ELECRAMA to be the front runner in mapping the growth of the Power Sector in the country: Piyush Goyal

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Gujarat signs MoU for UDAY, Six MoU for 24X7 power for all signed at ELECRAMA-2016

Bangalore, 13th February, 2016: ELECRAMA – 2016, The World Electricity Forum witnessed the signing of seven MOUs for 24X7 power for all between Union Ministry and state governments of Maharashtra, Punjab, Sikkim, Odisha, Karnataka and Kerala on its inaugural day. Also, Gujarat signed the MoU for UDAY scheme of the Central Government.

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These MoU will help in strengthening the financial health of State Electricity Boards. Shri Piyush Goyal, Minister of State (IC) for Power Coal, New & Renewable Energy, Government of India, inaugurated ELECRAMA 2016 in the presence of the Energy Minister of State of Karnataka, Shri D K Shivakumar, Power Secretary, Shri P K Pujari, Coal Secretary, Shri Anil Swarup, State Power Secretaries, CMDs of Power Utilities, Senior officials of MoP, Shri Babu Babel, President, IEEMA, ELECRAMA 2016, Organising Committee Chairman, Mr. Aaditya R Dhoot, senior bureaucrats and industry leaders.

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Speaking during the inauguration, Shri Piyush Goyal, Minister of State (IC) for Power Coal, New & Renewable Energy, Government of India, shared that large ticket opportunities coming in the immediate future for electrical industry in India. He said, “The industry needs to ramp up its capacities in transformers, switches, LED lights, etc. as a large-scale procurement would be initiated by Central and State governments. He further hinted that, the quality of products needs to world class. The industry needs to be benchmarking itself against the best in terms of qualitative and quantitative aspects. Also, the government has set an objective of providing electricity to all villages without power currently to be electrified within two years. On 15th august, last year, our PM promised to electrify the remaining villages within 1000 days but my officials promised to make this possible within 730 days. The world’s largest project of renewable energy is about to take off in India. All of this is an opportunity for the members of IEEMA.

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He further added “The entire power sector is present at ELECRAMA to support Hon’ble Prime Minister Modi’s vision of providing 24X7 electricity to all and I must say that this dream cannot be fulfilled without the support of all of you. The level of enthusiasm of members, officials and the participants, is truly amazing. I compliment the participants who have come from all over the world. We want ELECRAMA to be the frontrunner in mapping the growth of the industry and also I urge all of you to make quality products and aspire to become best in the world. If India decides to become the best in the world, we have the best class technology and I assure that within 24 months every electrical component of the electrical equipment industry will be made in India.”

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Mr. Babu Babel, President, IEEMA said, “ELECRAMA has evinced huge interest from across the globe. The government and various ministries have accorded their support which emphasizes the prime role that ELECRAMA plays in the electrical industry and reinforces the prominence of IEEMA as an association. We are proud to host the 12th Review Planning and monitoring meeting which is being held at ELECRAMA this time and I am happy to announce that along the sidelines of ELECRAMA seven states are signing MoU for 24X7 Power For All”.

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ELECRAMA 2016, Organising Committee Chairman, Mr. Aaditya R Dhoot added, “With a unique theme this time called ‘World Electricity Forum’ ELECRAMA-2016 is all set to congregate the electrical fraternity under one roof and bequeath implausible platform for the players to promote innovative solutions and cutting edge technology for future. Also for the first time in ELECRAMA with the help of ministry of Power, the Review Planning and Monitoring meeting is held at the venue where the top decision makers from all states and central government interact and discuss key challenges and opportunities in the power sector”.

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The inaugural of ELECRAMA 2016, was attended by more than 700 people comprising of State Ministers, Energy Secretaries, officials from Minister of Power and CEO’s of leading corporates.

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Being held at BIEC, Bengaluru between 13 and 17 February 2016, ELECRAMA has grown to become the largest and most prestigious event in its space in the world. With a robust range of concurrent events happening parallel to the exhibition like the World Utility Summit, Reverse Buyer Seller Meet which saw business of $200mn in last edition, CEO Summit, the world’s largest International T&D Conclave, Network to Networth and Innovation Day. A separate renewable energy pavilion has been set up to showcase and discuss the latest developments in the renewable space.

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