Essar Power's renewables unit names Ankur Kumar CEO
POWER & RENEWABLE ENERGY

Essar Power's renewables unit names Ankur Kumar CEO

Essar Power, owned by Ruia, announced that Ankur Kumar had been appointed as the Chief Executive Officer of its renewables business division.

Essar Power stated that Ankur would play a crucial role in advancing Essar's commitment to transitioning into green energy and establishing a robust renewable ecosystem in India. They mentioned that Kumar brought a wealth of knowledge and expertise to his new role, drawing from his over 24 years of experience in renewable energy and public infrastructure sectors.

It was noted that previously Kumar had served as the CEO at ACME Solar Holdings, where he led the strategic expansion of the company into green hydrogen and ammonia businesses. He had also held a leadership position at TBEA Xinjiang Sunoasis Co, a Chinese green energy company.

Essar Power further stated that in his new role, Kumar would collaborate closely with the Essar Power board and leadership teams to work towards building a strong portfolio in renewable energy and onboarding other crucial talents to drive Essar Power's green energy initiatives forward.

Kumar, an alumnus of the Indian Institute of Management, Indore, where he obtained his MBA in Finance and Strategy, and also holding a Bachelor of Commerce (Hons.) degree from Delhi University, was quoted as saying, Essar is aggressively pursuing its vision of transforming sector landscapes to green. With Ankur Kumar joining us, we hope to further our plans in renewables. His wealth of experience and demonstrated leadership will help drive Essar Power towards a more sustainable future, by Prashant Ruia, Director of Essar Capital.

Essar Power, owned by Ruia, announced that Ankur Kumar had been appointed as the Chief Executive Officer of its renewables business division. Essar Power stated that Ankur would play a crucial role in advancing Essar's commitment to transitioning into green energy and establishing a robust renewable ecosystem in India. They mentioned that Kumar brought a wealth of knowledge and expertise to his new role, drawing from his over 24 years of experience in renewable energy and public infrastructure sectors. It was noted that previously Kumar had served as the CEO at ACME Solar Holdings, where he led the strategic expansion of the company into green hydrogen and ammonia businesses. He had also held a leadership position at TBEA Xinjiang Sunoasis Co, a Chinese green energy company. Essar Power further stated that in his new role, Kumar would collaborate closely with the Essar Power board and leadership teams to work towards building a strong portfolio in renewable energy and onboarding other crucial talents to drive Essar Power's green energy initiatives forward. Kumar, an alumnus of the Indian Institute of Management, Indore, where he obtained his MBA in Finance and Strategy, and also holding a Bachelor of Commerce (Hons.) degree from Delhi University, was quoted as saying, Essar is aggressively pursuing its vision of transforming sector landscapes to green. With Ankur Kumar joining us, we hope to further our plans in renewables. His wealth of experience and demonstrated leadership will help drive Essar Power towards a more sustainable future, by Prashant Ruia, Director of Essar Capital.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code