JAIPUR, India, April 22, 2016 /PRNewswire/ --
A UBM India Event
UBM India, the host of annual Renewable Energy India exposition (REI) in its 10th anniversary edition year held the 11th edition of Solar Energy Investment and Technology Forum at Hotel Marriot, Jaipur. The forum was held for the first time in the capital city of Rajasthan, to showcase the potential and provide opportunities of solar energy business. With Rajasthan shining on the solar map of India and being one of the best solar insolation in the world, the show tapped into the high growth area of renewable energy in the state, bringing in investments, growth, and employment in the region.
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The event was inaugurated by key dignitaries, Shri. B.K. Dosi, Managing Director, Rajasthan Renewable Energy Corporation Limited; Shri. A. K. Jain, Managing Director, Rajasthan Electronics & Instruments Limited; Mr. Rahul Prithiani, Director, CRISIL Research and Mr. Rajneesh Khattar, Group Director, UBM India Pvt. Ltd.
Speaking on the inauguration, Shri. B. K. Dosi said, "Rajasthan has the highest installed capacity in terms of installation across the country with 20% of commissioned projects. With the new tariff policy in place by the state government and having the highest potential amongst all states, Rajasthan provides humungous opportunity of solar energy business. The government has ushered in many initiatives; key among them is the lease on land, including agricultural land. Another interesting aspect is the opening up of roof top segment to support startups of 1 MW."
The inaugural session also included unveiling of the report: Solar Surge: Why Rajasthan will drive the Solar Revolution by CRISIL, the knowledge partner for this forum, which was followed by a detailed presentation by Mr. Rahul Prithiani, Director, CRISIL Research. The report highlighted the support mechanism and policy initiatives of Rajasthan, which makes it one the most favoured destinations for solar in India.
On unveiling of the report, Shri. A.K. Jain reiterated, "With the new policy initiatives and the Fifteen Point Agenda by the MNRE it is certain we can reach the target set by the National Solar Mission."
The forum included a series of three panel discussions and presentations by eminent speakers and delegates from solar project construction & epc firms, solar project developers, utility representatives, equipment manufacturers and engineering firms, investment banks and project investors, public and private sector banks, financial service providers and consultants.
The session on 'Harnessing Solar Potential of Rajasthan beyond MW' discussed opportunities, challenges, integrating solar into our culture - rooftop and policy initiatives by state government. The panel discussion was presented by Mr. Ketan Mehta, Director Operations, Rays Power Infra; Mr. Rahul Prithiani, Director, CRISIL Research; Mr. Thomas Mathew, Senior VP - Business Development and Mr. P. Vinay Kumar, COO, Greenko Energies Private Limited.
The 'Best Practises in RE Project Development' session focussed on topics such as financing large SPV projects, net metering, From CAPEX to OPEX, financial opportunities and risks involved, risk mitigation and open access. The session was moderated by industry experts such as Mr.Rajinder Kumar, CMD, Bergen Group of Companies; Mr. Daanish Varma, Director, Sustainable Investment Banking, Yes Bank; Mr. R S Rathore, Head - R&D, Genus Power Infrastructures Ltd.; Mr. Naveen Khandelwal, Head of Investment & Strategy, Hero Future Energies Limited and Mr. Paritosh Tripathi, GM Sales, Waaree Energies.
The session on 'Empowering Discoms: Challenges Involved and Solutions Evolved' was presented by Mr. Bihag Mehta, Director -India, OST Energy; Mr. Vaibhav Nuwal, Co founder, RE Connect; Mr.Rajinder Kumar, CMD, Bergen Group of Companies and Mr. Ketan Mehta, Director Operations, Rays Power Infra who spoke about grid connectivity, transmission & distribution, net metering, financial opportunities and risks involved, risk mitigation and open access.
The Forum also had a presentation session on 'Rajasthan: Indigenous Manufacturing Hub' which discussed the opportunities and challenges, state policy initiatives, ease of doing business, O & M and module reliability. The session was moderated by Mr. A.K. Jain, Managing Director, Rajasthan Electronics & Instruments Ltd.; Mr. Sanjay Chandra, Managing Director, CITEL; Mr. Sishir Goel, Vice President - Technology & Marketing, Brij Encapsulants India and Mr.Saurabh Bhandari,CEO, Solarmaxx.
The event also witnessed participation from renowned companies like Rays Power Infra, Brij Encapsulants, Waaree Energies Limited, Premier Solar, Bergen Group of Companies, Hero Future Energies, M+ Solar, SolarMaxx and Mahindra Susten along with their representatives.
About UBM India
UBM India is India's leading exhibition organizer that provides the industry with platforms that bring together buyers and sellers from around the world, through a portfolio of exhibitions, content-led conferences & seminars. UBM India hosts over 25 large-scale exhibitions and 40 conferences across the country every year; thereby enabling trade across multiple industry verticals. A UBM Asia Company, UBM India has offices across Mumbai, New Delhi, Bangalore and Chennai. UBM Asia is owned by UBM plc which is listed on the London Stock Exchange. UBM Asia is the leading exhibition organizer in Asia and the biggest commercial organizer in mainland China, India and Malaysia. For further details, please visit ubmindia.in.
Media contact:
Mili Lalwani
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+91-2261727000
UBM India
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