Indian solar manufacturer Waaree Energies Limited, which is looking to float an initial public offering to raise funds, has appointed Vivek Srivastava the chief executive officer with effect from August 30, 2021. In this role, Srivastava will be responsible for setting strategic goals, leading the development of the company’s short and long-term goals, and assessing, monitoring, and minimizing risks to the company, its subsidiaries, and other companies within the group.
Srivastava holds a bachelor’s degree in engineering from the Malaviya Regional Engineering College, Jaipur. He joins from Reliance BP Mobility Limited, where he served as the senior vice president.
Speaking on the appointment, Hitesh Doshi, chairman and managing director, Waaree Group, said, “I am delighted to welcome Vivek as our CEO. We believe 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.”
Waaree Energies has a solar PV module manufacturing capacity of 2 GW as of March 31, 2021. It is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI).
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.