PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.)

📍 Navi Mumbai, India🗓 Founded 2011👥 13 employees💰 Last funded Oct 2019
Renewables & Environment🌐 prespl.com
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Our Country is at a cusp of imbibing a herculean Renewable Energy drive and mandatory regulations will step up as we strive to achieve goals towards the Paris Agreement on Climate Change. Punjab Renewable Energy Systems Private Limited (PRESPL) is a Pioneering Lead in the Biomass-based Bio-Energy Sector in India with Lt Col Monish Ahuja (Retd) being the bedrock of this Entrepreneural Endeavour which began in 2011. Currently, on our Team, we have approximately 150 persons on direct payroll and more than 2000 people are also connected in direct business through a Village Level Entrepreneur (VLE) Model; a Rural-Economy Biased Model, especially conceived, designed and practiced by PRESPL and now propagated to all connected to us and other concerned agencies in the Bio-Energy Sector. Our efforts are focused on Biomass-based Bio-Energy Sector and we bring in all elements of Sustainable Development Goals through our projects; including financial inclusion, double-income for farmers, negate carbon emissions, rural development and bringing in better environment with reduced use of fossil fuels etc. We are a Board-Governed Corporate Entity with global equity investors / shareholders, namely; responsAbility (rA), Zurich {Director Mr Akshay Dua), SBI NEEV Fund (State Bank of India, SBI Caps, SIDBI & DFID UK) {Director Mr Akshay Panth} and Shell {Director being Nominated} with Directors Mr R Sudhakar Rao and Mr Nandan Agrawal. PRESPL has five business verticals as follows: - (a) Biomass Supply. (b) Biomass Briquettes with forays being made towards Pelleting. (c) Steam at Cost (O&M Service for clients). (d) BOOT Projects (Set up Boiler on BOOT basis for clients) (e) Consultation with Biomass Assessment Studies & Bio-Energy projects. KMPs of PRESPL. (a) Lt Col Monish Ahuja (Retd), MD (b) Colonel Rohit Dev (Retd), Chief Operating Officer (c) Colonel Sumeet Malhan, SM (Retd), Chief Technology Operations Officer (d) Mr Unnikrishnan, CFO (e) Ms Disha Varma, Company Secretary
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Total investors
0
Early stage
0
Mid stage
2
Late stage
2011
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
India
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Frequently asked questions
Who invested in PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.)?
PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) has 2 investors on record on gritt.io and 2 late-stage investors.
When did PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) last raise funding?
The most recent investment in PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) recorded on gritt.io was in October 2019.
When was PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) founded?
PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) was founded in 2011.
What industry is PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) in?
PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) operates in Renewables & Environment. Find similar Renewables & Environment investors on gritt.io.
Where is PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) based?
PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) is headquartered in Navi Mumbai, India.