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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

Recommendations :

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.

Moderator:

• 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.

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