Dainik Bhaskar Group in association with India Core organized the 3rd edition of 'Power Vision Conclave' on March 28, 2013 in New Delhi. ‘Dainik Bhaskar Power Vision Conclave’ is an initiative which brings together the leading stakeholders for policy debate to find ways and means of strengthening the country`s power sector.
The third edition of the Conclave was strategically positioned as a key platform to discuss the current challenging scenario in the power sector and to accelerate the growth in conventional & renewable energy sectors and set the scene for discussions on the issues being faced by various stakeholders with leading speakers sharing insights, thoughts, concerns, expertise and cutting edge advances.
Shri Jyotiraditya Scindia, Minister of State for Power (Independent Charge) was the Chief Guest for the Conclave and Shri Shivraj Singh Chauhan, Chief Minister of Madhya Pradesh was the Guest of Honor.
In his inaugural address in the Inaugural/ Plenary Session- ‘Opportunities Despite Multitude of Challenges’, the Conclave Chief Guest- Shri Jyotiraditya Scindia mentioned that there are significant opportunities in the power sector despite challenges. He pointed out that to achieve the target of 12th five year plan (2012- 17) of 88000 MW and 13th five year plan (2017- 22) of 93000 MW, a YOY capacity addition of 18000- 19000 MW would be required.
Shri Scindia informed that to improve the transmission system, the southern grid will be connected to the other four grids by January 2014 to create a national grid. The third party inspection of coal is being made mandatory to improve the quality of coal supplied. The Coal regulator is also being set up to improve efficiency and to bring transparency. He mentioned that the process of signing fuel supply agreements (FSAs) between power developers and coal companies is continuing and agreements for another 35000 MW of thermal power capacity will also be signed in the next fifteen days. He agreed that since the condition of power distribution companies (discoms) is bad, they cannot purchase enough electricity to meet the demand. He stated that discoms should tie up 85% of their electricity demand on long term basis.
Shri Scindia pointed out that Ministry of Power (MoP) alone cannot solve the problems facing the power sector and such a gigantic task can be successful only when the efforts of Government are strongly supported and complemented by the other stakeholders. He informed that MoP has formed a 22 member advisory body comprising CEOs and promoters of private sector power firms along with CEOs of financial institutions to jointly work out solutions to challenges faced by the power sector.
In his special address- Shri Naveen Jindal, Member of Parliament & Chairman, Jindal Steel & Power mentioned that there are significant opportunities in the Hydro power sector in India and not much is being done to harness the potential. He also spoke about the need to increase the mining of coal to reduce the power deficit. He also emphasized on the importance of a stable policy and regulatory regime.
Shri Rakesh Nath, Former Member- Technical, Appellate Tribunal for Electricity focused on the worrying trend of increasing cost of supply of power. He also mentioned that the increasing cost of fuel is also creating problems in the sector. The other speakers in the opening session- Shri I C P Keshari, Joint Secretary, Ministry of Power and Shri Kunwer Sachdev, CEO & Managing Director, Su-Kam Power Systems Limited spoke about the challenges and opportunities in the sector.
The inaugural session was followed by the focus state presentation by Madhya Pradesh, this year’s focus state. The Principal Secretary for Energy, Madhya Pradesh, Mohammed Suleman, in his comprehensive presentation on the overview of power scenario in Madhya Pradesh spoke how the state has grown from a power deficit state to an almost power surplus state in the last eight years. In the presentation, he mentioned, total generation capacity as on FY 2014 will be 14736 MW with the following break up- capacity of MP Genco (MP share)- 5237 MW, allocation from central sector- 3675 MW, allocation from joint venture- 2427 MW, others- 2716 MW, renewable energy- 681 MW. MP expects to be energy surplus in FY 14 and 61,422 MUs will be injected in the system out of which 96% power will be through long term power purchase agreements (PPAs). MP would have surplus power available till FY 18 on the strength of existing PPAs. He also informed that the transmission system is being strengthened in the state with only 3.51% loss.
This was followed by an address by Chief Minister Shivraj Singh Chauhan who not only shared the Madhya Pradesh Government’s initiatives & roadmap for the power sector but also his vision for the all-round development of the state. He informed that 53000 villages in Madhya Pradesh will start receiving electricity on 24 hour basis by May 2013. Presently 24 hour electricity is available in villages of six districts. Shri Shivraj Singh Chauhan passionately argued that without electricity the vision for a self-reliant India and overall progress & prosperity cannot be fulfilled. According to him, supply of 24 hour electricity will help in setting up a web of SMEs in the villages creating a vibrant rural economy. Thus many employment opportunities will be created which will significantly improve the quality of life. He also mentioned that while other states are increasing the power tariff, MP will reduce the tariff by 5% next year. He also mentioned the significant role the private sector can play in adding generation capacity and spoke about encouraging private sector participation in the power sector.
In the next session- ‘Overcoming the Mounting Scarcity of Resources’, the panelist deliberated at length on the critical issues facing the sector. Shri Jayant Shriniwas Kawale, MD – Hydro and Renewables, Jindal Power Limited gave session opening remarks & expertly moderated the discussion which focused on issues like Government perspective, policy updates & initiatives to re-focus the investments in power sector; Securing Fuel- present challenges and plan for future; Fuel linkages, FSAs, stranded capacity, price pooling, transportation of fuel; Delays in clearances- water & environmental issues, land availability, sustainability concerns; Challenges of project development by IPPs & removing road blocks; Growth of power sector vis-à-vis environmental impact, peripheral development issues, project-affected people; Unlocking hydro & renewable energy potential - key to India's energy security and Larger role for RE in India’s energy mix- market outlook, drivers & challenges.
The eminent panelist included Shri R K Gupta, Chief Executive Officer- Power Business, DB Power Limited; Shri Rakesh Jain, Associate Director- Energy Division, Feedback Infrastructure Services Private Limited; Shri N K Bansal, Executive Director- Power Sector, BHEL; Shri K Ramanathan, Member- Central Advisory Committee, CERC & Distinguished Fellow, TERI and Shri Satyajit Ganguly, Vice President, Vedanta Aluminium Limited.
The last session- ‘System Strengthening, Legal & Regulatory Challenges and Improving the Financial Health of the Sector’ dwelled at length on the legal and financial issues. Shri Amit Kapur, Senior Partner- Infrastructure Practice, J Sagar Associates moderated the session and in his opening remarks set the tone for discussions on the session topics covering System Strengthening- reducing aggregate technical and commercial (AT&C) losses; Power evacuation and Transmission & distribution system constraints; Financial restructuring package (FRP) for state-owned discoms; Policy & Regulatory Issues- Key Challenges; Harmonizing inter-ministerial and central & state policy measures/initiatives to facilitate sector’s growth and Lending to cash-strapped power sector- profitability under threat
The expert panelists in this session were Shri Praveer Sinha, Chief Executive Officer & Executive Director, Tata Power Delhi Distribution Limited; Dr R P Singh, Chairman- Board of Governors, IIT Guwahati and Former CMD, Power Grid Corporation of India; Shri S C Mittal, Executive Director- Corporate Finance, Bharat Heavy Electricals Limited; Shri V. S. Ailawadi, Ex Chairman, Electricity Regulatory Commission, Presently Chief Mentor- Corporate & Regulatory Affairs, Tata Teleservices Limited; Shri S L Langer, Advisor, Indian Electrical & Electronics Manufacturers Association (IEEMA) and Shri Sudipta Bhattacharjee, Associate Director, BMR Legal.
The concluding remarks and the vote of thanks was given by Shri Jaideep Dhagat, Business Head - National Government Vertical, Dainik Bhaskar Group.
Speaking about the conclave, Jaideep Dhagat, Senior General Manager and National Head, Government Business, Dainik Bhaskar Group, said, “Keeping the rich tradition of Dainik Bhakar’s tagline ‘Zidd Karo Duniya Badlo’, the event was organised against all odds. We are delighted that close to 350 delegates attended the event.”
The event was a resounding success with best possible representation and overwhelming participation from the various stakeholders. This initiative was supported by leading stakeholders in the power sector including Sukam, Jindal Power, Emta Group, Vedanta Group, Paharpur Cooling Towers, Diliigent Power (formerly DB Power Limited) amongst others. India Core was the Knowledge Partner for the Conclave.
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