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Reading: An Interview with Akshay Kashyap, MD of Greenfuel Power Options
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StockWaves > Business > An Interview with Akshay Kashyap, MD of Greenfuel Power Options
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An Interview with Akshay Kashyap, MD of Greenfuel Power Options

StockWaves By StockWaves Last updated: August 15, 2025 12 Min Read
An Interview with Akshay Kashyap, MD of Greenfuel Power Options
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An Unique Interview with Mr. Akshay Kashyap, Managing Director of Greenfuel Power Options, India’s Tier 1 provider of inexperienced mobility and clear power optionsAre you able to share your journey to turning into the managing director of Greenfuel Power Options and what impressed your ardour for renewable power?How has the renewable power panorama modified because you based Greenfuel and what developments do you foresee within the coming years?Are you able to focus on any revolutionary tasks or applied sciences that Greenfuel is presently engaged on?What challenges do you face in selling sustainable power options and the way do you overcome them?How do you make sure that Greenfuel stays aggressive within the quickly evolving power sector?What recommendation would you give to younger entrepreneurs seeking to enter the renewable power market?

An Unique Interview with Mr. Akshay Kashyap, Managing Director of Greenfuel Power Options, India’s Tier 1 provider of inexperienced mobility and clear power options

Meet Mr. Akshay Kashyap, Managing Director of Greenfuel Power Options Pvt. Ltd.—India’s Tier 1 provider on the forefront of inexperienced mobility and clear power innovation.

Underneath his management, Greenfuel has pioneered scalable options for CNG, LNG, and EV parts, powering the nation’s transition to sustainable transportation.

Are you able to share your journey to turning into the managing director of Greenfuel Power Options and what impressed your ardour for renewable power?

Akshay Kashyap: My journey started with a strong basis in mechanical engineering from the Florida Institute of Expertise and my early expertise in compliance engineering in USA.

Working throughout world markets uncovered me to precision manufacturing and innovation-driven ecosystems. However it was throughout my return to India that I acknowledged a rising want and alternative for indigenous inexperienced mobility options.

In 2006, I based Greenfuel with a capital of ₹40 lakhs and a crew of six individuals. The imaginative and prescient was easy but daring: to speed up India’s transition to wash power options.

Coming from a lineage of Indian entrepreneurs my forefather created the enduring Globe geometry containers, which impressed me to construct one thing enduring and impactful.

It was this imaginative and prescient, that impressed me to be set up Greenfuel in 2006, and immediately we’re a tier 1 provider to all of the main OEMs, we’ve efficiently crossed the income of INR 300 crore and immediately we make use of over 300 individuals in our firm.

What drives me is a deep perception that expertise can remedy among the world’s hardest local weather challenges and India’s intention to achieve net-zero by 2070.

How has the renewable power panorama modified because you based Greenfuel and what developments do you foresee within the coming years?

Akshay Kashyap: We have now a seen a shift from diesel/petrol automobiles to CNG and now EV vehicles/bikes. Going ahead, we’ll see Hydrogen primarily based industrial automobiles operating on streets.

Personally, I’m fairly bullish on Inexperienced Hydrogen as it’s going to be our future gasoline. Authorities of India has set formidable targets of putting in 500 GW non-fossil electrical energy capability by 2030, turning into an power impartial nation by 2047 and attaining Internet Zero by 2070. 

Inexperienced hydrogen can substitute fossil fuels in laborious–to-abate sectors. Subsequently, Govt. of India has goals to make India a ‘world hub’ for utilizing, producing and exporting inexperienced hydrogen.

By the yr 2030, this Mission targets growth of inexperienced hydrogen manufacturing capability of at the very least 5 MMT (Million Metric Tonne) each year with an related renewable power capability addition of about 125 GW within the nation.

Going ahead, I additionally see dominant developments shaping within the Battery Power Storage Techniques (BESS) area to help grid stability, working in tandem with renewable power storage to create a extra resilient energy ecosystem.

India is certainly poised to be a clear power powerhouse, and Greenfuel is dedicated to serving to construct that future.

Are you able to focus on any revolutionary tasks or applied sciences that Greenfuel is presently engaged on?

Akshay Kashyap: We’re presently engaged on a number of revolutionary tasks comparable to:

  1. CNG: Underneath our CNG section, we’ve not too long ago developed and deployed our very first CNG dispenser at Haryana Metropolis Fuel’ flagship station in Gurugram. We’re additionally engaged on supplying our station options to export markets, and have patented modular programs for Small Industrial Autos (SCVs) to additional increase our choices.
  2. E-Mobility: Underneath our E-mobility section we our engaged on clever battery pack for e-rickshaw, which is able to present + 35% extra mileage to an e-rickshaw driver thus enabling the motive force to ‘Run extra and earn extra’.
  3. BESS: Underneath our BESS section we’re engaged on hybrid dwelling inverter li-ion battery, which is able to supply photo voltaic integration, CAN communication and will likely be parallel to as much as 15 batteries.  Together with that we’re additionally engaged on ESS rack (10kWh to 5MWh) and ESS container (5MWh onwards), which will likely be utilized in BTM (Again of the Meter), FTM (Entrance of the Meter), C&I renewables, and utilities.

What challenges do you face in selling sustainable power options and the way do you overcome them?

Akshay Kashyap: Once we began our journey again in 2006, selling sustainable power options was an uphill activity. Consciousness was restricted, adoption was largely pushed by authorities mandates, and early deployments have been principally confined to buses and three-wheelers.

The native conversion market existed, however the high quality of merchandise and installations was usually subpar, which created hesitation amongst potential customers.

Because of my background within the sector, we made training our first precedence—each for purchasers and business stakeholders.

We invested effort and time in demonstrating the long-term financial and environmental advantages of fresh power options, breaking down technical ideas into easy, relatable phrases.

From there, we targeted on upgrading system specs to match and even exceed worldwide benchmarks. We constructed reliability into our high-pressure programs, making certain that security and efficiency have been non-negotiable.

By adopting world requirements in engineering, manufacturing, and testing, we created merchandise that prospects may belief—assembly each Indian and worldwide security norms.

Over time, this mixture of training, technical excellence, and safety-first design helped shift perceptions.

Clients started to see sustainable power not simply as a compliance requirement, however as a sensible, long-term funding. That’s how we overcame the early challenges and constructed a basis for wider adoption within the years to return.

How do you make sure that Greenfuel stays aggressive within the quickly evolving power sector?

Akshay Kashyap: Remaining aggressive within the quickly evolving power sector requires a deep dedication to steady innovation, operational agility, and customer-centric pondering—and that’s precisely what drives Greenfuel.

We’re probably the most skilled within the area, with a 19+ yr legacy of offering inexperienced mobility and clear power options.

Until date, we’ve offered greater than 10 million fuel gasoline parts, which have collectively travelled over 80 billion kilometres with zero defects.

We’re additionally the one firm within the CNG area that gives options throughout SCV (Small Industrial Autos), LCV (Gentle Industrial Autos), HCV (Heavy Industrial Autos) and passenger vehicles.

At our core, we make investments closely in R&D and superior engineering capabilities to remain forward of the curve. Be it inexperienced mobility or clear power options, our focus is on designing options that aren’t solely technologically superior but additionally tailor-made to the distinctive wants of the Indian market.

One other key side is our give attention to high quality and buyer expertise. From design to deployment, we observe world finest practices in manufacturing, security, and repair supply.

This ensures that our prospects not solely get cutting-edge expertise but additionally a reliable, long-term accomplice.

We nurture a tradition of agility inside the group. The power sector is dynamic, and having the ability to pivot shortly, adapt to coverage modifications, and scale up quickly provides us a robust aggressive edge.

At Greenfuel, we don’t simply react to alter—we anticipate, adapt, and lead, making certain we keep on the forefront of India’s clear power transformation.

What recommendation would you give to younger entrepreneurs seeking to enter the renewable power market?

Akshay Kashyap: To younger entrepreneurs aspiring to enter the renewable power area, my recommendation is straightforward: Be purpose-driven, however keep grounded in execution.

The renewable power sector holds immense promise—not simply as a enterprise alternative, however as a platform to create lasting impression. Nonetheless, it is usually an area that calls for deep technical understanding, endurance, and resilience.

Success doesn’t come in a single day; it requires navigating coverage uncertainties, lengthy gross sales cycles, and the problem of constructing belief in a comparatively new ecosystem.

Begin by figuring out an actual downside—one thing that’s not simply trending, however actually wants fixing. Whether or not it’s bettering power entry, storage, effectivity, or infrastructure—give attention to how your resolution can create measurable worth.

Secondly, construct with scalability and sustainability in thoughts. Don’t simply chase innovation for the sake of novelty—guarantee your services or products can work at scale, with clear economics and long-term viability.

Additionally, keep curious and collaborate. Renewable power is a multidisciplinary area—it brings collectively engineering, environmental science, coverage, finance, and behavioral change.

Encompass your self with individuals who problem and complement your abilities, and don’t hesitate to study from business veterans, prospects, and even opponents.

Lastly, keep in mind that on this business, integrity and credibility are every thing. Constructing clear options additionally means operating a clear enterprise—ethically, transparently, and responsibly.

The highway forward is crammed with alternative, and India wants daring, dedicated entrepreneurs greater than ever. In the event you can mix ardour with persistence, the renewable power sector won’t solely welcome you—it is going to reward you.

Mr. Kashyap’s imaginative and prescient and drive proceed to place Greenfuel Power Options as a pacesetter in India’s clear power revolution. His dedication to innovation and excellence ensures the corporate shapes a greener, extra sustainable future for Indian mobility.



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