For this project, I had to thoroughly research the market conditions and identify key financial and commercial traits. I also interacted with multiple stakeholders to identify problems faced in the domain of plastic waste management as well as with various vendors for supplying equipment. I also studied the best practices followed internationally and how they could be replicated in our country. All this came in handy for projecting future cash flows for the project and designing a sustainable model, which was appreciated by the senior leadership of the company during the final review.
I was lucky enough to be mentored by the very COO of the company. He was gratuitous enough to solve any query that I had, within a very short period. Through his insights, I was able to perceive the business through the hindsights of the senior management. I also learnt in depth the various financial aspects of a project that a business has to compute before indulging or investing in it.
Being a student of the Infrastructure Development and Management program at SCMHRD, we get to learn subjects like Project Finance and Feasibility, Social Cost-Benefit Analysis, Project Management as well as get an in-depth knowledge of the various infrastructure sectors such as transportation, energy etc during the first year of our program. This knowledge imparted has what helped me sail through my internship.
On top of it, I have always been an energy sector enthusiast and so for me, this internship has been an icing on the cake as I got to work in my desired field as well as work to eliminate the real world problems such as plastic waste management.
Tips for the juniors?
The one piece of advice I have for my fellow peers is to be in constant touch with your mentor. Try to get his/her feedback as frequently as possible and don't hesitate to contact him/her if you face any difficulties. Network and talk to as many stakeholders possible to get a comprehensive overview and then build your conclusions.
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