Deepaksingh C Thakur

Managing Director & CEO, Mahindra Susten

As Executive Director & CEO, at Mahindra Susten (IPP with in-house EPC), the Group’s flagship
entity in the Renewables domain, Deepak, is responsible for evolving the strategic direction,
delivering business vision through organizational capability enhancement appropriately
complimented by investments & collaborations. Additionally, he also oversees Mahindra Teqo
(Renewables O&M) and Mahindra Solarize (C&I Renewables EPC) businesses. As a director on
these two boards, he actively supports, creation & deliverance, of a sustainable business

Prior to Mahindra, Deepak was Lead – Renewables & Energy Storage (Executive Vice
President) at the Reliance Group. He was part of the core group building the strategic plan
for the New Energy vertical and actively involved in M&A transactions in this domain of over
USD 1.5 billion. Earlier to this, he was CEO – Hybrid and Energy Storage Business for Sterling
and Wilson, a Shapoorji Pallonji Group company. In addition, he was responsible for the Wind
EPC and e-mobility verticals of the Group and was on the boards of Sterling PBES Energy
Solutions, a Canadian marine battery solution company and GCO Australia.

Deepak has worked with major industry players such as Larsen & Tourbo Ltd., Honeywell, and
Thermax. He has a proven track record of incubating new businesses with global footprints.
He has successfully handled various responsibilities encompassing sales, marketing, corporate
strategy, business planning and strategic alliances in addition to P&L ownership across a wide
spectrum of industries comprising energy, industrial equipment, electronics, and
infrastructure, in career spanning three decades.

Deepak holds a Bachelor of Engineering degree from the University of Pune, India and is an
alumnus of Symbiosis Institute of Business Management.