NSEFI NEWS

Part 2/4 – Inaugural Session at 6th EQ Cleantech Finance Summit Delhi, 02-03 November

Inaugural Session at 6th EQ Cleantech Finance Summit Delhi, 02-03 November

Panellists –

  • Pranav Mehta, Chairman, NSEFI
  • Tanya Singhal, Founder and Director, SolarArise
  • Keshav Prasad, COO, IL&FS Energy Development Company
  • Pankaj Sehgal, Managing Director, SUN Group
  • Goutam Samanta, Head PV Technology, Orange Renewable
  • AK Jain, MD, Rajasthan Electronics and Instruments Limited
  • Pinaki Bhattacharyya, CEO, AMP Solar Group
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    Part 3/4 – Inaugural Session at 6th EQ Cleantech Finance Summit Delhi, 02-03 November

    Inaugural Session at 6th EQ Cleantech Finance Summit Delhi, 02-03 November

    Panellists –

  • Pranav Mehta, Chairman, NSEFI
  • Tanya Singhal, Founder and Director, SolarArise
  • Keshav Prasad, COO, IL&FS Energy Development Company
  • Pankaj Sehgal, Managing Director, SUN Group
  • Goutam Samanta, Head PV Technology, Orange Renewable
  • AK Jain, MD, Rajasthan Electronics and Instruments Limited
  • Pinaki Bhattacharyya, CEO, AMP Solar Group
  • adminPart 3/4 – Inaugural Session at 6th EQ Cleantech Finance Summit Delhi, 02-03 November
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    Part 4/4 – Inaugural Session at 6th EQ Cleantech Finance Summit Delhi

    Inaugural Session at 6th EQ Cleantech Finance Summit Delhi, 02-03 November

    Panelists –

  • Pranav Mehta, Chairman, NSEFI
  • Tanya Singhal, Founder, and Director, Solar Arise
  • Keshav Prasad, COO, IL&FS Energy Development Company
  • Pankaj Sehgal, Managing Director, SUN Group
  • Gautam Samanta, Head PV Technology, Orange Renewable
  • AK Jain, MD, Rajasthan Electronics and Instruments Limited
  • Pinaki Bhattacharyya, CEO, AMP Solar Group
  • adminPart 4/4 – Inaugural Session at 6th EQ Cleantech Finance Summit Delhi
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    6th EQCFS Nov 2-3, 2017 at Radisson New Delhi Airport

    Warm Greetings from EQ Magazine !!!

    Kindly take note of upcoming EQ Conference

    6th EQ Cleantech Finance & Investment Summit (EQCFS)
    Nov 02-03, 2017, New Delhi – 9AM to 6PM
    Hotel Radisson near IGIA New Delhi Airport

    For Delegate Registrations, Please Visit

    Event Sponsors/Partners
    Sungrow : Diamond & Diwali Networking Dinner Reception
    Jinko Solar : Lanyard
    First Solar : Session Partner
    Alion Energy : Exhibit Partner
    Waaree Energies : Make in India
    Navitas Solar : PV Module
    Cleantech Solar : RESCO Partner

    For Speaking Slot, Sponsorship, Exhibiting Space, Delegate Registrations,Branding etc…Please Contact Gourav Garg , Stuti Jain , Prasoon Agrawal

    ​​Special Event Highlights – ​​Inaugural Keynote Address ​
    ​Mr. Raman Nanda, CEO, SB Energy (SoftBank)

    Special Technology Presentation ​
    ​Sunil Badesra, Regional Manager, Sungrow India

    Confirmed Speaker List
    1. Karan Mitroo, Partner, Luthra & Luthra
    2. Anuvrat Joshi, Director, Cleantech Solar
    3. Bhanu Mehrotra, IFC Advisor for RUMS, IFC
    4. Raman Nanda, CEO, SB Energy (SoftBank)
    5. *Amit Barve, Vice President – Business Development & Marketing, Enerparc
    6. Ashu Gupta, Vice President – Corporate, Ujaas Energy
    7. *Anchit Gupta, Director – Business Development, Focal Energy
    8. Onkar Kapoor, CEO, SITAC RE
    9. Tejpreet S. Chopra, President & CEO, Bharat Light & Power Group
    10. Satish Gupta, CFO, Tata Power Solar
    11. Brajesh Kumar Sinha, Vice President – Business Development, Fourth Partner Energy
    12. *Roshan Gandhi, CFO, Mahindra
    13. European Investment Bank
    14. Ritesh Pothan, Sr. VP BD, Scorpius Trackers
    15. Nitesh Madan, Regional Head – North, Godrej & Boyce Mfg. Co. Ltd.
    16. Vivek Bhardwaj, North India Sales Director, Jinko Solar
    17. Harish Ahuja, Founder, IndiaGo Solar
    18. ​Rajendra Shrivastav, ​President, AES India
    19. Sabyasachi Majumdar, Senior Vice President, ICRA Ltd
    20. Hiten Parekh, Head, Everest Solar
    21. *Suhas Pansare, Vice President Sales and Marketing, Relyon Solar
    22. Srishti Ahuja, Director – Transaction Advisory Services, Ernst & Young
    23. Pratyush Thakur, COO, BLP Statkraft
    24. Sunil Rathi, Director Sales & Marketing, Waaree
    25. Ritu Lal, VP Business Development, Amplus Solar
    26. Pankaj Sehgal, Managing Director, SUN Group
    27. Randeep Bora, Head – Government Business, CleanMax Solar
    28. Amit Mehta, Assistant Vice President, Greenstone Advisory
    29. Allen Cao, Country Head India, Arctech Solar
    30. Deepak Khare, Vice President Technical, GDF SUEZ ENGIE
    31. Shailendra Bebortha, Managing Director, IBC SOLAR Projects
    32. Kiran Patil, MD, PLG Clean Energy Projects
    33. Abhilakh Singh, GM, IREDA
    34. Vandana Gombar*, BNEF, Bloomberg
    35. Naveen Khandelwal, Head- Investments & Strategy, Hero Future Energies
    36. Pradeep Chauhan, Country Manager – India, Solar Pack (IPP)
    37. Vinay Goyal, MD, Ganges Internationale
    38. Pawan Kumar Agrawal, Sr. President-Corporate Finance, YES BANK Ltd.
    39. Pinaki Bhattacharyya, CEO, AMP Solar Group
    40. Tanya Singhal, Founder and Director, SolarArise
    41. Mukund Santhanam, Capital Markets & Treasury Solutions, Deutsche Bank
    42. Rishi Agarwal, Zonal Head- Project & Structured Finance, Aditya Birla Group
    43. Keshav Prasad, COO, IL&FS Energy Development Company
    44. Sunil Agrawal, Business Head Infra Finance, Reliance Capital
    45. Daanish Varma, Director – Investment Banking, Yes Bank
    46. Sanjeev Gupta, MD, Nexgen Financial Services
    47. Priyanka Gupta, Manager, PTC
    48. Sujoy Ghosh, Country Head-India, First Solar Power India
    49. Kapil Maheshwari*, CEO, Hinduja Renewables Pvt Ltd
    50. Goutam Samanta, Head PV Technology, Orange Renewable
    51. Gaurav D. Joshi, Senior Environment Specialist – Environmental and Natural Resources Global Practice, IBRD-IDA (World Bank)
    52. Amresh Mahajan, AVP Technology, ACME
    53. Brijesh Gupta, CEO Renewable Energy Business, Atha Group
    54. Shekhar Dutt, Director General, Solar Power Developers Association
    55. Kartikeya Narain Sharma, Head – Growth & Strategy, Sunsure Energy
    56. Sunil Singh, CEO, OPG Power
    57. Ruby Ojha, Environmental and Social Development Specialist, International Finance Corporation
    58. *Divyaksh Sehgal, Associate Vice President, Infrastructure Kotak Mahindra Capital
    59. *Archit Chaurasiya, Associate Vice President, Infrastructure, Kotak Mahindra Capital
    60. Pankaj Sindwani, VP, Tata Cleantech Capital Limited
    61. Debal Mitra, Senior Vice President – Risk, SREI
    62. Pranav Mehta, Chairman, NSEFI
    63. AK Jain, MD, Rajasthan Electronics and Instruments Limited
    64. Alipt Sharma,Principal,GEF Advisors India
    65. Chetan Shah,Director,Goldi Green
    66. Balwant Joshi,Managing Director,Idam Infra
    67. Ashish Agnihotri,Business Development Leader – North,Oriano Solar

    admin6th EQCFS Nov 2-3, 2017 at Radisson New Delhi Airport
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    Shri Pranav Mehta Ji Elected Chairman of Global Solar Council

    It is a matter of great pride and pleasure for EQ Group to announce that NSEFI Chairman Pranav R Mehta was unanimously elected as Chairman-elect of Global Solar Council at its board meeting at Las Vegas on 12th September.

    Secretary of MNRE Shri Anand Kumar who was present at Las Vegas addressed the Global Solar Council earlier in the day highlighting the Indian opportunities and inviting the Global solar companies to participate in the forthcoming
    REINVEST 2017 event also warmly congratulated Shri Mehta on this international honor.

    Global Solar Council is an apex international organization formed at Paris during the COP 21 Climate Dialogue as a private sector response to the ISA launched by Prime Minister Narendra Modi and the then French President Francoise Hollande. Global Solar Council represents solar industry from major countries such as USA, France, Germany, China, Spain, Itali, Mexico, Brazil, South Africa, Israel, Middle East countries like UAE, Saudi Arabia etc.

    It is a matter of pride for our country that an Indian will be the Chairman of such a powerful international solar organization.

    On my personal behalf and on behalf of Team EQ I heartily congratulate Shri Pranav Mehta for keeping the Indian Flag flying high in global solar fraternity and bringing this honour to the country. Our Best wishes to Shri Pranavbhai for great success in his new international role.

    When the EQ Team congratulated him, his response was :
    “🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳
    Zanda uncha rahe hamara… Shan na uski Jane paye… chahe Jan bhale hi jaye….”

    adminShri Pranav Mehta Ji Elected Chairman of Global Solar Council
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    Pranav Mehta Receives 2017 Global Excellence Award in Renewable Energy at the hands of Shri Piyush Goyal

    NSEFI Chairman Pranav R Mehta, who is also the Co-Chairman of Global Solar Council received the prestigious Global Excellence Award in Renewable Energy from the Energy and Environment Foundation at the hands of Minister of State for Power , New and Renewable Energy ,Coal and Mines ( Independent Charge) Shri Piyush Goyal at a glittering ceremony at the national capital New Delhi on 21 August 2017.

    The award given to Shri Pranav Mehta is for his Vision, leadership, outstanding contribution and for demonstrating excellence in the Renewable energy Sector. Shri Anil Razdan former Power Secretary is the Chairman of the Energy and Environment Foundation.

    The other awardees this year included Dr.R.Seetharaman Chief Executive Officer Doha Bank, State of Qatar, Dr. Lawrence Jones Vice President, International Programs Edison Electric Institute, USA, Dr. Martin Keller Director, NREL U.S. Department of Energy USA, MR. Dolf Dielen Director International Renewable Energy Agency, Germany, Mr. Manoj K. Upadhyay CMD ACME Group.

    adminPranav Mehta Receives 2017 Global Excellence Award in Renewable Energy at the hands of Shri Piyush Goyal
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    Pranav Mehta Receives 2017 Global Excellence Award in Renewable Energy at the hands of Shri Piyush Goyal

    Pranav Mehta Receives 2017 Global Excellence Award in Renewable Energy at the hands of Shri Piyush Goyal

    For more information please see below link…
    Pranav Mehta Receives 2017 Global Excellence Award in Renewable Energy at the hands of Shri Piyush Goyal

    adminPranav Mehta Receives 2017 Global Excellence Award in Renewable Energy at the hands of Shri Piyush Goyal
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    Pranav R.Mehta”s view on Safe Guard Duty in PV Tech International Magazine

    ” The aggressive bid tariffs from July 30 up to now, are a clear indication that the industry has already factored in the 25% safeguard duty the new projects will not be gravely impacted; the big worry lie with the aggregate 16 GW solar projects in the pipeline.
    To keep the pipeline projects financially viable.MNRE will have to waive duties for these projects. If not, NSEFI is ready to go to court for exemption.”

    adminPranav R.Mehta”s view on Safe Guard Duty in PV Tech International Magazine
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    China border stand-off may impact solar module imports

    The solar industry is abuzz with news that the Centre will soon announce a ‘safeguard duty’ on solar modules imported from China. Sources in the industry noted that the move could also serve as a means of hinting to the Chinese, India’s arsenal of economic response to the border stand-off.

    ‘Surge’ in imports
    Industry sources said the government prefers the safeguard duty over the anti-dumping duty because, for the anti-dumping levy, the government would first have to prove dumping or sale below manufacturing costs. Safeguard duty, in contrast, is the levy that the World Trade Organisation rules allow a country to impose on imports when there is a sudden surge in imports from a country. Imports of solar modules from China is a classic case of ‘surge’. In the five years between 2012-13 and 2016-17, when India’s solar module imports rose four times, imports from China increased seven times. Also, the share of solar modules in India’s total imports from China increased during the period, from just 0.75 percent in 2012-13 to 4.60 percent last year. Anand Kumar, Secretary, Ministry of New and Renewable Energy, told Business Line that the government is determined to do everything possible to support the domestic industry, but did not wish to comment on specific measures. He said a safeguard duty was one of the options with the government. However, one industry source said the Centre’s reasoning was that even if solar power cost would increase 30-40 paise due to the safeguard duty, it wouldn’t matter much — after all, solar power today costs so low that the rise would not affect its competitiveness. Narendra Surana, Managing Director, Surana Solar, a solar module manufacturer, said the domestic solar manufacturing industry badly needs a breather. He said the workforce in his company had been cut to a fourth of its size in the last one year.

    Pranav Mehta, Chairman of Solar Energy Association of Gujarat, said the industry is not asking for protection, but a level playing field. “Inflow of cheap modules, supported by (Chinese) government subsidies, has harmed the Indian module-manufacturing sector in the past five years,” said Gyanesh Chaudhary, Managing Director and CEO, Vikram Solar, one of India’s leading module makers.

    Competition
    Indian companies are small in terms of manufacturing capacity, but they have to compete with Chinese companies such as Trina, JA Solar, and Yingli, which have huge capacities — around 5GW worth of modules. Vikram Solar, however, wants the government to impose the safeguard duty only on imported modules and not imported cells. (Cells are used to make modules, and Indian companies typically import cells and make modules.) India has a cell-manufacturing capacity of 1.7GW, but the module-making capacity is about 7.5GW, Choudhary said.

    adminChina border stand-off may impact solar module imports
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    NEXTracker Achieves 1 GW of Solar Tracker Sales in India

    Today, NEXTracker™, a Flex company, announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This milestone illustrates the significant demand for smart tracking systems as the large-scale solar power industry continues to mature in India. NEXTracker’s success in the region is rooted in its proven high-quality design, reliable performance, and an exceptional level of service and relationship-building with local and international partners.

    “We are appreciative to be partnering on over 1 GW of solar power plants with many of India’s leading renewable energy firms,” stated NEXTracker CEO Dan Shugar. “We have designed the most flexible single-axis tracker to fit a wide range of project attributes in India such as property shape and size, terrain profile, voltage, and wind speed. We have significantly invested and grown our Hyderabad team, and have adapted our product for local conditions, supporting dozens of projects that are under present construction.”

    NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. Notable projects and awards include the largest solar plant in the state of Punjab (100 MW), installed by Adani and seven SkyPower projects totaling 400 MW, both utilizing NEXTracker’s NX Horizon™ trackers. Last month, NEXTracker also announced its intent to increase its local steel content percentage to over 80% by volume and weight of its final product in India. This strategic localization of steel pipe manufacturing will reduce shipment time as much as 50%.

    “NEXTracker’s achievement of over 1 gigawatt of solar trackers sold in India is impressive,” exclaims Pranav Mehta,

    Chairman of the National Solar Energy Federation of India. “The Company’s cutting-edge technology is quenching India’s thirst for innovative solar technologies and on behalf of the National Solar Energy Federation of India, we celebrate this milestone and NEXTracker for helping advance India with clean, renewable energy generation.”

    Economic growth, increasing prosperity, a growing rate of urbanization and rising per capita energy consumption has led to increased demand for energy in India. The Country is expected to account for 14% of global solar PV demand[1] as the government continues to push for a very ambitious installed capacity target of 100 gigawatts by 2022 as part of Prime Minister Narendra Modi’s National Solar Mission.

    NEXTracker’s single-axis solar tracker, NX Horizon, embodies smart engineering with independent rows – each driven by its own self-powered motor drive and controller – eliminating mechanical links and trenched power cables. NX Horizon features fully sealed motors and gears, essential for dusty conditions, and critical components such as motors, drives, and controllers are all 1M or more above ground. The intelligent tracking system integrates with powerful SCADA tools to increase performance and reduce operating cost. Powerware Academy, NEXTracker’s installation training program, educates solar installers about the fundamentals of design and installation of NEXTracker’s unique solar tracker technology.

    About NEXTracker
    NEXTracker, a Flex company, advances the power plant of the future with solar tracker and energy storage innovations to increase performance and reduce costs for power plants of all sizes. As the #1 tracker supplier worldwide with over 8 GW delivered, NEXTracker is globally recognized for delivering the most advanced photovoltaic solutions for hundreds of projects across five continents. Headquartered in the San Francisco Bay Area, the Company has offices in China, India, Spain, Latin America, and Australia. For more information, visit: NEXTracker.com and follow the Company on Twitter @NEXTracker.

    adminNEXTracker Achieves 1 GW of Solar Tracker Sales in India
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