Mr. Harry Dhaul Director General, IPPAI at RPR 2012, 23-26 August, Goa, India

1. The Regulators & Policymakers Retreat 2012
The challenges of an inter dependent world
The Grand Hyatt, Goa
Harry Dhaul 23-26 August 2012
Director General, IPPAI

2. Global capital is looking for higher returns
 Investors from Developed countries
look at emerging economies for a
better return on capital – the profit
motive
 Emerging economies require the capital
for investment in core sectors for
sustainable development
Source: OECD, May 2011
Harry Dhaul - Director General, IPPAI

3. Profit versus Sustainable Development
 Can profit be the sole criteria for:
 Sustainability of long term investments in emerging economies
 Sustainable development of the emerging economies
 (Sustainable) Development towards what?
Inclusive profit: not at the
expense of the environment or
some one else’s livelihood
Harry Dhaul - Director General, IPPAI

4. The Market may not provide a level playing field
 The market does not always work in the consumer interest
 global financial meltdown
 2 G issues
In emerging economies, people
without the means cannot participate
in the market.
Harry Dhaul - Director General, IPPAI

5. Weaker sections of society may get left behind
Markets driven by
‘making money at
all costs’ make a
profit by including
the well-off and
excluding the
others.
Source: Sanhati.com
Harry Dhaul - Director General, IPPAI

6. Sustainability versus survival
Creating markets solely for profit at the cost of the poor is not sustainable. It
may lead to:
 Corruption
 Simmering social tensions that erupt in violence
 Collapse of Governance
Flawed Developmental Model:
Attempting to bring more and more people into the market
irrespective of cultural, historical or social values
Harry Dhaul - Director General, IPPAI

7. The growing disconnect
between the haves and
the have-nots can create
societal problems as
symbolised by the
elephant in the market
place
Harry Dhaul - Director General, IPPAI

8. India: Facts & Figures
Current Population:
1.21 billion
Literacy Rate:
74 %
Unemployment Rate:
9.4 %
Internet User Base:
46 %
How do we unshackle the potential of 1.21 billion Indians?
Harry Dhaul - Director General, IPPAI

9. Possible Solutions
 Profits with a social conscience that ensure:
 Inclusive growth
 Protection of the environment
 Effective regulation: striking a balance with
respect to public good vs private profit
 Policies that incentivise private players in sharing a part of their profits to
set up and run:
• Hospitals
• Schools and Vocational Training Centers
• Drinking water and sanitation projects
Harry Dhaul - Director General, IPPAI

10. Social benefits from development of the power sector
 Ensuring sustainable development of the power sector which ensures
cascading benefits in terms of development of:
 Health and education
(internet based education)
 Agriculture
(irrigation, cold storage)
 Industry and a sophisticated
services sector
 Growth in employment opportunities
Harry Dhaul - Director General, IPPAI

11. Themes of the Retreat: Day 1
Turning the Power Sector
Around:
The Role of Government,
Regulators and the Private
Sector
Harry Dhaul - Director General, IPPAI

12. Themes of the Retreat: Day 1
IPPAI Power Awards - IPPAI has instituted a non-
partisan awards program to recognize the contribution
of individuals, organizations, Indian States, SERCs who
have significantly contributed to the development of
the power sector
The CEOs Roundtable - To examine in detail some of
the critical issues that are inflicting the Power Sector in
India. Focus: solutions and the way forward.
Harry Dhaul - Director General, IPPAI

13. Themes of the Retreat: Day 2
Master Class on Energy
Implications of the recent letter from the Ministry of
Power on Operationalisation of Open Access dated 30
Nov 2011
Uncertainty and Volatility of Coal & Gas Prices: Impact
on the Power Sector Source: Garnaut Review, Australia
Issues in Renewable Energy
Harry Dhaul - Director General, IPPAI

14. Themes of the Retreat: Day 2
 Challenges of an inward looking world
 Can we actually integrate the two Indias?
 Have we relegated Parliament to disruption
rather than discourse?
 Is Activism in India a boon or a curse?
 Is Democracy a convenient crutch for
regression?
 In this inter-dependent world, are we
creating a uniform world order for people to live in and behave?
 No full stops in being an Indian
Harry Dhaul - Director General, IPPAI

15. Themes of the Retreat: Day 3
Master Class on Energy
 Competitive bidding in the Power Sector: Is it working or not?
 How to attract fresh investments in the Power Sector:
Perceptions Vs. Reality
 Transnational Trade of Electricity
 Renewable Energy Opportunities in North East
Harry Dhaul - Director General, IPPAI

16. Themes of the Retreat: Day 3
Master Class on Ethical
Business Practices
 Challenges of Doing Business
in India – Corruption, Efficiency
and the way forward for the
Private Sector
 Government’s discomfort in
dealing with the private sector
Harry Dhaul - Director General, IPPAI

17. Themes of the Retreat: Day 3
 Elephant in the Market place
 The Craft of Consumerism
 Are we politicizing our
Natural Resources?
 Does the Media have a
pernicious influence in India
Harry Dhaul - Director General, IPPAI

18. Themes of the Retreat: Day 3
 In an inter-dependent world, are we going
to have a single currency?
 Art & Aesthetics as an integral part of life
and inspiration
Harry Dhaul - Director General, IPPAI

19. Themes of the Retreat: Day 4
 Galvanising fresh investments in Oil & Gas from well
head to burner tip: The Role of the Government,
Regulator, Public Sector & Private Sector
 Can IT revolutionize electricity distribution?
Do smarter grids need more regulatory and policy
support?
 Challenges in the Hydro sector
Why does the West see India as Chaotic? Is it really?
Harry Dhaul - Director General, IPPAI

20. Themes of the Retreat: Day 4
Master Class on Security
 Overview on India’s threats and options
 The problems of inner circle cities:
Ghettos becoming breeding grounds for
terrorists
 Increasing risk to Indian Infrastructure
 Cyber Attacks on Grids
 Need for Training for Emergency
Response
Harry Dhaul - Director General, IPPAI

21. Themes of the Retreat: Day 4
Do we have the perseverance and imagination to innovate?
Harry Dhaul - Director General, IPPAI

22. Let the deliberations begin…
Picture credits:
•IPPAI Archives • Co.cal.md.us
•Munkschool.utoronto.ca •Geojitbnpparibas
•Cartoonstock.com •Sleepreviewmag.com
Harry Dhaul - Director General, IPPAI