Sidharth Malik

Sidharth Malik Email and Phone Number

Head-Strategy (Renewable Business) @ Essar Renewables
Delhi, DL, IN
Sidharth Malik's Location
Greater Delhi Area, India
Sidharth Malik's Contact Details

Sidharth Malik work email

Sidharth Malik personal email

n/a
About Sidharth Malik

Seasoned professional with over 14 years of experience in Power/ Renewable Sector (Hydro/Solar/Hybrid) in the area of Strategy, Business Development, GTM, Investment.

Sidharth Malik's Current Company Details
Essar Renewables

Essar Renewables

View
Head-Strategy (Renewable Business)
Delhi, DL, IN
Website:
essar.com
Employees:
10573
Sidharth Malik Work Experience Details
  • Essar Renewables
    Head-Strategy (Renewable Business)
    Essar Renewables
    Delhi, Dl, In
  • Essar Renewables
    Head-Strategy (Renewable Business)
    Essar Renewables Apr 2024 - Present
    Greater Delhi Area
    Joined as a core team member and led the end-to-end bid process, including the preparation of the investment deck (covering energy and financial models) and overall management of the bid process. As a result, Essar now boasts a 1.2 GW+ renewable energy portfolio, having won 3 bids with a 100% success rate.Handled stakeholder and corporate liaison duties until the team expanded further.Provided strategic support to the Essar Group Investment Team by preparing a long-term strategic plan aimed at achieving a multi-GW-scale renewable portfolio, incorporating a mix of solar, wind, and storage solutions.
  • Resus Energy Private Limited
    Co-Founder
    Resus Energy Private Limited Jan 2023 - Dec 2023
    Gurugram, Haryana, India
    Among the Founders of Resus (Utility Scale RE platform focusing on Indian Renewable Sector).Key contributor in undertaking market study, preparing investment deck/ proposals for various categories of investors namely, Foreign Utilities, Indian and Foreign Conglomerates, PE houses, Development Funds etc. for Platform funding/ Development Finance.
  • Sembcorp Green Infra Limited
    Dgm- Bd & Commercial
    Sembcorp Green Infra Limited Jun 2022 - Jan 2023
    Gurugram, Haryana, India
    Part of BD Team responsible to add Renewable capacity to Sembcorp's India portfolio at IRRs above its hurdle rate.
  • Tbea Xinjiang Sunoasis Co., Ltd.
    Head - Strategy, Bd And Regulatory (Solar Ipp Business, India) At Tbea Group
    Tbea Xinjiang Sunoasis Co., Ltd. Aug 2019 - Jul 2020
    Prepared Business Model and Investment Note at Pre-engagement stage to assist TBEA to start a 2GW targeted RE Platform (IPP) in India. Being the only Core team member of TBEA Platform (Along with CEO), bided and won 300 MW solar capacity in Central Bid (NTPC) at INR 2.63/unit (Higher than Industry average of the day), identified land, engaged with lenders and arranged major approvals incl. connectivity from CTU.Despite of TBEA's decision to hold their RE Platform plans for India, Helped the Group in selling project rights to strategic investor at a premium. The project now stands operational.
  • Acme Solar Holdings Limited
    Sr. Manager-Bd/Strategy (Solar) & Ea To Md For New Business Initiatives
    Acme Solar Holdings Limited Jan 2018 - Aug 2019
    Gurgaon
    For Solar Business: Investment Proposal incl Financial Model encompassing regulatory framework, competitor mapping and techno commercial analysis.Overseeing tendering process, policy advocacy, all project specific major approvals incl. connectivity, LTA/MTOA, land, project economics optimization.New Initiatives: Supported MD office in evaluating new investment opportunities: Hydrogen based upon RE, solar cell/module manufacturing, hybrid tenders, RTC and Peak power and any other opportunity
  • Renew Power Ventures Private Limited
    Sr. Manager - Business Development (Solar)
    Renew Power Ventures Private Limited Jun 2015 - Dec 2017
    Gurgaon, India
    • Analysis of tenders for Solar Power projects, preparation and submission of Bid in response to the tenders.• Preparation of Investment Note (including financial Models & sensitivity analysis) for the purpose of obtaining investor’s approval for solar tenders and for MW scale Grid Connected Open access projects.• Preparation of Financial Model (Valuation) and Techno-Commercial review (PPA, EPC and FC etc.) of solar assets available for acquisition. • Financial Analysis for already allotted projects to evaluate available options (technologies) to ensure that the actual Financial Indicators are in line or better than the Investment Proposal approved by Board at Bidding stage. • Coordination with counter party till PPA signing and thereafter coordinating with Nodal Agencies as and when required to facilitate smooth execution of projects.
  • Acme Cleantech Solutions Private Limited
    Deputy Manager
    Acme Cleantech Solutions Private Limited Sep 2014 - Jun 2015
    Gurgaon, India
    I was part of the Bidding Team and was primarily responsible for: • Analysis of tenders for Solar Power projects, preparation and submission of Bid in response to the tenders.• Preparation of Investment Note (including financial Models & sensitivity analysis) for the purpose of obtaining investor’s approval for Bidding, quoting Tariff at Bidding Stage.• Analysis of the relevant tariff orders and regulations formulated/ issued by CERC and SERCs.• Analysis of State Specific Policies and directives relevant for Solar Power Projects.
  • Moser Baer India Ltd
    Deputy Manager
    Moser Baer India Ltd Jun 2010 - May 2014
    New Delhi
    I started my career here as Management Trainee and was part of the Business Development team (Hydro Div.) where my primary responsibilities include preparing Financial model and perform sensitivity analysis for target assets (Primary & Secondary market), Identification of asset acquisition opportunity, preparation of our Bid in response to tender for allotment of HEP, asset evaluation, study of Power Market to ascertain the future revenue stream from target hydro assets. Have also been a key member of team during evaluation and allotment procedure for hydro assets in Nepal.

Sidharth Malik Skills

Solar Pv Business Strategy Business Development Manufacturing Strategic Planning Financial Analysis

Sidharth Malik Education Details

  • National Power Training Institute , Faridabad.
    National Power Training Institute , Faridabad.
    Mba

Frequently Asked Questions about Sidharth Malik

What company does Sidharth Malik work for?

Sidharth Malik works for Essar Renewables

What is Sidharth Malik's role at the current company?

Sidharth Malik's current role is Head-Strategy (Renewable Business).

What is Sidharth Malik's email address?

Sidharth Malik's email address is c_****@****o.co.in

What schools did Sidharth Malik attend?

Sidharth Malik attended National Power Training Institute , Faridabad..

What skills is Sidharth Malik known for?

Sidharth Malik has skills like Solar Pv, Business Strategy, Business Development, Manufacturing, Strategic Planning, Financial Analysis.

Who are Sidharth Malik's colleagues?

Sidharth Malik's colleagues are Sarva Vadhel, Ana Medina Pezzetta, Arvind Kulshrestha, Jenil Asiyani, Vinodhini Palanivel, Fotsy Raharimanana, Mohan Lal Meghwal.

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