Vaibhav Karade
Bengaluru
Summary
Senior Vice President and Head of Projects at Ayana with 27 years of professional experience, specializing in renewable energy project development and management. Demonstrated success in executing large-scale industrial projects, particularly in multi-megawatt wind and solar energy portfolios. Proficient in planning, contracting, execution, and commissioning of renewable energy projects across India, driving sustainable growth and enhancing EBITDA, IRR performance. Strong capabilities in budget management, stakeholder engagement, and cross-functional collaboration to meet organizational objectives.
Overview
29
29
years of professional experience
1
1
Certification
Work History
Sr. Vice President and Head of Pojects
Ayana Renewable Power Pvt. Ltd.
Bengaluru
04.2023 - Current
- Spearhead project development and execution by delivering on time and within budget, while maximising operational efficiencies.
- Lead the land acquisition for the Wind and Solar projects, and pipeline projects. Ensure the land legal compliance till securitisation.
- Drive project success by implementing rigorous quality assurance and statutory compliance measures. Foster stakeholder relationships and develop strategic plans to align organisational goals and mission.
- Managed high-value projects within cost, quality and timeframe targets through professional team coordination.
- Manage the enterprise and project-specific risk, and look for the opportunity to enhance the IRR.
- MIS preparation and periodic reporting to ‘Project Investment Committee’, Company Board and Audit Committee on project portfolio.
- Cultivate a culture of innovation and collaboration, driving strategic transformation across diverse project portfolios.
- Developed high-performing teams to consistently exceed goals, drive revenue and expand markets.
- Coordinated with HR to implement talent acquisition and retention strategies.
- Kept the organisation in compliance with regulations, approvals, and internal requirements.
- Roll out the contracting and execution strategies along with contract and commercial team. Key member in vendor selection, contract negotiations.
Associate Vice President and Project Head
Adani Green Energy Ltd
Ahmedabad
09.2021 - 03.2023
- Managed the Large-scale EPC Wind Projects executions and commissioning of the projects across the India.
- Accountable for the team building, timely completion of project, Cross-functional coordination, Risk management and Project cost management.
General Manager and Head Wind Projects
SB Energy Pvt. Ltd.
Delhi
07.2019 - 08.2021
- Led the Wind Organisation to build the Wind Portfolio for the company and pipelines.
- Led the 325 MW Wind Project at MP under SECI-VI tender from Concept to Commission.
General Manager - Project Management
Senvion Wind Technology (I) Pvt. Ltd
Mumbai
05.2018 - 07.2019
- Managed the Large-scale Turnkey Projects contracts along with successful and timely completion, commissioning of the projects.
- Accountable for the estimation, Budgeting, P&L of the project. Cross-functional coordination, Risk management.
General Manager - Operation
KSHEMA Power & Infrastructure Pvt. Ltd
Chennai
08.2016 - 05.2018
- Led project organization and was responsible for the pan India operation of the Wind Farm and Solar developmental and infrastructure project.
- Managed estimation, Budgeting, P&L of the operation, and support in pipeline development.
Regional Head - Project Management
SunEdison Solar (I) Limited
Chennai
08.2014 - 08.2016
- Met the quarterly and yearly business targets in terms of MW building; commissioning.
- Enhanced the process by managing the EPC contracts, Lender's requirements, Cash management including drawdown and disbursement and responsible for Profit & Loss of project and manage the bottom-line of project.
Sr. Manager - Projects
Vestas Wind Technology (I) Pvt Ltd
Chennai
02.2008 - 08.2014
- Administered delivery of critical projects by providing managerial support to projects in India and NSEA (North South East Asia).
- Rendered support to the team in sales during the pre-contract stage by evaluating tenders, site evaluation and feasibility check, opportunities & scope as well as preparing the schedule, defining project costs, and registering risk.
- Handled projects on turnkey basis, accountable for the timely completion & P&L of the projects, cash-in. (cumulative around 700MW of projects lead and handled).
- Spearheaded successful 'operational launch' of the new platform / product (V-100) in India.
- (Wind Energy)
Project Manager
Praxair India Pvt Ltd
Bangalore
12.2003 - 12.2006
- (Air Separation plant and Hydrogen plant Construction)
Lead Engineer
Offshore Hook-Up & Construction Services Pvt Ltd
Mumbai
06.2002 - 12.2003
- (Piping & Structure)
Piping Engineer
Das Offshore Engineering Private Limited
Mumbai
01.2001 - 06.2002
Sr. Engineer
Kirloskar Oil Engines Limited
Nasik
04.1997 - 12.2000
- (Project Planning & Execution)
Education
Bachelor of Engineering - Mechanical Engineering
Shivaji University
Kolhapur, IN-MH01-1996
Skills
- Thought leadership
- Land acquisition
- Project management
- Contract management
- Financial management
- Statutory compliance
- Strategic planning
- Operations management
- Risk management
- Business operations
- Stakeholder management
- Team building and motivation
- Business roadmap development
- Mentoring and coaching
- Strategic transformation
- Relationship building
- Training and knowledge development
- Business innovation
Certification
- PMP Certification, Project Management Institute, Pennsylvania, Pennsylvania, 2007-01-01
- ISB Strategic Finance Professional, 2021-01-01
Languages
English
Hindi
Marathi
Hobbies and interests
- Traveling and driving.
- Listening to spiritual content
- Keeping upwith current and Economic affair
Accomplishments
- Guest speaker in many Renewable conferences.
- EQ Top Technodrats 2024.
- PMP Certification
- Lead 1.8 GW Underconstruction projects and achieved 1.2 GW of SCOD for FY25-26 highest achievemnt of company.
Timeline
Sr. Vice President and Head of Pojects
Ayana Renewable Power Pvt. Ltd.
04.2023 - Current
Associate Vice President and Project Head
Adani Green Energy Ltd
09.2021 - 03.2023
General Manager and Head Wind Projects
SB Energy Pvt. Ltd.
07.2019 - 08.2021
General Manager - Project Management
Senvion Wind Technology (I) Pvt. Ltd
05.2018 - 07.2019
General Manager - Operation
KSHEMA Power & Infrastructure Pvt. Ltd
08.2016 - 05.2018
Regional Head - Project Management
SunEdison Solar (I) Limited
08.2014 - 08.2016
Sr. Manager - Projects
Vestas Wind Technology (I) Pvt Ltd
02.2008 - 08.2014
Project Manager
Praxair India Pvt Ltd
12.2003 - 12.2006
Lead Engineer
Offshore Hook-Up & Construction Services Pvt Ltd
06.2002 - 12.2003
Piping Engineer
Das Offshore Engineering Private Limited
01.2001 - 06.2002
Sr. Engineer
Kirloskar Oil Engines Limited
04.1997 - 12.2000
Bachelor of Engineering - Mechanical Engineering
Shivaji University