
Attend to transmission & land issues for achieving target of 500 GW RE generation, industry urges governments
He was speaking at a seminar on Renewable Energy Transition for Commercial and Industrial (C&I) Consumers in the Southern Region, held by FICCI and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, here on Wednesday.
Ghanshyam Prasad, Chairperson, Central Electricity Authority, Government of India, said, 'India is going through a transformative energy transition, and the Central Electricity Authority is committed to guiding this monumental shift towards a cleaner, more sustainable future. We're committed to grid reliability, seamless renewable integration, and strategic storage deployment, creating an enabling environment for all stakeholders to accelerate India's sustainable, energy-secure future.'
During his opening address, Gaurav Gupta, Additional Chief Secretary, Energy Department, Government of Karnataka, said, the State was proud to lead the country's renewable energy transition, with over 70% of its installed capacity already sourced from green power.
'We recognise the immense potential of the C&I sector to accelerate our green transition. The sector is a crucial partner in this journey, and our State policies are meticulously designed to empower C&I customers to embrace renewables through open access and innovative solutions,' he added.
Karnataka's strategic foresight, encapsulated in its comprehensive resource adequacy plan, provided a robust 10-year blueprint to meet future demand, and double its installed renewable energy capacity by 2030, said Pankaj Kumar Pandey, Managing Director, Karnataka Power Transmission Company Limited (KPTCL).
He said that the KPTCL was proactively building the electrical highways of tomorrow, including high-voltage 765 KV substations, to seamlessly deliver clean power from generation hubs to demand centres.
Mr. Pandey also said, 'Simultaneously, we are making significant investments in Battery Energy Storage Systems and Pumped Storage Projects to ensure grid stability and round-the-clock availability of green power.''
This strategic integration of generation, transmission, and storage ensures that Karnataka remains a competitive and attractive destination for industries, offering reliable, affordable, and sustainable power, he added.
The event brought together a diverse group of industry leaders, policymakers, and C&I consumers to discuss the roadmap to achieve 100% RE for C&I consumers in South India.
The seminar underscored the growing momentum for energy transition from fossil fuels to sustainable renewables, with a particular focus on the critical role of the Commercial and Industrial segment. Accounting for over 50% of the nation's electricity consumption, the C&I sector was highlighted as a key driver in achieving a structural shift towards clean power across India, according to industry players.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
13 hours ago
- Business Standard
India Inc sees capex, demand surge after Modi's Next-Gen GST overhaul plan
India's corporate leaders are betting on revival in capital spending and consumer demand after Prime Minister Narendra Modi on Friday vowed to deliver sweeping goods and services tax (GST) reforms by Diwali. The overhaul, described by Modi as a 'Diwali gift' during his Independence Day address, aims to lower tax rates, simplify compliance, and modernise the GST system to make it more growth-friendly. Corporate leaders expect the planned revamp to cut levies on daily-use goods, rationalise rates to address inverted duty structures, and move towards a two-slab framework — one standard rate and a lower merit rate for essentials, with special rates for food products. The reforms will focus on easing the tax burden on small industries and micro, small and medium enterprises (MSMEs). It will make compliance less cumbersome through technology-driven measures such as pre-filled returns, faster refund processing, and fully digital registration. Industry executives say the potential impact on investment decisions could be significant, particularly in manufacturing, logistics, housing, and consumer goods. 'We applaud the announcement of a comprehensive GST review after eight years, which will reduce tax burden on consumers and businesses and enhance ease of doing business. The commitment to reduce compliances, eliminate redundant regulations and create a dedicated reform task force will strengthen India's position as a global manufacturing hub. We endorse PM's vision of producing world-class quality products at competitive costs, and the industry assures its commitment in realising this goal,' said Harsha Vardhan Agarwal, President of Federation of Indian Chambers of Commerce & Industry (FICCI). Satyakam Arya, managing director (MD) and chief executive officer (CEO) of Daimler India Commercial Vehicles, said the simplified GST would reduce operating costs across the vehicle value chain and stimulate demand for trucks and buses. 'The proposed reforms will further strengthen our ability to invest in advanced, efficient technologies, create more local jobs, and enhance India's role as a competitive global manufacturing hub,' Arya said. He added that a stable tax framework would support its long-term capacity expansion. In real estate, Pradeep Aggarwal, founder and chairman of Delhi-based Signature Global (India) Ltd, said the reforms could help rationalise input prices, improve cash flows, and make housing more affordable for buyers. 'Long-term clarity on tax rates will enable the real estate sector to plan projects with greater confidence and better cater to the evolving needs of homebuyers,' Aggarwal said. Corporate advisors say moving to a two-rate GST structure would align India with advanced economies, reduce classification disputes, and encourage compliance. 'Reduction in GST rates will contribute to price reductions, which will lead to increased consumption,' said MS Mani, partner at Deloitte India. He added, 'However, the absence of anti-profiteering provisions now would make it incumbent for businesses to self-regulate and pass on the reductions to consumers.' The GST overhaul comes as the government seeks to accelerate growth to achieve its goal of making India a developed nation by 2047. Economists say a simpler, investment-friendly tax regime could bolster both domestic and foreign investment. It would provide a tailwind to manufacturing and exports at a time when global trade remains under pressure. 'This is more than just a policy shift, it's a signal of confidence in India's consumption story,' said Mohit Malhotra, CEO at Dabur India.


The Hindu
2 days ago
- The Hindu
FICCI to organise meetings in Coimbatore, Tiruppur on opportunities in the UAE
The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Sharjah Airport International Free Zone (SAIF Zone) will organise a special series of Business to Business meetings in Coimbatore and Tiruppur on August 18 and 19 under the theme 'Expand Your Business in International Markets through UAE.' The meetings in Coimbatore will be held on August 18 and 19 at Radisson Blu, in association with the Coimbatore District Small Industries Association (CODISSIA), the Indian Chamber of Commerce and Industry Coimbatore, the Southern India Mills Association (SIMA), the Southern India Engineering Manufacturers' Association (SIEMA) and the Indian Texpreneurs Federation (ITF). The Tiruppur edition will be held on August 20 at Fortune Park Hotel, in association with the Tirupur Exporters' Association (TEA). A press release said the aim is to create awareness among businesses in Tamil Nadu about the strategic advantages of expanding operations to the UAE, especially through SAIF Zone. The meetings will focus on sectors such as textiles and apparel, engineering goods, auto components, food processing, renewable energy, ceramics, and agro-equipment. Representatives from SAIF Zone will engage directly with Indian companies to discuss investment opportunities, operational support, and the ease of establishing businesses in the UAE. Participants will also gain insights into leveraging the India–UAE Comprehensive Economic Partnership Agreement (CEPA), which offers duty-free access and regulatory facilitation for over 97% of Indian goods exported to the UAE. Participants need to register in advance, the release said.


Hans India
2 days ago
- Hans India
FICCI and AMPIN's Flagship Event Focuses on 100% Renewable Roadmap for Customers
Bengaluru: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition in collaboration with Deloitte and Sumitomo Corporation, today successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region.'The event brought together a diverse group of industry leaders, policymakers, and C&I consumers to discuss the roadmap to achieve 100% RE for Corporates and Industrial consumers in South India. In a video message, Ghanshyam Prasad, Chairperson, Central Electricity Authority, Government of India, said, 'India is in a transformative energy transition, and the Central Electricity Authority is committed to guiding this monumental shift towards a cleaner, more sustainable future. The C&I sector plays a vital role in India's clean energy journey, boosting national goals and global competitiveness through a green identity. We're committed to grid reliability, seamless renewable integration, and strategic storage deployment, creating an enabling environment for all stakeholders to accelerate India's sustainable, energy-secure future." Delivering the inaugural address, Gaurav Gupta, Additional Chief Secretary, Energy Department, Government of Karnataka, said, 'Karnataka is proud to lead India's renewable energy transition, with over 70% of our installed capacity already sourced from green power and we recognize the immense potential of the C&I sector to accelerate our green transition. The sector is a crucial partner in this journey, and our state policies are meticulously designed to empower C&I customers to embrace renewables through open access and innovative solutions. We are committed to building a resilient, green, and future-ready Karnataka, and we invite all stakeholders to collaborate in this transformative endeavor." In his opening address, Pinaki Bhattacharyya, Co-Chair, FICCI Renewable Energy CEOs Committee and Founder, CEO & Managing Director, AMPIN Energy Transition, said, 'Southern India has long been at the forefront of renewable energy adoption and remains a beacon for the nation's green future. Transitioning to 100% renewable energy is not only achievable but brings compelling economic benefits, including significant energy cost savings. AMPIN, with a robust ~3 GW renewable energy portfolio in the South, is driving this transformation for C&I customers and unlocking the region's vast 33 GW renewable energy potential in the next 4 years. The potential for C&I renewable energy in the southern region is immense, representing a significant win-win for industries, states, and the India's net zero ambitions. We stand as a long-term partner, delivering multi-technology solutions and strong financial backing to help businesses achieve energy independence' In a video message by Sudeep Jain, ACS, Ministry of New and Renewable Energy, Govt of India shared, 'India's renewable energy transition is gaining strong momentum, with non-fossil fuel sources now accounting for 50% of power generation, driven significantly by the Ministry of New and Renewable Energy (MNRE). The C&I sector, responsible for half of the country's electricity consumption, plays a critical role in this transformation. Flagship initiatives like the PM Surya Ghar Yojana have brought rooftop solar to 1 crore households, while advancements in green hydrogen and green ammonia are set to reduce costs and enhance adoption in the near future. Southern states remain at the forefront, with 20 GW of wind and 30 GW of solar already deployed and an additional 17.5 GW planned by 2030, cementing the region's leadership in India's clean energy journey. Sharing views through a video call, Aneesh Shekhar, Managing Director, Tamil Nadu Green Energy Corporation Limited (TNGECL), Government of Tamil Nadu, said, 'Tamil Nadu's leadership in renewable energy, rooted in our pioneering wind adoption since the 1980s and our rapid growth in solar, has been significantly powered by our C&I consumers. Their robust participation, largely through open access, has been a win-win, enabling the state to green its grid without capex while offering substantial tariff benefits. As we look to double our installed capacity, our strategic focus is firmly shifting towards solar and, critically, Battery Energy Storage Systems. The next vital phase of our energy transition hinges on how we integrate C&I consumers into this burgeoning storage market. We are actively evolving policies and regulations to facilitate C&I participation, recognizing that storage is the most critical infrastructure to achieve our ambitious goal of 30 GW of storage by 2030. This continued partnership will be paramount in securing Tamil Nadu's green and resilient energy future.' The VC and Managing Director, New and Renewable Energy Development Corporation of Andhra Pradesh, Kamalakar Babu communicated his views through a video message. He said, 'Today's seminar marks a pivotal moment for commercial and industrial consumers across the southern region as we collectively navigate the critical renewable energy transition. Andhra Pradesh is proud to be at the forefront of this journey, demonstrating a strong commitment to creating an amicable and affordable clean energy ecosystem. Our recently launched Integrated Clean Energy Policy is a testament to this resolve, designed to catalyze significant investment, foster job creation, and accelerate our journey towards a sustainable and energy-secure future, aligning perfectly with national aspirations like Viksit Bharat 2047.' Addressing the gathering, Pankaj Kumar Pandey, Managing Director, Karnataka Power Transmission Company Limited, Government of Karnataka, said, 'Karnataka has long been a pioneer in renewable energy, with nearly 63% of our installed capacity already from renewable energy sources. Our strategic foresight, encapsulated in our comprehensive resource adequacy plan, provides a robust 10-year blueprint to meet future demand and double our installed renewable energy capacity by 2030. KPTCL is proactively building the electrical highways of tomorrow, including high-voltage 765 KV substations, to seamlessly deliver clean power from generation hubs to demand centers. Simultaneously, we are making significant investments in Battery Energy Storage Systems and Pumped Storage Projects to ensure grid stability and round-the-clock availability of green power. This strategic integration of generation, transmission and storage ensures that Karnataka remains a competitive and attractive destination for industries, offering reliable, affordable, and sustainable power. We look forward to collaborating with commercial and industrial leaders to accelerate this transition and secure a sustainable future for the southern region.' The seminar underscored the growing momentum for energy transition from fossil fuels to sustainable renewables, with a particular focus on the critical role of the Commercial and Industrial segment. Accounting for over 50% of the nation's electricity consumption, the C&I sector was highlighted as a key driver in achieving a structural shift towards clean power across India. The Partner, Deloitte India, Anish Mandal said, 'Commercial and Industrial consumers are undeniably leading the charge in India's renewable energy transition. Their accelerated adoption is driven by a powerful combination of internal sustainability mandates and compelling economic advantages, proving that green energy is not just an environmental imperative but a strategic business decision. We are seeing this shift strongly supported by progressive policy enablers like green open access and virtual Power Purchase Agreements, alongside rapidly advancing storage solutions, creating an unprecedented opportunity. The southern region holds immense untapped potential for this green shift. Looking ahead, innovations like energy aggregators will be vital in democratizing access and accelerating adoption across all segments, including MSMEs, solidifying renewable energy as a strategic imperative for businesses across the nation." Thanking the speakers and audience, Arpan Gupta, Director, FICCI, said, 'Today's seminar has been profoundly insightful, underscoring the immense scale of opportunity in India's renewable energy transition towards our net zero targets. We are encouraged by the collaborative spirit shown by policymakers, industry leaders, and experts in addressing the opportunities translating into tangible outcomes.' Attendees gained actionable insights from leading renewable energy stakeholders and C&I consumers, who shared real-world strategies for accelerating their transition. Discussions highlighted the compelling business case for renewables—delivering significant cost savings, operational efficiencies, and stronger sustainability outcomes. As a leading partner in India's energy transition, AMPIN Energy Transition brought its expertise in innovative solar, wind, and hybrid solutions to the forefront—demonstrating scalable models for commercial and industrial customers to achieve net-zero ambitions. The high-impact seminar featured expert presentations, interactive discussions, and strategic networking, fostering collaboration among policymakers, industry leaders, technology innovators, and corporate decision-makers. This joint initiative by FICCI, AMPIN Energy Transition and Deloitte aims to enable businesses across Southern India to take bold, practical steps toward a cleaner, more resilient energy future.