Virescent Renewable Energy Trust's objective is to make responsible investments in renewable and sustainable energy projects
Virescent is derived from a Latin verb "Virescere", meaning "to become green"
Our portfolio includes 512.4 MWp of solar assets located in Gujarat, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu, and Uttar Pradesh.
Board of Directors
Pradeep Kumar Panja
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 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.
Daisy Chittilapilly is currently the President of Cisco’s India and SAARC theatre with 25 years of valuable experience in the technology industry. She holds a strong track record of transforming operations and cultures to drive growth at scale. Prior to Cisco, she worked with Wipro Limited across multiple sales management roles. Additionally, she serves on the Executive Council for NASSCOM, and as the Co-Chair on the FICCI National Committee for AI and Digital Transformation.
Aditya brings with him a rich industry experience of over 40 years. Aditya Narayan has been the Chairman of Board for Sanofi India since April 2016. He served the erstwhile ICI Limited – now known as Akzo Nobel India Limited – for about 30 years across diverse functions and businesses. He was its Managing Director from 1996-2003 and then its non-executive Chairman from 2003-2010. From 2005-2009, he was the President and CEO of BHP Billiton, India. Additionally, he has served as an Independent Director on the Boards of number of companies including Hindustan Unilever.
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.
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.