NEW
DELHI, Sept. 21, 2022 /PRNewswire/ -- Azure Power
(NYSE: AZRE) ("Azure" or "the Company"), a leading sustainable
energy solutions provider and renewable power producer in
India, announced Ms. Shweta Srivastava as its Chief Human Resource
Officer (CHRO).
In her new role, Shweta will be responsible for leading human
resource strategy in support of the overall business plan and
strategic direction of the Company, specifically in the areas of
succession planning, talent management, change management,
organizational and performance management, training and
development, and compensation.
Shweta joins Azure from Vedanta Ltd, one of the world's leading
oil & gas and metals company, where she served as the Group
Head Talent Acquisition. Her career reflects over two decades of
diverse human resources experience at leadership positions in
several Fortune 500 companies across industries like hi-tech,
consumer, life sciences and infrastructure.
Commenting on the onboarding, Rupesh
Agarwal, Acting Chief Executive Officer, Azure, said,
"We are delighted to have Shweta onboard at Azure, leading a
function that is very key to us. Shweta's mastery of people,
culture development and driving large scale execution will enable
us to strengthen our talent pool and keep investing in our people.
Her multi-dimensional experience
will help us strengthen our position as an employer of choice and
further build the organization of tomorrow."
Shweta Srivastava, CHRO,
Azure, said, "I would like to thank Azure Leadership for
this opportunity. I look forward to being a catalyst in further
building Azure's culture by driving inclusivity, attracting best in
class talent, and creating a meaningful and positive experience for
our people so we thrive, grow and deliver tangible business
goals."
About Azure
Azure is a leading independent sustainable energy solutions
provider, and power producer in India on a mission to create value for all
stakeholders through high-performance Renewable Energy assets.
Azure developed India's first
utility scale solar project in 2009 and since then, Azure has grown
rapidly to become a leader in developing and operating large
utility-scale renewable energy projects in the country. Azure also
partners with commercial and industrial customers in their
decarbonization journey by providing comprehensive solutions for
their clean energy needs.
For more information about us, visit: www.azurepower.com
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the US Securities Exchange Act of
1934, as amended, and the US Private Securities Litigation Reform
Act of 1995, including statements regarding the Company's future
financial and operating guidance, operational and financial results
such as estimates of nominal contracted payments remaining and
portfolio run rate, and the assumptions related to the calculation
of the foregoing metrics. The risks and uncertainties that could
cause the Company's results to differ materially from those
expressed or implied by such forward-looking statements include:
the availability of financing/refinancing on acceptable terms;
changes in the commercial and retail prices of traditional utility
generated electricity; changes in tariffs at which long term PPAs
are entered into; cancellation of PPAs; changes in policies and
regulations including net metering and interconnection limits or
caps; ongoing and potential litigation and/or regulatory
investigations; failure and delays in making regulatory filings
(including in India, Mauritius and United
States); the availability of rebates, tax credits and other
incentives; curtailment; the availability of solar panels and other
raw materials; its limited operating history; its ability to
attract and retain its relationships with third parties, including
its solar partners; its ability to meet the covenants in its debt
facilities; meteorological conditions and such other risks
identified in the registration statements and reports that the
Company files with the US Securities and Exchange Commission from
time to time. All forward-looking statements in this press release
are based on information available to the Company as of the date
hereof, and the Company assumes no obligation to update these
forward-looking statements.
For more information:
Investor Contact
ir@azurepower.com
Media Contact
pr@azurepower.com
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SOURCE Azure Power