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GPS Renewables, the world’s largest biogas engineering company, has appointed Homai Ardeshir Daruwalla, the former Chairman and Managing Director of Central Bank of India, as an Independent Director on its board.
Currently, Daruwalla serves as an independent director at Vizag Seaport Pvt Ltd., Reliance Financial Ltd. and Reliance Securities Ltd.
Daruwalla's different role-
She has also served on the boards of several other companies, including Triveni Engineering and Industries Ltd., Triveni Turbines Ltd., NTPC Ltd., Gammon Infrastructure, IIFL AMC Ltd., Jai Prakash Associates Ltd., and Meliora Asset Reconstruction Co. Ltd.
She has held several key positions, including Chairperson and 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.
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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 strengthen their mission further.”
Mainak Chakraborty, CEO and Co-Founder, of 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.”
About GPS Renewables
Based in Bengaluru, GPS Renewables is a biofuels company providing technology and project solutions for climate-positive biofuel projects.
Initially focused on captive biogas plants, GPS Renewables has grown to build some of the world’s largest RNG plants. In 2022, the company launched GPSR Arya Pvt Ltd ("ARYA"), a fully owned subsidiary, to manage Build-Own-Operate (BOO) projects, furthering its climate impact goals.
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