Bio

Mohit Batra is the Executive Director on the Board of ICICI Venture, which is ICICI group’s alternative assets company, where he leads the Infrastructure practice. He joined ICICI Bank in 1992 and worked in the areas of corporate and project finance across a range of manufacturing sectors. He then moved to Mumbai as a part of ICICI Bank’s newly set up Infrastructure SBU and in 2004 was given the responsibility to Head the Project Finance Group which worked across the entire spectrum of Telecom, Manufacturing, Infrastructure, and Oil & Gas industries. In addition, Mohit was also involved in the strategic finance and advisory services offered by ICICI Bank including M&A, transaction structuring, acquisition financing etc. for the period 2006-07. Mohit has experience of around 150 deals including Public Private Partnerships. He has worked across the entire Capital structure including equity, subordinated /mezzanine debt and senior debt with total financing committed of around USD 36 billion. Mohit has operated at the board level of companies and has had hands on experience in project finance, corporate banking, equity investing, strategic finance and resolution of stressed assets. He has in the past worked on several infrastructure policy initiatives undertaken by the Government in the areas of power, telecom and roads. At ICICI Venture, Mohit is responsible for infrastructure investments including Resurgent Power, which is a Power Platform co-sponsored with Tata Power for buy-out of Indian power assets. Resurgent has recently completed the acquisition of Prayagraj Power Generation Company, a 1980 MW supercritical plant as part of the stressed asset resolution process initiated by the lenders. Mohit is an engineer and has an MS in Management from Purdue University, USA.