Who we are and What we do
Sustainable Energy Infra Trust ("SEIT" or "Trust") is an Indian Infrastructure Investment Trust (InvIT), sponsored by 2726522 Ontario Limited (a 100% subsidiary of the Ontario Teachers' Pension Plan Board ("OTPPB")) and Mahindra Susten Private Limited ("MSPL").
The sponsors established the Trust on July 20, 2023, and the Trust was registered with SEBI as an Infrastructure Investment Trust under the InvIT Regulations on August 11, 2023, with registration number IN/InvIT/23-24/0027. The Trust proposes to focus on investments in renewable energy power plants.
SEIT has built a diversified portfolio of operational renewable energy assets, with an installed capacity of over 1.5 GWp, primarily comprising utility-scale solar power projects. These assets are spread across key states including Rajasthan, Gujarat, Maharashtra, Telangana, and Andhra Pradesh, enabling geographic diversification and stable generation profiles. The portfolio is supported by long-term power purchase agreements and is designed to deliver consistent performance, with a focus on asset quality, operational reliability, and scalability. SEIT combines disciplined capital allocation with active asset management. This is supported by strong governance frameworks, established operating processes, and a culture of ownership and accountability, enabling SEIT to manage and scale its renewable energy portfolio with consistency, efficiency, and a long-term perspective.
Vision
“To be a growth-oriented Clean Energy focused InvIT, operating with the highest standard of governance and delivering sustainable returns to all stakeholders”
Mission
- 01Nurture a spirit of partnership in everything we do
- 02Attract and retain the right talent
- 03Implement strong processes and practices
- 04Deploy proven technology, applications and tools across functions to enhance efficiency
- 05Maintain a steadfast focus on enhancing operating and financial performance
- 06Pursue value accretive growth opportunities in the clean energy space
- 07Focus on quality as against quantity
- 08Consistently deliver on yield expectations
Our Values
Respect
We will conduct ourselves in a manner that will earn us respect from all our stakeholders
Integrity
Integrity, high standards of governance and prudent risk management will be a norm in everything we do
Focus
Unwavering focus on Safety, Health and Environment will form a corner stone of our operations
Compliance
We will ensure strict compliance to laws and regulations
Care
We will be a good corporate citizen across communities in which we operate
Our Structure
Our Journey
July
- First batch of 3 employees and Senior Management onboarded
- Rollout of Vision, Mission and Values
- Senior management and first set of employees onboarded
August
- First three Independent Directors onboarded
- Rollout of SEIT’s corporate logo, brand identity and brand manual
September
- Filing of the Draft Placement Memorandum with SEBI on September 26, 2023
November
- SEIT’s proposed debt facility of INR 34,000 million rated Provisional AAA / Stable by CRISIL Ratings Ltd
2023
January
- Takeover of solar assets with 1.5+ GWp capcity
- FPM filed on 10 Jan 2024
- Units listed on NSE
- Financial closure and drawdown
March
- Final rating received for SEIT’s debt
- Full management and larger teams in place across IM, PM and SPVs
April
- 8-member Board
- First EHS meeting
- Expansion to an eight member Board
May
- Closing of first annual audited standalone and consolidated financials of SEIT
- IM’s board declared the first distribution of SEIT
June
- Trust made its first distribution to the Unitholders
August
- Full Board of Directors in place with 12 distinguished members
2024
February
- Issued INR 750 crores non-convertible debt securities on private placement basis and listed them on BSE.
May
- Completed five distributions to the Unitholders
July
- NCD issuance of INR 750 crores.
2025
February
- Part-refinancing of RTL of INR 636.35 crores
2026
Investment Manager
Directors of the Investment Manager
Sustainable Energy Infra Investment Managers Private Limited is the Investment Manager of the Trust. As the Investment Manager, Sustainable Energy Infra Investment Managers Private Limited is primarily responsible for making decisions in relation to investment of Trust’s funds in acquiring the underlying assets or projects, managing the Trust’s investments and ensuring compliance with all applicable laws and regulations, while generating sustainable returns for all stakeholders.
With a team of qualified and well-trained professionals at the helm, the Investment Manager is committed to operate the Trust with the highest standards of ethics and corporate governance.
Mr. Amarjyoti Barua
Non-executive Director
Mr. Debapratim Hajara
Non-executive Director
Mr. Deepak Dara
Non-executive Director
Mr. James Hanson
Non-executive Director
Ms. Naina Krishna Murthy
Independent Director
Mr. Premod P. Thomas
Unitholder Nominee Director
Ms. Priya Subbaraman
Chairperson & Independent Director
Mr. Puneet Renjhen
Non-executive Director
Mr. Ravi Seth
Independent Director
Mr. Sadashiv S. Rao
Independent Director
Mr. Sanjiv Sahai
Independent Director
Mr. Sumit Dayal
Independent Director
Leadership Team
Mr. Niraj Shah
Chief Operating Officer and Chief Information Security Officer
Ms. Bhaveka Arora
CHRO, Sustainable Energy Infra Investment Managers Private Limited
Mr. Pankaj Vaidya
Head – Commercial & Regulatory Affairs
Mr. Saurabh Singh
Corporate Controller
Mr. Piyush Jain
Finance Controller and Head Project Finance
Mr. Manojkumar Shah
Head - Safety, Health & Environment
Project Manager
Green Energy Infra Project Managers Private Limited is the Project Manager of the Trust. The principal objective of the Project Manager is to incorporate standard industry practices employing both preventive and corrective measures in operating and maintaining the projects in order to optimise the long-term performance of the assets.