Green India Building Systems and Services-GIBSS

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Arun Shenoy, alum of Indian School of Business (ISB), Hyderabad, is one of the promoters of the business venture. Mandar Kaprekar has over 17 years of experience in the HVAC and lighting space. Kaprekar is an expert in global sourcing and has pioneered the entry of ultra efficient products such as fan energy efficient fan coil units and commercial LED lighting systems in India.

Green India Building Systems and Services (GIBSS) is a multi-channeled business that offers compelling operational, maintenance and energy solutions to help buildings reduce costs, reduce carbon emissions and raise productivity. GIBSS assists building owners in making responsible decisions, reducing the overall building life cycle expenses and helping the building occupants live more efficiently. GIBSS specialises in providing solutions that are both “GOOD FOR BUSINESS AND GOOD FOR ENVIRONMENT”. With its unique “performance contracting” and global sourcing model, GIBSS is able to leverage a wealth of new environmentally responsible products and sustainable solutions that add functional value and high performance to buildings at an attractive payback.

Customer Pain Points that GIBSS can address:

  1. Poor building performance and higher utility bills
  2. Complexity of operations
  3. High cost of operating and maintaining buildings
  4. Lack of capital budget for improvement projects
  5. Poor occupant comfort in buildings
  6. High legal and contractual risks for the building owner

GIBSS solution offering includes:

  1. Building systems consultancy services
  2. ‘Design and Build’ turnkey energy management solutions
  3. Performance based building systems improvement projects
  4. Building equipment operation and maintenance contracts and services
  5. Green building (LEED) facilitation and certification
  6. Water management Solutions
  7. Waste management Solutions
  8. Supply of Ongoing consumables
  9. Carbon credits advisory services

Factors influencing GIBSS Growth:
1.Commercial viability.

2.Addressing concerns such as lack of capital budget and performance bank guarantees.

3. “Triple bottom line” solutions offering economic benefits,demonstrate a positive environmental and social impact.
4. 24hr operational building segments (Hotels/BPOs).

5.Maturity in air conditioning and lighting systems.

They are likely  to diversify into other portfolios such as water management, waste management, green building certification, carbon credit advisory in the months to come.

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