CEO Today Global Awards

73 www.ceotodaymagazine.com CEO Today Global Awards 2019 india PRASHANT MODI CEO of Great Eastern Energy Corporation Limited ABOUT PRASHANT MODI He has been associated with the Company and our Promoter Group companies since 1996. He is responsible for day-to-day operations of the Company and supervised our Company’s efforts in relation to the listing of our Company’s GDRs at the Alternate Investment Market in the London Stock Exchange in 2005 and 2006, and thereafter shifting them to the main board of the London Stock Exchange in May 2010. He has received a degree in Bachelor of Science in Business Administration from Boston University, USA with a major in finance. He has also undertaken executive education courses from Harvard Business School, USA, one in finance and another on launching new ventures. He is currently undertaking the renowned “Owner President Management Program” at Harvard Business School. Mr. Prashant Modi has been Chief Executive Officer and Managing Director of Great Eastern Energy Corporation Limited since September 22, 2015. Mr. Modi has been Department Head of Vehicle Finance Collections at Arman Financial Services Ltd since June 2, 2016. He served as the Chief Operating Officer and President of Great Eastern Energy Corporation Limited from August 1, 2006 to September 22, 2015. He serves as a Director for Great Eastern Energy Corporation Limited and YKM Holdings International Limited. Mr. Modi served as a Director of Arman Financial Services Ltd. Mr. Modi has 8 years of experience in soft and hard collection. Mr. Modi has received degree in Bachelor of Science in Business Administration at Boston University, USA with a major in finance. He has also undertaken executive education courses from Harvard Business School, USA, one in finance and another on launching new ventures. He’s a member of the following prestigious National and International bodies: National Executive Committee of the Federation of Indian Chamber of Commerce and Industry (FICCI) Environment Task Force Committee, FICCI Chairman of the Unconventional Hydrocarbon Resources Task Force Committee, FICCI Commission on Environment and Energy, International Chamber of Commerce, Paris (ICC) Task Force of Energy, ICC Past President, ICC India Europe One Chapter, Young Presidents’ Organisation (YPO) Prior to joining the Y.K. Modi Group, he worked with ANZ Bank, London and Qualcomm Inc, San Diego, USA. FIRM PROFILE Great Eastern Energy Corporation Limited engages in exploring, developing, extracting, distributing, and marketing coal bed methane and compressed natural gas in India. It owns interests in the Raniganj (South) block that covers an area of approximately 210 square kilometers located inWest Bengal; and Mannargudi block, which covers an area of approximately 667 square kilometers situated in Mannargudi, Tamil Nadu. The company was incorporated in 1992 and is based in Gurugram, India. Supply-demand dynamics in Indian gas market is extremely attractive and likely to remain so for the next 20 years Large, well-defined and well- mapped Raniganj (South) block has an estimated 9.25 TCF Original-Gas-in-Place Compared with the other major U.S. CBM basins, GEECL’s Raniganj (South) block displays remarkable similarities with the Black-Warrior basin of USA where multiple coal seams with significant gas content and favourable permeability account for high productivity Raniganj (South) block is at the heart of West Bengal’s large and growing industrial centre