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| Last Updated::12/04/2023

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G20 Side Event: Diversified & Circular Renewable Energy and Critical Mineral Supply Chains To play Crucial role in India’s Energy Transition

 

Date: 3rd April 2023

 

The Union Ministry of New and Renewable Energy, the Ministry of Mines, and the Ministry of Power held the official side event, ‘Diversifying Renewables & Critical Minerals Supply Chains to Advance Energy Transition’, as part of the second Energy Transitions Working Group meeting under India’s G20 Presidency, today ( 3 April 2023) in Gandhinagar, Gujarat. The event was supported by the Council on Energy, Environment and Water (CEEW) and the Asian Development Bank (ADB).

 

“India, under its G20 presidency, takes pride in hosting leaders, experts, government officials, energy sector financiers and other key players to focus on the critical need for a cost-effective and risk-proof scale-up of clean energy through diversified supply chains and distributive expansion of manufacturing base,” said Mr Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy (MNRE), Government of India, in his keynote address. “We hope and expect that the deliberations today will help identify a set of collective changes that will put the world on the path to rapid scaling-up of renewable energy, while ensuring energy security, affordability and better quality of life for our people,” he said.

 

Mr Vivek Bharadwaj, Secretary, Ministry of Mines, in his keynote address, said that the majority of critical mineral reserves are in 15 countries. “The human race has fought many crises – whether the Ozone layer depleting, the Covid pandemic or the energy crisis in the 1970s. I am sure we will be able to address the criticality of minerals too and the Indian government is working towards making the country secure,” he said.

 

 

Mr Bhupinder Singh Bhalla, Secretary, MNRE, delivering the keynote at the second Energy Transitions Working Group meeting side event, ‘Diversifying Renewables & Critical Minerals Supply Chains to Advance Energy Transition, on 3 April 2023 in Gandhinagar, Gujarat.

 

 

Mr Vivek Bharadwaj, Secretary, Ministry of Mines, delivering the keynote at the second Energy Transitions Working Group meeting side event, ‘Diversifying Renewables & Critical Minerals Supply Chains to Advance Energy Transition’, on 3 April 2023 in Gandhinagar, Gujarat.

 

 

Report launch of CEEW's ‘Developing Resilient Renewable Energy Supply Chains for Global Clean Energy Transition’, and CEEW, IEA, ITS UC Davis and WRII’s ‘Addressing Vulnerabilities in the Supply Chain of Critical Minerals’, at the official side event, ‘Diversifying Renewables & Critical Minerals Supply Chains to Advance Energy Transition’, second ETWG meeting under India’s G20 Presidency, 3 April 2023 in Gandhinagar, Gujarat.
 

 

Ms Mamta Verma, Principal Secretary, Energy & Petrochemicals, Government of Gujarat,talked about the role of Gujarat in fulfilling India’s renewable energy targets. “Gujarat has been aggressive in its renewable energy policies and stepping up manufacturing capabilities. We need to develop a good framework to strengthen supply chains, a robust R&D mechanism, and more renewable energy parks so that manufacturing hubs can come up.”

 

Energy Transition Working Group Chair Mr Alok Kumar, Secretary, Ministry of Power, said that the consensus in the recent Energy Transitions Working Group meetings has been that renewables will have an important role in reaching net-zero targets, and accessible supply chains will be important. “For a large country like India, diversification of supply chains will mean a lot of local manufacturing, thus generating green jobs. A circular economy and alternative technologies for battery storage will be key too,” he said.

 

Dr Arunabha Ghosh, CEO, CEEW, emphasised that a speedy, resilient and inclusive transition to renewable energy will only be possible if countries can secure access to uninterrupted and affordable supply chains of key technologies. “Through its G20 Presidency, India could promote comprehensive tracking of global RE manufacturing capacity and trade flows to inform expansion and diversification strategies, and foster competition in trade,” he added.

 

The event, which convened leading experts in the sector from industry, academia and policy-making,saw the launch of two reports – CEEW's ‘Developing Resilient Renewable Energy Supply Chains for Global Clean Energy Transition’, and CEEW, International Energy Agency (IEA), Institute of Transportation Studies UC Davis and World Resources Institute India (WRII)’s report ‘Addressing Vulnerabilities in the Supply Chain of Critical Minerals’. It also featured two panel discussions on securing renewable energy supply chains, and strengthening the mineral value chain by increasing production and infusing circularity.

 

 

Panel 1: Securing renewable energy supply chains (L-R: Arunabha Ghosh, CEO, CEEW, Dr V Anbumozhi, Director, Research Strategy and Innovation, ERIA, Mr Bhupinder Singh Bhalla, Secretary, MNRE, Dr Ajay Mathur, Director General, ISA, Dr Brian Motherway, Head, Energy Efficiency Division, IEA, and Dr Pradeep Tharakan, Director, Energy Transition, ADB) 

 

 

 

Panel 2: Strengthening the minerals value chain by increasing production and infusing circularity (L-R: Rishabh Jain, CEEW, RR Mishra, Co-Chair, CII National Committee on Power, and MD, Apraava Energy Ltd, Vivek Bharadwaj, Secretary, Ministry of Mines, Gauri Singh, Deputy Director General, IRENA, Rajarshi Gupta, Managing Director, ONGC Videsh Ltd, Mayank Choudhary, Unit Head for South Asia, Private Sector Operations, ADB.)

 

The closing address was delivered by Dr Veena Kumari D, Joint Secretary, Ministry of Mines, and Mr Dinesh D Jagdale, Joint Secretary, Ministry of New and Renewable Energy, who talked about the way forward, mindful usage of resources, resilient supply chains, and ensuring sufficient technologies to meet renewable energy targets.

 

Speakers included Mr Kenichi Yokoyama, Director General, South Asia Regional Dept, Asian Development Bank (ADB), Dr Brian Motherway, Head, Energy Efficiency Division, International Energy Agency (IEA), Dr Ajay Mathur, Director General, International Solar Alliance (ISA), Mr Rishabh Jain, Senior Programme Lead, CEEW, Ms Gauri Singh, Deputy Director General, IRENA, Mr Rajarshi Gupta, Managing Director, ONGC Videsh Ltd, Mr Rajiv Ranjan Mishra, Co-Chair, CII National Committee on Power, and MD, Apraava Energy Ltd, Mr Mayank Choudhary, Unit Head for South Asia, Private Sector Operations, ADB, Dr V Anbumozhi, Director, Research Strategy and Innovation, Economic Research Institute for ASEAN and East Asia (ERIA), and Dr Pradeep Tharakan, Director, Energy Transition, ADB.

 

Source:(https://pib.gov.in)