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Diptiranjan Mahapatra
Faculty
Contact Information
diptiranjanm@iimsambalpur.ac.in
Diptiranjan Mahapatra, an IIM Ahmedabad graduate, is in the Policy and Strategic Management Area at IIM Sambalpur. His research interest is interdisciplinary and at the intersection of Strategy, Public Policy, and Economics. He is especially interested in State-owned Enterprises (SoEs); Political economy of the Energy market; Energy & Climate Modeling; M&A; Antitrust issue in Platform Economy; Street level Bureaucrats; and Environmental Jurisprudence. Besides teaching, he is also involved with the Rapid Switch project at the Andlinger Center, Princeton University (https://acee.princeton.edu/rapidswitch/people/).
Prior to joining IIM Sambalpur, he was a founding faculty and spearheaded the business school initiative of the Adani Group. ln the recent past, Diptiranjan also worked as a scientific staff with Brookhaven National Laboratory, Department of Energy (DoE), USA, and was involved in one carbon capture and sequestration (CCS) project (https://netl.doe.gov/sites/default/files/event-proceedings/2012/Carbon%20Storage%20RD%20Project%20Review%20Meeting/Fitts-PrincetonDEFE0000749_FittsPeters_15Aug12.pdf. His pre-doctoral work includes almost a decade of project management experience in the Infrastructure & Energy sector, mostly with Reliance lndustries Limited.
Prior to joining IIM Sambalpur, he was a founding faculty and spearheaded the business school initiative of the Adani Group. ln the recent past, Diptiranjan also worked as a scientific staff with Brookhaven National Laboratory, Department of Energy (DoE), USA, and was involved in one carbon capture and sequestration (CCS) project (https://netl.doe.gov/sites/default/files/event-proceedings/2012/Carbon%20Storage%20RD%20Project%20Review%20Meeting/Fitts-PrincetonDEFE0000749_FittsPeters_15Aug12.pdf. His pre-doctoral work includes almost a decade of project management experience in the Infrastructure & Energy sector, mostly with Reliance lndustries Limited.
Current Teaching :
Strategic Management – MBA Core
Nonmarket Strategy (NMS) – MBA Elective
Managing Platform Business – MBA Elective
Seminar course in Strategic Management – Doctoral Core
Seminar course in Public Policy – Doctoral Core
Past Teaching :
Strategic Management
Managing Business in Emerging Market
Infrastructure Policy and Regulation
Managing Energy Business
Land and Environment Management
Environment and Natural Resource Economics
Taught as Guest Faculty at the Indian Institute of Management Ahmedabad (IIMA) for “Managing Energy Business” course for PGP / PGPX in 2013, 2014, 2015
Visiting faculty at the Indian Institute of Management Udaipur (IIMU) Indian Institute of Management Indore (IIMI) for “Managing Infrastructure Business” course
Strategic Management – MBA Core
Nonmarket Strategy (NMS) – MBA Elective
Managing Platform Business – MBA Elective
Seminar course in Strategic Management – Doctoral Core
Seminar course in Public Policy – Doctoral Core
Past Teaching :
Strategic Management
Managing Business in Emerging Market
Infrastructure Policy and Regulation
Managing Energy Business
Land and Environment Management
Environment and Natural Resource Economics
Taught as Guest Faculty at the Indian Institute of Management Ahmedabad (IIMA) for “Managing Energy Business” course for PGP / PGPX in 2013, 2014, 2015
Visiting faculty at the Indian Institute of Management Udaipur (IIMU) Indian Institute of Management Indore (IIMI) for “Managing Infrastructure Business” course
White Paper
RESEARCH
Energy for Sustainable Development, Volume 83, 101583, ISSN 0973-0826,https://doi.org/10.1016/j.esd.2024.101583.
Mahapatra, D., Roy, K., & Saha, B. (2024). Tata Steel’s Acquisition of Bhushan Steel: Steeling the Competition. Vikalpa, 49(2), 167-180.https://doi.org/10.1177/02560909231223351
Patel, Minakshi & Arora, Pratham & Singh, Rhythm & Mahapatra, Diptiranjan & Chaturvedi, Vaibhav & Kumar Saini, Santosh, (2024). "Impact of battery swapping in the passenger sector: EV adoption, emissions, and energy mix," Energy, Elsevier, vol. 298(C). https://doi.org/10.1016/j.energy.2024.131393
Bhardwaj, S., Mahapatra, D., Behl, A., Pereira, V., & Shankar, A. (2023). Underrated yet successful! A framework of invisible-disabled underdog entrepreneurs. Journal of Business Research, 168, Article 114199. https://doi.org/10.1016/j. jbusres.2023.114199
Mahapatra, D., Khurana, S., Karna, A., (2023) 'Mahanagar Gas Limited (MGL): In Search of New Growth Avenues To Gas It Up', https://hbsp.harvard.edu/product/A00498-PDF-ENG?Ntt=Mahanagar%20Gas%20Limited%20(MGL)%3A%20In%20search%20of%20new%20growth%20avenues%20to%20gas%20it%20uphttps://indianpsu.com/iim-ahmedabad-includes-case-study-on-mahanagar-gas-limited-in-their-curriculum/
Prusty SK, Mahapatra D. (2021) Demand smoothing response by street-level bureaucrats (SLB) in delivering public services during COVID-19 scenario: A system dynamics modeling study. J Public Affairs. 2021;e2633. https://doi.org/10.1002/pa.2633
Mahapatra, D., Katiyar, R., Parida, R., & Kumar, D., (2020) A fuzzy multi-criteria approach for evaluating the contribution of freight transportation towards India’s Nationally Determined Contributions (NDCs), International Journal of Production Research, DOI: 10.1080/00207543.2020.1743891
Mahapatra, D., Sindhi, S., and Tripathy, A. (2020). “ India’s Renewables Commitments: A Political Risk Assessment ”, In Janardhanan, Nandakumar, Chaturvedi, Vaibhav (Eds.) “Renewable Energy Transition in Asia: Governance, Policies and Politics”, Palgrave Macmillan (Springer) https://www.palgrave.com/gp/book/9789811589041#aboutBook
Garg S, Mahapatra D., (2018) Hybrid annuity model: Hamming risk allocations in Indian highway public–private partnerships. Journal of Public Affairs.
Garg S, Mahapatra D., (2017), Opportunism Galore: The Case of Delhi–Gurgaon Super Connectivity Limited, in JoãoLeitão , Elsa de MoraisSarmento , JoãoAleluia(ed.) The Emerald Handbook of Public–Private Partnerships in Developing and Emerging Economies, pp.489 – 512. https://www.emeraldinsight.com/doi/abs/10.1108/978-1-78714-493-420171018
Garg, A., Shukla, P.R., Kankal, B., & Mahapatra, D., (2017), “CO2 emission in India: trends and management at sectoral, sub-regional and plant levels, Carbon ManagementExpert reviewer/country expert for the book ‘Emissions Trading in Practice: A Handbook on Design and Implementation’ officially launched in Zurich in April 2016. https://openknowledge.worldbank.org/bitstream/handle/10986/23874/ETP.pdf
Mahapatra, D. and Shukla, P R, (2015). “Environment and Natural Resource Policy in India”, In ShunsukeManagi, eds., “Handbook of Environmental Economics in Asia”; Routledge. http://www.routledge.com/books/details/9780415656450/
Mahapatra, D.,Shukla, P R, & Dhar, S., (2012).”External Cost of Coal Based Electricity Generation: A tale of Ahmadabad city”, Energy Policy
Garg, A., Maheshwari, J., Mahapatra, D., &Kumar, S., (2011). “Economic and environmental implications of demand-side management options”, Energy Policy
Shukla, P R, & Mahapatra, D., (2011). “Dynamic Life-Cycle Analysis of India’s Electricity System”, International Energy Journal
Shukla, P R, Dhar, S., & Mahapatra, D., (2008). “Low-carbon society scenarios for India”. Climate Policy Life cycle cost and Electricity market equilibrium: A policy assessment for India, IEEE conference proceedings on EEM 08 – 5th International Conference on the European Electricity Market
Mahapatra, D R, P Yadav, & M Brem (2006). “Transfer Pricing Issues in Emission Trading: An overview”. BNA International, Tax Planning International Transfer Pricing
Case Writing
Case: Mahapatra, D., and Thapliyal, S., (2020). Odisha Mining Corporation Or Niyam Raja: Who Is The King Of Forest? IIM Indore Case repository
Mahapatra, D., Dholakia, R. (2015). Are Public Sector Monopolies Benign – The Case of Coal India Ltd. http://cases.iimahd.ernet.in/index.php/are-public-sector-monopolies-benign-the-case-of-coalindia-ltd.html (With Teaching Note) Indian Institute of Management Ahmedabad (IIMA) Case Reference PSG0117
Mahapatra, D., Dholakia, R. (2014). Natural Gas Pricing in India, Indian Institute of Management Ahmedabad (IIMA) Case Reference ECO0353. http://cases.iimahd.ernet.in/index.php/natural-gaspricing-in-india.html# (with Teaching Note)
ETCO. 2024. A New Economic Transition Framework for Jobs, Growth, and Sustainability in Odisha. A White Paper by Economic Transition Coalition Odisha (ETCO). Council on Energy, Environment and Water (CEEW), Indian Institute of Management (IIM) Sambalpur, and Center for Global Sustainability, University of Maryland (CGS, UMD), USA. https://www.ceew.in/publications/framework-for-sustainable-development-and-jobs-growth-by-economic-transition-coalition-odisha
RESEARCH
Baishya, S., Karna, A., Mahapatra, D., Kumar, S., & Mukherjee, D. (2025). Dynamic managerial capabilities: A critical synthesis and future directions. Journal of Business Research, 186, 115015, https://www.sciencedirect.com/science/article/pii/S0148296324005198
Patel, M., Singh, R., Arora, P., Mahapatra, D., (2024), EV adoption in India: barriers and policy solutions from manufacturers' and consumers' perspectives,
Energy for Sustainable Development, Volume 83, 101583, ISSN 0973-0826,https://doi.org/10.1016/j.esd.2024.101583.
Bhardwaj, S., Jain, V., Mahapatra, D. and Sindhwani, R. (2024), Exploring the Dark Side of AI and Its Influence on Consumer Emotion. J Consumer Behav. https://doi.org/10.1002/cb.2431
Vaibhav Chaturvedi et al., (2024) , India's pathway to net zero by 2070: status, challenges, and way forward, https://iopscience.iop.org/article/10.1088/1748-9326/ad7749, Environ. Res. Lett. 19 112501
Mahapatra, D., Roy, K., & Saha, B. (2024). Tata Steel’s Acquisition of Bhushan Steel: Steeling the Competition. Vikalpa, 49(2), 167-180.https://doi.org/10.1177/02560909231223351
Patel, Minakshi & Arora, Pratham & Singh, Rhythm & Mahapatra, Diptiranjan & Chaturvedi, Vaibhav & Kumar Saini, Santosh, (2024). "Impact of battery swapping in the passenger sector: EV adoption, emissions, and energy mix," Energy, Elsevier, vol. 298(C). https://doi.org/10.1016/j.energy.2024.131393
Bhardwaj, S., Mahapatra, D., Behl, A., Pereira, V., & Shankar, A. (2023). Underrated yet successful! A framework of invisible-disabled underdog entrepreneurs. Journal of Business Research, 168, Article 114199. https://doi.org/10.1016/j. jbusres.2023.114199
Mahapatra, D., Khurana, S., Karna, A., (2023) 'Mahanagar Gas Limited (MGL): In Search of New Growth Avenues To Gas It Up', https://hbsp.harvard.edu/product/A00498-PDF-ENG?Ntt=Mahanagar%20Gas%20Limited%20(MGL)%3A%20In%20search%20of%20new%20growth%20avenues%20to%20gas%20it%20uphttps://indianpsu.com/iim-ahmedabad-includes-case-study-on-mahanagar-gas-limited-in-their-curriculum/
Prusty SK, Mahapatra D. (2021) Demand smoothing response by street-level bureaucrats (SLB) in delivering public services during COVID-19 scenario: A system dynamics modeling study. J Public Affairs. 2021;e2633. https://doi.org/10.1002/pa.2633
Mahapatra, D., Katiyar, R., Parida, R., & Kumar, D., (2020) A fuzzy multi-criteria approach for evaluating the contribution of freight transportation towards India’s Nationally Determined Contributions (NDCs), International Journal of Production Research, DOI: 10.1080/00207543.2020.1743891
Mahapatra, D., Sindhi, S., and Tripathy, A. (2020). “ India’s Renewables Commitments: A Political Risk Assessment ”, In Janardhanan, Nandakumar, Chaturvedi, Vaibhav (Eds.) “Renewable Energy Transition in Asia: Governance, Policies and Politics”, Palgrave Macmillan (Springer) https://www.palgrave.com/gp/book/9789811589041#aboutBook
Garg S, Mahapatra D., (2018) Hybrid annuity model: Hamming risk allocations in Indian highway public–private partnerships. Journal of Public Affairs.
Garg S, Mahapatra D., (2017), Opportunism Galore: The Case of Delhi–Gurgaon Super Connectivity Limited, in JoãoLeitão , Elsa de MoraisSarmento , JoãoAleluia(ed.) The Emerald Handbook of Public–Private Partnerships in Developing and Emerging Economies, pp.489 – 512. https://www.emeraldinsight.com/doi/abs/10.1108/978-1-78714-493-420171018
Garg, A., Shukla, P.R., Kankal, B., & Mahapatra, D., (2017), “CO2 emission in India: trends and management at sectoral, sub-regional and plant levels, Carbon ManagementExpert reviewer/country expert for the book ‘Emissions Trading in Practice: A Handbook on Design and Implementation’ officially launched in Zurich in April 2016. https://openknowledge.worldbank.org/bitstream/handle/10986/23874/ETP.pdf
Mahapatra, D. and Shukla, P R, (2015). “Environment and Natural Resource Policy in India”, In ShunsukeManagi, eds., “Handbook of Environmental Economics in Asia”; Routledge. http://www.routledge.com/books/details/9780415656450/
Mahapatra, D.,Shukla, P R, & Dhar, S., (2012).”External Cost of Coal Based Electricity Generation: A tale of Ahmadabad city”, Energy Policy
Garg, A., Maheshwari, J., Mahapatra, D., &Kumar, S., (2011). “Economic and environmental implications of demand-side management options”, Energy Policy
Shukla, P R, & Mahapatra, D., (2011). “Dynamic Life-Cycle Analysis of India’s Electricity System”, International Energy Journal
Shukla, P R, Dhar, S., & Mahapatra, D., (2008). “Low-carbon society scenarios for India”. Climate Policy Life cycle cost and Electricity market equilibrium: A policy assessment for India, IEEE conference proceedings on EEM 08 – 5th International Conference on the European Electricity Market
Mahapatra, D R, P Yadav, & M Brem (2006). “Transfer Pricing Issues in Emission Trading: An overview”. BNA International, Tax Planning International Transfer Pricing
Case Writing
Case: Mahapatra, D., and Thapliyal, S., (2020). Odisha Mining Corporation Or Niyam Raja: Who Is The King Of Forest? IIM Indore Case repository
Mahapatra, D., Dholakia, R. (2015). Are Public Sector Monopolies Benign – The Case of Coal India Ltd. http://cases.iimahd.ernet.in/index.php/are-public-sector-monopolies-benign-the-case-of-coalindia-ltd.html (With Teaching Note) Indian Institute of Management Ahmedabad (IIMA) Case Reference PSG0117
Mahapatra, D., Dholakia, R. (2014). Natural Gas Pricing in India, Indian Institute of Management Ahmedabad (IIMA) Case Reference ECO0353. http://cases.iimahd.ernet.in/index.php/natural-gaspricing-in-india.html# (with Teaching Note)
Research and Consulting Projects
Control of Thalassemia & Sickle Cell Disease in Odisha in collaboration with IIPH Gandhinagar and CMC Vellore, 2022
Economic Transition Coalition for Odisha (ETCO), in collaboration with School of Public Policy, UMD, College Park USA and CEEW, New Delhi, 2021
Rapid Switch project at the Andlinger Center, Princeton University (https://acee.princeton.edu/rapidswitch/people/ ), 2019
Natural Gas Pricing, Utilization and Infrastructure, CII Ahmedabad, 2010-11
Basin-Scale Leakage Risks from Geologic Carbon Sequestration: Impact on Carbon Capture and Storage Energy Market Competitiveness; https://netl.doe.gov/sites/default/files/event-
proceedings/2012/Carbon%20Storage%20RD%20Project%20Review%20Meeting/
Fitts-PrincetonDEFE0000749_FittsPeters_15Aug12.pdf
Brookhaven National Laboratory, Deptt of Energy, USA, 2011-12
Japan–UK Low-Carbon Society project, https://lcs-rnet.org/topics-top
Ministry of Env, Japan, 2008-09
Cost assessment for sustainable energy systems (CASES) under the Sixth Framework Programme European Union, 2007-08
https://cordis.europa.eu/project/id/518294
Asia-Pacific Network (APN) for Global Change Research, 2006-07
https://www.apn-gcr.org/wp-content/uploads/2020/09/c1f89937a76b7b6798d1f4c7be5d0262.pdf
Executive Development Program
Initiated, coordinated and taught at the “Adani Young Leadership Program (AYLP)” for Adani Group, 2024
Initiated, coordinated and taught at the “Top Management Programme on Business Strategy & Leadership” for Adani Group CEOs, held in collaboration with University of Liverpool Management School and European Business School, Frankfurt in 2010, 2013, and 2016
Invited to teach at Emerging Leadership Program for Reliance Industries Executive program at Indian Institute of Management Kozhikode (IIMK) from 21st April – 28th April, 2015
Control of Thalassemia & Sickle Cell Disease in Odisha in collaboration with IIPH Gandhinagar and CMC Vellore, 2022
Economic Transition Coalition for Odisha (ETCO), in collaboration with School of Public Policy, UMD, College Park USA and CEEW, New Delhi, 2021
Rapid Switch project at the Andlinger Center, Princeton University (https://acee.princeton.edu/rapidswitch/people/ ), 2019
Natural Gas Pricing, Utilization and Infrastructure, CII Ahmedabad, 2010-11
Basin-Scale Leakage Risks from Geologic Carbon Sequestration: Impact on Carbon Capture and Storage Energy Market Competitiveness; https://netl.doe.gov/sites/default/files/event-
proceedings/2012/Carbon%20Storage%20RD%20Project%20Review%20Meeting/
Fitts-PrincetonDEFE0000749_FittsPeters_15Aug12.pdf
Brookhaven National Laboratory, Deptt of Energy, USA, 2011-12
Japan–UK Low-Carbon Society project, https://lcs-rnet.org/topics-top
Ministry of Env, Japan, 2008-09
Cost assessment for sustainable energy systems (CASES) under the Sixth Framework Programme European Union, 2007-08
https://cordis.europa.eu/project/id/518294
Asia-Pacific Network (APN) for Global Change Research, 2006-07
https://www.apn-gcr.org/wp-content/uploads/2020/09/c1f89937a76b7b6798d1f4c7be5d0262.pdf
Executive Development Program
Initiated, coordinated and taught at the “Adani Young Leadership Program (AYLP)” for Adani Group, 2024
Initiated, coordinated and taught at the “Top Management Programme on Business Strategy & Leadership” for Adani Group CEOs, held in collaboration with University of Liverpool Management School and European Business School, Frankfurt in 2010, 2013, and 2016
Invited to teach at Emerging Leadership Program for Reliance Industries Executive program at Indian Institute of Management Kozhikode (IIMK) from 21st April – 28th April, 2015