In a strategic move to drive its Global Products & Services (GPS) business to new heights, Sterlite Power has announced the appointment of Reshu Madan as its Chief Executive Officer. Madan, a seasoned industry professional with over 25 years of experience in power and infrastructure leadership roles, brings a wealth of expertise to his new position.
Having spent the last five years at Sterlite Power, Madan has been instrumental in advancing the company's Power cables vertical and spearheading key strategic initiatives as Director of Commercial & HVDC. His accomplishments include securing the company’s first Statcom project in the infrastructure segment.
Prior to joining Sterlite Power, Madan held prominent leadership positions at Crompton Greaves and TBEA Energy. He holds a B.E. in Mechanical Engineering from Pune University and a Post Graduate Diploma in Business Management from IMT Ghaziabad.
Expressing his enthusiasm for his new role, Madan stated, “I am honored to lead Sterlite Power's mission to accelerate energy transition and decarbonization efforts globally. With our scale, technology, and manufacturing capabilities, Sterlite Power is poised for significant growth. I look forward to collaborating with our talented team and valued customers to unlock this potential and deliver clean energy solutions on a global scale.”
Pratik Agarwal, Managing Director of Sterlite Power, expressed confidence in Madan's ability to lead the GPS business to greater success. He commented, “We are delighted to welcome Reshu Madan as the new CEO of our GPS business. His extensive experience and deep understanding of the power and infrastructure sectors make him a valuable asset to our team. We are confident that under his leadership, the GPS business will thrive and reach new milestones.”
Sterlite Power, a leading private sector power transmission infrastructure developer, has a robust portfolio of completed, sold, and under-construction projects spanning approximately 16,529 circuit kms of transmission lines across India and Brazil. With about USD 2 billion worth of projects under management in India, Sterlite Power has established itself as a key player in the industry.
Additionally, Sterlite Power’s Global Products & Services business manufactures and supplies high-performance power conductors, EHV, HV, and MV cables, as well as OPGW, to over seventy countries. With four state-of-the-art manufacturing facilities and specialized EPC turnkey capabilities, Sterlite Power offers bespoke solutions for upgrading and fiberizing existing transmission infrastructure projects.
As the company continues to advance towards a green energy-efficient future, it remains committed to integrating renewable energy into the grid. Sterlite Power has also made significant strides in the financial market, being the first transmission player to launch InvIT in the power sector, listed on the BSE Limited and the National Stock Exchange of India Limited.