Vineet Mittal, Chairperson, Avaada Group
- Vineet is the chairperson of the Avaada group.
- He founded Welspun Energy and successfully monetized the company to Tata Power in 2016.
Podcast
Overview
In this episode of “The Brand Called You,” Vineet Mittal, Chairperson of the Avaada Group shares his remarkable journey from launching internet services in India to founding Welspun Energy and monetizing it to Tata Power. Now, as the head of Avaada Group, he is spearheading the green energy revolution in India. Vineet discusses the challenges and opportunities in the renewable energy sector, the innovative sand-to-silicon strategy, and the critical role of decarbonizing India’s energy grid. His insights provide a compelling vision for a sustainable and prosperous future.
00:35- About Vineet Mittal
- Vineet is the chairperson of the Avaada group.
- He founded Welspun Energy and successfully monetized the company to Tata Power in 2016.
- His notable recognitions amongst so many others include the prestigious Solar Man of the Year Award.
- He’s a fellow member of the YPO.
12:42- What strategies do you employ to manage and mitigate risks in the renewable energy marketplace?
- Establish a dedicated department to understand and navigate regulatory aspects, continuously learn global policy nuances, and engage with multilateral agencies for a broader impact.
- Create a reliable and self-sufficient supply chain to mitigate dependency on other countries, especially highlighted post-COVID.
- The transition from a green energy company to a fully integrated energy company, controlling the entire production process from raw materials to green fuel, reducing dependency and enhancing sustainability.
23:30- What would you say are three lessons from your journey, that you want a lot of our young viewers and listeners to take away?
- The purpose of life is to find joy and fulfillment, influenced by cultural teachings and family values.
- Value the lessons of gratitude to parents, preservation of nature, giving back to society, and being indebted to teachers and country.
- Achieve success by believing in yourself, being thankful to those who helped you, and maintaining humility.
RESOURCES:
Learn more about Vineet Mittal: LinkedIn
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Profile
- Vineet is the chairperson of the Avaada group.
- He founded Welspun Energy and successfully monetized the company to Tata Power in 2016.
- His notable recognitions amongst so many others include the prestigious Solar Man of the Year Award.
- He’s a fellow member of the YPO.