DV Satya Kumar

Founder and Managing Director of Shri Shakti Alternative Energy Ltd

Satya Kumar has a track of more than 30 years of work experience; 17 years devoted to project management of Solar Power and Clean Energy. Satya is the Founder and Managing Director of Shri Shakti Alternative Energy Ltd, a clean energy consulting and solutions company, incubated by International Finance Corporation (IFC), Washington, under the Photovoltaic Market Transformation Initiative (PVMTI). He handled various consultancy projects for UNIDO, UNICEF, ADB and The World Bank. His wide-range of expertise in Solar Power Plant projects include its full-scale implementation, project development, financial closure, assessment studies and reports, determination of tariff for solar power plants, policy analysis and feasibility reports, among others.

His Solar project management experience includes both small and large scale Solar PV Power Plants / Solar Parks. One of his ventures is the project development, financial closure and implementation of a 100MW Solar Park in Rajasthan, India. Satya has recently won a grant award for remote monitoring of solar pumps in India from PACEsetter Fund, a joint initiative of India’s MNRE and US State Department to provide seed capital for breakthrough ideas, products and business models in off-grid solar.

Apart from his Mechanical Engineering degree, Satya obtained a Master of Science in Industrial and Management Engineering from the University of Iowa in USA. He was also a CheveningGurukul Scholar at the prestigious London School of Economics. His experience spans across various countries such as India, USA, UK, Bangladesh, Mauritius, Sri Lanka, China, Kenya, Ethiopia, Uganda and Tanzania.

Satya is associated with Lakshya Foundation as an Advisor and was instrumental in endowing scholarships for meritorius but poor students at his alma mater, NIT, Warangal. Satya has been mentoring Lakshya Foundation in developing an Innovation Garage and Technology Business Incubator at his alma mater.