Balawant is the founder and Managing Director of Idam Infra and has over 25 years of experience in energy, utilities and infrastructure sectors in India that extends from O&M 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 B.E. in Electrical and MBA in Financial Management, both from the Victoria Jubilee Technical Institute (VJTI), University of Mumbai.
Ajit is the Chief Executive Officer and founder of Idam Infra. He has over 23 years of professional experience in energy and utilities sectors. Ajit brings with him 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 B.E. in Electrical and MMS in Management, both from the Victoria Jubilee Technical Institute (VJTI), University of Mumbai.