Event - Opportunities for State-Owned Enterprises in India's Clean Energy Future

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Title
Opportunities for State-Owned Enterprises in India's Clean Energy Future
Organizer
International Institute for Sustainable Development (IISD), IIM Calcutta's Centre for Development and Environment Policy
Type
Online Seminars
Focus
  • Other
  • Climate Change
  • Energy Access
  • Renewable Energy


Start
2022/09/13 11:00AM IST
End
2022/09/13 12:30PM IST
Country
  • India
Venue
Online (Zoom)
URL
Description
This webinar will present the findings of a new IISD report that provides an evidence-based approach to ensuring India’s state-owned enterprises (SOEs) are part of the country’s clean energy transition while also continuing to bring revenues to the government, create jobs, and support local communities. This presentation will be followed by a panel discussion on opportunities for SOEs in the clean energy future.

SOEs—known in India as Public Sector Undertakings (PSUs)—hold dominant positions in India’s energy sector, controlling coal mining, transport, power generation; natural gas exploration; and crude oil extraction, refining, and marketing. They bring sizable financial returns to the Government of India, employ millions of citizens, engage in community building, and take on activities of strategic importance. With the growing pressure from cost-competitive clean energy sources and India’s global decarbonization commitments, Indian PSUs are expected to face challenges due to their fossil-dependent business model.

IISD has undertaken a study to build an evidence-based approach to how firms can identify business risks while also illustrating the “opportunity” in transition—how SOEs can mitigate risk by helping deliver a share of India’s clean energy targets.

Organized in partnership with the Indian Institute of Management Calcutta Centre for Development and Environment Policy (IIM–C CDEP), this webinar will show how this approach can be applied to three central-level PSUs that play fundamental roles in the coal-to-power value chain: Coal India Limited, the largest national coal miner; NTPC, the largest thermal power producer; and Indian Railways, the primary transporter of coal across the country.