CETFI partnered with the Green Hydrogen Organisation and DSK Legal, to organise a roundtable on climate finance in Mumbai.
Given India’s ambition of 500 GW of renewable energy and 5 MMT p.a. of Green Hydrogen production, India needs to see significant credit growth to its utility companies and project developers.
This requires an estimate of USD 600-700bn capital investment until 2030. The developers remain bullish in India’s capacity to both attract and absorb such volumes, but can financial system churn and deploy capital faster, remains to be seen.
The CETFI and Green Hydrogen Organisation organised this roundtable
discussion with senior industry leaders to discuss and debate structures and strategies to finance green hydrogen and energy transition projects.
Key agenda points discussed were:
Market making structures and institutions.
Listed YieldCo structures with active Fx management can unlock large amounts of capital from the global markets.
Blended finance has to become a norm.
First of a Kind (FOAK) – a new venture asset class.
Models to initiate global energy supply from India.
The session was moderated by Sanmit Ahuja, Founding Director of CETFI and MD, Bharatia.
Eminent presenters included:
Mr. Jitendra Kumar Paty, GM and Head Contracts & Risk Management, L&T - Green Business.
Mr. Vishwajit Dahanukar, Director, Envex
Mr. Sameer Godbole, Head - Long Term Finance & International Project Finance, Larsen & Toubro.
Mr. Deepak Agrawala, Senior Executive Vice President, Avaada.
Mr. Anjan Dasgupta, Partner, DSK Legal.
The Chief Guest of the session was Mr. Praveen Pardeshi, CEO, Maharashtra Institute of Transformation (MITRA),
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