Mr. B. Venkateswara Rao was working as Senior Advisor with M/s Indian Renewable Energy Development Agency Ltd. (IREDA), a Government of India Enterprise from April Oct 2017 after superannuating on 28th February, 2017 from IREDA as Director (Technical).
Mr. B. Venkateswara Rao has worked as Director (Tech) with Indian Renewable Energy Development Agency Ltd. (IREDA) and was handling different portfolios for the last 23 years at IREDA. IREDA is primarily a Non-Banking Financial Company and the only dedicated financial institution for financing and promoting Renewable Energy and Energy Efficiency and Conservation Projects in the country.
As Director (Technical) was responsible for achieving MOU Targets set with regard to Loan Sanctions, Disbursement, Gross Margin, Gross Sales, NPAs, Recovery from NPAs, Corporate Social Responsibility, Sustainable Development, Research and Development etc. Also responsible for project appraisal, financing, policy formulation, planning and monitoring of Renewable Energy Projects of Wind, Small Hydro, Medium and Large Hydro, Biomass, Cogeneration, Solar Energy, Biogas, Waste to Energy and Energy Efficiency Projects etc.
He served as a Senior Consultant in A.P. Industrial and Technical Consultancy Organization (APITCO), Hyderabad for 6 years providing project consultancy in RE & EEC sectors prior to joining IREDA. Earlier he was with M/s Best & Crompton Engineering Pvt. Ltd., Chennai (for nearly 6 years) involved in research and development, manufacturing and business promotion of Solar Energy products. He also worked with M/s Tata Electric Company, Mumbai in the initial years of his career in the Thermal Power Station in the Operation & Maintenance Department (1 year).
He is a Mechanical-Marine Engineering Graduate from Andhra University Engineering College, Vishakhapatnam and obtained Post graduation in Mechanical Engineering from IIT, Mumbai and MBA from Institute of Public Enterprise, Osmania University, Hyderabad.
He was working in the renewable energy field for the last 35 years covering various activities including manufacturing of RE Systems/Products, project execution, project consultancy, project financing, policy planning etc. at different capacities in reputed Industries/Institutions.