May 6 (Renewables Now) - Indian renewable power producer Azure Power Global Ltd (NYSE:AZRE) on Friday announced the appointment of Harsh Shah as the new chief executive officer of the company.
Shah, who previously served as CEO of Indian infrastructure investment trust IndiGrid, will assume his new position on July 1, 2022. He will replace Ranjit Gupta, who resigned last month together with COO Murali Subramanian.
“India's renewable energy story is at an inflection point with policy intent and innovative platforms coming together to pave the way for an exciting, sustainable future. [...] We have tremendous runway for growth to increase our operating assets sustainably, thanks to the support of our long-term investors and lenders," Shah commented.
Azure Power has a pan-India portfolio that exceeds 7.4 GW of capacity, with more than 2.9 GW of operational plants.