governors/Governing

Body of Management Development Institute (MDI), Institute of Leadership

Development (ILD), and Entrepreneurship Development Institute of India

(EDII). Mr. Nayar is also an ex-officio Chairman of IIFC(UK) Limited, a wholly

owned off-shore subsidiary of IIFCL at London and holds the position of

Chairman in other subsidiaries of IIFCL viz, IIFCL Projects Ltd. (IPL), IIFCL

Asset Management Company Ltd. (IAMCL) and Irrigation and Water Resources

Finance Corporation (IWRFC).

Shri S. B. NayarChairman & Managing DirectorIndia Infrastructure Finance Company Ltd.(IIFCL)

Shri Rahul Sankhe MD, Indian Utility Services SunEdison

Page 6: Seminar on Energy Financing: Challenges & Solutionsenerasia.in/.../SpeakerProfile_26thSeptember2014_EnergyFinancing.pdf · Energy Financing: Challenges & Solutions. ... • Skoch

10 11

Shri Devinder Singh Ahluwalia is the Executive Director (Finance) at Rural Electrification Corporation Limited (REC). He has done B.Com (Hons.) from Delhi University. He is also a Member of the Institute of Cost Accountants of India (ICAI).

Shri Devinder Singh Ahluwalia has rich and varied experience of over 32 years in Indian Power Sector ranging from Appraisal, Financing and Monitoring of renewable as well as conventional power generation projects. While at NHPC, he was actively involved in the execution of hydro power projects at the ground level. He was also involved in awarding of major contracts packages and tariff fixation of hydro power stations through CERC.

He is also well acquainted with the problems confronting the transmission and distribution sector of the country as he has overseen the appraisal and financing of T&D projects at REC. On the fund raising front, he was also the in-charge of Resources Division of REC and raised funds through a basket of financial products.

Shri D S AhluwaliaExecutive Director, Rural Electrification Corporation Ltd.