Harnessing India’s Renewable Energy Potential

AsiaNet 44324

LONDON, Apr. 26/ PRNewswire-AsiaNet/ —

India’s answer to its energy deficit issue has been to implement attractive incentives for clean energy generation. Euromoney Energy Events’ 4th Renewable Energy Finance Forum – India (http://www.reff-india.com) looks to match energy utilities, developers, and manufacturers with the financial community in order to forge a new renewable energy identity. On the 24th & 25th of May 2011 at Le Meridien in New Delhi, renewable energy experts will explore the means in meeting this development goal, including how to fill the funding gap.

Discussing topics around policy implementation, domestic and international lending strategies, investment opportunities, risks, renewable technologies, and carbon finance; an array of information about the current framework and future opportunities will be presented to a domestic and international delegation.

An in-depth examination of the policy in place will be discussed by Deepak Gupta, Secretary of the Ministry of New and Renewable Energy, India; how this policy influences financiers appetite will be responded to by Anita George, Director of Infrastructure at the International Finance Corporation; and the variations in policy at national and state level which will be addressed by a senior representative at the Indian Renewable Energy Development Agency.

India provides an ideal landscape for renewable energy expansion, where international expertise can partner with local business resources. An example of an international company marking its place in the Indian renewable energy scene will come from Anil Srivastava, CEO of AREVA Renewables.

Favourable tariffs are opening eyes and the risk and return profile for deploying capital in renewable energy in India is appealing. The financial community is eager to learn more about where to place its money. This discussion will be led by a mix of leading financiers and investors including SBI Capital Markets, ICICI Bank, Industrial Development Bank of India, HSBC Bank, Credit Suisse Securities, Yes Bank, and Morgan Stanley.

Following the government’s introduction of an attractive solar incentive, the appetite for investment in this sector has significantly soared. There will be both developers and manufacturers involved in this discussion on how to best utilise available capital for solar development including Theirry LePercq, Chairman from Solaire Direct; Inderpreet Wadhwa, CEO from Azure Power; and Srini Nagabhirava, Managing Director of the Asia Pacific from AES Solar.

Euromoney Energy Events (http://www.euromoneyenergy.com/) provides worldwide clean energy conferences focussed at drawing the financial and investment community in to the market.

Contact:

Matt Ackroyd

Euromoney Energy Events

mackroyd@euromoneyplc.com

+44-207-779-8084

SOURCE: Euromoney Energy Events