Corporate Governance 1

Investing in change

Board of Directors

Pradeep Kumar Panja

Pradeep Kumar Panja

Independent Director

Pradeep Kumar Panja is the Chairman of Karnataka Bank Ltd with 40 years of valuable experience in finance and investment banking. Prior to this, he served as the Managing Director and Head of Corporate Banking of State Bank of India (SBI) and also had Board representations on several of its committees.
He is currently on the Board of several reputed companies, and a member of the Banks Board Bureau.

Akshay Jaitly 16 11 2021 1

Akshay Jaitly

Independent Director

Akshay Jaitly is the co-founder of the leading Indian law firm, Trilegal, and President at 262 Advisors, Paris. With over 25 years of experience in the legal field, Mr. Jaitly has been an active advisor on cross-border strategy and risk management for businesses across the globe. He is also involved with research initiatives on policy reform in the Indian power and infrastructure sectors. At present, Mr. Jaitly is a Senior Advisor at Trilegal and a member of their board.

vinay kumar 1

P. Vinay Kumar

Independent Director

P. Vinay Kumar is the founder of VARP Power and an industry veteran with rich experience of working at large power EPC companies and executing large-format T&D projects in India and Africa. Before his entrepreneurial venture, he was the CEO & MD of Brookfield Asset Management, India Renewables, responsible for clean energy asset acquisitions for portfolio growth. He was also the COO of Greenko Group and credited with building the world’s largest solar plant in India.

Mr. Hardik Shah

Hardik Shah

Non-Executive Director

Hardik Shah is the Managing Director at KKR & Co. Inc. As a member of KKR’s Asia-Pacific infrastructure team, he is responsible for its infrastructure investments in India. During his career spanning 15 years, he has led $4 billion of transactions in India across various infrastructure sectors such as Telecom Towers, Toll Roads, Airports, Energy Transportation, and Renewable Energy. Prior to joining KKR in 2018, he worked with the Macquarie Group and Brookfield.

sanjay garewal

Sanjay Grewal

CEO & Executive Director

Sanjay Grewal is an infrastructure and real estate industry veteran with over 30 years of track record in executing advisory and financing transactions worth over $20 billion. He has led landmark investments in diverse infrastructure sectors across India and other emerging markets in Asia. He has earlier worked with Altico, IDFC, Citi, Lehman Brothers, and International Finance Corp.

Management Team

sanjay garewal

Sanjay Grewal

CEO & Executive Director

Mr. Grewal is an infrastructure and real estate industry veteran with a 30 years plus track record of executing advisory and financing transactions worth over $20 billion. He has led landmark investments in diverse infrastructure sectors across India and other emerging markets in Asia. At Virescent, Mr. Grewal is responsible for planning and executing the strategy of the firm. He has earlier worked with Altico, IDFC, Citi, Lehman Brothers and International Finance Corp.

parin mehta

Parin Mehta

Chief Financial Officer

Parin Mehta has 18 years of experience across Investment Banking, Corporate Finance and Project Finance. He has a proven track record of advising infrastructure companies for equity raising,debt financing, bid advisory, M&A, capital markets and InvITs. At Virescent,  Mr. Mehta is responsible for the entire finance function, specifically driving the M&A, corporate and project finance verticals. He has earlier worked with Edelweiss, PwC, IDFC and Standard Chartered Bank.

atul raizada

Atul Raaizada

Chief Operating Officer

Atul Raaizada comes with over 28 years of experience in projects & operations management across renewables and packaging industries in India and abroad.
At Virescent, he is responsible for the overall operations of the company including land acquisitions, technology, regulatory and CMS functions. Prior to Virescent, he was the President – Project, Operations, Land and New Technologies at Hero Future Energies. He has also worked with renewables leaders such as Suzlon and Greeninfra.

Meghana Singh

Meghana Singh

General Counsel

Meghana Singh is a transactional and advisory lawyer with over 15-year professional track record. She currently helms the legal and compliance function at Virescent. She has extensive experience in private practice with large law firms in India and Singapore. She has held leadership positions in the infrastructure and financial services sector and worked closely with renowned business houses and teams to establish systems for compliance and legal risk management. Before joining Virescent, she was the group general counsel for IL&FS.

neeru bafna

Neeru Bafna


Neeru Bafna is an HR Leader with 16 years of global experience in heading the entire spectrum of HR functions, building start-ups, and transforming matured organizations across diverse industries & geographies. At Virescent, she is responsible for the Human Resource function. She comes with a proven track record of accomplishing metrics-driven outcomes whilst championing diversity/inclusion & shaping high energy workforce to enhance profitability. She has earlier worked with Axis Bank, Eros International, Reliance Jio & TCS.

Leadership Team

Mr. Kushal Varshney

Kushal Varshney

Chief Technology Officer

Kushal Varshney is a technology expert with over 14 years of multi-sectoral experience in defining IT strategies and the future roadmap of diverse organisations. At Virescent, he steers IT-related operations at the organisation level, including M&A activities. Before joining Virescent, he was the CIO of CleanMax Solar. He also worked with Mahyco Seeds, Deloitte, IBM and Raymond earlier.

Mr. Ashfan Ganatra 1

Ashfan Ganatra

Financial Controller

Ashfan Ganatra has over 13 years of experience across financial reporting, assurance, strategic & financial planning and investor relations. At Virescent, in addition to his role as financial controller, he is also responsible for supporting C-Suite and Board of Directors on enterprise wide strategic initiatives. He earlier worked for organisations such as Altico Capital and EY, where he steered various finance and strategic initiative for these firms.

Ms. Charmi Bhoot 1

Charmy Bhoot

Company Secretary

Charmy Bhoot has over a decade’s experience in the infrastructure industry. An expert in corporate law and compliance, she leads governance, secretarial and compliance at Virescent. She specialises in corporate governance, corporate restructuring, JV, InvITs, acquisition advisory and due diligence. In her previous roles, she managed compliance for the wind portfolio of IL&FS Group and worked with Brookfield Infrastructure Group.

Himanshu Aggrawal

Himanshu Aggarwal

Head – Corporate Finance

Himanshu Aggarwal has over 8 years of investment banking and corporate finance experience with a focus on infrastructure sectors, including renewable energy, roads, transmission, and real estate. He has led deal execution across fundraising, M&As, and InvITs. His current role at Virescent includes steering the corporate finance vertical with a specific focus on M&A and equity fundraising for the InvIT. He has earlier worked with Edelweiss, o3 Capital, Goldman Sachs, and McKinsey & Company.

N Maharajan


Head – Project Finance

N. Maharajan has around 8 years of experience in project finance, corporate finance, treasury management and debt syndication. He has a proven track record of debt financing for infrastructure projects. He currently leads the project finance vertical and debt financing at Virescent. Earlier, he also worked with JSW Group, Sterlite Power, SBI Capital Markets, and Power Finance Corporation.

Mr. Pradeep Patil

Pradeep Patil

GM-Environmental, Social, Health & Safety

Pradeep Patil has over 25 years of experience in the renewable energy sector. He has been associated with organisations like Sindicatum Renewable Energy, GlaxoSmithKline, ThermoFisher, and Strides Arcolab. He has a wide area of expertise in ESHS / ESG function in Renewable Energy (Cogen and Solar) and Pharma & Chemicals sectors in India, SE Asia & Africa. At Virescent, he is responsible for the entire ESHS / ESG function including compliances and CSR and Sustainability.

Mr.Neeraj Dubey 1 1

Neeraj Dubey

Head – O&M

Neeraj Dubey has over 14 years of experience in Asset Management in the renewable energy sector. He has worked with Reliance Energy Ltd, Torrent Power, Moserbaer Clean Energy Ltd, Welspun Renewable Energy, Tata Power, and Hero Future Energies. His area of expertise lies in upgrading
O&M strategies and practices in business. At Virescent, he is responsible for the O&M operations.

Mr. Anupam

Anupam Mathur

Head – Contract & Procurement

Anupam Mathur has over 17 years of experience in Supply Chain Management, Strategic Sourcing, Procurement, and contracts. He has proven his track record of cost savings by Redesign & Optimisation processes, improving the profitability of the business. He has been associated with Softbank Energy, Renew Power, Hindustan Power, Cairn Energy, and Birla Corporation in his past. At Virescent, he is responsible for Procurement, planning and executing initiatives to reduce procurement costs & contract Management.

Swapna Ravi

Swapna Ravi

Head – Finance & Accounts

Swapna Ravi has over 17 years of experience in Accounts, Finance, Management Reporting and Corporate Governance & Compliance. She has formerly worked with Surana, Covanta Energy & Shapoorji Pallonji. At Virescent, she is responsible for the Accounting, Audit, Banking, MIS and Tax

Sandeep Melana

Sandeep Melana

Head – Forecasting, Scheduling, and CMS

Sandeep Melana has over 12 years of experience in Renewable Technology. He has strong technical & program management skills in CMS development and Scada, Data Integration projects, and analytical tools of forecasting and scheduling. At Virescent, he is responsible for maintaining F&S, CMS, Scada, Application development & Database Management along with SCADA and Performance

Ms. Jyoti

Jyoti Tejwani

CFO with M&A

Jyoti has over 18 years of experience across financial reporting, project finance, Direct and Indirect taxes, due diligence, and transactional structuring. She is an active member of the ICAI and has earlier worked with Sindicatum Renewable Energy Pte Limited and CMC Limited (Tata Group Company). At Virescent, she is responsible for supporting M&A, transition, and integration of future acquisitions.


Gautam Gunjan

Head of Data & Analytics

Gautam Gunjan has over 13 years of experience in the renewable energy sector, across India and Europe. In his career, Gautam has worked with Tata Power, Hero future energies & Moserbaer Clean energy. At Virescent, he leads Data and Analytics team, works with the O&M team to ensure the quality of assets & maximize portfolio value through data analysis, budgeting and costs control.

Leadership Team

Key Policies

HSE PolicyOctober 1, 2020View>
ABC PolicyOctober 1, 2020View>
Vigil MechanismJanuary 20, 2021View>
Risk ManagementDecember 17, 2020View>
Terms of appointment of IDDecember 17, 2020View>