Renewable energy sector growth in India during the last few years has been significant, even for electricity generation from renewable sources. The need to increase the use of renewable energy sources for sustainable energy development has been recognized by the Government. The Government has given significant thrust to the research, development and induction of renewable energy technologies in different sectors. India is blessed with an abundance of sunlight, water, biomass and biofuels resources. The Ministry of New and Renewable Energy to exploit the abundant renewable energy resources of India has launched a multifaceted renewable energy programme. The programme has been quite successful as India has an installed capacity of over 15,225 MW, in 2009. India is set to emerge as a hub of wind, solar, biomass and biofuels related manufacturing and exports because of its very strong manufacturing and R&D orientation. The Government of India to accelerate the pace of renewable energy in the country has announced The National Solar Mission under the National Action Plan on Climate Change which envisages a 20,000MW solar capacity addition by 2022. India’s renewable growth so far has been financed domestically and conservatively. Majority of financing has been asset financing in the area of wind where captive power generators have been investing to expand wind-manufacturing capacity and project development. The investment perception of industry is changing due to the growing awareness, government’s changing priorities and the inevitability of renewables to supplement India’s energy mix. In the conventional biofuels sector there exists a huge opportunity in manufacturing, technology development and, operations and maintenance services. Going forward the 2nd and 3rd generation biofuels offer opportunity in research and development area.
Key Initiatives / Information
The Integrated Rating methodology for State Power Distribution Utilities was developed by Ministry of Power (MoP) and unveiled in the State Power Ministers conference held in July 2012 (Appendix). The methodology was developed by MoP keeping in view poor financial health of State Distribution utilities and the need to base future funding exposures on an objective rating mechanism. The main objectives of developing the integrated rating methodology for the state distribution utilities are:
According to Chandrajit Banerjee, Director General of the Confederation of Indian Industry, with each passing year the importance of the PBD as a forum has increased. Indeed, the PBD provides a platform where people of Indian origin not only try to know more about India but also what the Indian community is doing in their own country. “By participating in the PBD, delegates get first-hand knowledge about India’s economy and the opportunities available here,” said Mr Banerjee. Further, Mr Banerjee also stated that for the first time, the Jaipur PBD 2012 brought together a large number of persons who wanted to know how Rajasthan has become a big hub for solar energy.
76th CII Northern Region Business Outlook Survey is a quarterly study conducted to gauge the sentiment in the economy. Earlier, the survey was conducted bi-annually, but from the 74th Survey onwards the study is conducted on a quarterly basis in order to get a more frequent indicator of business sentiment. The current survey gives an outlook on business sentiments for the first quarter of 2011-12 as compared to the last quarter of 2010-11.
The report notes various development taking place in India towards the development of energy markets in general and energy derivatives market in particular. It discusses several existing barriers that have been impeding further growth of energy markets in the country. In light of the existing barriers, the report proposes way forward for the development of robust markets in the energy industries.
Climate change is at the centre stage of global discussions. The warming of the climate
system is unequivocal, as is now evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice, and rising global mean sea level. Climate change is undoubtedly one of the greatest environmental, social and economic threats, our planet faces today. It impacts all countries, but is particularly severe for developing countries like India, given their vulnerabilities, inadequate means and limited capacities to adapt to its effects.
‘Producer gas’ is produced through the process of gasification - an efficient method of extracting heat from biomass. Natural gas, diesel or furnace oil can be replaced by producer gas for making steam in order to generate electricity and heat for industries.
The growing importance of wind energy sector in an era of rapidly depleting fossil fuels cannot be overemphasized. Europe, unequivocally, is the world leader in research, development and deployment of wind energy resources. Amongst developing countries, India is the frontrunner in the exploitation of wind energy. The Indian wind energy programme has successfully implemented strategies most of which had European assistance in some form. However, challenges to the larger exploitation of wind energy resources in India and the opportunities that exist between Europe and India for further co-operation in the wind energy sector are not over
The need of co-operation in the hydroelectric sector between Nepal and India has been emphasized by various stakeholders for the last almost five decades. However, there is very little progress to show on ground so far. Lack of co-ordination between government agencies on both sides, lack of pace and direction in the co-operation dialogue, complexities arising due to power-water nexus, absence of private participation in the process and non-availability of physical infrastructure have been some of the conspicuous factors for the tardy progress, which is a matter of serious concern.
The manufacturing industry in India accounts for 25% of the national Gross Domestic Product (GDP) and 44.4% of commercial energy use. There is a significant level of coal and oil in the energy mix with the power sector now producing over 700, billion units per annum. The thermal power sector’s energy consumption is about 65% of the total commercial energy consumption of the industrial sector. These energy intensive sectors are therefore prime candidate for energy efficiency initiatives, and are the target of the Government of India’s proposed trading scheme in energy saving certificates.
This Stakeholder Meeting organized to share lessons learned from international policy experience of various carbon markets. The Meeting focused to generate awareness about energy efficiency and trading among various stakeholders.
A sound policy framework holds the key to the success of Renewable Energy (RE) initiatives. The electricity policies in the last few years have talked about the need and priority to promote RE. The Electricity Act (2003) has several enabling provisions, with a view to promote accelerated development of non-conventional energy based power generation.
The CII’s Renewable Energy Committee, chaired by Mr Sumant Sinha, COO Suzlon Energy, aims to catalyze implementation of the “Integrated Energy Policy” recommendations and interact with Government on policy issues to ensure accelerated deployment of renewable energy projects. The Committee also strives to facilitate development of competitive energy markets with a regulatory framework that can ensure maximum exploitation of India’s renewable energy potential. The Committee also aims to facilitate achievement of 20,000 MW of solar energy capacity in the country by 2022 and exponential increase thereafter as announced under National Solar Mission of the National Action Plan on Climate Change.
This report puts forth the expert suggestions made by the CII National Committee on Power for addressing the challenges that continue to affect the power sector while laying down the framework for growth and development of the sector. The report addresses issues related to (i) power tariffs, (ii) fuel linkages and associated infrastructure development (iii) hydropower (iv) IT Interface for demand side management and energy efficiency (v) transmission and (vi) climate change.
With the advancement of green building movement in India, many companies have evinced keen interest in having a holistic green design and construction framework for upcoming factory buildings. IGBC, in its endeavor to extend green building concepts to all building types has developed the IGBC Green factory rating system. IGBC Green Factories rating system is the first of its kind addressing sustainability in industrial buildings. The programme is fundamentally designed to address national priorities and quality of life for factory workmen.
IGBC Green Factory Rating System is a voluntary and consensus based programme. The rating system has been developed based on the contemporary materials and technologies. This rating system would facilitate the development of green factories. The rating system evaluates certain credit points using a prescriptive approach and other credits on a performance based approach. The rating system is evolved so as to be comprehensive and at the same time user-friendly.
This is an excellent opportunity for projects to participate in the pilot rating programme. The learning from the pilot rating programme would influence in developing a robust rating system. The pilot projects play an important role in evaluating the results achieved by the pilot projects and the criteria established in the rating programme.
The pilot version of the rating system has been launched on 10th July 2009. Project teams interested in IGBC Green Factory Certificatio
CII News Update
Go Solar, say experts at Seminar and Exhibition on Accelerating Implementation of Solar Water Heating Systems
Greater adoption of solar power technologies will not only reduce the growing dependence on fossil fuel, cut energy costs, create business opportunities and numerous new jobs, but will a.....
The Deputy Chairman of the Planning Commission, Mr Montek Singh Ahluwalia, today launched the India Backbone Implementation Network (IBIN). The purpose of IBIN is to improve implementation of policies, programs, and projects, which the 12th Five Year Plan has located as the critical necessity for a.....
Delivering the keynote address at the “Conference on Power Sector – A Way Forward” organized by the Central Electricity Authority and Confederation of Indian Industry (CII), Mr Jyotiraditya Madhavrao Scindia , Minister of State (Independent Charge), Ministry of Power said, “The decadel growth rate.....
Government set to resolve long standing issues including amendment of IBR
Mr. T.S.G. Narayannen, Secretary, Central Boiler Board, Department of Industrial Policy and Promotion while speaking at the “Seminar on Boiler Industry: Identifying Challenges and Opportunities” organized by Confedera.....
Delivering the address at the inaugural session of the “Energy Security Conference 2012” organized jointly by the Confederation of Indian Industry (CII) and the Ministry of External Affairs, the chief guest, Mr Salman Khurshid, Union Minister for External Affairs, Government of India emphasised on .....
“India has made considerable progress in production of solar, hydro, wind, geothermal and other forms of Clean energy and it needs to be harnessed” said the Hon’ble Union Minister for New & Renewable Energy - Dr. Farooq Abdullah. The Minister inaugurated and spoke at the Delhi Clean Energy Conferen.....
Delivering his address at the occasion of the Confederation of Indian Industry’s National Council meeting, Mr Jyotiraditya Scindia, Minister of State for Power, Government of India, reiterated the underpinning and underlying importance of the power sector for the growth of the economy and at the sa.....
Delivering his address at the occasion of the Confederation of Indian Industry’s National Council meeting, Dr Veerappa Moily, Union Minister for Petroleum and Natural Gas, Government of India, said, “Hydrocarbons will continue to be predominant in India’s energy mix for some time to come.Therefore,.....
There is lot of optimism surrounding Public Private Partnership (PPP) in India. Used judiciously and fitted to local circumstances they have the potential to bring effective solution to society. With this background, CII in partnership with DST & GITA organized a National Technology summit at India.....
“India-Pakistan relations would improve a lot with a boost in trade ties through fairs like the CII Chandigarh Fair,” emphasized H E Mr Jagannath Pahadia, Governor, Haryana, while inaugurating the 17th CII Chandigarh Fair, supported by National Small Industries Corporation (NSIC), amongst massive c.....