Contact person: Ms. Ichha
Mail: ichha@ipfonline.com
Call: 011 43597224
Ameet Shah
Co-Chairman & Co-Founder - Astonfield Renewable Resources Ltd.
Mr. Shah is a serial entrepreneur and passionate towards the realization of affordable green
energy, especially in the emerging world. In the past 4 years, Astonfield Renewables has emerged
to be one of India's leading project development companies in renewables that include biomass,
waste to energy and especially, utility scale solar. Having established, Astonfield as a technology
and vendor neutral company in India for renewables, Astonfield is currently executing on one of the
largest pipelines of projects exceeding several hundred MW's in green energy in India. The bulk of
this growth is driven by the explosive growth in utility scale solar in India and has emerged as one of
the leading developers of Solar PV power assets in India.
At Astonfield, Ameet drives the financial strategy. An expert in building companies and constructing
large financial transactions, he works with Astonfield's technical and government partners to
ensure profitability of each individual project that ultimately lead to successful implementations of
the projects. Astonfield has a solid track record in India under Mr. Shah's leadership at forming
partnerships with leading international engineering, procurement and construction companies
such as Isolux Corsan of Spain, AREVA Renewables of France and Beck Energy of Germany.
Ameet is also the Managing Partner at Mosaic Capital Advisors and the Mosaic Private Equity family of funds. Prior to starting Mosaic Capital, a principal investment firm about 10 years ago, Mr. Shah worked with HSBC Asset Management Limited in various roles in Hong Kong, London and New York. He subsequently moved to Salomon Brothers in Hong Kong and joined the investment team that oversaw the Salomon Brothers Asia Growth Fund in 1997-1998. Mr. Shah serves on the Board of several emerging US companies - Avadhi Financial Technologies and Real Time Radiography; and he also serves as a Conflict Review Board Member for the Sigma Opportunity Fund in New York. Mr. Shah is an Economics graduate of Fitzwilliam College, University of Cambridge. Mr. Shah has mobilized investments well over USD150m in the past 10 years in the United States and India and successfully exited several investments in the last decade.







