BUSINESS FORUM: ENVIRONMENT AND ENERGY
INDIA-JAPAN COOPERATION ON ENERGY AND ENVIRONMENT How can India and Japan Cooperate on Energy and Environment to Achieve Sustainable Growth?
Panelists: Bhagwan Bhambhani, Founder Member and Convener, India Energy Forum and Former Director, Bharat Heavy Electricals Ltd., India Shigeru Kurasawa, Advisor, Technology and Engineering Operation Division, Chiyoda Corporation, Japan Ram Sharan Mahat, Former Finance Minister, Nepal Hiroshi Nishizaki, Member of the Board of Directors, JFE Steel Corporation, Japan
Girish Sethi, Senior Fellow, Industrial Energy Efficiency Division, The
• The energy and environment issues can’t be overcome by only one
Energy and Resources Institute (TERI), India
country that means it is indispensable to have international alliances and partnerships.
• In order to evolve the mutual co operation related to wide ranging
Hiroshi Watanabe, Executive Director, New Energy and Industrial
areas including technologies, trade and infrastructure between India
Technology Development Organization (NEDO), Japan
and Japan apart from governments of both the countries, a cooperaThe session focussed on how India and Japan can co-operate on energy
tive relationship at the industry level is necessary.
and environment to achieve sustainable growth of the economy by over-
• Japanese energy saving technologies should be transpired over-
coming energy and environmental challanges. Japan has tried to develop
seas to reduce CO2 emission and there exists a lot of potential es-
energy conservation technologies and new energy technology achieving
pecially in the steel industry. The energy saving dimensions should
world leading level and India is showing significant growth. Now the time
cover more than one com pany.
is right for a stronger partnership. Most of the programmes in India are
• An opportunity of win-win situation for all the three countries In-
committed to reduce the carbon emissions to 20-25% by 2020. Indian
dia, Japan and Nepal exists with more private sector investment to
climate change policies are focussed on achieving these reduction tar-
come in to produce energy for the Indian market, with Japanese
gets, with increasing environment consciousness, depleting resources and
capital, with raw materials from Nepal.
mounting pressures from the international community. The GOI is all set to
• Shipping is the only mode of transport through which we can re-
take steps to reduce the carbon intensity of power generating without ham-
duce the global carbon footprints. India is in need of technology
pering the supply growth. This initiative of GOI opens large opportunities
and good proven efficient designs where Japan’s shipbuilding in-
to Japanese agencies to enhance their co-operation with Indian agencies.
dustry can co-operate with the Indian ship yards.