Nirma University holds one-day symposium on National Energy Security

“In India, 30% of the total population do not have access to commercial energy, while 33% even don’t use energy, which is against the principle of equitable distribution of energy. Pricing policy and selling of subsidized fuel are also not proper. Now-a-days sales of diesel vehicles is on the rise despite the fact that they are costly than petrol-driven vehicles. This is because of the tendency of higher class to use cheaper fuel. Therefore we should have a system so that benefits of the subsidy remain limited to target class,” said Shri L. Mansingh, Former Chairperson, Petroleum & Natural Gas Regulatory Board (PNGRB), while delivering the keynote address at the one-day symposium on ‘National Energy Security’ at the Institute of Management, Nirma University (IMNU).

“Energy security is critical if India wants to realize its dreams and aspirations. To ensure energy security, India should take integrated view of the energy scenario in the country and promote use of all kind of energy resources. We should have a vision to find out sustainable & environment-friendly energy resources” Mr Mansigh added.

The symposium was organized  in association with Gujarat Energy Transmission Corporation Limited, Gujarat Power Corporation Ltd, Nuclear Power Corporation of India Ltd and Gujarat Industries Power Company Ltd, today organized a one-day symposium on ‘National Energy Security’. All the speakers who took part in the symposium, agreed that If India wants to maintain its growth momentum and achieve higher growth rate, it must meet its energy demand in a sustainable manner.

Shri Ravindra Agarwal, General Manager, Commercial, GSPL, said, “Share of natural gas in energy mix is nearly 20%. The 2000s was a decade of lost opportunity but now in the current decade we have a opportunity to increase the gas grid network nationwide. Gujarat consumes one third gas consumption of country with just 5% of country population. The state will double its pipeline network in next few year. Gas demand and supplies never meet, demand increase in tandem with the supply. Therefore, we need more LNG terminals and CNG infrastructure.”

Earlier, in his welcome address, Dr. C. Gopalkrishnan, Director, IMNU, said, “India’s GDP is expected to touch the level of $ 85 trillion by 2050. But we can make this happen only if we can ensure energy availability.”

Highlighting the theme of the symposium, Dr. Bindi Mehta, Professor, IMNU, said, “Energy is the prime mover of a nation’s economic growth. With a projected GDP growth of about 8 %, India’s energy consumption is projected to increase exponentially. So energy should be made available in an accessible, affordable and environment-friendly manner.”

Other experts who took part in the discussion, held during various sessions of the symposium, include Shri P. Dasgupta, Former MD & CEO, Petronet LNG; Shri B.S. Negi, Member, Petroleum & Natural Gas Regulatory Board; Dr. R. M. Kale, Director General, ONGC Academy; Shri Ravindra Agarwal, General Manager, Commercial, GSPL; Shri S. Thakur, Executive Director, NPCL; Dr. Omkar Jani, Research Scientist, GERMI; Shri Sanjeev Gupta, CEO, Nexgen Financial Services and Professor Sebastian Morris, Professor, IIM Ahmedabad. The valedictory address was delivered by Shri D. J. Pandian, Principal Secretary, Energy & Petrochemicals Department, Government of Gujarat.

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