Summary
Overview
Work History
Education
Skills
Timeline
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Arjun Mehta

Arjun Mehta

Strategy & Business Development Lead
Chennai

Summary

Arjun is a proven strategy and business development professional in the renewable energy sector. Currently, he is the India Country Lead for BD at Fortescue, a global green hydrogen developer and electrolyser manufacturer, headquartered in Perth, Australia.

In his 16+ year career, Arjun has led cross-border teams, managed key clients, cultivated government relationships, and successfully leading complex negotiations, which has helped sharpen his commercial acumen as well as relationship skills. He is a risk taker, having grown young businesses and running a startup, and is an ambitious individual.

He has a track record of closing corporate renewable PPA deals, formulated detailed business and market entry strategies for companies in the green hydrogen segment, and undertaken market studies for electrolyser manufacturing in India.

Arjun’s ideal role would be in leading the strategy and business development functions for an energy conglomerate dedicated to clean energies, green hydrogen and decarbonisation.

Overview

15
15
years of professional experience
4
4
years of post-secondary education

Work History

Country Lead - Business Development & Strategy

Fortescue Future Industries
Chennai
03.2023 - Current
  • Developed country growth strategy for GW-scale green hydrogen and ammonia production projects as well as electrolyser manufacturing, including domestic and export market assessment, production cost estimation, competitor benchmarking, and business roadmap
  • Maintained key co-development partnerships; negotiated Joint Development Agreements; scoped out responsibilities for partners in joint project development; established relationships with vendors for estimation, PFS and FEED studies in India
  • Maintained critical relationships with Indian and Australian governments, state government, and Investment Promotion Agencies; represented FFI in key regulatory discussions and government meetings

Associate Director

KPMG Advisory Services Pvt. Ltd
Gurgaon
12.2021 - 03.2023
  • Policy & strategy consulting – led delivery of consulting assignments involving green hydrogen policy advisory to Indian central and state government entities funded a foreign government; developed corporate strategy for a large green hydrogen developer in India; developed go-to-market strategy for an energy conglomerate in the green ammonia export business in India; performed long-term visioning for MNRE
  • Though leadership – led the review of the National Hydrogen Mission’s policy, analysis on subsidy measures, PLI and policy interventions on green hydrogen production, electrolysers and RE; lead for internal sales to other Business Units on matters relating to the green hydrogen segment

Deputy General Manager

ReNew Power
Gurgaon
01.2019 - 12.2021
  • Green Hydrogen and Corporate RE PPAs, India
  • Strategy development - Formulated a detailed business case, business plan and go-to-market strategy for ReNew to enter the green hydrogen market as a merchant generator; led teams that built detailed cost models, demand forecast models, and revenue projections for domestic supply; created a supply chain mapping, hiring and resourcing plan for the team
  • Business development – Led business development for green hydrogen and Open Access solar and wind power to industrial customers across India; built a significant OA deal pipeline of ~1,000 MW involving complex deals and extensive commercial and contractual negotiation with clients; closed >22 MW in Open Access PPAs (~₹850 million capex) in FY2019-20 with >300 MW expected in FY2020-21; commercialised new solutions including green hydrogen and ammonia offtake contracts in 2021, high-PLF wind-solar hybrid PPA contracts for industrial clients
  • Project development – cultivated partnerships with global electrolyser OEMs, hydrogen and ammonia project EPC companies, gas storage and transportation providers and policy advocacy associations to inspire conducive policy mechanisms for green hydrogen in India; managed a techno-commercial feasibility study for a 50 KTPA (~1,200 MW solar) green hydrogen manufacturing project in Western India as part of a larger portfolio

Associate Director

SolarTown Energy Solutions
Chennai
04.2017 - 11.2018
  • Enterprise Business Development & Project Finance – Led the capital raising value chain including investment origination, prospecting, financial structuring, term-sheet negotiations and financial closure towards several rooftop solar PV deals (>5MW in PPAs; >₹150 million in project finance) and a debt credit commitment for a 10 MW portfolio for FY18-19; built relationships with multinational energy IPPs, HNI investors and infrastructure funds for project equity as well as senior lenders and NBFCs for project debt
  • Commercials management – managed commercial functions in relations to project appraisals, project valuations, tariff structuring for greenfield assets, transfer pricing for brownfield assets, contracts management and establishing investment thresholds for SolarTown’s deals across India

Global Program Manager

Sims Recycling Solutions
London, New Delhi
07.2013 - 04.2017

Responsible for business growth of seven key accounts in UK/India (>£400,000 annual topline) for e-waste disposal and IT asset management in Europe and India including service delivery, commercial strategy, and marketing

Associate

Citigroup Investment Research & Analytics, Equity Research
London, Mumbai
06.2010 - 04.2013

Energy Utilities & ESG/Sustainability research – sell-side research, financial modelling, thematic report writing, and assistance with institutional client management

Junior Associate

Crisil Global Research & Analytics, Equity Research
Chennai
06.2008 - 04.2010

Energy Utilities research – sell-side research, financial modelling, and report writing

Education

Master of Science - Environmental Policy

London School of Economics
09.2011 - 09.2012

Bachelor of Commerce - Commerce (Economics & Business

Loyola College
06.2005 - 04.2008

Skills

    Strategy development

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Timeline

Country Lead - Business Development & Strategy

Fortescue Future Industries
03.2023 - Current

Associate Director

KPMG Advisory Services Pvt. Ltd
12.2021 - 03.2023

Deputy General Manager

ReNew Power
01.2019 - 12.2021

Associate Director

SolarTown Energy Solutions
04.2017 - 11.2018

Global Program Manager

Sims Recycling Solutions
07.2013 - 04.2017

Master of Science - Environmental Policy

London School of Economics
09.2011 - 09.2012

Associate

Citigroup Investment Research & Analytics, Equity Research
06.2010 - 04.2013

Junior Associate

Crisil Global Research & Analytics, Equity Research
06.2008 - 04.2010

Bachelor of Commerce - Commerce (Economics & Business

Loyola College
06.2005 - 04.2008
Arjun MehtaStrategy & Business Development Lead