Balancing Value – Governance Framework

Framework for
Sustainable value

Value Creation


Management Team

Greenko’s senior management team comprises of professionals with extensive experience in the industry and relevant expertise to execute the business plans of the company. They lead the day-to-day management of the business and provide significant inputs for setting strategic direction and assessing the risk to the Board. Under the supervision of the Board of Directors, they ensure that the business is conducted in accordance with the policies and procedures established by the governing bodies. They report regularly to the Board of Directors about the attainment of the established objectives.

Leadership Team

Mr. Anil Kumar Chalamalasetty (Chief Executive and Managing Director) had an extended entrepreneurial career during which he was involved in evolving start-up businesses in Information Technology, Infrastructure and Environmental sectors in the United Kingdom and India. Mr. Chalamalasetty is experienced in mergers and acquisitions, transition and project management with a successful track record of managing operations involving large remote teams. He co-founded and developed the Company with Mr Mahesh Kolli in 2004 and incorporated it in early-2006 to raise funds for financing early operations. He is responsible for effectively implementing the strategic business road map of the Company. Mr. Chalamalasetty is a graduate in Computer Science and holds a Master’s from North West University.

Mr. Mahesh Kolli (President and Joint Managing Director) started his career in the energy sector and went on to build his entrepreneurial interests in Information Technology and Environmental space. His entrepreneurial journey started with an environmental solutions company focused on technology transfer from developed markets to India. He cofounded Greenko Group along with Mr Anil Chalamalasetty in 2004. Within Greenko, he is responsible for driving the vision, business development and new project initiatives of the Group. Mahesh is a regular speaker at Carbon Market & Clean Energy conferences around the world and is a graduate in Mechanical Engineering from Karnataka, India.

Mr. Vasudeva Rao Kaipa (Chief Financial Officer). He joined the Board in Feb 2012. Prior to Greenko, he was an Executive Director for XL Energy Ltd (from 2005) which has diversified interests including significant solar power operations and organized its IPO to the Indian Stock Exchange in 2006. He also served on the Board of Directors of GSS America Infotech Ltd, a Software Services Company which he advised and helped organize its IPO and NEST Ltd. Vasu also served as an Executive Director at Goldstone Technologies Ltd and also worked for Kirloskar Electric, in a number of key finance roles.

Mr. Vinay Bhatia (General Counsel) is a 2001 alumnus of one of India’s premier law schools, NLSIU Bangalore. He has a diverse blend of experience across organizations such as ICICI Bank, AMSS, Franklin Templeton, SunEdison and IFIN. As India General Counsel of SunEdison, Vinay played an instrumental role in the rapid expansion of its business in India and emerging markets, while also serving as its regional compliance officer. At Greenko, Vinay manages commercial litigation and provides legal counsel for all project financing, project contracting and M&A activities.

Mr. Naredla Venugopala Rao (Chief Operating Officer-Greenko Asset Management), former CEO of Reliance Power, is a power-sector professional. He has more than 36 years of experience in senior positions like CEO, CFO with Reliance Power, Lanco Group and NTPC. At Greenko he heads project management and asset management.

Mr. G. Adiseshulu (Chief Operating Officer-Projects), An energy industry veteran with over 45 years of varied experience in the design, development and operations of Hydro, Pumped storage, Lift irrigation projects and solar parks in India. He retired as Chief Engineer and Director (Hydro) of Andhra Pradesh Power Generation Corporation (APGENCO) and also served as CEO of APSPCL. At Greenko he heads the Integrated Renewable Energy Storage Projects.

Mr. Nagendra Dandamudi (Chief Operating Officer – Organization Development) has over 25 years of experience in leadership positions at various organizations including AT&T, Cable & Wireless, and Motorola. At Greenko he leads Greenko’s transformation initiatives, Innovation, Strategic Planning, ESG, Sustainability, Integrated Reporting System, Greenko Integrated Management Systems, Organization Development, and Technology Roadmap.