Indian power sector has seen major movements: Ratul Puri during 3rd Annual Power Summit
The Third Annual Power Summit was organised at New Delhi’s Le Meridien Hotel, on February 23, 2016, where the Secretary of Power Ministry, GOI, Mr. P K Pujari addressed the delegates. Along Mr. P K Pujari, there were few more well-acknowledged individuals who addressed the delegates at the Summit. These individuals have gathered appreciation across the Nation for their commendable contribution in Nation’s development, which include the President of TCL – BCCL, Mr. Deepak Lamba; Director of BSES Rajdhani and Yamuna Power, Mr Gopal Saxena; Joint Managing Director and CEO of JSW Energy, Mr. Sanjay Sagar and Senior Director of CRISIL Ratings, Mr Sudip Sural.
The Chairman of Hindustan Powerprojects Pvt Ltd, Ratul Puri accentuated upon the growth potential of Indian power sector during his speech that it can easily attract numerous investors’ interest towards it because of always increasing demand for energy in India. Ratul Puri told a concerned media person, “A lot has changed in the last few years. India is on a growth path with a high GDP growth, a negligible current account deficit and a significantly reduced fiscal deficit. After a long time, people outside are seeing India as a country which can truly deliver. Next 10 years are going to be the decade of India. One sector which has seen a major movement and change in recent times has been the power sector”.
Ratul Puri further talked about ‘Power for all by 2019’, where he said, “Today, that seems to be achievable in the near and medium term. It is important to recognise the tremendous work from the Government’s side as well as other stakeholders in the sector to address the many challenges. At the same time, we need to be cautious as there are still many issues that need to be addressed,”
While concluding his Inaugural address, Ratul Puri highlighted the need to revitalise the hydropower sector as soon as possible, which is a promising source of energy in India because of its traits of cleanliness and renewability.