Page 32 - Apraava Energy Report_01-73

32 Energy in action

Apraava Energy 's Board of Directors and each of its
subsidiaries have adopted the Company Management Members of IEX Committee as on March 31, 2021
Authority Manual (CMAM) for Apraava Energy 's operations
and management, as well as to document certain activities Rajiv Ranjan Mishra, Managing Director
that are subject to specific requirements. The CMAM also Naveen Munjal, Director – Business Development and
includes delegation of powers and authority to the Managing Commercial (Conventional)
Director (MD) and the Apraava Energy Executive Committee Mahesh Makhija, Director – Business Development and
(IEX), among others. Commercial (Renewables)
Malcolm Wrigley, Chief Operating Officer
The IEX, which provides oversight on all matters affecting the
Company, is comprised of all business heads and functional Samir Ashta, Director – Finance & Chief Financial Officer
heads and is responsible for the day-to-day management of Gopinath Govindan, Director – Human Resources
Apraava Energy 's affairs under direct supervision and
guidance from the MD. The IEX meets as often as needed and, Sudipta Ghosh, General Counsel
on most occasions, on a weekly basis.

Rajiv Ranjan Mishra, Managing Director
Over the last two decades we have built a financially resilient business by providing customers with reliable, high-quality
energy, while all our stakeholders have benefitted from our world-class governance and operating standards. As we
embark on a new chapter in our growth story, Apraava Energy remains committed as ever to our country and our
stakeholders. Apraava Energy will support India’s ambitions of providing clean and sustainable energy to all in the
development of a low-carbon nation. In the next five years, we want to be a leader in renewable power generation and
achieve significant success in our transmission and distribution businesses. Our principles and values and the culture that
we have nurtured since our inception will continue to be at the core of everything we do for our stakeholders. We are
focused on building a sustainable power company that epitomises Energy in action.

Naveen Munjal, Director - Business Development & Commercial (Conventional)

We have, over the past two decades, evloved from a single asset business into a vibrant organisation with a sizeable
presence across renewable and thermal energy, with a successful entry into power transmission. Today, to contribute to
sustainable development in the face of severe climate challenges, we strive to continue the evolution albeit at a much
faster pace with a business strategy of investing in low carbon growth areas. As Apraava Energy, we are eager to play a
key role in building our nation, not just as a business but equally as a responsible corporate citizen. Our commitment to
India at large remains at the forefront of all our efforts and we look forward to your continued support and collaboration
in continuing to scale newer heights.

Our principles and values and the culture that we have nurtured

since our inception will continue to be at the core of everything we

do for our stakeholders. We are focused on building a sustainable

power company that epitomises Energy in action.