Noida, Uttar Pradesh, India, December 2025 — Kalpa Power Private Limited has appointed Pankaj Aggarwal as its Chief Financial Officer, entrusting him with leadership of the company’s Finance, Compliance, and Corporate Strategy functions. In his new role, Pankaj will work closely with the leadership team to sharpen strategic decision-making, strengthen financial discipline, and support long-term value creation as Kalpa Power continues to scale its clean energy operations across India.
In his current role as Chief Financial Officer at Kalpa Power Private Limited, Pankaj Aggarwal is responsible for overseeing the organization’s financial governance, compliance frameworks, and corporate strategy. His mandate includes strengthening financial systems, enabling capital efficiency, and supporting Kalpa Power’s ambitious growth plans in solar energy and battery energy storage solutions.
Prior to joining Kalpa Power, Pankaj served as Senior Vice President – Finance at Kalpataru Projects International Limited, where he played a key role in strengthening financial governance and supporting scalable growth across large infrastructure and project-led businesses. His work involved close collaboration with leadership teams to enhance financial controls and enable disciplined expansion.
Earlier, he spent nearly 15 years with STL (Sterlite Technologies Limited), where he held multiple finance leadership roles across geographies. Most notably, he served as CFO – Global Services, leading complex, multi-region businesses spanning India and the United Kingdom. During this phase, he also worked as Business Finance Controller for both the telecom and power transmission businesses, supporting manufacturing, EPC operations, and large-scale infrastructure projects. His responsibilities included financial planning, business partnering, risk management, and profitability improvement across diverse verticals.
Before STL, Pankaj Aggarwal was associated with Atul Limited as Manager – Finance, further strengthening his foundation in finance and control. He began his professional journey at the Cotton Corporation of India Limited, where he worked as an Account Manager, gaining early exposure to financial operations, compliance, and large public-sector environments.
Leadership Expertise
With over 23 years of experience in financial leadership and corporate strategy, Pankaj Aggarwal brings deep expertise across financial planning, capital allocation, risk management, mergers and acquisitions, post-merger integration, and international expansion. He is widely recognized for building robust financial systems, driving profitability, and supporting organizations through complex growth journeys.
About Kalpa Power Private Limited
Kalpa Power Private Limited has been at the vanguard of India’s clean energy movement as an energy management company overseeing the entire project lifecycle—from design and engineering to installation and asset management. Leveraging solar energy and battery energy storage solutions, Kalpa Power delivers turnkey EPC execution, uninterrupted service, and 24×7 proprietary remote monitoring to ensure peak plant performance and long-term value.
With a team of over 300 professionals, Kalpa Power has completed nearly 200 projects for more than 300 customers, delivering approximately 300 MWp of installed capacity across rooftop and open-access solar installations nationwide. The company has been recognised as one of India’s top four fastest-growing solar companies in 2024 by Mercom India and ranked among the top 10 rooftop and on-site solar providers by JMK Research. Inspired by the power of the sun and a strong “Make It Happen” spirit, Kalpa Power is committed to growing to 5 GW of installed capacity by 2030.
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