GSERENEWABLES: EMPOWERING COMPANIES WITH FINANCIAL SUPPORT IN RENEWABLE VITALITY
After turning intothe market's favourite child, India has bagged a staggering rank of the fourthmost attractive renewable energy market internationally and is all set toambitiously set its targets high for the approaching years.
At present, afavourable contribution to the growing demand for renewable energy in thecountry is being cemented with the continuous ascent in the rate ofurbanisation, economic growth, and prosperity. The prospects of investmentsafter the sector bagging the 'white category' classification has augmented andthe corridor for green energy has opened up opportunities for several brandslooking to make a difference in the sustainable energy sector ensuring safe,rationale and fertile investments with healthy returns.
Integrating highestpersonal efforts by being second to none, GSE Renewables in this boomingindustry of renewable energy has surpassed the competition with nicheconsultancy and investment bank services, advising clients with projectselection, financing, due diligence, and overall project management in theRenewable energy sector. Under the wise leadership of Sahil Kejriwal, ManagingDirector, the company laid its foundation in 2016 to deliver renewablesolutions.
Since the time ofinception, the company has been supporting clients with project selection,financing, due diligence, and overall project management in the renewableenergy sector. The company offers investment banking and development servicesto large corporate houses encouraging the process of 'Going Green' in terms oftheir power consumption. The team at GSE strives to find appropriate financialsolutions to funding these projects.
THE MAN BEHIND THE BRAND
Sahil Kejriwal, Managing Director, introduced a novelconcept by establishing this firm with great insights on solar technology.Because of his innovative mind and excellent guidance, the firm adeptly blendsthe clean & sustainable renewable energy solutions with its investmentrationale. Sahil, an alumnus of Carnegie Mellon University, holds a 'Double Majors'in Business Administration and specialization in Robotics and CorporateFinance. Sahil kick-started his career with McKinsey & Company as amanagement consultant in the US post which he returned and joined his familybusiness as the Managing Director.
Before GSE, Sahil'sfamily business was focused on footwear manufacturing and dealt with offlineand online players like Rigel, Centro, Myntra, Flipkart, and Amazon. Later, GSEreinaugurated itself as a family investment company for renewable energy andsince then has flourished to a full-fledged renewable energy developmentbusiness bagging the title of one of the bests.
RATIONALE BEHIND THE IDEA
Sahil, a fourth-generation entrepreneur in the family, has beenassociated with the business for a long time. He always wanted to create valuein the world and at the same time allow himself to take risks, following whichhe picked the business path, over working for another company.
Sahil further adds, "The main reason for selectingrenewable 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 Renewablesresolves the issues related to the necessity of green energy for businesshouses seeking the same and craft innovative solutions for companies at a lowcost. One of the differentiating factors that make GSE Renewables stand out inthe market is that it provides financial solutions regardless of the size ofthe company like SMEs, for which they grant great investment solutions,including self-funding their projects.
CRUNCH ON THE WAY
Convincing peopleto 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 ofquality services and delivery.
"Fighting with the big boys at the beginning was oneof the biggest challenges. When you begin, you are a small player lackingexperience, management backup and right capitalisation for your organization tofund projects and deliver service. Furthermore, getting the right man-force andlack of funding are two common obstacles for start-ups that we suffered", Sahilexplains.
MEASURES OF SUCCESS & CLIENTELE
Sahil believes thatout of 100% the idea is always 1% and execution is 99%. Having a right andmotivated team; good execution of projects, and having the strength to fall andstand up again are the most essential aspects of achieving results anddeveloping the company successfully. The clientele includes large businesshouses and private equity players. GSE's team focuses on building arelationship while ensuring maximum results; it is the number one factor whyclients keep bouncing back or never leave.
TEAM AND AREA OF EXPANSION
GSE Renewables hasa proficient team of 20 management professionals with over a decade ofexpertise in engineering, project management, consulting in the renewableenergy sector. This is because of the dedication and excellence of the teamthat the company's revenue doubled this year. They have three offices in totalrespectively at Delhi, Jaipur, and Mumbai (Bombay) and are expecting two newoffices.
INSPIRATION & JOURNEY
Because of hisunique ideology and thought process, Sahil doesn't believe in following theroad most taken. He is one of those entrepreneurs who have paved their path tosuccess taking ahead the legacy passed on through generations and hasefficiently led to growth.
"I am fortunate enough to have a family and anenvironment where I received a good education and great exposure to thebusiness. 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 hasbeen filled with persistence, perseverance, and hard work," recollects Sahil.
THE TEAM, CORPORATE CULTURE & FUTURE PLANS
Sahil emphasizes, "One of the key factors of having amotivated team is transparency. Apart from a good combination of proper goalsetting, healthy conversations on a monthly and quarterly basis and working asa family to achieve a common goal are some other driving forces."
GSE Renewables islooking to progress aggressively over the next few years; it is currentlymajorly focused on services for rooftop solar units and is now planning to headtowards solar firms which will support in boosting the turnover of the companyand make it a stronger player. The managing director enlightened and addedfurther about the plan to set up water as a vertical in their company, whichwill play a crucial role in STET (Switch Treatment and Effluent Treatment).
THE CORE TEAM
"GSE Renewables is committed tofacilitating investment in renewable energy that is clean and sustainable, tobusiness houses. Our work at GSER is focused on everything Renewable"