Zelestra, a global multi-technology, customer-focused renewable energy company, today announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment comes as Zelestra continues to strengthen its market position, having recently been recognized among the top 10 sellers of clean energy to corporate customers globally by Bloomberg New Energy Finance (BNEF), and ranking second in Europe, Middle East and Asia.
Sajay KV, Chief Executive Officer, Zelestra India commented, “Zelestra in India is growing every day, delivering successes, and helping to make decarbonization a reality. We now have a pipeline of wind, solar and BESS technology of over 5 GW in total, with three major projects in construction this year. This accelerated growth means we need a top senior leadership team to ensure we rise to all of the challenges ahead. Therefore, it gives me great pleasure to welcome Prashant to Zelestra India team.”
Prashant is an experienced business leader with a track record of success. He has a post-graduate degree in Management from XIMB (Xavier Institute of Management, Bhubaneswar) and more than two decades of experience in financial operations, fund management, capital raising, and project financing. His experience in high-growth sectors includes senior finance leadership positions at Fortum India Private Limited, Tata Power Solar, Lanco Solar, and IndusInd Bank.
On joining Zelestra India, Prashant said: “Zelestra is going from strength to strength in India, with some major contracts signed recently and a lot of work underway to deliver highly complex multi-technology projects. The pipeline continues to grow, and the opportunities are vast. It is an exciting time to join. Zelestra is an organization dedicated towards making decarbonization a realty and thus having a profound impact on the world. I am eager to contribute to initiatives that will establish a positive and enduring legacy for future generations.”
In his new role, Prashant will lead the India BU’s finance function with a focus on strengthening financial governance, driving strategic planning, and optimizing capital efficiency to support business expansion. He will play a pivotal role in aligning our financial strategy with long-term value creation, while reinforcing Zelestra’s commitment to sustainable, scalable, and digitally enabled growth in the Indian market.
At Zelestra, we are always striving for greatness, and we want to be surrounded by the best talent.
About Zelestra
With a portfolio of over 29 GW of carbon-free projects across 13 countries, Zelestra is a vertically integrated company specializing in developing, commercializing, constructing, and operating large-scale renewable energy projects. Zelestra is made up of 950+ professionals globally. It is backed by EQT, one of the largest fund managers in the world, with more than 269 billion euros in assets under management.
