About Us

RattanIndia Power Limited

RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India with investments of Rs. 18,615 crores (US $2.5 Billion). The power plants are spread over an area of 2,400 acres. The company counts marquee funds like Goldman Sachs and VardePartners, USA as investors in the business. The Group has created a world class power generation assets with its deep focus on execution using best in class equipment and technology.

Key Highlights

  • Total Investment of Rs. 18,615 Crores
    ($ 2.5 Billion)
  • Built 2,700 MW Power Plants
  • Spread over 2,400 acres
  • Installed capacity to produce 23.6 billion units of electricity annually
  • 35 Kms of Railway lines
  • 63 Kms of water pipelines

Our vision, mission and values are at the core of our existence. We believe that strong commitment to our values will guide us to achieve our mission and help us translate our vision into reality.

Vision

To be a best-in-class organization responsible for delivering sustainable value to all its stakeholders and contributing to a strong and prosperous New India.

Mission

To be at the forefront of India’s energy needs by providing reliable and efficient power solutions to fulfil the aspirations of consumers and businesses.

Values

At RattanIndia Power Limited, we believe that our dedicated professionals are our most valuable assets. The drive, passion, innovative thinking and commitment of our people is the key to our success. We constantly strive to create a system which fosters life long learning, nurtures talent and motivate our people to strive for the best. Our leadership team is true role model for our people for their deep commitment to company’s growth and success.

Management Team

Himanshu Mathur

Mr. Himanshu Mathur,
Whole-time Director

Mr. Himanshu Mathur is a 1988 batch Mining Engineering graduate from MBM Engineering College, Jodhpur Rajasthan with around 34 years of diversified experience in a range of fields from Mining to Power. Post graduation, his initial years, were spent in Hindustan Copper Ltd (A Government of India Enterprise) in the field of material handling and mining at middle level managerial position. Subsequently Mr. Mathur worked for nearly twelve years in Siemens –AG since 1998, as Project Manager in the field of Design & Engineering of thermal and combined cycle power plants and Renovation & Modernization of coal-based power plants in India and abroad. He has been with RattanIndia Power Limited since the year 2010 and has worked in different capacities. Presently he is an Executive Director of the Company designated as President. Before being appointed as President , he headed Design & Engineering, Project execution and O&M groups of the Company.

Mr. Manish Ratnakar Chitnis
Chief Finance Officer, RattanIndia Power Ltd

Mr. Manish Chitnis is a Chartered Accountant having vide experience three decades in heading the fund-raising initiative for Power Sector, Credit rating, Risk Budgeting, MIS functions and Strategy planning activities. Prior to joining RattanIndia he was associated with some well-known groups including L&T, Capital First Market, Fullerton India Credit Company Limited, Community Finance Private Limited and India Power.

Mr. Baliram Ratna Jadhav
Station Head, Amravati Power Plant

Mr. Baliram Ratna Jadhav had acquired B. E. (Production) from Mumbai University and holds PGDC in Power from NPTI, Nagpur. He is a strategic professional having more than 30 years of enriched and extensive experience in the field of Thermal Power Plant, commissioning, operation & maintenance, planning of commissioning and O&M stage activities, particularly in sub-critical and supercritical power plants of 250 MW, 270 MW, 300 MW and 660 MW unit capacities. In his previous stints he was associated with Reliance Power Limited for a period of 28 years - Dahanu Thermal Power Station & VIPL- Butibori Nagpur, and more than 2 years with other thermal power plants like SKS Power Generation and NTPC-GE Power Service. He had extended his expertise towards commissioning and operation of BHEL and SEC Machines and had developed excellent operation process for plant performance improvement and various cost saving initiatives across the entire domain of Power Plant. He has been associated with the Company since December 2022 and presently heading the thermal power station of the Amravati Plant of the Company.

Board of Directors

Mr. Rajiv Rattan

Mr. Rajiv Rattan is the Executive Chairman of RattanIndia Power Limited. An alumnus of IIT Delhi, Rajiv started his professional career with Schlumberger, one of the largest oilfield services company in the world.

A first generation entrepreneur, he co-founded Indiabulls Group in 2000 as India’s first online stock trading brokerage which went on to become a large business conglomerate with businesses in Consumer Finance (2nd largest mortgage lender in India), Securities (largest stock brokerage in India), Real Estate and Power Generation with a combined networth of more than $ 5 billion.

The businesses were restructured and Power and Infrastructure business was rechristened RattanIndia Group under the Chairmanship of Sh. Rajiv Rattan. RattanIndia Power Limited currently has businesses in Power Generation with an installed capacity of 1350 MW at its thermal power project in Amravati, Maharashtra.

Mr. Himanshu Mathur

Mr. Himanshu Mathur, is a 1988 batch Mining Engineering graduate from MBM Engineering College, Jodhpur Rajasthan with around 34 years of diversified experience in a range of fields from Mining to Power. Post graduation, his initial years, were spent in Hindustan Copper Ltd (A Government of India Enterprise) in the field of material handling and mining at middle level managerial position. Subsequently Mr. Mathur worked for nearly twelve years in Siemens –AG since 1998, as Project Manager in the field of Design & Engineering of thermal and combined cycle power plants and Renovation & Modernization of coal-based power plants in India and abroad. He has been with RattanIndia Power Limited since the year 2010 and has worked in different capacities. Presently he is an Executive Director of the Company designated as President. Before being appointed as President , he headed Design & Engineering, Project execution and O&M groups of the Company.

Mrs. Pritika Poonia

Mrs. Pritika Poonia aged 39 years is serving as director of Steadfast Metal Products Private Limited and designated partner at Handover Greenbox LLP. Mrs. Pritika Poonia studied Electronics and Communication Engineering at Punjab university. In addition to that, she has completed her PGDM ebiz from Welingkar Institute of Management and Research. She has an extensive experience in engineering and management sector.

She held the position as founding member of Mitra, a voluntary humanitarian organization (PEC, Chandigarh). She also held the position as member of Red Cross and Junior Coordinator (North India), Indian Microelectronics Society.

Mr. Narayanasany Jeevagan

Mr. Narayanasany Jeevagan joined Canara Bank in September 1970 as a probationary officer and superannuated from there as a General Manager. During his 40 years of service in the Bank, he held various positions, including as in-charge of bank’s different regions/ Circle offices, where due to his motivational skills he ensured achievement of business targets by the branches, with active participation of all staff members. Being well versed in credit and risk Management, he headed bank’s Corporate Services Branch at Chennai, handling high value accounts. He was also posted as Managing Director of Canara Bank Venture Capital Ltd. He was deputed to United Bank of India for three years as GM-Vigilance after selection by Ministry of Finance.

Mr. Sharad Behal

Mr. Sharad Behal started his career journey as a Field Engineer with Schlumberger in the Year 1994 where he has had a fairly long stint spanning over several years, in diverse areas holding several high level key management positions including that of the Vice President Wire line Segment for Middle East & Asia and Vice President for Schlumberger Oil field Services for East Asia. Since 2011 he has been Global HR Manager for Completion Segment at Schlumberger.

Mr. Sanjiv Chhikara

Mr. Sanjiv Chhikara started his carrier with the Customs Department at Mumbai where he put in 20 years and was handling several facets of works of the customs department such as clearance of import and export cargo, adjudication of cases, project imports, Duty Exemption Scheme, Export Oriented units, Investigations and intelligence CESAT and settlement commission etc. In the year 2011 he took a voluntary retirement and is currently involved with high tech farming project with use of poly house technology near Delhi.

Mr. Baliram Ratna Jadhav

Mr. Baliram Ratna Jadhav had acquired B. E. (Production) from Mumbai University and holds PGDC in Power from NPTI, Nagpur. He is a strategic professional having more than 30 years of enriched and extensive experience in the field of Thermal Power Plant, commissioning, operation & maintenance, planning of commissioning and O&M stage activities, particularly in sub-critical and supercritical power plants of 250 MW, 270 MW, 300 MW and 660 MW unit capacities. In his previous stints he was associated with Reliance Power Limited for a period of 28 years - Dahanu Thermal Power Station & VIPL- Butibori Nagpur, and more than 2 years with other thermal power plants like SKS Power Generation and NTPC-GE Power Service. He had extended his expertise towards commissioning and operation of BHEL and SEC Machines and had developed excellent operation process for plant performance improvement and various cost saving initiatives across the entire domain of Power Plant. He has been associated with the Company since December 2022 and presently heading the thermal power station of the Amravati Plant of the Company.

Mr. Ajay Kumar Tandon

Mr. Ajay Kumar Tandon is a B. Tech. (Mechanical) from Delhi College of Engineering and has more than three decades of extensive experience in the field of Engineering, Project Management & Planning and Site execution. He has experience in Industrial sector having worked in top organizations in Power sector, Renewables and Manufacturing sector in India. In his earlier stints, Mr. Tandon has held responsible positions in BHEL, Punj Lloyd, BGR Energy Systems and Multitex Filtration Engineers Pvt. Ltd.

Founder

Rajiv Rattan
Chairman, RattanIndia Group

Mr. Rajiv Rattan is the Executive Chairman of RattanIndia Power Limited. An alumnus of IIT Delhi, Rajiv started his professional career with Schlumberger, one of the largest oilfield services company in the world.

A first generation entrepreneur, he co-founded Indiabulls Group in 2000 as India’s first online stock trading brokerage which went on to become a large business conglomerate with businesses in Consumer Finance (2nd largest mortgage lender in India), Securities (largest stock brokerage in India), Real Estate and Power Generation with a combined networth of more than $ 5 billion.

The businesses were restructured and Power and Infrastructure business was rechristened RattanIndia Group under the Chairmanship of Sh. Rajiv Rattan. RattanIndia Power Limited currently has businesses in Power Generation with an installed capacity of 1350 MW at its thermal power project in Amravati, Maharashtra.

Chairman’s Message

India is well on its path to become 3rd largest economy in the world. To achieve ambitions of an emerging India, it is paramount that India has access to stable, affordable and sustainable energy. We at RattanIndia Power Limited are proud that we have developed two world class assets dedicated to the energy needs of our nation. We will continue to be at the forefront of sustainable energy that benefits all the stakeholders of the society.