INVESTOR RELATIONS

Sunil Gupta

CHIEF EXECUTIVE OFFICER

Sunil Gupta is an experienced business leader with a strong track record of building renewable energy businesses. He joined Azure Power effective 10th July 2023. Prior to Azure, he was the Head - Southeast Asia & South Asia Business at Vena Energy (a leading Asia Pacific renewable energy company), managing existing business and developing new projects. Earlier he was Group Head - Renewable Energy Business at Sembcorp Industries, Singapore, where he built the renewables business and spearheaded market entry in India, Australia, Singapore and Vietnam. In India, he was instrumental in managing a business comprising of multiple utility scale wind and solar power generation plants across seven different states. Prior to Sembcorp, Sunil was a cleantech industry professional with Standard Chartered Bank and Morgan Stanley.

Sunil holds a Master of Business Administration from the Indian Institute of Management, Ahmedabad. He also holds a Bachelor of Technology from Indian Institute of Technology, Delhi.

Rajat Gupta

Chief Financial Officer

Azure Power

Rajat Gupta brings with him over three decades of experience in accounting, compliance, corporate finance, project finance, M&A, and strategic investments, setting up and scaling green filed projects, with a strong focus on infrastructure and renewable energy. He joined Azure Power effective 1st September 2025. Prior to Azure, he had been the CFO at Essar Power where he managed a 1,200 MW thermal project, set up the renewable energy vertical, and drove new initiatives in biofuels space

He had also served as CFO at Avaada Energy and held senior leadership roles at Sprng Energy, Ostro Energy, Avantha Group, and Welspun Energy. At Sprng and Ostro, he played a pivotal role in scaling renewable energy platforms for Actis and led their successful monetisation to Renew and Shell Inc. at landmark valuations of USD 1.2 billion and USD 1.55 billion respectively.

At Azure, Rajat will lead the finance function and guide company’s strategic direction with a focus on driving sustainable growth, profitability and long-term value creation for all stakeholders.

He is a Chartered Accountant and an alumnus of Shri Ram College of Commerce, University of Delhi.

Shweta Srivastava

CHIEF HUMAN RESOURCES OFFICER

Shweta Srivastava brings over two decades of diverse human resources experience in Talent Acquisition, Business Partnering, Leadership & OD, Diversity & Inclusion, Employee Engagement, HR Strategy & Growth. She joined Azure Power effective 28th July 2022. She has worked in Fortune 500 corporations, across industries like hi-tech, consumer, life sciences & infrastructure and across geographies like India, Southeast Asia, UK, Brazil, and others. Shweta is currently the Chief Human Resources Officer at Azure Power.  Prior to Azure Power, she worked with Vedanta Ltd as Group Head Talent Acquisition and as People Strategy Leader at Sterlite Power (part of Vedanta Group). Her other experiences include senior leadership positions at Indus Towers Limited, United health Group, Qualcomm, Motorola, and Ericsson.

Shweta holds a Master’s Degree in Human Resources from Pune University and her Bachelors is from Ambedkar University, Agra. She has also completed a Leadership Excellence Program from Harvard Business School.

VIJAY KUMAR WADHWANI

CHIEF COMPLIANCE AND ETHICS OFFICER

Vijay Kumar Wadhwani has over 22 years of experience across Accounting, Auditing, Financial Management and Reporting, Legal & Secretarial, Indirect Taxation and Merger & Acquisition. He has first-hand experience in effectively reviewing the company’s systems and analysing possible risk factors. He joined Azure Power effective 27th February 2023. Prior to Azure Power, he was Partner at S.N. Dhawan & Co LLP (member firm of Mazars in India) and worked with Uno Minda Group as General Manager, Finance and Accounts. He also served as Director, Assurance Practices at S. R. Batliboi & Co. LLP (Ernst & Young).

Vijay is a fellow member of Institute of Chartered Accountants of India and holds bachelor’s degree in commerce (Hons) from SGTB Khalsa College, Delhi University.

Praveen Singh

GENERAL COUNSEL

Praveen Singh is an experienced legal professional with a proven track record in the renewable energy sector. He joined Azure Power effective 10th July 2024.  Before joining Azure Power, he assisted Vena Energy India as General Counsel, providing strategic legal guidance on corporate governance, regulatory compliance, complex contracts, intellectual property, and employment laws, as well as managing high-stakes litigations and overseeing the compliance function. Praveen has also supported Ayana Renewable Power in the capacity of General Counsel (South Asia), where he played a critical role in overseeing the legal function and contributing to operational success in India. Additionally, he provided leadership and guidance to the legal team at Sembcorp Green Infra, handling diverse legal matters and ensuring adherence to compliance requirements. Earlier in his career, Praveen gained substantial expertise in mergers and acquisitions, capital markets, and commercial litigation through his work with leading law firms and solicitors in India. Throughout his professional career, he has collaborated with leadership teams, contributing as a board member and participating in various strategic committees and sub-committees.

Praveen holds a Master of Laws (LL.M) in Business Laws from the National Law School of India University, Bangalore, and a Bachelor of Laws (LL.B) from the Faculty of Law, Delhi University. He has also completed a leadership program at SMU, Singapore.

Mahesh Arali

HEAD - ASSET MANAGEMENT

Mahesh Arali is an experienced leader in renewable energy with a strong background in asset management, engineering, construction and project development. He joined Azure Power effective 17th April 2024. He is currently the Head of Asset Management at Azure Power, where he oversees the performance and optimization of the company's renewable energy assets. Prior to this, he was the Director – Projects Development at Vena Energy Infrastructure Service India Pvt Ltd, managing project development, construction, and land approvals. Mahesh has also served as Senior Vice President – Asset Management, Engineering, and IT at Ayana Renewable Power Pvt Ltd, leading technical due diligence and managing a portfolio of wind and solar assets. His earlier roles include key positions at ReNew Power Ventures Pvt Ltd and Vestas Wind Technologies India Pvt Ltd, contributing significantly to project execution and operations.

Mahesh holds a Bachelor of Engineering in Electrical & Electronics from Karnataka University, a post-graduate degree in Operations Management from Symbiosis Institute, and has completed leadership programs at SMU and IIM Bangalore.