Bloomberg UTV Power Summit 2011 - Quoted from this conference
THE POWER SUMMIT 2011, organised by BloombergUTV, India’s premier business channel, opened the second day with the inaugural address by Chief Guest, Shri. Sriprakash Jaiswal - Hon’ble Union Minister of Coal at the Taj Mansingh in New Delhi. The theme of the three day summit is “Future Power, Future Strategies – A New Paradigm.”
Shri Sriprakash Jaiswal in his inaugural address, asking coal companies to fast track the production mechanisation, said “Coal companies have been slow in appropriate mechanization. They need to fast track the mechanization process. Coal sector in India is yet to be opened for private investments in commercial coal-mining. Coal Production is a big challenge. India has to be dependent for few more years for import of coal.”
Shri Sriprakash Jaiswal, speaking about the challenges in the sector, further added, “The energy issues with environmental concerns are more challenging. Proper maintenance of system for transportation is required. Critical areas in enhancing coal production are road infrastructure, railways, timely acquisition of land, large scale import, handling imports carefully”. He also asked the Ministry of Power to target for higher growth of energy to minimise the gap between demand and supply.
Shri Dipesh Dipu, Director – Energy and Resources, Deloitte, speaking at the Summit said, “A serious problem that plagues the industry is the availability of coal as well as the facility to transport whatever is available. There are a large number of coal blocks in the country which have not been tapped primarily due to rail connectivity. The Government should look at auctioning these coal blocks and provide them with appropriate connectivity to railway networks.”
Shri Pradeep Singh, VC and MD, IDFC Project, speaking in a panel discussion on ‘Challenges faced by Independent Coal Power Producers’ said, “There is enough coal for your and my lifetime; point is to get it out. Private sector should not be given the right to handle the natural resources. It is the right of the government and the private sector should be given the right to refine and supply them”
Shri R T Agarwal, Director - Finance, Power Grid Corporation of India said “There are certain areas where there is availability of coal, but distribution companies are not willing to buy it. There is affordability in the market but not connectivity in the buyer and seller.”
Dr. Rahul Walwalkar - VP (Emerging Technologies), Customized Energy Solutions, said ‘’Successful reforms have taken place on the generation side, but the problem lies in distribution reforms. Open access is the most possible solution for the distribution and transmission issues faced by the industry’’
Shri Anil Daulani – Business Head – Utilities, HCL Infosystems Ltd. said, “India is a large country and reaching all its corners has its own challenges and, in most cases, the problems are very local. These can be addressed through PPP and franchise models and there is enough technology available in the country to support this. What also is critical is that the Government puts in place appropriate regulatory framework before allowing any of these models to be implemented.”
The POWER SUMMIT 2011 has been conceptualized and executed by BloombergUTV PULSE Conferences & Summits, a division of BloombergUTV that specializes in customized solutions for client brands and as an extension of its services to offer specialized conferencing & exhibitions solutions to clients.
Shri Sriprakash Jaiswal, speaking about the challenges in the sector, further added, “The energy issues with environmental concerns are more challenging. Proper maintenance of system for transportation is required. Critical areas in enhancing coal production are road infrastructure, railways, timely acquisition of land, large scale import, handling imports carefully”. He also asked the Ministry of Power to target for higher growth of energy to minimise the gap between demand and supply.
Shri Dipesh Dipu, Director – Energy and Resources, Deloitte, speaking at the Summit said, “A serious problem that plagues the industry is the availability of coal as well as the facility to transport whatever is available. There are a large number of coal blocks in the country which have not been tapped primarily due to rail connectivity. The Government should look at auctioning these coal blocks and provide them with appropriate connectivity to railway networks.”
Shri Pradeep Singh, VC and MD, IDFC Project, speaking in a panel discussion on ‘Challenges faced by Independent Coal Power Producers’ said, “There is enough coal for your and my lifetime; point is to get it out. Private sector should not be given the right to handle the natural resources. It is the right of the government and the private sector should be given the right to refine and supply them”
Shri R T Agarwal, Director - Finance, Power Grid Corporation of India said “There are certain areas where there is availability of coal, but distribution companies are not willing to buy it. There is affordability in the market but not connectivity in the buyer and seller.”
Dr. Rahul Walwalkar - VP (Emerging Technologies), Customized Energy Solutions, said ‘’Successful reforms have taken place on the generation side, but the problem lies in distribution reforms. Open access is the most possible solution for the distribution and transmission issues faced by the industry’’
Shri Anil Daulani – Business Head – Utilities, HCL Infosystems Ltd. said, “India is a large country and reaching all its corners has its own challenges and, in most cases, the problems are very local. These can be addressed through PPP and franchise models and there is enough technology available in the country to support this. What also is critical is that the Government puts in place appropriate regulatory framework before allowing any of these models to be implemented.”
The POWER SUMMIT 2011 has been conceptualized and executed by BloombergUTV PULSE Conferences & Summits, a division of BloombergUTV that specializes in customized solutions for client brands and as an extension of its services to offer specialized conferencing & exhibitions solutions to clients.
posted by Dipesh Dipu @ 1:36 AM
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