verdurous

Expertise


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VERDUROUS is home to an impressive panel of highly qualified experts with diverse backgrounds and possessing rich experience in their respective areas of specialization. The experts bring with them a proven track record of financial structuring and closure and experience in successfully initiating several corporate groups into green businesses.

Complementing this domain expertise the team has benefited from intensive exposure to and an in-depth understanding of environmental markets and relevant technologies. Prescriptions are tailored to reflect the relative maturity of the capital and financial markets and legal structure in the country / region.


Dr. Srinivasan Sunderasan brings 25 years of diversified experience in Project Management, Investment Management and leadership in multi-cultural environments. He has been exposed to several industries including Financial Services, White Goods, Construction, Telecom, Energy (Fossil Fuels as well as Renewables) and Consulting. Sunderasan is a life member of the Solar Energy Society of India, a Member of the Institution of Engineers – India and a Member of the Indian Institute of Architects. He is a member of the Society of Industry Leaders, a S&P / Vista Research initiative and a member of the EIU Global Executive Forum. He has been the Dy. Country Manager-India for the US$ 30m IFC/GEF Photovoltaic Market Transformation Initiative (PVMTI), Investment Officer – India for the US$ 50m Solar Development Group (SDG) and Investment Officer – South Asia with the Triodos Renewable Energy for Development Fund (TRED Fund). He has authored over 45 research papers, many of which have been accepted for publication without comment by international peer reviewed journals. His biography has been selected for inclusion in consecutive annual editions of Marquis Who's Who since 2008. The International Biographical Center, Cambridge, UK, has featured his profile among the Outstanding Intellectuals of the 21st Century, 2009 / 2010.

Sunderasan has been awarded a Doctoral Degree in Business Economics by the University of Vienna, Austria, for his work on Mainstreaming Renewable Energy. He has also undertaken graduate course work in Economics at the University of Vienna. His first degree is in Civil Engineering, followed by a Masters' Degree in Business Administration from King Fahd University of Petroleum & Minerals, Dhahran, Saudi Arabia. He has acquired graduate qualification in Environmental Law at the National Law School of India University, Bangalore, and is working towards graduate qualification in Architecture.


Mr. Nikolaus Spieckermann holds a Masters' Degree from the London School of Economics & Political Science, in partial fulfillment of which, he has submitted a dissertation on Institutional Change and Transition (in Eastern Europe). He has undertaken coursework in Development Management and Health Economics at the London School of Hygiene. Nik also holds a Masters' Degree in the Social and Economic Sciences, specializing in SME Management, and International Economics and Development, awarded by the Vienna University of Economics & Business Administration. He has also been the EU Erasmus program grant-funded exchange student at the Institut des Études Commerciales Supérieures, Strasburg, taking courses in International Finance, Financial Engineering, Strategic and Project Management and Logistics. Nik is currently pursuing a Doctoral program in Economics at the University of Vienna, Austria.

Nikolaus is a Senior Analyst, advising € 38m technology VC Funds, as a part of which, he is involved in commercial and strategic due diligence for new investments, business strategy development for portfolio firms, and management of divestment processes. He has also been Investment Analyst with Invest Equity, a € 30m technology VC Fund, sponsored by Investkredit Bank AG. At the COBA Group, London (now PwC), he has applied both qualitative and quantitative research methods and analysis for strategy formulation, strategic and commercial due-diligence for venture capital and private equity funds, general strategic advice and turnaround situations. Further to his professional and academic interests, Nikolaus is actively involved in primary-healthcare development projects in Burkina Faso, West Africa managed through Vienna/Ouagadougou-based NGO laafi (www.laafi.at), which he co-founded in 1994.


Mr. Girish Kharel brings over 25 years of experience in the hydropower and rural electrification sectors. He started his career at mechanical engineering workshops, where he designed, built and installed equipment for small hydropower projects. For the past 15 years he has worked as an independent consultant on hydropower, specializing on microhydro site development and rural electrification. He has international consulting experience having worked in Afghanistan, Sri Lanka, Uganda and Ethiopia. As a consultant to the Small Hydropower Promotion Project he has been acive in promoting hydropower development in his home country, Nepal. More recently, he has spent close to one year in Afghanistan working in a conflict-ridden environment, helping establish and develop microhydro power projects in the war-torn country. In addition, Mr. Kharel possesses hands on experience in the capacity of an Independent Power Producer, operating a small rural microhydro based utility in a remote district of Nepal, reaching over 1500 consumers. He has also developed training material and has conducted numerous training programs in related areas. After graduating from the Holland Park School in London, he was awarded the Higher National Diploma in Mechanical Engineering from the Nottingham Trent University, Nottingham, England.


Mr. Lalith Gunaratne pioneered the model for retail marketing solar homes systems with micro financing for rural off-grid households in Sri Lanka with his company Power & Sun (Pvt.) Ltd (later Solar Power & Light Company Ltd, and subsequently sold to Shell Renewables). He developed an international consultancy business in renewable and rural energy and has worked throughout Asia and Africa. He has coordinated rural energy study tours, conducted case and feasibility studies, and lent his technical expertise to myriad renewable energy projects, including a Rural Energy Best Practices report for SARI/E. He is the founding member, convener and head of the board of the Energy Forum of Sri Lanka, an organization promoting rural electrification and efficient energy use. He serves as a Board Director of the Solar Development Foundation now called the Triodos Renewable Energy Development Fund funded by World Bank, the Dutch Government, GEF and the Rockefeller Fund. He has established a human resources development and experiential learning organization, Sage Training, in Sri Lanka in 2003, which provides training and capacity building for corporations, government and non-profit organizations in Sri Lanka and India. His current training and development projects include the public sector with People’s Bank and Sri Lanka Ports Authority. He is a Mechanical Engineering Technologist qualified in Canada, Marketer qualified in UK and holds an M.Sc. in Responsibility and Business Practice from the School of Management, University of Bath, UK. He regularly contributes features and articles on sustainable development and related topics.


Ms. Meena Nambiar is an Architect from the College of Engineering, Trivandrum, Kerala and has received a Masters’ degree in Environmental Planning from the School of Planning And Architecture, New Delhi. A Chevening Scholar at the Bradford Centre for International Development, UK, she has attended the session on Environmental Policy and Decision Making at the European Union Office, Brussels in 2003. As part of the Joint Programme by Environmental Impact Assessment Centre, University of Manchester and the University of Bradford, she did an individual research project on the environmental assessment processes in India and the UK. She has acquired graduate qualification in Environmental Law at the National Law School University of India, Bangalore.

Of the eighteen years that she has served as a professional Architect, she has spent over 10 years as an Environmental Consultant for various infrastructure and township / city planning projects in different parts of the. She possesses extensive experience in carrying out ‘Detailed Environmental’ and ‘Social Impact’ Assessments and in formulating Environmental Management Plans for infrastructure projects, especially in the Transportation sector, conforming to the guidelines issued by relevant statutory authorities viz., the Government of India, State Governments, and by institutions such as the World Bank group. She has provided assistance and guidance in the environmental clearance processes for several infrastructure and township projects undertaken by Public Sector organizations such as the NHAI, GSRDC, MMRDA, MSRDC etc.


Ms. Kamini Singh is a Registered Architect with a Masters’ Degree in Planning awarded by the prestigious School of Planning and Architecture, New Delhi, India. Her graduate thesis on the impact of random industrial development on housing in Hyderabad City analyses the consequent environmental degradation and offers recommendations on zoning policies and guidelines for integrated and sustainable development of Housing and Industry.

Ms. Singh is currently, Assistant Professor of Architecture at the reputed Jawaharlal Nehru Technological University, Hyderabad, India, and guest faculty at the National Institute of Construction Management and Research – center for excellence and premier construction management institute. She specializes in Housing and Community Planning dovetailed with Ecology and Environmental Planning. Ms. Singh has supervised several student projects on urban cluster planning, housing development, etc. She has attended a number of conferences on municipal management, e-governance and interaction with architecture and improvement of urban planning in developing countries.


Mr. Rajaram Yanamandra brings with him over 25 years of rich and diversified professional experience in Management Consulting and Financial intermediation including private equity syndication, venture capital investment, valuation and private placement of equity with strategic investors/institutions, syndication of long and short term debt from banks and financial institutions. In addition to advising corporates on diversification, mergers and acquisitions, Rajaram extends advisory services to individual and institutional clients on investments in both primary and secondary markets and manages investment portfolios in his capacity as Member of the Hyderabad Stock Exchange. He has also contributed to framing the syllabus and charter for formation of Institute of Chartered Financial Analysts of India (ICFAI), Hyderabad (subsequently, ICFAI University). Rajaram holds a Bachelors' degree in Science and is a graduate from the Indian Institute of Management, Ahmedabad.


Dr. Abraham is Associate Professor at the Department of Finance and Economics, King Fahd University of Petroleum & Minerals, Saudi Arabia. Areas of his interest include pricing issues in Investments, especially contingent contracts, fixed income security price dynamics in continuous time finance and Global linkages of markets and rates. His publications have featured in a large number of highly rated international journals and conferences. Prof. Abraham is a Mechanical Engineer from the Indian Institute of Technology, Delhi and has been awarded a Doctoral Degree in Finance by Boston University, USA.


Mr. Prasanna V. Karmarkar is an expert in Business Processes Design and Management and Information Systems, specifically web-enabling corporations via Content Management Architectures. He has had an international multi-disciplinary education - a Mechanical Engineering degree from Osmania University, Hyderabad India and a Masters' Degree in Information Systems from Griffith University, Australia. He has worked at various Fortune-500 organisations representing the Insurance, Finance, Semiconductor and Media/Publishing verticals. These include AOL Time Warner, New York Life Insurance Company, American Express, New York Life Investment Management LLC and ON Semiconductor.


Mr. Hari Haran is a senior director on the board of Verduous Solutions and brings over three decades of rich and diverse experience in the areas of Communications Technology, Team-leadership, Purchasing and General Administration across geographies and across industry sectors. He has made significant contributions to various projects undertaken by the company from time to time.


Mr. Vamshi K R Kottam holds a Masters' Degree in Financial Economics from Maastricht University, The Netherlands. He has submitted a dissertation on the impact of rising prices on consumer welfare in producer economies in partial fulfillment of his course work. He also holds a Masters' Degree in Business Administration (MBA), specializing in International Finance, awarded by Edith Cowan University, Perth Australia – off-campus program in Bangalore, India. His project on reinforcing bitumen-topped roads with shredded end-of-use tyres was presented to investment bankers by the school and was awarded the ‘A’ grade (the highest). His first degree is in Electrical Engineering from the prestigious Jawaharlal Nehru Technological University, Hyderabad, where he has worked extensively on on-site power, and more specifically, on micro-wind generators and solar PV systems.

As a Sustainability Analyst, Vamshi Krishna has been part of the Verdurous journey for over five years and has supported the lead consultant on the ADB – Energy Resource Assessment assignment in Bangladesh, and on the UNDP – Solar PV Tariff Determination work in Vietnam. He has led the team that developed a micro-Vertical-Axis Wind Turbine. He is also actively involved in the applied research projects, product commercialization, and publication undertaken at Verdurous.


Mr. Carsten Michelsen's area of expertise is in the field of renewable energy systems covering solar, wind and hydro combined with a strong background in electronics and electronic manufacturing of RE system components. Carsten's experience in renewables dates back more than 20 years while being in the electronic industry for more than 30 years.

Carsten's main focus in the field of renewable energy is photovoltaic in the form of stand-alone and grid-connected embedded generation solutions. Stand-alone solutions include • solar home systems, • school and clinic systems, • commercial AC systems and • hybrid mini-grid systems. His experience includes the conceptualisation of delivery models, establishment of management systems, engineering design, technical specifications and project management.

Through his concurrent activities as solar system component provider Carsten has contributed to increase the quality standards for solar electronic manufacturing in India with an emphasis on reducing overall system life cycle costs. These activities could be expanded to Bangladesh and Ethiopia in combination with curricular development for solar entrepreneurs at respected universities.

Carsten has presented and facilitated capacity building training programmes for beginners and advanced solar technicians. In the Federated States of Micronesia where he trained and supervised technicians in an EU funded project which involved the installation and commissioning of multi-kWpeak off-grid PV systems on remote islands. Carsten has participated in numerous feasibility studies covering a wider field including wind diesel hybrid and micro hydro systems.


Ms. Roshini Josepherson brings a decade’s worth of rich experience in Financial Management, Accounting and General Administration having been associated with both not-for-profit as well as for-profit organisations. She also has worked in diverse cultural settings, across states at home in India, and in Australia. She has also served as a volunteer with Oxfam Australia as a ‘Corporate Partnerships Financial Assistant’ relating to work-place giving.

At Verdurous Solutions, she works on project viability assessments, financial model development / validation, and on return computations and asset valuations. Her research interests include viability assessments of energy efficiency (EE) investments, cost structures of renewable energy (RE) project and program implementation, energy time-shifting and cleaner transportation solutions. She brings excellent English language communication skills and a working knowledge of the French language.

She is currently pursuing her Certified Public Accountant (CPA) program from Australia, having completed her ‘foundation’ level in the year 2012. She holds a Post Graduate Diploma in Management (PGDM) with a dual-specialisation covering Finance and Marketing. Her first degree is in Commerce. She has been on a maternity sabbatical till mid 2016 after which she commenced working with Verdurous.