CBM World Speaker Profile: Prashant Modi

Speaker Profile: Prashant Modi, President & Chief Operating Officer, Great Eastern Energy Corporation (GEECL)
January 14th, 2009

Prashant Modi is currently the President & Chief Operating Officer of Great Eastern Energy Corporation Limited (GEECL). He has been associated with the company since its inception. GEECL is the pioneer in the field of coal-bed methane gas exploration in India. The concession area is in the Raniganj coal fields near the city of Asansol in the state of West Bengal.

Mr. Modi is responsible for the day-to-day operations of GEECL, and was also the driving force behind the successful listing of the company on London’s AIM (Alternative Investment Market) exchange in December, 2005. This led to GEECL attaining the distinction of being the first privately held Indian company to be listed on AIM of the London Stock Exchange.

Currently Mr. Modi is also engaged in getting methane exploration projects included in the list of projects entitled to earn Carbon Credits under the UN’s Kyoto Protocol. He’s on the Environment Task Force committee of the Federation of Indian Chamber of Commerce and Industry (FICCI)

Mr. Modi joined the YK Modi Group as a full time employee in 1996. He was the head of Business Development at Rossell Industries Limited, and at the same time was nurturing GEECL. Mr. Modi was also involved in the restructuring and subsequent highly successful sale of Rossell Industries Limited to Unilever. Rossell Industries Limited is an Indian company with tea plantations in the north eastern state of Assam. Prior to joining the YK Modi Group, Mr. Modi worked with ANZ Bank and Qualcomm Incorporated. In 1996, he was involved in the project finance division of ANZ Bank, London, UK. Prior to that, in 1995, he worked in the international accounting and finance division of Qualcomm Inc, San Diego, USA.

Mr. Modi did his schooling from St. Columba’s School, New Delhi, India where he majored in management. Thereafter, he received a Bachelor of Science in Business Administration from Boston University, USA with a major in Finance.

Mr. Modi subsequently undertook Executive Education courses from Harvard Business School, USA; one in Finance, and another on Launching New Ventures.

Further information on GEECL can be obtained at www.geecl.com

CoalBed Methane World 2009 Jakarta Speaker
Day 1 - Tuesday, March 10
11:40 Overcoming CBM Hurdles - Operators’ Perspective
India - CBM Experience

CBM WORLD conference sets the stage for discussion on the technical, environmental, financial and regulatory issues affecting CBM development in Asia Pacific & across the world. The conference facilitates limitless opportunities to network with industry leaders, regulators and government officials from Asia-Pacific and the world.

Great Eastern Energy Corporation / GEECL