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Vikram Solar

Gyanesh Chaudhary, MD & CEO, Vikram Solar

“The Safeguard Duty Notification issued by The Ministry of Finance does not provide exemption to the projects which have already been auctioned out (approximately 20-25 GW ). This will completely derail the solar industry. To add on to that, the notification does not provide any relief to solar cells and modules manufactured in SEZ and cleared to DTA. Currently, 40 per cent of solar module manufacturing units and 60 per cent of the solar cells manufacturing units are located in SEZs.

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Tulsi Tanti, Founder & CMD, Suzlon Group

Suzlon

India’s renewable energy target increased to 227 GW from 175 GW by 2022, echoes the government’s commitment to increase the share of renewables in India’s energy architecture and enable the transition to a low carbon economy. The additional 52 GW will also boost governments ‘Make in India’ vision apart from creating new jobs in the country.

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Subhash Sethi, Chairman, SPML Infra Ltd

Subhash Sethi SPML Infra

Distribution franchisee (DF) model is neither a new concept nor is it popular with power companies! The idea behind DF was to encourage private participation in power distribution for improving electricity access to people. The motive behind its introduction in rural areas was to increase electricity access in view of the limited reach of power utilities. In urban areas like towns and cities, the idea was to reduce technical and commercial losses.

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Devtosh Chaturvedi, MD, Feedback Energy Distribution Co Pvt Ltd (FEDCO)

Devtosh Chaturvedi FEDCO

There is an urgent need to re-evaluate the model contours of private sector participation in the power distribution space. The existing IBDF (input-based distribution franchisee) model was conceptualized about 12 years back with the realities that were relevant then. The sector has undergone changes since then and current realities are different from the time when this model was conceptualized. “One size fits all” does not cater to today’s need, hence need of the hour is to work our multiple models of private sector participation to help discoms achieve their objectives within the specified time.

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Shreegopal Kabra, President, IEEMA

IEEMA

Over the years, the Indian electrical equipment industry has developed a diversified, mature and strong manufacturing base, with robust supply chain, and a rugged performance design of products. There is also an emerging global reputation of Indian electrical equipment for sourcing of base products and components and also of Indian transmission and other EPC contractors.

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Ajithkumar Kesavan, Director Marketing & Sales, Lucy Electric India

India’s private discoms have been at the forefront of recent smart grid development. Both wholly-owned and public-private discom consortiums, have invested in advanced metering infrastructure (AMI), IT, and automation solutions to reduce network losses and improve grid reliability. This has improved the commercial basis for the industry which has faced many challenges to due legacy pricing issues.

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Yogesh Mudras, Managing Director, UBM India

Year 2017 witnessed various developments in the renewable energy sector in terms of growth, which was fueled by policies, reforms and investments given that it is one of the focal areas. The continued government support and improved economics attracted more investments in the developmental growth of the sector.

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Tulsi Tanti, Founder & CMD, Suzlon Group

The structural changes introduced by the government last year augur well for the Indian economy in the long term. The introduction of the Goods and Services Tax (GST) will have a positive effect on the overall health of Indian economy, especially when accompanied by further reforms. Focused reforms on doing business have helped India move up the rankings on ‘Ease of Doing Business’ by 30 places to 100th position. The expectations from the Union budget 2018-19 are:

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Shrinivas Chebbi, President – Building Business, Greater India Zone, Schneider Electric India

We expect the Union Budget 2018 to have significant growth-centric announcements in terms of energy conservation and effectively implementing policies in the adoption of safe, reliable efficient and sustainable buildings.

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Anil Chaudhry, Country President & MD, Schneider Electric India

Schneider Electric

The years 2016 and 2017 witnessed major policy reforms by the government of India, including GST implementation, a boost to the renewable sector and some specific financial push to the overall infrastructure segment of the country. We expect the upcoming financial year to reap benefits of the investments and initiatives made by the government in the last few years.

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