Moneycontrol PRO
Outskill Genai
HomeNewsBusinessHinduja Renewables appoints Deepak Thakur as new MD and CEO amid greater push into clean energy

Hinduja Renewables appoints Deepak Thakur as new MD and CEO amid greater push into clean energy

The appointment of the new MD and CEO comes at a time when the Hinduja Group is making a big push into clean energy with a plan to triple its renewable portfolio from 3 gigawatts (GW) to more than 10 GW by 2030.

October 14, 2025 / 11:02 IST
Deepak Thakur, Managing Director and CEO, Hinduja Renewables Energy Pvt Ltd

Hinduja Renewables Energy, a sustainable power company and part of the diversified Hinduja Group, has appointed Deepak Thakur as its Managing Director and Chief Executive Officer effective October 1, 2025, the company has said in a statement.

Deepak Thakur has succeeded Sumit Pandey, who stepped down from the position after leading the company through the formative growth phase.

Thakur has over three decades of experience across renewable energy, infrastructure, industrial products and electronics, having held senior leadership roles at Mahindra Group, Reliance, Sterling & Wilson, L&T, Honeywell, and Thermax, managing businesses across solar, wind, hybrid systems, and storage. His expertise spans the renewable energy value chain - from project development and EPC to operations, upstream manufacturing, and asset monetisation through InvITs.

The new MD and CEO holds a Bachelor’s degree in Mechanical Engineering from the University of Pune and an MBA from Symbiosis Institute of Business Management.

“As we continue to build on our aspiration to be a leading player in the renewable energy domain, Deepak’s experience and leadership will be pivotal in our journey ahead,” said Shom Hinduja, Chairman, Hinduja Renewables.

Hinduja Renewables is a renewable power producer with operations spanning utility-scale and distributed solar projects. The appointment of the new MD and CEO comes at a time when the Hinduja Group is making a big push into clean energy with a plan to triple the renewable portfolio from 3 gigawatts (GW) to more than 10 GW by 2030. This expansion is expected to see the group spend as much as $3-4 billion on capital expenditure, Moneycontrol had reported on August 28.

Hinduja Renewables operates more than 40 plants across Tamil Nadu, Maharashtra, Rajasthan, Delhi-NCR, Gujarat, Uttarakhand, and Karnataka. Its current portfolio of 3 GW is backed by long-term power purchase agreements with central agencies such as SECI (Solar Energy Corporation of India) and NTPC.

“The Group’s deep commitment to renewables aligns strongly with India’s energy transition, and I look forward to being part of this exciting journey of impact and growth,” said Thakur.

Moneycontrol News
first published: Oct 14, 2025 11:01 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347