Mercom to Host Clean Energy Meet for Commercial and Industrial Units in Chennai
The event will be held on July 21, 2023, at Hyatt Regency
July 20, 2023
Following the resounding success in Bengaluru, Mumbai, and Pune, Mercom India is hosting its highly acclaimed C&I Clean Energy Meet 2023 series in Chennai.
The event will be held on July 21, 2023, at Hyatt Regency.
The capital of Tamil Nadu, Chennai, is one of the most industrialized cities in India, boasting a strategic port that serves as the “Gateway to South India.”
With significant consumer power demand, Chennai offers immense potential for businesses to transition toward cleaner power sources.
Recently, Tamil Nadu has increased the retail electricity tariff for high-tension industrial consumers by 2.2% to ₹6.90 ($0.084)/kWh and the retail tariff for commercial consumers by 2.4% to ₹8.70 ($0.11)/kWh. In light of the rising cost of power, going solar is an effective solution for commercial and industrial enterprises to reduce operational expenses while also bringing down their carbon footprint.
The proactive approach of Tamil Nadu’s power distribution companies in efficiently approving projects enhances the attractiveness of adopting solar energy solutions in the state. This favorable environment opens up new possibilities for businesses to embrace sustainable practices, contribute to a greener future, and bolster their bottom line simultaneously.
According to the Q1 2023 Mercom India Solar Open Access Market Report, Tamil Nadu had the country’s third-highest cumulative open access solar capacity as of March 2023, accounting for 10% of the total capacity.
At the C&I Clean Energy Meet in Chennai, Beela Rajesh, IAS, Principal Secretary, Energy Department, Tamil Nadu, and Arvind Kumar, Managing Director at Chennai Petroleum Corporation, S.Ilanahai, President, Chemical Industries Association, and V N Shiva Shankar, Vice President, SICCI, will address the inaugural session.
This will be followed by the session titled “Clean Power Purchase – Options & Technologies Maximizing ROI.” The panelists for the session are Harimohanlal, AGM – Project Development at Sunsure Energy; SI Balaji, Associate Vice President at Evolve Energy; Pratik Bhatt, Senior Vice President- Business Development at Insolare; Nataraj S, Sr. AVP – RE Projects at Swelect Energy, and Nikhil Tambe, CTO, Energy Consortium, IIT Madras, and Chair, Energy Committee, SICCI.
The second session will feature discussions on “Innovative Financing Solutions – Ways to Access Cheap Loans.” The panelists for the session are Jaideep Bhopale, Lead Sales – Partnerships at Ecofy; and Anburaj C, DGM at SIDBI.
The event is supported by Evolve Energy, Sunsure Energy, GoodWe, Insolare Energy, Jinko Solar, Ecofy, Swelect Energy, and Solis Inverters.
The C&I Clean Energy Meet 2023 in Chennai is designed to facilitate meaningful discussions and interactions between industry experts, developers, and C&I consumers. By bringing together this diverse group of stakeholders, Mercom India aims to address pressing challenges, explore opportunities, and promote the adoption of clean energy solutions.
Tailored for large power capacity C&I consumers seeking substantial power cost reduction, this event will address misconceptions, questions, and challenges faced by C&I entities in the region.
Participants can expect to connect with equipment and component manufacturers, lenders, investors, and other key players actively involved in the clean energy sector.
Attendees will gain valuable insights, enabling them to make informed decisions for their businesses and drive the adoption of cleaner and more sustainable energy solutions in Tamil Nadu.
Interested entities can register for the event by sending an email to events@mercomindia.com.
After Chennai, Mercom will host the next C&I Clean Energy Meet in Coimbatore on September 15, 2023.
To find out more about the upcoming events, click here.