Infrastructure & Asset Finance Summit 2012 | ,

Brief Bios of speakers

Day 1: Session 1| Asset Finance and Infrastructure Finance-Key to India’s Resurgence

Mr. Sunil Kanoria | Vice Chairman, Srei Infrastructure Finance Limited

Mr. Sunil Kanoria is the Co-founder and Vice Chairman of Srei Infrastructure Finance Limited. Srei started its operations in 1989. With consolidated assets under management of over Rs. 33,330 crores, Srei is one of India’s leading private sector Non Banking Financial Institutions in the infrastructure space. Mr. Kanoria is also the Joint Managing Director of Srei BNP Paribas (Registered name: Srei Equipment Finance Private Limited), a 50:50 JV between Srei Infrastructure Finance Limited and BNP Paribas, France. He is currently the Vice Chairman and Managing Director of Viom Networks Limited, a JV between Tata Teleservices and Quippo, a Srei Group enterprise. Viom is a pioneer in the Shared Passive Telecom Infrastructure industry in India. He conceptualized the brand ‘Quippo’. Be it launching the country's largest infrastructure equipment rental company or servicing the high growth verticals such as Construction, Oil & Gas, Telecom and Energy, under his guidance, brand Quippo has become a leading player in the industry. Mr. Kanoria takes active interest in the development of the international financial world. He has travelled around the world meeting potential investors to help Srei Group in attracting investments from multilateral and international funding agencies like BNP Paribas, IFC - Washington, DEG - Germany, FMO - Netherlands, BIO – Belgium, Finfund – Finland, Swedfund – Sweden, US Exim etc. He has been one of the vocal proponents of providing the NBFC industry a level playing field in India vis-à-vis banks and other financial institutions. To this end, he has been actively associated with various industry associations. He is the Vice President of ASSOCHAM. He is a governing council member of Construction Industry Development Council (CIDC) and he is also on the Management committees of all-India institutions like Associated Chambers of Commerce and Industry of India. He is also the Chairman of ASSOCHAM Eastern Region Development Council. He has occupied many important positions such as Past President in Hire Purchase & Lease Association – Kolkata (HPLA), Merchants’ Chamber of Commerce – Kolkata (MCC) and Federation of Indian Hire Purchase Association (FIHPA). Mr. Kanoria also held the prestigious post as Member of the Working Group on Construction for the Tenth Five Year Plan (2002-07) of Planning Commission, . Presently, he is member of the Central Direct Taxes Advisory Committee

Day 1: Session 1|The making of a public financial institution - the growth story of infrastructure finance company; experience so far and looking ahead

Mr. Shiva Rajaraman | General Manager & Head - Strategic Initiatives, L&T Infrastructure Finance Company Limited

Mr. Shiva Rajaraman is GM and Head – Strategic Initiatives & Structured Products Group at L&T Infrastructure Finance Company Limited (L&T Infra). In the last 16 years, he has worked in niche roles in Infrastructure Finance, Infrastructure Advisory and Equity and has contributed to and led the evaluation, advisory, structuring and financing for infrastructure projects through debt, equity and mezzanine finance. Previously at L&T Infrastructure Finance, he has headed Risk and Asset Management for the company in the capacity of GM. Earlier he had headed Project Finance for South Zone in the capacity of JGM. Prior to joining L&T Infrastructure Finance, Shiva was with IDFC for 10 years, during which he worked in several areas including Project Finance, PPP/PFPI, Business Development and Credit Risk. Prior to IDFC, he was with the Equity Group of global investment bank Dresdner Kleinwort Benson (India), which he joined on completion of his MBA.

Day 1: Session 1

Mr. MAHESH G. THAKKAR

Mr. Mahesh Thakkar (aged 53) is a Chartered Accountant specialised in Financial Services. He has 27 years of rich experience in the Financial Services Industry as a Director of Finance Companies involved in Leasing, Hire Purchase, Share Financing, Bill Discounting, Share Investment and Trading, Project Finance, Portfolio Management and Merchant Banking. Additionally, his expertise extends to Event Management and Public Relations.

He is the Director General of FINANCE INDUSTRY DEVELOPMENT COUNCIL (FIDC), a body formed to act as a Self-Regulatory Organisation (SRO) for Asset Financing NBFCs, encompassing all RBI Registered NBFCs. He is the Promoter Director of Asian Securitisation Forum, body consisting of leading players across 14 Countries in Asia promoting & developing the concept of Securitisation.

He is the Ex-Director on the Board of OTC Exchange of India (OTCEI) and a Dealer on the OTC Exchange of India (OTCEI). He was among the Top - Ranking Dealers, actively participating in all its activities. He was also the member of Dr. DAVE Committee appointed by SEBI to review working and operations of OTCEI, OTCEI Committee, OTCEI appointed Steering Committee for implementation of DAVE Committee Report and OTCEI appointed Grievance Cell.

He is the Executive Director of Association of Leasing & Financial Services Cos., (ALFS).

At Indian Merchants Chamber (IMC), Mr. Mahesh Thakkar is a member of Managing Committee as well as Co-Chairman of Finance & Banking Committee and of Forum of Affiliated Associations. Further, he is an Official Arbitrator at Indian Merchants Chamber (IMC) Panel of Arbitrators.

Day 1: Session 1|Overview of Critical Infrastructure Sectors – Landscape of Indian Infrastructure Finance

Mr. K K Mohanty | Managing Director, Gammon Infrastructure Projects Ltd

Mr. Mohanty is a B. Tech, PGDBA (Finance & Marketing), from XIM, Bhubaneswar and an AMP from Harvard Business School, Boston. Enterprise Building, Economic Value Creation and Out of Box strategy formulation have been his key accomplishments in the domain of Infrastructure Sector. Decisive Business Modeling, Efficient Financial Engineering, Converting Startups to Global Entities is his passion. Building Infrastructure for the next generation in an emerging economy, Boundary less growth management, turning crisis into opportunity & meeting the need of an Infrastructure Bank as a Global Institution in India is his aspiration. Enterprise Building, Economic Value Creation and Out of Box strategy formulation have been Mr. Mohanty’s key accomplishments in the domain of Infrastructure Sector. His immediate past assignment was 16 years with Srei Infrastructure Finance Limited (SREI) out of which 10 years as a whole time Director. By training, he is B. Tech, an MBA from XIMB and AMP from Harvard Business School, Boston. Building Infrastructure for the next generation in an emerging economy, Boundary less growth management, turning crisis into opportunity & meeting the need of an Infrastructure Bank as a Global Institution in India is his aspiration.

Day 1: Session 2| Private Equity into Infrastructure- Opportunities, Expectations of the Investors, and Stumbling Blocks

Mr. Darius Pandole| Partner, New Silk Route Advisors Pvt. Ltd

Mr. Darius Pandole has been a partner at New Silk Route Advisors Pvt. Ltd., since its inception in February 2007. New Silk Route (“NSR”) Partners is an investment management firm with offices in Mumbai, Bangalore, Dubai and New York. NSR looks to invest in Asia with a particular focus on the Indian sub-continent, including India, Pakistan, Sri Lanka and Bangladesh. At the start of his career, Mr. Pandole worked with Procter and Gamble and Kraft General Foods in the US. He returned to India in 1993 and managed the operations of his family owned soft drinks business, Duke and Sons Limited, which was a market leader in Western India. Mr. Pandole is one of the early entrants in the private equity industry in India and has over 15 years of equity investing experience. In 1997, he joined the investment team at the IndOcean Fund, amongst the first private equity funds to be established in India. In February 1999, he co-founded and served as Managing Director of IndAsia Fund Advisors Pvt. Ltd., the Indian advisor to the AMP- IndAsia India Fund – a private equity fund established in partnership with AMP of Australia. Mr. Pandole joined IDFC PE Ltd. in February 2003, and was the Executive Director, and later Chief Operating Officer of this asset management company that managed the India Development Fund, an infrastructure focused private equity fund. The India Development Fund was the largest domestic private equity fund in India at that time and Mr. Pandole was part of the start-up team responsible for raising and managing this fund. During Mr. Pandole’s tenure, the India Development Fund invested in a variety of successful companies in various infrastructure sectors. Mr. Pandole was the Indian junior national squash champion and represented India at international tournaments. He has a BA (Economics) from Harvard (1988) and an MBA from the University of Chicago (1992). He is currently an elected member of the Executive Committee of the Indian Private Equity and Venture Capital Association. He is a frequent speaker at venture capital industry forums in India.

Day 1: Session 2|Innovative Funding Solutions for Infrastructure Financing - Credit Enhancement as a Key Imperative.

Mr. Amit Vora | Associate Director, Financial Services CRISIL Infrastructure Advisory

Mr. Amit Vora is a part of the financial services practice team at CRISIL Infrastructure Advisory. He is currently involved in execution of assignments, business development, thought leadership and franchise building. He joined CRISIL Infrastructure Advisory in 2005. Through his stint, he has led several assignments in financial services, which involved developing business strategies, undertaking financial feasibilities, comprehensive market assessments and regulatory studies. He was project managing a key assignment for the Insurance Regulatory and Development Authority related to corporate debt securities landscape and its possible implications on the insurance investment regulations in India. He has represented CRISIL as a thought leader on infrastructure financing and public private partnerships in India and abroad. He has also conducted several training and capacity building programmes on these subjects. He has an MBA in Finance from T A Pai Management Institute, Manipal and a Bachelors’ degree in Commerce from H R College of Commerce and Economics, Mumbai.

Day 1: Session 3|Commercial Vehicles Funding -Current Issues, And Looking Forward

Mr. S.Sridhar | General Manager – Treasury, Sundaram Finance Limited

Mr. S Sridhar, aged around 43 years, is a member of the Institute of Chartered Accountants of India and Institute of Cost Accounts of India. He is presently the General Manager – Treasury, in Sundaram Finance Limited, a leading NBFC. He has over 18 years of experience in the Sundaram Group and has wide contacts in the financial sector including Banks, Mutual Funds, Ratings agencies and regulators. His present role includes Treasury Management, Financial planning and Accounting, Regulatory compliance and MIS.

Day 1: Session 3| Urban Infrastructure Sector

Mr. Ashish Kale | Director - Infrastructure Banking, Corporate Finance,

Mr. Ashish Kale works as a Director in the Infrastructure Banking - Corporate Finance at Yes Bank. Mr. Ashish has worked across a wide range of infrastructure sectors viz., Urban Infrastructure Roads, Energy & Power, and across India, South East Asia and Africa. He specializes in investment evaluation & advisory and project finance. He also brings to the table diverse consulting experience of advising leading EPC and developer companies in managing rapid growth, project planning and project management. Ashish is a post graduate from the Indian Institute of Management Bangalore and an engineer from University of Mumbai.

Day 1: Session 3| Urban Infrastructure Sector

Mr. Wasim Merchant| Assistant Vice President - Infrastructure Banking, Yes Bank

Mr. Wasim Merchant works as an Assistant Vice President in the Infrastructure Banking Team – Corporate Finance at YES Bank. Wasim has worked across a wide range of sectors viz., waste management, chemicals, metals & mining. He specializes in project finance and advisory. Wasim is a post graduate from the Jamnalal Bajaj Institute of Management Studies, Mumbai and an engineer from University of Mumbai.

Day 1: Session 3| Urban Infrastructure

Mr. Sudip Datta | Senior Vice President & Divisional Head - Operations | IL&FS Infrastructure Development Corporation Ltd

Mr. Sudip Datta is the Senior Vice President & Divisional Head of the operations of IL&FS Infrastructure Development Corporation Ltd covering the Eastern, North Eastern and Southern States. He has been involved in development of project in various sectors covering Urban, Tourism, Power, transportation etc. He has led a team which has successfully developed City Development Plans for Kolkata, Asansol, Guwahati and Imphal and is also a member of various task force established by the Government of West Bengal. Over the last five years the team has successfully provided advisory supports for urban infrastructure projects valuing over Rs. 10,000 cores of which a large number of projects have already reached completion. Mr. Datta is also the Managing Director of Bengal Urban Infrastructure Development Ltd, a JV of Govt. of West Bengal and is a Director of Jharkhand Infrastructure Development Corporation Ltd, a JV with Govt. of Jharkhand, Infrastructure Development Corporation of Assam Ltd, a JV with Govt. of Assam and several other project development companies. He has over twenty years of experience and has worked in India and abroad including U.K., Germany & Middle East. He is a member of the Infrastructure Committee, Logistic Committee, Finance and Taxation Committee of CII.

Day 1: Session 4| Construction equipment sector – is the present lull going to continue?

Mr. NDS Chari| Head - Key accounts vertical, SREI BNP Paribas

Mr. NDS Chari is a Banker by Profession, with over 30 years of lending and Investment experience in Indian Financial Markets. Out of which 8 years of lending experience to Infra clients and infra equipments in the country. He is currently heading the key accounts vertical on Pan India basis for the largest JV of an European bank BNP Paribas and India Private sector IFC, SREI INFRA. Mr. Chari has participated in various International and national conventions which include EURO Money world leasing conventions at Amsterdam, both as a speaker and participant. He was a part of Panel discussions in events like Constru India Seminar at Pune in 2012. Mr. Chari was a speaker on Transportation in India in Municipalika 2012 at Chennai. He was also a member of the steering committee for Surface Transportation, for conducting Annual seminar and exhibitions jointly organized by CII and infra sector players. Mr. Chari is a faculty of ITM financial market Mumbai for their IFM courses for Project finance and Leasing. As a Western Regional Head of the company, he had handled an infra equipment porfolio of over IRS 2500 crores. His USP is structured finance, leasing solutions and other customized lending Products to large corporate in the infra world.

Day 1: Session 4| Plant & Machinery

Mr. Timothy Biddle | Business Development Manager and Product Development Head, Siemens Financial Services India

Mr. Biddle graduated from the University of Warwick (Business School), England in Business Law. He then joined Siemens Financial Services (SFS) in the UK where he graduated from its Graduate Development Program. He has spent 5 years with the UK Company in Business Development roles, providing Loan, Lease and Sale of Receivables financing to the ITC, Healthcare and Plant & Machinery markets. He joined SFS India 1 year ago to support the strategic development of this start-up NBFC. His current focus is development of new financial products and applications for use in equipment financing for the Indian Energy, Healthcare and Industrial Machinery segments. SFS India began trading in May 2011 and, 1 year later, now employs 55 people across 9 locations and has ambitious expansion plans for the future.

Day 1: Session 4| Gold Loans/ LAPs

Ms. Shilpa Pophale | Managing Director, Electronica Finance

Ms. Shilpa Pophale has been working in EFL from last 17 Years which is part of the Electronica Group and has gained required experience in all the areas of Business such as Finance, Marketing, Credit, Recovery and Accounts. She took over the charge of the company in the year 2003 as Chief Executive and afterwards Managing Director. During her short tenure of 6 years as Managing Director of the company, she took the company to a new height of performance. The company’s assets grew from Rs. 80.00 Crores to Rs. 425.00Crores with NPAs remaining below 0.2%throughout. The branch network expanded from 8 to 27 covering all the major Industrial hubs of the country. The employee strength went from60 to200 for robust growth plan. She has a focus on serving the unserved/underserved Micro and Small Enterprise in India and help them to succeed in their entrepreneurship. Very Few business houses today are concerned about the growth of Micro and Small Enterprises in India. Going beyond, Electronica Finance is not only concerned but eager to serve this segment. The company has exclusively devoted more than20 years for the upliftment of the MSE and helped more than 6000 entrepreneurs in growing their business. Ms. Pophale pursued M. Sc. from Pune University and completed her entrepreneurship course from prestigious Harvard Business School, U.S.A. in the year 07-08.

Day 1: Session 4| SME Funding – Asset-Based Or Non-Assets?

Mr. Anindo Mukherjee | Head, Legal & Compliance Department & Chief Risk Officer | Fullerton India

Mr. Anindo Mukherjee is presently the Chief Risk Officer and also heads the Legal & Compliance function for Fullerton India. Prior to joining Fullerton, he was the Regional Credit Officer for India & South Asia for Bank where he had overall responsibility for risk management for the consumer & SME businesses. He has been instrumental in proficiently handling both Retail Lending and SME portfolios and has been an active member in developing Bureau usage in the Indian Financial Services Industry. Mr. Mukherjee joined Standard Chartered in 2005 as Country Credit Head-Consumer Banking. In 2008 he was appointed as Regional Credit Officer-India & South Asia. Prior to moving to Standard Chartered Bank in 2005, Anindo was the Head of Credit & Risk at HDFC Bank for the consumer business. He has also worked with ABN Amro Bank and in the risk function for over a decade. Anindo is a Chartered Accountant and a Cost Accountant and has been in the Risk management function for consumer banking for the past 19 years. He was an Additional Director on the Board of the Credit Information Bureau of India (CIBIL).

Day 1: Session 4| Rating Agency's Perspective in Risk in AFCs

Mr. Rajesh Mokashi | Deputy Managing Director, Credit Analysis & Research Ltd

Mr. Mokashi has over 24 years experience in important positions in Otis Elevator Company India Ltd, DSP Financial Consultants Ltd. and Kotak Mahindra Finance Ltd and CARE. Over the years Mr. Mokashi has been associated with rating assignments covering a wide range of sectors including Industrial company ratings, financial sector ratings, Mutual fund ratings, Securitization ratings and Public Finance ratings. He has been instrumental in criteria development and developing policies and procedures at CARE. In addition Mr. Mokashi has been involved in some of the international forays of CARE. Mr. Mokashi is a regular guest faculty at several National Level Training Institutes. Mr. Mokashi is a member of the Best Practices Committee of Association of Credit Rating Agencies of Asia, Manila (ACRAA).

Day 2: Session 1| Consistency In Policies – Where Policy Reform Is Required - Learning From International Experiences

Mr. Ashwini Kumar, Head – Risk Management | Srei Infrastructure Finance Ltd

Mr. Ashwini Kumar presently heads the Risk Management vertical for SREI Infrastructure Finance Limited. Prior to joining SREI, he was the Vice President (Risk, Risk Analysis Unit), HSBC Mumbai. At HSBC, his key responsibilities included Credit Risk Management for Large Corporate Accounts. Prior to joining HSBC, he served , Mumbai for 9 years, his key responsibilities included Manager - Corporate Credit and Corporate Banking. Mr. Kumar is a Chartered Financial Analyst (CFA) from ICFAI, Hyderabad and CAIIB Banking and Finance from Indian Institute of Banking and Finance, Mumbai. He completed his Post Graduate Diploma in Banking and Finance from National Institute of Bank Management (NIBM), Pune in 2004.

Day 2: Session 1|Aviation Assets – Building World-Class Airports For The Country – Are Our Pricing Models Appropriate?

Mr. Amarthaluru Subba Rao (ASR) |Group Chief Financial Officer, GMR Group

Mr. Rao is a Commerce Graduate and a Chartered Accountant (1986). He also went through a four week MDP at IIM – A (1995). He has been with GMR for more than 12 years and after stints both in corporate finance and business finance; he is currently the President and Group CFO since September, 2008. Thus he has been associated with GMR Group in its evolution from a small manufacturing company to its current standing as a premier Infrastructure Company. He has been part of most infrastructure projects and most milestones in this transformational journey of GMR. Before joining GMR in December, 1999, ASR spent the initial five years in audit practice both independently and with M/s Sudit K Parekh & Co, Mumbai, as their Hyderabad office Manager and then moved to ITW Signode, Hyderabad, in April, 1992 to head the corporate finance and accounts. Between mid 1996 and end 1999, he was associated with Kotak Mahindra Finance at Mumbai. He has been the recipient of two finance leadership awards viz., CNBC Best CFO Award in the Infrastructure Sector for 2010 and the Best CFO Award in the Infrastructure and Construction Sector from the Institute of Chartered of Chartered Accountants of India (ICAI) for 2010. He was also voted as the Best CFO in the Infrastructure Segment across Asia in 2011 and 2012 in an annual survey conducted by the “Institutional Investors” magazine. He has been a regular speaker in many Infrastructure events. He served as member on ICAI’s Committee for Members in Industry. He also has been nominated as a member on the Accounting Standards Board of ICAI. Currently, he is serving as a member of several GoI initiatives on Infrastructure Financing. He also has written few articles on the specific requests of some business newspapers.

Day 2: Session 1: Santosh Janakiram

Santosh is a Partner in the Amarchand Mangaldas Mumbai office. He joined the firm in 2001. Santosh has been a part of the Project Finance and Infrastructure team and has acted for lenders as well as developers. Chambers and Partners have in 2009, 2010, 2011 and 2012 considered Santosh a leading lawyer in India in the Projects, Infrastructure & Energy sector and stated that he is considered by his peers to be “enthusiastic, fantastic and extremely bright with the ability to handle large transactions”. Law Business Research has also named Santosh in The Indian Lawyer 250. Advised SBI, IFC, ADB and other national and international financial banks/ agencies in the 4000 MW Mundra Ultra-mega Power Project (2008) established by Coastal Gujarat Power Limited, a subsidiary of The Tata Power Company. Scope of work included due diligence, review and drafting of transaction documents, structuring, advising on key issues in relation to rupee and foreign debt and drafting of financing documents. Advised IDBI Bank Limited in relation to financing of a 1350 MW thermal power project at Amravati in the State of being implemented by Indiabulls Power Limited. Advising IDBI, Standard Chartered Bank, HSBC, CDB, Export Import Bank of China and other Indian and foreign lenders, in relation to financing of the 1320 MW Mega Power Plant at Jhajjar, Haryana being implemented by China Light & Power. Advised Industrial Development Limited (IDBI), ICICI Bank Limited (ICICI Bank) , and IFCI Limited in relation to the Dabhol Power Project (2184 MW combined cycle power plant and LNG facility) on the restructuring of all aspects of the power plant and the LNG terminal (since mid 2001) Advising Asian Development Bank and the United States Export and Import Bank in relation to financing of 40 MW solar photovoltaic power project in the State of Rajasthan by Dahanu Solar Power Private Limited. Advising a leading financial services company with respect to acquisition of solar power projects in the State of Gujarat being implemented by a Delhi-based solar developer. Advising International Finance Corporation and other lenders in their proposed investment in NSL Wind Power Company (Satara) Private Limited, a special purpose company for NSL Group's 75 MW Chilarewadi wind project.

Day 2: Session 1: Amey Pathak

Amey is a Partner in the Amarchand Mangaldas’ Mumbai office. Amey joined the Firm as an associate in 1997 and was made Partner in the Firm in 2008. Amey has been advising key Indian financial institutions, multinational banks and multilateral lending agencies with respect to financing of various infrastructure projects in the Airport, Power, Telecom, Oil & Gas and Road sectors in India. Advised SBI, IFC, ADB and other national and international financial banks/ agencies in the 4000 MW Mundra Ultra- mega Power Project established by Coastal Gujarat Power Limited, a subsidiary of The Tata Power Company. Advised , and Bank of India on the refinancing of 1320 MW thermal power project of Adani Power Limited. Advised the consortium of domestic lenders and international lenders comprising IFC, Asian Development Bank and Proparco in financing India’s first LNG Terminal in Dahej (Petronet LNG), the expansion projects and the new LNG Terminal in Kochi. Advised SBI and other national banks and financial institutions for a financing of Rs. 7,875 crores of the Mahan Aluminum Project, a unit of Hindalco Industries Limited. Advising Doshion Limited and drafting the concession agreement for the inter-basin transfer of water in the state of Gujarat under a Swiss Challenge Approach. Advised the consortium led by Infrastructure Development Finance Company Limited on the 4 laning of Salem- Kumarapalayam on National Highway No. 47 in the State of Tamil Nadu. Advised IFC in relation to grant of a rupee loan equivalent to $75 million to Infrastructure Development Finance Advised IFC and Andhra Pradesh Urban Finance and Infrastructure Development Corporation (APUFIDC) in respect of privatization of municipal solid waste management services in Andhra Pradesh. Advised State Bank of India and other banks for the financing, consolidation and refinancing by way of onshore and offshore loans to Suzlon Energy Limited and its onshore and offshore subsidiaries. Advised ICICI Bank Limited and Limited in relation to financing of 40MWp solar photovoltaic power plant being implemented by Adani Enterprises Limited in Bhuj, Kutch District, Gujarat. Advised ICICI Bank Limited, State Bank of India and other banks in relation to financing of a transmission line project in Maharashtra by Maharashtra Eastern Grid Power Transmission Company Limited.

Day 2: Session 1| Private equity in IFCs and NBFCs

Mr. Manikkan Sangameswaran | President – Infrastructure, ICICI Venture

Mr. Manikkan is President – Infrastructure, ICICI Venture. He has over 16 years experience as an investment banking professional with extensive experience in execution of large transactions. He has handled mega size cross border M&A transactions, advisory, fund raising in capital intensive sectors and privatization mandates across sectors and markets (Private, Public & Government). Prior to joining ICICI Venture, he was with Babcock & Brown India Pvt Ltd, where he headed the infrastructure practice. Manikkan also worked with companies such as ABN Amro , UBS Securities (India), SBC Warburg, TATA Economic Consultancy Services and Voltas Limited. His experience spans domestic and international tenures in Mumbai and Hong Kong. He is a B.E. from Mumbai University. He also holds a Masters degree in Management Studies & Post Graduate Diploma in Securities Law from Mumbai University and M.Sc in Business Economics from UK.

Day 2: Session 2| A Road Asset Operator's Story – Key Elements to Success, And Stumbling Blocks

Mr. S K Tripathi | Dy. Managing Director, JMC Projects (India) Limited

Mr. Shailendra Kumar Tripathi, 48, is a Civil Engineer from Government Engineering College, Jabalpur, Madhya Pradesh. Since passing out in 1984, he has worked in major Infrastructure companies like Gammon India, Larsen & Toubro Limited and Oriental Structural Engineers Private Limited. He started off as a site execution and planning engineer and went on to head the implementation and construction of many infrastructure projects in the country involving highways and airports. His technical, strategic decisions and leadership skills coupled with his sound financial and business sense has helped him in securing and successfully implementing many projects in Public Private Partnership model. He Joined JMC Projects (India) Ltd in 2008 as the President and COO of the Infrastructure Division. He has been responsible for the overall performance and growth of the Infrastructure Division. Mr. S. K. Tripathi has been appointed as Executive Director on the Board of JMC Projects (India) Ltd w.e.f. October 22, 2011. He has been appointed as Deputy Managing Director w.e.f. May 18, 2012. He is responsible for the Infrastructure, Power, Building & Factories and BOT Business Divisions of the organization alongwith their growth and diversification plan.

Day 2: Session 2| Financing road - infrastructure sector – special needs and concerns

Mr. Praveen Sethia | Founder & Director, Infrastructure Advisors Private Limited

Praveen Sethia started his journey of professional career as management trainee after passing his CA exam at IFCI Limited, a leading development financial institution in the year 1993. At IFCI, he handled responsibilities in investment department, project appraisal department and was a part of the team managing maiden public issue of IFCI Limited. In the stint with IFCI Limited he got exposure to appraisal of power and integrated steel projects. He joined Srei in the year 1996 after learning dynamics of capital market and merchant banking at VCK Capital Market Services Limited. At Srei had handled various initiatives and part of core team responsible for the growth of Srei. His key initiatives include setting up project finance group for infrastructure project, structure finance group for off balance fund raising for infrastructure assets and setting up international business at Russia and UK. He joined ICICI Bank in the year 2005 as part of startup team of Credit Risk Management Group for SME business covering more than 10 business verticals including infrastructure vertical and various banking products. This stint with ICICI Bank gave him insight of lenders perspective. His joined back Srei in 2007 and one of the major initiatives during this period was developing finance and commercial function of BOT vertical for SREI in holistic manner. He developed the right capabilities of the organization to manage and grow the portfolio of road BOT projects and managing BOT SPV in a proactive manner. Having first hand insight into the Road BOT business, he has an insight into the challenges of the sectors and the probable solutions. In 2010, he established Infrastructure Advisors Private Limited (IAPL), a consulting firm providing strategic and financial advisory services for Infrastructure Projects implemented on Public Private Partnership models from Conception to Commissioning. In a short span of two years, IAPL arranged for Financial Close of 9 road projects, involving total debt of equivalent to US$ 680 million and was involved with pre bid advisory of almost 50 road projects worth almost US$ 5.45 Billion. IAPL has been ranked 9th in the list of Financial Advisors for Asia Project Finance Loans as per Dealogic Asia Pacific Project Finance Review- First Half 2012.

Day 2: Session 2| International PPP models - is there scope for India to learn?

Mr. Sandeep Bhattacharya | VP & Team Head (Emerging Markets) at the Global Credit Rating Team (GCRT), Deutsche Bank Group

Mr. Sandeep has over ten years of experience in ratings, securitisation, deal origination and execution including structured finance transaction in infrastructure sectors. He has held assignments in Malaysia and India and was the Vice President of ratings in Malaysian Rating Corporation (MARC). Prior to this he has worked with various organisations such as Cagamas Berhad, a subsidiary of the Malaysian Central Bank (Bank Negara Malaysia) and & Company Pvt. Ltd in Mumbai. He is an MBA from T. A. Pai Management Institute, and a graduate in Physics from the University of Calcutta. He is also ICF (International Coach Federation) trained certified coach and has co- authored a book on Financial Management published by Oxford University Press. He is currently VP & Team Head (Emerging Markets) at the Global Credit Rating Team (GCRT) of the Deutsche Bank Group.

Day 2: Session 3| Funding options for the power sector

Mr. Bijoy Daga | Head-Project Finance and Corporate Advisory, ILFS

Mr. Bijoy Daga heads the project finance and advisory services businesses of IL&FS Financial Services Limited. Over the last 2 decades, IL&FS has played a pioneering role in commercialisation of infrastructure sector in India and has assisted in development of financing formats for private sector participation in Infrastructure projects. Mr. Bijoy has been a part of several of these initiatives of IL&FS. Previously, Mr. Bijoy has also worked in for 6 years in various functions including asset based finance, structured finance & syndications. In Citigroup, he has been involved in structuring/ syndication of some very large ticket project finance, securitisation and structured finance transactions with marquee customers like L&T and Reliance. His current responsibilities include providing IL&FS's customers both fund and fee based services. His area of expertise includes Infrastructure Advisory Services, Mergers & Acquisitions, Private Equity and Provision of Mezzanine and Project Finance. He is also a regular Half Marathoner and spends a lot of his time in socially relevant projects in areas such as Renewable Energy and Rural Development.

Day 2: Session 3| Funding options for the power sector

Mr. Abhay Athalye | Founder and Managing Partner, AVANTI Infra Advisory LLP

Mr. Abhay has rich experience in Strategy and Finance areas of Infrastructure projects. During his career spanning almost 20 years, he has lead many successful mandates in Infrastructure Finance, Corporate / Business Strategy, Financial Advisory and Business Consulting. In Infrastructure Finance, he has unique all round experience of being a lender carrying out project due diligence; being a project developer for a large power project and being an investment advisor on various PE investment transactions. He has also been involved in successful bid advisory engagements in Indian Power Sector for competitive bidding in generation and transmission projects. His key leadership roles include, Head-Power Advisory Practice at CRISIL, CFO of the power development company of Aditya Birla Group and Head of Infrastructure Transaction Advisory Services at KPMG. At KPMG, he provided strategic and commercial advice to leading global private equity funds / corporate clients in many deal situations. He led the commercial due diligence teams on 3-4 large IPP investment transactions during 2009-10. As CFO for Aditya Birla Group’s power business, he successfully finalized the PPA, obtained regulatory approval and managed Rs. 2500 cr debt syndication of Rosa Power Project. He has also led some other strategic initiatives of Aditya Birla Group as VP, Corporate Strategy and Business Development. He also lead many important consulting assignments for both Government and Private sector clients in areas of reforms & restructuring; financial advisory and transactions; performance improvement and regulatory affairs. During the early years of his career, he performed the role of lender when he worked as appraising officer for financing of various infrastructure projects in Power, Roads and Ports Sectors. He has worked with renowned lending, financial advisory and consulting organizations in Infrastructure Sector like IFIC, IL&FS and SBI Capital Markets. He has been a member of Inter Institutional Committees for drafting of Model Concession Agreement for Road sector and Model Escrow Agreement for Independent Power Projects (IPPs). Currently as Founder and Managing Partner of AVANTI Infra Advisory LLP, he is engaged in advising companies to meet their growth ambitions. The firm provides strategic and financial decision-making support to clients operating in core infrastructure and allied industries. One of the most notable engagements in the recent past was as Independent Model Auditor and Bid Strategy Consultant in FY 2010-11 for assisting a client in bidding for 3 projects in transmission sector where the Client emerged as winner in two projects with investment potential of US $ 700 mn. He has provided strategic decision-making support to clients in renewable energy sector (wind and solar), fly ash based AAC and heavy lifting equipment hire for power projects. His regularly participates in seminars to share his views on various developments in the infrastructure sector.

Day 2: Session 3| Infrastructure bonds- the appeal and constraints

Mr. S N Baheti | Managing Director & Chief Executive Officer, IDBI Infrafin Ltd.

Mr. S.N.Baheti is the Managing Director & Chief Executive Officer of IDBI Infrafin Ltd., one of the first few Infrastructure Debt Funds (NBFC route) being set up in the country. Mr. S.N.Baheti began his career with the erstwhile Industrial Development Bank of India in the year 1983 and he has held Senior Management positions in diverse functional areas in the IDBI Group including Project Finance and Corporate Banking, Corporate Accounts, Company Secretary and Group Compliances Head, Corporate Research, Risk Management, Domestic and International Resources mobilization and setting up a leading capital market subsidiary. He is a member of the Institute of Chartered Accountants of India, Institute of the Company Secretaries of India and the Indian Institute of Bankers. In his role as the MD & CEO of IDBI Infrafin Limited, Mr. S.N. Baheti is instrumental in getting the company formed and operationalised right from the beginning and provides a strategic direction for achieving rapid all round growth and profitability

Day 2: Session 4| Telecom infrastructure operators' story – what is ailing the sector?

Mr. Umang Das | President, merged entities of Viom Networks Ltd.

Mr. Umang Das is one of the pioneers of the Indian Telecom Industry and was responsible for establishing Cellular Mobile Telephony Business and the 1st Mobile Call in the country in August 1995 at Calcutta while he was managing Modi Telstra. He has been closely involved with the Industry’s growth and evolution over the last two decades ever since Govt. initiated the privatization process way back in 1987. After establishing Telecom Business of M/s. Compton Greaves he took over as the Managing Director of Spice Telecom – offering Cellular mobile Services in various parts of the country. Subsequently as Group President of Spice Global Businesses he contributed establishing the Group’s Business internationally. He is credited for having innovated the new Business model of Passive Infrastructure Outsourcing and Sharing, which got its fillip in early 2005 and today has grown to a Rs. 150000 crores (US $ 35 Billion) Industry. Sensing new opportunities with Govt. allowing Active Infrastructure Sharing he moved over to an entrepreneurial model of offering Active Infra Services by joining SREI – Quippo Group as Managing Director & CEO of Quippo Infocomm Ltd. With the merger of the Group’s Passive Infra Co. Quippo Telecom with WTTIL (Tata Group), he is the President of merged entity Viom Networks Ltd. having over 40000 Towers across the country. He is responsible for spearheading all the new Business initiatives of the Group in the field of Total Telecom Infrastructure enablement for Mobile Operators. This is in recognition of the emerging Mobile Internet society and the need for establishing Infrastructure and connectivity to the remotest parts of the country and contributes towards the National objective of achieving inclusive growth in Urban and Rural parts of the country on a balanced scale. He is also supporting the SREI group initiative of ‘Sahaj e-Village’ – the pioneering concept of integration of IT and Telecom through ‘Common Service Centres’ with the objective of government and other public services offered through CSCs co-located with the telecom towers, leading to inclusive growth of the society while connecting the unconnected. He is the current Chairman of the COAI Infrastructure Committee besides being Director General of the Tower and Infrastructure Providers Association. He has also been the Chairman of GSM India. Besides being Member of the ASSOCHAM Management Committee, he is also currently the Chairman of the e-Governance and IT Committee. He is also a Member of the Managing Committees of CII & FICCI and Chairman of FICCI’s Telecom Infra Committee. He is also the Chairman of the CSC India Forum. He has been the President of the Rotary Club of New Delhi. Currently he is the Director – Corporate Services Public Image – Rotary International District and is leading the Rotary Initiative towards Digital Education and Corporate Sector Social Services. On the social service front, he is also on the Board of Trustees of the Digamber Jain Mahila Ashram, Saraswati Vidyalaya and many other such social institutions involved in the upliftment of the Girl Child. His hobbies include networking and meeting people, apart from reading and traveling. He has also been planning, scripting and producing programs for the electronic media. Mr. Das is an alumnus of the prestigious Indian Institute of Management, Ahmedabad and an Electrical / Electronics Engineer form the Delhi College of Engine

Day 2: Session 4|Shipping and port assets

Mr. Subhrarabinda Birabar| Head Port Sector, Gammon Infrastructure Projects Limited

Mr. Subhrarabinda Birabar heads the Port Sector for Gammon Infrastructure Projects Limited. His key responsibilities include development of Port infrastructure projects from inception till commissioning and role includes team building, formulating strategy, identifying potential partners for JV, maintaining relation with all stake holders including government authorities for smooth execution of projects. His key skills include conceptualization to completion of mega infrastructure projects like Ports, Container Terminals, Logistics Parks, FTWZ/ SEZs, team building and leading the team. Mr. Birabar is a hard core infrastructure development professional, well trained in L&T, with proven track record of completing mega infrastructure projects from inception to successful commissioning. He served the Jebel Ali Free Zone Authority, EZW, Dubai as Director & Head India Operations-Jafza India Group of Jafza Dubai from Sep 2006 to Aug 2011 where his responsibilities include Sphere heading and leading the India development plans and creating a network of logistics parks across India. He served Larsen & Toubro Limited as Head Commercial-Port Sector from Mar 2005 to Aug 2006 (1 year(s) - 5 month(s). He completed his PPG Education [LOGISTICS MANAGEMENT] Indian Institute of Management, Ahmedabad.

Day 2: Session 4| A rating agency's perspective about Infrastructure finance companies

Mr. Karthik Srinivasan, Senior Vice President | ICRA Limited

Mr. Karthik Srinivasan is Senior Vice President of ICRA Limited and member of the Rating Committee of the Company. He holds a B.E degree in Electronics Engineering from K J Somaiya College of Engineering, Mumbai University and has also done Masters in Management Studies (Finance) from Narsee Monjee Institute of Management Studies, Mumbai University. He holds the CFA charter awarded by CFA Institute, USA.

Mr. Karthik has an aggregate work experience of over 15 years out of which he has been associated with ICRA for a period of 12 years. Prior to joining ICRA, he worked for over three years in the treasury department of The Bombay Dyeing and Manufacturing Company Limited. With twelve years of experience of credit rating his primary role is financial analysis and credit ratings of banks, financial institution, insurance companies, securities companies, non-bank financial companies and mutual funds. His other responsibilities include product development, financial market research, and contribute articles on the contemporary issues related to the sector.