Gensol Engineering has appointed Kuljit Singh Popli as an Independent Director (Non-Executive) and Ali Imran Naqvi as Executive Director.
Popli is a Founder Director of Clime Finance Pvt. Ltd. Prior to that he served as an Advisor with the International Solar Alliance for two years and was Chairman & Managing Director of Indian Renewable Energy Development Agency Limited (IREDA), a leading developmental finance institution in India focusing on renewable energy and energy efficiency projects, from 2014-2019.
His leadership resulted in strategic tie-ups with international financial institutions; successful credit enhancement; negotiation of several lines of credit from KfW, AfD, Nordic Investment Bank, World Bank; increase in loan sanctions; new and innovative financial products / schemes etc. enhancing IREDA's credibility and impact in the industry. He has also served as a Director (Technical)
in IREDA from 2007-2014.
He has also been associated with Power Finance Corporation (PFC), National Hydroelectric Power Corporation (NHPC). In addition, Popli serves as
the Honorary Secretary General of the India Energy Forum and the Chairman of the Renewables vertical within the forum. He is an Electrical Engineer from Birla Institute of Technology (Mesra), an LLB from Delhi University and holds a Post Graduate Diploma in Project Management from Punjab University.
Naqvi has more than 14 years of professional experience and has been a team member of Gensol Engineering Ltd. right from its inception. In his erstwhile role as CEO of Gensol Solar EPC (India), Gensol’s advisory portfolio grew to exceed 33,000 MW, with an EPC project base of over 600 MW and ongoing EPC projects of more than 500 MW. Under his leadership, Naqvi transformed Gensol into a turnkey solar EPC company, successfully executing over 600 MW of solar projects across India. In his new role, he will oversee growth of Gensol Engineering Limited and its subsidiaries.