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GoI Outlines e-Mobility R&D Roadmap for Net Zero in New Report

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Professor Ajay Kumar Sood, Principal Scientific Adviser to the Government of India, has launched the “e-mobility R&D Roadmap for India” report.

The e-mobility R&D roadmap focuses on four key areas namely: Energy storage cells, EV aggregates, Materials and recycling, and Charging and refuelling.

It lays out important research projects that will establish India as a leader in the global value and supply chains within the next five to seven years, paving the way for future independence and self-sufficiency.

The goal of this roadmap is to close significant gaps in the current framework for research and development. Even though many of the projects have not yet been successful internationally, there are some areas where India has not yet started preparations that have already shown notable international accomplishments. The purpose of including these projects is to lay a solid basis for the nation to pursue future innovations in those fields when the right opportunities present themselves, the attendees noted.

Among the attendees were Dr. K. Balasubramanian, Director, Non-Ferrous Materials Technology Development Centre (NFTDC), Hyderabad; Dr. Reji Mathai, Director General, Automotive Research Association of India (ARAI), Pune; and Dr. Parvinder Maini, Scientific Secretary, Office of the Principal Scientific Adviser to the Government of India.

Attendee remarks:

Dr. Preeti Banzal, Adviser, Office of PSA spoke about the Consultative Group on eMobility (CGeM). This is a group of experts from government, academia, and industry, was established by the Office of PSA in August 2022 to create technical roadmaps, studies, and documents to hasten India’s transition from predominately being a fossil fuel-based transportation sector to electric mobility. ARAI prepared the roadmap document with overall guidance from CGeM.

Prof Sood:

  • India wants to attain energy independence by 2047 and a 45% decrease in emission intensity by 2030 in order to reach net-zero commitment by 2070.
  • The automobile industry in India is one of the major contributors to the GDP of the nation and will likely remain so in the future given its rapid growth trajectory.
  • This development should be in line with the nation’s Net-Zero vision and that the automotive industry urgently needs to cultivate a culture of R&D and innovation-driven growth.
  • Wider use of electric vehicles, domestic energy storage system production, and the production of renewable energy to power charging infrastructures are vital.
  • Imports play a major role in the e-mobility value chain at the moment.
  • There is a need to lessen reliance on imports and bolstering domestic R&D capabilities in the automotive industry.

Professor Karthick Athmanathan, PSA Fellow and Practice Professor at IIT Madras:

  • The main goal of the research projects has been determined by specialists in the fields of technology deployment and market leadership.
  • Research projects were prioritized according to their potential influence on attaining national energy independence, their ability to utilize current resources and infrastructure, their market dominance, and their feasibility of implementation within the designated timeframes.

He outlined how the DST White Paper effectively tackled the steps required to escape the present import-dependent predicament and how this roadmap works to prevent a situation akin to this from occurring in the future as technologies advance.


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How can India explore the potential of e-Mobility in Energy Transition?

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At a recent event, the Bureau of Energy Efficiency’s 22nd Foundation Day Celebration discussed the potential of the Indian carbon market for decarbonization as well as the role of e-mobility in energy transition.

Union Power and New & Renewable Energy Minister R. K. Singh praised BEE’s contributions to India’s carbon footprint reduction. He introduced two BEE Standards and Labeling Programs for commercial beverage coolers and packaged boilers. He also unveiled the fifth State Energy Efficiency Index and launched the India EV Digest. 

Abhay Bakre, Director General, BEE, recommended a Model Electric Vehicle Policy to hasten the country’s adoption of EVs. He emphasized the importance of state-specific EV policies in promoting widespread adoption, suggesting collaboration with NITI Aayog for a national model policy. The DG also demanded policy support for manufacturers and financial incentives for EV users. Saurabh Diddi, Director, BEE suggested a structure for offset and compliance mechanisms.

Sudhendhu Jyoti Sinha, Advisor, NITI Aayog highlighted the notable advancements made in the state-by-state adoption of electric vehicles (EVs). He disclosed that 33 of the 36 states have already developed EV policies unique to their states. He underlined that successful state-level implementation is essential to the sustainability and success of EV policies, underscoring the need for cooperative efforts.

Telangana’s Managing Director, N. Janaiah, highlighted the state’s success in promoting e-mobility, highlighting a 15%-16% growth in the EV segment and highlighting government plans for road tax exemptions, charging infrastructure subsidies, and e-mobility valleys.

Dr. Ritu Singh, DGM, Energy Efficiency Services Limited, emphasized the significance of micro-mobility, particularly electric bicycles, and advocated for legislation promoting their use and increased demand.

Ashok Kumar Rajput, Member, Central Electricity Authority, highlighted the importance of electricity in e-mobility and emphasized affordability, policy support, standardization, strategic resource planning, and receptiveness to new technologies like hydrogen.

The panel discussion on using the Indian Carbon Market to accelerate decarbonization and energy transition, chaired by former Indian government minister R.R. Rashmi, discussed ongoing discussions on Article 6.4 of the Paris Agreement.

Panelists spoke about the need to expedite the transition to electric mobility in the transportation sector, focusing on regulatory and policy environments that minimize public costs.

Panelists stressed the need for coordinated efforts, policy support, and strategic planning for a successful transition to electric mobility in India. They also discussed the use of the Indian Carbon Market to accelerate decarbonization, focusing on Article 6.4 of the Paris Agreement.

S. S. Barpanda, Director, Market Operation, Grid Controller of India (GCI), highlighted the carbon market registry’s role in market transparency and its potential to revolutionize climate action. 

The World Bank’s Global Lead for Carbon Markets and Finance, Climate Finance, and Economics, Chandrashekar Sinha, emphasized the importance of a robust compliance market in boosting demand for voluntary carbon credits, praising India’s innovative approach.

Industry representatives from Tata Steel and Vedanta Resources highlighted the importance of the carbon market in decarbonization efforts. PwC’s Rajeev Ralhan emphasized blockchain and IoT for transparency. 


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ICICI Bank’s RE Thrust

Renjini Liza Varghese


One of the leading private banks in India, ICICI Bank recently released its ESG report for the year 2022- 2023. Though a detailed comparison of ICICI’s performance on the ESG metric vis-à-vis its peers will follow soon, I want to highlight the bank’s achievements in the energy and renewable energy segments, in the last one year.

The bank in its ESG report has written about the usage of renewable energy, e-vehicles and green workplace (IBC-certified buildings) along with promoting sustainable living and support to the community through its CSR activities.

ICICI Foundation, the philanthropic arm of the bank, implements environment-supportive projects in the areas of tree plantation, sustainable forests, watershed management, rainwater harvesting and renewable energy.

In fiscal 2023, the renewable energy usage at ICICI Bank was 17.08 million kilowatt/hour. This was 9% of the bank’s total energy consumption, up from 7% in fiscal 2022. “We are continuously enhancing the usage of renewable energy at our premises. We took a major leap in the RE journey with the adoption of green tariff from electricity distribution companies (DISCOMs) in Maharashtra and Telangana,” said the report

A green tariff is a special price offered by a DISCOM which enables large commercial and industrial customers to purchase bundled renewable electricity. The bank regularly conducts energy audits of its premises, implements green practices and invests in advanced technology with an endeavour to lower our carbon footprint, ICICI said in the ESG report.

Renewable Energy Consumption  (In million kWh)

ICICI Bank’s RE Thrust

ICICI Bank’s RE Thrust

 

  • 3.32  On-site solar generation
  • 1.68 Solar energy through open access arrangement
  • 12.08 Renewable energy through green tariff
  • 17.08 total

 

 

 

 

As per the report, “In the year 2023, we extended our rural social development agenda to the remote border villages of the country in partnership with the defence and paramilitary forces. The programmes support villagers through welfare initiatives in education, healthcare, livelihood support, renewable energy, watershed management, sanitation, waste management, and environment…”

Interestingly the report has increased focus on climate action. The authors noted, “Climate change considerations have become important for organisations as they steer their strategies around decarbonisation. The challenges facing us are the evolving regulatory and policy framework, and the need to meet the expectations of a diverse set of stakeholders. The Bank is committed to acting on these aspects and building on the opportunities that will emerge within India’s national goals and commitments. ICICI Bank is aligned with the government’s push in areas like renewable energy, green hydrogen, electric mobility, sustainable buildings and water security.”

The best example is the bank’s initiative enabling 2,000 Schools with solar power with a total capacity of 5 MW, in 2023. This means that ICICI follows and implements the initiatives mentioned in the report. We may see the bank conquering the  ESG parameters with ease beyond just ticking the boxes against regulatory requirements.


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