abhhey Kumarr Raina, BUSINESS UNIT HEAD

abhhey Kumarr Raina

BUSINESS UNIT HEAD

DANWAY EME

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Electrical Electronics & Power
Experience
21 years, 0 Months

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Work Experience

Total years of experience :21 years, 0 Months

BUSINESS UNIT HEAD at DANWAY EME
  • United Arab Emirates - Dubai
  • My current job since July 2023

I am responsible for P&L of Renewable Business Vertical (SOLAR/WIND/ENERGY STORAGE/GREEN HYDROGEN)
and developing company into a major renewable EPC player in ME & AFRICA.

Director at SOLIS SOLAR GROUP
  • India - Gurgaon
  • October 2020 to June 2023

Solis Solar is a renewable company engaged in Large MW scale solar EPC, IPP, Business catering to Govt,
corporate and open access customers.

BUSINESS HEAD - SOLAR at ADANI SOLAR
  • India - Ahmedabad
  • April 2019 to October 2020

Adani is one of the largest conglomerates in India with diverse business interests. It also is the largest
Renewable Power Producer with over 25 GW under operation and over 10 GW under development.
VP & Head Solar Business - Reporting CEO
- Responsible for Solar business, module sales and over all responsible for P&L and maintaining high EBIDTA
Margins.
- Won over 700 MW and Executed 400 MW solar EPC/IPP (both Govt as well as C&I customers), Increase
Revenue & EBIDTA ($200 Million, 15%)
- Prepare Annual budget for the BU and monitor delivery as per the agreed annual target.
- Establish System and Processes & Setup QA/EHS and O&M departments
- Develop Vendor and execution partner network & decrease procurement cost by 15% YOY
- Set up Solar PV plant monitoring system and ensure project profitability over PPA term
- Maintaining government relation at all levels (central, state, local, and international) to ensure conducive
environment to advance business.
Achievements:
- Turned around Solar EPC business turnkey EPC into a profitable BU within one year of my taking over a
business head.
- Participated in over 2 GW solar tender from NTPC, SECI, GUVNL, APGCL, MDEDCL, EESL, SCCL, NLC.
Won over 1 GW plus Solar projects, Commissioned 400 MW plus and under execution over 700 MW
- Successfully closed orders worth 500 MW of module sales with EPC/ developers/C&I customers
- Successfully closed negotiations for 75 MW PPA for open access and rooftops
- Generated business of Over $300 Million with 18% EBITDA margin.
- Worked on expansion plans that included setting business activities in MENA, SEA and Australia.
- Well versed with latest module technology and module manufacturing process
EDELWEISS ALTERNATE ASSETS - (

ASSOCIATE DIRECTOR at Edelweiss
  • India - Mumbai
  • October 2018 to March 2019

I was heading the green energy platform portfolio for edelwiess Alternate Assets Advisors (EDELWEISS COMPANY).

The plant form had interest in investing in Renewable Energy, Roads, Transmission line with an capital allocation of over 1 billion dollars with a greenshoes option of $ 600 Million.

My responsibility was to acquire Solar and wind power plants with high returns. I was responsible for doing technical due diligence and assessment of the assets and help investment decision making and post acquisition to maintain the plant optimal output by implementing methods, technology and systems.

VICE PRESIDENT & BUSINESS HEAD - SOLAR at HERO FUTURE ENERGIES
  • India - New Delhi
  • April 2016 to September 2018

I headed the Renewable platform reporting to the Fund Manager (Sr. EVP)
- Business Development to set up 1 GW Solar Power portfolio by acquiring the solar assets
- Hold discussion with investors and project developers.
- Oversee due diligence process before acquisition & give Go/No Go Solar Plant acquisition to management
- Setting up control and monitoring center, lead procurement, engineering, and operations
- Cost control & entire P&L responsibility

AVP at RELIANCE POWER LTD
  • India
  • February 2014 to March 2016

Reliance Power is one of the largest conglomerates in India with diversified business. It also is the largest
power producer in India

General Manager at AZURE POWER PVT LTD
  • India - Gurgaon
  • April 2013 to January 2014

I was head of solar business development and Procurements at Azure Power

National Manager at STERLING AND WILSON (P) LTD
  • January 2009 to March 2013

Sterling and Wilson is among the top 5 Solar EPC’s in the world having executed over 10 GW project across
the world.

at Securitas Systems (P) Ltd
  • September 2001 to March 2004
senior manager at CMC INDIA LTD
  • India - New Delhi
  • September 1998 to August 2001

Education

Bachelor's degree, Electrical Electronics & Power
  • at Marathwada University
  • December 2022

Bachelor of Engineering in in electrical electronics and Power

Bachelor's degree, Electrical Electronics & Power
  • at Marathwada University
  • January 1998

.

Specialties & Skills

P&L responsibility
Business Strategy
Renewable Energy
Global Business Development
BUSINESS DEVELOPMENT
PROCUREMENT
PROJECT DEVELOPMENT
RENEWABLE ENERGY
RENEWABLE PROJECT DEVELOPMENT AND EXECUTION
TEAM MANAGEMENT
BUSINESS MANAGEMENT
P&L MANAGEMENT

Languages

English
Expert
Hindi
Native Speaker
Urdu
Expert

Training and Certifications

Wharton School Certification in LEADERSHIP AND MANAGEMENT IN NEW-AGE BUSINESSNew Age (Certificate)
Date Attended:
July 2023

Hobbies

  • have won many award in my career
    Concious capatalist of the year Best EPC of the Year Pride of ING and many more accolades features on all prominent Renewable Energy Magazine in India Featured in a Interview with Tomaz which can be seen on YouTube Have been Panel Memeber at Various Renewable Energy Exhibitions and Conclaves Have been founder member and Secrrtary of Distributed Solar power producers Asdcoaition in India