Akhilesh Awasthy is the director of market operations of our Company. He was appointed as the director of market operations with effect from August 22, 2012 and has been associated with our Company since September 1, 2007. He holds a master’s degree of engineering (electrical engineering) from the University of Indore, Indore and is a member of the Institute of Cost and Management Accountants of India. He has over 31 years in the power sector. Prior to joining our Company, he worked with the then Madhya Pradesh Electricity Board for 22 years and resigned as its joint director in June 2006. He is a regular speaker on electricity markets at various national and international fora. He is a director on the board of Association of Power Exchanges, an organization of all power exchanges in the world. He has devised systems and procedures for operations of the Exchange which is catering to the participants of the Exchange.