“To recognize inspiring and sustained achievements for renewable energy development and energy efficiency deployment in the country with an aim to have accelerated deployment for clean energy transition to contribute to “Clean Energy Transition for Sustainability and GHG Emission Reduction,” the Indian Chamber of Commerce has come up with the 5th edition of The Green Urja and Energy Efficiency Awards. Deloitte, the Award Evaluator,is one of the leading professional services organizations globally, has made substantial contributions to the energy sector through its expertise, insights, and services. Deloitte provides a wide range of solutions tailored to the needs and challenges faced by organizations operating in the energy industry. Some key areas where Deloitte has made contributions in the energy sector:

• 1. Strategy and Innovation
• 2. Digital Transformation
• 3. Renewable Energy and Sustainability
• 4. Risk Management and Compliance
• 5. Mergers and Acquisitions (M&A)
• 6. Supply Chain and Operations
• 7. Energy Transition and Decarbonization
• 8. Human Capital and Workforce Transformation

Overall, Deloitte’s contributions to the energy sector extend across various domains, assisting companies in addressing challenges, seizing opportunities, and driving innovation in an industry undergoing significant transformation.

The Indian Chamber of Commerce is one of the most pro-active industry associations of the country today, working towards a growth-oriented model for all the key driving sectors of the economy. ICC lays great importance on the sustainable growth of the power sector and recognizes the importance of Renewable Energy in shaping its further.

Renewable Energy is clean energy and is looked upon as major contributor in achieving NDCs towards reaching 68% of non-fossil fuel based energy in overall installed capacity by 2030.

To build a resilient and comprehensive renewable energy ecosystem that can significantly reduce greenhouse gas (GHG) emissions, mitigate climate change impacts, and ensure sustainable, equitable energy access. This approach will encompass the entire renewable energy value chain, including domestic manufacturing, financing, development, deployment and asset management, aiming for rapid and sustainable energy transitions on a global scale.

A few big domestic manufacturers in the energy sector produce solar panels, they need to further scale up their production capabilities, the government however is working on different schemes to encourage new companies to enter into this segment. The Indian solar industry this far, relies heavily on imports of solar cells, modules and solar inverters, to attain cost effectiveness, as the domestic production is more expensive, owing to issues of scale and input cost. This award encourages those, who brave the manufacturing challenges in solar, wind and batteries and form a part of the Atma Nirbhar Bharat. Financing institutions play a major role in assessing the projects’ viability, tenure of returns on investments and assisting energy businesses majorly through infrastructural expansion.

The Award has successfully completed two editions, this year it would delve deeper technologies to support sustainability of the ongoing energy transition.

Various actions are being taken at various levels in the government for policy making, by the industry for creating appropriate eco-system, and growing consumption in the industries and society as a whole. To motivate various stakeholders, public recognition of the leaders assumes significance. It is in this direction that ICC, along with The Energy Efficiency Services Limited (EESL), a JV of PSUs under the Ministry of Power, as the Award Evaluator, is instituting 3 rd GREEN URJA & Energy Efficiency Awards with an overall goal of Energy efficiency opportunities. This effort is envisaged to create role models and awareness about the best practices in the sector.

Administration of the Green Urja Awards

The administration of these awards would be through objective assessment of the applicants based on information/data on their achievements. Based on the market growth patterns of renewable energy in India, various categories are being considered which must continue to be supported to keep pace of growth. These categories broadly represent best performers in the class of overall RE capacity installations by DISCOMs and Independent Power Producers, manufacturing of solar and wind systems/components.

Who can apply

Applications are invited from the distribution companies, Solar and wind manufacturers, Industries like Steel, Mining, Educational Institutions, Airports, Ports, Manufacturing Industries, Hospitals, Automobile Industry, FMCG, FMCD, Banks & NBFCs, Biotechnology, Electrical Equipment Manufacturers, Heavy Earth Mover Companies, Telecom, Oil and Gas Companies, Petroleum and Refinery, Textiles, Retail, IT & ITES, Pharma, Infrastructure Companies etc.