STAKEHOLDER MEETING ON INDIA ENERGY SECURITY – 2030

STAKEHOLDER MEETING ON INDIA ENERGY SECURITY – 2030

March 29, 2018

Centre for Economic Policy Research or CEPR, organized a roundtable discussion on India Energy Security – 2030 which was sponsored by GAIL. The discussion was moderated by Senior Journalist, Sh. Anilesh S. Mahajan, who set the tone of the discussion.

The discussion  was attended by former top bureaucrats along with top CEOs like Dinesh Sarraf, ex-chairman, ONGC, Sh. R S Butola, ex-chairman, Indian Oil Corporation, B K Chaturvedi, ex-cabinet secretary, Govt of India, Sh. Ashok Balyan, CEO, Reliance oil and gas, Sh. Vineet Mittal, Chairman, AVAADA Group, Sh. Anil Razdan, ex- power secretary Sh. GC Chaturvedi, ex-petroleum secretary, Sh. I A Khan, Chairman Telangana Electricity Regulatory Commission, Dr. Ashwani Mahajan, National Co-Convenor, Swadeshi Jagran Manch,  Sh. Rahul Walawalkar,  President, Customized Energy Solutions  Sh. Sunil Jain, CEO, Hero Future Engines, Sh. Saji Narayanan C.K, Sh. R.K. Tyagi, ex-chairman HAL and Dr. Subhash Sharma Director, CEPR.

The aim of the event was to look for solutions, which will help India secure the energy fortunes and make the country self-sufficient. And also play a pivotal role in creating more business opportunities for indigenous players and employment generation. The discussion started with the references tor reports made by the erstwhile Planning Commission and in continuity at NITI Aayog. The latest report, indicated that country will need 6-7 per cent more energy, but there is a stronger need of diversification of energy basket as well as the sources of imported fuel.

The industry experts present at this roundtable, especially Sh. Sarraf and Sh. Butola lauded the government’s efforts to liberalize th exploration policy and ensuring marketing freedom. In this roundtable, a deliberate effort was made to make all the stakeholders sit and talk to each other, so that a comprehensive energy road map can be drawn. The coal based generators talked about the challenges faced because of challenges of evacuation of fuel.

The roundtable also discussed the challenges faced because of not so benign infrastructure sharing mechanism. The gas players pointed out that there is a good need of cheaper and assured supplies of gas. Sh. Sarraf , who is at present chairman of Petroleum and Natural Gas Regulatory Board, or PNGRB noted the observations and said that regulator is committed to reform the energy network in the country, especially gas.

Sh. Walawalkar gave a detailed presentation on need of policy framework to support the energy storage mechanism in the country.


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