Refex Renewables Re-designates Rajeev Vaze as Chief Operating Officer for CBG Business
Refex Renewables & Infrastructure Limited announced the re-designation of Mr. Rajeev Vaze as Chief Operating Officer for its CBG Business, effective May 01, 2026. Vaze will transition from his role as Vice-President and Head of Supply Chain Management, with his payroll shifting to subsidiary RSSL. With over 30 years of experience in renewable energy and infrastructure, he will drive strategic planning, acquisitions, and operational management for the CBG vertical.
*this image is generated using AI for illustrative purposes only.
Refex renewables infrastructure has announced a strategic leadership reorganization with the re-designation of Mr. Rajeev Vaze as Chief Operating Officer for its Compressed Bio-Gas (CBG) Business. The appointment, effective May 01, 2026, represents the company's continued focus on strengthening its renewable energy operations and expanding its CBG vertical.
Leadership Transition Details
The reorganization involves Vaze transitioning from his current position as Vice-President and Head of Supply Chain Management to take on comprehensive responsibility for the CBG business operations. As part of this change, his payroll will be transferred to Refex Sustainability Solutions Limited (RSSL), the company's wholly-owned subsidiary that serves as the holding company for the CBG vertical.
| Parameter: | Details |
|---|---|
| Effective Date: | May 01, 2026 |
| New Designation: | Chief Operating Officer – CBG Business |
| Category: | Senior Managerial Person |
| Payroll Transfer: | Refex Sustainability Solutions Limited (RSSL) |
| Previous Role: | Vice-President, Head – Supply Chain Management |
Key Responsibilities and Strategic Focus
In his new role, Vaze will drive the complete operations of the CBG Business with a comprehensive mandate covering multiple strategic areas. His responsibilities will encompass strategic planning and development of the Compressed Biogas division, including scouting for new inorganic growth opportunities such as mergers, acquisitions, joint ventures, and strategic partnerships.
The role also involves:
- Identifying potential acquisition targets that align with Refex's strategic objectives
- Ensuring seamless integration of acquired entities into the CBG business
- Developing and managing the budget for the CBG vertical
- Overseeing the setup of CBG production facilities, including site selection and equipment procurement
Professional Background and Expertise
Vaze brings over 30 years of extensive experience in driving strategic initiatives across the renewable energy and infrastructure sectors. He is recognized as a leader in Strategic Procurement, Cost Optimization, and Project Execution, with a proven track record at industry-leading companies.
| Qualification: | Details |
|---|---|
| Education: | Graduate in Mechanical Engineering, University of Pune |
| Post-Graduate: | Diploma in Materials Management, Symbiosis Institute |
| Experience: | Over 30 years in renewable energy and infrastructure |
| Previous Companies: | Vikram Solar, Suzlon Energy, Kirloskar Brothers Ltd, Thermax Ltd |
Regulatory Compliance
The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated January 30, 2026. The disclosure ensures transparency regarding the internal reorganization and leadership changes within the company's operational structure.
This strategic appointment reflects Refex Renewables' commitment to strengthening its CBG business operations and positioning the company for growth in the compressed biogas sector through experienced leadership and focused operational management.
What specific acquisition targets or partnerships is Refex likely to pursue in the CBG sector given Vaze's mandate for inorganic growth?
How will this leadership restructuring impact Refex's competitive positioning against other renewable energy companies expanding into biogas?
What production capacity targets might Refex set for its CBG vertical under the new operational structure?
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