USA-India Energy Initiatives

1. Setting The Framework
WHY
We need to Accelerate
USA- India
Sustainable Energy Initiatives
Is Colorado the right place to start?
Probir Ghosh
President, CEO & Ambassador, invVEST

2. 60 CHINA DOMINANT SCENARIO
2050 Global GDP ~$160T
55 USA EU 5 China 32%
PROGNOSIS: UNSUSTAINABLE
Of Global GDP
50
Are we heading this way? 3.0%
We may fare even worse,
45 China Japan
40
35
If we do not transition fast……
India
Many like Jim Collins, 2.25%
5.0%
30 Ariana Huffington ,
25 Fareed Zakaria 1%
USA 16%
seem to think so … 1.5%
1%
20 EU5
2.5% 7.0%
15 USA 25%
India 9%
4.0%
10 8% 5.0% Japan
China <9% 6%
5
8%
India<3%
0
GDP $T 2010 2020 2030 2040 2050
invVEST Proprietary

3. 60 CHINA DOMINANT SCENARIO
60 BALANCED POWER SCENARIO
2050 Global GDP ~$160T
55 USA EU 5 China 32%
PROGNOSIS: UNSUSTAINABLE
Of Global GDP 2050 Global GDP ~$200T
50
45 China Japan 3.0% 55 PROGNOSIS: SUSTAINABLE
40
USA EU 5
35
30
India
5.0%
2.25%
50
USA 16%
25 1%
20
1.5%
1%
EU5 45 China Japan USA 22.5%
2.5% 7.0%
15 USA 25%
India 9%
10 8% 5.0%
4.0%
Japan
2.25% China 21.5%
5
China <9%
India<3%
8%
6%
40
0
GDP $T 2010 2020 2030 2040 2050 India
3.0%
HOW? 35 2.5%
30 India 14.5%
In the next 20 years: 25 3.0%
4.5%
6.0%
EU5
3.5%
20 6.0%
Energy Transition
15
is a $80 -$120 7.0%
10
Trillion Opportunity, 7.5%
9.5%
Japan
Globally. 5
8.5%
0
GDP $T 2010 2020 2030 2040 2050
Global Leadership in Energy Transition will be the critical
component of overall Global Leadership for this century.
Without Rapid Energy Transition, the world faces unprecedented
3 global crisis that may end civilization as we know it.
invVEST Proprietary

4. China, USA & India GDP PPP as per Economic Watch*
35,000,000
China potential bubble poppers:
 not transitioning to SEI in time
30,000,000
United States  undervalued currency
China  low/no cost financing stress
India  working age
25,000,000  oppressive conditions
 Cultural/Political revolution?
India‟s main challenge:
20,000,000
 Inclusive (Equitable)growth
 Infrastructure, starting with energy
 Regional Instability
15,000,000
India ramps up to
USA
China PPP GDP @ 10%/yr, next 2 decades
10,000,000 Crosses USA by 2012
Dominant China ERA?
India @ 8%
continued growth
5,000,000 India
China
US $
Millions
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 * 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
USA economic growth is sustainable only if we generate increasing
4 Equitable trade from emerging economies, especially China & India
invVEST Proprietary

5. Imports 274,664 2010
from 230,838
Canada 69,006 2000
Exports 249,293 1985
to 178,941
Canada 47,251 Canda is the largest trading partner with USA
although China became the largest importer to USA by 2008.
Imports 148,172
from 67,090
22,801
OPEC OPEC imports are dominated by Oil
when Oil spiked in 2008, OPEC imports jumped to $240B
Export 54,035 USA is venerable to Oil dependencies, so is India (even more so)
19,078 and China. If China & India follow USA model as they develop,
to OPEC 12,478 increased Oil demand will put upwards pressure on Oil prices.
Imports 369,142
From 100,018
China 3,862 in 25 years from 1985 to 2010
Imports from China to USA grew 95 times
91,158 while imports to China grew only 23 times
Exports creating huge trade imbalance issues.
16,185
to China 3,856 With GDP based on PPP ($15 Trillion) crossing USA by 2012
Will China become the dominant Superpower by 2030??
Imports
from 10,687
29,798
Trade with India has been historically low USA Historic Trade Dynamics with
India 2,295 As India opens up its ecomonies and addresses
its infrastructure issues, to grow at the aspired
Canada, OPEC, China & India
9- 10% per year for the next two decades Reference: EXIM Bank (Dec 2010 is estimated by invVEST)
Exports 19,113
India will potentailly become the third largest economy
3,667
to India 1,642 by 2025. Countries & entities that understand the Indian economic needs
can significantly grow their trade with India.
- 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000
US $ Millions
We are importing much more than we are exporting
5
invVEST Proprietary

6. 2001 Colorado Exports to World Region Total $6,125 M 2001 Colorado Exports to Asia Total $2,342M, Country figures in $M
Region figures in $M
Other, 366 , India, 24 , 1% China, 169 ,
6% 7%
Asia, 2,342 , Other, 617 , 26%
38%
N America, Japan, 765 , 33%
1,482 , 24%
Taiwan, 152 , 7%
Europe, Hongkong, 262 ,
11%
1,936 , 32% Malaysia, 228 ,
Thailand, 47 , 2%
Exports to China & India are growing Phillipines, 79 ,
10%
World Exports grows by 9% 3%
But Colorado Exports to Asia Total $2,091M, Country figures in $M
2010 Colorado Exports to World Region Total $6,670M 2010 imports are growing faster>>>
India, 102
How Do We Reverse The Trend?
Region figures in $M
Other, 776 ,
12% Asia, 2,091 , , 5%
31%
Other, 369 , 18%
China,
N America, 557 , 27%
2,190 , 33%
Taiwan, 156 , 7%
Hongkong, 140 , 7%
Thailand, 62 , 3%
Europe, Japan, 318 , 15%
Phillipines, 211 ,
1,613 , 24% 10%
While Exports to Asia shrinks by 11%
Malaysia, 175 , 8%
invVEST Proprietary

7. 2030 170,979
169,730
2020 68,992
59,776 Focus on Next 4 Years for Specific Engagements
42,644
2014
36,563 STRETCH TARGET:
$500M Colorado Export or
2013 38,944 ~1.4% of USA Exports to India
29,486
Energy related exports to India
2012 35,729
can be more than 25%
23,589
HOW? with focused teams that
32,629
2011
21,024 Learn to Adapt to Indian Environment
2010 29,798
19,113
$102M Colorado Export or
10,687 0.5% of USA Exports to India Imports from India
2000
3,667
Exports to India
1985 2,295
1,642 USA India Trade Desired Scenario
- 7 $M 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000
invVEST Proprietary

8. vs. India
58.6 Projections
Historic data
In the next 20 years China will
still add 40- 80 Quads,
India
TERI
High
BAU Case
29.3
USA
but so will India
Old Paradigm:
invVEST SEI fosters
Responsive Growth
Can the USA leverage these markets?
TERI, IEA
China Energy Growth fueled 7% GDP Ref. Case
By Coal based Energy Scaling
70% of net new installs IEA Low Case
globally last decade
EIA Ref. Case
CHINA New Paradigm:
5.86
India Growth fueled by Massive
INDIA SEI* based Energy Transition
Tkwh
8 * SEI: Sustainable Energy Initiative
invVEST Proprietary

9. Sizing The Sheer Scale & Vital Stats for India‟s Energy Needs
RES(MNRE) Actual Generation 2010 -11 MU
29,099
3%
Hydro
2010-11 Total Generation: 835 B KWH
114,296
14%
Nuclear
26,285
3%
105% growth
Diesel
6,649
13.5% apr
1%
Gas
33,246
2016-17 Total Generation: 1,715 B KWH
4%
RES(MNRE) Ideal Generation 2016-17 MU
Coal
625,019
95,564
75% 6%
113 GW Thermal,, 5GW Nuclear, Hydro
38 GW Hydro, 18.5GW RE Installed Nuclear 182,634
Total 174 GW 69,222 11%
4%
A Few Indicators: Diesel
1,576
0%
Tata Power Installed Capacity
2010 - 3 GW
Gas
2017 – 25 GW 71,627
4%
Coal
2017 Energy/Capita 1,294,996
75%
India : 1,320Kwh
Colorado : 10,908Kwh 208 GW Thermal,8 GW Nuclear,
60 GW Hydro, 27 GW RE Installed Total 323GW New 149 GW

10. Sizing The Sheer Scale & Vital Stats for India‟s Energy Needs
1 Trillion Kwh = 135 x 1GW Power Plants, or 1 Gigaton of CO2 from coal plant @85% plf
Solar Current Technologies @5acres/MW, 1 Trillion Kwh = 3.3 Million Acres
25
Sustainable Energy
12% Dynamic 1
Biomass Non-Commercial Energy Reduce Fossil
20 9%
Energy use
Fossil Fuel Energy
Key Take Away:
Energy Efficiency & >23%
Fossil fuel based energy
15
Conservation
grows two times.
4X
79% 12% Even if India adopts
increase
10
Stretch Energy Transition
2X
3% increase Plan invVEST Proposes:
<65%
5 28%
23% USA
5.7% world 69%
Opportunities to USA?
0
Trillion Eff. & Conservation
2010 4 T Kwh ~ 4 Gigatons CO2
Kwh Eq. 2030
BAU Dynamic 2 Equivalent to:
-5 Energy transition will create exciting
Increase Not having to build
business & job opportunities globally.
Energy Eff. & 540 x 1 GW coal plants eq.
India‟s sheer size of energy growth 2030
Conservation 10
Creates a $4-6 Trillion Opportunity invVEST Stretch invVEST Proprietary

11. Some New Paradigms to Consider:
If Energy is clean, economical & abundantly available,
we will use energy in ways we have never imagined before and
energy usage & markets will grow exponentially.
India‟s lack of Fossil Based Energy Infrastructure compared to Developed Countries
& China gives India a serious advantage to disruptively transition to Clean
Sustainable Self Reliant Energy. India needs to seize the moment.
The 800 million plus Rural and Urban poor in India who have no or limited energy
access adopt energy efficient usage instead of mimicking developed country
(especially USA) extravagant energy usage patterns.
When the Market Matures the focus rightly should be
on getting a larger share of the pie
When the market is emerging, the focus should be on making the pie exponentially
bigger. Multi-disciplinary collaborations are key enablers
“Coopetition”: Brandenburg & Nalebuff
India Transformed Telecom with disruptive change
Can we do the same with Sustainable Energy Transition?
11
The Situation Analysis produces many analogies….

12. CAN SUSTAINABLE ENERGY DISRUPTIVELY TRANSITION IN THE NEXT 20 YEARS FOR INDIA
LIKE THE TELECOMMUNICATIONS INDUSTRY DID IN THE LAST 20 YEARS? A FEW ANALOGIES
TELECOMMUNICATIONS TRANSITION SUSTAINABLE ENERGY TRANSITION
20 YEARS AGO 20 YEARS FROM NOW
In 1990, land line based telecommunications was under sever stress In 2010, fossil fuel based energy is under severe stress
Phone connections were overloaded, less than 50% made connections. Energy systems overloaded, 10 -15% shortfalls, rolling blackouts/brownouts.
Today, thanks to cell phones, connections are taken for granted, leading to Can we transition to abundant sustainable energy systems that can be clean
exponential improvement in connectivity & productivity. and available on demand by 2030? Imagine what it can do to productivity.
Rural India in many areas still do not have basic power connections. Families
There were almost no phone connections in the rural areas. Today cell phones use chulas that cause serious health problems leading to death. Women &
are ubiquitous. India has 400 M+ cell phones that are growing at the rate of children spend increasing time collecting firewood and cow dung, main cause
8M+ a month because they are affordable even to the rural and urban poor. for illiteracy and low potential for earning a living.
Cost of owning a phone & long distance costs were very high. Today with a Energy costs are out of reach for most rural and urban poor. Like cell phones
portfolio of choices and competition, ownership costs are low and long distance when they first came out, solar energy costs are high, but can be brought down
costs are low and even free (Skype, Google). Choice, technology & scaling exponentially with a comprehensive scaling & technology strategies. Can
brought prices down exponentially. energy become ubiquitous for all?
India's phone systems were ancient to aging. Today, India's cell phone
technologies(at least on the application side, we are lagging in manufacturing) The Energy infrastructure is ancient and aging, and cannot be extended without
are the best in the world, and our rural adaptations are unique innovations a major overhaul. Can we adapt sustainable energy technologies that are
customized for India. innovated in India and/or customized for India's specific needs?
Can we plan for off grid energy applications and possibly avoid the last mile
issues? Unlike cell phones, which had very little dependencies, issues may be
Transitioning to cell phones bypassed the last mile issue that lead to explosive more complex here. Create model 2020 vision urban & rural sustainable
growth. energy communities. Learn, improve & replicate enmass.
In 1990, less than 5% of the households were connected by phones. Lack of
existing infrastructure actually turned out to be a huge plus as India & its
India's lack of fossil fuel based energy infrastructure compared to developed
companies did not have to fight the battle to replace existing services, contracts,
countries and even China may turn out to be the single largest enabler to
infrastructure. This was the single biggest reason for explosive growth.transition to new sustainable energy paradigm.
Land telephone lines were an eyesore, messy and were prone to illegal Fossil based Energy as we know today, is considered a dirty word and is
tapping, and was a maintenance nightmare. Cell phones bypassed all theseharmful to the environment. Clean Sustainable Energy, locally available
issues. abundantly, can be used in ways we have not imagined before.
in 1990, Telecommunications was totally govt.controlled and not open to local
Energy is still primarily in Govt. control. Private and global competition will bring
and global competition. Global competition improved quality brought prices
the best technologies, and like before, Indian innovativeness and enterprise will
down and scaling increased market size dramatically. find ways to provide the best at the lowest costs.
Telecom & IT Industry transformation have generated hundreds of Transition to clean sustainable Energy will generate 4 Trillion in
Billion dollars in revenue stream and employs 10's of million people. revenues and provide means for employing 100's of million people.
Energy is the lifeblood for growing India's future economy. Massive
Today, Telecommunications is one of the most vibrant industry in India. Scaling of SEI (Sustainable Energy Initiatives) that lead to clean,
One can make a similar case for information technology services. Both ubiquitous and economically viable energy solutions can transform
initiatives will be key components of a successful energy transition to India into a bonafide global powerhouse and dramatically improve the
clean sustainable self reliant energy for India. quality of life for the masses.
12

13. invVEST in Energy that’s Sustainable through
Virtual collaborative Teams
Probir Ghosh
Visit us at
www.invVEST.org
It’s in
Our Vision: our hands!
“Imagine a Handoff,
Clean Sustainable Energy
Fueling our economy, curing our environment…
Securing Our Children‟s Future.

14. invVEST Purpose/Mission:
Enable Global Leadership through Massive Scaling of SEI*.
USA & India must generate at least 35% of it‟s energy from SEI by 2030:
 For USA to retain global leadership and maintain sustainable growth,
 For enabling India to grow sustainably & become a legitimate global leader.
Promote Joint Energy Initiatives between USA & India 2011- 2012 Focus
invVEST** is structured as nonprofit technology neutral apolitical organization
that promotes Sustainable Energy Initiatives(SEI)
by creating a strong network of Virtual Collaborative Teams.
* Sustainable Energy Initiatives.
** invVEST stands for: invest in Energy that‟s Sustainable
14 through Virtual collaborative Teams

15. invVEST Unique Differentiator: Defining Strength of SEI Index: (Sustainability Energy Initiatives)
SEIMPAT: (SEI Matrix Portfolio Assessment Tool) Uses 6 criteria to measure & index the strength of each SEI.
The index of 0 means worst, 10 means best. For a more detailed assessment, please contact invVEST.
SEI Traits Sustainable? Reducing Energy
0-10 Massive Carbon LCOE Energy
Dependence on
Side Job
Vertical Clusters Scalability in Footprint or Dependency
one Region or Effects Creation
future Carbon FootPrint PPI slope Source Side Effects Job Creation
Energy Efficiency &
The Glue: Smart Grid “Intelligent Energy on Demand”
Conservation Cluster
There is no silver bullet…
Convergence of Energy, IT & Telecom Technologies
Solar Energy Cluster
Wind Energy Cluster
Geo Thermal Energy Cluster We need to leverage our
Bio Fuels Energy Cluster
Biomass Energy Cluster whole portfolio of energy options
using the sustainability index to help
Nuclear Energy Cluster
Hydro Energy Cluster
Other Sustainable Energy
Cluster
Energy Storage Cluster
Fuel Our Economy
Energy Transmission Cluster
Energy Transportation and
infrastructure cluster. Cure Our Environment
Coal Energy cluster
Oil Energy cluster
Gas Energy Cluster
Secure Our Children’s Future.
If the energy source does not have high scores on each these six criteria,
it may not qualify for SEI, but it may still be a renewable energy source,
or may qualify as a bridge energy source.
invVEST Proprietary

16. USA-India Energy Transition Initiatives India Energy India Trip 3 AREDAY
MILESTONES UNTIL NOW Transition May „10 Aspen CO
VSNI Energy Framework Meetings: Bridge to
Advisory Research Position Paper Sam China &
IIT‟79 DU MBA India Panel
Services & Advisory Jan „10 Others
Thermax STK, CO Jan „09
B2K 1stMeeting India Trip 1 India Trip 2 India Trip 4
‟79 – ‟87 Transition „04 – ‟07 Jan „10
In Basement April „10 Oct/Nov „10
Energy Outsourcing On Energy Keynotes @ Presented @
Systems Lessons Center Keynotes @
Transition IISc DIREC (10,000 delegates)
Fossil Learned IIT KGP
Strategy PETROTECH PANIIT (4,000 delegates)
BioMass Core Competencies PES
& Roadmap PETROTECH (6,000 delegates)
Energy Audit “And” IOCL R&D Conf.
invVEST Meetings: EIL
Efficiency Stretch Goals
Virtual Teams as nonprofit Key Meetings: MNRE Meetings:
Coopetition conceived MNRE CII Planning Commission
TATAs IIT Universities
Kalyani Grp Others Media
BHEL Govt.
Others Public & Pvt. Entities
Media: Media:
Bus.India Several journals
Indian Express 1 ON One Interview
Energy Transition
Lok Sabha, National TV
So far, invVEST has laid the foundation to establish strong credibility and networked connections in India
in Energy & Education Sector, creating an opportunity for Colorado & USA based entities to develop
16
numerous specific business opportunities that will be mutually beneficial for all involved
through dedicated teams & funded programs.

17. Has participated in many major conferences and has interacted with 100‟s of key Thought Leaders
from Govt., Public and Private Sectors, NGOs & Institutions involved across the energy spectrum….
DIREC Multi-stakeholder Panel: PANIIT Renewable Energy: Policy & Strategic Direction Panel:
L to R: Probir Ghosh, CEO invVEST; Dr. Harish. Hande, MD Selco; Dr. Jeremy Leggett, Chairman, L to R:Dr. Anupam Madhukar, Preofessor,USC; Mr. Pradeep Mathur, MD Cybermedia; Dr. Avinash Patkar,
Solarcentury; Mr. A Correa do Lago, Director, Dept of Energy, Brazil; Dr. Sunita Narian, Chief Sustainability Officer, TATA Power; Mr. P C Ranakawa, Minister of Power, Sri Lanka;
Director, Center for Science & Env.; Mr. David Hale; President, College of Atlantic; Mr. Mark Radka, Probir Ghosh, CEO invVEST; Mr. Rajiv Sarup; HCL
Chief of Energy Branch, UNEP, Dr. David Renne‟, President, ISES & Principal, Project Leader NREL
17

18. Arjun Malhotra: Chief Mentor, invVEST.
i
n Chairman & Founder: Headstrong, Co-founder HCL, now $3B Plus Organization.. Chair,TiE Global, BOD Co-Chair, PAN IIT Alumni. Board of
Governors: IIT KGP foundation; ISB, Hydrabad; Mr. Malhotra studied at The Doon School, Dehradun, IIT, Kharagpur, B.Tech. (Hons.) in
v Electronics & Electrical Communication Engineering, Advanced Management Program at Harvard Business School. Mr. Malhotra was
V awarded the Albert Einstein Technology Medal for 2001.
E
S Subir Das: Managing Director, India Initiatives, invVEST.
T Mr. Das is a Chartered Accountant with over 28 years of experience in India. He was the C.E.O. of a large Plantation Company in India. Subir’s special
interests lie in providing solutions to Policy, Regulatory, Legal framework & Funding for Sustainable Energy initiatives in India.
I Mr. Das is well versed in India’s Energy Initiatives such as National Solar Mission; Biofuels and Biomass based energy; with access to MNRE,CERC & many
other Energy related Entities. Subir graduated from St. Xavier’s College, Calcutta and is a Member of the Institute of Chartered Accountants of India. Subir
N is a Board Member with several Public Sector Companies as their energy advisor for new ventures, mergers , JVs, and acquisitions.
D
I Anand Kumar: Board of Advisors, India Initiatives, invVEST.
A Anand Kumar has over 36 years of experience, most recently as Director (R&D), IndianOil Corporation Ltd. His experise lies in oil refining,
refinery planning, optimization, operations management, modernization, revamping, technology evaluation, selection, project management,
R&D, development, demonstration & commercialization of technologies, business process re-engineering, change management,
T transformation & turnaround, innovation, environment, safety. He has over 40 published papers, several awards and 11 patents to his credit..
E Anand Kumar has a B.E. in Chemical Engg, FAIMA. Board Member, Trustee of several Organizations & Universities.
A Abhay Nalawade: Board of Advisors, India Initiatives, invVEST.
M
Abhay Nalawade is the Managing Director of EcoAxis Systems Pvt. Ltd. which provides a machine-to-machine (M2M) technology platform for
control, continuous remote has monitoring and analytics for energy (heating, cooling and power), water, and waste water systems, and CDM
M projects. Prior to this, Abhay was the CEO & Managing Director of Thermax.. Abhay Nalawade graduated in Physics and has an MBA from
E Pune University. He also completed a program in Management Development from Harvard Business School. He is a Board Member with
several Private Sector Companies.
M
B Dr. Ashok Jhunjhunwala: Board of Advisors, India Initiatives, invVEST.
E Dr. Ashok Jhunjhunwala teaches at IIT, Madras, where he leads the Telecommunications and Computer Networks group (TeNeT). This group
R works with industry in the development of technologies relevant to India. Prior to this, he was an Asst. Prof with Washington State University.
Dr. Jhunjhunwala is on the Board of Directors for State Bank of India, TTML, Polaris, 3i Infotech, Sasken, Tejas, IDRBT, Tata Communications
S and Exicom. He is member of Prime Minister’s Scientific Advisory Committee (SAC-PM). Dr.Jhunjhunwala received his B.Tech degree from
IIT, Kanpur, and his MS and Ph.D degrees from the University of Maine. Dr. Jhunjhunwala was awarded the Padma Shri honor in 2002.
S
Samiran Gupta: Founding Ambassador, Delhi, India Initiatives, invVEST.
A
M Mr. Samiran Gupta is the founding Ambassador for invVEST Delhi. He with his company Access India Advisors Limited work closely with
invVEST to build a network of thought leaders and promote an ecosystem for collaborative efforts between NGOs and Government,
P Companies, Professional Bodies, Educational and Research Institutions, for massive scaling of SEI: Sustainable Energy Initiatives that
L embraces long term inclusive growth for India to emerge as a global leader in the foreseeable future. Samiran has a B.COM from Calcutta
University and an MBA from St.Josephs. University.
E
A more detailed list of invVEST team members and their area of expertise can be found at www.invVEST.org

19. i Dr. Rajan Kapur: Director USA & India Initiatives. invVEST Ambassador, Solar Energy.
n Dr. Rajan Kapur started his career in custom chip design at AT&T Bell Labs. He continued in chip and system
development in display technologies and consumer electronics at start-ups and mid-sized companies. Dr. Kapur is an
v alumnus of IIT Kanpur, Rice University, and the University of Texas at Austin.
V
E Michael Miller: invVEST Board of Advisors. Renewable Fuels.
S Mike Miller has 30 years of experience in leading multi-nationals such as BP, Castrol, PepsiCo and Ford. Miller
T spent the previous decade, in Europe and Asia, leading large, cross-functional petroleum teams in complex
cultures and demanding environments. He was the first American appointed to an overseas CEO spot by
Burmah Castrol plc. Miller holds a MBA from the Harvard Business School and has a B.S. in Business
U Administration from Northeastern University
S
A Dr. W.S. Sampath: invVEST Ambassador, Solar Energy.
Dr. Sampath is Associate Professor in the Department of Mechanical Engineering at Colorado State University, Fort
Collins, Colorado. He graduated from IIT, Madras in 1980 and has been with CSU since 1985. He is a member of the
T National CdTe R & D Team sponsored by the Dept. of Energy. The research on improving the manufacturing of CdTe
photovoltaics has been the main focus of his research since 1991. The research has been supported by NSF, DOE, EPA,
E USAID, UN-ICS and Industry. The research is being commercialized by Abound Solar.
A
M Vinod Kumar: invVEST Ambassador: Energy Storage, Alternative Energy Transportation.
Vinod’s specializes in the transportation sector and in the promise of electric and fuel cell driven vehicles. Vinod has a
B. Tech., Mechanical Engineering, Indian Institute of Technology (IIT), Kanpur, India; MS, Mechanical & Aerospace
M Engineering, University of Notre Dame; MSE, Mechanical & Aerospace Engineering, Princeton University; MS,
E Statistics, Iowa State University; MBA, Cornell University. He has worked for General Motors (US) since 1994 in the
M field of Hydrogen Fuel Cells and Battery packs for automotive applications. He has seven patents.
B Dr. Sanjai Bhagat: invVEST Ambassador, Finance.
E Dr. Bhagat is a nationally recognized expert on: Financing of high-tech ventures, Governance aspects of the subprime
R crisis,Valuation of private corporations,,Corporate governance and executive compensation.
Dr. Bhagat is Professor of Finance at the University of Colorado at Boulder. He has worked previously at the U.S.
S Securities and Exchange Commission, Princeton University, and University of Chicago. He has an MBA from the
University of Rochester and a Ph.D. from the University of Washington.
S Dr. Pramod Jain: invVEST Ambassador, Wind Energy.
A Dr. Pramod Jain is a recognized expert in the field of wind resource assessment and has an in depth knowledge of
all aspects of wind energy projects. He is the author of Wind Energy Engineering. He is responsible for all the
M planning activities from concept to pre-construction for several large projects. Pramod is an alumnus of IIT Bombay,
P University of Kentucky, Lexington and University of California, Berkeley.
L
Karthik Krishna: invVEST Ambassador Smart Grid Initiatives.
E Karthik Krishna’s areas of expertise include smart grids, power market dynamics, distributed energy technologies,
bioenergy and technology commercialization. He currently holds the position of Sr. Project Engineer at Colorado Springs
Utilities . Karthik worked as a Research Engineer at Advanced Power Systems Research Center – Michigan
Technological University. Karthik has been an active member of US NIST led Smart Grid Interoperability Panel. Karthik
graduated with a Masters degree in Mechanical Engineering in 2006 and a MBA in 2009, both from Michigan Tech.

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invVEST Team has published a series of articles related to SEI scaling and energy transition, including:
Sustainable Energy Overview & Strategy; Solar Energy; Smart Grid; Energy Efficiency;
Education & Awareness; Wind Energy; Nuclear Energy….
You can review these publications at: http://www.invvest.org/blog/invvest-publications/

21. USA-India Energy Transition Initiatives: Leverage Colorado as Energy Transition Hub:
MILESTONES Proposed for 2011 to get to desired outcomes by 2014
 Identify Specific Engagements that lead to Desired Outcome
Energy related business between Colorado & By YE 2014 (next 4 years)
India Entities Colorado Entities
establish incremental $100M+
 Discuss & Agree on POA, Resources, Time, Energy related business
Source of Funds with India
Jan 2011 Dec 2011 2020 2030
2014
DESIRED
Desired Outcome
Advise, Coordinate & Enable relevant OUTCOMES
US - India Entity Meetings/Visits By YE 2020
SEI goals: 20 by 20
By Dec 2011 $ 500M+/yr. ?
Focused Groups:
Specific needs discussion
Agreements for CO- India
Large Companies/Entities that lead to
Incremental Desired Outcome
Large Groups: Energy related By YE 2030
Fact Finding, Preliminary, SME with common interests Business SEI goals: 35 by 30
Associations/bodies/ Govt. lead entourage & Energy $ 1+ B/yr
related Trade for CO- India
Replicate for other USA based Entities DRAFT
outside Colorado on Case by Case basis 21

22. Joint Initiatives are a two way street,
While many Colorado initiatives can be adapted for India Energy Initiatives,
We can learn from many India energy initiatives….