The RENOM Journey
Championing Sustainability and Innovation in Renewable Energy
In a world grappling with the alarming consequences of climate change, the renewable energy industry stands as a beacon of hope. While this industry has made significant strides in the right direction, it still faces challenges that require innovative solutions. One such pioneer in this space is RENOM Energy Services, the energy arm of Sanjay Ghodawat Group. This is the inspiring story of how RENOM is making waves as India’s only Independent Service Provider (ISP) to manage wind turbines of all five technologies.
UNVEILING RENOM ENERGY SERVICES
In an era plagued by environmental concerns, the energy industry stands at a crossroads. The need for clean, renewable energy solutions has never been more pressing. RENOM is a company dedicated to harnessing the power of wind turbines to fuel India’s sustainable future. Established under the umbrella of the Sanjay Ghodawat Group, RENOM is a unique operation and maintenance company with a singular focus: delivering quality services through innovative practices.
With a portfolio that boasts 16 brands and 34 models of wind turbines, encompassing a staggering 2050 MW across seven states and 58 locations in India, RENOM is more than just a service provider; it’s a renewable energy champion. Their extensive clientele includes both global and Indian Independent Power Producers (IPPs) such as Acciona Energy, Alfanar Energy & Renewables, Apraava, Hero Future, Tata Power, Torrent, and many more.
A SPECTRUM OF SERVICES
The heart of RENOM’s operation lies in its comprehensive range of services. They offer complete operation and maintenance services for wind turbine generators and solar plants, but that’s not all. The company also excels in managing substations, and internal and external lines, and provides asset management services to ensure optimal performance.
What sets RENOM apart is its in-house Electronic Repair Service (ERS) Center, located in Pune. This state-of-the-art facility can efficiently repair and service various electronic components, including PCBs, SRBs, controllers, and solar inverters with minimal turnaround time.
A VISION AND MISSION BEYOND THE ORDINARY
To grasp the essence of RENOM’s journey, one must understand its vision and mission. The vision is as ambitious as it is noble: “To be the most preferred Independent Service Provider (ISP) for the customers in the global renewable energy market space.” The mission encapsulates the very essence of sustainability: “Improving asset efficiency with effective maintenance for sustainable growth.”
RIDING THE WAVES OF SATISFACTION
In the domain of renewable energy, it’s not just business; it’s a moral commitment. The most satisfying aspect of venturing into this field, according to Mr. Shrenik, is being part of a team that combats climate change, sustains the environment, and drives the world towards a net-zero future.
CUSTOMER TRUST: A CORNERSTONE OF SUCCESS
At the heart of RENOM’s remarkable success is an unwavering commitment to trust. The company places the highest value on customer relationships, embodying this through key principles:
First, RENOM’s unyielding dedication to customer interests takes precedence in their ethos, ensuring the utmost commitment to their clients. Second, transparency is the cornerstone of their success, with open, honest, and transparent relationships cultivated with clients. Furthermore, they actively seek and act upon customer feedback, embracing a culture of continuous improvement. Lastly, RENOM ensures accessibility around the clock, ensuring clients are never left wanting, further cementing their reputation as a reliable and trustworthy service provider.
NAVIGATING THE PANDEMIC WITH STRATEGY
The pandemic disrupted industries worldwide, and the renewable energy sector was no exception. RENOM, however, managed to adapt and thrive. They relocated their asset maintenance teams closer to wind parks, providing them with independent accommodation to ensure the isolation of their teams from the public. This strategy enabled RENOM to continue serving their customers without disruptions, ensuring essential power generation during the pandemic.
The company’s digitized platform proved invaluable during the crisis, allowing for remote asset management and control. This proactive approach guaranteed that RENOM’s clients’ renewable assets continued to operate seamlessly despite the chaos outside.
THE DIFFERENTIATING FACTOR
What sets RENOM apart is its end-to-end service with an in-house team for every activity, whether it’s a major repair, blade service, or analytics. As a multi-brand ISP, they can handle any make of turbine, eliminating the need for multiple service providers. Their digitized operations enable proactive asset management and, in the future, will aid in predicting and reducing downtime for major components.
BUILDING A TEAM OF EXPERTS
Building a competent team is crucial in any industry, and in the renewable energy sector, where skilled human resources are often scarce, it’s even more critical. Mr. Shrenik shares his approach:
“The top and middle management teams are hand-picked and skilled, with trustworthiness being a key criterion. Middle management, in turn, selects their teams based on the necessary technical and interpersonal skills.”
Recognizing the need for skilled personnel, RENOM has collaborated with institutions under the central government’s skill development program, employing individuals after their training. The company also provides in-house inter-technology training to expand the team’s skill set and adapt to different technology platforms.
THE ROLE OF INNOVATION
Innovation, for Mr. Shrenik and RENOM, is about enhancing ideas to yield higher output and improved service processes. They are relentlessly focused on process innovation, a crucial aspect of their success as a multi-technology service provider. By continually evolving their processes, RENOM ensures that they can thrive in any business environment.
EMBRACING TECHNOLOGY AND R&D
With a keen focus on the digitization of processes and the use of real-time and historical data from assets, RENOM harnesses technology for predictive maintenance and issue resolution. This approach allows them to act on problems before they escalate, ensuring that their clients’ renewable energy assets operate at peak efficiency.
THE IMPACT OF WORK CULTURE
A company’s work culture can significantly impact its growth and success. In RENOM, work culture is not just a set of policies but a way of life. Many of the processes and procedures are developed by the team members themselves, fostering a sense of ownership and unity. This collective effort and shared responsibility drive the company’s success.
A LEGACY OF ACHIEVEMENTS
RENOM Energy Services has carved a remarkable legacy of achievements in the renewable energy sector. Notably, they hold the distinction of being India’s only Independent Service Provider (ISP) to manage wind turbines of all five technologies. Over the years, their commitment to excellence has earned them several accolades, including the 2018 Silver award for Wind Turbine Service and Maintenance of the Year, and the 2020 Re-Asset Management Award for Asset Management Turnkey Services in Wind and Solar.
In 2021, they were honored as the Company of the Year in O&M (Wind Turbine – Multi Technology), and in 2022, they were recognized for their EHS Management Initiatives. Their outstanding contributions were further validated in 2023 when they received the Business Excellence Award. These accolades stand as a testament to their dedication, innovation, and unwavering commitment to the renewable energy cause. As RENOM Energy Services looks ahead, they remain poised to continue their trailblazing journey towards a sustainable future.
WORDS OF WISDOM
Mr. Shrenik leaves aspiring entrepreneurs and our readers with a few pearls of wisdom: “Self-belief is the one which will drive to run such a challenging business at challenging times like a pandemic. Empower your team in decision-making; they may make mistakes, but ensure they learn from them. Never give up!”
In an industry that embodies the promise of a sustainable future, RENOM Energy Services and its Director Mr. Shrenik, serve as a shining example of innovation, dedication, and unwavering commitment to environmental preservation. With a vision that spans the globe and a legacy of excellence, they are leading the way in renewable energy services and inspiring the next generation of entrepreneurs to follow in their footsteps.
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