Celebrating India’s independence, enterprise and progress
news

Experts Call for Increase in Pace of Energy Transition at Energy Partnership Forum 2.0 by BRICS Chamber of Commerce and Industry<br>

Jul 17, 2024 · Source: newsvoir
Experts Call for Increase in Pace of Energy Transition at Energy Partnership Forum 2.0 by BRICS Chamber of Commerce and Industry<br>

The BRICS Chamber of Commerce and Industry (BRICS CCI) - Energy Vertical convened the highly anticipated Energy Partnership Forum 2.0, a significant event dedicated to fostering international collaboration and innovation in the energy sector. The forum, attended by esteemed diplomats, industry leaders, and government officials, highlighted the pivotal role of energy cooperation among BRICS nations and their allies.

Eminent Dignitaries at BRICS CCI Energy Partnership Forum 2.0

Diplomatic representatives from BRICS+ nations also participated, offering valuable insights. Mr. Roman Babushkin, Charge d'Affaires, Embassy of Russia in India, Mr. GAO Hongshan, Minister Counsellor, Embassy of China, New Delhi, and H.E. Alberto A. Guani, Ambassador of Uruguay, New Delhi, each delivered compelling speeches on international energy cooperation. The forum extended felicitations to official representatives from BRICS+ embassies and guests of honour, including, Ms. Sofia Salas Monge, CDA, Embassy of the Republic of Costa Rica, and Mr. Said Hijri, Economic Counselor, Embassy of Morocco in India, among others.

According to Shri Ram Nath Thakur, Hon'ble Minister of State, Ministry of Agriculture and Farmers Welfare Government of India, "With the aim of tripling the renewable energy by 2030, the government has introduced a new scheme of providing INR 75 billion to provide subsidies in installation of solar panels. To provide 300 units of free electricity every month to light up one crore households, it also introduced the scheme called Rooftop Solar Yojana or the PM Surya Ghar Muft Bijli Yojana."

Dr. Rana Gurmit Singh Sodhi, Special Invitee National Executive, BJP, and Ex-Cabinet Minister, Punjab, delivered the Guest of Honor address, emphasizing the critical role of energy security in national development. "Energy is the backbone of economic growth and sustainability, and forums like these are essential for shaping future energy policies. To enable transition in hard-to-abate sectors,open trade needs to be encouraged so that zero and low-carbon hydrogen is used more. We also need to increase the pace of the energy transition and provide low-cost financing to fulfil net zero emissions target by 2070," Sodhi added.

Rajesh Verma, Hon'ble Member of Parliament, Lok Sabha shared his insights on the strategic importance of energy partnerships and added, "The collaboration between BRICS nations is vital for achieving energy security and sustainability. This forum provides the perfect platform for discussing innovative solutions and fostering mutual growth."

Ruhail Ranjan, President - Energy Vertical and Treasurer, BRICS CCI, delivered the welcoming remarks, shedding light on the forums objectives. "As we convene for the second time, it is essential to recognize that the journey toward sustainability is not solely about grand initiatives and large-scale projects. While these are undoubtedly important, the cause of sustainability also hinges on the small, everyday efforts made by each and every one of us. Our goal is to create a platform where experts can share insights, strategies, and innovations to drive the energy transition forward," remarked Ranjan.

Sameep Shastri, Vice Chairman, BRICS CCI, commenced the forum with a warm welcome note, emphasizing the importance of unified efforts in addressing global energy challenges. "This forum represents a critical step towards building sustainable energy futures through collaborative partnership. At BRICS CCI, we aim to promote responsible business practices that should go hand in hand with growing trade relations. By advocating for ethical standards and sustainable practices, we ensure that economic growth does not come at the expense of environmental degradation or social inequality," said Shastri.

Dr. BBL Madhukar, Director General of BRICS CCI, provided a special address, highlighting the Chambers ongoing initiatives in the energy sector. "Todays discussions are not merely academic exercises; they are the building blocks of our future energy strategies. We must approach these dialogues with open minds and a willingness to innovate. Our commitment to promoting energy collaboration within BRICS is unwavering, and this forum is a testament to our dedication," Dr. Madhukar said.

Keynote addresses were delivered by distinguished speakers including Sh. R P Gupta, IAS (Retd.), CMD, SECI, Rajat Gupta, Executive Director, NHPC, and Mr. PM Nanda, Executive Vice President, Engineering & Projects, Greenko, who discussed various facets of energy innovation and policy.

The forum also featured insightful panel discussions on topics such as Biofuel Policy, Green Hydrogen Fuel, and Renewable Energy & Energy Storage, which included panellists such as Mr. A K Saxena, Senior Director, Electricity & Renewables Division, TERI, Mr. Pulkit Agarwal, Head of India Content (Cross Commodities Expert), S&P Global Commodity Insights, Mr. Naveen Ahlawat, Head-Green Hydrogen, Gasification and CCSU, Jindal Steel & Power Limited, Mr. Anish Mandal, Partner - Sustainability and Climate, Centre of Excellence, among others.

The event concluded with the felicitation of industry leaders, including Shri Manoj Sardana, Chief Executive Officer, TUSCO, followed by valedictory remarks from Mr. Surya Jeedigunta, Convener, BRICS CCI Energy Vertical, and a vote of thanks by Ms. Ankita Sachdev, Joint Director, BRICS CCI.

The BRICS CCI Energy Partnership Forum 2.0 underscored the commitment of BRICS nations to collaborate on sustainable energy solutions, driving innovation and fostering economic growth.

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

VICTORINOX INDIA WELCOMES ABHAY DEOL AS A FRIEND OF THE BRAND
news
Aug 15, 2026 1 min

VICTORINOX INDIA WELCOMES ABHAY DEOL AS A FRIEND OF THE BRAND

SHARED VALUES. AUTHENTICITY. CHARACTER. MUMBAI, India , Aug. 15, 2026 -- Victorinox India today announced actor Abhay Deol as a Friend of the Brand for its watch portfolio for the coming 18 months . Known for his authenticity, independent spirit and thoughtful approach to life, Deol reflects values that have guided Victorinox for more than 140 years. The association will bring Abhay Deol across Victorinox s watch portfolio, all collections including I.N.O.X., Maverick, Concept One Solar, Air Pro, Dive Pro and Concept One Automatic . Throughout this term, Deol will feature across all media touch touchpoints including digital, outdoor and retail touchpoints, celebrating a shared commitment to character, quality and enduring craftsmanship.

77 DAYS TO GO: 7 WONDERS OF FUTURE CITIES COUNTS DOWN TO START OF VOTING
news
Aug 15, 2026 1 min

77 DAYS TO GO: 7 WONDERS OF FUTURE CITIES COUNTS DOWN TO START OF VOTING

DUBAI, UAE , Aug. 15, 2026 -- 7 Wonders of Future Cities today marks 77 days until global voting begins on www.7wondersfc.com on 31 October 2026. The day, also known as World Cities Day, will be when the public can start choosing amongst the participating cities and developments, to become historically recognised as the leading representatives of the future of urban life. According to Jean-Paul de la Fuente, Chairman of the 7 Wonders of Future Cities campaign, Public participation, global visibility and the status of our recognised brand can transform urban vision into a shared cause, and we are seeing this already with motivating engagement from participating cities and developments from all over the world.

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026
news
Aug 14, 2026 1 min

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026

The world s largest virtual agentic engineering and quality conference returns with a focus on autonomous quality, agentic workflows, and AI-native testing strategies SAN FRANCISCO and NOIDA, India , Aug. 14, 2026 -- TestMu AI (formerly LambdaTest), the world s first Agentic AI-powered Quality Engineering platform, is excited to unveil the 5th edition of its flagship TestMu Conference, taking place virtually from August 19 21, 2026. This year s event is expected to host over 75,000 developers, builders, and quality engineers from more than 120 countries, making it the world s largest virtual conference dedicated to agentic engineering and quality.

Michael Owen Joins ehamarkets as Global Brand Ambassador
news
Aug 14, 2026 1 min

Michael Owen Joins ehamarkets as Global Brand Ambassador

HONG KONG and NEW YORK , Aug. 14, 2026 -- ehamarkets today announced a global brand partnership with England football legend and 2001 Ballon d Or winner Michael Owen, who has joined the brand as its Global Brand Ambassador. Owen said he was drawn to ehamarkets focus on technology, reliability and a simpler trading experience. I m delighted to join ehamarkets as its Global Brand Ambassador. I like the way ehamarkets uses technology to make trading simpler and more efficient. It s exciting to be part of a brand that is building a modern trading experience for people around the world.

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality
news
Aug 14, 2026 1 min

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality

The New York-headquartered global Employer of Record renews its SOC 2 Type II attestation for a full 12-month period, adding to its ISO 27001 and GDPR certifications and its recent A+ platform security rating from Astra Security. NEW YORK , Aug. 14, 2026 -- RemotePeople, a global provider of Employer of Record (EOR), payroll, and recruitment services operating in more than 150 countries, today announced the successful completion of its 2026 SOC 2 Type II audit , covering the Security, Availability, and Confidentiality Trust Service Criteria. The independent examination was performed by INTERCERT CPA LLC in accordance with AICPA SSAE 21 attestation standards and covered a continuous 12-month observation period from May 31, 2025 to May 30, 2026.

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets
news
Aug 14, 2026 1 min

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, is pleased to announce TradFi Perpetual Contracts now offer over 200 curated TradFi-themed listings , marking one of the highest quality coverage of TradFi derivatives exposure available on a crypto-native platform. The lineup now spans equities, ETFs, precious metals, indices, and oil, with coverage extending across premium US, Hong Kong, South Korean and other equities markets.

FERRERO GROUP TO ACQUIRE PURELY ELIZABETH, A LEADING U.S. MODERN WELLNESS BRAND
news
Aug 14, 2026 1 min

FERRERO GROUP TO ACQUIRE PURELY ELIZABETH, A LEADING U.S. MODERN WELLNESS BRAND

LUXEMBOURG and BOULDER, Colo. , Aug. 14, 2026 -- Ferrero Group today announced it has signed an agreement to acquire Purely Elizabeth, the high-growth modern wellness brand and a leading better-for-you food company based in the U.S. The acquisition further enhances Ferrero s relevance at the American breakfast table with Purely Elizabeth joining its portfolio. Following closing, Ferrero intends to support Purely Elizabeth s next phase of growth through continued product innovation, operational capabilities and expanded distribution, helping the brand reach more consumers while preserving its distinct identity and commitment to quality.

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders
news
Aug 14, 2026 1 min

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, announced a major upgrade to its Options Data section, introducing a suite of institutional-grade analytics to provide traders with a clearer view of volatility, positioning, and market structure. The redesigned page integrates institutional-grade analytics with a cleaner, more accessible interface for all users. Options trading has been gaining popularity among digital asset derivatives traders, as they increasingly move beyond simple long or short positions to alternative strategies that account for volatility, time decay, and risk management. Options give traders the right, but not the obligation, to buy or sell an asset at a set price before a set date.