Ms. Mahua Acharya
Published On: 9th January, 2025
Mahua Acharya was until recently, the Managing Director and Chief Executive
Officer of state owned energy transition company – Convergence Energy Services Limited of the Government of India. She designed and led electric mobility initiatives for India, and significantly, a very large and most unprecedented electric bus program across the world that yielded prices lower than diesel. This program is now an international case study. Since then, Mahua has embarked on building a new development platform dedicated
to expediting the energy transition journey at scale in India.
Mahua has two decades of experience in green finance, renewable energy, and
carbon markets having worked in multiple countries. She was the Assistant Director-General of 29-country intergovernmental agency the Global Green Growth Institute, Seoul – an intergovernmental body with 50+ member countries. She is one of the early pioneers of the carbon market – having been at the World Bank in Washington DC in its early days of the carbon funds business.
Mahua is co-founder faculty of an executive education program at the Indian Institute of Management, Ahmedabad, serves on the boards of multiple international entities and has appeared on international and Indian listings of women in leadership. She has won 5 awards in 2021 and 7 awards in 2022 for her work.
Mahua holds a Masters’ degree from Yale University.


