Tag Archives: inency

Ek Titli interviews Vice Chairman and Managing Director of IndiaCo Ventures Limited, Rahul Patwardhan on IndiaCo Energy Efficiency Fund

Indiaco Ventures Limited is India’s only BSE listed private equity player and interestingly has a fund dedicated only to Energy Efficiency. What does this entail, Ek Titli finds out. When and why did you feel the need to have a dedicated fund for Energy Efficiency? Rahul Patwardhan – VC & MD of IndiaCo Ventures Limited We feel that energy efficiency, a critical factor for India’s economic growth and sustenance, requires innovative ideas converging into practice. India’s energy demand has grown rapidly in past decades and is poised to double by 2030. India currently ranks as the world’s eleventh greatest energy producer …

Read More »

Big names attached to InEnCy: A Business Plan Competition in the Energy Efficiency Space

InEnCy, a business plan competition dedicated only to electric energy efficiency sector, is nearing its closing date on 31st March 2011. The competition has been launched with the idea to mentor all entrants and eventually fund the best one. Apart from this, there are huge cash prizes to be won too. The competition has been sponsored by some very big names. The association of these distinguished organizations with InEnCy ensures that every participant will get an exposure to an enriched mentorship process to help them enhance their business plan to the extent that they become ready to be funded. Indiaco …

Read More »

InEnCy Business Plan Competition: Mentors

InEnCy Business Plan Competition is unique since it not only evaluates business plans but also mentors them individually to develop them to an extent that they become commercially viable. For the same, InEnCy has got on board industry experts and those with rich experience in the entrepreneurial practices. Subramonia Sarma, Director, Entrpreneurship Development at Wadhwani Centre for Entrepreneurship Development, Indian School of Business (ISB). With over 25 yrs of experience in assisting hi-tech entrepreneurs, Mr Sarma has even mentored State Bank of India’s Consultancy Cell. He has also served as a member of the Technology Mission on Oil and Oilseeds …

Read More »

InEnCy Sector Focus

The industrial sector in India accounts for upto 36% of electricity consumption in India. That makes industrial sector the biggest consumer of electricity. The energy intensive sectors like cement, textiles, iron, steel, cement and fertilizers are the prime users, consuming upto 70% of this electricity. Around 15-25% of this consumption is avoidable. The second biggest consumers of electric energy are the domestic and the commercial sectors, consuming upto 33% of the total electricity. Daytime lights usage is the biggest contributor to the electricity consumption in buildings. Similarly, in the domestic sector, lighting and fans contribute the maximum to the electricity …

Read More »

Energy Efficiency Business Plan Competiton: InEnCy

It has been estimated that India’s energy requirement will more than double in another 20 years. Is this for real? We are already living in a furnace of an environment where winter, summer and monsoon occur in extremes, losing the balance they should have. For our country, where the thrust of all economic activities is to achieve rapid growth, the CO2 emissions are bound to be high. So is the battle already lost? Not really. Well, there isn’t any U-turn, but the way ahead need not be like the path taken so far. It’s surprising how energy efficiency can be …

Read More »