Deepak Asher
Mr Deepak Asher graduated in Commerce and Law, and thereafter took up Chartered Accountancy and Cost Accountancy as professional qualifications.
He has been working for Gujarat Fluorochemicals Limited, a part of the US $ 2 billion Inox Group of Companies, for the past twenty years now. He is the Director & Group Head (Corporate Finance) for the Group, and heads its strategy and finance functions.
Mr Asher’s functional area is Corporate Finance and Business Strategy. His responsibilities include identifying and implementing new business opportunities in line with the growth targets for the Group.
Mr Asher has pioneered the CDM Project Development of Gujarat Fluorochemicals Limited. GFL’s CDM Project was the first CDM Project in the world to seek registration by the UNFCCC. The Project has now been operational for more than 3 years now, and and has just been issued more than 21 million CERs across 20 successful issuances.
Mr Asher has also pioneered transacting of CERs to monetize them and create value for his company. He has experience of contracting with more than two dozen counter-parties, representing the entire gamut of the buy-side in the CDM market.
Besides, Mr Asher has set up the Inox Group’s entertainment business. Operated under the Inox brand of multiplexes, this is amongst India’s largest, most premium and profitable multiplex brand. Mr Asher is a member of the Entertainment Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI), and the President of the Multiplex Association of India (MAI).
Mr Asher is now working on the Inox Group’s growth and diversification strategy in the renewable energy space, and is steering the Group’s ambition to set up 1000 MW of wind farm capacity over the next three years.