Every single solar thermal plant awarded under India’s federal subsidy program (JNNSM Phase 1) is delayed according to MNRE. Note I have been critical about solar thermal technology for a long time now because of the manifold problems that the technology faces. The sharp erosion in solar panel prices has made solar PV technology move […]

The past 5 years have been a riches to rags story for India’s power generation companies. The utilities which competed with each other for the position of being India’s biggest private power generator are now finding themselves competing to delay their power projects. We had warned earlier about the over reliance in an earlier post. […]

Problems of Power Industry in India The problems faced by the electricity companies in India are quite well known and those who did not, the biggest power blackout in human history would have brought it home (quite literally). The root cause of the problem is the Indian Government which has been stuck in paralysis for […]

Mergers & Acquisitions in India Indian companies have been expanding aggressively by taking over companies and assets abroad. A number of big bang acquisitions have been made such as taking over of Jaguar by the Tatas and Novelis by the Birla Group. A large number of coal companies and mines had been bought by a […]