Rays Power Infra, an integrated solar power company, announced that it has appointed Rahul Mishra as the CEO to lead new business initiatives under Rays Future Energy India Pvt. Ltd.
The new company will be focusing on distributed solar generation including rooftop solutions, Energy Storage, E- Vehicle and associated infrastructure and solar energy based products.
Mishra comes in as an equity partner and will be responsible for spearheading the overall management and the day to day business operations of the firm. He will be concentrating on facilitating the firm’s business and strategically align the company through well-crafted vision.
Commenting on the appointment, Ketan Mehta, CEO, Rays Power Infra, said, “We are extremely excited to bring Rahul Mishra on board. Mishra brings with him over 14 years of cumulative experience in the energy sector across conventional and renewable energy. We believe his strong cross-functional expertise in areas including but not confined to, equity and debt financing, fund raising, project development and execution, and commercial and contract management will be accretive and will help growing the new business.”
Prior to joining Rays Future Energy India, Mishra was working with Nereus Capital, a private equity fund focused on investing in the Indian renewable energy sector. Before Nereus, Mishra was working with AES India where he was managing the business development efforts on originating, developing, contracting, financing and execution of wind based power projects in India. He successfully handled the implementation of a 40 MW wind power project.
Mishra was also involved in setting up the Indian operations of GE Energy Financial Services (EFS) in India and South East Asia region and was part of the underwriting team evaluating transactions across region. During his term with EFS, Mishra was part of the team making investment of over $125 million across debt and equity instruments.