Presented by BT in collaboration with Sterling and Wilson Renewable Energy, the event saw participation from government officials, independent power producers (IPPs), original equipment manufacturers (OEMs), financial institutions, investors, C-suite executives and other key industry players. The discussions explored how stakeholders in the industry can collaborate, reset and re-direct their efforts to make India self-sufficient in clean energy, and emerge as a global leader. Edited excerpts:
Q: On the critical role of finance in India's energy transition towards a green, renewable and sustainable future...
N. RAMESH, DEPUTY MD, INDIA EXIM BANK: For a financial institution, we need to first have clarity on how the price discovery has happened. demonstrated I think India has it in a wonderful manner and the whole world is also following that particular model. Further, on the offtake risk, there is an aggregation of demand and an assurance of payments coming in from government-led institutions, which is a great learning for the whole world. Then there are insurance products that are trying to cover different kinds of risks associated with this sector. I think whatever risk mitigation measures financial institution look for, they are all available. Just to explain the kind of complexity a project can have: one of our major customers is implementing a project in Australia, which was conceived in the UK, and is being funded by [South] Korean entities. It is coming up in Western Australia and being supported by an Indian financial institution as well, so this is the global situation we are looking at.
Q: How significant has this transition been in India if you were to compare it globally and how far do we have to walk?
هذه القصة مأخوذة من طبعة April 02, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 02, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
"Inaction is worse than mistakes"
What was the problem you were grappling with?
TEEING OFF WITH TITANS
BUSINESS TODAY GOLF RESUMES ITS STORIED JOURNEY WITH THE 2024-25 SEASON OPENER IN DELHI-NCR. THERE ARE SIX MORE CITIES TO COME
AI FOOT FORWARD
THE WHO'S WHO OF THE AI WORLD GATHERED AT THE TAJ MAHAL PALACE IN MUMBAI TO DELIBERATE THE TRANSFORMATIVE IMPACT OF AI ON INNOVATION, INDUSTRIES, AND EVERYDAY LIFE.
Decolonising the Walls
ART START-UP MAAZI MERCHANT IS ON A MISSION TO BRING INDIA'S FORGOTTEN ART BACK HOME
"I'm bringing Kotak under one narrative, one strategy, one umbrella”
Ashok Vaswani is a global banker who spent most of his career overseas at institutions like Citi Group and Barclays, among others.
CHOOSING THE CHAMPIONS
The insights and methodology behind the BT-KPMG India's Best Banks and NBFCs Survey 2023-24.
'INDIA IS AT AN EXTREMELY SWEET SPOT'
The jury members of the BT-KPMG Survey of India's Best Banks and NBFCs discuss developments in the banking sector and more
FROM CRISIS TO TRIUMPH
Dinesh Kumar Khara stewarded SBI through multiple challenges during his tenure, while ensuring that profits tripled, productivity soared, and the bank consolidated its global standing
AT A CROSSROADS
BANKS ARE FACING CHALLENGES ON BOTH SIDES OF THE BALANCE SHEET-ASSETS AS WELL AS LIABILITIES-WHICH ARE PUTTING PRESSURE ON MARGINS.
EXPANSIVE VISION
Bajaj Finance, an outlier in terms of digitisation, faces stiff competition. But it continues to expand its reach
