Punjab Renewable Energy Systems Private Limited (PRESPL)
Lt Col Monish Ahuja (Retd) is currently the Managing Director of Punjab Renewable Energy Systems Private Limited (PRESPL). He is an alumnus of the prestigious National Defence Academy, Khadakwasla, Pune. He is holding the following degrees in education proficiency: • Post Graduate (M.Tech) in Nuclear Technology from Bhabha Atomic Research Centre in 2006. • Bachelor of Technology (B.Tech) in Mechanical Engineering from JNU in 2002, • Bachelor of Science (B.Sc) from JNU in 1994. In a short span with the understanding of the Biomass IPPs and biomass supply chain management, he set up the first of its kind biomass fuel aggregation and supply company Punjab Renewable Energy Systems Private Limited (PRESPL). The company has grown from a start up to INR 18 Crores Turnover Company in 5xYears time and having closed its first round of PE investment from Zurich based Impact PE- responsAbility in 2013. This is a big force multiplier to support biomass IPPs, process industry boilers, cogeneration plants and other industry using biomass as a feedstock.
Lt Col Monish Ahuja (Retd) is known in the Biomass fraternity as a dedicated and knowledgeable leader. He has been advocating the barriers faced by Biomass Project Developers at various seminars and forums and has been instrumental in impressing MNRE (Ministry of New and Renewable Energy Sources, India) towards the cause of biomass power plants.