Nortech Trinity India

Private Limited
Opportunities in Environment
& Green Technology Sector

GREEN TECH
 INDIAN GREENTECH INDUSTRY

Opportunities in Indian Environment / Green Technology

Environment / Green Technology

India’s environmental challenges are diverse and wide-ranging, requiring quick solutions to:

• Prevent further degradation of the environment

• Employ technologies to reduce use of natural resources, reduce emission

and waste, While the ‘Make in India’ campaign and the ‘Smart Cities’ project gains momentum, the country
also focuses on how to develop India in an environmentally sensitive way. As a result of the government’s
push on the environment sector and the recent discussion in climate summit in Paris, India is ready for
clean technologies from developed nations.
Around 20 cities have been selected by the Government of India for phase 1 of the smart cities project.
This calls for sustainable solutions for the cities’ management of waste, water, power generation &
consumption, green housing and transportation.
Various other challenges from rising municipal waste to water scarcity and carbon emissions in the country
urgently demand a change from obsolete mechanisms to advanced technologies. It is our endeavour at
Nortech Trinity India Private Limited to contribute to this green shift of the nation and aid companies in India
to take advantage of this sunrise sector.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector
 Opportunities in Renewable Energy

INTRODUCTION

The Indian renewable energy sector is the second most attractive renewable energy market in the world.1
The country ranks fourth in the world in terms of total installed wind power capacity .2 It added record
11.0 GW in wind and solar power capacity in 2016-17. The focus of Government of India has shifted to
clean energy after it ratified the Paris Agreement. With the increased support of government and
improved economics, the sector has become attractive from investors perspective and India ranked
second in Renewable Energy Attractive Index 2017. As India looks to meet its energy demand on its own,
which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role.

MARKET SIZE

Total installed renewable energy capacity in India touched 57.5 GW as of April 2017, which is around
17.5 per cent of total energy capacity of the country (329.4 GW).

During April 2017, total installed wind power capacity in the renewables mix stood at 32.3 GW (56.2 per
cent), while solar power capacity was 12.5 GW (21.8 per cent). Total solar capacity is expected to touch
18.7 Gigawatt (GW) by the end of 2017, which is about 5 per cent of global solar capacity, and further
increase to 8 per cent by 2035.

With a potential capacity of 363 gigawatts (GW) and with policies focused on the renewable energy
sector, Northern India is expected to become the hub for renewable energy in India.3

INVESTMENTS/ DEVELOPMENTS

According to data released by the Department of Industrial Policy and Promotion (DIPP), FDI inflows in the
Indian non-conventional energy sector between April 2000 and March 2017 stood at US$ 5.2 billion.

The Central Electricity Authority (CEA) expects investment in India's power transmission sector to reach Rs
2.6 trillion (US$ 40.3 billion) during the 13th plan (2017-22), and to enhance the transmission capacity of
the inter-regional links by 45,700 megawatt (MW).

Some major investments and developments in the Indian renewable energy sector are as follows:

• The Cabinet Committee on Economic Affairs, Government of India, has approved the issue of 139
million fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs 10
(US$ 0.15) each through an Initial Public Offer.
• Tata Capital Ltd and International Finance Corporation (IFC) have invested Rs 200 crore (US$ 31.0
million) in their joint venture (JV), Tata Cleantech Capital Ltd (TCCL), to increase its loan book for
investing in renewable energy projects.
• The Asian Development Bank (ADB) and the Punjab National Bank (PNB) have signed a financing
loan worth US$ 100 million, which will be used to support solar rooftop projects on commercial and
industrial buildings across India.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector
 • India’s first ever multi-modal electric vehicle project has been launched at Nagpur, which will bring
together a fleet of 200 electric vehicles including taxis, buses, e-rickshaw and auto rickshaws, on
cab aggregator Ola’s app platform in Nagpur.
• Private equity (PE) investment firm, Actis LLP, is planning to invest about US$ 500 million in
Solenergi Power Pvt Ltd, its second renewable energy platform in India.
• Larsen & Toubro (L&T) Construction bagged an order worth Rs 5,250 crore (US$ 814.6 million)
from Qatar General Electricity and Water Corporation (Kahramaa) for electricity transmission and
expansion of network.
• The Government of India and the Asian Development Bank (ADB) have signed a loan agreement
for US$ 175 million to be provided to Power Grid Corporation of India Limited (PGCIL) for
construction of interstate transmission systems for solar power projects which will enable the
transfer of surplus solar energy to power-deficit states.
• The Government of India and the Government of UK plan to jointly invest up to GBP 240 million
(US$ 298.95 million) in an India-UK fund, which will invest in India's energy and renewables sector.
• Greenko Energy Holdings has raised US$ 155 million from its existing investors, Abu Dhabi
Investment Authority (ADIA) and Singapore’s sovereign wealth fund GIC, which will be utilised for
expanding its clean energy portfolio to 3 gigawatts (GW) from 2 GW at present.
• Renewable energy company ReNew Power has announced securing US$ 390 million debt funding
from its existing investor Asian Development Bank (ADB), and will use the funds to develop and
expand capacities of 709 megawatt (MW) across various states of India.
• International Finance Corporation (IFC), along with IFC Global Infrastructure Fund, the private
equity fund of IFC Asset Management Company, has announced investment of US$ 125 million
equity in Hero Future Energies, which will help the firm set up 1 gigawatt (GW) of greenfield solar
and wind power plants.

GOVERNMENT INITIATIVES

Some initiatives by the Government of India to boost the Indian renewable energy sector are as follows:

• The Government of India has announced plans to implement a US$ 238 million National Mission
on advanced ultra-supercritical technologies for cleaner coal utilisation.
• The Ministry of New and Renewable Energy (MNRE) has decided to provide custom and excise
duty benefits to the solar rooftop sector, which in turn will lower the cost of setting up as well as
generate power, thus boosting growth.
• The Indian Railways is taking increased efforts through sustained energy efficient measures and
maximum use of clean fuel to cut down emission level by 33 per cent by 2030.
• The Union Cabinet has approved raising of bonds worth Rs 2,360 crore (US$ 366.2 million) by the
Indian Renewable Energy Development Agency (IREDA), which will be used in various renewable
energy projects in FY 2017-18.
• The Union Cabinet has approved construction of 10 units of indigenous Pressurized Heavy Water
Reactors (PHWR), with a nuclear capacity of 700 MW each, which is expected to bring substantial
economies of scale and maximise cost and time efficiencies, and thereby boost India’s nuclear
industry.
• Prime Minister of India, Mr Narendra Modi, has proposed building model cities where power
demand is met only by solar energy and further stated that bio-ethanol refinery projects should be
accelerated to control India's dependency on fossil fuels.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector
 • Mr Ashvini Kumar, Managing Director, Solar Energy Corporation of India (SECI), outlined
Government of India's plan to tender 750 MW of solar capacity, along with offering deals covering
four GW of wind capacity during FY 2017-18.

ROAD AHEAD

The Government of India is committed to increased use of clean energy sources and is already undertaking
various large-scale sustainable power projects and promoting green energy heavily. In addition, renewable
energy has the potential to create many employment opportunities at all levels, especially in rural areas.
The Ministry of New and Renewable Energy (MNRE) has set an ambitious target to set up renewable
energy capacities to the tune of 175 GW by 2022 of which about 100 GW is planned for solar, 60 for wind
and other for hydro, bio among other.

Opportunities in Science & Technology

INTRODUCTION

India ranks third among the most attractive investment destinations for technology transactions in the world.
$Modern India has had a strong focus on science and technology, realising that it is a key element of
economic growth. India is among the topmost countries in the world in the field of scientific research,
positioned as one of the top five nations in the field of space exploration. The country has regularly
undertaken space missions, including missions to the moon and the famed Polar Satellite Launch Vehicle
(PSLV).

Currently@, 27 satellites including 11 that facilitate the communication network to the country are
operational, establishing India’s progress in the space technology domain. India is likely to take a leading
role in launching satellites for the SAARC nations, generating revenue by offering its space facilities for use
to other countries.

MARKET SIZE

India ranks second in terms of contribution to high-quality scientific research. It is among the world’s top 10
nations in the number of scientific publications. Position-wise, it is ranked 17th in the number of citations
received and 34th in the number of citations per paper across the field of science and technology (among
nations publishing 50,000 or more papers). The country is ranked ninth globally in the number of scientific
publications and 12th in the number of patents filed.

India has been ranked as the top exporter of information and communication technology (ICT) services and
second in innovation quality in 2017#. The country has moved up six places to 60th position in the Global
Innovation Index (GII).

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector
India’s Engineering R&D (ER&D) Globalization and Services market reached US$ 22.3 billion in 2016 and
is set to rise to US$ 38 billion by 2020.* India has a total of 25 innovation centres in the country and has
been ranked as the top innovation destination in Asia and second in the world for new innovation centres,
according to a Capgemini report. The country accounts for 27 per cent of Asia’s new innovation centres.

India's analytics industry is expected to touch US$ 16 billion by 2025 from the current US$ 2 billion, as per
the National Association of Software and Services Companies (Nasscom).

DEVELOPMENTS/INVESTMENTS:

With support from the government, considerable investment and development has incurred in different
sectors such as agriculture, healthcare, space research, and nuclear power through scientific research. For
instance, India is gradually becoming self-reliant in nuclear technology. Recently, the Kudankulam Nuclear
Power Project Unit-1 (KKNPP 1) with 1,000 MW capacity was commissioned, while the Kudankulam
Nuclear Power Project Unit-2 (KKNPP-2) with 1,000 MW capacity is under commissioning.

RECENT DEVELOPMENTS

Some of the recent developments in the field of science and technology in India are as follows:

• Mahindra and Mahindra Ltd launched its first-ever driverless tractor on developed at the Mahindra
Research Valley hub in Chennai, which can be operated remotely via a tablet. The tractor is
expected to be available commercially from early 2018.
• Indian Space Research Organisation (ISRO) has 21 rocket launches in the pipeline, along with
testing of its heaviest rocket called the Geosynchronous satellite launch vehicle (GSLV) MK-III.
• India's space business to witness tremendous growth in the next five years, on the back of
technology advancement, global space business opportunity and a sharp rise in Indian Space
Research Organisation’s (ISRO) satellite launch capability.
• ISRO's lunar dust mining plan focuses on generating and transporting energy to the Earth from
Helium-3 rich lunar dust from the Moon, as part of its 2030 goal of meeting India's energy needs.
• The Indian Space Research Organisation (ISRO) plans to launch 2 satellites in March and April
2017, which includes the satellite meant for the benefit of the South Asian Association for Regional
Cooperation (SAARC) nations. ISRO also targets launch of second lunar mission Chandrayaan-2
in first quarter of 2018.
• ISRO has launched a record high of 104 satellites in one go on a single rocket from Satish Dhawan
Space Centre in Sriharikota, Andhra Pradesh.

INVESTMENT SCENARIO

• GSF India and Japanese start-up incubator Mistletoe are collaborating for a new accelerator
programme named 'Gastrotope' with the aim of building an ecosystem for Indian start-ups working
in the areas of food-tech and agri-tech.
• The state of Karnataka aims to become the electric vehicle (EV) capital of India with investments
worth Rs 31,000 crore (US$ 4.76 billion) from companies focusing on research and development
(R&D) and manufacturing of EVs in the state.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector
 • India has successfully launched the GSAT-17 satellite, which carries communication payloads in
C-band, Extended C-band and S-band to provide various services to the country.
• Mahindra and Mahindra Ltd is planning to invest in high-end electric powertrain technology in a
move towards the future of mobility as well as for the electrification of its existing and future line-up
of products.
• Intel India plans to invest Rs 1,100 crore (US$ 170.59 million) to expand its research and
development centre in Bengaluru, which would be the largest such centre outside the US.

GOVERNMENT INITIATIVES

• A five year technology fund with US$ 4 million yearly investment, called Israel India Innovation
Initiative Fund (I4F), has been launched by India and Israel to boost bilateral ties.
• Mr Nitin Gadkari, Minister for Road Transport, Highways and Shipping, Government of India, is
planning to introduce biofuel vehicles for road and water transportation on a large scale and has
already directed Niti Aayog to conduct a research on methanol-powered vessels like cars and ships
developed by China.
• The Department of Science and Technology (DST), Government of India has launched a scheme
named 'Visiting Advanced Joint Research Faculty' (VAJRA), in a bid to bring together the Indian
scientists abroad and India-based researchers for conducting joint researches in India.
• The Government of India aims to develop India into a global innovation hub by 2020 on the back
of effective government measures taken to provide an enabling environment for growing research
and development in India, says Mr Y. S. Chowdary, Minister of State for Science and Technology
& Earth Sciences, Government of India.

THE ROAD AHEAD

India is aggressively working towards establishing itself as a leader in industrialisation and technological
development. Significant developments in the nuclear energy sector are likely as India looks to expand its
nuclear capacity. Moreover, nanotechnology is expected to transform the Indian pharmaceutical industry.
The agriculture sector is also likely to undergo a major revamp, with the government investing heavily for
the technology-driven Green Revolution. Government of India, through the Science, Technology and
Innovation (STI) Policy-2013, among other things, aspires to position India among the world’s top five
scientific powers.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector
Nortech Trinity has a well-connected supply chain connectivity and process in the field of
commodity trading with a focus on Metals & Minerals, Energy Products, Chemicals. Pharma and Food
Industry.

Our diversified operations comprise around 50 mining and metallurgical, oil production, mud
chemicals and agricultural assets. Nortech Trinity has a well-recognized industrial and marketing
activities with a well-supported global network to serve our clients at best.

We trade in and distribute physical commodities sourced from third party producers as well as our
own production. We also provide, processing, storage, logistics and other services to commodity
producers and consumers.

Nortech Trinity India Private Limited intend to achieve growth objectives by adopting the
following strategies:

1. Maintain performance and competitiveness of existing business to capitalize on huge

investments expected to be made in infrastructure development, especially in segments
where Nortech Trinity India Private Private Limited presently operates.
2. Focus on BOT based projects in the infrastructure sector.
3. Focus on projects involving higher degree of engineering skills.
4. Leverage our business growth by identifying and forming strategic joint venture
relationships for mutual benefit through sharing of resources and business skills for entering
into other fields of business.

Contact Persons : Mr. Ashutosh K. Gupta - +91 9910513444, +91 9971466668

NORTECH TRINITY INDIA PRIVATE LIMITED

4th Floor, Statesman House, Barakhambha Road, Connaught Place, New Delhi- 110001, INDIA
E-mail – info@nortechtrinity.com & nortechtrinity@outlook.com
Web – www.nortechtrinity.com

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Environment & Green Technology
Sector