Job Title

Business Head - Independent Power Producer (IPP)

Location - Bangalore, India

Reporting To - Chief Executive Officer (CEO)

Role Purpose

The Business Head - IPP will be responsible for conceptualising, building, and scaling a greenfield IPP platform in India, targeting 10 GW of operational renewable energy assets across solar, hybrid, storage-linked, and emerging clean energy opportunities. This is a 0-to-1 leadership role, requiring strong stakeholder management, commercial acumen, and execution excellence.

Key Responsibilities

• Strategy & Platform Build-out

• Define and execute the long-term IPP growth strategy to achieve 10 GW assets under development/operation.

• Lead end-to-end IPP lifecycle: market entry, project identification, development, financing, construction, commissioning, and operations.

• Identify and evaluate solar, wind, hybrid, RTC, BESS-linked and emerging IPP opportunities.

• Business Development & Origination

• Drive project origination through bids, tenders, bilateral PPAs, merchant power, and corporate PPA structures.

• Lead engagement with SECI, NTPC, state DISCOMs, private offtakers, and C&I customers.

• Build strong relationships with land aggregators, transmission utilities, EPCs, and O&M partners.

• Stakeholder & Regulatory Management

• Act as the primary interface with:

• Central and State government agencies

• Regulators (CERC, SERCs)

• DISCOMs and power offtakers

• Lenders, investors, and rating agencies

• Navigate regulatory frameworks, approvals, grid connectivity, and policy incentives.

• Financial Structuring & Fundraising Support

• Work closely with the CEO and finance team to:

• Structure project finance and portfolio-level financing

• Support equity and debt fundraising

• Ensure bankability of PPAs and project structures

• Own project IRR, tariff competitiveness, and risk-return optimisation.

• Execution & Delivery

• Oversee project development timelines, cost control, and risk mitigation.

• Coordinate with EPC, engineering, procurement, and construction partners.

• Ensure projects are delivered on time, within budget, and to performance benchmarks.

• Team Building & Leadership

• Build and lead a high-performance IPP team across development, commercial, regulatory, and execution functions.

• Establish scalable processes, governance frameworks, and performance metrics.

• Foster a strong execution-driven and entrepreneurial culture.

Candidate Profile

• relevant experience in renewable energy, power generation, or infrastructure.

• Proven experience in building IPP or power generation platforms from scratch (0-to-1).

• Track record of developing and executing utility-scale renewable projects in India.

• Hands-on experience working with multiple stakeholders: government bodies, lenders, investors, EPCs, and offtakers.

Skills & Competencies

Strong understanding of:

• Indian power market structure

• Renewable energy regulations and bidding frameworks

• Project finance and PPA structuring

• Commercially astute with strong negotiation and deal-closing capabilities.

• Strategic thinker with execution focus.

• Excellent leadership, communication, and stakeholder management skills.

Education

• Bachelor’s degree in Engineering (preferred).

• MBA or equivalent qualification is an advantage.

What Success Looks Like

• Creation of a credible, scalable IPP platform with a strong development pipeline.

• Achievement of 10 GW assets under development/operation over the planned horizon.

• Successful closure of PPAs, financing, and timely project execution.

• Establishment of long-term institutional credibility with investors and regulators.

Why Join

• Opportunity to build one of India’s leading IPP platforms from the ground up.

• Direct reporting to the CEO with high ownership and strategic influence.

• Long-term wealth creation opportunity aligned with India’s energy transition.