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POWERGEN India 2024 Explores Sustainable Energy Pathways for India's Future

The first day of the event featured a series of impactful sessions, including the ‘Curtain Raiser - Hydrogen Horizons: Empowering India's Energy Transition & Energy Independence,’ moderated by Nitin Khanna, Managing Director - Energy, Accenture in India.

September 05, 2024. By Aishwarya

POWERGEN India 2024, co-located with Indian Utility Week and Bharat Electricity, has officially commenced at Yashobhoomi, IICC Dwarka, New Delhi.

The event, from September 4 to 6, brings together the world’s foremost energy leaders, policymakers, and industry experts to explore collaborative pathways for a sustainable energy future in India’s Amrit Kaal era.

The inaugural session, titled ‘Explore, Collaborate, Access: Opportunities in Amrit Kaal Through Energy Transition,’ featured key addresses by esteemed dignitaries, including Pralhad Joshi, Union Minister, Ministry of New and Renewable Energy & Consumer Affairs, Food and Public Distribution, Government of India, and P. K. Pujari, IAS (Retd.), Honorary Chairperson of the Governing Council for POWERGEN India, and Indian Utility Week.

Union Minister Pralhad Joshi, in his address, emphasized the significance of the event and the initiatives, stating “This platform is not just to showcase India’s energy revolution, but it is a catalyst for the global collaboration. We are gathered here to discuss one of the most critical missions of our time that is green energy transition. A platform like Bharat Electricity, POWERGEN India and India Utility Week 2024 offers stakeholders an opportunity to explore the new trajectories, discuss the decarbonization, and obtain opportunities for sustainable and accessible energy.”

He further added, “Today, India ranks 4th globally in installed renewable energy capacity. India’s progress serves as a model for other countries, seeking the energy transition to the low carbon economy. To accelerate the transition, the government has taken several paths breaking initiatives. The government has approved a substantial outlay of INR 7,453 crores to support the installation of 1000 MW of offshore wind energy projects.”

P. K. Pujari echoed these sentiments and expressed, “This co-located event is about fostering partnerships and collaboration. The event provides a platform for global players to share their expertise, exchange ideas, and explore new business opportunities. We are here to facilitate discussion on energy reforms, decarbonization, and breakthrough technologies.”

He also added, “The energy transition is not just about replacing fossil fuels, it is about transforming the entire energy ecosystem.”

The first day of the event featured a series of impactful sessions, including the ‘Curtain Raiser - Hydrogen Horizons: Empowering India's Energy Transition & Energy Independence,’ moderated by Nitin Khanna, Managing Director - Energy, Accenture in India.

The session touched upon multiple factors concerning green hydrogen. While Dr. R.K. Malhotra, President, the Hydrogen Association of India, spoke about the commitment to producing around 5 million tonnes of green hydrogen by 2030, Rajat Seksaria, CEO, Green Hydrogen at Adani New Industries spoke about the company’s approach to having complete control over the supply chain. The role of grid stability was also highlighted by Som Shantanu, Asia Engineering Leader, Gas Power, GE Vernova, in the session.

Another highlight was the ‘Leadership Plenary: Charting the Energy Horizon: Exploring Collaborative Pathways for Sustainable Access in the Amrit Kaal Era,’ where leaders from various sectors discussed strategies for ensuring sustainable energy access in India’s rapidly evolving energy market.

The event also featured an ‘Industry Plenary: Steering India's Energy Future,’ focusing on the role of key stakeholders in navigating the challenges and opportunities in India’s energy sector.

The session discussed that the power demand has been increasing by 8 to 9 percent per annum in the last two years following the economic revival post-COVID, and the Ministry of Power has developed a detailed action plan around it.

Tags:

Decarbonization projects

Offshore wind sector

Offshore Wind Project

Green Hydrogen sector

Sustainable Energy Transition

Sustainable energy goals

Grid systems