Sharad PungaliaManaging Director & CEO
Sharad Pungalia is the Managing Director & CEO of Amplus Solar, Asia’s largest Distributed Solar Company.
His experience, spanning over two decades in the power and energy sector, has been fundamental to Amplus Solar becoming a Gigawatt scale company. In addition, Sharad’s expertise and deep understanding of project development, commercials and finance have added value to our operational excellence.
Amplus Solar was founded with a vision to provide low-carbon energy solutions. Today, it is one of the leading names in India’s Distributed Energy Industry and is rapidly expanding globally. Amplus Solar’s 500+ projects cater to over 250 commercial and industrial customers. Amplus has also diversified into energy storage and electric mobility.
Prior to Amplus, Sharad was working with AES Corporation’s Indian subsidiary. He led the development of a 1320 MW pithead thermal power plant with a captive coal mine. He was also involved with other business development activities involving AES’s greenfield coal, gas, and hydro projects in India. Before AES, Sharad worked with KSK Energy Ventures Private Limited, developing power projects across Andhra Pradesh, Chhattisgarh, Karnataka, and Tamil Nadu.
Sharad is an IBS alumnus with expertise in Finance.