PowerIn Urja

03 · Team

Built by people who have delivered complex industrial platforms.

PowerIn Urja brings together operating, technical, financial and public-policy experience across the energy and manufacturing value chain.


PowerIn Urja leadership

Rajdeep Basu

Founder & Executive Chairman

Rajdeep Basu

Investor, innovator, entrepreneur. Ideated technologies, created and backed teams. Negotiated 2 GW solar supply-chain agreements with GE; US$50 Mn equity from EFS (GE Capital) and CAD146 Mn from Invest Québec; acquired and re-engineered hyper pure polysilicon plant; secured US$119 Mn in incentives and led OEM negotiations for a 1.5 GW US cell & module facility; invested in and managed 700+ rooftop and utility-scale solar projects.

Ramesh Nair

MD Designate

Ramesh Nair

Former CEO, Adani Solar; former CEO, Avaada Group, BALCO and Sterlite. Independent Director, LG India. Nominee Director, Norfund and British International Investment.

Dr. Puneet Gupta

CEO Designate

Dr. Puneet Gupta

Former Joint President, Adani Mundra Solar — India's only operational ingot & wafer facility. Directly involved in establishing GCL's FBR polysilicon plant in China and the sale of MEMC assets to Samsung; 20+ years across the solar materials value chain.

Rajiv Kapahi, FCA

COO Designate

Rajiv Kapahi, FCA

35+ years of Board and CXO-level leadership across technology, manufacturing, financial services and healthcare, including E&Y, Ricoh Japan, Gillette, Owens Illinois, Max Healthcare, Dell, Prudential Financial and Boston Scientific.

M.C. Sashi Kumar

Director · Corporate Affairs

M.C. Sashi Kumar

Led fund syndication of ~₹5,000 Cr for Bangalore Metro Rail Corporation and the Bangalore International Airport raise; advised South Indian state governments and SEBs on large-scale mandates and debt restructuring.

Ranjit Ghosh

Director · Projects & Asset Management

Ranjit Ghosh

Led complex industrial plant delivery across Toyota Tsusho India, Honda India, Suzuki & Futuba and AISIN Corporation Advised Toyota on Bengaluru metro project delivery. Former AGM of Sumitomo Construction.

Dr. Jaijit Bhattacharya

Director & Board Member

Dr. Jaijit Bhattacharya

Key role negotiating incentives for the US$1.8 Bn Kia Motors India greenfield facility. Founder of the Centre for Digital Economy Policy Research and co-author of the Government of India's Start-up India policy.

Ben Krause

Director · Technical Services

Ben Krause

Technology selection, OEM negotiations and plant design for large-scale solar manufacturing, including a 1.5 GW US cell & module facility and a 6,000 TPA hyper-pure polysilicon plant; former US military nuclear-operations / polysilicon professional.

Graham Fennell

Financial Controller

Graham Fennell

Graham Fennell, FCA. Finance leadership role within the initial PowerIn Urja team for overseas capital raise and M&A. Fellow of the Institute of Chartered Accountants in England and Wales.

Dr. Jalpesh Mehta

Advisor · Finance

Dr. Jalpesh Mehta

Specialist finance advisory role within the initial PowerIn Urja team. India CEO of Greenback Capital Limited, DIFC. Former Business Head - Corporate Banking Group at ICICI.

Kevin Stratton

Advisor · Insurance

Kevin Stratton

Specialist insurance advisory role supporting risk architecture for PowerIn Urja. President & CEO, CBC Underwriters Inc, USA. Former CEO Inver Re, Bermuda (The Ardonagh Group); Managing Director RFIB, Speciality (Tysers); Executive Director, Global Head (Accident, Life & Health), Willis Towers Watson; Executive Director, Head of London (Accident, Life, Health), AON Benfield.

Shri Uday Mahurkar

Advisor · Social & National Development

Shri Uday Mahurkar

Former Central Information Commissioner, eminent journalist, historian and biographer. Founder of Save Culture Save Bharat Foundation.

Smt. Nirvana Basu

Advisor · Employee Wellbeing

Smt. Nirvana Basu

Nirvana is an Integrative Psychotherapist registered with the UK Council for Psychotherapy (UKCP). She has studied Yoga at S-YASA, Bangalore, Ayurveda at the Ayurveda Institute, UK, and is currently studying Srividya with the Mahavidya Sadhana Centre. Her holistic approach integrates western psychology with ancient Indian Yogic wisdom, to support the wellbeing of individuals, families and communities. Former Vice President Credit Management TD Securities, Associate Director, Acquisition Finance HBOS Canada and Lloyds Banking group. Committed to assisting the development of charitable projects in the community, through her work with the Charities Aid Foundation and support for charities in Canada (Portage and the Women's Centre of Montreal) and in India (Banjara Academy and Hamari Muskan).

Qualifications

  • MA Counselling Psychology
  • MSc Integrative Psychotherapy (UKCP)
  • BA Economics
  • BSc Financial Services, ACIB

Selected projects and transactions

01

US$1.8 Bn Kia Motors India greenfield facility

02

2 GW solar supply-chain agreements with GE

03

₹1,200 Cr + ₹500 Cr Honda India plant programme

04

₹600 Cr Toyota Tsusho India campus

05

₹5,000 Cr Bangalore Metro fund syndication

06

US$119 Mn federal & state incentives for a 1.5 GW US project

07

6,000 TPA hyper-pure polysilicon re-engineering plan

08

Adani Mundra Solar ingot & wafer plant leadership