SBI opposes Gujarat’s cut in Solar Feed-in-Tariffs The State Bank of India (SBI) which is India’s largest bank is worried about the effects of a retroactive cut in solar feed in tariffs by Gujarat. The bank has lent to almost 10% of the total solar capacity built in the state under a solar subsidy policy. […]
Only 1 Solar Thermal Plant built out of 5 Plants India had allotted 50% of the power target to be generated during Phase 1 of the JNNSM to thermal power energy. That was a stupid policy move as I had pointed out at that point of time. Not to beat my own drum but the […]
India Power Industry The less said about India’s power administration structure the better. The country has already earned the in-dubious distinction of hosting the biggest power blackout in the country, as power hungry states overdrew power from the grid. The power generation sector is in a mess as power plants lie idle due to lack […]
Punjab achieves its 300 MW of Reverse Auction plan for Solar India’s northern state of Punjab which accounts for a large part of the agricultural production in the country has successfully completed a 300 MW reverse auction process for solar energy in the state. The usual suspects like Lanco Solar, Azure Power, Essel Infra, Welspun and […]
India imports billions of dollars of goods and services despite having the resources and manpower to manufacture the goods/services at lower costs on its shores. India’s malfunctioning and corrupt governance is the chief cause of India’s current state, where the currency is in a free fall as imports far exceed exports. India has one of […]
Why Nuclear Energy is on a secular decline Nuclear Energy provides more than 15% of the world’s electricity requirements and is much cheaper than other renewable sources of power such as solar and wind energy (at least the old plants). The developed countries account for most of the nuclear power reactors with France getting more […]