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EDITORIAL Dear Energetica India Readers, Welcome to our Energetica India November/ December 2015 issue. The Securities and Exchange Board of India (SEBI) is set to unveil rules on monitoring the end-use of green bonds and may propose incentives for companies to issue them. The move is expected to enable Indian companies to raise capital at home through this instrument. It will also be a major step towards the government’s commitment on reducing India’s carbon footprint. Green bonds invest in environment-friendly projects in areas like renewable energy, waste management, clean transportation, sustainable water management and climate change adaptation. Recently, IDBI Bank has launched a US dollar denominated Green Bond issue having a size of $350 million and tenure of 5 years in November 2015. The issue received an overwhelming response from investors and was subscribed by 3 times. The issue was made under the $5 billion medium term note (MTN) programme listed on the Singapore Stock Exchange. With this, IDBI Bank has become the first Indian PSU bank to raise $350 million by selling Green Bonds, where proceeds are used for refinancing of clean energy projects in India assisted by IDBI Bank. Energetica India, again, in 2015 was the only Indian renewable energy magazine to be invited to the prestigious show of PV Taiwan 2015. Energetica India has been successfully expanding and reaching new frontiers for its readers, advertisers and other stakeholders. We capture the moments of the event in our article “PV Taiwan 2015- Visit Report”. The Indian renewable energy and cleantech industry is looking forward to United Nations climate meeting in Paris which is starting from November 30 to December 11, 2015. India is preparing an alliance of nations that get ample sunshine to form a united front. India also plans to raise the issue of lack of commitment by developed countries on the finance and technology front. Not only as an industry but also as part of India and the world, we look forward to the leaders reaching a solution to tackle global warming. Meanwhile in the November/December 2015 issue Energetica India meets two more industry leaders to learn more about latest industry trends: • Mr. Peeyush Gupta, Director- Sales & Marketing, UL • Mr. Aaditya R Dhoot, Organising Chairman of ELECRAMA Highlights of the November/December 2015 Issue • Batteries: Redefining the Clean Energy Paradigm by Mr.Vineet Mittal, Vice Chairman, Welspun Renewables For a long time, solar power has suffered the myth that it is only useful during the day. In the prevalent technologies, at average irradiance, utility scale solar plants silently power grids during the day and turn obsolete in the night. But as the battery storage technologies evolve, the solar energy landscape is poised for a quantum leap. • MNRE-UNDP/GEF Biomass Power Project Refinance Scheme In order to overcome challenges facing Indian biomass sector and to improve the viability of projects, funds of Rs. 15 crores from MNRE- UNDP/GEF Biomass Power Project are being used for refinancing of loans at concessional interest rates. We hope you enjoy reading our work. Omnimedia Group G2, Ground floor, of Trisandhya ‘B’ Dadasaheb Phalke Road, Dadar (East), Mumbai – 400 014 INDIA Tel: +91 22 6-9999-001 Rosa de Lima 1 bis, Edif. Alba, Office 104 28290 Las Matas. Madrid - Spain Tel +34 916 308 591 | Fax +34 916 308 595 © 2011 Omnimedia SL INDIA SPAIN OUR ALLIANCE PARTNER Energetica India is member of the Spanish Editorials and Newspapers publications Association. This association is member of FIPP, EMMA, CEPYME and CEOE. info@energetica-india.net | www.energetica-india.net EDITOR. EUGENIO PÉREZ DE LEMA eugenio@energetica-india.net DIRECTOR. GISELA BÜHL gisela@energetica-india.net INDIA COUNTRY MANAGER, INDIA. SONAM RAINA Sonam.r@energetica-india. net Tel: + 91 22 6-9999-002 INTERNATIONAL SALES DEPT.. BELA ANGELOVA bela@energetica-india.net JOURNALIST MOULIN OZA journalist@energetica-india.net SPAIN. ALVARO LÓPEZ ala@energetica-india.net FINANCIAL DIRECTOR. CARLOS FERNÁNDEZ carlos.f@energetica-india.net | LAYOUT & DESIGN. DANIEL CONEJERO contras-t.com | PRINTER. GRAFISUR Spain The views expressed in the magazine are not necessarily those of the editor or publisher. The magazine and all of the text and images contained therein are protected by copyright. If you would like to use an article from Energetica India or our website www.energetica-india.net you may obtain the rights by calling OMNIMEDIA, S.L. 4 energetica INDIA · NOV | DEC15


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