More power for Gurgaon but that is no guarantee against outages
If there are power cuts in summer when consumption peaks, shortage cannot be used as an excuse. The Haryana Vidyut Prasaran Nigam Limited (HVPNL) is rolling out a raft of measures, including setting up new power houses and more sub-stations to increase power supply to Gurgaon, senior power officials told TOI on Monday. As HVPNL works towards steadily increasing the transmission capacity across the city, its officials claimed the transmission company cannot be blamed for frequent power cuts in Gurgaon. After reaching close to its target of increasing the transmission capacity of the 15 existing power houses across the city by 206 MVA (mega volt ampere) in the current financial year (2016-2017), HVPNL now aims to increase the transmission capacity by 229 MVA in the next financial year (2017-2018), Anil Yadav, executive engineer, HVPNL, said. The series of measures will ensure efficient power supply in the city, he asserted. The power transmission company will also set up new power houses to increase the transmission capacity by an additional 1,120 MVA across the Gurgaon circle. “The existing transmission capacity is 1,400 MVA. We are setting up powerhouses in Sector 33, Panchgaon, Sector 57 and Sector 20 that will add another, 320, 300, 200 and 300 MVA respectively,” Yadav added. Referring to power cuts in many localities of the city in the past few weeks, a senior official said HVPNL has ensured constant power supply throughout. “It’s not that Gurgaon is not able to meet the power requirement (1400 MVA in summers and 600 MVA in winters). The supply has remained steady from our end, however, the end user suffers due to infrastructural issues. The city faces disruptions. Terming it as outage hints at power shortage,” the official said, throwing the ball in power discom DHBVN’s court. The HVPNL official added, “We only need to lay all power lines underground so that we are spared of disruptions due to rainfall and tripping. By doing that, we won’t even require the zero-outage grid project to ensure 24-hour supply.” Saying DHVBN is trying to ensure minimum power disruptions, RK Batra, director (operations), DHBVN, said, “Disruptions are usually due to the maintenance work. We scale up the maintenance work in winters to minimise power cuts in summers.” HVPNL has divided the power transmission across new sectors in six zones where six new substations would be set up. “In the new sectors (sectors 58 to 115), the demand is nearly 1,200 MVA, close to the supply across Gurgaon (1,400 MVA). It is estimated that power demand across Gurgaon, including in the new sectors, will reach 5,000 MVA by 2031,” Yadav explained. In a bid to address these concerns, HVPNL announced two years ago that it will set up 42 new substations in the emerging sectors by 2050. At present, contract for only two out of six substations, which will be set up in the next one year, has been awarded to Kalpatru Power Transmission Limited. “The contract has already been awarded for sectors 65 and 95,” Yadav said. “For sectors 77 and 85, we are finalising the tenders and it will take us up to 15 days. For sectors 107 and 69, we will award the contract in the next two months,” he added. Aaron Burbridge Womens Jersey
Clean energy: Govt is moving away from its plan by diluting the National Clean Energy Fund
Since 2010, Indian government has shown tremendous commitment towards supporting clean energy, whether it is announcing renewable energy targets and thereon augmenting them, or advocating utilisation of solar power by constituting 121 country International Solar Alliance. India has set a goal to achieve 175 GW of capacity by the year 2022. This is an ambitious goal given its current renewable capacity is around 46 GW. India has also pledged to reduce its emissions intensity by 33-35% below 2005 levels by 2030. India’s commitment for renewable energy initially got accentuated during the FY11 Budget, when the government announced the creation of the National Clean Energy Fund (NCEF)—to be maintained by collecting cess on the production or import of coal. The clean energy cess on coal when introduced in 2010 was R50 per tonne, and has been doubled every year since 2014. It was R400 in 2016. However, the cess is not transferred in entirety to the NCEF. Data from finance ministry shows that since inception, the average share of the cess transfer has been around 40%, and has never exceeded 50%, barring FY15. Just going by the nomenclature of the fund, it was but appropriate for ministry of new and renewable energy (MNRE), to be the sole beneficiary. In the initial four years till FY15, total amount financed from NCEF for projects stood at R3,773.95 crore of which 92% was assigned to MNRE. The share got reduced during the period 2015-17 to 65%. Almost 30% of the total NCEF has been allocated to projects under various ministries primarily to the water resources, river development & Ganga rejuvenation. In fact, a sum of R2,500 crore alone was allocated from NCEF in 2016 Budget for beautification of the river front, National Ganga Plan, and conservation and prevention of pollution of the river Ganga and its tributaries. Thus, in action and allocation of the NCEF there has been continuous dilution. The fund gets more weakened, with the government in 2016 proposing to change it to National Clean Environment Fund, further diminishing the basic tenets. This will allow a ‘legitimate’ position to use the money from the cess on coal for anything and everything under the green initiative umbrella. But this would essentially defeat the purpose of initiatives like NCEF, which reasons apart had the potential to make a greater difference in achieving government’s aspirations in renewable energy. Diluting the support to clean energy technology and utilising the resources towards plan outlays of other ministries is slightly untenable, and reveals contradiction about India’s good intentions. By the end of the fiscal FY17, the government is estimated to accumulate a total corpus size of R54,336 crore from the clean energy cess on coal. The irony would be that MNRE would have received just 23% of this. India, currently, requires a host of clean energy projects to be supported which would enable many parts to receive electricity, including the Green Energy Corridor, apart from increasing the share of renewable energy in the electricity portfolio. HomeIndia news Clean energy: Govt is moving away from its plan by diluting the National Clean Energy Fund Clean energy: Govt is moving away from its plan by diluting the National Clean Energy Fund By diluting the National Clean Energy Fund, the government is pivoting away from its plan. New Delhi | Updated: February 6, 2017 10:11 AM 6 SHARES FacebookTwitterGoogle+LinkedInEmail hydel-l-reu Advertisement India has set a goal to achieve 175 GW of capacity by the year 2022. (Reuters) Since 2010, Indian government has shown tremendous commitment towards supporting clean energy, whether it is announcing renewable energy targets and thereon augmenting them, or advocating utilisation of solar power by constituting 121 country International Solar Alliance. India has set a goal to achieve 175 GW of capacity by the year 2022. This is an ambitious goal given its current renewable capacity is around 46 GW. India has also pledged to reduce its emissions intensity by 33-35% below 2005 levels by 2030. India’s commitment for renewable energy initially got accentuated during the FY11 Budget, when the government announced the creation of the National Clean Energy Fund (NCEF)—to be maintained by collecting cess on the production or import of coal. The clean energy cess on coal when introduced in 2010 was R50 per tonne, and has been doubled every year since 2014. It was R400 in 2016. However, the cess is not transferred in entirety to the NCEF. Data from finance ministry shows that since inception, the average share of the cess transfer has been around 40%, and has never exceeded 50%, barring FY15. chart-6 Further data shows the amount of utilisation for projects under NCEF has not been encouraging as well, with utilisation in some years as low as 16%. Just going by the nomenclature of the fund, it was but appropriate for ministry of new and renewable energy (MNRE), to be the sole beneficiary. In the initial four years till FY15, total amount financed from NCEF for projects stood at R3,773.95 crore of which 92% was assigned to MNRE. The share got reduced during the period 2015-17 to 65%. Almost 30% of the total NCEF has been allocated to projects under various ministries primarily to the water resources, river development & Ganga rejuvenation. In fact, a sum of R2,500 crore alone was allocated from NCEF in 2016 Budget for beautification of the river front, National Ganga Plan, and conservation and prevention of pollution of the river Ganga and its tributaries. Thus, in action and allocation of the NCEF there has been continuous dilution. The fund gets more weakened, with the government in 2016 proposing to change it to National Clean Environment Fund, further diminishing the basic tenets. This will allow a ‘legitimate’ position to use the money from the cess on coal for anything and everything under the green initiative umbrella. But this would essentially defeat the purpose of initiatives like NCEF, which reasons apart had the potential to make a greater difference in achieving government’s aspirations in renewable energy. Diluting the support
Govt slashes IREDA’s borrowing target for 2017-18
The government has lowered the estimated borrowing target of Indian Renewable Energy Development Agency (IREDA) — the key lender to clean energy sector and also called India’s green bank — by a massive 34 per cent to ?8,043.31 crore in Budget 2017. The Revised Budgetary borrowing for financial year 2016-17 stood at ? 12,212.60 crore. The target for financial year 2017-18 is even lower than the ?9,118.85-crore borrowing target set under Budget 2016-17. Vishal Jain, Chief Financial Officer, 8minutes Future Energy, said the lowered borrowing targets for IREDA will put strain on clean energy financing. He said, “Clean energy is a capital intensive sector and we have to manage our borrowings efficiently. The lower availability of capital will increase our borrowing costs and this will directly impact consumer tariffs.” Currently, IREDA raises funds from international development agencies such as the German government-owned KfW and Asian Development Bank. IREDA also builds its corpus by issuing bonds for clean energy development projects. It hedges its borrowing in foreign currency denominated financial instruments. Since IREDA’s foreign borrowings are backed by the Indian government, development agencies and bond holders are assured of returns. IREDA then routes its borrowed corpus for financing clean energy projects in India. The PSU’s lowered borrowing can reflect in lower lending. But, IREDA is not the only institution that facilitates development financing institutions to extend support for India’s clean energy mission. Hari Natarajan, CEO at Clean Energy Access Network, said, “There currently are sources beyond IREDA for financing clean energy development in India such as the solar rooftop line (funding) from the World Bank with the State Bank of India and from the Asian Development Bank with the Punjab National Bank”. However, Mayank Shah, Chief Financial Officer at Waaree Energies, is optimistic about the clean energy sector. He said, “Green bonds will come to the aid of the clean energy sector’s need for financing. Also, a large number of global renewable energy focused funds are looking to invest directly in India’s clean energy sector. “Further, development financing agencies have been approaching banks directly for disbursing these loans in India.” While the diversification of funds augers well for the clean energy sector, IREDA’s role seems diminished for now. Jackie Robinson Jersey
Budget disappoints power sector: expert
Stake holders are of the opinion that the failure on the part of Union Finance Minister Arun Jaitley to consider power sector as part of the infrastructure sector in the Union Budget presented last week will severely dampen the impressive growth initiated in the electricity installed capacity of the previous years. Electricity finance expert D. Shina, who analysed the situation post-budget, said that while the budget gave a boost to the infrastructure sector, it had given a shock to the power industry. The sidelining of the sector in the budget could lead to its disorientation at the very crucial stage of high expectations of growth. ‘No more sops’ “This is because the power industry pivoted around many sops. In fact, the ambitious steps taken by the government in the past years succeeded in eliminating the supply-demand gap to a considerable extent. But an abrupt end to these now can divert many investors from the scene thereby arresting the growth,” Dr. Shina said. To add to the woes of the sector power, cost can go up by a considerable amount due to various reasons. The budget said that the 80-IA tax holiday for the sector would be discontinued from April 2017, disappointing solar power developers and thermal power players who were expecting extension of this clause, Dr. Shina said. The Economic Survey was vocal on difficulties being faced by the private power generation sector. The industry had expected some relief in terms of corporate tax and minimum alternate tax (MAT). But there was no such mention in the budget speech. The lack of major provisions for hydro or nuclear energy was also glaring. Rural electrification A positive attempt in the budget was to maintain focus on rural electrification. The Finance Minister was confident of meeting the country’s ambitious 100% rural electrification target by May 2018 and he allocated a sum of Rs. 4,814 crore to its flagship scheme Deen Dayal Upadhyaya Gram Jyoti Yojana. This was sure to brighten up rural India, but it was not clear how its increased energy demand could be met without ensuring a matching growth in the generation sector, Dr. Shina said. Mitch Williams Authentic Jersey
35 open access companies return to Maharashtra power discom’s fold
Altogether 35 firms drawing power for their units have decided to become consumers of the Maharashtra State Electricity Distribution Company Limited (MSEDCL) again. The 35 companies were among 130 firms in the Konkan region of the state power utility and had been buying power from private producers as part of the open access system introduced last year. These consumers are known for prompt and huge payments, as they buy power in bulk. The companies had opted for the open access system. It allows the firms to buy power from independent producers located anywhere by paying some duty and the wheeling (carrying) charges to the electricity company. What came as a boon for MSEDCL is that the state energy regulator, Maharashtra Energy Regulatory Commission (MERC), in November 2016 tariff order allowed it to increase the wheeling charges and duty for consumers buying power from other producers, which use its network to supply to its consumers. “The result was that the electricity tariff of consumers buying power from private players became costlier. This is the reason why some of these companies have decided to return to us,” a senior MSEDCL official told TOI. The officer added out that the tariff provided to them by the independent producers was lower than that of MSEDCL. But the new conditions mean that the companies have to cough up more as power tariff. “Had the regulator’s ruling not come, these firms would not have approched the MSEDCL for power supply,” said Siddharth Soni, a consumer representative from Nashik. MSEDCL officials are, understandably, happy with the development. “We are reaching out to the companies promising best services. As a result, we are gaining back their confidence. The tariff and other conditions are favourable no doubt, but the company has also improved its services and infrastructure over a period of time,” MSEDCL regional director Satish Karpe said. Justin Pugh Authentic Jersey
Budget provides leeway to increase power demand, wanting in tackling stressed assets: Experts
The problem of subdued power demand ailing the thermal as well as renewable energy sectors was addressed by Union Finance Minister Arun Jaitley in his budget proposals for fiscal 2017-18 on February 1, but there is no “direct, head-on tackling of stressed power assets”, experts say. Jaitley said the country was well on its way to achieving 100 per cent village electrification by May 1, 2018, and proposed an increased allocation of Rs 4,814 crore under the Deendayal Upadhyaya Gram Jyoti Yojana in 2017-18. “The progress towards 100 per cent rural electrification target by May 2018, as announced in the budget for the previous financial year, is on track and thus a higher level of funding support in the current budget is likely to gradually improve the energy demand, and the PLF (Plant Load Factor) levels for power generation entities to some extent,” Sabyasachi Majumdar, Group Head, Corporate Sector Ratings at ICRA, told IANS. The government has sustained its focus on infrastructure spending, which is budgeted at Rs 3.96 trillion ($59 billion) in 2017-18, an increase of 10.5 per cent over the previous fiscal. Allocations for power in the latest budget shows an increase of 51 percent, while that for road transport, railways and shipping have gone up by 31 per cent, 19 per cent and 16 per cent, respectively. These measures are expected to trigger higher industrial activity, thus translating into greater demand for industrial power. “Moreover, an increased allocation for the infrastructure segment is likely to result in an increase in energy demand from the industrial sector, which has shown subdued demand in the past two-three years,” he added. However, according to a report prepared by ratings agency Crisil, overall infrastructure investments will take longer to pick up, especially given the private sector’s inability to invest due to below-expectation performance. “Investments have been steadily falling — to 29 percent of GDP in fiscal 2016-17 from 34 per cent in fiscal 2011-12,” the report said. Interestingly, no specific measures have been highlighted in the budget to address the issue of stressed power assets. “We would have been heartened to see a direct head-on tackling of stressed power assets. The latest Economic Survey ignited hopes by talking about a very innovative solution by creating a Public Asset Rehabilitation Agency (PARA). “However, while the Finance Minister talked about recapitalising the banks to the tune of Rs 10,000 crore, the Budget was silent about a direct measure to address this big challenge facing the (power) sector. Maybe, we may see a post-budget follow-on around PARA,” KPMG (India) Partner and Head of Energy and Natural Resources Manish Aggarwal told IANS. On the positive side, halving of the basic customs duty on LNG from five per cent to 2.5 per cent would support stranded gas power plants. It would also help ease FDI regulations with the proposed abolition of the Foreign Investment Promotion Board and extension of concessional withholding tax on ECBs (external commercial borrowings), enabling foreign investors to pump money into the energy sector, he said. The Budget has also outlined measures to support the development of solar capacity such as taking up the second phase of Solar Park development for an additional 20,000 MW capacity and the plan for installation of 1,000 MW of solar capacity at railway stations. “While these measures would support off-take from solar power, they would affect the demand for thermal power generation to some extent,” Majumdar said. The Make in India programme in the solar sector, which was being affected by imports of cheap Chinese modules, has also got a fillip. The significant rise in allocation under the Modified Special Incentive Package Scheme (M-SIPS) and the Electronics Development Fund (EDF), which provides capital subsidy of up to 25 per cent, is expected to benefit major domestic solar cell and module manufacturers, as well as foreign players planning to set up their manufacturing base in India, the Crisil report said. However, Vinay Rustagi, Managing Director of solar consulting firm Bridge To India, said the 10-year tax holiday and GBI (generation-based incentive) for the wind sector, as expected, have been phased out. “Reduction in corporate tax rates and MAT (minimum alternative tax) credit extension will help small- and medium-sized businesses. There is also some rationalisation of duty structure for components used in manufacturing solar modules to help domestic manufacturers,” Rustagi told IANS. The experts said there was no big bang or material announcement in the budget. “We wanted the Budget to address the issues of curtailments and payment delays that have increased substantially over the last one year for the renewable sector. A limited play guarantee fund only for renewables that can take care of payment delays to independent power producers beyond a defined timeframe of say three months would have gone a long way to get an exponential jump in investments from overseas investors, as well as domestic players,” Aggarwal said. “We are disappointed that there is no funding set aside for new transmission schemes or any skilling and customer education initiatives,” Rustagi added. Steve Atwater Jersey
Power ministry extends domestic manufacturing rule by 3 years
The Ministry of Power has extended by three years a clause whereby companies inviting bids for boilers and turbine generators of supercritical projects need to incorporate a condition of setting up of phased indigenous manufacturing facilities. The period of advisory had expired on October 2015 and the ministry has now extended it by three more years with minor changes in the guidelines, Central Electricity Authority said in a report. The advisory said, for a foreign bidder, the company should have a registered subsidiary or a joint venture (JV) company for manufacturing of super critical boilers or turbine in India. It further said the bidder in this case must maintain an equity participation of minimum 51 per cent in the subsidiary or minimum 26 per cent in the JV company during the lock-in period of seven years. For an Indian company, it has to have an experience of 500 Megawatt supercritical boiler or turbine and it should have a valid ongoing collaboration and technology transfer agreement, the document said. “Major part (minimum 75 per cent) of the land required for setting up the manufacturing facility should be in possession with clear title, prior to submission of bid in the name if the subsidiary/JV company,” CEA said. Shannon Sharpe Jersey
Govt moots 100 MW floating solar power plant in PABR
The State government is coming up with a novel idea of establishing a 100 MW floating solar power plant in the PABR Reservoir. Details are being worked out in this regard. The idea not only saves space but also reduces water evaporation losses as the solar floats give a cover to the water in the reservoir from Sun. New and Renewable Energy Development Corporation (NREDCAP) is also in the process of meeting its target to complete 1,000 mega watts of wind power generation by March 31, 2017. Already 400 megawatts of wind power generation has been commissioned and another 600 megawatts are in the execution stage and expected to be commissioned by March 2017. Dubbed as green corridor, Rayalaseema particularly Kurnool and Anantapur will have a total power generation of 3,000 megawatts – 1,000 MW in Kurnool and 2000 MW in Anantapur district. Close ad X The expansion of existing power plants is taking place in various mandals including Axis Wind Farm by 100 MW in Kuderu, Green Co at Saipuram by 100 MW, Skiron Energy at Polthuru by 226 MW, Ostro Energy by 200 MW in Kambaduru and Future Energy at Chennanpalle by 100 MW and also two other projects contributing to another 200 MW. AP Genco has plans to set up a 500 MW solar power plant at N P Kunta in the district sometime in 2017. These projects altogether would contribute to expansion of non-conventional projects – with further increase in wind power generation by more than 1,000 MW and solar energy production by another 500 MW. Presently, National Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) is engaged in overseeing establishment of Power Pooling Stations (PPS) at Kambaduru, Madancheruvu, Borampalle and other places to facilitate grid connection so that the power pooled from the sub-station areas could be transferred to the 220 KV sub-station at Borampalle and from there to the 400 KV sub-station at Uravakonda. These pooling stations will be completed by the end of March. NREDCAP District Manager Kodandarama Murthy told The Hans India that 30 years ago AP was brushed aside as a ‘No wind State’ but today it is producing 2000 MW of wind power out of the union government’s national target of 10,000 megawatts. Normally the minimum specification is 150 watts of wind power density per square metre area. “Modern machinery has enabled us to tap wind power even at 150 watts per square metre, a proposition not considered in the past on grounds of ‘not feasible’,” he said. What the power producers generated 10 lakh units in Ramagiri area is now able to almost double to 18 lakh units with latest equipment. Latest equipment enabled power producers to capture wind power even in low density wind power areas. Among the several players, Suzlon group, Gamesha, Inox, Wind World, Regen Power Tech, General Engineering, Tata and BHEL are major ones. Two companies Suzlon and Regen group are into manufacturing of wind fans to bring down transportation and import costs. The district is producing more than 1000 MW of power including old and new solar and wind projects in Kalyandurg, Uravakonda, Kadiri and Ramagiri regions. The wind power projects commissioned up to March 2015 were producing wind energy to the order of 792.94 MW capacity and subsequently another 401.10 MW have been added. The wind projects commissioned post 2015 are located at Atmakur, Beluguppa, Honnuru, Kalyandurg, Kudair, Pottipadu, Singanamala, Talaricheruvu, Tallimadugula and Vajrakaruru. Andhra Sugars of Mullapudi Harischandra Prasad was the first to set up a 3 MW wind power project at Ramagiri, followed by many others groups including BHEL, APSRTC, Navabharath Group, Deccan Cements, Rayalaseema Paper Mills, BSM Spinning Mills, Priyadarshini and ILFS setting up the plants and producing altogether 51.74 MW of power and supplying the same to the Power Grid.
Revival package for stalled hydropower projects soon: Piyush Goyal
Power minister Piyush Goyal said on Thursday he was working on a proposal to revive stalled hydropower projects to enable them to sell power at a competitive tariff. Addressing industry executives at The Verdict, the Mint-CNBC-TV18 conference on Budget 2017 in New Delhi, Goyal said his ministry will seek cabinet approval shortly on a proposal for financial re-engineering of stalled hydropower projects. He said the provision for budgetary support will be invoked as a last resort as it was vital for projects to be self sustaining. “We are working on revitalizing hydropower and see if tariff can be less than Rs5 a unit. Hydropower projects in hill states have become expensive due to associated infrastructure requirements. Budgetary support may be the last resort,” Goyal said, adding that the LED industry had become self sufficient and cost-competitive without government support. Former power secretary Anil Razdan, who was present on the occasion, said the 175 gigawatts (GW) of renewable energy capacity the government is targeting, requires a strong component of renewable energy storage capacity and other sources of power to balance the grid. Hydropower projects have a long gestation period of 2-10 years, he said. Many projects got stalled due to problems relating to land, finance, and promoters. Goyal said he would seek comments from all stakeholders, including NGOs, before finalizing the policy. The power ministry is keen to revive hydropower projects and attract fresh investments into this sector as it can be a valuable source of power that could balance the grid during the night and on cloudy days when solar energy supply drops. Goyal asked industry executives to take the lead in investing. Union budget for 2017-18 presented by finance minister Arun Jaitley on Wednesday proposed steps to promote clean energy including lowering of import duty on tempered glass that goes into manufacturing solar cells, panels and modules. O. J. Simpson Authentic Jersey
SKILL SHORTAGE BIGGEST CHALLENGE FOR POWER SECTOR’
The biggest challenge facing the power sector in the State is shortage of highly-skilled manpower. There is a need for skill development training, and industries’ help is needed for it, said Energy Department Secretary Hemant Sharma at a Confederation of Indian Industry’s (CII) Energy Conclave on ‘Emerging Power Sector and Priorities for Odisha’ here on Thursday. Sharma said though there is no shortage of infrastructure and funds, skilled manpower like fitters and technicians are not available for projects. There is a huge need for skilled manpower and the Government would provide all facilities to get trained and skilled personnel. The State has provided huge funds to develop massive infrastructure so that the initiative of ‘24×7 Power for All in Odisha is achieved. He further said now the power distribution companies can have access to Government funds for different projects. While some years ago there were 13 lakh consumers in the State now it has reached 65 lakh. Energy deficits are non- existent and the State has made a transition from shortage regime to surplus regime. Besides, the private sector involvement in thermal and solar power has improved the situation. Now, shortages are thing of the past and surplus power is a reality. However, by and large electricity is affordable in Odisha as the State Government has made huge investments. But on subsidies, he said path of revenue subsidies is a black hone and if one gets sucked in, one cannot get out it. So, the Government is making huge investments to make power affordable, he said. Talking about renewable energy, he said presently there is an energy mix and there is requirement for it. But renewable energy should be affordable for the consumer. Power is an infinite need and it would grow further. But to generate it, one is dependent on finite need like coal, which one does not know till when it would be available. So sustainability of resources is important, said Sharma. Nalco Director Production V Balasubramanyam said India has one per cent of oil reserves but 16 per cent of the world population. So it is a big challenge. Renewable energy would save energy and environment. But there is need for less consumption and more conservation of energy. Nalco is presently consuming 900 MW of power and with expansion of its projects it requirement would increase further. The Odisha Government should put u windmills and facilities for solar powar. Nalco will help in it. Then power for all can be a reality. But there is a need for green and clean energy, he said. Among others, KPMG partner and head, infrastructure, government and healthcare Ansh De also spoke. Korbinian Holzer Womens Jersey