Lalit Jalan - Revision history

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{{EngvarB|date=September 2014}}
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{{BLP sources|date=November 2010}}
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{{Infobox person
| name = Lalit Jalan<ref>{{cite web|url=http://www.iitk.ac.in/dora/index.php?option=com_content&view=category&layout=blog&id=237&Itemid=406|title=Lalit Kumar Jalan|accessdate=18 September 2014|archive-url=https://web.archive.org/web/20140719232340/http://www.iitk.ac.in/dora/index.php?option=com_content&view=category&layout=blog&id=237&Itemid=406|archive-date=19 July 2014|url-status=dead}}</ref>
| image = Lalit Jalan.jpg
| birth_date = {{birth date and age|df=yes|1956|09|23}}
| birth_place = [[Kolkata]], West Bengal, India
| nationality = [[India]]n
| occupation = CEO of [[Reliance Infrastructure]] (20 August 2016 to 06 April 2019) <br> Chairman of BSES Delhi <br> Director of several firms (registered in Kolkata)
| spouse = Anita Jalan
| children = Akshay Jalan & Varun Jalan
| alma_mater = [[The Wharton School]] <br> [[Moore School of Engineering]] <br> [[Indian Institute of Technology Kanpur| IIT Kanpur]]
| website = {{URL|http://www.lalitjalan.in/lalitjalan/biography.html}}
}}

'''Lalit Jalan''' is the Advisor & former Chief Executive Officer of [[Reliance Infrastructure]], part of the [[Reliance Group|Reliance Anil Dhirubhai Ambani Group (ADAG)]], one of India's largest corporate houses.<ref>[http://economictimes.indiatimes.com/opinion/interviews/Reliance-Infra-plans-to-have-road-portfolio-of-Rs-20k-cr-by-2012/articleshow/5309073.cms "Reliance Infra plans to have road portfolio of Rs 20k cr by 2012"]</ref><ref>{{cite web|url=http://www.moneycontrol.com/annual-report/relianceinfrastructure/directors-report/RI38|title=Reliance Infrastructure Directors Report, Reliance Infra Reports by Directors|publisher=moneycontrol|accessdate=18 September 2014}}</ref><ref>{{cite web|url=http://zeenews.india.com/business/news/companies/rinfra-re-designates-lalit-jalan-as-ceo_46376.html|title=RInfra re-designates Lalit Jalan as CEO|accessdate=18 September 2014}}</ref><ref>{{cite web|url=http://article.wn.com/view/2012/04/23/Lalit_Jalan_redesignated_as_Reliance_Infra_CEO_9/|title=Lalit Jalan re-designated as Reliance Infra CEO |work=World News|accessdate=18 September 2014}}</ref> He is the Chairman of [[BSES Rajdhani Power Limited]] and [[BSES Yamuna Power Limited]] and serves as Director in several companies including Reliance Defence Ltd, which is associated with the [[Rafale deal controversy| Rafale deal]] between [[India]] and [[France]].

Apart from his major responsibilities in the Reliance group owned by [[Anil Ambani]], he is also a Director of several other firms which are from his native town [[Kolkata]], and some bear his family name "Jalan" including Jalan Brothers Private Limited, Jalan Properties Private Limited, Jalan Infosystems Private Limited, Jalan Reality Private Limited, Data Ware Private Limited, etc.

He continues to hold the post of Chairman of BSES Rajdhani and BSES Yamuna Power Limited, the [[electricity distribution]] companies in joint-venture with Government of NCT Delhi. <ref>[http://www.moneycontrol.com/news/business/lalit-jalan-to-be-chairmanbrplbypl-_277482.html Lalit Jalan to be Chairman of BRPL & BYPL]. moneycontrol</ref><ref>{{cite web|url=http://archive.indianexpress.com/news/bses-removes-ceo-appoints-separate-heads-for-two-companies/529503/|title=BSES removes CEO, appoints separate heads for two companies |work=The Indian Express |accessdate=18 September 2014}}</ref><ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2005-09-06/news/27476687_1_redressal-bses-yamuna-power-grievance|title=BSES Yamuna gets new CEO |work=The Economic Times|accessdate=18 September 2014}}</ref> [[R Infra|RInfra]] is one of India's largest integrated [[infrastructure]] company developing projects, through various [[Special-purpose entity|special purpose vehicles]], in several high growth areas in the infrastructure sector including power, roads, metro, airport, cement and EPC.<ref>
[http://www.rinfra.com/pdf/pressreleases/Media_Release_Pune-Parli_Transmission_line_18th_Nov_13.pdf]</ref>

==Personal life==
[[File:Lalit Jalan, CEO, Reliance Infrastructure 4.JPG|thumb|Lalit Jalan]]

Lalit Jalan was born in Kolkata in a [[Marwari people|Marwari]] family. He attended [[St. Xaviers School, Calcutta|St. Xaviers School]] during the early 1970s. Jalan now resides in [[Mumbai]] with his family which includes his parents, wife Anita, and two sons, who are also [[Wharton School of the University of Pennsylvania|Wharton]] graduates and handle his family business.<ref>
[http://www.financialexpress.com/news/-involve-children-in-sports.-when-you-play-a-sport-you-learn-to-build-a-great-team-/425207]</ref>

==Career==
Jalan started his career at [[General Electric]] as a Strategic Planner where he was mentored by [[Jack Welch]].<ref>[http://www.lalitjalan.in/Upload/Sh%20Lalit%20Jalan%20Interview%20-%20Building%20Foundations%20-%20Business%20India%204%20March%202012.pdf]</ref> After working there for two years, he returned to India and joined his own family venture Jalan Brothers, a distributor of plastic products.<ref>{{cite web|url=http://ipfindia.org/ShowMemberDirectoryDetails.aspx?mid=3194|title=Welcome To ipf Indian Plastics Federation|accessdate=18 September 2014|archive-url=https://web.archive.org/web/20141018075108/http://ipfindia.org/ShowMemberDirectoryDetails.aspx?mid=3194|archive-date=18 October 2014|url-status=dead}}</ref> in his hometown Kolkata. Jalan claims to have turned it into a Rs 250-crore business before acceding to his Wharton School classmate [[Anil Ambani|Anil Ambani's]] wish to join the Reliance Industries Limited. <ref>{{cite web|url=http://timesofindia.indiatimes.com/business/india-business/R-Infra-on-threshold-of-commissioning-most-projects/articleshow/18873896.cms|title=R-Infra on threshold of commissioning most projects |work=The Times of India|accessdate=18 September 2014}}</ref>

In 1995, Jalan joined Reliance Industries Limited (RIL) as the Head of [[Polypropylene]] Business. Jalan made the fastest ‘billion dollar hit’ in the industry by increasing business from zero to a billion dollars in 42 months with no prior experience in the [[Petrochemical|petrochemicals]] industry. He also served as Head of the E-business at RIL, where he initiated practices such as e-procurement and SAP within the group.<ref>[http://archives.digitaltoday.in/businesstoday/20020317/people.html]</ref>

Jalan has served Reliance Group in many roles, including serving as CEO of RInfra's Delhi power distribution company, where he reduced power theft from 55% and improved its operations. Jalan joined Reliance Industries Limited as Chief Executive Officer, [[Polypropylene]] Business in 1995. At 39, he was the youngest ever CEO at Reliance.<ref>{{cite web|url=http://www.epcworld.in/epcnews/infrastructure-will-drive-indias-growth-story.aspx|title=Infrastructure will drive India's Growth Story |work=EPC World|accessdate=18 September 2014}}</ref>

From 2003 onwards, Jalan has led Reliance Energy, a distribution company into the over Rs 23000 crore RInfra. Today RInfra is India's largest integrated infrastructure development firm with interests in power, roads, metros, airports, cement and other urban infrastructure projects with a turnover exceeding $4.5 billion.<ref>[http://mobiletoi.timesofindia.com/mobile.aspx?article=yes&pageid=20&sectid=edid=&edlabel=TOICH&mydateHid=09-03-2013&pubname=Times+of+India+-+Chennai&edname=&articleid=Ar02001&publabel=TOI]</ref>

He became CEO of [[Reliance Infrastructure]] on 20 August 2016 and resigned on 06 April 2019 due to his retirement. Since then, he is associated with R-Infra as Advisor under new CEO Punit Garg.

==Education==
Jalan studied [[Electrical engineering|Electrical Engineering]] at the [[Indian Institute of Technology Kanpur]] (IIT Kanpur) in 1979. He completed an MBA from [[Wharton School of the University of Pennsylvania| Wharton School]], [[University of Pennsylvania]] in 1981 and MS ([[Computer science|Computer Science]]) from [[Moore School of Electrical Engineering|Moore School of Engineering]]. In 2002, he was conferred with the distinguished alumnus award of IIT Kanpur for his outstanding managerial skills.<ref>{{cite web|title=Mr. Lalit Kumar Jalan/ EE 1979 |url=https://dora.iitk.ac.in/dora/lalit-jalan-profile}}</ref>

==Controversies==
New Delhi power distribution companies [[BSES Yamuna Power Limited|BSES Yamuna]] and BSES Rajdhani, for which Lalit Jalan has served as Chairman, have been the focus of controversies concerning [[Electricity meter|energy metering]],<ref>[http://www.derc.gov.in/ordersPetitions/orders/Tariff/Tariff%20Order/MYT_TO_07/distribution/Complete%20Order/BRPL.pdf]</ref> the frequent removal of CEOs and recent government-ordered audit, and the threat of Revocation of License and Non-Payment of dues to Power Suppliers like [[NTPC Limited|NTPC]].<ref>{{cite web|url=http://economictimes.indiatimes.com/industry/energy/power/ntpc-to-cut-supply-if-bses-fails-to-pay-dues-before-may-31-supreme-court/articleshow/34744713.cms|title=NTPC to cut supply if BSES fails to pay dues before May 31: Supreme Court|work=The Economic Times|accessdate=18 September 2014}}</ref><ref>{{cite web|url=http://timesofindia.indiatimes.com/city/delhi/Delhi-govt-asks-DERC-to-revoke-license-of-BSES-if-power-stopped/articleshow/29829117.cms|title=Delhi govt asks DERC to revoke license of BSES if power stopped|work=The Times of India|accessdate=18 September 2014}}</ref>

==Settlement with Indian Stock Market Regulator==
[[Securities and Exchange Board of India]] (sebi.gov.in) is the stock market regulator of India. It issued a consent order (no 426/2011 of 14 January 2011) directing [[Anil Ambani]] and others, including Lalit Jalan, to pay INR 250 million (approximately $6 million) to settle allegations they illegitimately used the funds from External Commercial Borrowings in the Indian stock market and without the applicant admitting or denying any charges or guilt.<ref>[http://www.sebi.gov.in/cms/sebi_data/attachdocs/1295931131519.pdf]</ref><ref>[http://www.sebi.gov.in/cms/sebi_data/attachdocs/1314357411160.pdf]</ref>

The legality of such consent order was contested in court, and the [[government of India]] passed "Securities Law Amendment Ordinance 2013" on 18 July 2013,<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2013-07-23/news/40749578_1_consent-orders-consent-process-sebi-act|title=Consent orders get legal sanctity as govt amends Sebi Act restospectively|work=The Economic Times|accessdate=18 September 2014}}</ref> which retroactively legalized 426/2011. As the stipulated period of six months had elapsed before the ordinance was approved and regularized in to an Act by the [[Parliament of India]] (House of Representatives), again on the recommendation of the Government of India, the [[President of India]] has re-promulgated the same ordinance on 15 January 2014, which must be passed by the parliament within six months.<ref>[http://www.thehindu.com/business/Industry/president-repromulgates-sebi-ordinance/article5848392.ece]</ref>

==References==
{{Reflist}}

==External links==
{{YouTube|OhBwZaH10GU|Sh. Lalit Jalan, CEO, Reliance Infrastructure – On Mumbai Power Tussle}}
* [http://www.financialexpress.com/news/-involve-children-in-sports.-when-you-play-a-sport-you-learn-to-build-a-great-team-/425207]
* [http://www.lalitjalan.in/Upload/Sh%20Lalit%20Jalan%20Interview%20-%20Building%20Foundations%20-%20Business%20India%204%20March%202012.pdf]
* [http://timesofindia.indiatimes.com/business/india-business/R-Infra-on-threshold-of-commissioning-most-projects/articleshow/18873896.cms]
* [http://archives.digitaltoday.in/businesstoday/20020317/people.html]
* [http://www.epcworld.in/epcnews/infrastructure-will-drive-indias-growth-story.aspx]
* [http://mobiletoi.timesofindia.com/mobile.aspx?article=yes&pageid=20&sectid=edid=&edlabel=TOICH&mydateHid=09-03-2013&pubname=Times+of+India+-+Chennai&edname=&articleid=Ar02001&publabel=TOI]
* [http://www.rinfra.com/]

{{Reliance Anil Dhirubhai Ambani Group}}

{{DEFAULTSORT:Jalan, Lalit}}
[[Category:Indian Institutes of Technology alumni]]
[[Category:Wharton School of the University of Pennsylvania alumni]]
[[Category:Indian bankers]]
[[Category:Rajasthani people]]
[[Category:1956 births]]
[[Category:Living people]]
[[Category:Businesspeople from Mumbai]]
[[Category:Reliance Group people]]

← Older revision		Revision as of 11:02, 2 January 2022
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	\| spouse = Anita Jalan		\| spouse = Anita Jalan
	\| children = Akshay Jalan & Varun Jalan		\| children = Akshay Jalan & Varun Jalan
	\| alma_mater = [[The Wharton School]] <br> [[Moore School of Engineering]] <br> [[Indian Institute of Technology Kanpur\| IIT Kanpur]]		\| alma_mater = [[The Wharton School]] <br> [[Moore School of Engineering]] <br> [[Indian Institute of Technology Kanpur\|IIT Kanpur]]
	\| website = {{URL\|http://www.lalitjalan.in/lalitjalan/biography.html}}		\| website = {{URL\|http://www.lalitjalan.in/lalitjalan/biography.html}}
	}}		}}

	'''Lalit Jalan''' is the Advisor & former Chief Executive Officer of [[Reliance Infrastructure]], part of the [[Reliance Group\|Reliance Anil Dhirubhai Ambani Group (ADAG)]], one of India's largest corporate houses.<ref>[http://economictimes.indiatimes.com/opinion/interviews/Reliance-Infra-plans-to-have-road-portfolio-of-Rs-20k-cr-by-2012/articleshow/5309073.cms "Reliance Infra plans to have road portfolio of Rs 20k cr by 2012"]</ref><ref>{{cite web\|url=http://www.moneycontrol.com/annual-report/relianceinfrastructure/directors-report/RI38\|title=Reliance Infrastructure Directors Report, Reliance Infra Reports by Directors\|publisher=moneycontrol\|accessdate=18 September 2014}}</ref><ref>{{cite web\|url=http://zeenews.india.com/business/news/companies/rinfra-re-designates-lalit-jalan-as-ceo_46376.html\|title=RInfra re-designates Lalit Jalan as CEO\|accessdate=18 September 2014}}</ref><ref>{{cite web\|url=http://article.wn.com/view/2012/04/23/Lalit_Jalan_redesignated_as_Reliance_Infra_CEO_9/\|title=Lalit Jalan re-designated as Reliance Infra CEO \|work=World News\|accessdate=18 September 2014}}</ref> He is the Chairman of [[BSES Rajdhani Power Limited]] and [[BSES Yamuna Power Limited]] and serves as Director in several companies including Reliance Defence Ltd, which is associated with the [[Rafale deal controversy\| Rafale deal]] between [[India]] and [[France]].		'''Lalit Jalan''' is the Advisor & former Chief Executive Officer of [[Reliance Infrastructure]], part of the [[Reliance Group\|Reliance Anil Dhirubhai Ambani Group (ADAG)]], one of India's largest corporate houses.<ref>[http://economictimes.indiatimes.com/opinion/interviews/Reliance-Infra-plans-to-have-road-portfolio-of-Rs-20k-cr-by-2012/articleshow/5309073.cms "Reliance Infra plans to have road portfolio of Rs 20k cr by 2012"]</ref><ref>{{cite web\|url=http://www.moneycontrol.com/annual-report/relianceinfrastructure/directors-report/RI38\|title=Reliance Infrastructure Directors Report, Reliance Infra Reports by Directors\|publisher=moneycontrol\|accessdate=18 September 2014}}</ref><ref>{{cite web\|url=http://zeenews.india.com/business/news/companies/rinfra-re-designates-lalit-jalan-as-ceo_46376.html\|title=RInfra re-designates Lalit Jalan as CEO\|accessdate=18 September 2014}}</ref><ref>{{cite web\|url=http://article.wn.com/view/2012/04/23/Lalit_Jalan_redesignated_as_Reliance_Infra_CEO_9/\|title=Lalit Jalan re-designated as Reliance Infra CEO \|work=World News\|accessdate=18 September 2014}}</ref> He is the Chairman of [[BSES Rajdhani Power Limited]] and [[BSES Yamuna Power Limited]] and serves as Director in several companies including Reliance Defence Ltd, which is associated with the [[Rafale deal controversy\|Rafale deal]] between [[India]] and [[France]].

	Apart from his major responsibilities in the Reliance group owned by [[Anil Ambani]], he is also a Director of several other firms which are from his native town [[Kolkata]], and some bear his family name "Jalan" including Jalan Brothers Private Limited, Jalan Properties Private Limited, Jalan Infosystems Private Limited, Jalan Reality Private Limited, Data Ware Private Limited, etc.		Apart from his major responsibilities in the Reliance group owned by [[Anil Ambani]], he is also a Director of several other firms which are from his native town [[Kolkata]], and some bear his family name "Jalan" including Jalan Brothers Private Limited, Jalan Properties Private Limited, Jalan Infosystems Private Limited, Jalan Reality Private Limited, Data Ware Private Limited, etc.

	He continues to hold the post of Chairman of BSES Rajdhani and BSES Yamuna Power Limited, the [[electricity distribution]] companies in joint-venture with Government of NCT Delhi. <ref>[http://www.moneycontrol.com/news/business/lalit-jalan-to-be-chairmanbrplbypl-_277482.html Lalit Jalan to be Chairman of BRPL & BYPL]. moneycontrol</ref><ref>{{cite web\|url=http://archive.indianexpress.com/news/bses-removes-ceo-appoints-separate-heads-for-two-companies/529503/\|title=BSES removes CEO, appoints separate heads for two companies \|work=The Indian Express \|accessdate=18 September 2014}}</ref><ref>{{cite web\|url=http://articles.economictimes.indiatimes.com/2005-09-06/news/27476687_1_redressal-bses-yamuna-power-grievance\|title=BSES Yamuna gets new CEO \|work=The Economic Times\|accessdate=18 September 2014}}</ref> [[R Infra\|RInfra]] is one of India's largest integrated [[infrastructure]] company developing projects, through various [[Special-purpose entity\|special purpose vehicles]], in several high growth areas in the infrastructure sector including power, roads, metro, airport, cement and EPC.<ref>		He continues to hold the post of Chairman of BSES Rajdhani and BSES Yamuna Power Limited, the [[electricity distribution]] companies in joint-venture with Government of NCT Delhi.<ref>[http://www.moneycontrol.com/news/business/lalit-jalan-to-be-chairmanbrplbypl-_277482.html Lalit Jalan to be Chairman of BRPL & BYPL]. moneycontrol</ref><ref>{{cite web\|url=http://archive.indianexpress.com/news/bses-removes-ceo-appoints-separate-heads-for-two-companies/529503/\|title=BSES removes CEO, appoints separate heads for two companies \|work=The Indian Express \|accessdate=18 September 2014}}</ref><ref>{{cite web\|url=http://articles.economictimes.indiatimes.com/2005-09-06/news/27476687_1_redressal-bses-yamuna-power-grievance\|title=BSES Yamuna gets new CEO \|work=The Economic Times\|accessdate=18 September 2014}}</ref> [[R Infra\|RInfra]] is one of India's largest integrated [[infrastructure]] company developing projects, through various [[Special-purpose entity\|special purpose vehicles]], in several high growth areas in the infrastructure sector including power, roads, metro, airport, cement and EPC.<ref>
	[http://www.rinfra.com/pdf/pressreleases/Media_Release_Pune-Parli_Transmission_line_18th_Nov_13.pdf]</ref>		[http://www.rinfra.com/pdf/pressreleases/Media_Release_Pune-Parli_Transmission_line_18th_Nov_13.pdf]</ref>

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	==Career==		==Career==
	Jalan started his career at [[General Electric]] as a Strategic Planner where he was mentored by [[Jack Welch]].<ref>[http://www.lalitjalan.in/Upload/Sh%20Lalit%20Jalan%20Interview%20-%20Building%20Foundations%20-%20Business%20India%204%20March%202012.pdf]</ref> After working there for two years, he returned to India and joined his own family venture Jalan Brothers, a distributor of plastic products.<ref>{{cite web\|url=http://ipfindia.org/ShowMemberDirectoryDetails.aspx?mid=3194\|title=Welcome To ipf Indian Plastics Federation\|accessdate=18 September 2014\|archive-url=https://web.archive.org/web/20141018075108/http://ipfindia.org/ShowMemberDirectoryDetails.aspx?mid=3194\|archive-date=18 October 2014\|url-status=dead}}</ref> in his hometown Kolkata. Jalan claims to have turned it into a Rs 250-crore business before acceding to his Wharton School classmate [[Anil Ambani\|Anil Ambani's]] wish to join the Reliance Industries Limited. <ref>{{cite web\|url=http://timesofindia.indiatimes.com/business/india-business/R-Infra-on-threshold-of-commissioning-most-projects/articleshow/18873896.cms\|title=R-Infra on threshold of commissioning most projects \|work=The Times of India\|accessdate=18 September 2014}}</ref>		Jalan started his career at [[General Electric]] as a Strategic Planner where he was mentored by [[Jack Welch]].<ref>[http://www.lalitjalan.in/Upload/Sh%20Lalit%20Jalan%20Interview%20-%20Building%20Foundations%20-%20Business%20India%204%20March%202012.pdf]</ref> After working there for two years, he returned to India and joined his own family venture Jalan Brothers, a distributor of plastic products.<ref>{{cite web\|url=http://ipfindia.org/ShowMemberDirectoryDetails.aspx?mid=3194\|title=Welcome To ipf Indian Plastics Federation\|accessdate=18 September 2014\|archive-url=https://web.archive.org/web/20141018075108/http://ipfindia.org/ShowMemberDirectoryDetails.aspx?mid=3194\|archive-date=18 October 2014\|url-status=dead}}</ref> in his hometown Kolkata. Jalan claims to have turned it into a Rs 250-crore business before acceding to his Wharton School classmate [[Anil Ambani\|Anil Ambani's]] wish to join the Reliance Industries Limited.<ref>{{cite web\|url=http://timesofindia.indiatimes.com/business/india-business/R-Infra-on-threshold-of-commissioning-most-projects/articleshow/18873896.cms\|title=R-Infra on threshold of commissioning most projects \|work=The Times of India\|accessdate=18 September 2014}}</ref>

	In 1995, Jalan joined Reliance Industries Limited (RIL) as the Head of [[Polypropylene]] Business. Jalan made the fastest ‘billion dollar hit’ in the industry by increasing business from zero to a billion dollars in 42 months with no prior experience in the [[~~Petrochemical\|petrochemicals~~]] industry. He also served as Head of the E-business at RIL, where he initiated practices such as e-procurement and SAP within the group.<ref>[http://archives.digitaltoday.in/businesstoday/20020317/people.html]</ref>		In 1995, Jalan joined Reliance Industries Limited (RIL) as the Head of [[Polypropylene]] Business. Jalan made the fastest ‘billion dollar hit’ in the industry by increasing business from zero to a billion dollars in 42 months with no prior experience in the [[petrochemical]]s industry. He also served as Head of the E-business at RIL, where he initiated practices such as e-procurement and SAP within the group.<ref>[http://archives.digitaltoday.in/businesstoday/20020317/people.html]</ref>

	Jalan has served Reliance Group in many roles, including serving as CEO of RInfra's Delhi power distribution company, where he reduced power theft from 55% and improved its operations. Jalan joined Reliance Industries Limited as Chief Executive Officer, [[Polypropylene]] Business in 1995. At 39, he was the youngest ever CEO at Reliance.<ref>{{cite web\|url=http://www.epcworld.in/epcnews/infrastructure-will-drive-indias-growth-story.aspx\|title=Infrastructure will drive India's Growth Story \|work=EPC World\|accessdate=18 September 2014}}</ref>		Jalan has served Reliance Group in many roles, including serving as CEO of RInfra's Delhi power distribution company, where he reduced power theft from 55% and improved its operations. Jalan joined Reliance Industries Limited as Chief Executive Officer, [[Polypropylene]] Business in 1995. At 39, he was the youngest ever CEO at Reliance.<ref>{{cite web\|url=http://www.epcworld.in/epcnews/infrastructure-will-drive-indias-growth-story.aspx\|title=Infrastructure will drive India's Growth Story \|work=EPC World\|accessdate=18 September 2014}}</ref>
Line 41:		Line 41:
	From 2003 onwards, Jalan has led Reliance Energy, a distribution company into the over Rs 23000 crore RInfra. Today RInfra is India's largest integrated infrastructure development firm with interests in power, roads, metros, airports, cement and other urban infrastructure projects with a turnover exceeding $4.5 billion.<ref>[http://mobiletoi.timesofindia.com/mobile.aspx?article=yes&pageid=20&sectid=edid=&edlabel=TOICH&mydateHid=09-03-2013&pubname=Times+of+India+-+Chennai&edname=&articleid=Ar02001&publabel=TOI]</ref>		From 2003 onwards, Jalan has led Reliance Energy, a distribution company into the over Rs 23000 crore RInfra. Today RInfra is India's largest integrated infrastructure development firm with interests in power, roads, metros, airports, cement and other urban infrastructure projects with a turnover exceeding $4.5 billion.<ref>[http://mobiletoi.timesofindia.com/mobile.aspx?article=yes&pageid=20&sectid=edid=&edlabel=TOICH&mydateHid=09-03-2013&pubname=Times+of+India+-+Chennai&edname=&articleid=Ar02001&publabel=TOI]</ref>

	He became CEO of [[Reliance Infrastructure]] on 20 August 2016 and resigned on 06 April 2019 due to his retirement. Since then, he is associated with R-Infra as Advisor under new CEO Punit Garg.		He became CEO of [[Reliance Infrastructure]] on 20 August 2016 and resigned on 6 April 2019 due to his retirement. Since then, he is associated with R-Infra as Advisor under new CEO Punit Garg.

	==Education==		==Education==
	Jalan studied [[Electrical engineering\|Electrical Engineering]] at the [[Indian Institute of Technology Kanpur]] (IIT Kanpur) in 1979. He completed an MBA from [[Wharton School of the University of Pennsylvania\| Wharton School]], [[University of Pennsylvania]] in 1981 and MS ([[Computer science\|Computer Science]]) from [[Moore School of Electrical Engineering\|Moore School of Engineering]]. In 2002, he was conferred with the distinguished alumnus award of IIT Kanpur for his outstanding managerial skills.<ref>{{cite web\|title=Mr. Lalit Kumar Jalan/ EE 1979 \|url=https://dora.iitk.ac.in/dora/lalit-jalan-profile}}</ref>		Jalan studied [[Electrical engineering\|Electrical Engineering]] at the [[Indian Institute of Technology Kanpur]] (IIT Kanpur) in 1979. He completed an MBA from [[Wharton School of the University of Pennsylvania\|Wharton School]], [[University of Pennsylvania]] in 1981 and MS ([[Computer science\|Computer Science]]) from [[Moore School of Electrical Engineering\|Moore School of Engineering]]. In 2002, he was conferred with the distinguished alumnus award of IIT Kanpur for his outstanding managerial skills.<ref>{{cite web\|title=Mr. Lalit Kumar Jalan/ EE 1979 \|url=https://dora.iitk.ac.in/dora/lalit-jalan-profile}}</ref>

	==Controversies==		==Controversies==