Energetica India nº91 July August 2020

EDITORIAL Dear Energetica India Readers, We welcome you to ………… edition of Energetica July-Aug 2020. The COVID-19 pandemic has changed the business dynamics and human way of living, forcing the governments to re- think. This is hurting the economy and the power sector is not an exception. During the lockdown, India witnessed a decrease in power demand which may negatively impact the Indian discoms. The Energy and Resources Institute (TERI) has proposed leveraging clean energy to revive the Indian economy following the negative business sen- timent from Covid-19. TERI has men- tioned that clean energy projects of Rs 40 lakh crore, over the next 10 years, could create demands and jobs for India. Energetica India Exclusive Story : The COVID-19 pandemic highlighted the im- portance of self-sufficiency. The recent weeks has seen the Indian government is promoting the concept of AtmaNirbhar Bharat for all the industries including the Indian solar industry. Can the govern- ment’s policy of extending safeguard duty and basic custom duty on solar import help boost the Indian solar man- ufacturing? Energetica India speaks to the industry stalwarts to study the ex- pected impact of the new policy update. Energetica India also meets up with in- dustry leaders to get more insights into the industry trends: 1. Mr. AnimeshDamani, Artha Energy Resources 2. Miss. Lisa Zhang, Growatt 3. Mr. Vivek Chaturvedi, DSM 4. Miss. Kadri Simson, European Commission India Start-up Story : Energetica India has initiated a start-up section to show- case interesting ventures in the field of renewable energy, energy efficiency & conservation, EVs and sustainability. In this edition, we cover ALBJ Green Power, a company that has developed a unique power generation technology solution called Yunay. It’s vision is to de- ploy power plants which can generate electricity at zero fuel cost and 100 per cent pollution free for B2B market, and to build power generation boxes for home and commercial purposes to generate electricity ‘24X7’. Some interesting and informative arti- cles in this section include: 1. India towards AtmaNirbhar Bharat by Debi Prasad Dash, Executive Direc- tor, India Energy Storage Alliance (IESA) 2. Target oriented approach can boost Solar Heating in Food Processing by Jaideep N. Malaviya; Project Head – So- lar Payback, India 3. Long term prospects for Renew- ables remain in-tact; Near term head- winds amid the COVID impact on discoms’ finances by Girish Kumar Kadam, Vice President, Sector Head - Corporate Ratings, ICRA Ltd We hope you enjoy reading our work. Please feel free to write to us at manu@ energetica-india.net with your feed- back. We are always open to speak to our readers and learn how we can support them in their business growth. 4 energetica INDIA- July-Aug_2020 Flat 04, 2nd Floor Picasso Terrace Kedari Nagar, Opposite AYE fi nance Wanowrie, Pune, Maharashtra 411040 SPAIN C/ Pollensa 2, Edi fi cio Artemisa - O fi cina 12 28290 Las Rozas (Madrid) Spain Tel +34 916 308 591 I Fax +34 916 308 595 Director India Business Development Global Sales:- Alvaro Lopez ala@energetica21.com Associate Editor India:- Manu Tayal manu@energetica-india.net Financial Director:- Carlos Fernández carlos.f@energetica21.com Layout & Design:- Daniel Conejero I Printer:- Grafisur Hemant Arora hemant@energetica-india.net Group Editor:- Eugenio Pérez de Lema eugenio@energetica-india.net Director:- Gisela Bühl gisela@energetica-india.net