Indian power developers seem a dumb lot with little risk management. They blundered big time in 2008 when they bid low for massive thermal power plants of 4 GW size betting on cheap coal imports from Indonesia and Australia. When these countries turned the screws on coal exports by levying taxes and royalties, the power [...]

Tata Power to build Solar and Wind Capacity every year TATA Power is one of the greatest power companies in India. The Company has an installed generation capacity of 8521 MW in India. Tata Power has presence in almost all Renewable Energy sectors in India like Solar, Wind, Hydro and thermal. Tata Power with BP Solar [...]

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. [...]

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 [...]

Indian states continue to award solar power projects to big developers like Welspun Energy, Moser Baer and others despite shoddy performance by big power developers. Tata Power which is India’s biggest power utility in the private sector recently wrote a letter to numerous top officials recommending that the company be blacklisted from       [...]