Kalpa Power, one of India’s energy management companies, announces the appointment of Pankaj Aggarwal as Chief Financial Officer. With over 23 years of experience, Pankaj will oversee the company’s Finance, Compliance, and Corporate Strategy functions.
Pankaj joins Kalpa Power as the company accelerates its mission to reach 5 GW of installed solar capacity by 2030. His experience will support strengthening financial governance, optimising capital allocation, driving international expansion, and supporting the company’s growth trajectory.
Prior to joining Kalpa Power, Pankaj served as Senior Vice President of Finance at Kalpataru Projects International, where he contributed to financial governance and scalable growth. His career includes a 15-year tenure at STL (Sterlite Technologies), handling roles in the power and telecom business lines, and serving as CFO – Global Services, managing businesses in India and the UK. He began his career at Atul, a chemicals company.
Rounak Muthiyan, Founder & Director, Kalpa Power, said, “We are thrilled to welcome Pankaj to the leadership team. As Kalpa Power enters its next phase of exponential growth, his deep expertise in managing large-scale global financial operations and his track record in corporate governance will be invaluable. Pankaj’s appointment comes at a time when Kalpa is moving from a high-growth player to a major energy institution.”
Pankaj Aggarwal, Chief Financial Officer, Kalpa Power, said, “I’m excited to join Kalpa Power at a time when the Indian energy sector is at a historic tipping point. I’ve long admired the company’s track record of delivering high-impact solar projects. I look forward to working closely with Rounak and the leadership team to build a robust financial roadmap that supports our 2030 goals and delivers long-term value to stakeholders.”
