Interviews
Our Company is working on both EPC business as well as in green energy initiatives
Maire Tecnimont is an industrial group in the natural resources transformation sector: technology, engineering, and construction in the oil and gas downstream and in the energy transition. The Group can contribute to the industrialisation of circular economy with waste-to-chemicals technologies, and to the increased energy demand coming from the renewable sector, shared Mr. Milind V. Baride, India & Mongolia RVP, Maire Tecnimont in an interview with Energetica India. Mr. Baride added that through the Indian subsidiary Tecnimont Pvt. Ltd., the company is executing three EPC projects for Indian Oil Corporation.
Our vision for the company is to be a brand to contend with in the EV two-wheeler segment
Greta Electric Scooters is planning on expanding its network in the domestic as well as the international market. To achieve this vision, we will work on maintaining our competitiveness and focus on clearing all the stringent international standards while incorporating state-of-the-art features, shared Mr. Raj Mehta, Founder and Managing Director of Greta Electric Scooters in an interview with Energetica India. Mr. Mehta added that E-scooters are under road test in Europe.
Our innovation strategy is advancing our commitment to cleaner, lower-carbon technology
Eaton is in the middle of a massive transformation that will see us emerge as an intelligent power management company. In this regard, we have also made a few significant strategic acquisitions recently. Our focus is primarily on Energy Transition (a shift from energy consumers to energy prosumers), e-mobility solutions, and Digitalization, said Syed Sajjadh Ali, Managing Director - India, Electrical Sector, Eaton in an exclusive interview with Energetica India. Mr. Syed also discussed about his company’s various product offerings, energy transition journey etc.
For the upcoming 15th Edition, Elecrama 2023, we have more than 1,500 exhibitors
This time we will have buyers from all over the globe. In this RBSM, we are expecting over 700 buyers from across the globe – South East Asia, Africa, Latin America, North America, Europe, etc. We will now be in a position to cover the whole world, says JK Agarwal, Chairman, Elecrama 2023, in an interaction with Energetica India. Mr. Agarwal also discussed about his broad vision for Elecrama, IEEMA Start-up Challenge, etc. Here’re the edited excerpts from that interaction:
By July 2025, we would be in the market to deliver a complete 10 GW integrated capacity
We already had a manufacturing capacity of 2 GW, another 2 GW line would be added by July 2023, and thereafter, we would add another 6 GW capacity progressively by July 2025, with our complete ecosystem not only polysilicon to module line but including all the ancillaries. By July 2025, we would be in the market to deliver a complete 10 GW integrated capacity, shared Mr. Anil Gupta, MD & CEO of Adani Solar, and Mr. Rahul Bhutiani, Head Sales & Marketing at Adani Solar, in an exclusive interview with Manu Tayal, Senior Associate Editor, Energetica India. Here're the edited excerpts:
BPCL Plans to Spend Around Rs 25,000 Cr in Building Renewable Energy Capacity
Digital transformation under Project Anubhav - a bold step by BPCL to create exceptional & consistent customer experience on three foundational pillars - Convenience, Personalization and Trust. BPCL plans to spend around Rs 25,000 crores in building renewable energy capacity and we're committed to spending more going forward, disclosed Mr. Raman Dhillon, Head - Digital Transformation, BPCL in an exclusive interview with Manu Tayal, Senior Associate Editor, Energetica India. Mr. Dhillon also discussed about his company's foray into renewables like Solar, Biofuels, EV etc.
Our decade-end goal is to sell green molecules, not green energy
We are going to be a sand-to-molecule company. We will convert sand into silica, silica into wafer, wafer into cell, cell into module, module into electricity, and electricity into green ammonia, green methanol, and sustainable aviation fuel. Our decade-end goal is to sell green molecules, not green energy, says Mr. Vineet Mittal, Chairman, Avaada Group in an interaction with Manu Tayal, Senior Associate Editor, Energetica India. Mr. Mittal also discussed on various topics including his company's business expansion strategy, expectations from the govt ahead of the Union Budget 2023 etc. Here're the excerpts:
Poor implementation of policies, and dynamic policies are biggest challenges in solar sector
Poor implementation of policies, and dynamic policies at the national and state level are the biggest challenges in the solar sector, discussed Vineet Mittal, Director & Co-Founder, Navitas Solar, in an exclusive interaction with Manu Tayal, Senior Associate Editor, Energetica India. Mr. Vineet also discussed about his company’s manufacturing facility, expansion plans, industry challenges, etc. Here’re the edited excerpts from that interaction:
Skill development training centers are required to improve the skill level of the workforce
Skill development training centers are required to improve the skill level of the workforce in work before starting their carrier in the industries. They should be provided training either by the external training institute or by the hiring industries, believed Noorulla MS, Head of Operations & Marketing South Asia, Sungrow, in an interaction with Manu Tayal, Senior Associate Editor, Energetica India. Mr. Noorulla also discussed about the impact of BIS certification implementation, rise in duty, how his company handled supply chain restrictions, etc. Here’re the edited excerpts from that interaction:
Grassroots Energy is currently pursuing feasibility studies on BioHydrogen in the UK and India
We are developing a new, innovative Bio-Hydrogen two-stage production process, which removes the need for energy-intensive feedstock sterilization and can produce nearly 100 per cent H2 using organic waste. Grassroots Energy’s biphasic anaerobic digestion system with isolated microbes will be a first of its kind. We are currently pursuing technical and economic feasibility studies in the UK and India on BioHydrogen.
In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Senior Associate Editor, Energetica India, interacted with Mateen Abdul, CEO and Co-founder, Grassroots Energy. Here’re the edited excerpts from that interaction:
There is always a need to prioritize the investments
It is estimated that 45% of the world’s electricity is used to power electric motors in buildings and industrial applications and hence has great potential to save energy. There is always a need to prioritize the investments and we could use a few guidelines. As the motor’s inherent efficiency cannot be improved after manufacturing and considering the long lifetime of motors, all new motors in a plant should be at least IE4 super premium efficiency motors wherever applicable and should be optimally selected for a given application, avoiding unnecessary oversizing, discussed Indraneel Dhaneshwar, Regional Division President, Large Motors & Generators, ABB India, MEA & LatAm, in an exclusive interaction with Manu Tayal, Senior Associate Editor, Energetica India. Mr. Indraneel also discussed about various challenges in maintaining grid stability and possible solutions, usage of energy efficient motors, etc. Here’re the edited excerpts from that interaction:
Ease of raising capital for startups from foreign entities can be increased
The government is proactively working on increasing the ease of doing business for international investors looking to invest in startups in the country. We feel that, along with ongoing efforts, the ease of raising capital for startups from foreign entities can be increased.
In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Senior Associate Editor, Energetica India, interacted with Ankit Mittal, Co-founder and CEO, Sheru. Here’re the edited excerpts from that interaction:
We are expecting approx Rs 150 crore turnover from EV charging segment in FY23
We are expecting a turnover in the ballpark of Rs 150 crore from the EV segment in FY 2022-23. This would contribute to nearly half of the total turnover we are expecting from all segments together, which would be around Rs 300 crore. Further, in the next 3 years, we are planning to grow aggressively and is purposed towards achieving revenue of Rs 1,000 crore by 2025. To this end, Servotech is going to introduce backward integration in many product lines, disclosed Raman Bhatia, Founder & Managing Director, Servotech Power Systems Ltd, in an exclusive interaction with Manu Tayal, Senior Associate Editor, Energetica India. Mr. Bhatia also discussed about his company’s various product offerings, technological advancements, business expansion plans and investments, etc. Here’re the edited excerpts from that interaction:
This is right time for India to invest in & adopt cooling as utility to meet its climate goals
This is the right time for India to invest in and adopt cooling as a utility to meet its climate goals as well as combat climate change effectively and building a more resilient and greener country, believes Sudheer Perla, Country Manager, Tabreed India, in an exclusive interaction with Manu Tayal, Associate Editor, Energetica India. Mr. Sudheer also discussed about his company’s business expansion plans and investments in the Indian market, CaaS model, energy-efficient cooling solutions, etc. Here’re the edited excerpts from that interaction:
We intend to expand our PV cell line capacity from 100 MW to 2 GW
We are already expanding our Encapsulants business from the current 3 GW to 11 GW. Our PV Backsheet capacity will be going up from 4 GW to 5 GW. On the PV Modules front, we will be expanding our module manufacturing capacity from 1.75 GW to 4 GW. Besides, we also intend to expand our PV cell line capacity from 100 MW to 2 GW. For this, we are currently considering various technologies, disclosed Avinash Hiranandani, Global CEO and Managing Director, RenewSys India Pvt. Ltd., in an exclusive interaction with Manu Tayal, Associate Editor, Energetica India. Mr. Hiranandani also discussed about his company’s growth journey, various industry-first innovations, the company’s testing labs, challenges faced by the domestic solar manufacturers, etc. Here’re the edited excerpts from that interaction:
The company’s total investment outlay will be approximately Rs 5,000 crore a year
Depending on the various fields, the company’s total investment outlay will be approximately Rs 5,000 crore a year. This will be distributed across generation, transmission, and other non-carbon opportunities in electricity. These investments will be funded with a combination of debt and equity from our own resources, with ~70 to 80% debt and a balance of ~20- 30% equity, shared Malcolm Wrigley, COO, Apraava Energy, in an exclusive interaction with Manu Tayal, Associate Editor, Energetica India. Mr. Wrigley also discussed about his company’s investment and expansion plans in the renewable energy space, challenges in the offshore wind industry, etc. Here’re the edited excerpts from that interaction:
By January 2026, We Look Forward to Becoming a 10GW Fully Integrated Solar PV Maker
The backward integration at Adani solar will start with 2GW Ingot, 2GW Wafer along with cumulative 4GW cell and 4GW module by January 2024. And by January 2026, we look forward to becoming a 10GW fully integrated solar PV manufacturer from Polysilicon to Module. To support this massive upscaling and integration, we shall also develop a comprehensive ecosystem of ancillary units like Glass, EVA, Backsheet, etc. to reduce our import dependency and ensure a seamless supply of all the key raw materials, says Rahul Bhutiani, Head - Sales & Marketing, Adani Solar, in interaction with Manu Tayal, Associate Editor, Energetica India. Mr. Bhutiani also discussed about his company’s growth journey, business strategy, challenges faced by the domestic manufacturers, etc. Here’re the edited excerpts from that interaction:
It will be good if policymakers can ensure that policies are enforced better
It will be good if policymakers can ensure that… policies are enforced better by mandating digital traceability and tracking of emission reductions and mandating carbon credits and RECs for various types of industries like Cement, steel, paper, tyre, pharma, chemicals, infrastructure, etc which are large consumers of fossil fuels. They should also look at the possibility of decreasing or waiving off GST for various types of waste that are used in biofuel manufacturing.
In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Associate Editor, Energetica India, interacted with Kishan Karunakaran, CEO, Buyofuel, a Coimbatore-based startup working as an online marketplace for biofuels. Here’re the edited excerpts from that interaction:
The climate problem and gender inequality are two of today's most pressing issues
Despite the fact that the energy supply industry is largely dominated by men, studies have shown that women perform just as well as men in these roles. The industry’s decision to hire women challenges long-held beliefs about what women can and cannot do.
In an exclusive interaction series with women influencers in the power sector, Manu Tayal, Associate Editor, Energetica India, interacted with Juhi Marwadi, Director, Pixon Energy. Here’re some edited excerpts from that interaction:
We are planning to set up 5 GW solar module production line by 2025
We are planning to set up a 5 GW capacity for the solar module production line by 2025, along with a 1 GW capacity for solar cell manufacturing… With the pace we are going, most likely, we will achieve our goal earlier, shared Hardik Kothiya, Director, Rayzon Solar, in interaction with Manu Tayal, Associate Editor, Energetica India. Here’re the edited excerpts: