Ankur Kumar appointed as Chief Executive Officer of Essar Power’s Renewables Division

Mumbai, April, 2024: Essar Power Limited, India’s first private sector independent power producer, proudly announces the appointment of Ankur Kumar as the Chief Executive Officer of its Renewables Business Division. Ankur will play a key role in advancing Essar’s commitment to transitioning into Green Energy and establishing a robust renewable ecosystem in India.

With over 24 years of extensive experience in Renewable Energy and Public Infrastructure sectors, Ankur Kumar brings a wealth of knowledge and expertise to his new role. Previously serving as the Chief Executive Officer at ACME Solar Holdings Pvt. Ltd., Ankur spearheaded the strategic expansion of the company into green hydrogen & ammonia businesses, while also enhancing their geographical footprint.

In his new role, Ankur will collaborate closely with the Essar Power Board and Leadership Teams. Together, they will work towards building a strong portfolio in renewable energy and onboarding other crucial talents to drive Essar Power’s green energy initiatives forward.

Commenting on the appointment, Prashant Ruia, Director, Essar Capital said, “Essar is aggressively pursuing its vision of transorming sector landscapes to green. With Ankur Kumar joining us, we hope to furthur our plans in renewables. His wealth of experience and demonstrated leadership will help drive Essar Power towards a more sustainable future.”

Ankur Kumar, CEO of Renewables Business, Essar Power, further added, “I am excited to embark on this journey with Essar Power, as we work towards shaping a future powered by renewable energy solutions. Our collective efforts will play a significant role in driving positive change for generations to come.”

Ankur’s leadership tenure at TBEA Xinjiang Sunoasis Co. Limited further highlights his proficiency in achieving business objectives, fostering high-performance teams, and delivering projects within budget and timeline.

Ankur Kumar is a distinguished alumnus of the Indian Institute of Management, Indore, where he obtained his MBA in Finance and Strategy. He also holds a Bachelor of Commerce (Hons.) degree from Delhi University.