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?
This story is from the April 02, 2023 edition of Business Today India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 02, 2023 edition of Business Today India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.
