Renewable Energy Development in India - A Practitioner's Perspective
India is one of the fastest growing emerging economies in the world. Between 2015 and 2040, it is expected to be the largest contributor to additional global energy consumption. India is also at the forefront of renewable energy development. The Government of India under the Paris Agreement has committed to increase the renewable energy installed capacity from 30GW in 2015 to 175 GW by 2022 (~25%) and it is well on target for achieving that. With its innovative policy design and reverse auction mechanisms, India has also achieved some of the lowest solar energy prices in the world. Mr. Shrimali, a senior bureaucrat from India who currently heads one of the largest state owned electricity generation company in India, will give an overview of the Indian experience of renewable energy development and share key insights on the policies and practices. He will also share his assessment of the solar and battery storage systems and how they can cost-effectively avoid the new thermal investments in India. As India plans to add over 200GW of new thermal power capacity over the next 10-15 years, the implications of this research are immense.
Mr. Bipin Shrimali is currently the Chairman and Managing Director of Maharashtra State Power Generation Company Limited, Mumbai. He previously served as Principal Secretary (Energy), Government of Maharashtra, and Chairman and Managing Director of Maharashtra State Electricity Transmission Co. Ltd. In continuation to his energy sector exposure, he has joined at LBL as an affiliate doing his sabbatical studies in the Solar Storage and Electric Vehicle sectors.
He belongs to the Indian Administrative Service (I.A.S.) of 1992 batch Maharashtra cadre and completed his Mech Eng from Lukhdhirji Engineering College, Morbi, Gujarat, India.
Bipin has also served as Vice Chairman & Managing Director of Maharashtra State Road Development Corporation (MSRDC) from 2010 to 2014; Chief Officer of Mumbai Board, MHADA (Housing Development Authority), 2006 to 2008; and District Magistrate & Collector of District Junagadh, and Municipal Commissioner Junagadh MC Gujarat state (India) 2005-2006; CEO Zilla Parishad, District Beed Maharashtra State, India 1996-1998.