Our Leadership

Board of Directors

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Mr. Khurshed Daruvala

Chairman Non-Executive Director Non-Independent Director

Khurshed Daruvala is the Chairman of Sterling & Wilson Group, a diversified enterprise with key business verticals focusing on solar renewable energy, turnkey data centre, power backup solutions, Industrial EPC, MEP and T&D.

Mr. Daruvala holds a Bachelor’s degree in Commerce from the University of Mumbai and is an Associate Member of the Institute of Chartered Accountants of India (ICAI). With nearly three decades of experience within the Sterling & Wilson Group, he has played a pivotal role in shaping the company’s strategic direction and global expansion. He has been serving on the Board of Sterling and Wilson Renewable Energy Limited since April 25, 2018.

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Mr. Balanadu Narayan

Non-Executive Director Non-Independent Director

Balanadu Narayan has done Master’s in Chemical Engineering from IIT-Madras. He has a rich and varied work experience of nearly 5 decades, out of which over 4 decades are with Reliance Group. He is well recognised as an industry stalwart in his domain. His experience spans project management and procurement of process technologies, engineering services and capital equipment. He was closely involved with the implementation of polyester, petrochemicals, elastomers and refinery projects of Reliance Industries Limited at Patalganga, Silvassa, Hazira and Jamnagar.

In his current role as the Group President—Procurement & Projects, he is leading a team of procurement professionals in cost optimisation, new initiatives in manufacturing and implementation of digital solutions for procurement and contracting functions. He has been on the Board of Sterling and Wilson Renewable Energy Limited since April 07, 2022.

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Mr. Umesh Khanna

Non-Executive Director Non-Independent Director

Umesh Khanna is the Group Head—Coordination at Shapoorji Pallonji and Company Private Limited. With over four decades of experience, Umesh began his career with BHEL rising to the role of Regional Head— Southeast Asia & AGM—International operations based out of Jakarta, Indonesia.

He worked on deputation from BHEL in the Ministry of Heavy Industry, GoI. Prior to joining Shapoorji Pallonji, he was CEO, Director on Board at Bharat Forge, NTPC Energy Systems Limited. He completed his M. Tech in Systems Engineering from IIT-Roorkee, formerly known as University of Roorkee, post which he did his MBA from the University of Hull, United Kingdom.

Currently, he facilitates forging synergies across group companies, bringing valuable insights on technology, business and market expansion, commercial and contracts management and strategic alliances. He has been on the Board of Sterling and Wilson Renewable Energy Limited since July 13, 2023.

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Mr. Saurabh Agarwal

Non-Executive Director Non-Independent Director

Saurabh Agarwal has done his Bachelor’s in Mechanical Engineering from IIT-Roorkee. He has a rich and varied work experience of nearly 31 years with Reliance Group. His experience spans various senior positions in fibres, petrochemicals, refining and marketing, new energy (Renewables, Green Chemicals and Green Fuels), exploration and production businesses of Reliance. He has been on the Board of Sterling and Wilson Renewable Energy Limited since April 07, 2022.

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Ms. Rukhshana Mistry

Non-Executive Director Independent Director

Rukhshana Mistry is a practising Chartered Accountant with over 33 years of experience. She has been a member of the Board of Sterling and Wilson Renewable Energy Limited since March 27, 2019.

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Ms. Naina Krishna Murthy

Non-Executive Director Independent Director

Naina Krishna Murthy is a seasoned corporate lawyer and the Founding Partner of K Law, a leading full-service law firm in India. She began her career with Arthur Anderson and later served as in-house counsel at Biocon.

With over 29 years of experience, Ms. Murthy specialises in corporate commercial law, focusing on mergers and acquisitions, joint ventures, collaborations and private equity and venture capital investments. She is a trusted legal advisor who represents eminent clients, both Indian and international, in their operations within India and globally. She serves on the board of Sustainable Energy Infra Investment Managers Pvt. Ltd., Investment Manager to Sustainable Energy Infra Trust (SEIT IM).

She also holds board directorships as an independent director in various companies, including Den Networks Limited, IndoStar Capital Finance Limited, Hathway and Page Industries. She has been a Board member of Sterling and Wilson Renewable Energy Limited since April 07, 2022.

She serves as Vice Chair (Membership) for the South Asia/Oceania & India Committee at the American Bar Association (ABA).

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Mr. Cherag Balsara

Non-Executive Director Independent Director

Cherag Balsara completed his Bachelor of Commerce from the Sydenham College of Commerce and Economics in 1989. Thereafter, he completed Bachelor of Laws in 1992 and enrolled at the Bar in 1992. He also completed his Master’s in Law in 1994. He is practicing as a Counsel specialising in civil litigation, mainly in the Bombay High Court, Supreme Court and the National Company Law Tribunal

During his career spanning 33 years, he has litigated a large number of commercial and corporate disputes, handled several commercial arbitration matters and numerous redevelopment projects in the city of Mumbai. He has been on the Board of Sterling and Wilson Renewable Energy Limited since March 29, 2022.

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Mr. Rahul Dutt

Non-Executive Director Independent Director

Rahul Dutt is a Partner in the M&A and Private Equity Practice Group in Khaitan & Company (Mumbai Office). He specialises in mergers & acquisitions, joint ventures, franchising, technology licensing, infrastructure and commercial contracts across sectors including retail, refining, petrochemicals, telecommunications, security solutions and general corporate law advisory.

He has also worked for a year (2024-2025) for a law firm in Almaty, Kazakhstan. He has been on the board of Sterling and Wilson Renewable Energy Limited since March 26, 2024.