PR No – 87
28th March, 2025
New Delhi
P2P power trading and Energy Storage to be game changers in Energy Transition of DISCOMs;
Net Zero by 2070 only possible if DISCOMs are sustainable;
PHDCCI and GIZ to jointly work for promotion of RE
Speaking at the PHDCCI – GIZ Workshop on Energy Transition with DISCOMs on 27 March, 2025 at PHD House, New Delhi, where Mr Salil Gupta, Chair, Power Committee, PHDCCI, stated that energy transition is not merely a technological shift but a comprehensive transformation of our energy ecosystem—one that demands new business models, regulatory frameworks, and operational paradigms. India’s power distribution sector faces unique challenges that demand innovative solutions. Despite significant reforms over the past decades, many DISCOMs continue to struggle with financial viability, operational inefficiencies, and the complex task of balancing social obligations with commercial sustainability. He announced that PHDCCI and GIZ will work together for the promotion of RE and smooth energy transition.
Mr P R Kumar, Co-Chair, Power Committee, PHDCCI & MD & CEO, Noida Power Company Ltd, in his Special address observed that India should not copy the energy transition and sustainability path in Power sector of developed countries as their per capita incomes are much higher. DISCOMs should take a lead in RPO compliance for which grid infra needs to be modernised. DISCOMs have to act as an enabler for energy transition and collaboration between DISCOMs, industry, regulators and policy makers is required for creating financially strong and sustainable DISCOMs in India.
The BSES spokesperson who addressed the Workshop stated that DISCOMs are the link between grid and customers and have the most important role to play in sustainability in power sector. He spoke about the Energy Trilemma – Energy Security-Energy Equity and Energy Sustainability with affordability. He gave a brief about BRPL’s initiatives in promotion of RE and informed that they have now started installing energy storage projects in Delhi, which are essential for creating sustainable DISCOMs and are signing Green PPAs as also adding distributed RE. As a next step, he suggested District Cooling and Cooling-as-a-Service (CaaS) in new colonies to decongest the grid. He termed Peer to Peer power trading as a game changer and called for creating an energy trading system (UEI) on the lines of UPI to create equitable and sustainable power distribution in India.
Mr Kuldeep Sharma, Head – Energy Transition with DISCOMs, GIZ INDIA, in his Keynote Address gave a brief about the initiatives of GIZ in transforming DISOCMs in India. He informed that GIZ has worked with 13 states and 26 DISCOMs in India and has been supporting the decarbonisation journey in India in the transport and energy sector. He conveyed that India can only achieve net zero by 2070 goal if the DISCOMs are sustainable.
A Handbook on Implementation of Demand Response Measures was also released at the Workshop.
Speakers at the Technical Sessions included – Mr. Kulbhushan Kumar, Partner, Grant Thornton Bharat LLP; Mr. Aniket Borse, Senior Consultant – Technology & Transformation, Deloitte India; Mr Nirmal Dubey, Associate Director, Deloitte Touche Tohmatsu India LLP; Mr. Anil Thomas, Principal Consultant, DNV; Mr Anket Kapoor, CEO, Solarfix; Mr Rishabh Dev Bajaj, Founder and CEO, Volt Energy; Mr Sunil Bhatnagar, National President – Zero Emissions, International Federation of Electric Vehicles Association; Ms Shubra Thakur, Country Director, Long Duration Energy Storage Council, Mr Ajeet Singh, Associate Fellow, TERI.
Ms Mili Dubey, Asst Secretary General, PHDCCI delivered the Opening Remarks and moderated the Inaugural session. Mr Punit Chaudhry, Secretary, PHDCCI, moderated the Technical sessions. 150 delegates attended the conclave physically/virtually.
GIZ was the Knowledge Partner and TERI was the Supporting Partner for the Workshop and it was powered by PHDCCI annual Corporate Partners, KLJ Resources Ltd.; Mankind Pharma;KEI Industries Ltd.;MMG Group;Gigleaz Private Limited;Yashoda Super Specialty Hospitals Pvt. Ltd.;JK Tyre & Industries Ltd;Eazy ERP Technologies Pvt Ltd;Singhi Advisors & Financial Services LLP;R. L. Steel Pvt. Ltd.;Blossom Kocchar;Hindustan Tin Works Ltd.;Hindustan Tin Works Ltd.;Ajit Industries Ltd.;Apeejay Stya Group;Oswal Greentech Limited;Speciality Merchandising Pvt. Ltd.
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Warm Regards,
Media Division, PHDCCI