In a recent press note, Azure Power announced that the retiring Managing Director and CEO of Thermax Ltd, M S Unnikirshnan will soon join Azure Power's Board of Directors as a non-executive and nominee Director of Caisse de dépôt et placement du Québec (CDPQ). CDPQ is a AAA debt rated, a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans in Canada. It has over CA$300 billion in assets under management and is the largest individual shareholder of Azure Power holding 50.7% ownership.
Mr. Unnikrishnan has over 30 years of experience in the energy and environmental sector including his recent role as Managing Director and CEO of Thermax Ltd. Under his leadership, Thermax's growth accelerated the company became one of the leading suppliers of power systems and equipment with a market capitalization of over US$1 billion.
M S Unnikrishnan has been awarded several recognitions for his leadership including Asia Innovator of the Year by CNBC Asia, one of the best CEOs in India by Grant Thorton, and India Innovator of the Year by CNBC India.
Azure Power is India’s leading independent solar power producer with a capacity of over 7 gigawatts. Azure Power developed country’s first private utility-scale solar project in 2009 and has been at the forefront in the sector as a developer and operator of solar projects since its inception in 2008 providing low-cost solar power solutions to customers throughout India.
For more information visit, www.azurepower.com.
