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CMIA to focus on renewable energy sources

According to reports, the Chamber of Marathwada Industries and Agriculture (CMIA) will organise ‘Energy Conclave – 2013’ in the city on September 14 to guide minor, small and medium entrepreneurs (MSMEs) in their bid to explore renewable energy sources, to help tackle the impending power crisis.

CMIA secretary Ajeet Muley said that eminent speakers would interact with participants and share their knowledge and views on renewable energy. A panel discussion would be also be organised as a part of the conclave, he said.

The conclave would mainly focus on future trends of energy costs, share experience of few companies on how they have reduced or maintained their energy needs, the technology available in the field, and financial assistance through banks, said Muley.

He said, “Energy is one of the most precious resources sought, particularly by MSMEs. The cost of energy can be a deciding factor for profitability. A lot of work is going on for making energy available from various resources such as electricity, fuels, solar, wind and biomass.”

Petroleum products are touching their highest rates ever, he said, adding that increasing energy costs result in huge burden on production questioning sustainability of the business.

A K Singhal, the national project manager and director, ministry of new and renewable energy (MNRE), will be the chief guest of the conclave and would also inaugurate the ‘Energy Cell’ being initiated by the CMIA.

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