Manu Kumar Srivastava

Manu Kumar Srivastava

Principal Secretary, Govt. of Madhya Pradesh

Service: Indian Administrative Service (Madhya Pradesh Cadre, 1991)

Present posting: Principal Secretary, Department of New & Renewable Energy, and Department of Commercial Tax, Government of Madhya Pradesh

Additional charges:

  • Commissioner, New & Renewable Energy, Government of Madhya Pradesh
  • Managing Director, Madhya Pradesh Urja Vikas Nigam
  • Chairperson, Rewa Ultra Mega Solar Ltd (RUMSL)

Date of birth:  September 6, 1967

Qualifications:

Degree Year Discipline Name of the institute
B. Tech. 1984-1988 Electrical Engineering IIT, Delhi
M. Tech. 1988-1989 Telecommunications IIT, Delhi
M.Phil. 2011-1012 Topic of dissertation: “Use of Natural Gas in the Country: A Study of Present Situation and Future Trends” Indian Institute of Public Administration, Delhi

Academic achievements:

  • Merit scholarship by Central Board of Secondary Education in Class X
  • National Talent Search Scholarship by National Council of Educational Research and Training
  • 19th rank in Joint Entrance Examination for IITs

Accomplishments during the tenure:

  • Capacity addition in Renewable Capacity in MP, by 297% during the period (from 1022 to 4059 MW):
    • the wind installed capacity increased by 350% (from 544  to 2444 MW)
    • the solar installed capacity increased by 273% (from 386 to 1438 MW)
  • Implemented Rewa Ultra Mega Solar Project (750MW)
    • Development of large scale solar power projects in the country has, so far, been the initiative of federal companies, such as NTPC, SECI, etc., with the role of states being only to develop solar park infrastructure. RUMSL, a state-led organization, created in July 2015 with me as the Chairperson, undertook the entire gamut of activities for development of an ultra-mega solar power project, including conceptualization, market consultations, financial and legal structuring and bid process management (activities normally undertaken by federal companies), as also development of land and associated infrastructure (activities undertaken at state level).
    • The Rewa Ultra Mega Solar project is the first project in the country to break the grid parity barrier; while federal companies were giving subsidy to achieve a tariff of ₹ 4.50 per unit, Rewa achieved a first year tariff of ₹ 2.97 per unit. The project did not rely on Viability Gap Funding or Central Financial Assistance to achieve low tariffs, rather it achieved the same by effective mitigation of risks under the PPAs and robust project preparation process.
    • Rewa is the first project in the country supplying power to an inter-state open access customer, viz., Delhi Metro, which opens up an entirely new chapter in utilization of Renewable energy in the country, where large institutional open access consumers can start procuring inexpensive RE. 90% of day time demand of Delhi Metro would be met from Rewa Project. Rewa is the first renewable project in India to be injecting power directly into the national grid (ISTS) for supply outside the home state, viz., to Delhi.
    • Rewa Solar plant is India’s first and till now the only solar project to get funding from Clean Technology Fund (CTF), which is available at a rate of 0.25% for a 40-year period, and from the World Bank. This has enabled Rewa Project to have very low solar park charges, which was one of the contributing features behind the low tariff achieved in Rewa Project.
    • The project features an innovative design of contracts to address the varying demand pattern of the off-takers. While all power projects in India, in the conventional and renewable sector, have had proportionate power contracts, Rewa has developed innovative energy contracts.
    • The project is an important step in the clean energy targets of the country. The 750MW project would lead to avoidance of CO2 generation of 1.54 million tons every year. This environmentally positive impact could have been accomplished by planting as many as 26 million adult trees.
    • The Project secured a place in the book on innovations, ‘New Beginnings’ released by the Hon’ble PM, which is a publication of Department of Administrative Reforms & Public Grievances, Government of India.
    • The project has been recognized by Ministry of New & Renewable Energy for its innovative features, effective mitigation of risks under the PPAs and robust project preparation process. Many features of the Rewa Project have been included in the Standard Bidding Guidelines for solar projects issued by Government of India.
  • Implemented innovative RESCO (Renewable Energy Service Company) project for around 45 MW Rooftop solar projects in 656 pre-identified buildings of Government, private entities and industries.
    • The tender led to the lowest rate in India: ₹ 1.38  per unit as the first year rate. The Project would allow setting up of Rooftop Solar Projects in MP without any capital investment by the beneficiaries and at rates far below the DISCOM rates-- Central Government organizations (₹1.38), PowerGrid (₹1.58), medical colleges (₹1.63), municipal bodies (₹1.69), Government universities (₹1.91), Government colleges (291 all over the State) (₹2.21), Police establishments all over the State (156 all over the State) (₹2.33) and Government engineering colleges & ITIs (124 all over the State) (₹2.35). This would lead to government saving of ₹ 2.36 billion (323 US m $) over the project life in NPV terms.
    • First time in India, unique data room was created and made accessible to the bidders, so as to address information asymmetry; this includes information like google coordinates of the buildings, indicative Solar PV array layout superimposed on Google image and electricity consumption history.
  • Implemented the tender for 18,500 solar pumps
    • got approved from Government of MP, the scheme for distribution of solar pumps to farmers in areas with no electricity, by supplementing MNRE subsidy with GoMP subsidy, so that farmers have to pay only 10 to 15% of the cost;
    • through efficient tendering, achieved the lowest rate in the country for DC pumps.

AWARDS & RECOGNITIONS

  • MPUVN was awarded the best State Nodal Agency (SNA) award for Renewable Energy on January 24, 2017
  • Madhya Pradesh stood 1st among all states in installation of RE projects in 2015-16 with 1498 MW of projects being commissioned. This constituted 24% of the RE projects commissioned in the entire country in the year 2015-16.
  • The Rewa project got World Bank Group’s President’s Award for innovation in its transaction structure.
  • Invited by Global Infrastructure Facility (GIF), developed by the World Bank, to the Annual Advisory Council meeting of GIF on April 18, 2018 in Washington DC to speak on the Rewa project; the project being recognised as an ideal project to attract international investment in Emerging Economies by suitably addressing all risks.  GIF is a partnership among governments, multilateral development banks, commercial banks, private sector investors, institutional investors and financiers.
  • The RESCO project has received national level recognition by winning the SKOCH Platinum Award 2018 for the programme’s innovative design. The award was conferred after undergoing an elaborate 3-stage process, which saw participation from several states and organizations across the country under the theme of ‘State of Power, Oil & Gas’. Rewa Project has also been awarded the SKOCH Award 2018.
  • Both RESCO and Rewa projects have been awarded by IPPAI (Independent Power Producers Association of India).
  • RESCO project has been awarded by Solar Quarter Leadership Award.

Previous Postings:

  • Managing Director, Madhya Pradesh Power Management Company and Chairperson of MP Discoms (2012-15)
  • Responsible for power management in the state, including power procurement, power trading, scheduling, etc. Implemented “Atal Jyoti Yojana” for 24x7 power to all parts of the state. The state emerged as a power surplus state in this period.
  • Implemented the innovation of Reserve Shutdown (RSD) scheme in Western Region during Madhya Pradesh’s chairpersonship of Western Regional Power Committee (WRPC), so as to ensure optimum operation of thermal power plants during low demand periods.
  • Took initiative of open access on the basis of Reverse power flow, the first time in the country, leading to enhanced utilization of transmission capacity over the approved Open Access.
  • Director, Ministry of Petroleum & Natural Gas, Government of India (2006-2011)
  • Responsible for natural gas, including marketing, Piped Natural Gas, CNG, trans-national gas pipelines, LNG, etc.
  • PS to Minister of Commerce & Industry, Government of India (2004- 2006)
  • Had exposure on issues like WTO, patents, multilateral trade agreements, industrial policy, etc.
  • Additional Commissioner, Excise, Government of Madhya Pradesh (2004)
  • Collector & District Magistrate, Khandwa (2002-2004)
  • Handled land acquisition and Relief & Rehabilitation for Indira Sagar Project and Omkareshwar Sagar Project of Narmada Hydroelectric Development Corporation (NHDC).
  • Collector & District Magistrate, Chhindwara (2000-2002)
  • Collector & District Magistrate, Balaghat (1998-2000)
  • Chief Executive Officer, Zila Panchayat, Chhindwara (1995-1998)
  • SDM Neemach (1994-1995)
  • SDM Jabalpur (1993-1994)