Dhruba Purkayastha is the Interim India Director, where he leads and guides the Delhi team in developing innovative finance and policy solutions in support of the renewable energy and green growth plans of the Government of India. Dhruba is also the Director of US-India Clean Energy Finance (USICEF), for which CPI serves as the Program Manager. USICEF is India’s first project preparation facility to scale up distributed renewable energy businesses and drive long-term debt financing from OPIC and other international financial institutions.
Dhruba comes with over 20 years of experience and his expertise lies in management consulting, investment banking, credit rating and international development financing in Asian countries. In addition to his role at CPI, he is a guest faculty at leading business schools in India. Dhruba also advices a wide range of government and public sector institutions banks and financial institutions, multilateral institutions, regulators in areas of policy and institutional development.
Dhruba joined CPI from International Finance Corporation (IFC) where he served as the Program Manager for Investment Climate Advisory. Prior to IFC, he worked with The World Bank as a Senior Specialist, in the South Asia Finance and Private Sector unit in lending operations for infrastructure financing and clean energy financing, public-private partnerships, SME finance, banking, and capital market reforms, private sector development – improving investment climate and competitiveness. He has also worked with ICRA Limited as a Group Head for Infrastructure and Government Consulting practices.
Dhruba is an Engineering graduate from Birla Institute of Technology (BIT), Ranchi, and a Post Graduate in Management from Indian Institute of Management (IIM), Calcutta and has a PhD from Indian Institute of Technology (IIT), Delhi in Financing Infrastructure Investments in Developing Countries. He is also advising the Department of Economic Affairs in the Government of India’s Ministry of Finance, on revising the approach to credit ratings for infrastructure public-private partnership (PPP) projects in India, and on setting up a credit enhancement facility in India to enable credit enhanced bonds for infrastructure PPP projects.
Dhruba regularly speaks at events and as an expert to media on financing, clean energy, infrastructure, and climate investments in developing countries.