The solar industry has been trying to achieve the holy grail of grid parity with other forms of energy for many years now. The sharp decline in solar equipment costs driven by strong competition and technological advances has made solar power achieve grid parity in most parts of the world in 2014 itself. With solar […]

In Greenworldinvestor we have already covered the India’s Federal Solar Subsidy Policy JNNSM from its inception 2 years ago. Now as the Government embarks on the second part of the three part policy we give you a heads up of the important parts of the draft of JNNSM Part 2. Introduction to JNNSM The mission […]

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 […]

Bangladesh like India is a massive power deficient country with peak power shortage of aroudn 25% and more than 60% of the people in the country lacking access to the power grid.As prices of coal,oil and gas increase it has become harder to provide electricity to some of the poorest people in the world.Solar Energy is an ideal solution as it can provide gridless power,is totally clean in terms of pollution,health hazards and is economical as well since it saves money for building the electricity transmission.The Bangladesh government has itself realized this as the Prime Minister has put up a 21.6 Kw solar power system to power her office.The World Bank had put up $130 million in funding in 2003 which has resulted in more than 1 million homes being powered by solar energy.Note the requirements of power are very small almost 1/10th that of a Western home.Government owned Infrastructure Development Company (IDCOL) has been providing the financing for these small solar panel projects in the country.

NTPC,India’s largest power generating utility with around 35 GW of electricity capacity is set to enter renewable energy in a big way as it has singed 500 MW of PPAs with state distribution companies for supplying green energy.Note India’s electricity regulator CERC has mandated a 6% Renewable Purchase Obligation (RPO) in 2011 which will increase by 1% each year to 15% by 2020.A number of states have fallen behind in meeting their RPO and would need to either generate or buy Green Energy to meet the CERC targets for renewable energy.NTPC which is predominantly a thermal power utility has been planning to set up wind and solar power plants but nothing has been done till now.However after signing these PPA with the Madhya Pradesh,Orissa and Karnataka government,the renewable energy projects should get accelerated.