Inderpreet Wadhwa

Inderpreet Singh Wadhwa (born 1972) is an Indian-American renewable energy entrepreneur.[1] He is the founder and CEO of Azure Power Global Limited.[2] In 2008, he founded Azure Power, which launched an Initial Public Offering (IPO) on October 12, 2016, enabling the first listing of Indian energy assets on the New York Stock Exchange.[3]

Personal Life and Education

Wadhwa was born in Amritsar, Punjab. He has a Bachelors in Electronics Engineering from G.N.D.U, Punjab and graduated from Haas School of Business at UC Berkeley.[2]

Career

In 2008, Wadhwa founded Azure Power with the idea of setting up a business that offers viable and socially responsible alternatives to conventional sources of energy.[4] At the age of 35, Wadhwa, left his job in the Silicon Valley and decided to explore into the solar energy sector. Wadhwa started a small 1 MW project in a border village in Punjab.[5] On December 1, 2009, Azure commissioned the first phase (1 MW) of its 2 MW solar PV plant in Awan, Amritsar and began to sell solar power to the Punjab State Electricity Board making Wadhwa the first entrepreneur to sell solar power commercially in India.[6]

Prior to Azure Power, Wadhwa served as a vice president of Loyalty Lab and as a senior director of Oracle Corporation. Additionally, he has been a member of the Private Sector Advisory Group (PSAG) to the Green Climate Fund (GCF).[7]

References

  1. ↑ "Inderpreet Singh Wadhwa", Relationship Science
  2. 1 2 "Inderpreet Singh Wadhwa Executive Profile", Bloomberg
  3. ↑ "Azure Power debuts at a discount on NYSE", Mint
  4. ↑ "India's First Commercial Solar Power Plant", Ecoworld, 17 December 2009
  5. ↑ "Inderpreet Wadhwa: It was like driving a train even as the tracks were being laid", Forbes India, 13 June 2013
  6. ↑ "India's first entrepreneur to sell solar power, commercially", Rediff News, 9 December 2009
  7. ↑ "Scaling-up private sector climate finance", PROPARCO
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