BCC&I Sustainability Summit on the occasion of 17th Edition of BCC&I Environment & Energy Conclave, 13th September 2024, India Habitat Centre, New Delhi
The Bengal Chamber of Commerce and Industry presented the BCC&I Sustainability Summit on the occasion of 17th edition of its annual signature Environment & Energy Conclave on 13th September 2024 at India Habitat Centre, New Delhi.
The theme this year was “Net Zero’s Role in Climate Justice- Roadmap beyond 2030”.
The Conclave featured discussions on:
- India’s Roadmap to Net Zero with Just Transition
- BCC&I Initiatives in Sustainability
- Global Collaborations and Innovative Funding for a lower-carbon future
- Energy Economics in India towards Sustainable Development Goals – Net Zero Pathway
- Industry’s Reactions to Net Zero Roadmap beyond 2030
- Youths’ Voice - Entrepreneurial thoughts on Sustainable Development
Opening Session featured India’s Roadmap to Net Zero with Just Transition wherein the discussions were based on India’s commitment to Net Zero by 2070. Equity is crucial for India’s transition to a green economy. The country’s economic priorities are to be aligned with the principles of just transition. The policy framework needs to ensure that vulnerable communities including workers in traditional energy sectors, demography of lower income and others are aligned with the prosperity road map. The opening session was graced by Mr. Gautam Ray, President, BCC&I and President – Corporate, RPSG Group, Shri Ghanshyam Prasad, Chairperson, CEA, Shri S. Suresh Kumar, IAS, Chairman, Damodar Valley Corporation (DVC), Mr. Deepak Gupta, Director (Projects), GAIL (India) Limited, Mr. Anil Kumar Pandey, Managing Director, Jindal Power, Mr. Subhodip Ghosh, Director General, BCC&I. The moderator of the opening session was, Mr. U K Bhattacharya, Chairperson, Energy Environment and Water National Committee, BCC&I and Former Director (Projects), NTPC Limited
| “We have to be the part of the whole Global perspective of reducing the carbon emission, wherein some nations have an early mover advantage but India is slightly lagging behind in the overall economics. We should explore the RE opportunities currently considered the best practices but also protecting the national interest.”- Shri S. Suresh Kumar, IAS |
| “It is our job to ensure that the electricity reaches each and every consumer in a more reliable manner, focusing on quality. Our prime challenge at hand is maintaining this assurance at a constant rate. The CEA had been taking a good amount of exercises in order to achieve this endeavour particularly emphasizing on clean energy. The important point on this plan is the visibility of technology available in the country and what is likely to happen in the given time frame? Our roadmap to 2030 is clear in respect to how much renewable energy is to come such as Solar, Wind, Battery Storage or any other sources of energy. If someone takes a leap into the last 2 years, the growth has been phenomenal as there has been months where growth rate even gone to 20%. We are thinking of including all types of capacities in our distribution including thermal as well.”- Shri Ghanshyam Prasad |
Mr. Deepak Gupta, Director (Projects), GAIL (India) Limited delivered his Address on “Potential of Gas Energy” at the Opening Session of the Summit.
| “We have targets of our own aligned with the national aim of achieving net zero by 2030, created roadmap to 2024. But with the recent strides made in the area, the goals can be completed by 2035. In terms of our current 112 mw renewable energy capacity, we want to accelerate that to 300 gw. We have recently commissioned a green hydrogen plant at vijaypur which is a 4.5 tons/day production plant” said Mr. Deepak Gupta |
Mr. Subhodip Ghosh, Director General, The Bengal Chamber of Commerce and Industry (BCC&I), made a presentation on BCC&I’s Initiatives on Climate Transition, Livelihood and SDG at the BCC&I Sustainability Summit on the occasion of the 17th Environment and Energy Conclave on 13th September in New Delhi. BCC&I and Meensou India Consortium have started Mangrove Plantation for a Blue Carbon Credit Project in Sundarbans Mangrove. The total project area is 4000 ha, covering 50 Panchayats. A total of 1,40,00,000 mangrove will be planted over a period between 2023-2028. The objectives of the project are:
- Carbon dioxide offsetting and protecting the environment
- Livelihood generation through plantation activities
- Protecting the largest mangrove forest of the world, Sundarbans
- Achieving Net Zero goal of the Company as co-benefit
An MoU was exchanged between DVC, BCC&I and TERI for capacity building programmes for the industry on critical areas like net zero, circular economy, e waste, ESG, decarbonisation.
We have instituted the felicitation in the 10th Edition of the Conclave in 2017 and have felicitated Dr. Ajay Mathur, then Director General, The Energy and Resources Institute (TERI); Mr. Saurabh Kumar, then Managing Director, Energy Efficiency Services Limited (EESL); Mr. Nitin Desai, Chairman, The Energy and Resources Institute (TERI); Dr. Sunita Narain, Director General, Centre for Science and Environment (CSE), & Director, Society for Environmental Communications & Publisher, Down To Earth and Dr. Kiran Bedi, Former Lieutenant Governor of Puducherry. This year the Chamber felicitated Shri Ghanshyam Prasad for his exemplary leadership in the areas of inclusive approach towards “Power for All” in our Country.
Global Collaborations and Innovative Funding for a lower-carbon future:
The Session focused on dialogues related to Carbon pricing being identified as a powerful and highly cost-effective instrument for reducing carbon emissions. Commonly inferred in the deliberations that it may play a crucial role in driving emission reductions, catalysing investments in low-carbon technologies, generating government revenues and fostering sustainable growth, thereby laying the foundation for a lower-carbon future proving the notion that Global collaborations are key to developing sustainable solutions.
The Session was moderated by: Mr. Arnab Basu, President Designate, BCC&I and Advisory Leader, PwC India
The Speakers in this Session were:
- Mr. Damon DuBord, First Secretary for Energy Affairs, U.S. Embassy, New Delhi
- Mr. Andreas Schei, Counsellor for Climate and Environment, Royal Norwegian Embassy in New Delhi
- Mr. Franck Viault, Minister-Counsellor, Head of Cooperation, Delegation of the European Union to India and Bhutan
- Prof. Susanta Kumar Chakraborty, Vice Chancellor, Vidyasagar University on “Global Environmental Challenges in the Indian Context : Avenues for achieving Sustainability”
- Dr. Vibha Dhawan, Director General, TERI
- Mr. Anup Bhargava, Chief Strategy Officer, ISGEC Heavy Engineering Limited
Energy Economics in India towards Sustainable Development Goals – Net Zero Pathway:
The session was based on India’s ambition to achieve a $10 trillion economy by 2030 that requires a significant availability of energy resources. It is imperative to envision a roadmap that focuses on the judicious use of energy resources which has been established by the speakers through their common perspectives. According to their addresses, energy transition also needs to be aligned with inclusive growth and needs of the last miles.
The Session was moderated by Mr. Deb A Mukherjee, Former President, BCC&I and Managing Director, Cenergist Energy Private Limited.
The Speakers in this Session were:
- Mr. Pramod Singh, Chief Business Officer, India Power Corporation Limited
- Mr. Rahul Raizada, Partner | Climate and Energy, PwC India
- Mr. Sudhir Kumar Jha, Chief General Manager & HOD, RE & EE, DVC
- Mr. Sanjoy Mukherjee, Executive Director (DT), CESC Limited and Co Chairperson, Energy Environment and Water National Committee, BCC&I (virtual)
Industry’s Reactions to Net Zero Roadmap beyond 2030:
Viable decarbonisation options in the Indian context and identified critical opportunities as well as barriers across policy, technology and financing domains were to be explored, navigated and discussed in this session.
The Session was moderated by: Mr. Sankar Mukhopadhyay, Member, Energy Environment and Water National Committee, BCC&I and Head Asia Institute- Power Management, CESC Limited.
Key Speakers in this Session were:
- Mr. Manas Majumdar, Partner | Lead Fuels & Resources, Oil & Gas Sector Leader, PwC India
- Mr. Debabrata Dutta, ED (EMD) Environment Management Division, Steel Authority of India Limited
- Mr. Abhiroop Bose, DGM, Corporate Affairs, Larsen & Toubro
Youths’ Voice - Entrepreneurial thoughts on Sustainable Development:
The Session focused selected youths, through a competition, from diverse backgrounds advocating for sustainable development across various sectors, from food and fashion to finance. India, with 65% of its population under 35 years, creates a youth powerhouse. India is also witnessing start up movement in the country driven by primarily young entrepreneurs. For which NTPC Business School and BCC&I jointly organized a month long national level competition in order to identify the potential solutions that are viable and solving a problem prevalent in the industry. Top three teams creating solutions for the challenges the world is facing now including climate change, inequal distribution of wealth, public health among others were selected and invited to this session for presenting their case to the larger audience.
The Session was moderated by: Dr. Sandeep Kumar, Assistant Professor, NSB - NTPC School of Business.
Key Speakers in this Session were:
- Mr. Anmol Shahi, Mr. Dhruv Pathak, Mr. Nikhil Kumar Singh from NTPC School of Business, Noida
- Mr. Ashutosh Behera, Mr. Apaar Mathur, Mr. Ripu Daman from NTPC School of Business, Noida
- Mr. Devansh Khanna, Mr. Kopal Jain and Ms. Pratyushi Singh from Delhi School of Business
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