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 […]

Real Estate crash in India Estate prices have kept moving upwards relentlessly even as other asset classes have languished. Corporate mis-governance and corruption has driven investors away from equity, while bond and fixed income investments have been less attractive because of high consumer inflation. This has made gold and real estate the preferred choice of […]

Solar Project delays in India leads to disappointment India which is cited as one of the best markets in the world for solar energy is expected to disappoint the industry, as only 1 GW of demand is expected in 2013. This will be flat when compared to 2012 when solar demand skyrocketed. The reason is […]

India’s Central Government has mostly mismanaged the central program for promoting solar energy in India. Despite a massive crash in solar component prices, demand in India has flattened out in 2013 even as other countries show sharper growth. Most of the success in India’s solar energy has come through Gujarat’s Feed in Tariff subsidy policy, […]

The Indian states have been building large amount of solar capacity through the reverse auction process of giving out solar power farms to developers. The prices have been quite low for these ground mounted farms and Punjab managed to get bids of 13-14c/Kwh for the 250 MW of capacity it gave out to developers. Read […]

India has awarded 500 MW of solar thermal plants during JNNSM Phase 1, as it gave both solar PV and solar thermal technology an equal boost. However solar thermal technology is losing out to solar PV even during 2011; and we had pointed it out that giving solar thermal technology too much money did not […]