3rd Renewable Energy Finance Forum India (REFF-India)
Date:
20 November 2008 - 21 November 2008
Venue:
Renaissance Mumbai Hotel & Convention Centre , Mumbai
Event agenda
Day 1 - Thursday, 20 November 2008
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08:50 |
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Welcome and opening remarks
Vered Tsedaka, Conference Manager, Euromoney Energy Events |
SESSION 1: OPENING KEYNOTE SESSION
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Chair |
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Matthew S. Mendis, President, C-Quest Capital
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09:00 |
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The roadmap for development of renewable energy in India
• How will the shift towards cleaner development affect the Indian renewable energy industry?
•The investment opportunities that are set to emerge
Debashish Majumdar, Chairman and Managing Director, IREDA |
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09:15 |
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Implementation of policies at state level
• Support mechanisms in delivering change
• Assessing how to interpret the goals in a way that benefits the state and overall growth
• Attracting investment
Dr Pramod Deo, Chairman, Central Electricity Regulatory Commission, Government of India |
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09:30 |
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Renewable energy from an asset financier's perspective
• The global surge in renewable energy investment
• Financing requirements for project development, construction and operation
• Factors attracting debt and equity finance to the renewables sector
Thomas Rüschen, Global Head of Asset Financing and Leasing, and Member of the Global Banking Executive Committee, Deutsche Bank |
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10:40 |
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Networking refreshment break
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SESSION 2: KEYNOTE FINANCE SESSION
This session will review the investment landscape for renewable energy in India, presenting the viewpoints of different investors operating in the market.
Looking closely at the way renewable energy projects are presently financed, the panel will discuss how the investment community sees the way forward.
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Chair |
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Opening remarks
Debashish Majumdar, Chairman and Managing Director, IREDA |
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11:20 |
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A state bank’s view on the risk profile for renewable energy projects and the required due diligence
Rajat Misra, Vice President, Project Advisory and Structured Finance, SBI Capital Markets Ltd |
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11:30 |
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The opportunities in India’s renewable markets for private equity investments
Satish Mandhana, Managing Director - Investments, IDFC Private Equity |
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11:40 |
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Debt Finance for renewables energy projects in India
• Challenges for equity investors and borrowers
Vivek Mittal, Managing Director, Millennium Resource Strategies Ltd |
SESSION 3: FORWARD LOOKING TRENDS IN INVESTMENT
The global investment landscape in renewables is diversifying, with funds flowing into ventures beyond the familiar technology business models.
This session will explore some of the innovative financing options and look at what lessons can be applied to the Indian market. |
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Chair |
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Opening remarks
Pinaki Bhattacharyya, Principal, IDFC Private Equity |
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13:55 |
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The evolving nature of financial products available for renewable energy projects in India
Jotdeep Singh, Director and Head - Renewable Energy and Carbon Credits India and Regional Coordinator Asia, Rabobank |
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14:05 |
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Comparative case study – Financing and market development across technologies in China
Sara Lynn Pesek, Associate, New Energy Finance |
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14:15 |
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Can renewable energy investments in India be structured to form an appealing investment route for institutional investors?
Pankaj Sehgal, Director, Alternate Energy and Technology Investments, Sun Group |
SESSION 4: SECTOR FOCUS - SOLAR
Globally, the solar sector is presently attracting the vast majority of venture capital, as well as the majority of cleantech research and development investment.
This session will explore the opportunities emerging in India both as a manufacturing hub and with respect to the untapped potential for installed capacity.
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Chair |
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Pankaj Sehgal, Director, Alternate Energy and Technology Investments, Sun Group
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15:10 |
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Applying energy efficiency business models to solar technology
Hari Chereddi, Managing Director and Chief Executive Officer, SUNLED Technologies Pvt Limited
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15:30 |
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Large scale distribution models in India and the potential for capacity scale-up
T Ananth, Chief Executive Officer, Nuetech Solar Systems Pvt |
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16:15 |
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Networking refreshment break
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SESSION 5: ROUNDTABLE DISCUSSIONS
In cooperation with the Asia-Pacific Partnership on Clean Development and Climate
REFF-India offers a unique opportunity to gather in one room key industry thought leaders. To take advantage of this, the conference will break into a set of roundtables, each moderated by an industry expert.
The roundtables offer investors, project developers, technology firms and policy makers the opportunity to take part in interactive discussion groups on key themes.
The findings of the roundtable discussions will be presented by the moderators to all conference participants, and will further be incorporated into the work of the APP on expansion of investment and trade in cleaner energy technologies, goods and services in India.
About the Asia Pacific Partnership:
Australia, Canada, China, India, Japan, the Republic of Korea, and the United States have agreed to work together and with private sector partners to meet goals for energy security and climate change in ways that promote sustainable economic growth and poverty reduction.
Roundtable moderators:
Matthew S. Mendis, President, C-Quest Capital, LLC on behalf of the APP
Kirsty Hamilton, Associate Fellow, RE Finance Project, Chatham House
Vivek Mittal, Managing Director, Millennium Resource Strategies Ltd
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17:45 |
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Networking drinks reception
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Day 2 - Friday, 21 November 2008
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08:00 |
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Networking breakfast with roving microphone
Delegates will have the chance to briefly introduce themselves to fellow conference attendees |
|
09:00 |
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Welcome and opening remarks
Vered Tsedaka, Conference Manager, Euromoney Energy Events |
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PRESENTATION OF THE ROUNDTABLE FINDINGS
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10:15 |
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Networking refreshment break
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SESSION 6: CARBON FINANCE
Signals in the global community towards engagement in frameworks regulating emissions strongly suggests a continuation and possible expansion of a carbon trading
framework beyond 2012.
The session will feature the perspectives of originators, buyers and sellers on the role of carbon as a financing instrument and as a commodity. |
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Chair |
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Markus Hüwener, Chief Executive Officer, First Climate
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10:50 |
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Structured financing for the carbon market in India – A business perspective
Umesh Kumar Chhabra, Head Client Relationship, Global Client Group, ICICI Bank Limited |
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11:00 |
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Establishing a mechanism for Renewable Energy Certificates in the Indian market
Balawant Joshi, Director, ABPS Infrastructure Advisory Private Limited |
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11:10 |
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Carbon as a financing tool in RE project development and the outlook post 2012
Vinod K Kala, Managing Director, Emergent Ventures India |
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11:20 |
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Management of carbon asset ownership throughout the generation lifecycle
Dr Ram Babu, Managing Director, Cantor CO2e |
SESSION 7: SECTOR FOCUS - WIND
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Chair |
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Opening remarks
Dr Anil Kane, Chairman, Indian Wind Energy Association |
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13:25 |
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The global wind market – Opportunities for growth through manufacturing scale-up in India
V V Rao, Head of IT, Suzlon |
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13:35 |
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Electricity off-take arrangements and their impact on project development and financing
Jami Hossain, Managing Director, WindForce Management |
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13:45 |
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Is the slowdown in growth signalling a trend for the Indian wind sector?
Mahesh Makhija, Vice President, Renewables, CLP India |
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14:30 |
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Networking refreshment break
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SESSION 8: SECTOR FOCUS - DEMAND-SIDE SUSTAINABILITY
It is becoming increasingly clear that the clean development frameworks needs to expand to incorporate demand-side sustainability.
Improved efficiency of resource utilisation is not only crucial for long term sustainability, it also holds the potential to carry strong financial benefits.
The session will look more closely at the sectors of energy efficiency and water in India, raising discussion on possible investment models. |
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15:00 |
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Opening remarks
Sudha Setty, Senior Program Manager and Regional Director South Asia, Alliance to Save Energy |
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15:10 |
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Government policies to promote sustainable energy consumption
Balawant Joshi, Director, ABPS Infrastructure Advisory Private Limited on behalf of the Bureau of Energy Efficiency, Government of India |
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15:20 |
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Innovative financial models to make energy efficiency work
• The need to make demand-side sustainability financially viable
• The true cost of energy efficiency
• Utilising carbon credits as a financing mechanism
Dr Mahesh Patankar, Associate Director, International Institute for Energy Conservation |
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15:30 - DISCUSSION Demand-side sustainability markets vary considerably from the established supply-side markets and developing adequate financial models is key to turning them into a viable investment opportunity.
What measures are required to drive the sector forward?
Is privatisation of key services a necessity? |
SESSION 9: SECTOR FOCUS - BIOENERGY
India’s heavy dependence on oil imports for sustaining its energy demand offers a great potential for any viable opportunity to diversify the energy mix.
Securing feedstock supply remains a key issue in putting bioenergy together, as does the deployment of more advanced technologies.
The session will look more closely at the sectors of biomass, waste-to-energy and biofuels, looking at case studies of putting together such projects and identifying the type of investments suitable to deliver them and generate returns. |
|
Chair |
|
Chaitanya Kalia, Partner, Climate Change and Sustainability Services, Ernst & Young
|
|
16:20 |
|
Bioenergy in India and the energy mix
• The backdrop of oil prices globally – Recent fluctuations and the long term view
• Biofuels technology maturation points at this stage in time
• Land and water – What is the verdict on vegetable oils?
• Adequacy of the present bioenergy policy landscape in India
Anant Pande, Chief Operating Officer, Indo Greenfuel Consultants Private Ltd |
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16:30 |
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Securing feedstock supply for a sustainable project – A case study
Shubhada Jahagirdar, Director, EnerSearch |
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16:40 |
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Developing dedicated insurance products for the bioenergy industry
• Insurance products to secure fuel supply
• Credit default risk products for power purchase agreements
H V Kumar, Director, Crestar Capital India Private Ltd |
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16:50 - DISCUSSION
Rising energy costs are placing increasing pressure on government oil subsidies, yet domestically, resource allocation of land and water is still being heavily debated.
Can the potential for biofuels in India be realised within the scope of existing technologies, and how? |
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17:20 |
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Close of conference and closing drinks
|
Discussions:
-
20/11/08 09:00 -
The roadmap for development of renewable energy in India
-
Debashish Majumdar, Chairman and Managing Director, IREDA
Download
-
20/11/08 09:30 -
Renewable energy from an asset financier's perspective
-
Thomas Rüschen, Global Head of Asset Financing and Leasing, and Member of the Global Banking Executive Committee, Deutsche Bank
Download
-
20/11/08 11:20 -
A state bank’s view on the risk profile for renewable energy projects and the required due diligence
-
Rajat Misra, Vice President, Project Advisory and Structured Finance, SBI Capital Markets Ltd
Download
-
20/11/08 11:30 -
The opportunities in India’s renewable markets for private equity investments
-
Satish Mandhana, Managing Director - Investments, IDFC Private Equity
Download
-
20/11/08 11:40 -
Debt Finance for renewables energy projects in India
-
Vivek Mittal, Managing Director, Millennium Resource Strategies Ltd
Download
-
20/11/08 14:05 -
Comparative case study – Financing and market development across technologies in China
-
Sara Lynn Pesek, Associate, New Energy Finance
Download
-
20/11/08 15:10 -
Applying energy efficiency business models to solar technology
-
Hari Chereddi, Managing Director and Chief Executive Officer, SUNLED Technologies Pvt Limited
Download
-
20/11/08 15:30 -
Large scale distribution models in India and the potential for capacity scale-up
-
T Ananth, Chief Executive Officer, Nuetech Solar Systems Pvt
Download
-
20/11/08 16:30 -
In cooperation with the Asia-Pacific Partnership on Clean Development and Climate
-
Matthew S. Mendis, President, C-Quest Capital, LLC on behalf of the APP
Download
-
21/11/08 10:50 -
Structured financing for the carbon market in India – A business perspective
-
Umesh Kumar Chhabra, Head Client Relationship, Global Client Group, ICICI Bank Limited
Download
-
21/11/08 11:00 -
Establishing a mechanism for Renewable Energy Certificates in the Indian market
-
Balawant Joshi, Director, ABPS Infrastructure Advisory Private Limited
Download
-
21/11/08 11:10 -
Carbon as a financing tool in RE project development and the outlook post 2012
-
Vinod K Kala, Managing Director, Emergent Ventures India
Download
-
21/11/08 13:25 -
The global wind market – Opportunities for growth through manufacturing scale-up in India
-
21/11/08 13:35 -
Electricity off-take arrangements and their impact on project development and financing
-
Jami Hossain, Managing Director, WindForce Management
Download
-
21/11/08 13:45 -
Is the slowdown in growth signalling a trend for the Indian wind sector?
-
Mahesh Makhija, Vice President, Renewables, CLP India
Download
-
21/11/08 15:00 -
DEMAND-SIDE SUSTAINABILITY: Opening remarks
-
Sudha Setty, Senior Program Manager and Regional Director South Asia, Alliance to Save Energy
Download
-
21/11/08 15:20 -
Innovative financial models to make energy efficiency work
-
Dr Mahesh Patankar, Associate Director, International Institute for Energy Conservation
Download
-
21/11/08 16:20 -
Bioenergy in India and the energy mix
-
Anant Pande, Chief Operating Officer, Indo Greenfuel Consultants Private Ltd
Download