Business-to-Government (B2G) space is poised for an unprecedented brisk business for MSME players as the Modi government is focusing on embracing energy-efficient lighting and renewable energy. A panel of experts – Punit Agrawal, Railway Board; Shirish Garud, TERI; L Pugazhenthy, India Lead Zinc Development Association (ILZA) – discussed the emerging bulk-buying market opportunities for players at the recently-held LED Summit in New Delhi. Organised by Messe Frankfurt Trade Fairs India Pvt Ltd, the discussion was moderated by Praveen Kumar Sood, chairman, Regnant Energy Solutions.
Punit Agrawal: The railway has decided to tap into renewable energy for its traction and non-traction operations. It will harness 20% of its total energy need from renewable sources in next 3-4 years. We will set up a solar plant very soon for the purpose. Railway will go for 100% LED lighting en-route ESCO model of power PSUs-promoted Energy Efficiency Services Ltd (EESL). Also, we will install energy-efficient air-conditioners and fans in our offices, residential quarters, stations, trains, and other establishments.
Shirish Garud: The country’s solar energy sector will witness phenomenal growth with the formation of International Solar Alliance (ISA). This will drive innovation, evolve new business models, and attract investments in the sector. The government, the corporate, homes and small and medium enterprises will be powered by solar.
L Pugazhenthy: Storage will be of immense importance as India is adopting renewable energy in railway, automotive, electric vehicle, street lighting, UPS, inverter, solar energy, among others. Lead battery, which is the instant or portable energy, will be dominant technology for decades to come. A focus will also be on organised recycling of lead battery and producing top-notch batteries to run varied industries on renewable energy.