Gamble of the week: Clean energy provider

India's rickety power network plunged millions into darkness recently. That spells opportunity for this clean energy specialist, says Paul Hill.

India's rickety power network collapsed twice recently, plunging 600 million people into darkness, halting hundreds of trains and crippling communications nationwide. The blackouts were the worst in a generation and highlighted the urgent need to expand the country's dilapidated electricity grid.

Hydroelectricity accounts for about 20% of the country's installed generators. Reservoir levels have dropped alarmingly because of the weak monsoon rains so far this year, so India's power woes are set to mount in the coming months. This is where Greenko comes in.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.