Pratik Agarwal is the Director of Serentica Renewables, a green energy company that focuses on providing round-the-clock carbon-free power to large consumers of energy in India.
Pratik is also the Managing Director of Sterlite Power and is also a non-executive director at Sterlite Technologies Limited and Sterlite Investment Managers Ltd. Previously, he has held directorship positions in Sterlite Ports, Vizag General Cargo Berth Ltd, and Speedon Networks Limited.
Under his leadership, Sterlite Power has grown from a USD 150mn project in 2010 to developing 30 projects across India & Brazil, worth ~USD 6bn. In 2017 Sterlite spun-out its Indian operating assets into a yield platform called IndiGrid – India’s first power sector Invit (Infrastructure Investment Trust). IndiGrid, was subsequently acquired by a consortium of Infrastructure funds and co-investors.
Pratik has pioneered the use of cutting-edge technologies in the design, engineering, and construction of transmission systems, including the use of heli-crane technology, for the first time in Asia. In 2019, Sterlite Power won the coveted International Project Management Association Gold award (highest honor) in the mega-projects category, and the Standard & Poor Global Platts Energy Award for Construction Project of the year.
Pratik is passionate about climate change and the role that companies can play in reversing this phenomenon. Serentica Renewables, which is built as a sustainable energy platform, will provide industries with round-the-clock clean energy, thereby supporting India’s clean energy transition as well as net zero goals.
Recently, Pratik was named the Economic Times CEO of the Year Award at the Energy Leadership Summit 2022. In 2018, he had also received Economic Times 40 under 40 award, which recognizes young business leaders under the age of forty.
Pratik is the chairman of sub-committee on Power Transmission at the Confederation of Indian Industries (CII), co-chair of the committee on Infrastructure and Real Estate at IMC Chamber of Commerce and Industry, member of the Indian advisory board of the India Brazil Chamber of Commerce (IBCC) and the current President of Electric Power Transmission Association (EPTA) of India.
He has a Bachelor of Science degree from The Wharton School at the University of Pennsylvania, and an MBA degree from the London Business School.
Mr. Shah is a member of the Asia-Pacific Infrastructure team of KKR since 2018 responsible for Infrastructure investments in India. Mr. Shah began his career at Macquarie Group in Sydney where he spent over 10 years across their Sydney and Mumbai offices and was involved in building their India Infrastructure business. More recently, he led Brookfield’s India business in India and was responsible for building Brookfield’s team and presence. Mr. Shah has led ~USD4bn of transactions in India across various infrastructure sectors such as Telecom Towers, Toll Roads, Airports, Energy transportation and Renewable Energy. Mr. Shah holds a post graduate degree from S.P. Jain Institute of Management & Research (Mumbai) and is a CFA Charter holder.