ET Edge, a subsidiary of The Economic Times, founded to empower multiple sectors, industries and segments through the dispersion of critical business knowledge through strategically developed conferences and summits today held its flagship Power Focus Summit 2014 in New Delhi garnering participation from various companies, policy planners and decision makers to discuss the opportunities and challenges faced by the power sector in India.
The summit was opened by Mr Deepak Lamba, President, Times Conferences Limited followed by an inaugural address by the Chief Guest, Jyotiraditya Scindia, Hon'ble Minister of Power, Govt. of India on the opportunities in the Indian power sector. The first day of the event witnessed various panel discussions with industry stalwarts and senior visionary leaders from the power industry where the exchanging ideas, incentives and strategies to help energize the power economy as well as outline future recommendations and roadmap to meet the burgeoning demand for the country’s power industry.
Speaking on the occasion Deepak Lamba, President, Times Conferences Limited – BCCL said, “India is currently considered as world’s fifth largest electricity producer and yet surprising our nation grapples with huge electricity deficit, putting significant financial burden on the government and consumer as well as stunted industrial production. Against this background, there is an urgent need to address the growing challenges and push for higher efficiency levels in power sector to achieve sustainable economic growth. The Economic Times Power Focus Summit 2014 aims to provide a thought leadership platform to senior policy makers, industry leaders and stakeholders to discuss and deliberate issues and challenges related to the current and future state of the power industry as well as indulge in a meaningful dialogue to reach solutions to bring reforms in the sector”
The two day event drew participation from leading power companies, government officials, Renewal and non-renewal state power bodies, Electricity boards / power utilities, entrepreneurs, technocrats and engineers from major industrial users of electricity. The daylong event comprised of plenary sessions, focused and interactive panel discussions delving on issues related to ‘What India wants? Necessary steps to ensure affordable electricity to all’; ‘Ensuring the Availability of Fuel Mix to Meet Growing Power Demand’; ‘Plan of action to meet electricity demands of rural India’; ‘Project Funding: Revival of investments in coal based power sector’; ‘Transmission & Distribution: Maximising Efficiencies & Reducing Losses’; ‘Reduction in Power Tariff: A Reality or Just a Dream’; ‘Boosting India Growth: Boosting Power Sector’, ‘Sustainable energy objective 2000 - 2010 – From roadmap to action plans’, ‘Challenges faced in large scale adoption of renewables in India: Safety, Quality and Reliability’ and much more.
India Core was the media partner for the event.
Some eminent opinion leaders present on the occasion included Anil Razdan, Addnl. Secretary, Ministry of Petroleum & Natural Gas; B K Chaturvedi, Member, Planning Commission of India; Vneet S Jaain, CEO, Adani Power; G M Rao, Group Chairman, GMR; Sanjay Sagar, JMD & CEO, JSW Energy Anand Agarwal, CEO, Sterlite; Uma Shankar, Independent Director, ONGC (Former Secretary of Power) to name a few.
About ET Edge
Times Conferences Ltd. functional under the brand name ET Edge is an Economic Times subsidiary, founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences and summits. Encompassing the Indian business vista, ET Edge would strive to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology, conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables and case studies. The forums would ensure senior decision makers are equipped with information to respond to challenges they face not just in India but also globally.
For more information, please visit et-powerfocus.com/