“Germany is India’s largest energy partner in Europe and therefore there is need for sustained cooperation”, says Shri Pradeep Kumar Sinha in his opening remarks of the 6th Indo-German Energy Forum. Sinha, Secretary MoP, is Indian Co-Chair and leading the Indian Delegation. The latest figures of financial cooperation between the two countries give impressive evidence of Sinha’s statement. In 2014, KFW, the German Development Bank signed promotional loans of 675 Million Euro to finance energy projects in India. With this financial commitment Germany became the largest donor for energy in India.
India has set itself ambitious targets especially related to RE. Already by 2022 the country plans to increase the installed solar power capacity to 100 GW and the wind power capacity to 60 GW. Uwe Beckmeyer, Parliamentary State Secretary and Head of the German delegation underlines Germany’s commitment to India: “India requires modern renewable energy as a developing nation and Germany is a reliable partner in that attempt and there is a mutual benefit in this endeavor.”
Piyush Goyal, Minister of State, Ministry of Power also shows deep interest in the Forum. He calls Mr. Beckmeyer and the German delegation for a personal meeting over lunch. The Minister shows big interest in Germany's efforts to improve energy efficiency and the ongoing plan to phase out of nuclear energy. Secretary Beckmeyer highlights German government's contribution to the construction of green energy corridors in India with an allocation of 1 billion euros through KFW. In addition to this, talks are ongoing about a new loan of 1 billion euros to support India's ambitious solar program. Two days later at the inauguration of the investors summit RE INVEST, the minister will refer to Germany as a best-practice model in promoting and using RE and model of learning for India.
After the intensive lunch, the Forum proceeds and one of the highlights of the ongoing session is the inauguration of the new subgroup on Green Energy Corridors. Especially in the integration of renewable energy into the electricity grid, both countries are facing the same challenges as the hot spots of RE generation are far from the industrial centers and power consumption. Therefore new intrastate transmission lines are needed to integrate RE in a big scale into the grid backed up by so called Renewable Energy Management Centers. As Germany is already one step ahead, the Indian side expresses the wish of further cooperation emerging from large scale RE integration into the grid.
Finally both sides agree to intensify the political dialogue through the Indo-German Energy Forum. Therefore, both sides will nominate representatives for a contact group which shall work out a strategy for the future direction of the dialogue in order to be more focused on policies and developments and less on individual projects and technical issues.
Only two days later, India’s first global renewable energy investor’s summit “RE INVEST” starts. Prime Minister Modi and Energy Minister Goyal try to attract foreign investment in large scale which is badly needed to make India’s dream come true to be one of the leading nations in Green Energy. The participation of nearly 3.000 delegates and representatives from 40 nations shows the relevance of the endeavor. Commitments from banks to fund 78 GW of RE projects and prospects offered by 300 companies to finance another 266 GW of RE make the conference a success. Again these are busy days for the team of Indo-German Energy Forum Support Office. Together with the colleagues of Indo-German Chamber of Commerce they are organizing and coordinating the German Industry Pavilion. And again it is the Minister himself who will not miss to meet Uwe Beckmeyer and his delegation here and to inform himself about the strong engagement of German companies in the Indian market.
For more information, please contact firstname.lastname@example.org