POWERING PROGRESS
Ms. Preeti Bajaj, the CEO and Managing Director of Luminous Power Technologies, is a seasoned leader with nearly two decades of experience in the Australian and Asian markets. With her strategic decision-making, she has been pivotal in driving the company’s success & setting new benchmarks in the energy sector.
“MS. PREETI IS DEDICATED TO ADVANCING THE GLOBAL GOAL OF ACHIEVING ZERO EMISSIONS”
Preeti aims to guide Luminous Power Technologies into an era of innovation and global reach by providing efficient, sustainable, and consumer-focused energy solutions. Having gained experience in various industries including software, real estate, and renewable energy, she contributes immense experience and knowledge to Luminous Power Technologies.
With an MBA from Swinburne University and a Master’s degree in Applied Finance from Macquarie University, she is known for her financial expertise and strong business acumen. As the anchor at Luminous Power Technologies, she is passionate about extending the limits of technology innovation. She never lets customer satisfaction take a backseat and encourages a collaborative work environment to boost efficiency and creativity.
Before assuming the leadership at Luminous, Preeti was CEO and Managing Director for Australia and New Zealand at Adecco Group. She also headed Modis Australia and was the founding CEO of Clipsal Solar, a Schneider Electric company focused on bringing renewable energy into daily life. She specializes in business development, strategy, transformation, and general management in large corporations like Brookfield Multiplex, Metcash, Intuit Real Estate Solutions, Vision Software, and Schneider Electric.
Under Preeti’s stewardship, Luminous Power Technologies is ramping up growth and aggressively pursuing global expansion, holding on to the spirit of ‘Make in India, Make for World.’ The company, founded in 1988, is presently one of India’s most reputed brands in power backup and solar solutions. With eight factories, 28 sales offices, and a presence in more than 40 countries, it has achieved significant milestones so far. As the company travels further on the path of growth and upgradation, Preeti aims to place it at the forefront of India’s energy revolution with her strategic vision.
A FORWARD-THINKING INDIVIDUAL
Preeti actively embraces change to remain at the forefront of the dynamic and evolving energy landscape. She concedes that even though India has progressed significantly in its power sector, there is still room for improvement, mainly in terms of uninterrupted grid supply of power. With the growing trend of remote work and increasing energy consumption, never has there been a more imperative need for secure and sustainable solutions. She points out that solar solutions and power backup are presently not just a luxury but a necessity, which demands innovation. Preeti is committed to making a meaningful contribution to the global drive to achieve zero emissions. She points out that India’s net-zero quest by 2070 will require a minimum of 50% of its domestic power requirements to be generated through rooftop solar. Decarbonization and decentralization, according to her, are some of the prevailing forces shaping the industry, besides influencing supply as well as demand. Luminous Power Technologies, under her stewardship, is positioning itself in sync with these changes by heavily investing in R&D, product development, and smart energy solutions in response to shifting consumer needs.
SPECTACULAR ACHIEVEMENTS
Preeti Bajaj was recognized as India’s Impactful CEO at the Times Now Conclave in 2024. She earned the Chief Executive Women’s Scholarship for Harvard’s Authentic Leadership Program in 2017 and received AFR’s Young Executive of the Year Award in 2011. She actively supports emerging leaders as an advisory member of Chief Executive Women and leads the Energy Committee for the Australia India Business Council. These recognitions only add to her humility as a leader committed to promoting an inclusive corporate culture.