Mr Basant Jain, MD & CEO, Mahindra Susten shared his thoughts with Echo on the future of Mahindra Susten and his vision for next decade
I see Susten as a company which has the potential to become a global player in Renewable Energy. This business can grow to an extent that we can't even imagine, because of its sheer potential. What is really required is to stay relevant and contemporary, to keep adopting new technologies, and to stay ahead of the curve. Over the last few years, there has been a lot of focus on technology and innovation, whether it is a hybrid project or a project on any kind of strata or any kind of terrain – we call it Terraform.
I see a massive role for a system integrator going forward. This capability seems simple, on the face of it, but it's not. It involves a good deal of engineering, and with hybrid storage coming in, the complexities will only increase. I see Mahindra Susten being poised to take advantage of this trend. If India, continues to install say, ~15 Gigawatts per annum, which seems to be the case, there's no reason why Susten should not manage to do about 3 GW out of this total number, or offer world class system integration capabilities to developers, which will enable them to operate top class, high-performing power plants.
Similarly, having built the best quality plants, they need to be maintained to get true economic value out of them over the long term. And this is where our sister company, Mahindra TEQO, comes into the picture. TEQO offers high quality Operations & Maintenance, asset management and analytics services, and currently manages over 4.5 GW of solar assets.