Indian Institute of Management Calcutta (IIMC), one ofIndia’s premier institutes for management,released a business case study in collaboration with Mytrah Energy,anindependent power producer in renewable energy with the largest wind bank data in India.
The study developed through detailed interviews with the leadership team at Mytrah Energy is set in the background of the renewable energy market in India and its existing challenges. The case study captures critical business decisionstaken by Mr. Ravi Kailas, founder of Mytrah Energy and also outlines the company’s journey from its inception to its emergence as a dominant player in the business. Severalaspects such as the processes deployed by the company’s founders to select the wind sector as their focus area, the initial fund raising process, the challenges faced in this effort and methods used to resolve them and steps taken to diversify have been discussed at length in the case-study.
Speaking on the collaboration, Mr. VikramKailas, MD, Mytrah Energy,said, “As part of our on-going engagement with academia in India and abroad, I am delighted to have IIM Calcuttaon board with us for this business case study which effectively maps Mytrah’s journeyfrom being astart-up in a fifteen-year old industry to its present avatar of being a dominant industry player. Today we have achieved excellent operational momentum in both wind and solar which has developed Mytrah into a well-diversified renewable energy business. The case study offers a stimulating business case scenario for the student fraternity to study and analyse the way forward for the company amid atransitory industry landscape.”
Commenting on the initiative by IIM Calcutta, Dr. Indranil Bose, Professor of Management Information Systems & Coordinator of IIM Calcutta Case Research Center who supervised the case study said “We have been focusing on building a repository of India focused cases that sees high acceptance among students in our postgraduate and executive programs. Mytrah Energy is a phenomenal company that disrupted the Indian wind energy market and created a respectable space for itself through innovation, smart financing, flawless executionand effective leadership. The case conveys striking lessons in entrepreneurship in the infrastructure sector of India that will be of global interest. We are in discussion with international case repositories for distribution of our case studies and are documenting Mytrah’s endeavors in the Indian solar energy sector through another case study that is going to be released soon.”
About IIM Calcutta
The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961.Over the years, IIMC has grown into a mature institution with global reputation, imparting high quality management education. It has been playing a pioneering role in professionalizing Indian management through its post graduate and doctoral level programs, executive training programs, and research and consulting activities.IIM Calcutta is the only management Institute in the country having triple international accreditation of repute, which includes AMBA, AACSB and EQUIS and also is one of the partner Institute of the CEMS alliance of 30 global management Institutes.IIM Calcutta Case Research Center is a center of excellence funded by the Board of Governors and the 23rd batch of PGP alumni of IIM Calcutta and aspires to be a globally recognized repository of India focused case studies.
About Mytrah Energy
Mytrah Energy is a pioneer and one of India’s largest Independent Power Producers in renewable energy with 15 projects across 8 states and has over 200 wind masts installed across multiple states in India. As India’s Smart Utility, Mytrah through a diversified renewable energy portfolio leverages its robust end-to-end capabilities in generating renewable energy for its projects in India.