Page 29 - Apraava Energy Report_01-73

Apraava Sustainability Report 2020-2021 29
Policy and advocacy
Apraava Energy establishes a common and coherent
approach amongst all its corporate functions for policy level
engagement. To responsibly articulate and take up issues
affecting the growth of our business and the power sector at
Figure 2: Apraava Energy is a member of several public bodies
Organisation
Confederation of Indian Industry (CII)
Association of Power Producers (APP)
The Energy and Resources Institute (TERI)
Institute of Management Accountants (IMA)
Wind Independent Power Producers Association (WIPPA)
Indian Wind Power Association (IWPA)
National Solar Energy Federation of India (NSEFI)
Indian Energy Storage Alliance (IESA)
International Solar Alliance (ISA)
Asian Venture Philanthropy Network (AVPN)
The year under review was important for the Indian power
sector given the announcement of proposed legislative
changes in the Electricity Act 2003, opening of new markets,
specifically the Real Time Market (RTM), Green Term Ahead
Market (GTAM) and climate action across the globe,
particularly for preparations related to the United Nations
Climate Change Conference in November 2021.
Apraava Energy played an important role on both the
domestic and global stage, shaping debates on legislative
and regulatory changes within the country as well as on
large, Apraava collaborates with various external industry
bodies and think tanks to actively participate in public policy
development and in shaping regulatory guidelines. Apraava
continues to be at the forefront, contributing proactively
towards policy discourses and interpretation through several
public bodies as showcased in Figure 2.
Level Of Engagement
• Co-chairman - CII National Committee on Power
• Member - CII National Committee on CSR
• Business Excellence Assessment
• Sustainability Award Assessment
• HR Excellence Award Assessment
Chairman
Executive member
Member
Member
Member
Member (Executive Council)
Gold Knowledge Partner membership
Corporate partner
Corporate membership
climate change at the international level. Continuing with
tradition, Apraava Energy chaired certain important policy
and regulatory changes on national and sub-national policies
and institutions to address some of the most pressing issues
of the Indian power sector i.e., improving the financial
condition of distribution utilities and promotion of clean and
green energy in the country. In addition, Apraava remained at
the forefront of key debates including those on climate
institutions, Net Zero Targets, Science-Based Targets, and
energy transitions.