Current Advisor for Power Sales & Trading in the GMR Group, Mr. Amarinder Kumar
Maggu joins New Age Markets in Electricity private limited’s Strategic Advisory
Board. He has actively associated with the facilitation of Power tie up and
Power Purchase & Power Sale Agreements for GMR’s Thermal & Hydro Power Assets in
India & Nepal for Supply of Power to Utilities in India, Nepal & Bangladesh. He
has also successfully facilitated the MOU for Sale of Power from upcoming 900 MW
GMR Hydro Power Plant in Nepal to Bangladesh (through India) & a Discom in
India.
Being a senior Executive, Mr. Maggu has brought with him his capabilities of
achieving challenging targets and has delivered towards the financial and
business development of the company. For over six years from November 2009, he
played a crucial role in creating guidelines and bidding mechanism for the
selection and allocation of Solar Power Projects under the phase 1 of the
Jawaharlal Nehru National Solar Mission. The idea curated for JNNSM is adopted
in several states of India as well as has gained an International recognized and
is being adopted by others in other countries for the similar process of
functioning.
Mr, Maggu holds an M. Tech. in Management & Systems from the Indian Institute of
Technology, Delhi and a Mechanical Engineering degree from Regional Engineering
College (Now-National Institute of Technology). He later joined NTPC Ltd. as an
Executive Trainee in the year 1978 and holds an experience of over 39 years in
various fields like project Execution, Consultancy, Commercial, Marketing,
Business Development and Contracts.
