Tag: Mr. Tarun Kapoor

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Great Business opportunity for Indian Industry to participate in making Gas Based Economy

Nov 5, 2020 by Gouri Achary 0 Comments #Gas Based Economy, #Mr. A K Jana, #Mr. Nakul Raheja, #Mr. Pawan Kumar Tibrawala, #Mr. Rajeev Kumar Mathur, #Mr. Sanjay Aggarwal, #Mr. Tarun Kapoor, #PHD Chamber of Commerce and Industry, #Virtual Natural Gas Conclave 2020’

The Indian companies need to understand the opportunity and demand in the gas-based manufacturing sector and utilize it to get benefit from the same, deliberated Mr. Tarun Kapoor, Secretary, Ministry of Petroleum & Natural Gas (MOPnG) in the session of ‘Virtual Natural Gas Conclave 2020’ organized by PHD Chamber of Commerce and Industry.

Talking about policy and reforms, Mr. Kapoor mentioned that we are in the process of allowing production to sell gas in form of auctions. He also mentioned that the ministry is working on Transport System Operation so that the transport system becomes more independent and systematic for energy consumption. Gas Exchange will be a reality stone and, stone changes are taking place.

Mr. V.K Mishra, Director of Finance, Petronet LNG discussed that our energy has to be growth-centric at the same time environmentally conscious. Looking at the growth and development in this sector, we are sure that will be an increase in energy capacity and consumption in the next few years. He emphasized that we need to increase our energy consumption in the country for which we need to take initiatives so that we can penetrate gas in all corners of the country and look at small sale energy.

Talking about the environment and cost benefits of LNG, he mentioned that natural gas should come under GST that will benefit the MSMEs and consumers at large.

Mr. Rajeev Kumar Mathur, Executive Director Corp affairs/AM GAIL discussed the need to increase per capita energy consumption that will help India to achieve become a gas-based economy. He mentioned that there are opportunities for equipment manufacturers, suppliers, and ventures. He suggested that there should be an increase in the LNG stations across the country so that the transport sector can increase its consumption.

Talking about the gas exchange, he discussed that this will help to offer more business and consumption opportunities to industry leaders and the population.

Mr. A K Jana, Managing Director, Indraprastha Gas Limited mentioned that targeting the transport system will help to increase the consumption of energy, and strengthing infrastructure will help to increase energy production. He also emphasized replacing LNG with many energy resources that will help to increase the energy mix.

Mr. Nakul Raheja, Country Head, Shell Energy India deliberated that we need to secure more energy at the same time look at the consumption of cleaner energy to tackle climate change. He mentioned that gas can make a difference in climate issues and needs to focus to strengthen its growth in the sectors like power, industries, and transportation. He also mentioned that gas plants are quicker and cheaper to build and globally, gas plays a pivotal part in the power mix. He talked about the flexibility of gas in the power sectors and the need to look for more gas applications.

Talking about the gas policy, he mentioned that it needs to be skill enabled, supply enabled, cost-effective, and have marketing and pricing freedom.

Mr. Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry in his presidential address deliberated about India’s mission to emerge as one of the primary drivers of growth in natural gas demand in Asia, despite the pressing Covid-19 challenges, owing to a combination of Government’s pursuance of consistent policies and initiatives, as well as fast-developing pipeline infrastructure.

He lauded the initiatives undertaken by the Ministry of Petroleum & Natural Gas, Govt of India to ensure energy distribution for all Indians at the same time make it affordable, sustainable, efficient, secure and help progressively moving towards marketing and pricing freedom regime in the country.

He mentioned that Pradhan Mantri Ujjwala Yojana (PMUY) has driven socio-economic change and women empowerment in India, and has doubled the number of LPG connections in the country. SATAT (Sustainable Alternative Towards Affordable Transportation) initiative is aimed at providing a Sustainable Alternative Towards Affordable Transportation as a developmental effort that would benefit both vehicle-users as well as farmers and entrepreneurs.

Talking about the expansion in the Indian Gas grid, he discussed its expansion in the eastern and north-eastern parts of the country via the Government’s supports of capital grants under the Indradhanush North Eastern Gas Grid projects.

Mr. Aggarwal mentioned that increasing domestic gas production has been a key government priority, as output has unexpectedly come in below forecast levels over the past few years. Coverage of City Gas projects is being expanded to many geographical Areas with the potential to cover a major portion of the population. The government has also chalked out plans for use of LNG in long-haul transportation.

While discussing the tariff structure, he talked about the benefits of the new tariff structure that will help in creating a single gas market by attracting investment to complete Gas Grid as well as ensuring equitable access to natural gas and making gas affordable across the country.

Mr. Aggarwal highlighted that Power, Fertilizer, Industrial, and City Gas Distribution segments are expected to contribute to the bulk of future growth of natural gas demand in India.

Mr. Pawan Kumar Tibrawala, Co-Chairman, Hydrocarbon Committee, PHD Chamber of Commerce and Industry delivered a formal vote of thanks to all the delegates and participants.

The session was moderated by Dr. Ranjeet Mehta, Principal Director, PHD Chamber of Commerce and Industry, and was attended by many industry stalwarts pan-India.

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Business World

India is gradually moving towards an Economy based on Clean Energy

Oct 17, 2020 by Gouri Achary 0 Comments #Mr. E S Ranganathan, #Mr. P Arun Prasad, #Mr. Sanjay Aggarwal, #Mr. Sanjeev Gupta, #Mr. Shashank Rastogi, #Mr. Tarun Kapoor, #PHD Chamber

India is becoming a leader in CNG, there has been a significant transition with the need to move towards cleaner fuels like CNG, ethanol, biodiesel, and electric vehicles, deliberated Mr. Tarun Kapoor, Secretary, Ministry of Petroleum & Natural Gas, Government of India in the Inaugural Session of ‘Alternative Fuel Technology for Vehicles: A Cure-all for Sustainable Mobility’ organized by PHD Chamber of Commerce and Industry in association with CSIDC, Govt of Chhattisgarh, in its first-ever “AFT Virtual Expo & Conclave 2020” with Ministry of Environment, Forest & Climate Change (MoEF&CC), Government of India, as the partnering Ministry.

Mr. Tarun Kapoor mentioned that we need to ensure that CNG is available and affordable ensuring that vehicles are modelled to incorporate CNG smoothly. Discussing city gas distribution, he shared that there is significant work happening especially in the infrastructure so that CNG is seamlessly available. We will be doing a pilot project in Delhi on HCNG that will improve efficiency and reduce emissions drastically.

Talking about ethanol, he mentioned that by the next year, we want to take a jump in the ethanol production and we are planning to introduce E12 and E15 shortly. Gradually, we will have blended petrol all over the country and moving to a higher percentage. We have to make pure ethanol available that is happening in several countries and, some countries also have multi-fuel vehicles like Brazil. There is a pilot project which will be implemented for pure ethanol that will take place in Pune shortly.

Mr. Kapoor deliberated about the need to make biodiesel affordable and freely available. On the sector of compressed biogas, he discussed that it’s an area of focus as it’s important for the agriculture sector and, there is a huge source available in the country. He also discussed the projects undertaken by the government for setting up biogas plants that will help in producing a large quantity of biogas that will also flow in the city gas distribution network making it available along with CNG.

On Electric Vehicles, the oil marketing companies are available to facilitate and, we are looking forward to better swapping coming to the petrol station, retail outlets, putting up electric charging. We look forward to work closely with the industry so that we can go forward, said Mr. Kapoor.

Mr. P Arun Prasad, Managing Director, CSIDC, Government of Chhattisgarh giving an outlook about the bioenergy and the initiatives and schemes undertaken by the Government of Chhattisgarh to promote bioethanol by using the surplus of rice available in the state that is increasing investors and promoting the production of bioethanol. We have made it a high priority project for Chhattisgarh and, we have the raw material to produce a large amount of ethanol. He highlighted that the energy sector will be one of the core components in making India Self-Reliant.

Mr. E S Ranganathan, Director-Marketing, Gail India Ltd while discussing the increase in the production of diverse variety automobile vehicles mentioned that LNG has been adopted by many parts of the world and in some parts of India. He also mentioned the steps undertaken to increased LNG infrastructure especially in the highways and key road links. Talking about the potential of bio fuel and biogas, he discussed the advantages and increased usage of these alternative sources of energy. He highlighted the need to have electric vehicles in the country that will help to curb pollution.

Mr. Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry in is his presidential address deliberated about Alternative Fuel Technology (AFT) that will help in ensuring cleaner alternatives for mobility and will help in reflecting the commitment for Sustainable Development Goal (SDGs) as mandated by the United Nations. He discussed the advantages of AFT that is a clean, green, and cost-effective alternative to the other fuels and technologies at the same time giving a strong possibility of convergence of the stakeholders for exploring the opportunities with AFT for favourable social-environmental impact and sustainable commercial uses.

Mr. Aggarwal mentioned that India is one of world’s fastest growing economy having significant bearings with the adoption of a sustainable model of transportation and environmental protection. With the government intervening and taking up the matter seriously, to curb the urban pollution and attain sustainable mobility, Mr Aggarwal lauded the initiatives taken by the Government of Chhattisgarh that is leading in promoting Ethanol and other key components for ensuring sustainable mobility.

Talking about the future growth of the Electric Vehicle market, he mentioned that India has the potential to become one of the largest Electric Vehicles (EVs) markets in the world, with the government push for the segment to curb pollution. India has one of the biggest fleet of natural gas vehicles in the world with the highest Natural Gas Vehicle (NGV) growth potential in the world and with the Central and the State Governments aiming to bring electric and hybrid vehicles on the road, it is sure to ignite the growth in the industry soon.

Mr. Shashank Rastogi, Chairman, Chhattisgarh State Chapter, PHD Chamber gave a formal vote of thanks to all the delegates and discussed the significance of Chhattisgarh State in providing non-fossil alternative fuel for vehicles.

Mr. Sanjeev Gupta, Chairman, Power, Renewable & Alternate Energy Committee, PHD Chamber discussed the various programs, initiatives, and other virtual high profile events organized by the Committee ensuring that PHD Chamber standing in full support with the government in building an Aatma Nirbhar Bharat.

The session was moderated by Dr. Yogesh Srivastav, Principal Director, PHD Chamber, and concluding remarks & formal vote of thanks was extended by Mr. Saurabh Sanyal, Secretary- General, PHD Chamber and attended by other industry stalwarts pan-India & outside India.