Bengaluru, October 07, 2025: GPS Renewables, a leading renewable oil and gas company offering technology and project solutions for climate-positive biofuel projects, has announced the appointment of Parag Arvind Parikh as Chief Executive Officer of GPSR Arya, its asset platform, and Group Chief Finance Officer of GPS Renewables.
Parikh brings over 25 years of leadership experience across infrastructure sectors including roads, ports, power, and clean energy, with expertise in corporate finance, strategy, and business development. Prior to joining GPS Renewables, he served as Chief Finance Officer at Adani Total Gas, where he played a key role in strategy formulation, joint venture governance, international financing, and scaling new energy businesses such as compressed biogas (CBG) and EV charging infrastructure.
Commenting on his appointment, Parag Parikh said, “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 working with the team to scale the operations and contribute to Arya’s next phase of growth. As Group CFO, my focus will be on strengthening the company’s financial foundation to support its growth strategy.”
Mainak Chakraborty, CEO and Co-Founder, GPS Renewables, added, “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.”
Over the past decade, GPS Renewables has grown into an 800-member organisation with capabilities in technology, engineering, project execution, and operations. The company is currently developing biogas projects with a capital outlay of nearly USD 1 billion and expanding its focus into bioLNG, Green Methanol (GMe), and Sustainable Aviation Fuel (SAF).
Its notable projects include Asia’s largest municipal solid waste-based CBG plant in Indore, the world’s fastest-executed CBG plant in Barabanki, and an upcoming large-scale CBG complex in Kakinada with a capacity of approximately 70 tonnes per day. GPS Renewables also has joint ventures with Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL) and counts among its investors Neev II (SBI Ventures, India), Sojitz Corporation, Samsung C&T, Triodos, and Caspian Impact Investments.