Finance Monthly CEO Awards 2016 Edition

FINANCE MONTHLY CEO AWARDS 2016 www.finance-monthly.com 94 INDIA Sanjeev Aggarwal Founder and CEO of Amplus Energy Solut ions Pvt Ltd Website: www.amplussolar.com Areas of Expertise • SPAAS business model: Amplus has an innovative (or competitive Solar Power As A Service (SPAAS) business model that protects clients from techno-financial and commercial risks in using Solar Power while delivering long term commercial savings and contributing significantly towards environmental sustainability • Solar expertise: Amplus is run by experts in the power sector. Amplus is among the few companies that have end to end in house capabilities across all aspects – including Design, Engineering, Procurement, Construction, Monitoring and Maintenance. • World Class Organisation: Amplus follows global best practices across Products, Process, Technology and Safety • Rooftop Focus: We are entirely dedicated to the distributed (rooftop sector – this has given a unique advantage in understanding this space as compared to other leading players. For most others, the rooftop segment forms a very small percentage of their overall business, not allowing them the focus required to address the unique challenges of this sector (grid scale and rooftop plants differ immensely in terms of issues and challenges). • Strong Financials: Amplus has an equity investment of US$ 150 million (INR 1,000 Crore) from I Squared Capital, a US based PE fund that focuses on Infrastructure. This translates into quick implementation without the need for third party investors. • Agility and Responsiveness: With our quick turnaround times – from capacity analysis, commercial proposal, site specific customisation etc. to our speedy, committed timeline implementation, Amplus ensures that the Customer is at the heart of the organisation. We guarantee delivery in our committed time frame. Our high repeat rates bear testimony to our customer service orientation. Firm Profile Amplus Energy Solutions is a leader in providing distributed solar and energy solutions to industrial and commercial customers in India. Amplus owns and manages a portfolio of operational and under-construction plants totalling more than 30,000 kW, serving more than 30 customers at over 200 locations under its brand ‘Amplus Solar’ and ‘M+ Solar’. Amplus is backed by I Squared Capital, a global private equity fund focused on developing long-term sustainable infrastructure assets globally. Amplus employs more than 70 people with offices in 5 major cities across India and has the largest dedicated team of experienced professionals in the rooftop and distributed generation segment. Amplus Solar specializes in building rooftop solar power plants for on-building rooftops, car parks, and open spaces within the premises on Build Own Operate Transfer (BOOT) basis. The company seeks to create value for its customers through efficiencies in development, finance, construction and operation of distributed solar energy projects across the country. For Further details about the Amplus Group, please visit www.amplussolar.com About Sanjeev Aggarwal Sanjeev Aggarwal is the Founder and CEO of Amplus Energy Solutions Pvt Ltd, one of the fastest growing distributed solar generation companies in India. Sanjeev specialises in building businesses, project development, investment management and project finance in the energy sector. His vision of providing distributed energy through renewable sources and the support of a high potential management team has enabled Amplus to build up a portfolio of over 30 MW of rooftop solar projects spread over more than 200 sites in the firm’s first year of operation since it raised US$ 150 Million of equity from I-Squared Capital, a $3 billion infrastructure fund based out of the USA. Prior to Amplus, Sanjeev led the business development team for AES Corporation in India. In 2013 Sanjeev was recognized as a Young Leader by Federation of Indian Chambers of Commerce and Industry (FICCI) and serves on various high-level committees as an industry expert, including the Solar Energy Task Force, Renewable Power Committee and Power Committee of FICCI. Sanjeev is trained as a mechanical engineer, with an MBA degree from IIM, Ahmedabad.