Confidential mandate
Chief Executive Officer — Interim, Renewable Energy Platform
Urgent / Replacement
Founder removal and construction slippage require a twenty-four-month interim CEO to reset a renewable platform, secure project financing and transfer a credible operating portfolio in India.
The mandate
The board removed the founder-CEO after land, grid and procurement milestones were repeatedly represented as complete before evidence existed. Lenders have paused commitments on a 2.4 GW pipeline, and operating assets face distraction from construction cash demands.
The interim must start within three weeks for twenty-four months through portfolio triage, financing and delivery of priority assets. Permanent search begins after the first 600 MW reaches commercial operation, allowing a three-month overlap.
Handover requires 1.2 GW commissioned within revised budgets, ₹6,000 crore of project debt closed, operating availability above ninety-eight per cent, and the successor accepting a board-certified pipeline with land and grid evidence.
The CEO may stop projects, reallocate approved development capital and negotiate finance within board returns. New bids, acquisitions, project commitments above ₹100 crore and disposal of operating assets require investment approval; statutory grid and lender tests cannot be waived.
International expansion, green hydrogen and retail power supply are excluded. The mandate makes the existing Indian solar and wind portfolio financeable and deliverable.
Why this seat is open
Founder removal left both authority and trust gaps across investors, lenders and project teams. A rushed permanent appointment would inherit disputed facts and an untriaged pipeline. The board wants temporary executive accountability until delivery evidence supports a credible long-term platform strategy.
What you will own
- Reclassify every project by land, permit, evacuation, resource, offtake, capital and return evidence.
- Decide continue, pause, redesign or exit status for the 2.4 GW pipeline.
- Secure project debt against independently verified construction and revenue assumptions.
- Establish integrated project control connecting schedule, cost, contract, land and grid critical paths.
- Protect operating-asset maintenance and liquidity from ungoverned development draw.
- Report portfolio progress through achieved evidence rather than forecast milestone labels.
- Transfer investor, lender and project authority after 1.2 GW commissioning and three months of overlap.
Candidate qualifications
- Twenty-eight-plus years in Indian infrastructure or energy with CEO accountability for large renewable portfolios.
- Delivered and financed at least 1 GW of utility-scale solar, wind or hybrid projects.
- Deep knowledge of land, evacuation, PPAs, EPC, equipment supply, project debt and commercial-operation tests.
- Experience resetting founder-led or investor-backed platforms after milestone and cash credibility deteriorated.
- Ability to stop value-destructive development despite sunk cost and stakeholder attachment.
- Strong lender, investor, government and board engagement during project underperformance.
- Prior transition of a turnaround platform to a permanently recruited chief executive.
Non-negotiables
- Can be based in Delhi NCR within three weeks and travel extensively to project sites.
- No current interest in developers, EPC contractors or lenders engaged by the platform.
- Will apply board return thresholds consistently to legacy founder-sponsored projects.
- Commits to twenty-four months and the planned permanent-CEO transition.
- 49 words maximum. Confirm your start date and any renewable board or investment conflicts.
- 49 words maximum. What generation capacity did you commission after resetting a distressed project portfolio?
- 49 words maximum. Which project did you stop despite sunk development cost, and what evidence drove the decision?
This mandate is confidential. The client is named only under a mutual NDA, and your own record is never listed, sold or shown to a company under your name until you release it for this specific mandate.