GPS Renewables, a leading clean energy company delivering climate-positive biofuel solutions, has announced the appointment of Parag Arvind Parikh as Chief Executive Officer of GPSR Arya and Group Chief Finance Officer of GPS Renewables.
Experienced Leadership Joins GPS Renewables
Parikh brings over 25 years of leadership experience across infrastructure sectors, including roads, ports, power, and clean energy. He has deep expertise in corporate finance, strategy, and business development, positioning him to guide GPS Renewables’ next phase of growth. Before joining GPS Renewables, Parikh served as Chief Finance Officer at Adani Total Gas, where he played a pivotal role in strategy formulation, joint venture governance, international financing, and scaling new energy ventures such as compressed biogas (CBG) and EV charging infrastructure.
Parikh’s Vision for GPSR Arya and the Group
Parikh remarked, “It is an exciting time to be joining GPS Renewables Group as it advances its ambitious goal of driving India’s energy transition. In my role as CEO of GPSR Arya, I look forward to scaling operations and contributing to Arya’s next phase of growth. As Group CFO, my focus will be on strengthening the company’s financial foundation to support its expansion strategy.”
Endorsement from GPS Renewables Leadership
Mainak Chakraborty, CEO and Co-Founder of GPS Renewables, commented, “Parag brings over 25 years of financial leadership experience in the infrastructure and energy space. His proven expertise and strategic clarity will be instrumental in advancing our growth story. I look forward to partnering with him in the journey ahead of GPS Renewables Group.”
GPS Renewables: Driving India’s Clean Energy Transition
Over the past decade, GPS Renewables has expanded into an 800-member organisation with strong capabilities in technology, engineering, project execution, and operations. The company is currently developing biogas projects with nearly $1 billion in capital outlay. It is also expanding into bioLNG, Green Methanol (GMe), and Sustainable Aviation Fuel (SAF).
Notable projects include:
*Asia’s largest municipal solid waste-based CBG plant in Indore
*World’s fastest-executed CBG plant in Barabanki
*Upcoming large-scale CBG complex in Kakinada with a capacity of ~70 tonnes per day
Strategic Partnerships and Investors
GPS Renewables has joint ventures with Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL), demonstrating strong industry collaboration. Its investor base includes Neev II (SBI Ventures, India), Sojitz Corporation, Samsung C&T, Triodos, and Caspian Impact Investments. This reflects broad confidence in the company’s sustainable energy strategy.
Strengthening the Path Ahead
Parag Parikh is now CEO of GPSR Arya and Group CFO of GPS Renewables. The company aims to scale operations, strengthen its financial foundation, and accelerate India’s clean energy transition. As reported by thecsruniverse.com, his combined expertise in strategy and finance will drive the company’s growth. He will focus on advancing biofuels and next-generation renewable technologies.
