'Challenges of Incorporating New Nuclear, Fossil and Renewable Energy Projects into the Indian Power Sector'
'Challenges of Incorporating New Nuclear, Fossil and Renewable Energy Projects into the Indian Power Sector' Including scheduling, settlement, civil liability and sanctity of contracts Tuesday, November 10th, 2009 The Hay-Adams Hotel
-- IPPAI, ASG, USIBC and H&H is organizing its first ever, US-India workshop on 'Challenges of Incorporating New Nuclear, Fossil and Renewable Energy Projects into the Indian Power Sector' in The Hay-Adams Hotel in Washington DC on Tuesday, Nov 10th 2009. The initiative will look at ground level regulatory, technical and legal realities for the private participation in The Indian Power Sector that are likely to be encountered with nuclear, renewable, or fossil fuel power generation projects. The workshop will consider policy and regulatory issues affecting U.S. investment in the Indian Power Sector and will examine key downstream power sector issues including: Land acquisition, Payment Security Mechanisms, Third Party Open Access issues, Scheduling, Settlement, Civil liability, Dispatching Infirm Power, Decommissioning, Tariff setting, Centre-State conflicts on Open Access, Fuel issues, Power exchanges, Public Private Partnerships and Sanctity of Contracts, in the context of the emerging Indian Power market post the Electricity Act 2003 and US policy and regulatory issues.
An understanding of the multiple regulations, Tariff Setting, the UI Mechanism, Competitive Bidding, Scheduling of short supply and oversupply, and, Merit Order Dispatch for power, will be presented at the workshop in detail. These downstream issues are particularly important for Nuclear power due to the must-run obligation of nuclear power generation.
Importantly, as government sector undertakings may implement certain projects with the private sector, the implications of public-private partnerships (PPP) and power purchase agreements (PPA) will be clearly presented at the workshop in the context of ground level working issues.
Samuel R. Berger, Co-Chairman, Albright Stonebridge Group will discuss Obama Administration perspectives for Indo-US nuclear commerce. Harry Dhaul, Director General, IPPAI will give an overview of The Indian Power Sector: Framework of The Indian Electricity Act, 2003 and the concurrent nature of the sector. Bhanu Bhushan, Former Director Operations, Power Grid India & Former Member CERC, will discuss Technical perspective - scheduling and grid issues the Indian electricity grid, Settlement Mechanisms, short supply and oversupply, Merit Order Dispatch, Scheduling infirm power and nuclear power. G R Srinivasan, Former Vice Chairman, Atomic Energy Regulatory Board will discuss Likely model for Public Private Partnership, Potential gains for US companies in the long run steps for privatization challenges & Requirements to be met by US/Indian partners.
The conference will also be attended by Anil Razdan, Former Secretary, Ministry of Power, Government of India, Mukesh Tyagi, Former President, PunjLloyd, Hogan & Hartson LLP, THOT Capital Group, Richard S. Goorevich, Department of Energy, Office of International Regimes and Agreements, U.S. Department of Energy, Christine Fair, Deputy Assistant Secretary of State for South Asia, V Subramaniam, Former Secretary, Ministry of New & Renewable Energy, Mohit Saraf, Senior Partner, Luthra & Luthra, Sanjay Bhatnagar, CEO, THOT Capital Group, Jatin Aneja, Partner, Amarchand Mangaldas, Chintan Shah, Head-Strategic Business Development, Suzlon Energy, Amulya Charan, MD, Tata Power Trading Company Ltd, Paul Hanrahan, CEO of AES, Michael Owen, Acting Deputy Assistant Secretary of State for South and Central Asian Affairs, US Department Of State, Robert N. Boudreau, Director, International Nuclear Energy Policy and Cooperation, U.S. Department Of Energy, Ron Somers, President , USIBC, Ted Jones, Director, USIBC, Mary Anne Sullivan, Partner, Hogan & Hartson LLP, Ajay Kuntamukkala, Partner, Hogan & Hartson LLP.
The workshop will also examine the legal framework for private participation in the Indian power sector including Limitation of Liability, Amendments to the Electricity Act 2003 and Atomic Energy Act, Sanctity of Contract, and Payment Security Mechanisms. Additional topics will include Land Acquisition, Decommissioning of projects, Financing, and Fuel Supply for power projects.
Such information would provide guidance for policy makers, regulators, stake holders, experts, consultants, and small, medium and large players from the US industry, to help them better understand how to position themselves in the Indian power market.
Notes to Editor
About IPPAI (Independent Power Producers Association Of India)
The Independent Power Producers Association of India (IPPAI) is a not-for-profit association that was set up in 1994, shortly after the Government of India opened power generation to private players and invited developers to set up power projects in India. It was set up initially with the idea to provide a neutral forum to independent power producers (IPPs) to discuss various issues and bottlenecks that the nascent power industry faced as the country moved from command to market economy.
IPPAI's initiatives are focused on addressing risks, removal of difficulties, spreading better understanding of emerging policy and regulatory issues, lobbying for the development of the power sector, and, encouraging discussion between all stakeholders to promote efficient implementation of effective policies for the transparent and competitive growth of the Indian energy, power and allied sectors.
IPPAI's primary goal is to bring together all the important players, including government officials and multi-lateral agencies to resolve problems that are retarding the progress and development of projects in the Indian power sector.
Since its establishment, IPPAI has been an interface between all stakeholders in the power sector, including Policy Makers, Regulators, various Central Government Ministries, State Governments, the Planning Commission Power Developers, Financial Institutions, Indian and International Organizations. IPPAI's initiatives have received support from various ministries including the Ministry of Power and the Ministry of New & Renewable Energy, Government of India.
IPPAI has, over the last few years, conducted over 100 Workshops, Round tables, Energy Summits and International Conferences featuring a wide range of subjects from Financing, Regulation, Policy Initiatives, Legal concerns and Environmental issues. Besides providing a neutral platform for examining specific issues IPPAI disseminates information on the complex issues in the infrastructure, power and petroleum sectors, as they change from time to time.
IPPAI keeps track of the latest emerging policy trends which offer a unique and valuable input to ensure success in this volatile emerging market where policy changes and political uncertainty add a new dimension almost every moment to the success or failure of project development.
As IPPAI is a neutral, apolitical independent Association that does not rely on Government funding, it offers flexibility and freedom, in interacting with the policy makers and important decision makers at the State and Central level. These neutral interactions have enormous value in today's environment.
IPPAI Conferences
At the core of our initiatives are our industry acclaimed conferences that focus on current energy affairs. Our expertise and highly focused discussions ensures consistently relevant conference programmes with a steady stream of high-profile experts and speakers providing exclusive insights into the key issues. The events are attended by professionals from a varied range of organizations including Commercial business, Governments, Public administration, International bodies, Non-governmental organizations, Banks and financial institutions, Academia and the Media.
IPPAI Flagship Events
Through our annual flagship events, IPPAI has been assisting private industry through India's transition from a command to market economy by being an interface between the public sector and private industry for overcoming regulatory, fiscal, legal, and policy issues through a neutral platform. IPPAI has been facilitating strengthened dialogue between public and private sector experts and decision makers. IPPAI Flagship events include:
- India Energy Mart: Strategic thinking on energy security including fuel options such as nuclear, renewable, oil & gas and coal; energy access; security of energy assets; and power market development
- Regulators & Policymakers Retreat: Way forward in regulation and policy making across key infrastructure sectors
- Captive Power Series: Achieving 24x7 supply of power through understanding issues related to distributed, captive and renewable power generation capacities
- Legal & Tax Summit: Overcoming legal, fiscal and tax issues in energy market development
IPPAI conferences have seen support, participation and guidance from eminent thinkers, renowned experts and prominent speakers including:
Dr. Manmohan Singh, Prime Minister of India - Santosh Bagrodia, Minister of State for Coal
- Kapil Sibal, Minister for Science & Technology - Arun Shourie, Fmr. Minister for Disinvestment - Mani Shankar Aiyar, Fmr. Minister Petroleum - Sheila Dikshit, Chief Minister of Delhi - Montek Singh Ahluwalia, Dy. Chairman, Planning Commission, Government of India - B K Chaturvedi, Member, Planning Commission. - Anil Razdan, Fmr. Secretary, Ministry of Power - Apurva Chandra, Jt Secretary, Ministry of Petroleum & Natural Gas - V Subramanian, Fmr. Secretary, Ministry of New & Renewable Energy - Kailash Pati, Economic Advisor, Ministry of Coal - M K Rasgotra, Fmr. Chairman, National Security Advisory Board - Dr. Pramod Deo, Chairman, Central Electricity Regulatory Commission - L. Mansingh, Chairman, Petroleum & Natural Gas Regulatory Board - Pradeep Baijal, Fmr. Chairman, Telecom Regulatory Authority of India - S L Rao, Chairman, Institute for Social & Economic Change - Vinod Dhall, Fmr Chairman, Competition Commission of India
- M.S Sriniwasan, Fmr. Chairman, Atomic Energy Commission - Lalit Mansingh, Former Foreign Secretary - K Santhanam, Fmr. Chairman, Institute of Defence Studies & Analysis - Lakshmi Venkatalchalam, Director General of Shipping - D. V Kapur, Chairman Reliance Power - Dr. R K Pachauri, DG Terim - R. P Singh, Chairman, Power Grid Corporation of India- C. P Jain, Former Chairman, National Thermal Power Corporation - T N Thakur, CMD, Power Trading Corporation - Dr. Naseem Zaidi, Director General, Directorate General of Civil Aviation - B C Khatua, Chairman, Forward Markets Commission - B P Singh, Executive Director, National Thermal Power Corporation - Sushil Maroo, Dy. Managing Director, Jindal Power - Amulya Charan, Managing Director, Tata Power Trading Company - Vikram Mehta, Chairman, Shell Group of Companies, India - Sudhinder Thakur, Executive Director, Nuclear Power Corporation of India - S. Padmanaban, Senior Energy Advisor, USAID - Dr. Ajay Mathur, Director General, Bureau of Energy Efficiency, Government of India - M.J Akbar, Editor, Asian Age, among other notable speakers.
IPPAI members & corporations that have worked closely with IPPAI include Tata Power, Reliance Industries, Suzlon Energy, NTPC, Essar Power, National Grid of UK, Cogentrics USA, Westinghouse USA, PSEG Global, Ernst & Young, Jaiprakash Industries, GMR Energy, Jindal Steel & Power, BSES, DLF Power, Dabhol, Enron, Gujarat Piapava Port, CESC, BHP Billiton, Godavri Sugar Mills, Maersk Shipping, Manglore Power Company & PSEG Global, amongst others.
