Hyderabad, December 13, 2024…..The Federation of Telangana Chambers of Commerce and Industry in support of the Ministry of Micro, Small and Medium Enterprises, Government of India is organising an International Conference on Clean Energy for MSMEs to promote emissions-free growth and efficient industrial system.
It will be a day-long conference and will be held on 14th December at HICC, Hyderabad.
Shri Malli Bhatti Vikramarka Mallu, Hon’ble Deputy Chief Minister and Shri Sandeep Kumar Sultania, IAS, Secretary to Government Energy Department, Government of Telangana will be guests at the inauguration function
Shri D. Krishna Bhaskar, Chairman and MD, Transmission Corporation of Telangana Ltd, Shri Musharraf Faruqui, CMD, Telangana Southern Power Distribution Co. Ltd and Shri RK Rai, Addl Development Commissioner (MSME), )/0 DC-MSME, Govt of India will be special guests.
The objective of the conference is to enable MSMEs to reduce conventional energy consumption, Create awareness of various sources of clean energy and enable MSMEs to adopt the sources, improve efficiency and decarbonize operations, build capacity for sustainable, affordable, and reliable energy solutions, promote awareness of government incentives for renewable energy adoption and financing options and highlight the benefits of cluster-level adoption of clean energy solutions.
India, at the 26th session of the United Nations Framework Convention on Climate Change (COP 26) in November 2021, announced its target to achieve net zero by 2070. In recognition the Para 19 of Article 4 of the Paris Agreement, India’s long-term low-carbon development strategy, has been submitted to the United Nations Framework Convention on Climate Change, and it reaffirms the goal of reaching net zero by 2070. India’s long-term low-carbon development strategy rests on seven key transitions to low-carbon development pathways. The seminar is planned in this light of background.
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of any country’s economy and constitute a major part of the industrial ecosystem. In India, MSMEs employ 110 million workers, contributing 30% to the GDP. However, in the changing environment and standards that are mandated for businesses to sustain and survive in the national and international markets, not only the large industries, but MSMEs too, are playing a critical role in the industrial growth of the nation and employment generation, need to relook and realign their growth strategies with the changing requirements.
In the MSME’s cost structure, which includes, raw material, labour, energy, and logistics costs; energy costs can be significantly controlled through government intervention and the adoption of cheaper and cleaner energy sources. It also fulfills one of the seven key transitions i.e. developing a low-emission industrial system.