Delhi Event report

IFCCI Energy & Utilities Roundtable Meeting with DPIIT

Indo-French Chamber of Commerce and Industry (IFCCI), through its Energy & Utilities Committee, hosted a roundtable meeting with DPIIT.

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On September 23, 2024, the Indo-French Chamber of Commerce and Industry (IFCCI), through its Energy & Utilities Committee, hosted a roundtable meeting with Dr. Kajal, Director at the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. The meeting was held at the DPIIT headquarters in New Delhi and facilitated meaningful dialogue between members of the Indo-French business community and DPIIT representatives.

The session began with a warm welcome and setting of the context by Ms. Payal S Kanwar, Director General, IFCCI, followed by introductions from all participants. The discussions thereafter addressed key challenges faced by the Indo-French energy sector in India, including the need for stable policies, clear roadmaps on taxes and duties, and better cooperation with state governments. Members also raised concerns about delays in bidding processes, payment security mechanisms for long-term power purchase agreements (PPAs), and the importance of proper maintenance for CAPEX-intensive systems.

Dr. Kajal offered valuable insights and assured participants that the matters raised would be escalated to the relevant departments. She also emphasized the department's commitment to creating a favourable investment environment for French companies in India.

The meeting was attended by industry leaders from the Embassy of France, Air Liquide, EDF Renewables India, ENGIE India, Technique Solaire, Citelum, Tractebel Engie, Trilegal etc.

The meeting was well received by attendees.