Shishir Sharma
Gurgaon
Summary
Dynamic renewable energy leader with extensive experience in utility scale bidding and project financing at Ampyr Energy. Proven track record in negotiating power purchase agreements and driving sustainable development initiatives. Adept at managing complex deals while fostering strong stakeholder relationships, ensuring successful project execution and compliance with regulatory frameworks.
Overview
18
18
years of professional experience
Work History
Head Utility Bids
Ampyr Energy
05.2024 - Current
- Company Overview: Ampyr is a renewable energy company set up in the year 2020 and funded by Climate Investor One (CI1), a cleantech fund based out of Netherlands. CI1 is co-promoted by FMO, the Development Bank of Netherlands. Ampyr has global footprint in other geographies namely Europe, Australia and USA with operational as well as development projects of 5 GW Capacity.
- Responsible for leading Utility Scale bids in Solar, BESS, Hybrid Projects and Data Centers.
- Involved in acquisition of Ib Vogt Utility Solar project of 200 MW in the state of Gujarat.
- Heading 400 MW C&I vertical in Karnataka & Maharashtra include PPAs and customer demand analysis.
- Expanding the C&I avenues to the state of AP, UP & Chhattisgarh
- Site Identification and appraisal based on evacuation, permitting and construction feasibility for wind & solar power projects.
- Well versed with regulatory framework of Indian RE sector including General Network Access (GNA).
- Involved in Due diligence team for assessment of Enel and Fortum Wind and Solar projects.
- Raising Project Development Fund from the Investment Committee
- Ampyr is a renewable energy company set up in the year 2020 and funded by Climate Investor One (CI1), a cleantech fund based out of Netherlands. CI1 is co-promoted by FMO, the Development Bank of Netherlands. Ampyr has global footprint in other geographies namely Europe, Australia and USA with operational as well as development projects of 5 GW Capacity.
Vice President
DANS Energy Private Ltd
04.2022 - 05.2024
- Company Overview: DANS Group is a renewable project developer who has developed and operating 96 MW Jorethang loop hydroelectric project and 97 MW Tashiding hydroelectric project in the State of Sikkim, India. Both the projects are operational and supplying power to the country.
- Executed debt restructuring of USD 185mn with PFC, REC & PNB and received sanction letter for another USD 150mn.
- Achieved necessary Credit Ratings for the projects and closed the loan documentation with the legal team.
- Negotiated, Drafted, Executed long term PPA (Power Purchase Agreement) for 200 MW capacity hydro projects with Haryana Discom.
- Commercially handled conventional and non-conventional PPA’s of 1800 MW.
- Issuance of 1.5mn CERs (Certified Emission Reduction) with UNFCCC and working towards sustainable development as a certified sustainable finance and taxonomy expert by UN Climate Change.
- DANS Group is a renewable project developer who has developed and operating 96 MW Jorethang loop hydroelectric project and 97 MW Tashiding hydroelectric project in the State of Sikkim, India. Both the projects are operational and supplying power to the country.
Vice President
Hydreq Power India Private Ltd
04.2017 - 03.2022
- Company Overview: Hydreq Power India Pvt Ltd is a platform company of Equis Funds Group, Singapore which is established for developing hydro business across Asia Pacific region. Equis is USD 2.7 billion private equity fund that invests in developing energy and infrastructure sector in Asia pacific region. Equis being one of Asia-Pacific’s largest investors focused on developing, building, operating, and owning renewable energy assets. Equis is a majority stakeholder in Indian hydro business comprised of two hydroelectric projects; 96 MW Jorethang loop hydroelectric project and 97 MW Tashiding hydroelectric project in the state of Sikkim, India.
- Led the closure of USD 120mn investment in ~ 200 MW hydro assets in India which include preparation of Information Memorandum and, due diligence with Actis, Nixif, NIIF, Statkraft, Greenko, GSC and others.
- Worked on setting up solar business for Ampyr Energy in US & Europe, prepared Investment Committee papers for fund.
- Managed fund flow for the project's under the FPI Regime through debentures and equities with International and local banks.
- Hydreq Power India Pvt Ltd is a platform company of Equis Funds Group, Singapore which is established for developing hydro business across Asia Pacific region. Equis is USD 2.7 billion private equity fund that invests in developing energy and infrastructure sector in Asia pacific region. Equis being one of Asia-Pacific’s largest investors focused on developing, building, operating, and owning renewable energy assets. Equis is a majority stakeholder in Indian hydro business comprised of two hydroelectric projects; 96 MW Jorethang loop hydroelectric project and 97 MW Tashiding hydroelectric project in the state of Sikkim, India.
Assistant General Manager
DANS Energy Private Ltd
10.2015 - 04.2017
- Responsible for operation, commercial activities of ~100 MW Hydro project and involved in the construction and project EPC for another 100 MW.
- Involved in discussions with CEA and PowerGrid for construction of transmission lines for power evacuation through LTOA (Long term Open Access) from the interconnection point.
- Assisted in preparation and filing of Tariff Regulations for the project.
- Liaison with Haryana Discoms and other agencies for effective communication.
Senior Manager
Adhunik Power & Natural Resource Ltd
07.2013 - 10.2015
- Company Overview: Adhunik Group is one of the fastest growing groups in India. It is engaged in mining, steel, power and value-added steel products, catering to a vast and quality focused customer base. The company had signed MoU with the Jharkhand government for setting up a 1080 MW coal fired thermal power plant. Adhunik has implemented an optimum mix of long-term purchase agreements (PPAs) and spot market sales.
- Power sales through power exchange, long term, and short-term market.
- Involved in the preparation & filing of tariff petition with distribution utilities.
- Executed Long Term PPA’s of ~350 MW with states like Jharkhand, West Bengal & Tamil Nadu.
- Involved in preparation of bid documents and assisted in tariff numbers for Tamil Nadu power purchase tender.
- Adhunik Group is one of the fastest growing groups in India. It is engaged in mining, steel, power and value-added steel products, catering to a vast and quality focused customer base. The company had signed MoU with the Jharkhand government for setting up a 1080 MW coal fired thermal power plant. Adhunik has implemented an optimum mix of long-term purchase agreements (PPAs) and spot market sales.
Assistant Manager
Apraava Energy (erstwhile CLP India Ltd)
Jhajjar
12.2010 - 07.2013
- Company Overview: CLP Power India Pvt. Ltd is a wholly owned subsidiary of CLP Holdings, a leading investor – operator in Asia Pacific energy sector. CLP Group started its India innings by acquiring a stake in the 655 MW gas powered Gujarat Paguthan Energy Corporation in Bharuch, Gujarat in 2002. Since then, CLP India’s portfolio has expanded to 2600 MW which include around 650 MW of wind energy projects and a 1320 MW coal fired power plant in Jhajjar, Haryana. CLP India's parent company, CLP Holdings was founded in 1901 as China Light and Power Company Limited in Hong Kong. For over 100 years, CLP has powered Asia’s dynamic and spectacular growth, operating in Hong Kong, Chinese Mainland, Australia, India, Southeast Asia and Taiwan.
- Responsible for preparation and submission of energy billing & coal cost analysis.
- PPA Management of ~1200 MW with Haryana distribution utilities
- Liaison with Haryana Discoms for energy bill payment including commercial matters.
- CLP Power India Pvt. Ltd is a wholly owned subsidiary of CLP Holdings, a leading investor – operator in Asia Pacific energy sector. CLP Group started its India innings by acquiring a stake in the 655 MW gas powered Gujarat Paguthan Energy Corporation in Bharuch, Gujarat in 2002. Since then, CLP India’s portfolio has expanded to 2600 MW which include around 650 MW of wind energy projects and a 1320 MW coal fired power plant in Jhajjar, Haryana. CLP India's parent company, CLP Holdings was founded in 1901 as China Light and Power Company Limited in Hong Kong. For over 100 years, CLP has powered Asia’s dynamic and spectacular growth, operating in Hong Kong, Chinese Mainland, Australia, India, Southeast Asia and Taiwan.
Assistant Manager
LANCO Power Trading Limited
Gurgaon
06.2007 - 12.2010
- Company Overview: LANCO Power Trading Ltd (now National Energy Trading & Services) is one of the leading power trading companies in India catalyzing development of Indian electricity market. LANCO has done power trading on a big scale and has caused the electrons to flow across the length and breadth of the country, which has helped to bridge the demand and supply gap of distribution utilities.
- Responsible for power sale and scheduling through power exchange and short-term contracts
- Pioneer in power banking system with distribution utilities for non-monetary power trade.
- Educated & advised clients on power trading solutions & managed power demand portfolio BALCO industries & state of Goa.
- LANCO Power Trading Ltd (now National Energy Trading & Services) is one of the leading power trading companies in India catalyzing development of Indian electricity market. LANCO has done power trading on a big scale and has caused the electrons to flow across the length and breadth of the country, which has helped to bridge the demand and supply gap of distribution utilities.
Education
Master’s in business administration - power management
National Power Training Institute
Faridabad01.2007
Bachelor’s in engineering - Electronic & Instrumentation
U.P Technical University
Lucknow01.2005
Skills
- Utility scale bidding
- Power purchase agreements
- Project financing
- Renewable energy policies
- Sustainable development practices
- Deal negotiation
Disclaimer
09/25/25, Gurgaon, Haryana
Personal Information
- Father's Name: Mr R.A. Sharma
- Date of Birth: 12/24/81
- Nationality: Indian
- Marital Status: Married
Timeline
Head Utility Bids
Ampyr Energy
05.2024 - Current
Vice President
DANS Energy Private Ltd
04.2022 - 05.2024
Vice President
Hydreq Power India Private Ltd
04.2017 - 03.2022
Assistant General Manager
DANS Energy Private Ltd
10.2015 - 04.2017
Senior Manager
Adhunik Power & Natural Resource Ltd
07.2013 - 10.2015
Assistant Manager
Apraava Energy (erstwhile CLP India Ltd)
12.2010 - 07.2013
Assistant Manager
LANCO Power Trading Limited
06.2007 - 12.2010
Master’s in business administration - power management
National Power Training Institute
Bachelor’s in engineering - Electronic & Instrumentation
U.P Technical University
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