Mumbai – In this role, Deepak will oversee the Renewable Businesses, comprising Mahindra Solarize and Mahindra TEQO apart from Mahindra Susten. He will be reporting to Dr. Anish Shah, Managing Director and CEO, Mahindra Group.
Mahindra Susten, part of the Mahindra Group and a leading renewable player in the Indian energy sector, today announced the appointment of Deepak Thakur as the new Managing Director and CEO, effective immediately. In this role, Deepak will oversee the Renewable businesses, comprising Mahindra Solarize & Mahindra TEQO apart from Mahindra Susten. He will be reporting to Dr. Anish Shah, Managing Director & CEO, Mahindra Group.
Speaking about the announcement, Dr. Anish Shah, Managing Director and CEO, Mahindra Group, said, “Sustainability and climate action are very important for us at the Mahindra Group, and we are committed to playing a leadership role in the fight against climate change. Our renewable business is an essential lever to lead ESG globally as climate action becomes even more critical for the world. I am confident that Deepak, with his strong business acumen and foresight, will take this business to newer heights and contribute towards the Group’s commitment of ESG and climate positivity.”
Prior to Mahindra, Deepak was Leader-Renewables & Energy Storage (Executive Vice President) at the Reliance Group. He was part of the core group for building the strategic plan for the New Energy vertical and actively involved in M&A transactions in this domain. He has also worked in organisations like L&T, Sterling & Wilson, Honeywell and Thermax.
During his professional career of over three decades, he has been instrumental in formulating strategy for various global Merger & Acquisition options and concluded JVs with Technology Partners. He has ably led the strategy stream for Business Transformation and achieved multi-fold business growth in his previous roles. He has conceived and successfully implemented many ideas in the solar energy space.