 Varadarajan ATUR, Senior Financial Analyst, joined the South Asia Power group of the Bank in 1986 to assist in the financial analysis of operations in Bangladesh, Burma and Sri Lanka. As a key member of the team, he contributed to the development and adoption of electricity tariff policy in Bangladesh. In the Middle East and North Africa Region from 1987 he worked on the power sector in Turkey, where he designed and helped implement the financial restructuring of the public power utility and structured financing for a private sector hydro power project. Subsequently, in the Europe and Central Asia Region, he designed the Bank's assistance strategy for telecommunications in Bulgaria and Romania. Prior to joining the Bank, he had management and consulting experience in the engineering and chemical industries, as well as academic experience teaching in the graduate business school in India.
Current Work Program: Power sector reform and privatization in Romania, including electricity market and trading; privatization and liberalization of telecommunications in Bulgaria and Romania; design of energy efficiency program in Romania; promotion of renewable energy in Romania through carbon trading using the Prototype Carbon Fund.
Strengths: Sector strategy, including sector policy for restructuring, competition and privatization; structuring and finance with multiple/private financiers, working with diverse stake holders.
Education: B.Sc in Physics (1974) and MBA in Procurement & Contracting (1977) from Mysore, India; MBA in Finance & Investments (1990) from George Washington University, USA
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