New CEO For India’s Waaree Energies

Vivek Srivastava Joins Waaree Energies As CEO Ahead Of IPO Launch
11:24 PM (Beijing Time) - 08. October 2021

Key Takeaways

  • Waaree Energies Limited has appointed Vivek Srivastava as its new CEO
  • Srivastava comes to Waaree Group from Reliance BP Mobility Limited
  • He is responsible to set strategic goals for the company and assessing, monitoring and minimizing risks to the group

India’s Waaree Group has announced the appointment of a new CEO for its flagship company, solar module manufacturer Waaree Energies Limited. Vivek Srivastava has joined the company since August 30, 2021.

In a statement released by the company, Waaree said Srivastava is in charge of setting strategic goals for the manufacturer, leading the development of the company’s short and long-term goals, as well as assessing, monitoring and minimizing risks to the company, its subsidiaries and the entire group.

An engineer from Jaipur’s Malaviya National Institute of Technology (MNIT), previously Malaviya Regional Engineering College, Srivastava has joined Waaree from Reliance BP Mobility Limited where he worked till recently as the Senior Vice President Business Development. Before that, he was employed with Bharat Petroleum Corporation Limited (BPCL).

While welcoming the group’s new CEO, Waaree Group’s Chairman and Managing Director Hitesh Doshi said, “Vivek has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing disruption.”

A leading Indian solar module maker, Waaree Energies is now getting ready to go public after it filed draft documents with India’s SEBI to launch an IPO in September 2021, Proceeds will be deployed to establish 2 GW solar cell and 1 GW module fab in Gujarat (see Indian PV Manufacturer To Go Public).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani