KS Popli has been recently appointed as the new chairman and managing director of Indian Renewable Energy Development Agency (IREDA). IREDA is a public limited government company established in 1987, under the administrative control of Ministry of New and Renewable Energy (MNRE) to promote, develop and extend financial assistance for renewable energy and energy efficiency/conservation projects with the motto “energy for ever”. An electrical engineer from Birla Institute of Technology, Mesra, Popli, also has in his credit a degree in law from the university of Delhi.
He brings along with him a wealth of experience as he has worked for more than 32 years in the power sector. He was associated with the National Hydel Power Corporatioin (NHPC) for 11 years, with Power Finance Corporation for 14 years and with IREDA for the past six years as director (technical).
Popli has played a pivotal role in the field of project financing, both conventional power as well as the renewable technology. He has also played a commendable role in formulating innovative financial instruments, which would suit the evolving needs of the renewable energy sector.