GURGAON, Haryana, India, May 2024 — Azure Power Global Limited (“Azure Power” or “the Company”) (OTC: AZREF), a forefront player in sustainable energy solutions and renewable power production in India, has officially announced the appointment of Mr. Brijesh Mehra as a non-executive Director and the Chairman of the Board of both the Company and Azure Power India Private Limited, effective May 08, 2024. This appointment comes as Mr. Mehra is nominated by CDPQ Infrastructures Asia Pte Ltd.
With over 35 years of extensive experience in the banking sector, Mr. Mehra has played pivotal roles across various capacities, including overseeing businesses throughout India and multiple South Asian regions. His previous tenure at RBL Bank as head of the Wholesale business and prior roles including Country Executive India and Southeast Asia/India Cluster Head of Corporate and Institutional Banking at Royal Bank of Scotland (RBS) underscore his profound expertise. Mr. Mehra is an alumnus of Delhi University and the prestigious Indian Institute of Management (IIM) Ahmedabad, where he earned his MBA.
Mr. Sunil Gupta, Chief Executive Officer of Azure Power, expressed his enthusiasm about the new appointment, stating, “We are pleased to have Brijesh join our Board as the Chairman. We believe that his rich leadership experience, excellent insights about the business environment, and deep understanding of financial and capital markets will be valuable assets for the Company’s transformation journey.”
Mr. Mehra also shared his perspective on his new role, saying, “I am delighted to join the Azure Power team. The Indian renewable energy space is thriving, and Azure Power is well situated to capture its growth potential. I look forward to working with the other members of the Board to lead Azure Power through its next phase of growth.”
Azure Power stands as a significant contributor to India’s energy transition, having developed, constructed, and operated renewable energy projects since 2009. The company is dedicated to providing innovative solutions to meet the diverse energy needs of its customers, playing a crucial role in accelerating India’s shift towards sustainable energy sources.
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