Business Head IPP

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.