Director – Renewables & Electric Mobility at EY
As part of the Power and Utilities team at EY, Mr. Kanv Garg is assisting Government of India in electric mobility deployment and policy formulation. He has co-authored EY India’s and EY Global’s Points of View on Electric Mobility adoption, impact on power sector, batteries and criticality of minerals.
He has conducted various workshops with the World Bank, utilities, Oil and Gas majors and infrastructure companies on upcoming urban mobility opportunities.
Kanv is a part of the E-Mobility Knowledge Network at World Energy Council (WEC) and member of the Remobility group at World Business Council for Sustainable Development (WBCSD)
Kanv has led solar investment assignments with the World Bank and other DFIs & PSUs. Projects included developing market assessments, business plans, manuals, disruption, innovative financing, and capacity building in the field of clean energy. He is holding key private and public sector relationships.
As the Renewable Energy Specialist at the World Bank, he played key role in diversifying clean energy financing for the World Bank program in India; worked with Ministry of New and Renewable Energy (MNRE) to originate solar power projects of over $500M in 2 years.
Kanv prepared and operationalized $43M risk-sharing fund to catalyze $200M investments towards Energy Efficiency financing in India.
He was part of the World Bank-financed world’s largest solar Ultra Mega Power Plant ($400M; 750 MW) and led 3 cross-sectoral decentralized energy access projects ($14M; 8MW) for propagating green development and delivery of education, health, and rural water supply services
Kanv co-authored flagship publication on recommending financing and technology options to Prime Minister’s Office and Ministry of Power for attracting $13B investments to add 9 GW grid-connected solar power.
He recommended strategy to MNRE and Ministry of Heavy Industries for leveraging domestic supply chain to develop 6 GW CSP capacity and achieve 15-30% cost reduction in India.
The regulatory flip flop around India’s electric vehicle plans reflects the underlying stress of what is a potential game changer for the auto industry and also a huge disruptive threat; for now, where is the roadmap? In a price sensitive market like India, how will commercial viability of EV improve in the future? What about […]