The Forum is perhaps the only Indian Organisation
which represents energy sector as a whole. Established in October 2001, the Forum
has acquired a unique status as a spokesman of total energy sector. Most major
public and private sector organizations in Power, Oil and Gas, Coal and Renewable
Energy have become its members. These include NTPC, NHPC, Power Grid Corporation,
Power Finance Corporation, Tata Power, Reliance Energy, PTC Ltd., Alstom Power
India Ltd, ONGC, Indian Oil, Coal India, Neyveli Lignite Corpn., Vestas RRB, Bhilwara
Group and about 60 well known energy experts.
The
Forum serves as a catalyst for the development of a sustainable and competitive
energy sector in India. India's energy requirements are enormous and the demand
is growing but our resources are limited both in physical and financial terms.
It is a long term imperative that these resources are exploited optimally. India
is attracting significant attention from major overseas project developers, equipment
suppliers and financiers. However, there remain difficult issues to be resolved
before these projects become a reality. The Forum tries to bring, Government institutions,
policy makers, and multi-national agencies in an attempt to identify and resolve
problems, which impede the development of projects in India.
The Forum serves as an independent advocate of the industry promoting practical
solutions to problems affecting project development and finance in India. The
Forum works with companies and Government (Centre and States) to achieve consensus
on such issues as regulatory structures and policies and the role of public organizations.
In addition, the Forum works closely with multilateral and domestic companies
and agencies to ensure that their products and services are responsive to the
needs of the project development in India.