Avinash Rao

Avinash Rao Email and Phone Number

Managing Director and Chief Executive Officer @ Mahindra Susten
Mumbai, MH, IN
Avinash Rao's Location
Mumbai, Maharashtra, India, India
Avinash Rao's Contact Details

Avinash Rao personal email

About Avinash Rao

Mr. Avinash P Rao is a senior power sector professional with two and a half decades of industry experience in setting-up and running new renewable energy and power transmission platforms. Mr. Rao has recently taken-up a new leadership role at Sustainable Energy Infra Investment Managers Pvt. Ltd.Prior to SEIT, Mr. Rao was the Managing Director - Energy at Sekura India Management Limited (SIML), a specialist Real Asset management company of Edelweiss Alternatives (India's largest Alternatives platform with more than INR 40,000 Crores of AUM). Mr. Rao was also a member of the ManCo Group at Edelweiss Group.Mr. Rao joined the Infra Fund team at Edelweiss in Dec. 2017, and was appointed as the Whole-time Director and CEO of Sekura Energy Ltd. (portfolio company of Edelweiss Infrastructure Yield Plus fund) in 2018. He has been involved in leading the build-up of Sekura Energy from scratch including getting the management, enterprise and operating teams on board, overseeing implementation of standard practices in governance, business applications and technology, health safety and environment practices and prudent operating practices on asset management, while supporting the growth of the business and integrating assets acquired by the Sekura platform across transmission and renewable energy segments. Mr. Rao has overseen the transition of the energy business from core to super-core leading to a successful first partial exit for the fund through the Anzen India Infrastructure Yield Plus Trust (InvIT). Prior to the Sekura stint, Mr. Rao worked with various subsidiaries of CLP Group (CLP Holdings, Hong Kong) in India for over 20 years and handled several responsibilities including business development (greenfield & M&A), business valuation, project development, HSE accreditations, commercial construction and asset management, Corporate Foundation, Sustainability reporting, and was involved in setting-up and operationalizing the Renewable Energy business from inception to a 1,100 MW portfolio across wind and solar energy sectors.Mr. Rao is a Mechanical Engineer graduated from Mangalore University, has undergone management development program at IMD, Switzerland, and is a Future Leaders Team Alumni of the World Business Council for Sustainable Development, Switzerland.

Avinash Rao's Current Company Details
Mahindra Susten

Mahindra Susten

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Managing Director and Chief Executive Officer
Mumbai, MH, IN
Employees:
544
Avinash Rao Work Experience Details
  • Mahindra Susten
    Managing Director And Chief Executive Officer
    Mahindra Susten
    Mumbai, Mh, In
  • Sustainable Energy Infra Trust
    Chief Executive Officer
    Sustainable Energy Infra Trust Sep 2023 - Present
    Mumbai, Maharashtra, India
    Sustainable Energy Infra Trust (SEIT) is a private listed InvIT sponsored by 2726522 Ontario Limited (a 100% subsidiary of Ontario Teachers’ Pension Plan Board) (OTPP) and Mahindra Susten Pvt. Ltd. (a subsidiary of Mahindra & Mahindra Ltd.). SEIT is an Infrastructure Investment Trust formed to own and operate renewable energy assets. Sustainable Energy Infra Investment Managers Pvt. Ltd. is the Investment Managers (IM) to (SEIT).
  • Edelweiss Alternative Asset Advisors
    Managing Director - Energy, Sekura India Management Limited
    Edelweiss Alternative Asset Advisors Nov 2021 - Sep 2023
    As Managing Director - Energy, head the Energy Business for all the Infra funds managed by Edelweiss Alternatives including Edelweiss Infrastructure Yield Plus, Infrastructure Yield Plus-II; be responsible for the P&L of the energy business, replicate and better the success achieved by Sekura Energy Pvt. Ltd. for new platforms and assets acquired by the Infra funds, continue to offer oversight as Non-Executive Director on the Board of Sekura Energy in its capacity as a Holding Company for assets, as well as Sponsor & Regulated Project Manager to the Anzen India Infrastructure Yield Plus Trust (InvIT), lead diligence on new asset / platform acquisitions and manage their integration; and as a ManCo member of Edelweiss Group, lead and support strategic group initiatives.
  • Sekura Energy Private Limited
    Executive Vice President, Ceo And Whole-Time Director
    Sekura Energy Private Limited Oct 2018 - Oct 2021
    Mumbai Area, India
    As CEO and Whole-time Director, be responsible for: building the energy platform from scratch (organization & team build-up across operations and enterprise; development & implementation of processes, practices, governance systems, policies; technology; manage day to day operations; manage the Joint Venture assets (74:26 with Sekura / EIYP holding majority) with Engie Solar, be responsible for the P&L of the energy business; lead transition of the assets from core to super-core, enhance valuation of the business, prepare the business to deliver an exit to the fund through drop-downs to an invit or a strategic sell-down, and deliver growth of the business through M&A and seamless integration, jointly with the EIYP team.Sekura Energy Ltd.’s current fleet of energy assets under ownership are spread across 7 states in India covering Bihar, Punjab, Haryana, Rajasthan, UP, Telengana, Andhra Pradesh, and includes:1) 578 Ckt. Kms double circuit 400kV inter-state transmission lines from Amritsar in Punjab to Kurukshetra in Haryana {Sekura Energy owns 74% in NRSSXXXIB}2) 282 Ckt. Kms of 400kV double circuit transmission lines from Muzaffarpur to Dharbanga and LILO at Motihari in Bihar and two 400/220kV/132kV kV GIS substations and {Sekura Energy owns 74% in DMTCL}3) 813MWp of operating Solar generation capacity across Rajasthan, Punjab, UP, Telengana and Andhra Pradesh {74:26 Joint Venture between Sekura Energy / EIYP and Engie Solar, a leading French utility}Sekura Energy continues to actively pursue acquisition of other high quality assets in power transmission, wind energy, solar energy and similar segments of the Power sector.
  • Edelweiss Alternative Asset Advisors Limited
    Senior Vice President & Head - Energy Business (Edelweiss Infrastructure Yield Plus Fund)
    Edelweiss Alternative Asset Advisors Limited Dec 2017 - Sep 2018
    Mumbai Area, India
    Head the energy business with a focus on developing and running the energy platform involving power transmission and renewable energy assets
  • Clp India Private Limited
    Vice President - Bd&C, Renewable Energy, Innovation & New Energy
    Clp India Private Limited Apr 2014 - Nov 2017
    Mumbai Area, India
    Prior to joining Sekura Energy Ltd., associated with various subsidiaries of CLP Group (formerly China Light & Power, Hong Kong) in India for over 20 years. Responsibilities handled include Renewable Energy Business Development (greenfield and M&A), Project Development, Commercial construction & Asset Management; Regulatory Affairs; Roof-top solar, Innovation & New Energy (smart cities, data centers, etc.)Key highlights of tenure: Initiated the Renewable Energy business for CLP India in 2006; @~1050MW of operating capacity (as on Dec. 2017) of wind and solar projects and a healthy growth pipeline, CLP India was one of the largest RE IPPs in India; led building one of the first IPP teams in the Renewable Energy market in India; set market benchmarks for techno-commercial Due Diligence, contract structures / terms in the Indian RE market; led several valuation exercises through international and domestic investment banks to demonstrate value creation and support sell-down / retain discussions; set-up and operationalized the CLP India Corporate Foundation; institutionalized the process and release of annual Sustainability Reports for CLP India (WBCSD-FLT alumni); presented papers / faculty lectures in conferences, IIM-A, Administrative Staff College, etc.
  • Clp India Private Limited
    General Manager - Business Development (Renewable Energy)
    Clp India Private Limited Apr 2011 - Mar 2014
    Mumbai Area, India
    Renewable Energy Business Development, Commercial Construction & Asset Management, Sustainability Reporting
  • Clp India Private Limited
    Deputy General Manager (Renewable Energy)
    Clp India Private Limited Apr 2009 - Mar 2011
    Mumbai Area, India
    Renewable Energy - Business Development, Commercial construction & Asset Management, Corporate Foundation structuring
  • Clp India Private Limited
    Manager - Business Development (Coal, Gas, T&D And Renewable Energy)
    Clp India Private Limited Apr 2005 - Mar 2009
    Mumbai Area, India
    Coal & gas fired power Business Development; T&D Business Development; Renewable Energy - Business Development (opportunity identification, Due Diligence, EPC/O&M Contract negotiations, Permits & licenses, policy / regulatory advocacy, etc.), team build-up, Project Finance, Construction, Asset Management
  • Clp India Private Limited
    Assistant Manager - Production
    Clp India Private Limited Apr 2002 - Mar 2005
    Bharuch Area, India
    655MW Combined Cycle Duel Fuel Power Plant: 3x135MW GT + HRSG + 250MW ST power plant, 220kV & 400KV switch yard and Naphta plant control room and on-field operations; maintenance support; Senior Authorized Person with authorization to issued HSE / maintenance related work permits
  • Clp India Private Limited
    Project Development Coordinator
    Clp India Private Limited Apr 1997 - Mar 2002
    Bengaluru Area, India
    Mangalore Power Company (1000MW coal fired project; one of the first post liberalization private power project)- Land acquisition, Rehabilitation & Resettlement, Permits & licenses, EPC & FSA support, Public Affairs, Litigation support; CLP India Business Development

Avinash Rao Skills

Renewable Energy Wind Business Development Energy Business Strategy Project Planning Solar Energy New Business Development Project Management Power Generation Sustainability Engineering Power Plants Due Diligence Wind Energy Climate Change Sustainable Development Procurement Gas Electric Power Cleantech Project Finance Contract Management Alternative Energy Contract Negotiation Solar

Avinash Rao Education Details

Frequently Asked Questions about Avinash Rao

What company does Avinash Rao work for?

Avinash Rao works for Mahindra Susten

What is Avinash Rao's role at the current company?

Avinash Rao's current role is Managing Director and Chief Executive Officer.

What is Avinash Rao's email address?

Avinash Rao's email address is in****@****ail.com

What schools did Avinash Rao attend?

Avinash Rao attended Imd Business School, N M A M Institute Of Technology, Nitte, Wbcsd – World Business Council For Sustainable Development, Geneva, Switzerland.

What skills is Avinash Rao known for?

Avinash Rao has skills like Renewable Energy, Wind, Business Development, Energy, Business Strategy, Project Planning, Solar Energy, New Business Development, Project Management, Power Generation, Sustainability, Engineering.

Who are Avinash Rao's colleagues?

Avinash Rao's colleagues are Narpat Singh Bhati, Chinmay Gupta, Pooja Mspl, Sharma Damodar, Akshay Singh, Paresh Aglave, Sharad Shejawal.

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