Idam Infrastructure Advisory

Our goal is to be an empowered organization, the collective success of which stems from individuals having knowledge, skill, desire, and opportunity to succeed in their chosen individual spheres.

Our vision is to be the preferred consulting organization in the energy utilities sector by delivering best services to our clients.

Balawant Joshi
Managing Director

Balawant Joshi is one of the founding directors of Idam Infra. He has more than 22 years of progressive experience in energy, utilities, and infrastructure sectors in India that extends from O&M (operation and maintenance) of power systems to financial modelling and valuation, from utility operations to consulting, and from technology to regulatory aspects.

He is a well-known expert on policy/regulatory matters concerning electricity, renewable and energy efficiency industry. He has been extensively involved in the formulation and implementation of landmark National Policies relating to renewable energy such as Renewable Energy Certificate (REC) Framework for Ministry of New and Renewable Energy/Forum of Regulators (MNRE/FOR), National Solar Mission Guidelines for Phase I and II, Renewable Energy Tariff Regulations for Central Electricity Regulatory Commission (CERC), etc. , He is also involved in several key initiatives in energy efficiency area such as Institutionalizing DSM in Utility Sector and Conceptual framework for Perform, Achieve and Trade mechanism of Bureau of Energy Efficiency (BEE), National DSM Plan, etc. Currently, he is involved in conceptualization, design, development and implementation of Policy and Regulatory Framework for Rural Electrification through Micro and Mini-grids using Renewable Energy Resources”.

Balawant is a member of several committees set up by the government and industry on issues concerning development of the sector. He was a member of the sub-group on ´Grid connected Renewable Energy´ set up for preparation of 12th Five Year Plan and was also a member of the Task Force set up by CERC on issues related to integration of infirm power . He is also a member of National Renewable Energy Committee and Climate Change Business Council of Confederation of Indian Industry (CII) and of Governing Council of Indian Wind Energy Association.

Apart from government and private sector in India, he has worked as a consultant with several multilateral, bilateral organizations such as World Bank, Asian Development Bank, UNDP, GEF, REEEP, International Energy Agency, Swiss Development Agency, etc and NGOs such as Climate Works Foundation, World Resources Institute, Greenpeace, Climate Parliament and so on

Balawant regularly contributes articles on energy sector policy and regulation to journals such as Green Energy. He has also contributed a chapter in a book titled ´ Wind Power Development in India’ published by World Institute of Sustainable Energy.

Balawant holds a Bachelor’s degree in Electrical Engineering and Master’s degree in Financial Management, both from the University of Mumbai.

Ajit Pandit

Ajit Pandit is one of the founding directors of Idam Infra. He has more than 20 years of progressive experience in energy and utilities sectors in India. Mr. Ajit brings with him the regulatory perspective and is well versed with the risks and commercial arrangements associated with development, construction, and implementation of various renewable energy generation schemes, transmission, evacuation, grid connectivity, and distribution schemes.

Ajit is recognized by the industry as an expert in policy and regulatory matters concerning electricity industry, and in renewable energy sector in particular. He has assisted several utilities, renewable energy developers, and state electricity regulatory commissions in addressing regulatory issues influencing the growth of renewable energy in India. He is familiar with a range of renewable energy technologies and the regulatory and policy framework for harnessing the Renewable Energy sources

He has assisted Ministry of New and Renewable Energy (MNRE) for development of Conceptual Framework for Renewable Energy Certificate (REC) mechanism for India and also supported Central Electricity Regulatory Commission (CERC) and Forum of Regulators (FOR) for development of Procedures and framework for implementation of REC mechanism in India. He has also assisted FOR in developing uniform Renewable Energy Policy framework across States. He has also assisted CERC for development of Norms and Regulations for Renewable Energy Feed-in Tariff determination which can act as guidelines for States across India. He is working on developing regulations for promoting off-grid renewable energy projects for FOR-CERC. He has worked extensively with multilateral agencies such as World Bank, Department For International Development (DFID), Asian Development Bank (ADB) and international NGOs/Associations such as REEEP, Climate Works Foundation on issues associated with power sector reforms and clean energy development initiatives across Indian States.

Ajit was invited as member of a task force established by MNRE and CERC for grid integration of renewable energy projects and on resolving issues related to implementation of the Renewable Regulatory Fund (RRF). He was also member of the standing committee on transmission formed by the Maharashtra Electricity Regulatory Commission (MERC) to review and formulate a long-term perspective plan for transmission system plans in Maharashtra.

He has written several theme papers and discussion papers and drafted policy and regulations to create enabling policy and regulatory frameworks. He has also acted as a knowledge partner, a faculty member organized workshops, worked on documentation of case studies, renewable energy technology handbooks, proceedings, manuals, apart from project/program evaluation/implementation reports as well as organizing capacity building training programmes of various stakeholders both national as well as international in the field of renewable energy (grid and off-grid) and energy efficiency

Ajit holds a Bachelor´s degree in Electrical Engineering from the Victoria Jubilee Technical Institute (VJTI) and a Master´s degree in Management Studies, both from the University of Mumbai.

Core Team
Rajiv Shukla
Associate Director

Rajiv has more than 15 years of progressive experience in the field of energy efficiency, demand-side management, renewable energy and climate change. His experience covers technical, regulatory and policy aspects of energy efficiency and DSM.

He has carried out more than hundred detailed energy audits in industrial, commercial, and municipal sectors. He has assisted two distribution utilities in India in design and development of DSM programmes. He was actively involved in the development of regulatory framework for institutionalizing DSM in utility sector in India. He also assisted Indian Experts on Task XV (network-driven DSM) and Task XVIII (DSM and climate change) of the International Energy Agency’s DSM programme. He assisted a private-sector distribution utility in the design, development, and implementation of India’s first demand response programme. In addition to government and private sector clients in India, he has also worked as a consultant with several multilateral and bilateral organizations such as the British High Commission, UNDP, International Energy Agency, and GEF etc.

Mr. Rajiv holds a Bachelor’s degree in Chemical Engineering from Gujarat University. He is a Certified Energy Auditor and Accredited Energy Auditor from Bureau of Energy Efficiency, Ministry of Power, Government of India. He is also a Certified Measurement and Verification Professional.

Reena Kori
General Manager

Reena has over 17 years of professional experience in power transmission projects (EHV/HT/LT) execution, regulatory and policy advocacy, contract management, project management and monitoring.

Her professional experience domain involves strategic planning, business development, regulatory and policy advocacy, pre-developmental approval processes, financer and lender’s engineer co-ordination, engineering, contract management, project management and monitoring, procurement co-ordination, cash flow management, vendor payment management, statutory approvals co-ordination, pre and post commissioning processes management, operation and maintenance for conventional and solar power projects evacuation system. She also has expertise in Case 1/Case 2 bidding support for thermal power projects, seeking long term/short term open access at central and state levels, transaction advisory on Tariff Based Bidding Guidelines & PPP framework.

Reena holds a Bachelor’s degree in Civil Engineer from the Government College of Engineering, Pune. She also holds M. Tech in Water Resources and MBA in Technology Management, both from the Indian Institute of Technology (IIT) Delhi and Mumbai respectively to her credit.

Anant Sant
Assistant General Manager

Anant has over 25 years of extensive experience in the government sector specific to hydro power generation, renewable energy, regulatory insights and energy management. His expertise includes drafting of Regulations for Electricity Regulatory Commissions and framing policy documents for government related to hydro power sector.

He has assisted MERC in scrutiny of petitions, drafting of orders related to renewable energy, thermal and hydro generation, and proposals of DSM activities, drafting of MERC – Net Metering for Solar Rooftop Photo Voltaic Systems Regulations, 2015 and Renewable Energy Tariff Regulations, 2015.

He was also involved in the World Bank funded e-governance project of WRD, framing of government policy for the development of SHPs (up to 25 MW) through privatization. He also has expertise in working on large hydro projects such as Koyna HEP, Ghatghar pumped hydro project, erection, testing, commissioning and O&M of small HEPs.

Anant holds a Bachelor’s degree in Electrical Engineering and M. Tech in Energy from Pune University. He is a Certified Energy Auditor from Bureau of Energy Efficiency, Ministry of Power, Government of India.

Lalit Chaturvedi
Assistant General Manager

Lalit has an overall experience of more than 15 years including around 7.5 years of extensive experience in power sector advisory in the fields of policy and regulatory, renewable energy and distribution. He also has expertise in the areas of generation and distribution business development.

He was a part of the core BD team, which succeeded in the competitive bid of Gaya (Bihar) input based distribution franchisee. Lalit has extensively supported various State Electricity Regulatory Commissions and Central and State Utilities (Generation, Transmission and Distribution) in variety of regulatory matters. He also has close to six years of experience in F&A, MIS, audit and secretarial domain.

Lalit holds a Bachelor degree of Commerce (Hons.) from Delhi University. He is also Company Secretary from the Institute of Company Secretaries of India.

Krishnajith M.U.
Assistant General Manager

Krishnajith has more than 8 years of experience including a brief stint in the transmission section of Kerala State Electricity Board. Krishnajith specializes in regulatory consulting in the energy sector, particularly in regulatory analysis, formulation of regulations, tariff approval, open access, grid connectivity, and transmission pricing.

He has played a major role in assignments related to renewable energy tariff determination, formulation of renewable purchase obligation framework, and conceptualization and formulation of the REC framework. He has worked closely on many of the key cases dealt with by MERC. He was associated with the formulation of MERC (MYT) Regulations, 2011; MERC (Renewable Energy Tariff) Regulations, 2010; and MERC (RPO) Regulations, 2010.He is thoroughly familiar with various other state electricity regulatory commissions and the Central Electricity Regulatory Commission and has provided consulting support to these commissions. Apart from the regulatory sector, Krishnajith has also assisted several corporate clients and multilateral funding agencies on various energy sector assignments in India

Krishnajith holds a Bachelor’s degree in Electrical Engineering from Mahatma Gandhi University, Kottayam (Kerala) and a Master’s degree in Power Management from the National Power Training Institute, Faridabad (the Ministry of Power, Government of India).

Sonia Shukla
Senior Manager

Sonia has more than 8 years of experience in renewable energy, electric vehicles, energy efficiency, and clean development mechanism (CDM). She has conducted techno-economic and commercial assessment of electric vehicles and was instrumental in the development of first-ever regulatory framework for electric vehicles in India.

She has expertise in developing innovative energy improvement and optimization program for utilities, conducting project appraisals for renewable energy projects. She has assisted State Electricity Regulatory Commission (SERC) in regulatory submission and preparation of orders and created and delivered capacity building and training programs for regulators and utilities on DSM, cost benefit analysis and demand response. She also assisted various private sector and public sector clients for developing renewable energy projects under CDM and has several project registrations to her credit.

Sonia holds a Bachelor’s degree in Life Sciences from University of Delhi and Master’s degree in Environmental Studies from TERI University.