"India's power sector is one of the most diversified in the world"
“Indian utility vendors and services will find a huge market and scope in Africa, especially in South Africa’s energy sector,” says Dr Rajeev Singh, the Director General and CEO of the Indian Chamber of Commerce (ICC). The ICC represents India at African Utility Week from 15-17 May in Cape Town, hosting a pavilion of more than 45 suppliers of specialised technology and services for the energy sector.
Dr Singh says “the primary objective of the ICC is to connect with over 7000 industry professionals across the full spectrum of the sector to address today’s challenges and implement tomorrow’s solutions.”
He says visitors to the Indian pavilion at African Utility Week will be able to “interact and network directly with Indian vendors who have specialized in the energy sector. Visitors can also see the products and services covering generation, transmission & distribution, metering, renewables and new technologies. Visitors can furthermore establish distribution channels.”
Vibrant entrepreneurial culture
Asked what the African continent can learn from the experience of the Indian utility sector, the ICC CEO says: “Indian power sector is undergoing a significant change that has redefined the industry outlook. Sustained economic growth continues to drive electricity demand in India. The Government of India’s focus on attaining ‘Power for all’ has accelerated capacity addition in the country. At the same time, the competitive intensity is increasing at both the market and supply sides (fuel, logistics, finances, and manpower). Total installed capacity of power stations in India stood at 334,146.91 Megawatt (MW) as on February, 2018.”
He continues: “The Ministry of Power has set a target of 1,229.4 billion units (BU) of electricity to be generated in the financial year 2017-18, which is 50 BUs higher than the target for 2016-17. The annual growth rate in renewable energy generation has been estimated to be 27 per cent and 18 per cent for conventional energy. African nations can get a lot of trade benefits if they consider investing and doing business in India.”
Dr Singh adds: “India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste.”
Founded in 1925, the Indian Chamber of Commerce (ICC) is the leading and only National Chamber of Commerce operating from Kolkata, and one of the most pro-active and forward-looking chambers in the country today. Its membership spans some of the most prominent and major industrial groups in India.
The 18th annual, multi-award winning African Utility Week will gather over 7,000 decision-makers from more than 80 countries to discuss the challenges, solutions and successes in the power, energy and water sectors on the continent. Along with multiple side events and numerous networking functions the event also boasts a seven track conference with over 300 expert speakers.
The African Utility Week expo offers an extensive technical workshop programme that is CPD accredited, free to attend, and offers hands-on presentations that take place in defined spaces on the exhibition floor. They discuss practical, day-to-day technical topics, best practices and product solutions that businesses, large power users and utilities can implement in their daily operations.
African Utility Week has also already secured other important industry support including Lucy Electric as diamond sponsors, Eskom Rotek Industries, Hexing, Landis+Gyr and Sensus as platinum sponsors and Aberdare, Empire Utility Solutions and SAP as gold sponsors.
African Utility Week is the flagship energy event organised by the multi-award winning Spintelligent, leading Cape Town-based trade exhibition and conference organiser, and part of Clarion Events Ltd, based in the UK. Other well-known energy events by Spintelligent are Future Energy Nigeria and Future Energy East Africa. More events include Agritech Expo Zambia, Property Buyer Show, DRC Mining Week, Eduweek, Farm-Tech Expo Kenya, Nigeria Mining Week and the Mining Baraza in Kenya.
Dates for African Utility Week: Conference and expo: 15-17 May 2018 Awards gala dinner: 16 May 2018 Site visits: 18 May 2018 Location: CTICC, Cape Town, South Africa
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.