INSULOGIX
N Venu ABB Hitachi - LR | T&D India

N. Venu, MD & CEO, India and South Asia, Hitachi Energy

 

 

As we draw the curtain on 2023, the world stares at the rapid depletion of natural resources and imminent climate changes impacting the ecosystem. Global average temperatures were already inching above pre-industrial levels (+1.8°C), and greenhouse gas emissions reached a new high (57.4 GtCO2e in the previous recorded year). This ongoing phenomenon has brought the world together to phase down fossil fuel usage for a sustainable future.

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Pratik Agarwal, Managing Director, Sterlite Power

 

“The global focus on decarbonisation is increasing demand for our manufactured products and services, such as conductors, cables, and OPGW and the company is building a large order book for exports to developed markets. On the other hand, unprecedented growth in demand for data has put our Convergence business on a high-growth trajectory.

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Rajesh Gupta, Founder & Director, RecycleKaro

“World EV Day, celebrated on September 9, represents the entire EV Ecosystem and our collective responsibility for growth. It’s an opportunity to shed light on crucial industry issues.

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Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures

JK Agarwal Genus Elecrama | T&D India

 

“Smart meters are an important part of the transformation of the power distribution domain, and we are proud to be playing a leading role in this transformation. These orders will enable us to deploy our smart metering solutions to millions of homes and businesses in India, and we look forward to working with our customers to help them reduce their energy consumption and improve their energy efficiency.”

 

 

Jitendra Kumar Agarwal was quoted saying this when Genus Power Infrastructures Ltd won a major smart metering order under the RDSS scheme.

 

Natarajan Chandrasekaran, Chairman, Tata Power

Natarajan Chandrasekaran Chairman Tata Power | T&D India

 

“The distribution business has done well. It continues to serve more than 12 million customers, making your company the largest private power distribution utility in the country. Odisha discoms, where all the four distribution companies have reported substantial reduction in AT&C losses, delivered PAT of around Rs.253 crore. The AT&C losses across four discoms have been brought down by nearly 10 per cent. Tata Power will continue to invest across the four discoms in Odisha with the objective of further reducing the AT&C losses.”

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Anil V Kale, AVP, Strategy & Regulatory, PXIL

 

“Future development in power sector is dependent on increasing the scope of market-based electricity transaction in the country, in this regard Market Coupling can help create a more integrated and efficient Indian electricity market which support the growth of multiple power exchanges by increasing market liquidity, enhances competition and allows optimal utilization of transmission capacity, enabling power exchange platform to enlarge their Market Infrastructure Institution (MII) role in electricity space.”

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Harsh Shah, CEO, India Grid Trust (IndiGrid)

IndiGrid

“It is a welcome amendment to the Finance Bill 2023. In sync with the spirit of the distribution methodology, the adjustment of ‘Capital Repayment’ component of the DPU against cost of acquisition will help in bringing the much-needed clarity on taxability of distributions.

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Lalit Tiwari, President EHS & Group Chief Sustainability Officer, Kalpataru Power Transmission Ltd

“Being one of the largest listed specialized EPC companies of India, Kalpataru Power Transmission Ltd  is constantly working on integrating sustainability in its operations through responsible business practices. The company is working towards providing sustainable infrastructure solutions in all its businesses including power transmission, railways, oil & gas, buildings & factories. The brand’s environmental strategy is driven by three Rs – reduce, reuse and recycle.

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N Venu, MD & CEO, Hitachi Energy India

Hitachi

“Power is the much needed fuel to usher the next level of growth in the country to reach our ambitions of sustainable growth. It is very encouraging to see R. K. Singh, Union Minister for Power, New & Renewable to make the clarion call for the energy companies to double their capacity to increase clean energy generation. Electricity will be the backbone of the energy system and play a vital role in writing the growth story of the economy. At Hitachi Energy, we have been investing in people and technologies. We recently inaugurated our 19th factory in the country which will support clean energy transition. This will further strengthen our efforts to advancing sustainable energy future for all.”

 

 

N. Venu said this in response to the address of R.K. Singh, Union Power Minister, at the inaugural session of Elecrama 2023, on February 18, 2023

Dr. Rajib K Mishra, CMD (Addl. Charge), PTC India Ltd

“Trading volumes during the period were impacted due to high tariffs in short term power markets and supply side constraints on back of high prices of imported and e- auction coal. PTC’s robust business model that has withstood the volatile market prevailing in the first two quarters has also allowed us to explore newer models especially in the renewable energy aggregation space.

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