ieema signs mou with saeec at · ieema signs mou with saeec at "i am happy that a special...

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34 SpecialFeature June 2016 I EEMA participated in the 16th annual African Utility Week, IEEMA delegation was led by Mr Sanjeev Sardana Vice President, IEEMA and Chairman Yamuna Power and Mr Anil Saboo Chairman, International Division. The members companies who participated as exhibitors under the auspices of IEEMA were C& S Electric, MEHRU, Technical Associates, Deccan Enterprises, Genus Electricals and Anvil International. The three day exhibition began with the inaugural of the IEEMA Pavilion on 17th May, by Mr Puneet R Kundal, Consul General of India in Cape Town. Mr Kundal addressed the participants and expressed his happiness while he met and interacted with the members of the delegation and visited their stalls. He said that more members should and participate in such events so that the strength of Indian power sector is visible to the world. On 17th May under the patronage of Indian Consulate in Cape Town, IEEMA along with SAAEC organized an interactive session ‘Electrifying Africa’ which was followed by networking over Wine & Cheese. Special invites to the session were Mr Puneet R Kundal, Consul General of India in Cape Town along with Mr Kandeh K Yumkella UN Under Secretary General and Former representative of the Secretary General and CEO Sustainable Energy for All with Ms Nthabiseng Dube, Chairperson of SAAEC & Govt. Relations, Director of ABB. At the session Mr Anil Saboo introduced IEEMA as the Association of Indian Electrical Equipment manufactures. Mr Sardana spoke about ‘India - Africa the way forward’ connecting both the Countries for a win win situation. He talked about the focus areas on reinforcing the key pillars of India-Africa partnership as the vision of our Prime Minister is focused on Infrastructure development and financing the energy and power sector , new initiatives for capacity building, skills development and entrepreneurship in Africa, and deeper cooperation in areas of power sector. Mr Kundal talked about the initiatives taken by the Government of India especially 'Make in India' and informed all potential investors and decision makers to look at India as a secure, stable and reliable partner for their investments. India is one of the world's fastest-growing economies and is the world's third biggest economy in terms of purchasing power parity (PPP). He said that India stands as a bright spot among the global economies registering 7.2 per cent growth in 2014-15 and 7.6 IEEMA signs MoU with SAEEC at "I am happy that a special session titled 'Energising Africa' was organised by the IEEMA in association with Consulate General of India Capetown attended by more than 100 invitees. I could use the event to draw the attention of the guests to the initiatives taken by the Government of India especially 'Make in India' and could inform all potential investors and decision makers to look at India as a secure, stable and reliable partner for their investments. The signing of the MoU between the IEEMA and SAEEC marks an important step towards activating the potential of co-operation that exists between India and Africa. I hope IEEMA would be able to bring a larger delegation for the Africa Utility week 2017!" Mr Puneet R Kundal, Consul General of India in Cape Town.

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Page 1: IEEMA signs MoU with SAEEC at · IEEMA signs MoU with SAEEC at "I am happy that a special session titled 'Energising Africa' was organised by the IEEMA in association with Consulate

34

SpecialFeature

June 2016

IEEMA participated in the 16th annual African Utility Week,

IEEMA delegation was led by Mr Sanjeev Sardana Vice President, IEEMA and Chairman Yamuna Power and Mr Anil Saboo Chairman, International Division. The members companies who participated as exhibitors under the auspices of IEEMA were C& S Electric, MEHRU, Technical Associates, Deccan Enterprises, Genus Electricals and Anvil International.

The three day exhibition began with the inaugural of the IEEMA Pavilion on 17th May, by Mr Puneet R Kundal, Consul General of India in Cape Town. Mr Kundal addressed the participants and expressed his happiness while he met and interacted with the members of the delegation and visited their stalls. He said that more members should and participate in such events so that the strength of Indian power sector is visible to the world.

On 17th May under the patronage of Indian Consulate in Cape Town, IEEMA along with SAAEC organized an interactive session ‘Electrifying Africa’ which was followed by networking over Wine & Cheese. Special invites to the session were Mr Puneet R Kundal, Consul General of India in Cape Town along with Mr Kandeh K Yumkella UN Under

Secretary General and Former representative of the Secretary General and CEO Sustainable Energy for All with Ms Nthabiseng Dube, Chairperson of SAAEC & Govt. Relations, Director of ABB.

At the session Mr Anil Saboo introduced IEEMA as the Association of Indian Electrical Equipment manufactures. Mr Sardana spoke about ‘India - Africa the way forward’ connecting both the Countries for a win win situation. He talked about the focus areas on reinforcing the key pillars of India-Africa partnership as the vision of our Prime Minister is focused on Infrastructure development and financing the energy and power sector , new initiatives for capacity building, skills development and entrepreneurship in Africa, and deeper cooperation in areas of power sector.

Mr Kundal talked about the initiatives taken by the Government of India especially 'Make in India' and informed all potential investors and decision makers to look at India as a secure, stable and reliable partner for their investments. India is one of the world's fastest-growing economies and is the world's third biggest economy in terms of purchasing power parity (PPP). He said that India stands as a bright spot among the global economies registering 7.2 per cent growth in 2014-15 and 7.6

IEEMA signs MoU with SAEEC at

"I am happy that a special session titled 'Energising Africa' was organised by the IEEMA in association with Consulate General of India Capetown attended by more than 100 invitees. I could use the event to draw the attention of the guests to the initiatives taken by the Government of India especially 'Make in India' and could inform all potential investors and decision makers to look at India as a secure, stable and reliable partner for their investments. The signing of the MoU between the IEEMA and SAEEC marks an important step towards activating the potential of co-operation that exists between India and Africa. I hope IEEMA would be able to bring a larger delegation for the Africa Utility week 2017!" Mr Puneet R Kundal, Consul General of India in Cape Town.

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SpecialFeature

June 2016

per cent in 2015-16, thus becoming the fastest growing major economy in the world. Internationally, the World Economic Prospects 2016 Report by United Nations pointed out that India is expected to be the fastest growing large economy in 2016-17. The I n t e r n a t i o n a l Monetary Fund (IMF) has retained India's growth projections at 7.5 per cent for 2016-17 and 2017-18 each, even as it cut its forecast for the global economy by two percentage points for 2016 and 2017 calendar years on depressed oil and commodity prices. Today the Indian economy is over $ 2 Trillion and is a strong, stable and diversified economy with a large industrial base. The composition of the economy is Services: 64%,Industry: 19%, Agriculture: 17% with forex reserves of over US$ 350 billion. He emphasised that under the auspices of IEEMA is a fine selection of Indian companies who represented the global face of the country. He said that these are companies who have ventured out of India and established worldwide presence including in a large number of countries in Africa. He again strongly encouraged that all investors, potential business partners and decision makers to look at India as a secure, stable and

reliable partner for their ventures.

Mr Yumkella and Ms Nthabiseng Dube also spoke on working collaborations that both the Countries can look up in the areas of development and mutual cooperation

Talking about his experience at the AUW Mr Vikas Jalan, Jt. Managing Director, Deccan Enterprises Limited, he says, “Today India power and T&D sector is one of the fastest growing in the world and is also at the forefront of the latest technologies right up to UHV 1200kV. Having achieved market leadership in Composite Insulators for Transmission and Distribution up to 765kV in India, we are now looking at expanding our export market. Africa, the market of the millennium has been gaining immense attention from global manufacturers and exporters in the area of transmission & distribution, renewable energy etc. African Utility Week 2016 is becoming one of the most important exhibitions in Africa with visitors from many African countries. Participating as Exhibitor in this Exhibition. Our main motive was to create awareness about the capabilities of the India industry in terms of technology that is most suited to similar working environments and conditions in Africa, world class quality and competitive prices.“

and benefits. They both e m p h a s i z e d that South Africa is the 2nd largest economy on the African continent with a GDP of US$ 350 billion. It is a diversified economy with a similar makeup as the Indian e c o n o m y . S e r v i c e s (63 %) and commodit ies,

with industrial activity comprising 29% of GDP. SA is likely to grow below 1.5% this year. However going beyond economic growth, what makes SA a strategic destination for Indian companies is its potential to act as a platform for engagement with Africa at large.

The Conferences held during AUW 2016 focussed on various aspects of Power, Energy Efficiency, Water where topics covered were identification of ideal base load mix for Africa, Gas to Power opportunities in Africa in areas of Generation, Metering and Revenue Cycle Management, Efficiency and Renewable Technologies, Water. Mr Sanjeev Sardana and Mr Anil Saboo spoke on the Transmission and Distribution of Power. Mr Sardana spoke on Regional T& D projects and infrastructure gaps in Africa covering the Economics of Regional Transmission Corridors. Mr Sardana

Signing of MoU between IEEMA and SAEEC: Mr Sanjeev Sardana, Vice President, IEEMA and Ms Nthabiseng Dube Chairperson of SAAEC & Govt. Relations

Mr Sanjeev Sardana welcoming Ms. Nthabiseng Dube, (Chairperson of SAAEC & Govt. Relations, Director of ABB, and Ms. Chiboni Evas, CEO of SAEEC at the IEEMA Pavillion

“The AUW proved the strength of Indian electrical industry and Ieema by participation collectively under Ieema Indian Pavilion as well as by presentation of papers in the Conference. The AUW show opened the gate for Ieema members for collaboration & cooperation with South Africa including other AFRICAN countries By MOU with SAEEC , our members shall be able to explore business opportunities in South Africa & African countries,” Mr Anil Saboo, Chairman, IEEMA International Business Division.

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June 2016

spoke about the Africa energy challenges , Sub-Saharan Africa- current realities, Increasing Access to electricity, Africa and its regional transmission corridors, giving an insight into India Power sector , its landmark initiatives and successful case studies undertaken in Africa by Indian manufactures.

Mr Anil Saboo spoke on accelerating renewable grid connectivity and improving resilience. He emphasized on Africa’s Renewable Energy Prospects giving inputs on Africa; possible solution and how Micro Grids are Economical & Viable. India and Africa partnership viability for future prospects.

The overall highlight of this delegation was the Memorandum of Understanding which was signed on 19th May between SAAEC and IEEMA. The MoU was signed by Mr Sanjeev Sardana, Vice President, IEEMA and Ms Nthabiseng Dube Chairperson of SAAEC & Govt. Relations; Director of ABB. Mr Puneet R Kundal Consul General of India in Cape Town graced this occasion by being present at the MoU signing. IEEMA and

SAEEC believe that the signing of this Memorandum of Understanding allowed for the two organizations to maintain and further mutual co-operation and understanding between the parties, through their members, to identify business opportunities in South Africa and to assist promoting collaboration including the transfer of skills and technology between Indian and South African companies.

In addition to fostering partnership agreements between member

companies other areas of collaboration will include:

hh Skills and knowledge transfer between IEEMA and SAEEC members.hh Facilitation of technology transfer agreements between IEEMA and SAEEC members. hh Identifying and partnering in investment opportunities and sharing market intelligence for mutual benefit in both India and Africa.

Thus AUW 2016 acted as a platform to take the India Africa bilateral relations to the next level of mutual cooperation. ▪

"I must compliment IEEMA for its initiative/efforts put in together for AUW show. I personally feel that such initiatives in future by our association shall certainly help our industry get more visibility globally. Signing of MoU for joint cooperation technical export would certainly help further enhancement of Bilateral trade especially in Electrical engineering sector between the two continents. Once again thank exhibitors who came forward to display their products and technology."

Mr Sanjeev Sardana, Vice President, IEEMA

hich was followed by networking over

Mr Anil Saboo, Chairman, IEEMA International Business Division making a presentation on Accelerating renewable grid connectivity and improving resilience at AUW 2016

IEEMA Delegation at IEEMA Pavilion in AUW 2016