Investor Relations

Corporate Information

Name of the Company

Avaada Energy Private Limited

Business of the Company

Generation of electricity using non-conventional resources and provision of engineering, procurement and construction services for setting up of renewable projects.

Registered Office

406, 4th Floor, Solaris One,
N. S. Phadke Marg, Andheri (East),
Mumbai – 400069, Maharashtra, India

Date of Incorporation

December 29, 2007

Corporate Identification Number

U80221MH2007PTC336458

Phone no

022-61408000

Email id

avaadaenergy [at] avaada [dot] com

Board of Directors

Mr. Vineet Mittal

Chairman & Director

Sindoor-Mittal

Mrs. Sindoor Mittal

Vice-Chairperson & Whole Time Director

Mr. T. R. Kishor Nair

Whole Time Director & Chief Executive Officer

Sirobon Boontaworn

Ms. Sirobon Boontaworn

Director

Panporn Sasananan

Ms. Panporn Sasananan

Director

Key Managerial Personnel

Mr. T. R. Kishor Nair

Whole Time Director & Chief Executive Officer

Jyoti Mistry - SVP - Secretarial & Compliance

Ms. Jyoti Mistry

Company Secretary

Policies & Codes

Financial Information

Notice of General Meetings

Annual Returns

Erstwhile NCD Listed Subsidiary Companies

Renewable Energy
MSKVY
Energy Storage Solutions
Investors
Careers
Contact

Mr. Vineet Mittal

Chairman & Director

Architect of India’s Green Revolution

Vineet Mittal, India’s pioneering ‘greentrepreneur’, is redefining the global energy landscape as Founder and Chairman of Avaada Group. With a bold vision to position India as the world’s leading renewable energy hub, he is making a profound impact on the nation’s clean energy transition.

Under his leadership, Avaada has evolved into a diversified energy conglomerate, driving advancements in Renewable Energy, Solar PV Manufacturing, Green Data Centers, Pumped Hydro Storage, Battery Energy Storage Solutions and Green Hydrogen & its derivatives—including Green Methanol and Green Ammonia.

A Global Trailblazer

A distinguished NIT engineer and Harvard Business School alumnus, Vineet Mittal has earned global recognition for his groundbreaking contributions to green energy and digital transformation. In 2022, Avaada achieved a historic milestone—building one of the world’s largest single-site solar projects by a private IPP, of 1.25 GWp capacity, in Rajasthan.

Beyond business, Mr. Mittal is a recognized thought leader in global climate action. As a World Economic Forum member, he has played a key role in shaping sustainable policies worldwide. He previously served as Co-Chair of the B20 Task Force on Energy, Climate Change, and Resource Efficiency, and is currently Chairman of the CII National Committee on Green Hydrogen, championing India’s leadership in the clean hydrogen economy.

In 2025, the University of Engineering and Management, Jaipur, conferred an honorary Ph.D. upon Mr. Mittal in recognition of his pathbreaking contributions to renewable energy, sustainability and technological innovation.

Shaping India’s Digital and Energy Transformation

Vineet Mittal’s journey is a story of vision, innovation, and resilience. In his early career, he was among the pioneering minds at a leading telecom company, helping launch Internet access in India. A trailblazer in the dot-com, BPO, and renewable energy sectors, his entrepreneurial spirit has continuously driven industries forward. His groundbreaking work has earned him numerous accolades, including the “Solar Man of the Year” award twice.

Inspired by the five core elements of Ayurveda—ether, air, fire, water, and earth—Mr. Mittal envisions Avaada as an extension of nature’s bounty, where technology and tradition converge to build a self-sustaining future for generations to come.

Growth with a Higher Purpose

For Mr. Mittal, leadership is a calling, not just a profession. His philosophy of “People Before Profits” ensures that business success is measured not just in numbers but in societal impact. In 2023, Avaada secured a landmark $1.3 billion funding round, proving that when a business is aligned with ethics and values, it attracts global trust and investment—and becomes a force for meaningful change.

Beyond boardrooms, Mr. Mittal remains deeply committed to nation-building. Through the Avaada Foundation, he personally oversees philanthropic initiatives across 15 states in India, addressing critical issues in education, healthcare, and rural empowerment.

A dedicated practitioner of Ashtanga Yoga and a seeker of higher truths, Mr. Mittal believes that inner transformation precedes outer impact. His Karmayogi philosophy, where action is driven by purpose and service, shapes both his business decisions and his commitment to humanity.

Mrs. Sindoor Mittal

Vice-Chairperson & Whole Time Director

Sindoor Mittal is the Vice Chairperson of Avaada Group, one of India’s foremost clean energy and energy transition companies. A dynamic leader at the forefront of India’s Net Zero ambition, she drives the Group’s strategy, investor relations, and organizational transformation, with a strong focus on building agile, future-ready teams.

A graduate of the Indian School of Business (ISB-Hyderabad) and Stanford Graduate School of Business, Sindoor blends global insight with grounded execution. Her leadership has been instrumental in securing investments from marquee global institutions including Brookfield Renewable, Asian Development Bank, Proparco, and Thailand’s PTT Group — affirming Avaada’s position as a trusted partner in global climate solutions.

Before co-founding Avaada, Sindoor led the solar vertical at Welspun Energy, where she oversaw the development and eventual exit of a ~1140 MW portfolio in a landmark transaction with Tata Power — one of India’s largest renewable energy deals at the time.

Sindoor is equally passionate about social impact. Through the Avaada Foundation, she champions initiatives in girls’ education, community upliftment, and inclusive development — believing that true progress must empower both people and the planet.

Beyond the boardroom, Sindoor is a national-level pickleball champion, representing India on international platforms, and is deeply invested in wellness, longevity, and peak performance.

At her core, Sindoor believes in purpose-driven leadership. For her, Avaada is not just an energy company — it is a catalyst for change, where sustainability, digital innovation, and human progress come together to shape a better, greener future.

Mr. T. R. Kishor Nair

Whole Time Director & Chief Executive Officer

T. R. Kishor Nair is a veteran of the energy sector, with more than four decades of unparalleled experience in Business Development, Project Management, and Strategic Planning for both domestic and international energy projects.

As one of Avaada’s early members, Mr. Nair has been with Avaada Group since its inception. He is presently the CEO of Avaada Energy, the renewable energy arm of the group. Under his leadership, Avaada Energy has grown significantly and achieved an operational capacity greater than 6 GW in just over seven years. With an additional 20 GW project under implementation, Avaada Energy is well poised to achieve its targets of 11 GW by 2026 and 30 GW by 2030.

Mr. Nair’s expertise has been instrumental in driving policy advocacy and raising industry concerns with both State and Federal Government for the renewable energy sector. He has extended his influence beyond the domestic market by representing the industry at many international business delegations and speaking at many domestic and international events. He has officiated as co-chair of the Renewable Energy Council of ASSOCHAM and Co-Chair of the FICCI Renewable Energy Developers Task Force.

Prior to joining Avaada Group, he led major infrastructure projects with distinguished firms like NTPC, Bechtel, Reliance, and Welspun Energy, each leaders in the infrastructure sector. He also provided strong leadership to the EPC division of Reliance Power in bagging and executing various mega power projects, including UMPPs on a turnkey basis. These projects created new benchmarks in the power industry for cost leadership and fast-track execution. During his tenure at Bechtel, he gained significant international experience in Project Management in various business lines such as Power, Mining & Metals, and Petrochemicals.

Mr. Nair started his career with NTPC in the year 1984 and was involved in project management of coal and gas-based thermal power projects and of EHV & HVDC transmission lines.

Mr. Nair is widely recognized in the power industry, with diverse experience in the development and execution of many complex projects, ranging from supercritical to mega and ultra mega projects under challenging time constraints and environmental challenges.

Ms. Sirobon Boontaworn

Director

Ms. Sirobon Boontaworn is a highly accomplished professional with a strong educational background and extensive experience in the field of financial accounting. She holds a Master of Science in Financial Accounting from Chulalongkorn University and a Bachelor’s degree in Accounting from Chiangmai University. Since January 2024, Ms. Boontaworn has served as the Executive Vice President of Corporate Strategy and Subsidiary Management at Global Power Synergy Public Company Limited. She chairs Thai Solar Renewable Company Limited and Siam Solar Energy 1 Company Limited, and is on the Board of Directors of CI Changfang Limited, CI Xidao Limited, Gheco – One Company Limited and Houay Ho Power Company Limited.

Ms. Panporn Sasananan

Director

Mrs. Panporn Sasananan is a seasoned executive with extensive expertise in finance and accounting. She holds a Master of Science in Finance from the University of Colorado, U.S.A., and a Bachelor of Accountancy in Accounting from Thammasat University, Thailand. Since October 2024, Mrs. Sasananan has served as Chief Financial Officer of Global Power Synergy Public Company Limited. She also holds the position of Executive Vice President at PTT Public Company Limited.

Mr. T. R. Kishor Nair

Whole Time Director & Chief Executive Officer

T. R. Kishor Nair is a veteran of the energy sector, with more than four decades of unparalleled experience in Business Development, Project Management, and Strategic Planning for both domestic and international energy projects.

As one of Avaada’s early members, Mr. Nair has been with Avaada Group since its inception. He is presently the CEO of Avaada Energy, the renewable energy arm of the group. Under his leadership, Avaada Energy has grown significantly and achieved an operational capacity greater than 6 GW in just over seven years. With an additional 20 GW project under implementation, Avaada Energy is well poised to achieve its targets of 11 GW by 2026 and 30 GW by 2030.

Mr. Nair’s expertise has been instrumental in driving policy advocacy and raising industry concerns with both State and Federal Government for the renewable energy sector. He has extended his influence beyond the domestic market by representing the industry at many international business delegations and speaking at many domestic and international events. He has officiated as co-chair of the Renewable Energy Council of ASSOCHAM and Co-Chair of the FICCI Renewable Energy Developers Task Force.

Prior to joining Avaada Group, he led major infrastructure projects with distinguished firms like NTPC, Bechtel, Reliance, and Welspun Energy, each leaders in the infrastructure sector. He also provided strong leadership to the EPC division of Reliance Power in bagging and executing various mega power projects, including UMPPs on a turnkey basis. These projects created new benchmarks in the power industry for cost leadership and fast-track execution. During his tenure at Bechtel, he gained significant international experience in Project Management in various business lines such as Power, Mining & Metals, and Petrochemicals.

Mr. Nair started his career with NTPC in the year 1984 and was involved in project management of coal and gas-based thermal power projects and of EHV & HVDC transmission lines.

Mr. Nair is widely recognized in the power industry, with diverse experience in the development and execution of many complex projects, ranging from supercritical to mega and ultra mega projects under challenging time constraints and environmental challenges.

Ms. Jyoti Mistry

Company Secretary

Ms. Jyoti Mistry heads the Secretarial and Compliance functions as Senior Vice President at Avaada Group and is responsible for secretarial and overall compliance.

She is a member of the Institute of Company Secretaries of India, holds a graduate degree in Law from Jitendra Chauhan College, and a Post Graduate Diploma in Financial Management from Narsee Monjee Institute of Management Studies.

She has extensive experience in secretarial and overall compliance and has earlier worked with various other sectors such as Manufacturing and IT-enabled services.