In an insightful interview with Energetica India, Ashwin Raikar, Managing Director of NET Enterprise, elaborated on the company’s strategic initiatives to position itself as a leader in India’s energy transition.
Transformation to NET Enterprise
Raikar discussed the evolution of Nauvata Engineering to Nauvata Energy Transition (NET) Enterprise, reflecting a shift towards sustainable energy solutions. The rebranding underscores the company’s commitment to addressing global energy challenges through innovative technologies and services.
Focus on Sustainability and Technology
Emphasizing sustainability, Raikar highlighted NET Enterprise’s active participation in projects related to carbon capture, green hydrogen, and ethanol production. The company is also exploring joint ventures to acquire and develop key technologies in these areas, aiming to reduce environmental impact and promote clean energy solutions.
Digitalization in Oil and Gas Sector
Raikar pointed out the underutilization of digital technologies in India’s oil and gas sector, leading to inefficiencies. NET Enterprise, in collaboration with dDriven Solutions, Singapore, is implementing digitalization solutions, including Digital Twins, to enhance monitoring, diagnostics, and decision-making processes, thereby improving operational efficiency and reducing unplanned downtimes.
Addressing Energy Trilemma
The interview also touched upon the “Energy Trilemma”—balancing energy security, equity, and environmental sustainability. Raikar emphasized NET Enterprise’s role in supporting clients, including public sector undertakings, to set up and operationalize capital projects efficiently, contributing to a self-sufficient and sustainable energy future for India.
Collaborations and Future Outlook
Raikar shared insights into NET Enterprise’s collaborations with industry giants like ONGC and Cairn, focusing on project management and engineering services to enhance oil and gas developments. Looking ahead, he envisions NET Enterprise as a global leader in the energy transition sector, leveraging technology and innovation to drive sustainable growth.
For more details, you can read the full article here: Ashwin Raikar’s Interview in Energetica India
