DAY 1
THURSDAY, APRIL 8
Introduction to the Summit
Duration: 50 mins
Mercom Keynote – State of the Indian Solar Market
Mercom India’s leadership team, in an exclusive presentation, provided an overview of the Indian solar market landscape along with the latest developments on-the-ground, key trends shaping the market, policy implications, and short-term and longer-term outlook, laying the ground for the sessions that follow.
Duration: 30 mins
Networking Break
Duration: 40 mins
Solar Modules to Make or Not to Make in India?
With the Government’s ‘Make in India’ policy, new module technologies, pricing fluctuations, supply chain issues – how are project developers and manufacturers handling all this under tremendous cost pressures? How are Indian manufacturers gearing up to set up new production units backed by government push led by a production-linked incentive program? What strategies are international suppliers implementing to ensure they are a part of the solar growth story in India.
Duration: 45 mins
Amitesh Kumar Sinha
Joint Secretary
MNRE
Ranjit Gupta
CEO
Azure Power
Avinash Hiranandani
Global CEO & Managing Director
RenewSys India
Daniel Liu
Head of South and Central Asia
Jinko Solar
Policy Flip Flops Between Intention and Action – The Cog in the Solar Growth Story
Juggling the macroeconomic priorities of protecting distribution companies while expanding renewables in the energy mix has led to many policy inconsistencies and flip-flops, which have proved to be the biggest challenges in the sector, leaving the developers and manufacturers confused, and calculations in flux. Addressing unsigned power sale agreements and renegotiating power purchase agreements, cancellation of auctions, and misinterpretation of clauses, the panel discussed the bottlenecks and possible solutions.
Duration: 45 mins
S.K. Mishra
Director (Power System)
SECI
Parag Sharma
Founder and CEO
O2 Power
Prashant Sinha
Chief Risk Officer
L&T Infra Finance
Aditya K Singh
Associate Partner
Link Legal India Law Services
DISCOMs – The Weakest Link or Unrealized Potential in the Indian Power Sector
India is an attractive solar market with tremendous long-term potential. The installation targets are aggressive, but investments in the solar sector have been stymied because of the counterparty credit risk from distribution companies. What will the future of electric utilities look like in an age of widespread distributed generation?
The challenges are well known, and the panel discussed the best path forward for DISCOMs – from privatization, new regulations, RPO enforcement, payment guarantees, to provisions in the Electricity Act – that can boost investor confidence and unlock billions of investment dollars sitting on the sidelines.
Duration: 45 mins
Dr. Praveer Sinha
CEO and Managing Director
Tata Power
Manoj Kumar Agrawal
Chief General Manager
POSOCO
Anshuman Gupta
Manager
IREDA
Dr. Manish Karna
GM – Business Development
Adani Green Energy
Solar Project Development – Work in Progress and the Path Ahead
Development timelines and deadlines are crucial for solar projects. But this development path is more often staggered with uncertainty. Land acquisition, transmission availability, approvals, and disputes…the list goes on. This panel, made up of developers and government regulators, discussed the issues and share ideas to resolve them.
It also addressed some of the pervasive issues like the price volatility of components, challenges in design and BoS, the certification process and bottlenecks, and the global pressure on local markets and prices.
Duration: 45 mins
Aniruddha Kumar
Additional Secretary
MNRE
Sandeep Kashyap
President
ACME Solar
Ashok Pal
DGM
Power Grid Corporation
Rohit Bhandari
Head – Business Development (N&E)
Sterling and Wilson Solar
DAY 2
FRIDAY, APRIL 9
Project M&A – Quality Solar Assets Are in High Demand
Solar project acquisitions have soared globally, and they can take off in India too. There are more dollars chasing assets than there are good projects to buy. Solar project acquisitions are vital for developers as it allows them to recycle capital and invest back into newer projects providing much needed liquidity. Developers and investors will address how solar projects can be made more attractive and easy to acquire. We also had international investors share what they are looking for.
Duration: 45 mins
Anupam Misra
Senior Vice President
Adani Group Corporate Finance
Rahul Varshney
Country Head India
Statkraft
Sreekumar Chatra
Partner
Edelweiss Alternative Asset Advisors
Can Rooftop Solar Come out of Ground Mount’s Shadow and Be The Next Big Thing?
This discussion focused on how to accelerate the deployment of rooftop solar PV systems in India and what lessons India can incorporate from successful and high-growth rooftop markets like Australia and Vietnam. Industry stakeholders participated in a dialogue and share ideas on how to facilitate growth in the rooftop market and how to address challenges when dealing with DISCOMs.
Duration: 45 mins
Abhishek Ranjan
Vice President
BSES Delhi
Pinaki Bhattacharyya
MD and CEO
AMP Energy India
Shishir Singh
AGM
Tata Power DDL
J.J. Gandhi
Chief Engineer (Technical)
PGVCL
Mercom India Solar Awards 2021
Mercom India projects of the year highlighted the year’s most outstanding solar projects in various categories.
Duration: 30 mins
The Black Swan: Supply Chain and How to Mitigate Market Surprises
If there is one thing consistent in the last few years, it is uncertainty. The solar market is witnessing more supply chain and logistics problems now than ever. These challenges are going to play an important role in determining project costs and auction tariffs. The panel sheds light on issues like logistics, procurement, raw materials availability, freight charges, and other frequent surprises in the supply chain and addressed how best to handle them.
Duration: 45 mins
Sandeep Shivhare
Senior Manager
Adani Port
Harshvardhan Govil
Chief Operating Officer
Adani Solar
Pradeep Kumar
Director of Business
LONGi Solar
Bimal Jindal
Director SCM
SB Energy
Networking Break
Duration: 45 mins
Tenders and Auctions – From Pipeline to PPAs, How We Get There
This panel focused on the robust pipeline of tenders and auctions and what can be expected in the foreseeable future.
We heard how developers are preparing for the future pipeline along with the transmission utilities. The discussion addressed what the implementing agencies are doing to ensure the tenders are structured well, so they receive a good response. Are extremely low bids a positive development? If so, why do auctions get canceled every time there is a record low bid? How do we avoid this cycle that slows auction activity?
Duration: 30 mins
Sanjay Sharma
General Manager
SECI
S.S. Mishra
General Manager
NTPC
Lakshminarayanan
DGM
Ayana Renewable Power
Ashish Tiwari
Managing Director
Vena Energy
Project Financing – Solving the Jigsaw Puzzle
This session brought together investors and developers to discuss the challenges involved in financing solar projects. The panel discussed the barriers and also the incentives to invest in India over other markets. How do projects in India tap into foreign funds looking to invest in an era when money is cheap and abundant? Watch the discussion to hear from investor and developer perspectives.
Duration: 45 mins
Hitesh Paliwal
Sr. VP & Zonal Head, North Zone
Corporate Banking Group, SBI
Chintan Shah
Director (Technical)
IREDA
Ben Fraser
Chief Financial Officer
Hero Future Energies
Dr. Martin Lux
Head of Energy Team
KfW Delhi