house journal of university of petroleum & energy studies

May, 2010

India’s asset is India’s asset is our prideour pride

Anmol Singh Jaggi awarded India’s hottest youngEntrepreneur by Business World (March 2010)

May, 2010

in this issue

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UPES - The Incubation Centre .............................. 1-3

"Economic Recovery and the way ahead"- Industry Academia view point ........................... 4-7

CMD, HPCL hails UPES progress........................... 7

Auto Expo 2010 .................................................... 8

Espacio-Dias 2010: A journey through time and space ........................ 9

Financing Power Projects in India - A Paradigm shift ............................................. 10-13

Students of B.Tech (ADE) exposed to Robotics..... 13

Energy Cup 2010 ................................................. 14

Intramural Volley Ball Tournament ....................... 14

CMD, GAIL India Ltd. honours UPES- Endows Mahatma Gandhi's statue ..................... 15

They work hard and party harder .......................... 16

Project 'Abhilasha 2010'......................................... 16

Dainik Bhaskar B-School Leadership Awards ....... 17

State Energy Conservation Award 2009 .............. 17

Regulatory Surveillance: A must for airtworthiness ................................. 18-19

'Energy 2010' - Innovation,...........in universities.... 19

The Special Convocation for PTTEP, Thailand ........ 20

UPES launches lateral entry B.Sc. Aviation Program ....................................... 21

UPES hosts PetroTech Chapters' Meet .................. 21

Paper presented..................................................... 22

VC addresses MIMA convention at Doha, Qatar... 23

AIU membership approved ................................... 23

ISPe News............................................................. 24

Economic Recovery and the way ahead - Industry Academia view point

Innovation can be very basicyet it needs a lot of research- Vehicle designed by students, appreciated in Auto Expo 2010

UPES bags Dainik BhaskarBest B-School Leadership Awards

Financing Power Projects in India- A Paradigm shift

Regulatory Surveillance: A must for airworthiness

1Energy News I May ‘10

Anmol Singh Jaggi from the1st B.Tech batch ofPetroleum Engineering(2007) has been awarded asIndia’s Hottest YoungEntrepreneur by theBusiness World magazine(issue March 29, 2010). Jaggihad his eyes set to be anEntrepreneur at an age of21. He did not vigorouslypursue any recruiter but still

was selected by British Gas which he later left to be onhis own.

The mentors at UPES spotted the spark in him early.He was declared as the 1st Young Entrepreneur at theConvocation held in Dec 2007. The declaration ofJaggi as the Young Entrepreneur makes his alma-meterfeel as an incubation centre for many more Jaggis intimes to come.

Today Jaggi is the Director of Gensol ConsultantsPvt. Ltd. a firm which he floated as a consultancy forcarbon credits. In less than three years the firm has takena steep rise to become a symbol of courage and selfconfidence in one’s own abilities.

True to one of its missions “To create top qualityhuman resource in order to enhance the productivityin the Oil & Gas, Energy, Transportation industry”, UPEScan truly be termed as the incubation centre for theyoung sparkling talent.

In a candid interview with your editor, Anmol S Jaggiwas forthcoming on his success story and that of theGensol Consultants.

Q. Many many congratulations on being declaredIndia’s Hottest Young Entrepreneur. How do youhandle the adulations?

A lot of effort has gone into it. We were always confidentthat we were doing the right thing at the right time. However,to receive such a prestigious honour is altogether a new highfor me. We have always been appreciated by our clients andrecognized at various industry forums, but to get this kind ofrecognition at pan India level was highly encouraging and anuplifting experience for me any my team. Two key factors havea major contribution towards this accomplishment - sheerhard work and the undying spirit. At Gensol Consultants Pvt.Ltd. (GCPL) we have a team of over 60 young and dynamicprofessionals who have worked equally hard to help us reach

this level and now the endeavour is to maintain the same spiritin the future. I have always envisaged a great future for meand my company and this award seems like we’ve come a stepcloser to our aim. The primary goal of GCPL is to provideparamount services in the field of carbon advisory & strategicconsultancy and be the best in this sector, and it would be agreat feeling to receive appreciation for a job well done in formof such awards.

Q. Our readers would like to know about yourbusiness venture “Gensol”. What do you deal in?

Gensol Consultants Pvt. Ltd. is today one of the most aggressiveand energetic carbon consultancy’s in India with proficiencyin generation, registration and trading of Certified as well asVerified Emission Reductions (CERs and VERs), better knownas carbon credits. GCPL has been providing services to over 350clients in 4 different verticals under four companies. We offerour Carbon Advisory Services under the brand Gensol andStrategic Advisory Services under Green Karma. And the othertwo companies overlook the Asset Management and the SolarEPC segments. Our major revenue comes from trading ofcarbon credits which is followed by a unique business modelwhere in we sign an exclusive 11 year contract with our clientsgiving us a certainty of large revenue forecast.

Our brand ‘Green Karma’ offering strategic consultancywas formed about six months ago which has contributed 15%to the total revenue. Green Karma helps our clients to analyzethe emerging regulation of carbon credits. For example, a clientwho has made an acquisition of coal mine in Australia. Whenthey went to Australia to acquire the coal mine, there was acarbon liability which was attached to the coal mine whichwas falling under Australia which has signed the KyotoProtocol. So we helped them assess the carbon liability byimplementing the carbon management program therebyreducing the carbon liability of that acquisition. This is howwe are adding value to our clients.

The other part is for aviation and shipping industry whichis now moving into Europe. Any flight landing into Europe orany ship docking at European dockyard has to be carboncompliant. We are helping these airlines and the shippingcompanies to adhere to the upcoming regulations. We are alsohelping large procurement companies of Indian vendors whohave been supplying materials to big companies like WalMart,Tesco and British Telecom. Now these companies asked thevendors to turn carbon compliance. We are advising lots ofIndian vendors to adhere to the standards laid by these bigcompanies in the context of carbon compliance.

Q. What are other areas of business of GensolConsultants?

Essentially the strategic consulting group - Green Karma-looks into emerging regulations of these markets and how such

UPES - The Incubation Centre


2 Energy News I May ‘10

regulations are going to affect one’s business and what are therisk mitigation strategic plan that one has to put in.

Carbon credit is no longer a charity item and it has nowbecome a balance sheet item. So this balance sheet item is tobe taken care of.

The third aspect of our business is a very unique and wouldbecome a revolution in the financial market. Gensol Consultantis going to launch India’s first mutual fund wherein a retailinvestor can buy carbon credit. We feel that carbon is acommodity which is correlated to conventional economy. Wehave already received the clearance for this fund, and by Maythis year we would be able to launch in the market. Currently,we are exploring the possibilities of getting the above taxexempted from Government. The carbon credit will hedge theportfolios. While economy will grow at 8%, the carbon creditswill fetch you 10%.

The fourth vertical weoperate in is the Solar EPCcompany. We have beenfortunate enough to catchup with the Solar marketin an early stage of ourbusiness. Moreover, wehave applied for 100 Mwunder the National SolarMission (NSM). But as thegovernment is planning tosupport only 1,000 Mw inthe 1st phase so ourallocation may not bemore than 20-25 Mw. Weare now going ahead withopening a new companycalled National ResourceEngineering PrivateLimited. NREPL will focuson solar business and thecompany will becomeoperational in the firstquarter of this fiscal. .

Q. How much has the company grown sinceinception?

Gensol Consultants Pvt. Ltd. started with an initialinvestment of Rs. 2 lakh and a team size of two. However afternearly three years of operation it has a turn over of Rs. 6 Cr anda team size of more than 70 professionals. We have our officesin Panchkula, Ahmedabad and Mumbai and will soon openup our offices in Gurgaon and Bangalore. Further our teamsize is expected to increase to nearly 130 by the end of July andto 200 by the end of this year. We also have plans to start ouroperations in the US.

Q. You started alone. Tell us about the journey.

I have a similar story to tell which almost every student inthe university can relate to. We all are young; and most of ushave no major liabilities in life, so was the case with me. I was

offered a package of Rs 6 - 7 lakh from British Gas whichsounded a good deal at that point of time. Although afterworking for a brief period I started thinking about a businessventure of my own. There was nothing extraordinary in theway I started our very first business venture. I had a thought inmind which would have paid much more than what I wasbeing offered for any other job. Moreover, it was exciting to thinkabout the experience I would gain after starting up somethingof my own. I had the confidence that I will be able to make itthrough and the risk of failure never forced me to movebackward, even so, I had prepared for the worst. My belief isthat one should never be afraid of failures and this is the timewhen we can explore our maximum potential, when the riskis minimum. If we as a team would have failed and went backto a B-School, no institute would mind taking us as a studentwho had the courage to stand up on his own feet, rather theywould appreciate the effort.

From making a humble beginning within a small officein Panchkula three yearsago with just two people tohaving a team of more than60 young and dynamicprofessional spread acrossthree cities focusing onmore than 350 clients andwith over 11 million tonnesof emission reductions toour credit , I foresee only anuphill ride for Gensol fromwhere we stand today.

Q. What are the futureplans? Any plans ofventuring out of India?

From a 360° CarbonSolutions provider we areplanning to scale up tobeing a 360° Green Solutionprovider, hence covering all

shades of green. We are in a major expansion mode and arerapidly growing our client base and as mentioned earlier ourteam is all set to grow from 70 to 130 professionals in the nextfew months. In terms of international market, we have plansto start operations in the US. Few months ago we had sent 3-4team members to study the US market trends and the analysisof our research has been quite positive. Moreover, there arecertain reputed companies based out of Singapore which areinterested to do a joint venture with us. We might explore thatoption but the talks are at its early stage now. However, wewould be having our office in US by the end of next quarter ofthis fiscal. Our client says that the kind of managementbandwidth and capital that we have, it is sufficient for India.So, we would be planning the next round of fund raisingperhaps in a year or half. Also, the average age of professionalsworking with GCPL is 24 years, so we are quite young, ourmanagement bandwidth is quite low, so this is the map wecan go with. At Gensol our responsibilities are going faster thanthe rate with which we are growing. So with the limitedmanagement bandwidth that we have and with the kind of


Mr. Anmol Singh Jaggi recieving his degree from H.E. Sh. B.L. Joshi, the thenGovernor, Uttarakhand


have got the domainexpertise of the energysector which is verycritical for the carbonbusiness.

Q. What messageAnmol Jaggi will liketo pass on to thecurrent Anmol Jaggisat UPES?

I would like to say this tothe current and the futurebatches of UPES, that theformal system ofincubating companies isthe campus. When westarted in 2007, there was

nobody better than us in the carbon trade space in terms ofknowledge and even today no carbon advisory firm can claimto have the same set of skills and expertise our team brings tothe fore. Clients only pay you if you provide value addition.Everybody wants to know how you can deliver value on theground and what is your USP that would ultimately helpmaximise their profit.

Hence the key lies in applying a lot of hard work and takingup a risk in life, if you have the knowledge to back you up, nobody can stop you from making it big in life.

Q9. Did your family support your endeavours orwere skeptical in the beginning?

My family has always believed in good education and noone has ever ventured into entrepreneurship in the past. Ipassed out as the first engineer of my family followed by mybrother who is pursuing his studies from IIT Roorkee.

Everyone had certain apprehensions in the beginning, butas I mentioned, we had analyzed the situations we might faceright in the beginning, so we had no plans of stopping. We cansay that it was a well planned step. We did face our share ofchallenges like insufficient funds during our journey, but nochallenge was big enough to stop us from achieving our dreams.And with a family like mine to support me and the confidenceof my peers always encouraged me to move forward.

No one from my family has been in business before. I amthe first Engineer from the family. So going to engineering wasa risk by itself. My father was always convinced that becomingan engineer was good. I have two elder cousin brothers, bothof them are Chartered Accountants. I first became an engineer,and my brother has become an engineer now.

Q. What are your plans for marriage?

There is still a lot to achieve and I am working really hardtowards that. However, marriage will follow shortly, may be ina year or two.

Mr. Anmol Singh Jaggi’s parents Brig. Parminder Singh Jaggi and Mrs. JasminderKaur

3

explosive growthhappening in ourdomestic market, wewould like to stick to theIndian market andexplore our options in US.

So as mentionedearlier our current aim isto become the largestservice providers in allour segments ofoperations and we haveenough growth in theIndian Market in next 5years to achieve that level.

Q. What role UPEShas played in yoursuccess?

UPES helped me at numerous junctures of my professionaljourney. It was while I was at UPES when I was offered asummer internship with Reliance Industries Ltd. where Iprepared the Natural Gas Marketing Plans for the states ofMadhya Pradesh and Orissa, the coal dominated states of thecountry. While comparing the Natural Gas vis-a-vis coal, whereNatural Gas turned out be expensive for our clients, I wasintroduced to the Carbon Trade industry which was followedby a small training program for the interns. This was the firsttime I was exposed to this concept.

It was my teachers at UPES who helped me in baggingvarious valuable projects during the initial days of our businesssetup. My seniors there have always been encouraging and havebeen providing guidance and valuable insights when everneeded. I remember inviting the President of UPES to our smalloffice and his reply to my invitation was, I would visit youroffice when the systems and procedures are in place. It is not apeople driven company, its a system driven company. So I stilllook forward to his visit and always quote his reply to my team.And, from day one, we wanted to make GCPL a system drivencompany.

Q. Any memorable incident or anecdote you maylike to share?

There are many. We were the first batch of the University.The University had just opened up and there were someamount of skepticism on how the University is going to fare.Even though I was not convinced with an entirely newUniversity I went ahead and trusted my parent’s who wereimpressed with the vision of two individuals Dr. Parag Diwan,Vice Chancellor and Mr. Sanjay Kaul, President along with Mr.Himmat Singh and Mr. U.K. Dikshit, Pro Vice Chancellor. Iwould like to say that I am grateful to these people for theirconstant support and guidance.

I think, joining UPES will remain as the mostmemorable incident of my life. Had I not been a part ofUniversity of Petroleum and Energy Studies, I would not

Energy News I May ‘10


“Economic Recovery and the Way Ahead” - Industry Academia view points

The last seven years havegiven a roller-coaster ride tothe global economy.The first five years saw theworld economy growingnear an average of 4.6 % perannum. Even the highcrude oil prices seemedthreat-less to the sustainedgrowth. Continued globalprosperity was thenfollowed by global recession.

The crisis was the worst since the one witnessed in1930s. Large scale fiscal and monetary stimuli wereprovided. Countries were looking for a renewedform of economic cooperation. And then signs ofrecovery were sighted. US, Japan, Germany, Francehave recorded positive growth. China and India arebeing looked upon to steer the world towardseconomic prosperity. The G-20 summit has paveda way for recasting a new world order. This newenvironment is certain to throw new challenges andopportunities to the business world.

Indeed, India has carved a niche for itself at theglobal canvass. In fact, the recent experience ofIndia’s own resilient economic management wasone guiding factor of the report of the WarwickCommission on International Financial Reform.But, the billion dollar question is whether theadvantage secured by India is substantial to providea sustained growth of 9 per cent for the next decade.It is crucial to use this advantage to strengthen theweak links such as lack of adequate investments inEnergy, Aviation, Logistics & Supply Chain andUrban infrastructure to support the desired highrate of growth.

Once again UPES demonstrated its willingness and ability to be a part of the solution finding process rather than being a mereobserver. The one and half day event an ‘Econimic Summit’, received an overwhelming response from the academia and the industry.Some of the organizations represented were – Jawaharlal Nehru University, Reliance Industries Ltd., Emerson Process Management(India) Pvt. Ltd., Power Transmission Corporation of Uttarakhand, Airport Authority of India, GMR, Lanco Group, Container Corporationof India and Uttarakhand Gramin Bank.

The Summit was branched into domain specific technical sessions – Oil & Gas, Power, Aviation, Logistics, Infrastructure and Port &Shipping. The summary of the key discussion and action points for each session are enumerated here.

Looking at the initial signs of economic recoveryi n

India, one pertinent question that pops up iswhether the recovery will be sustained over long

period? One doesn’t seem to be certain if the trend willcontinue even after the withdrawal of the stimulusprovided by the government. Naturally, each one of uswould hope that the new found economic strengthremains with us for long. With this backdrop ‘UPESEconomic Summit’ was organized on the theme“Economic Recovery and the Way Ahead” on 17 – 18th

Feb 2010, at Vivekanand Auditorium at the campus inDehradun.

The Summit - Day 1The Summit was declared open by the ChancellorDr. S. J. Chopra with his confirmation on how varioussectors of the economy had shown significant growth.He also deliberated on how, inthe last one and half years,students at UPES got engagedin formal debates oncountering recession. ThenDr. Vikas Prakash, the SummitDirector, introduced thetheme of the Summit to theparticipants. He providedinstances of how corporatesector in India had displayedits economic might to rest ofthe world during the globaleconomic recession. He alsoemphasized on the need for the policy initiatives toensure a sustained economic strength for the country.

Keynote AddressThe keynote address was delivered byDr. B. B. Bhattacharya, Vice Chancellor, JNU. He beganwith clarification on the interpretation of economicrecovery which according to him could be coming back

Dr. S.J. Chopra, Chancellor,UPES

Dr. Vikas PrakashHead - Deptt. of Economics,UPES & Programme Director



to 8 – 9% growth trend whichwas witnessed four yearsbefore the recession started.

He demonstrated how Indiauses its capital moreefficiently than China. StillIndia is not able to matchChina’s growth rate. Heshowed that the worldbeating competitiveness willcome if we are able toprovide opportunity of

availing education to more number of people. Chinafloods the world with cheap goods, India floods theworld with services (human capital).

If we can spend more on R&D. Corporate sector in Indiacontributes less than 2% to the R&D expenditure,whereas in South Korea it is 87%. That is why despitestarting late South Korea is making world class cars andelectronic items and we are not. To add to the woes 95%of patents created by India are bought by foreign MNCsrather than Indian companies.

The Guest of Honour, Mr. Alok Sud, Vice President, (IB)& Marketing Services, Reliance Industries Limited spokeon the ‘Private Sector’s Role in Augmenting Petroleum

Product Supply in India’. Hedemonstrated that despite therecession, petroleum productconsumption in India grew athealthy rate. He emphasizedon the kind of innovationbrought into the fueldispensing process. But,despite the availability ofmechanized alternatives withthe company they have tofollow the norms laid down bythe Government of India,which requires every morning

noting the density of fuel in the tank lorry; density ofthe fuel in the underground tank before decantation anddensity in the underground tank after decantation.These readings are to be signed by three different peopleand preserved for years. Mr. Sud stated that RIL wasreluctant of having unmanned Gas stationbecause the payment mechanism doesn’tallow having unmanned gas stations. Hementioned that technology-wise RIL is100% prepared for unmanned gas stations,the company’s ultimate ambition is also tohave unmanned gas stations all over thecountry even in the remotest locations, butthe company is waiting for full decontrolof the sector from the government.

The Technical Sessions

The first technical session wasdedicated to the Oil & GasSector. The first speaker wasMr. A. S. Prasad, BusinessLeader, Emerson ProcessManagement (India) Pvt. Ltd.who presented his paper on‘Impact of Global Recession onOil and Gas EngineeringServices in India’. He talkedabout variety of opportunitiesarising in the Oil & Gas industryas more than 200,000 peoplewill retire from this industry in next ten years. Hementioned that everyone can’t be innovating, there hasto be fine balance between value-added high end jobsand the routine outsourcing jobs that we undertake.

Dr. Vikas Prakash, Head, Department of Economics,University of Petroleum & Energy Studies and also theProgram Director, spoke on the topic ‘Refine More:A Strategy for Crude Deficient India’. He spoke aboutthe robust growth that India had recorded despite theglobal slowdown, and further raised question about ourfuel adequacy to sustain the desired growth. Hemaintained that the deficiency of crude oil should notdeter us from becoming a refinery hub for the world.

The Second Technical sessionwas on Power Industry. Thefirst speaker of the session wasMs. Anita Singhal, former Bankerand currently a research scholarat the University of Petroleum &Energy Studies. She showed thatthe power sector had never beenso good as the year 2009 andrecession had no impact onfunding of power projects inIndia. The year 2009 saw recordnumber of projects achievingfinancial closure – worth Rs 1,63,927 cr. as againstRs 51,395 cr. in year 2008. Traditionally power sector hasshied away from the equity markets. The year 2009marked another difference in the history of Power sector

Dr. B.B. Bhattacharya,Vice ChancellorJawaharlal Nehru University

Variety of opportunities are arising in the Oil & Gas industryas more than 200,000 people will be retiring from thisindustry in the next ten years. Everyone can’t be innovating,there has to be fine balance between value-added high endjobs and the routine outsourcing jobs that we undertake.

Mr. A.S. PrasadBusiness Leader, Emerson Process Management (India) Pvt. Ltd.

Mr. Alok Sud, Vice President,IB & Marketing Services,Reliance Industries Limited

Mr. A.S. PrasadBusiness Leader (National) ,Emerson Process Management(India) Pvt. Ltd.

Ms. Anita Singhal,former Banker andcurrently research scholarat UPES



The second speaker for this session was Mr. D.P. Singh,Executive Director - Corp. Planning & Management,Airport Authority of India.Mr. Singh focused on airlineindustry environment inIndia. He touched all thecritical issues related to Indianairlines business and itslinkages with other industryand society - like itscontributions in the economicdevelopment of the country,in the cargo handling, and inthe social development. Healso talked about theenvironment due to whichIndian airlines are facingproductivity problems like lack of infrastructure,industry’s sensitivity towards business cycles,consumers’ sensitivity towards airline demand etc.

The third speaker of the session wasDr. Prasoom Dwivedi, Asst. Professor, UPES.Dr. Dwivedi talked on ‘Aviation environment andmanagement during recession’. In his presentation, hegave overview of global aviation industry especially, LowCost Carrier (LCCs). With respect to Indian LCCs, hementioned that Indian LCCs have made world’s largestdomestic market penetration by around52% in 2009 and Spicejet scored around 53% marketpenetration which is highest in the world in 2009 itself.

Day 2The Second day of the Summit began with technicalsession on Logistics andInfrastructure industry. Thefirst speaker of the session wasMr. Mukul Jain, ExecutiveDirector, CONCOR. Mr. Jaingave detailed analysis of IndianLogistics Sector and also talkedabout growing needs oflogistics because of rapideconomic and industrialgrowth in the country. He alsomentioned that competition inthis sector is also growing andthe companies like CONCOR have started facing theheat of competition. Presently there are 11 privateplayers in the industry which give good scope for thestudents for placement purposes.

The second speaker of the session wasMr. M. N. Ravishankar, Director - BD, Regulatory & RiskManagement, Lanco Infratech Ltd. Mr. Shanker gaveinsight in the infrastructure sector India. He

by garnering 65% of the total funds raised throughequity markets.

The second speaker of thesession was Mr. S.P. Arya,Dy. Director, UERC, who spokeon the topic ‘Driving PowerTariff Down: Role of SERCs’.Mr. Arya detailed the role ofelectricity regulator in tariffdetermination. He showed whyit is important to secure theinterest of both the powerproducer and the customer. Heexplained the variouschallenges faced by theelectricity regulator and how the role of regulator hashelped in evolution of the power market.

The third speaker of the session wasProf. A. M. Bharadwaj, head of department, PowerManagement, UPES who spoke on ‘HydropowerEconomics: Key to Continuous Power Supply’.Prof. Bharadwaj established the need for investingmore in hydro power generation. Hydro power isnot only cost effective in the long run but alsovery effective in meeting peak load demand.

The third session of the day was dedicated to AviationIndustry. The first speaker ofthis session was Mr. L. Ravi,Vice President, DelhiInternational Airport Ltd.,GMR. Mr. L. Ravi presentedpaper on ‘InvestmentPotential in Aviation’. Heshowed that in 2008 there washigh aircraft movement butlesser number of peopletravelling, but, in 2009 thepassenger load factor wasseen to have improvedremarkably. As a result theairports need to gear up for handling higher volumes ofpassengers. He spoke about the investmentrequirements in airport infrastructure for resurrectingeconomic growth. He talked about airport infrastructuredevelopment requirement in the country. He alsomentioned measures taken by the government fordeveloping airport infrastructure like development ofBrown field and Green field airports. Recently,government of India has decided to develop 10 newgreenfield airports and expansion of 35 airports in thecountry. During discussion he emphasized on the needfor liberalizing the regulations in airport sector of thecountry.

Mr. S.P. Arya, Dy. Director,Uttarakhand ElectricityRegulatory Commission

Mr. L. RaviVice President, GMR

Mr. D.P. SinghExecutive Director - Corp.Planning & Management,Airport Authority of India

Mr. Mukul JainExecutive Director, CONCOR



characterized infrastructuresector as natural monopoly,capital intensive andinvestment irreversibility. Heopined that economicdownturn does not affect theinfrastructure industry. Itsgrowth and developmentdepends on governmentpolicies and decisions ratherthan economic cycles.Mr. Shanker also detailed thekind of risk infrastructureindustry may face because of its large size and othereconomic reasons, some of them are policy risk, politicalrisk, delays in bid processes, regulatory risk, delays inland acquisition, etc. In this way, infrastructure sectoris business cycle insensitive (at least at the policy level)on the one hand while facing different kind of risk onthe other. At the implementation level the infrastructuresector in India is experiencing large number of problemslike land acquisition, R&R (resettling and recovery),forest clearance, water allocation data quality, state Vscentre issues, viability of the project SPV based fundingetc. which are affecting the competitive strength of theplayers.

Student’s ParticipationThe second session of Day 2 was dedicated to students’competition. The first student was Sanjiv Kumar Singh,MBA (Power Management) II yr. He presented paperon ‘Impact of Recession on Power Generation and theWay Out’. He listed various problems due to which

power generation projects could not be completed. Hebrought out that most of the factors were managerialin nature. The second presentation was team effort oftwo speakers from MBA (Oil &Gas) I yr. – AdityaAgnihotri and Siddhartha Banerjee. They showed howthe economic recession had impacted the Oil and Gas

industry in the country. The thirdpresenter of the session wasPrashant Saxena, MBA (EnergyTrading) II yr. He presented hispaper on how economicadvantage, in buying of crude oilby our companies, can beachieved through various riskmanagement techniques.Mr. Threesh Kapoor, Chairman,Uttaranchal Gramin Bank was thejudge for the event. Sanjiv KumarSingh was eventually adjudged asthe winner.

The valedictory address wasgiven by Mr. R. K. Singh, Advisorto CM Uttarakhand. He spokeabout the genesis of the globaleconomic recession. Hebeautifully related the subprimecrisis in US to the economiccrisis worldwide, but, posedconfidence that it was just muchneeded correction in the systemand the world economy willclimb out of its woes with Indiaplaying a vital role in it.

Mr. R. K. SinghAdvisor to Chief Minister,Uttarakhand

CMD, HPCL hails UPES progressMr. Arun Balakrishnan, CMD, Hindustan Petroleum Corporation Ltd. andmember board of governors UPES visited UPES campus on March 22. He wasreceived by the Chancellor Dr. S.J. Chopra, Vice Chancellor Dr. Parag Diwan.Mr. Balakrishnan was shown a presentation on UPES, after which went into thedetails of the facilities & future plans. He took a tour of the campus and was veryhappy to see the developments at the campus.

As a member of Board of GovernorsMr. Balakrishnan was highly satisfied withdevelopment at the campus and expressed hisviews as “Visiting the campus after 5 years, cansee the tremendous amount of work done - in

terms of addition in infrastructure, new modern laboratories, state-of-the-artlaboratories, first class faculty and an explosion of students. This is a greatinstitution for supporting the manpower requirement of the Indian and world Oil& Gas industry of the downstream and upstream.”

He also planted a sapling at the campus.

Mr. Arun Balakrishnan,CMD, Hindustan Petroleum Corporation Ltd.addressing the faculty members

Mr. Arun Balakrishnan,planting a sapling at the campus

Mr. M. N. Ravishankar,Director - BD, Regulatory& Risk Management,Lanco Infratech Ltd.

Mr. Threesh Kapoor,Chairman & MD,Uttaranchal GraminBank


Innovation can be very basic yet it needs a lot of research

Vehicle designed by students appreciated in Auto Expo 2010

Mr. Ravi Kant, Vice President, TATA Motors inauguratedUPES stall at the 10th Auto Expo 2010 at Pragati Maidan,New Delhi. ‘Mougli’ an ATV (All Terrain Vehicle)designed by thestudents ofA u t o m o t i v eD e s i g nE n g i n e e r i n gprogram wasw i d e l yacclaimed atthe Auto-Expoby the leadersand stalwarts ofA u t o m o t i v eIndustry. Thestall was also visited by Mr. Ratan Tata, Chairman,TATA Group of companies.

The other dignitaries who visited the stall wereMr. Karupayya, Director, NATRAX, Dr. K.C. Vora, Head,ARAI Academy & Library, Mr. I.V. Rao, Head R&D,Maruti Udyog, Mr. Ravi Kharul, GM- R&D, TVS MotorsCompany Ltd., Dr. M.O. Garg, Director-IIP, Mr. PradeepHandoo, Head-Design Center, Hero Corporate ServiceLtd., Mr. Gautum Sen, Consulting Editor, AUTO INDIA,Mr. Natarajan, MD, Motor India and many others.

The All Terrain Vehicle

The students of the Automotive Design Engineering(ADE) program of University of Petroleum & EnergyStudies, Dehradun designed an All Terrain Vehicle (ATV)named ‘Moguli’, during the course of the program. Thecar is capable of running over uneven, muddy or anynatural surface. It has become possible throughincorporation of very special innovative features. TheADE program is designed to meet the needs of the 21stcentury automotive industry covering design &developments, production & manufacturing and repair& maintenance. The course offered is one of thefascinating studies of an automobile from design to theon-road adaptability along with understanding of theassociated wider aspects of the transportation sector,energy & environmental concerns and application ofpetroleum & alternative fuels. The course aims toeducate students both in theory and practical throughdomain specific subjects structured as Basic, Core andAdvance Engineering.

This vehicle is a demonstration of the relevance of thetheory and practical aspects of the course. The vehicleparticipated in the competition ‘Baja 2009’, the onlyevent in the country, organized by SAEINDIA (Societyof Automotive Engineers), in which students get achance to design and fabricate a vehicle all bythemselves.

Mr. Ravi Kant, Vice President – TATA Motors inaugurating the UPESstall during the Auto Expo 2010

Mr. Ravi Kant, Vice President – TATA Motors, in discussion with UPESstudents

Mr. Ratan Tata, Chairman, TATA Group ofcompanies at the stall with the students ofUPES


Espacio’Dias, Spanish for Aerospace Day, was organizedon 19th - 20th February, 2010 at campus by first graduatingbatch of Aerospace Engineering students of University ofPetroleum and Energy Studies. Supported by the facultyand management, this first of its kind event was targetedto showcase department’s strengths, versatility andessentially its spirit.

A short summary of this event would include mention ofdignified visits from Industry, Academics and Air-force,several student competitions such as model glider-flying,paper plane, flight simulator, water-rocket, poster andpaper presentations and of course the event highlighter‘Air show’.

The celebration started withwelcome of Mr. Balraj Gupta,Director, ADRDE (ArealDelivery Research andDevelopment Establishment)and Air Marshal (Retd.)K.D. Singh. While Mr. Guptaenlightened students aboutseveral DRDO labs and theirresearch activities such asparachute technology, spacerecovery mechanisms,clustered parachutes,

AM K.D. Singh talked about national defense and role ofAir-power. He toured throughpast Indian wars and how Indiadominated due to its superiorityin Air-Defense. Nothing couldhave given this event a betterstart than these twopersonalities from two differentbackground yet serving theAerospace Industry. Their wordsnot only inspired the AerospaceEngineering students but also allthe faculty present.

The beginning of Day Twowitnessed an event in campus quadrangle which wouldmake any youngster envy. Students were competing withtheir aerodynamically engineered paper-planes to covermaximum range with maximum flight time.Simultaneously, while some students were flying off virtualplanes in flight simulator, others were presenting theirtechnical knowledge and research potential via paperpresentations, confluence and poster presentation.

The Chief Guest, Air Chief Marshal, (Retd.) S.P. Tyagi joinedstudents participating in various competitions and notonly encouraged them with his presence and words of

Espacio-Dias 2010: A journey through Time and Space

wisdom, but also involvedhimself as a participant. Soon,followed a campus tourguided by Advisor, AerospaceEngineering Department,AVM A. K. Khosla andhead of the department,Dr. Om Prakash. A repeatperformance of Air Show withnew models and new acrobatswas next item on the menuwhich turned out to be evenmore exemplary due to amodel which could send live video images to LCD screenon the ground. While none of the actions displayed werenew to this fighter pilot who is known for his daredeviladventures, ACM Tyagi surely was thrilled and entertainedby these flying models.

The event ended by awe-inspiring talk in open air atUniversity’s amphitheater. ACM Tyagi reiterated hisconfidence in youth and explained how the key to society’ssuccess lies in the hands of these students. While disclosinghis own recruitment and experience with Indian Air-force,he encouraged students to have a vision and objective oflife before they run after degrees or jobs. Invigorated byhis words and eager to soon be fighter pilots, studentsdiscussed their career opportunities at Air-force with ACMTyagi. Prize distribution and vote of thanks by Dr. Shrihari,Dean, College of Engineering, substantiated by echoingclaps all around the place marked the official end ofEspacio’Dias.

ACM (Retd.) S.P. Tyagiinteracting with the students

Students displayingmodels of aircrafts

Mr. Balraj Gupta, Director,ADRDE addressing thestudents

AM (Retd.) K.D. Singhaddressing the students

Participants of ‘Espacio-Dias’


Financing Power Projects inIndia – A Paradigm Shift

BACKGROUNDInfrastructure development for any country is a gigantictask, more so for a vast country like India. EmergingIndian Power Sector is saddled with acute power deficitsand huge Transmission and Distribution losses, StateElectricity Boards (SEBs) / Distribution Companies(DISCOMs) of the State becoming financially inviabledue to tariffs not being increased for the populistpolitical reasons. Financing the sector has become amajor issue.

Electricity Sector has been given major thrust inevery Plan period beginning from the I Plan till date.Capacity addition for power generation being dismaldue to various reasons; it directly affects the growth ofthe nation. Some of the major factors for such dismalperformance could be (i) Lack of Finance available toset-up of these plants (ii) Non-availability of adequatefunds with the State Public Sector Enterprises (SEBs /DISCOMs), (iii) Tariffs not reflecting the true costs, (iv)Over burden of Subsidy on the Govt. (v) Rampant theftsand (vi) huge technical and commercial losses.

CHANGING PHASES OF POWER MARKETSTRUCTUREChange is a universal law and is inevitable, Change isgoing to be a constant feature; it is Companies who haveto adopt and adapt to these changes. Dynamic factorssuch as Political, Social, and Commercial etc. force thesechanges. After India became Independent almost entirecountry was under a bundled structure, created by eachState, viz. a State Electricity Board or an ElectricityDepartment. These entities were having integratedstructure to perform the duties of Generation,Transmission and Distribution. There are some citieswhere some Private players were operating even before

M. N. Ravi ShankarDirector – BD, Regulatory &Risk Management,LANCO Infratech Limited

the Government took over post-independence; and fewof them were viz. Ahmedabad, Mumbai, Kolkata,Kanpur, Surat etc. a typical example of distributedgeneration, and there was no conflict of interestbetween private and public set-up as the areademarcation was unique, and no two licensees wereoperating in the same area.

With the advent of developmental activities in thesector, the focus shifted from specific area development,to mass area development, and thrust on ruralelectrification with full governmental support. No doubtthis was required for the economy, but it was donewithout looking into the financial aspects and viability.Rather, till early 1990s the sector was closed to the ideaof private partnerships. Generation sector of electricitywas opened-up for private participation by framing apolicy by Government of India. Generation activity hasbeen de-licensed but many clearances were stillrequired.

Thus benefiting the Independent Power Producers(IPPs) in some states like AP, Maharashtra and Gujarat

Funding for the power generation projects hasundergone a sea change and from a traditional(conservative) approach to the modern day innovativefinancing route. In the past, post liberalization era whenprivate sector started participating, the financing wasthe most conservative and required sovereignguarantees, escrow accounts, and all the receivablesattached to the project developer. A Risk mitigationstructure for the project developer, as the SEBs werelittle creditworthy, due to inadequate fuel off-take and


payment guarantee set-up; tariff not being rationalized,and tariff not being cost-reflective; and SEBs weresubsidy- dependent. In some of the States even subsidywas also not forthcoming from the Government becauseof their weak financial conditions.

Since, 1991 private participation was more orientedon gas / naphtha projects, and that too based onimported technology. In the later part of 1990s or early2000 the story shifted to other types of fuel viz., Coal,Imported Coal, Hydro, Renewable etc. The entirefunding of the power projects critically hinges on thecash-flows and debt equity structure.

DEBT FUNDINGThe sector gets funds from typical agencies which arecreated or operated specifically for the development ofinfrastructure space. One has to remember thatelectricity has become an essential commodity and apublic good. Whatever is done to the sector it directlyaffects the common man. Debt plays a vital role in valuecreation for the enterprise. Leveraging the balance sheetfor value creation is the need of the hour.

GovernmentGovernment funds most of the projects of the Centraland State sector for their capacity expansion and newprojects or for the working capital too. The lending isdone for longer term and at low interest rates forsustenance of the sector.

Multilateral AgenciesSome of the PSUs like NTPC, NHPC, etc. were initiallyfunded through multilateral agencies like AsianDevelopment Bank, World Bank, InternationalMonetary Fund etc. for initiating the process of creatinginfrastructure in the country with an aim to createeconomic efficiency of the assets. Electricity Act, 2003was also in this direction to create value for various stakeholders, bringing in level playing field among variousstakeholders, and to instill confidence among investorsand stakeholders by bringing certainty to the sector.

These agencies have funded the power projects byway of grants to these newly created Central PublicSector Undertakings for developing the sector; of late,they are funding to the private sector projects by lendingand which makes the project viable. Funding is generallyfor longer duration with liberal terms.

Financial InstitutionsFinancial Institutions and Commercial Banks arefunding the power projects in a big way. In the earlier

days it was only development financial institutions likeIFCI, IDBI and ICICI which were doing the projectappraisals and project financing, but during last decade,however, more so during last five years, commercialbanks have also started lending to the power projectsby doing project appraisal by themselves. Commercialbanks fund these projects under the infrastructurebanner, as RBI has broadened the scope ofinfrastructure. Door-to-door lending is there almost for17 years of which 4-5 years is for construction periodand 12 years for servicing the debt.

Dedicated Institutions for the SectorPower Finance Corporation (PFC), Rural ElectrificationCorporation (REC) are dedicated to power sectorfinancing for the private / public sector utilities onsound commercial principles, to cater to the needs ofthese utilities. While PFC does funding for all types ofinvestments and working capital needs of differentutilities, REC primarily focuses on rural electrificationschemes. These institutions act as prime movers of thesector. Asset liability mismatch and credit risk exposurenorms of RBI are not applicable; this in fact plays asignificant role in developing the sector.

Insurance CompaniesLIC, GIC, UII etc. have been mandated by IDRA to investat least 15% of their funds to finance the infrastructuresector. These institutions have been funding theelectricity sector and are now extending their supportto the private entities also.

External Commercial BorrowingsExternal Commercial Borrowings (ECBs) were popularmeans of borrowing by the large capital intensiveprojects. This allows the company to do the swappingof resources to reduce the cost of project. Typically theinfrastructure projects go in for ECBs during the projectconstruction stage with a low LIBOR plus premiumwhich are cheaper than the local market. This is not arule-of-thumb but purely depends upon two vitalfactors viz. RBI policy and External Market conditions.

Export Credit AgenciesThere are products available for getting funding againstthe import of capital equipment from a specific country.These institutions do lend to specific proposals of thedomestic market. Buyers Credit is another instrumentby which the project developers raise short-termfinance for funding the projects.

BondsMost of the CPSUs, SPSUs and SEBs have been usingthis mechanism to raise short term financing to meet


or bridge the gap. These are generally funded by thepension funds, mutual funds insurance companies etc.These are generally for 5 – 7 years.

QUASI EQUITY OR SUBORDINATE DEBTThis structure was innovated to finance infrastructureprojects with an option to convert a portion of the debtinto equity; or to continue the flexible portion of debtas debt with higher premium. These options givecushion to the lenders to maximize their returns too.

EQUITY FUNDINGFor any project, promoters’ equity is a must, and moreso for the projects with long gestation period and forthose with long asset life. Returns are guaranteed in thepower sector for bringing private investment. This is oneof the sectors where 100% FDI is allowed. The return ispegged at 15.50% net of tax and additional 0.50% forthe projects getting commissioned on or ahead ofscheduled time. Typically equity is raised from theinternal accruals of a company. In case of SpecialPurpose Vehicle (SPV) equity is infused under variousstructures as detailed below:-

Promoters Equity / Internal AccrualsMost projects have equity infused through thepromoters’ capital route. In case of Government heldcompanies the infusion is primarily through internalaccruals. Large CPSUs like NTPC, NHPC, PGCIL, etc.do fund the new projects under these routes.

Primary / Capital MarketsOff late power sector companies have been approachingthe Indian Capital markets; this is mainly because ofthe focus on adding generation capacity. The sectorbeing capital intensive the requirement goes upmanifold as there are very few players in the market.India has been drawing ambitious plans for capacityaddition plan after plan, but now only, the program iswitnessing greater thrust after private sector taking leadin capacity additions in a big way. Another factor ismany of the Mega and Ultra Mega power projects beingdeveloped by Private players only. Stock markets haveseen many Initial Public Offerings (IPO) like JP Hydro,NTPC, GMR, GVK, Lanco, Reliance, Jindal, Adani andmarkets have accepted these companies.

Private Equity FundsAnother more recent way of funding the project is byway of private equity investment as venture capitalists,and would exit through IPO or other routes by divestingthe shares. Some of the big groups like IDFC, PFC,

Citigroup, Macquire, IL&FS have specialized fundsfocusing on infrastructure sector which invest thesefunds in the upcoming projects by picking up equitystakes.

Qualified Institutional PlacementsThis type of equity is generally placed by existingcompanies, by virtue of past performance of thecompany. QIP bidders are allotted existing or freshshares. This is an attractive route for the companies forraising capital and increase confidence to the QIP aboutthe investments getting channelized to the rightcompanies who are performers.

CONCLUSIONThe concept of funding is changing with the changingtimes and there is a paradigm shift now, as the sector ismaturing day-by-day, with alternate sources andinnovative funding available to the sector. Lenders arenow convinced about the Indian Power Sector story andare making moves to facilitate innovative structures andrisk mitigation approaches for the electricity sector. Inthe process the relevance or insistence of PPA is nolonger a requirement for project funding. This is becauseof the fact that power trading market is throwing theright price signals for the unmet demand. There is nowpressure on the States / DISCOMs / Utilities to plan forthe electricity generation to meet the ever increasingdemand. Power trading activity is going to be asignificant activity in the entire value chain of theelectricity market. Financial Institutions would takepositions to mitigate their risks; and in the next stage,derivative market would get evolved and shall act as abalancer for the project risks.

The price realizations by merchant sales of thesurplus capacities have given good marginal cost pricesignals in a deficit market. This infact is now drivingthe power market and leading to a major shift in theparadigm. The additional revenues from the merchantsales are in fact giving greater comfort to thestakeholders for accelerated repayment of the funding,and gearing-up for creating additional capacities to themuch starved power sector of the country. The powertrading market has given a fillip to the deficit gap drivenpower market.

In all the 5 Year Plans the Government of India hasbeen a failure, when it comes to the actual capacityadded against the targeted addition. Table below showsthe performance in last few plan periods.


Five Year Plan Years Capacity Addition (MWs)Target Achieved

Eighth Plan 1992-1997 30,538 16,423Ninth Plan 1197-2002 40,245 19,015Tenth Plan 2002-2007 41,110 21,180Eleventh Plan 2007-2012 78,577 ???

Total Installed Capacity in India as on 28.02.2010 is1,57,229 MWs with a deficit of about 20,000MWs

The Working Group of Power has estimatedDemand, and has projected a capacity requirement of12,07,000 MWs by 2032 if the Indian Gross DomesticProduct has to grow by 9%, the Table below shows theestimated requirement under different plan periods.

Plan Period Capacity AdditionRequirement (MWs) Requirement (MWs)

2007-2012 2,15,000 78,0002012-2017 3,31,000 1,16,0002017-2022 5,10,000 1,79,0002022-2027 7,85,000 2,75,0002027-2032 12,07,000 4,22,000

Capital outlay of the XI Plan for the power sector isput at Rs 10 Lakh crores and of which Rs. 2.50 Lakhcrores are estimated from the private sector, similarly,for the XII Plan Capital Outlay is estimated to be Rs 15

Lakh crores and of which about Rs 4 Lakh crores areexpected from private sector. These aggressive fundingrequirements of the power sector require innovativetechniques to fund the growing power sector needs;modern and innovative mechanisms play a vital rolefor funding the power projects.

In the entire game of power-project-financing theimportant consideration is the promoters’ track recordin execution of projects and project-management-capabilities. Electricity Act, 2003 has given enoughopportunities through Open Access in a non-discriminatory manner, thereby giving a choice to thegenerators and consumers to source each other. Underthis regime, role of government guarantees, counterguarantees, escrow mechanism have little relevance asthere are other robust mechanisms in place. Under theUltra Mega Power Projects – PPAs a generator can sellits power to third parties in case of default by abeneficiary.

The financing mantra keeps changing according tothe requirements and the state of economy, more so fora fast developing country like India. It will thus be seenthat in India there exist projects with 100% equityfunded, while at the same time in the fast changingeconomy there are projects funded with 100% debt.

A 2 day precision robot building workshop – LogiTrix wasconducted at University campus during March 27 – 28,2010. 100 students participated in the workshop forming25 teams. The aim of the workshop was to introduce to thestudents the art of building the autonomous robot to solvea set of tasks from programming view point. The organizingcompany was TRI Technosolutions Pvt. Ltd., SINE, IIT,Bombay.

The participants were introduced to the architecture of theAVR microcontroller and to the programming concepts.By this they learned to read and write into the inbuiltEEPROM (Electrically Erasable Programmable Read Only

Memory) and control the I/O ports. The input port generally feed the sensed signal from the external world tothe microcontroller and is analog in nature. This analog signal is digitized by internal analog to digital converterand a data base is stored into the internal memory. The program use this data base for decision making andresultant digital signal is output by the output ports and the application comes alive. Initially simple tasks weresolved like switching, blinking the LEDs after certain time delay, software and hardware looping concepts wereintroduced.

Students of B. TStudents of B. TStudents of B. TStudents of B. TStudents of B. Tech (ADE) eech (ADE) eech (ADE) eech (ADE) eech (ADE) exposed to Roboticsxposed to Roboticsxposed to Roboticsxposed to Roboticsxposed to Robotics


UPES as a policy has always encouraged Industry–Academia interface byinitiating new and innovative forums of Academic interaction. UPES has takenone more stride in this direction by initiating an interface with the industry inthe field of sports also. A T-20 cricket tournament for the “ENERGY CUP” waslaunched with the vision of converting this into a major corporate cricketchampionship of the country over the next few years.

The three teams competing for the Inaugural trophy called“ENERGY CUP-2010” were the hosts UPES, Schlumburger & GEOPIC-ONGC. This Tri series was played on March 24 – 25, 2010 at UPES campus grounds,Dehradun.

The prize distribution ceremony was conducted by the Proctor –Mr. ArunDhand and Mr. Manish Madan. The presentation party consisting of theChancellor, the Vice Chancellor, the Pro-Vice Chancellor, Country Head ofSchlumberger - Mr. David Seabrook and Deputy General Manager ofGeopic – Mr. T.R. Murli Mohan.

Intramural Volley Ball TournamentAn Intramural Volley Ball Tournament for boys was organized starting from February 29. 16 teams fromvarious courses of University participated in the tournament. The Tournament was inaugurated by theProctor - Mr. Arun Dhand. The Semi Final matches were played on 26th March 2010. First Semi Final was playedbetween B Tech - ADE, IIIrd yr. & B Tech - APE + GE, IInd yr. in which B Tech, IInd yr. won by set score – 2-0. TheSecond Semi Final was played between B Tech - GE IVth Yr & B Tech - ASE, Ist yr. in which B Tech - ASE won thematch by 2-0.The Final Match was played between B Tech - ASE, Ist yr. and B Tech - APE + GE IInd yr. In a closecontest the final match was won by B Tech - APE+GE by set score of 3-1. Gane Ravi Kumar of B Tech, Ist yr. wasdeclared the ‘Best Player’ of the tournament for his overall performance.

Energy News I May ‘10

Participating teams of Energy Cup 2010

Energy Cup 2010 - Synergy in sports

Energy Cup 2010Score Card

ONGC Vs UPES Schlumberger vs UPES ONGC vs Schlumberger

ONGC 146/6 in 20 Overs UPES 248/4 in 20 Overs ONGC 174/5 in 20 Overs

UPES 147/7 in 17 Overs Schlumberger 158/10 in 15 Overs Schlumberger 60/10 in 13.4 Overs

UPES beat ONGC by 3 wickets UPES beat Schlumberger by 90 runs ONGC beat Schlumberger by 114 runs

Series Best Batsman - Mr. Manish Yagnik, UPESSeries Best Bowler - Mr. Manoj Kumar, ONGC

14


Mr. B. C. Tripathi,Chairman & ManagingDirector, GAIL India Ltd.,unveiled a 6’6" bronzestatue of MahatmaGandhi at the campus ofUniversity of Petroleum &Energy Studies(UPES) Dehradun.Mr. Tripathi speciallymade a visit to Dehradunto endow the statuewhich has been made bythe world renownedIndian artist, Mr. GautamPal of Kolkata.

The magnanimousgesture of “GAIL India” isin recognition of UPES being the pioneer Universitydedicated to the education in the Energy domains.

Mr. Tripathi who in addition to heading GAIL India Ltd. isalso the Chairman of BrahmputraCracker & Polymer Limited, Assamand GAIL Gas Ltd. He is also aDirector in Petronet LNG Ltd,Mahanagar Gas Ltd., andIndraprashtha Gas Ltd.

Speaking on the occasionMr. Tripathi said that he was veryhappy to visit UPES. Regarding theendowment of the statue to theUniversity, Mr. Tripathi said that itis the befitting gift which GAIL haspresented to UPES as the instituteof repute in the energy sector.

Earlier Mr. Tripathi addressed the students and facultymembers where he outlined the importance of energysector as a vital arm of Indian economy. He complementedthe faculty and the students for their contribution to thiscore sector and there by contributing to the growth of thecountry. Mr. Tripathi also planted a sapling at the campus.

The statue of Mahatma Gandhi

The statue which has been endowed by GAIL India Ltd is6’6" tall pose of Mahatma Gandhi made byMr. Gautam Pal. 60 years old Mr. Pal a noted artistfrom Kolkata has contributed to the art of sculpture in abig way. The sculpture made by him of many Indian &

foreign personalitieshave won himlaurels atvarious national &i n t e r n a t i o n a lexhibitions. Hisworks are displayedat many venues. Hehas been honouredby the PrimeMinister andPresident of India.

This particular poseof Gandhiji isadorning the place ofpride at manyvenues all over theworld which include

Acapulco (Mexico), Lisbon (Portugal), Catania (Italy), SaoPaolo (Brazil) and the office of GAIL India Ltd. New Delhi.The sculpture in larger sizes in the same pose are alsodisplayed in Moscow (USSR) and Washington (USA).

GAIL India Ltd.

GAIL (India) Ltd. is India’s largest natural gas companyhaving a market share of 79% in natural gas transmissionand 70% in natural gas marketing. Apart from natural gastransmission, distribution and processing, the Companyhas diversified business interests in LPG transmission,petrochemicals, city gas projects and Exploration andProduction activities. The Company has presence in Egyptand China through city gas projects and in Myanmar andOman in E & P. GAIL has set up a wholly- owned subsidiarycompany viz. GAIL Global (Singapore) Pte. Ltd. inSingapore.

CMD, GAIL India Ltd. honoursUPES. Endows Mahatma Gandhi’s statue

Mr. B. C. Tripathi,Chairman & ManagingDirector, GAIL India Ltd.addressing the students

Mr. Tripathi interacting with the faculty at the Aerospace Lab

Guests and UPES faculty at the unveiling of Mahatma Gandhi’s statueat UPES Campus, Dehradun


“Project Abhilasha, 2010” commenced from26th - 3rd April, 2010 was inaugurated byDr. B.K. Joshi, Former Vice Chancellor,Kumaon University and Smt. Joshi, arenowned social worker at Rajiv GandhiNovodaya Vidhayala, Nanorkhera, Tapovan,Dehradun.

Project Abhilasha, a part of corporate socialresponsibility of University of Petroleum &Energy Studies, Dehradun is an effort withan aim of building a scientific base for

engineering entrance examinations for students from the interiors of Uttarakhand who do not have coachingfacility.

Every year UPES, Dehradun select a large number of students with the support from Directorate of Education,Uttarakhand, and impart free rigorous in-house residential training for 10 days in physics, chemistry andmathematics for “AIEEE Entrance Examination” with free boarding and lodging facilities.

The selected 65 ( inclusive of 27 girls) students hail from Rudryaprayag, Chamoli, Haridwar, Champawat, Nainital,Bageshwar and Dehradun Districts.

Project Abhilasha 2010

Slected Students under Abhilasha 2010 Project

Annual “Picnic 2010” of UPES was organized at Kata Pathar,a serene spot near Kalsi about 61 kms from Dehradun onMarch 20th. The weather was excellent for an outing likethis. Nearly 400 persons including children ventured toparticipate in the picnic.

At the picnic spot the atmosphere was unmistakably carnivallike. Balloons in the trees had children pestering theirparents for some. Loud music vied with the shrill shrieks ofchildren playing. Soon everyone thronged to the Golgappaand Papri chat marquee. Many decided to wade in thewaters of the Yamuna, while others were seen strolling onthe promenade enjoying the splendor of the rapids. The

more adventurous swam, exhibiting an awesome display ofbellies of different shapes, sizes and hues !!! Anglers wereheard debating the best places to fish for mahaseer. Motherscautioned their exuberant children from going too deep intothe water.

The magic show had children hooked and they were heardasking their parents, “Usne paise kaise banaye?” Magician’s

They work hard and party hardernewspaper trick was the highlight of his show, though a bitlong drawn out. Ladies had been looking forward to playingTambola, but there was no time, hard luck ladies-willcertainly make-up next time.

Lunch was a sumptuous affair of Indian and Chinese cuisine,and a choice of salads. The pièce de résistance was the Kulfifaluda from Kumars’ and had everyone queuing up in frontof the lone frozen pot. Smart ones had double/triplehelpings - good luck to them!!

The children ‘Drawing Competition’ was held post-lunch;they were divided in two age groups - below seven and above

seven. The theme was ‘Our surroundings’ and children cameout with awesome performances. Mrs. Tewari, wife of thePVC, judged the entries and gave away prizes. Allparticipants were given tokens of appreciation. Everyonewas given a keepsake to remind them of the outing, PVCaddressed the gathering and the wonderful afternoon cameto an end, though reluctantly.


Dainik Bhaskar “B-School Leadership Awards”

State Energy Conservation Award 2009UPES won the IInd position (office building and educational institute category) in first State EnergyConservation Award 2009 for its contribution in the last three years. Award was given away by Hon. PrincipalSecretary Energy of Uttarakhand during Dec.’09 in Dehradun. Main criterion was various training programs/workshops that we conducted and few measures that we implemented in University viz. improving of andinstalling energy efficient tube lights.

In individual auditor category, our Associate Professor - Mr Kamal Bansal (BEE certified Energy Auditor) wonthe first prize for his work in conducting various energy audits, training programs and preparing technical literatureon energy conservation.

The morale is enhanced, when weget recognition from the industryand peers for the efforts that we areputting in to build a world-classuniversity. At the recently concludedDainik Bhaskar B School LeadershipAwards function in Mumbai,presided over by the HonourablePrime Minister of Bhutan, JigmeYoser Thinley, UPES was recognizedas being the ‘Best B-School withExcellent Industry Interface’. UPESfaculty Dr. Suresh Malodia wasawarded for being the ‘Best ProfessorTeaching Marketing Management’. Dr. Suresh Malodia, Professor - UPES receving the award for

‘Best Professor Teaching Marketing Management’

UPES WINStwo prestigious awards

• Best B-School with Excellent Industry Interface • Best Professor Teaching Marketing

Management

Mr Arun Jyoti - Dircetor, UPES Mumbai Office receving the award for‘Best B-School with Excellent Industry Interface’

Prof. G.C. Tiwari recieving the 2nd position award in the firstState Energy Conservation Award 2009 for its contribution in savingenergy in Office building and educational Institute Category

Mr. Kamal Bansal, Associate Professor - UPES, recieving the first prizefor his work in individual auditor category in the First State EnergyConservation Award 2009.


More than a century has passed since the Wrightbrothers took to the air for the first flight. The flightlasted a few minutes but opened up the third

dimension that has been exploited thereafter for joy,commerce, and military purposes. The initial flights werelargely experimental in nature from where technology forflight rapidly developed to a stage that allowed it to be usedto reduce distances measured in days to hours and hours tominutes. The exponential growth in people desiring to usethe air medium for pleasure or commercial aviation gave riseto the need to control the growth in the form of regulation. Regulation by its nature is meant to define a set of rules andconditions that is usually done by the Government orsometimes even private bodies and associations. As far ascivil aviation is concerned, the basic purpose of regulation isto ensure that the growth of aviation is channelized into a safeand commercially viable venture. Aviation in general operatesat a higher level of technology than most activities and thismeans high costs and associated risks that need to becontrolled and mitigated through regulation.

In India, commercial aviation started in the late 1920s,and the need for regulation was felt and this culminated inthe Aircraft Act 1934. The Aircraft Act 1934 empowered theDirector General of Civil Aviation or any other officer speciallyempowered in this behalf by the Central Government toperform the safety oversight functions for civil aviation. Thiswas to form the basis for Aircraft Rules 1937 that followed,and the Rules spelt out further methodology of safetyoversight. With the formation of the United Nations after theSecond World War, a UN body known as International CivilAviation Organization (ICAO) was formed that codified theprinciples and techniques of air navigation and was meant tofacilitate the planning and growth of international airtransport to ensure its safe and orderly growth. ICAO wenton to define standard and recommended practices for a rangeof aviation related activities as a template for its memberstates. India, being such a member state adopted thesepractices and issued its own Civil Aviation Requirements thatare publications meant for operators, pilots, maintenance andancillary personnel associated with civil aviation in India andon Indian registered aircraft. There are also other publicationssuch as Aeronautical Information Publication and Circularsthat together form the basic framework of civil aviation

Regulatory Surveillance: A mustfor airworthiness

regulations in the country, with the Directorate General ofCivil Aviation (DGCA) being responsible for the oversight. DGCA functions under the Ministry of Civil Aviation, and hasin its organization some of the best experts on flight safety,flight inspection, aerodrome standards, and airworthiness tocarry out its functions and frame policies for the safe conductof civil aviation in India.

Civil aviation broadly covers transport of passengers andcargo besides general aviation that may not use the aircraftfor direct commercial purpose. Passengers and cargo maybe carried by air operators that follow a laid down schedule(such as airlines) or those that operate without publishedschedules which are usually on a smaller scale. In all thesecases, an air operator has to apply to DGCA to be issued apermit or certificate to carry out its intended operations. Therole of DGCA is broadly two-fold. Firstly, it has to issue an AirOperator Permit or Certificate after examination of theapplicant’s qualifications to undertake the operations, andsecondly, it has to ensure that the operator continues tomaintain the requirements that led to issuance of the permitor certificate. In other words, the first stage of oversightestablishes that it is safe to undertake air operations, and thesecond stage of oversight is to ensure that the operationscontinue to be safe.

An applicant wishing to commence operations in Indiahas to first apply for a No Objection Certificate to the Ministryof Civil Aviation. At this point, a basic level of examination isdone to check if the applicant has the finances andorganization structure commensurate with Indian laws toundertake the proposed level of air operations. Once this isestablished, an initial NOC is granted and the applicant mayinitiate action to procure aircraft and develop theinfrastructure required for operations. The development ofinfrastructure involves defining and setting up anorganization and recruiting and training of suitable personnelfor the safe conduct of operations. The applicant would needto set up adequate facilities for maintenance of its aircraftand equipment. Once the applicant has put all these stepsin place, DGCA carries out a review and inspection of theorganization including facilities of operations, maintenance,safety assessment, training programs, etc. If these aspects aresatisfactory and the level of preparedness is established, theapplicant is allowed to import or acquire aircraft afterclearance from DGCA. The applicant after importing theaircraft has to provide sufficient evidence that the aircraft itintends to use are worthy of flight (airworthy), and it has therequisite set up to ensure continued airworthiness throughmaintenance organizations and programs. Personnel tomaintain and fly the aircraft need to have permission fromDGCA which is in the form of licenses for the specific type ofaircraft operated. Before a license is issued to a pilot to flythe aircraft, he/she has to complete a prescribed initial flyingand ground training syllabus that ensures a level of

Capt. Hemant Y. SawantChief Flight Operations Inspector,Directorate General ofCivil Aviation


proficiency that is deemed adequate for safe conduct ofoperations, both under normal conditions and also in theevent of failure of aircraft systems. Once DGCA is assuredthat the applicant fulfils all the requirements, an AOP is issuedthat allows the applicant to commence operations.

The second stage of safety oversight of air operations isthe continued surveillance of operators, the purpose beingto monitor that the operator maintains the desired level ofsafety. This is essentially carried out by Flight Inspectors whoconduct planned and surprise checks of operators to re-evaluate their organization, facilities, training standards andprocedures, safety precautions and procedures, besidescomplying with other provisions in the permit issued to theoperator. DGCA being the regulator lays down the recurrenttraining requirements for pilots and engineers that aredesigned to maintain the level of proficiency achieved in theinitial training. This involves mandating frequent use ofsimulators for pilots to practice emergency drills that wouldprepare them for handling failures during operations withoutaffecting the level of safety. During these continuedsurveillance activities, the flight inspectors may adopt one oftwo methods to rectify any deficiency in the operator’sstandards. If the deficiency is of a nature that needsimmediate attentions, the operator is informed to do sowithout delay failing which the regulator may take action tocurtail or even cease operations. If the deficiency is such that

it does not impact safety directly, then the operator is giventime to rectify the deficiency and confirm the same to theregulator.

The regulator also plays an important role in ensuringthat the environment for air operations such as theaerodromes, airway routes and navigation infrastructurecomply with a defined set of standards to ensure that the levelof safety is maintained. Though most of these facilities andactivities are under Government control and have their ownindependent quality assurance systems, the DGCA stipulatesin its regulations appropriate requirement of facilities suchas aerodromes and associated rescue and fire fire-fightingservices for different aircraft and scale of operations. Anadditional area of the regulator’s responsibility are the variousflying training institutes across the country which aregoverned by sets of rules and regulations dealing with theconduct of training, qualification of instructors andairworthiness of aircraft.

DGCA being the regulatory body for civil aviation in Indiaalso has responsibility to coordinate with the regulatorybodies of other states and also with the ICAO to ensure safetyof flight. Its role is manifested in developing a framework ofregulations aimed at safety and then monitoring air operatorsfor compliance with these regulations, and if neededenforcement of these regulations.

‘ENERGY 2010’ a conference on ‘Innovation, entrepreneurship and businessincubation in universities’ was organized on on 3-4 April 2010 at Dehradun campus.

Mr. Theresh Kapoor, CMD - Uttaranchal Gramin Bank inaugurated the conferenceand encouraged students to take a path of entrepreneurship and emphasized onsocial entrepreneurship.

From UPES, Dr. Neeraj Anand briefed about the concept and functioning of‘ENERGY’, the incubation centre while Dr. Parag Diwan, VC delivered his talk on‘Innovation and Entrepreneurship’. Prof. G.C.Tewari, PVC, shared his thoughts on‘Entrepreneurship’.

Prof. B. V. Phani, IIT Kanpur in his keynote address delivered a talk on, ‘Frominnovation to business: Commercializing processes with students and/or spin offs.’He emphasized on ‘3C’s – Creation, Communication and Commercialization ofKnowledge’. Mr. Kapoor felicitated Anmol Jaggi, CEO, Gensol Consultants and an alumnus of UPES with Entrepreneurship GoldMedal.

Mr. Pankaj Gupta, President, Uttarakhand Industries Association interacted with participants on the opportunities for potentialentrepreneurs. Prof. Santosh Rangnekar, IIT Roorkee shared his experience on ‘Campus Entrepreneurship’.Mr. Govind Singh, Representative, National Enterpreneurship Network (NEN) spoke on ‘Entrepreneurial opportunities in EnergyConservation’. Dr. Deepak Khanna from IBS, Gurgaon made a presentation on ‘Jugaad’ encompassing various innovations practicedin mundane life.

The other milestone is achieved by attracting more than 52 research papers from various institutes of repute including fewinternational papers for the presentation. Mr. S. P. Tripathi, GM – SIDCUL was the Chief Guest for the valedictory function, hecalled upon students to take up new ventures and generate employment opportunities for others. The conference was supportedby Uttarakhand Council Of Science Technology & Uttarakhand Handloom and Handicraft Development Council.

Prof. B.V. Phani, IIT Kanpur and Mr. Theresh Kapoor,CMD, Uttaranchal Gramin Bank inaugurating‘Energy 2010’

“ENERGY 2010” - Innovation, entrepreneurship and business incubation in universities


The Special Convocation for conferring degree to the firstbatch of International graduating students washeld on December 11, 2009. The participants, professionalsof PTTEP, which is National Oil Company of Thailand, wereawarded “Professional Diploma in Exploration andProduction” in this occasion.

Mr. Poldej Worachat, Minister, Royal Thai Embassy inNew Delhi was the ‘Distinguished Guest of Honor’ whodelivered the convocation address. Mr. AlongkornMeesuttha, HR Manager, PTTEP, Thailand, Mr. DavidSeabrook, General Manager, Schlumberger, Mr. StephenR Harrison, Marketing Manager, Schlumberger AsiaServices Ltd. (Indian branch) graced the occasion withtheir presence.

In his convocation address Mr. Worachatcongratulated the PTTEP professionals and acknowledgedthe role of UPES and ISPe in training PTTEP staff. He alsoappreciated PTTEP for promoting such initiatives toenhance their human resource.Mr. Worachat emphasized on the Indo-Thai relations andthe role of educational institutions in promoting thisrelationship. He said that programs like this willnot only provide academic and culturalexposure to the individual participants but willbring both the countries together to exploremore such opportunities.

Mr. Alongkorn Meesuttha, HR Manager,PTTEP, Thailand represented the company andcame all the way from Thailand to attend theconvocation. Addressing the occasion, Mr.Meesuttha said that “Thailand is a growing

economy and the demand for oil and gas is going up dayby day. As such, the primary goal of PTTEP is to support itshighly potential staff in enhancing their professional skillsso that they can takehigher positions in thecompany”. He thankedUPES and ISPemanagement andfaculty for their effortsto make the programan effective learningexperience for PTTEPstaff.

In his address, Mr.Stephen R Harrison(Marketing Manager, Schlumberger Asia Services Ltd.) laidemphasis on training & development and competenceenhancement. He congratulated the PTTEP graduates andasked them to practice their learning from the program intheir day to day professional life.

Mr. Likit Rerai receiving silver medal from Mr.Poldej Worachat, Minister, Royal Thai Embassyin New Delhi

Mr. Niwat Prompradis receiving gold medalfrom ‘Mr. Poldej Worachat, Minister, RoyalThai Embassy in New Delhi

Mr. Poldej Worachat, Minister, RoyalThai Embassy in New Delhi deliveringthe Convocation Address

The Special Convocation forPTTEP, Thailand

On stage at the Special Convocation: (L-R) Mr. Alongkorn Meesuttha - HR Manager, PTTEP (Thailand), Mr. Poldej Worachat - Minister, Royal ThaiEmbassy, Dr. S.J.Chopra – Chancellor, UPES, Dr. Parag Diwan – Vice Chancellor, UPES, Dr. Shrihari - Dean, College of Engineering Studies, UPES



‘UPES launches lateral Entry B.Sc. Aviation Program’ - Benefits Commercial Pilot License holdersThe Centre for Aviation Studies, hosted the Inauguration ofthe 2nd Batch of ‘Lateral Entry B.Sc (Aviation Studies) DegreeProgram for Commercial Pilot’s License Holders’ in February2010 at New Delhi.

Special Invitee to the function was Captain Hemant Y. Samant,Chief Flight Operations Inspector, Directorate General of CivilAviation, Ministry of Civil Aviation, Government of India andCaptain K. Chadha, former Managing Director, Indian Airlines.

In his address Capt. Chadhaspoke of the need forupgradation of the educationalqualifications of the commercialpilots and the resultantadvantages to them in operatingwithin their organizations as oneamongst equals at a manageriallevel. He opined that the courseoffered by UPES was the best hehad seen internationally andwas very scientifically designed.

Capt. Samant with witand wisdom completelycaptured the audienceattention and reinforcedthe message of obtaininga formal degree for careeradvancement. He alsovery graciously offeredfull support to theUniversity by agreeing tolet his team of Inspectorsfrom the DGCA bevisiting faculty to impartcontemporary aviation

industry knowledge to the UPES students and also providehelp in course design and syllabus structuring acrossprograms. He was happy to note that UPES was theonly University, not only in India but pan Asia, that offeredthe B.Sc (Aviation Studies) Degree program in the limitedresidency format permitting a pilot to pursue his studyfrom the Flight Deck or the Tarmac or even from their homes.

Capt. Hemant Y. SawantChief Flight Operations Inspector,Directorate General of Civil Aviation,addressing the students

Capt. K. Chadhaformer Managing Director,Indian Airlines addressingthe students


The 9th International Oil & Gas Conference and exhibition, PETROTECH-2010 is scheduled to be held from Oct. 31 - Nov. 3 2010. The theme ofthe conference will be ‘Global Energy Equilibrium.’

In this context, the annual convention for the Petrotech Society Chapterswas organized on 30th March, 2010 at UPES, Dehradun. A presentationcompetition on Global Energy Equilibrium between the chapters wasthe highlight of the event. Dr. Asthana and Mr. Sahu, ONGC judged thepresentations.

The Chief Guest for the event was Mr. D.K. Pande, Director (Exploration),ONGC & Vice President of World Petroleum Council (WPC), YouthForum . Also present at the occasion were Dr. Manoj Asthana, GGM(Geology), Keshava Deva Malviya Institute for Petroleum Explorationand Mr. Anand Sahu, GM (Geology) E&D Director, ONGC.

Petrotech chapters from all over the country participated with each team comprising of ten students and two facultymembers. The participating chapters were ISM, Dhanbad, Osmania University, MIT - Pune, Pandit Deendayal PetroleumUniversity, Gandhinagar and University of Petroleum & Energy Studies, Dehradun

Mr. G Sarpal, Secretary , Petrotech Society welcomed the chapters. Dr. Mandira Agarwal, Convener introduced the UPESchapter. She highlighted the activity profile of the chapter and its vision for the future. Mr. D.K. Pande delivered the inauguraladdress on the theme as well as introduced the gathering to the WPC. Ms. Sitanshu ,Geologist, ONGC gave a presentationon the “3rd WPC Youth Forum” to be held in 1st Nov. ’10 in New Delhi in association with Petrotech Society. This wasfollowed by a presentation by Mr. Ravi Kumar (IOCL) on “Options and Challenges for the Youth in Energy Sector” experiencedat 2nd WPC Youth Forum- Paris. The best chapter award was awarded to MIT, Pune. This award was judged on activitiesconducted in the past year. Mr. J. L Raina, Secretary General & CEO, Petrotech Society gave the vote of thanks.

UPES hosts PetroTech Chapter’s Meet

UPES Petrotech Chapter members with honorable guests


Papers PresentedWorkshops/Seminars/Conferences

Mr. I. Krishna Murthy, Assistant Professor, CMES, UPES attended a National Conference on InformationManagement in Knowledge Economy organized by University School of Management Studies - GuruGobind Singh Indraprastha University, Delhi Jointly with Institution of Electronics and TelecommunicationEngineers (IETE), Delhi Centre & Computer Society of India (CSI), Delhi Chapter alongwith TechnicalPartner: IEEE Computer Society Delhi Section on Saturday, March 20th, 2010.

In the conference Mr. I.Krishna Murthy participated and presented a paper on “Data Mining-StatisticsApplications: A key to managerial decision making”. The full research paper was published in theconference proceedings through a book titled “Knowledge Management” of MACMILLAN (MacmillanPublishers India Ltd.)

I.Krishna Murthy

G. Saradha Devi, Doctoral Research Fellow, UPES attended a national level conference on November 13,2009 organized by IICHE-Kanpur Regional Center on Enabling Technologies for Chemical ProcessIndustries with special focus on Best Practices in Process Modeling and Technical Training & TechnologyAppreciation Program(TAP), wherein she presented a paper on “Multi-Objective optimization of RefineryProcesses using Genetic Algorithm”.

Ms. T. Anupama, Assistant Professor, CMES, UPES and Ms. D. Swathi Devi,Lecturer, COES, UPES attended an International Conference on GreenTechnologies for Greener Environment (GTGE-2010) organized by ChaudharyCharan Singh University, Meerut.

In the conference Ms.T.Anupama Participated and presented a paper on “MakeIt Green” – An Article on Pursuing Clean Energy Business in India.

In the same conference Ms.D. Swathi Devi Participated and presented a paperon “Creating Blue Ocean in Oil and Gas Exploration & Production WasteTreatment Management in India”.

D.Swathi Devi

National Meet for Research Scholars in Mathematical Sciences (NMRSMS)A five day “National Meet for Research Scholars in Mathematical Sciences” wasorganized by DST at IIT Roorkee during Dec’09.

This meet was sponsored by department of Science and Technology (DST) withthe primary objective of giving insight knowledge to the research scholars onComputational Mathematics and Research Methodologies

The faculty members Ms. Shweta Sachdeva Arora, Assistant Professor, COES,Mr. Pavan Kumar Pannala, Lecturer, COES and Ms. Geetika Sharma, Lecturer,COES, UPES participated and presented following papers “A MathematicalApproach to Solve Inventory-Distribution Problem”, “Some Extension Theoremson Zeros of Polynomials” and “Developments in Linear Fractional Programming”,respectively.

Ms. Bhawna Yadav Lamba, Assistant Professor, COES, UPES have been Awarded Doctorate degree on3 th feb 2010 on the topic “Preparation and characterization of biodiesels from vegetable oils forautomotive application” from H. N. B. Garhwal University, Srinagar.

One paper of Ms. Bhawna Yadav Lamba have been Published in Germany Oil and Gas Journal entitled-“Preparation and Characterization of Biodiesel-diesel fuels blends-experimental investigations”

Geetika Sharma

Shweta Sachdeva Arora

G. Saradha Devi

T.Anupama

Bhawna Yadav Lamba

Pavan Kr. Pannala


University of Petroleum & Energy Studies in its quest toincrease its reach into the Middle East and gulf areaparticipated in the special convention organized by theMiddle East Indian Management Association (MIMA)on April 11, 2010 held at Qatar.

Dr. Parag Diwan, ViceChancellor of the universitydelivered the keynote address atthe convention. Speaking on theemerging world order andmanaging challenges, Dr. Diwanfocused on the considerablegrowth that is envisaged for theBricsam Bloc, made up of Brazil,Russia, South Africa, AseanStates and Mexico in the next four decades. Dr. Diwanadded that these countries could well become the mostdominant economies by 2050.

Also present at the convention were H.E. SheikhAbdul Rahman Bin AbdullahAl-Mahmoud, recipient of thePadma Shri Award, conferred bythe Government of India in 2006,Mrs. Deepa Gopalan Wadhwa,Ambassador, Embassy of India,Mr. Juma Ismail A. Al Boenain,former Director Administration,Qatar Petroleum, Mr. BowmanHeiden, Innovation Director,Qatar Science & Technology Parkand Dato’ Mohammed ShahrulIkram, Ambassador, Embassy ofMalaysia, Mr. Nizar Kochery,President, MIMA, Mr. M.A.Salim, President, Qatar IndianManagement Association(QIMA) and Mr. Kumudu Fonseka, President,Sri Lankan Management Association (Qatar).

The convention was attended by more than 100members of the MIMA, QIMA and the Sri LankanManagement Association. Also present along withDr. Diwan was Mr. Vikas Narula, Dy. Director

VC addresses MIMA convention at Doha Qatar

Dr. Parag Diwan,Vice Chancellor, UPESaddressing at the conference

UPES earns AIU membershipAIU has approved the membership of UPES w.e.f 14.11.2009. This will entitle UPES to various priviledges like participation inInter-university sports, library and information services including subscription to University News, assistance in recognition of degrees,a platform for information exchange between the Universities.

(Marketing) as a part of the University delegation.

University delegation also participated in the 5th AnnualHR Strategies in Oil, Gas & Petrochemicals 2010 fromApril 12-14, 2010 also held at Qatar.

The conference discussed the transformation of the HRfrom a traditional function to a strategic function in thecompany’s bottom line. With markets showing signs ofrecovery and more and more projects coming on board,HR now has to deal with the post recession challengesand layoffs, by sourcing new talents and making themthe future leaders in the oil, gas & petrochemicals sector.The conference also put a spotlight on nationalizationand developing local talent to match internationalstandards.

Dr. Diwan also spoke at the conference covering theimportant topic of “developing institutions to nurtureindigenous talent”. The presentation was focused on themajor Oil & Gas activities, investments, challenges

faced, need for development , local talent and need fora domain special institution in the Middle East andNorth African (MENA) region.

Conference also had a concurrent exhibition takingplace where the university exhibited its various serviceofferings.

from left to right: Mr. Kumudu Fonseka, President, Sri Lankan Management Association (Qatar), Mr. BowmanHeiden, Innovation Director, Qatar Science & Technology Park, Mr. Juma Ismail A. Al Boenain, former DirectorAdministration, Qatar Petroleum, Mr. Nizar Kochery, President, MIMA, Mrs. Deepa Gopalan Wadhwa, Ambassador,Embassy of India, Dato’ Mohammed Shahrul Ikram, Ambassador, Embassy of Malaysia, Dr.Parag Diwan, ViceChancellor, UPES, Mr. M.A. Salim, President, Qatar Indian Management Association (QIMA)


ISPe Partners with Punjab State Electricity Board (PSEB)ISPe has successfully conducted a series of training programs on various technical areas of thePower sector for the prestigious Punjab State Electricity Board.

A series of technical programs in the areas like Energy Conservation and Energy Auditing wereconducted at 3 different Power plants of PSEB viz. Guru Gobind Singh Super Thermal Plant (Ropar), Guru Nanak DevThermal Plant (Bathinda) and Guru Hargobind Thermal Plant (Lehra Mohabbat).

ISPe strengths its foray into KeralaOver the years, the Kerala State Electricity Board (KSEB) has grown many times to reach the presentposition catering to the demands of the industrial and domestic consumers, whose per capitaconsumption has shown a significant increase due to industrialization and increased usage of electrichousehold goods, improved economy etc. Consecutively for the 2nd year ISPe is conducting a SixSigma Green Belt Training Program for KSEB. ISPe is conducting 2 parallel batches i.e PowerDistribution Group and Power Transmission Group.

ISPe Motivates Numaligarh Refinery Limited (NRL)ISPe is conducting a training program on ‘Motivation skills for Management Staff’ of NRL at SiliguriMarketing Terminal. The program talks about various interesting areas like:

· Removal of mental road blocks, · Breaking self-limiting beliefs,· Self-confidence - A force multiplier for motivation, · Effective communication, goal setting,· Importance of team player, constituents · Ethics and values, the major cementing

for motivation

The program was a great success and was very well appreciated by the participants as well as the management. Duringthe course of the program to upkeep the interest of the participants they were made to play various motivational gamesand also roles to plays.

ISPe goes GlobalISPe Collaborates with Caledonian College, OmanISPe and Caledonian College of Oman have joined hands to offer competency enhancement programs for thenational of Oman in the areas of Energy Conservation, Clean Development Mechanism, Gas Transmission,Distribution and Storage, Port Development, Pipeline Transport System.

Caledonian College have led the way in imparting innovative, creative and environmentally-aware learningexperience for younger generation who will take part in the continuous process of building this beautiful nation.

ISPe Collaborates with Rusayl Institute LLC, OmanISPe enters into an agreement with Rusayl Institute to offer its excellent training services to assist theOil & Gas industry in Oman to be more productive in variety of way.

ISPe and Rusayl will jointly develop a workforce for the companies in Oman, and will developopportunities for Omani citizens.

ISPe News

UPES Blood Donation

repeats Record Breaking

Blood donation in full swing

I send my felicitation to all students of UPES said former DG NSG

Col (Retd) AK Arora, Managing Director, IMA blood Bank handing over a certificate of honour to PVC

Mr Arun Dhand Proctor UPES at a function organized to honour major contributing organizations by Indian Medical Association Blood Bank

A three days blood donation camp was organized at the campus from April 6-8, 2010. The students, faculty and staff came forward in large nos to donate blood. It was a record collection of 1214 units of blood which when converted amounted to 425 liters of in valuable human blood.

IMA blood bank of Dehradun confirmed this as the highest volunteer institutional blood donation in the regions of Uttarakhand and Western UP. The contribution of UPES at this camp is higher than the earlier record of 2009 held by 14th Division of the Indian Army.

This year camp was personally led by Prof G.C. Tewari PVC and Mr. Arun Dhand Proctor who created example by leading from the front. The unrelenting team of Dr. Sheetal Khanka, Manish Madaan, Ashutosh Dora and Anant Mishra provided excellent support.

UPES has been regularly holding annual blood donation camps. The Indian Medical Association Blood Bank of Dehradun had complimented the University at a two days national seminar held last year. Donating blood has become a passion with the students and members of faculty of UPES. The annual blood donating camp has become synonymous to the noble cause over the years.

The seminar was attended by eminent speakers and officials of Indian Medical Association on the needs of strengthening the arrangements of blood donation. Mr. Arun Dhand Proctor who had earlier been honoured as a motivator and ambassador of the Indian Medical Association Dehradun was invited to speak at the seminar on “Perspective of a Voluntary Blood Donor”.

Similarly in 2008 the then Director General National Security G u a r d h a d c o m p l i m e n t e d UPES for donating 302 liters of blood in-sync with the sense of belonging w i t h t h e h i g h s t a n d a rd o f t h e

security forces specially of NSG in wake of terror attacks in Mumbai.

Year Units donated Converted in liters No. of Donors2007/08 266 88 3502008/09 850 302 9002009/10 1214 425 1550

Corporate Office:Hydrocarbons Education & Research Society

3rd Floor, PHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi-110 016, IndiaPh: +91-11-41730151-53 Fax: +91-11-41730154

Main Campus:Energy Acres, PO Bidholi Via Prem Nagar, Dehradun-248 007 (Uttarakhand), India

Ph: +91-135-2102690-91, 2694201/203/208, Fax: +91-135-2694204

Email: [email protected] URL: www.upes.ac.in

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