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GSE RENEWABLES: EMPOWERING COMPANIES WITH FINANCIAL SUPPORT IN RENEWABLE VITALITY

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GSE RENEWABLES: EMPOWERING COMPANIES WITH FINANCIAL SUPPORT IN RENEWABLE VITALITY

After turning into the market’s favourite child, India has bagged a staggering rank of the fourth most attractive renewable energy market internationally and is all set to ambitiously set its targets high for the approaching years. 

At present, a favourable contribution to the growing demand for renewable energy in the country is being cemented with the continuous ascent in the rate of urbanisation, economic growth, and prosperity. The prospects of investments after the sector bagging the ‘white category’ classification has augmented and the corridor for green energy has opened up opportunities for several brands looking to make a difference in the sustainable energy sector ensuring safe, rationale and fertile investments with healthy returns. 

Integrating highest personal efforts by being second to none, GSE Renewables in this booming industry of renewable energy has surpassed the competition with niche consultancy and investment bank services, advising clients with project selection, financing, due diligence, and overall project management in the Renewable energy sector. Under the wise leadership of Sahil Kejriwal, Managing Director, the company laid its foundation in 2016 to deliver renewable solutions. 

Since the time of inception, the company has been supporting clients with project selection, financing, due diligence, and overall project management in the renewable energy sector. The company offers investment banking and development services to large corporate houses encouraging the process of ‘Going Green’ in terms of their power consumption. The team at GSE strives to find appropriate financial solutions to funding these projects. 

THE MAN BEHIND THE BRAND

Sahil Kejriwal, Managing Director, introduced a novel concept by establishing this firm with great insights on solar technology. Because of his innovative mind and excellent guidance, the firm adeptly blends the clean & sustainable renewable energy solutions with its investment rationale. Sahil, an alumnus of Carnegie Mellon University, holds a ‘Double Majors’ in Business Administration and specialization in Robotics and Corporate Finance. Sahil kick-started his career with McKinsey & Company as a management consultant in the US post which he returned and joined his family business as the Managing Director.

Before GSE, Sahil’s family business was focused on footwear manufacturing and dealt with offline and online players like Rigel, Centro, Myntra, Flipkart, and Amazon. Later, GSE reinaugurated itself as a family investment company for renewable energy and since then has flourished to a full-fledged renewable energy development business bagging the title of one of the bests.

RATIONALE BEHIND THE IDEA 

Sahil, a fourth-generation entrepreneur in the family, has been associated with the business for a long time. He always wanted to create value in the world and at the same time allow himself to take risks, following which he picked the business path, over working for another company. 

Sahil further adds, “The main reason for selecting renewable field is because we truly wanted to make a difference in the world, and we found Green-tech or green energy as the best option for it.” 

RESOLVING PROBLEMS AND CREATING IMPACT 

GSE Renewables resolves the issues related to the necessity of green energy for business houses seeking the same and craft innovative solutions for companies at a low cost. One of the differentiating factors that make GSE Renewables stand out in the market is that it provides financial solutions regardless of the size of the company like SMEs, for which they grant great investment solutions, including self-funding their projects. 

CRUNCH ON THE WAY

Convincing people to do business with the company was one of the biggest challenges GSE faced, given that they were still solidifying their grounds in the market in terms of quality services and delivery. 

 “Fighting with the big boys at the beginning was one of the biggest challenges. When you begin, you are a small player lacking experience, management backup and right capitalisation for your organization to fund projects and deliver service. Furthermore, getting the right man-force and lack of funding are two common obstacles for start-ups that we suffered”, Sahil explains.

MEASURES OF SUCCESS & CLIENTELE 

Sahil believes that out of 100% the idea is always 1% and execution is 99%. Having a right and motivated team; good execution of projects, and having the strength to fall and stand up again are the most essential aspects of achieving results and developing the company successfully. The clientele includes large business houses and private equity players. GSE’s team focuses on building a relationship while ensuring maximum results; it is the number one factor why clients keep bouncing back or never leave. 

TEAM AND AREA OF EXPANSION

GSE Renewables has a proficient team of 20 management professionals with over a decade of expertise in engineering, project management, consulting in the renewable energy sector. This is because of the dedication and excellence of the team that the company’s revenue doubled this year. They have three offices in total respectively at Delhi, Jaipur, and Mumbai (Bombay) and are expecting two new offices. 

INSPIRATION & JOURNEY

Because of his unique ideology and thought process, Sahil doesn’t believe in following the road most taken. He is one of those entrepreneurs who have paved their path to success taking ahead the legacy passed on through generations and has efficiently led to growth. 

 “I am fortunate enough to have a family and an environment where I received a good education and great exposure to the business. But getting success is no piece of cake. It needs a lot of hard work, innumerable late-nights, and a lot of persistence. All in all, my journey has been filled with persistence, perseverance, and hard work,” recollects Sahil.

THE TEAM, CORPORATE CULTURE & FUTURE PLANS 

Sahil emphasizes, “One of the key factors of having a motivated team is transparency. Apart from a good combination of proper goal setting, healthy conversations on a monthly and quarterly basis and working as a family to achieve a common goal are some other driving forces.”

GSE Renewables is looking to progress aggressively over the next few years; it is currently majorly focused on services for rooftop solar units and is now planning to head towards solar firms which will support in boosting the turnover of the company and make it a stronger player. The managing director enlightened and added further about the plan to set up water as a vertical in their company, which will play a crucial role in STET (Switch Treatment and Effluent Treatment).

THE CORE TEAM

  • Bharat Kotak, Head-Business Development and Operations. He is taking GSE Renewables on higher latitude with his expertise and industry knowledge. He holds a total of 20 years of experience and comes with a very commercial mind. 
  • Prateek Yadav, An alumnus of New York Institute of Technology, he is the senior finance professional at GSE Renewables. A master in financial aspects, he focuses on all the financing solutions to growing the company. 
  • Naresh Bazzar, Co-founder & Business Development head, he joined the company as an intern and today he is on the leading position. Naresh leads the business development team and is involved in efficiently explaining clients and the advantages of solar. Naresh is armed with a Bachelor of Law degree from the University of Mumbai. 
  • Anilesh Kapoor, Head-Human Capital and Strategy, leads all the HR & Strategic activities in the organization. Anilesh holds a Master’s Degree in HR and has 14 years of experience in various leadership roles across industries and functions.

“GSE Renewables is committed to facilitating investment in renewable energy that is clean and sustainable, to business houses. Our work at GSER is focused on everything Renewable”

Sahil Kejriwal

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