GPS Renewables, the world’s largest biogas engineering company, has appointed Homai Ardeshir Daruwalla, former Chairman and Managing Director of Central Bank of India, as an Independent Director to its board.
Homai Ardeshir Daruwalla currently serves as an independent director at Vizag Seaport Pvt Ltd., Reliance Financial Ltd., Reliance Securities Ltd. She has previously served on the board of Triveni Engineering and Industries Ltd., Triveni Turbines Ltd., NTPC Ltd., Gammon Infrastructure project Ltd., IIFL AMC Ltd., Jai Prakash Associates Ltd., and Meliora Asset ReconstructionCo. Ltd., and many others She has held several notable positions, including chairperson & managing director at Central Bank of India from 2005 to 2008, chairman at The Zoroastrian Co-operative Bank Ltd., executive director at Oriental Bank of Commerce Ltd., and general manager at Union Bank of India.
Commenting on the appointment, Mainak Chakraborty, CEO and Co-Founder, GPS Renewables said, “ As GPS Renewables continues to create a larger impact in the bioenergy sector in India, we will undoubtedly benefit from the expertise of those with rich experience in growing businesses across different industries. Homai is one such name. Her extensive experience and leadership acumen will provide invaluable insights to help us amplify our efforts and drive greater impact”
Commenting on her appointment, Homai Ardeshir Daruwalla, said, “I am excited to join the board of GPS Renewables, a company that has demonstrated remarkable growth and innovation over the past decade. Their impactful work in the biofuels industry has positioned them as a leader in driving India’s clean energy transition. I look forward to sharing my insights with the team to further strengthen their mission”
About GPS Renewables
Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.
