India’s power sector has been troubled in the last few years due to a variety of issues. One has been the supply and pricing of fuel. While gas supply has fizzled out, coal pricing had become too high for the power companies to meet their obligations of supplying electricity at the contracted rates. The distribution […]
UDAY – Another Power Sector reform in India India recently restructured its massively sick power distribution sector for a 3rd time in the last 12 years. This sector has been chronically sick, with debt of more than $50 billion and causing a lot of concern for the overall electricity industry in India. The distribution companies […]
IPO of a Chinese Solar company in USA A Chinese company plans to do a $300 million IPO in USA. The company known as Solar Power Inc. (what an inventive name) started operations in 2015 and its main business model is to build solar power plants using a crowd sourcing model. The business is based […]
The Solar Revolution in India Indian solar prices have made a new record low at just 7 cents/kWh. This happened after intense competition led to prices falling below the Rs 5/kWh threshold, after SunEdison managed to win all 500 MW of capacity in a tender put out by India’s largest utility NTPC. Recently Sky Power […]
Coal India into Solar? Coal India is one of the world’s largest miners of coal, thanks to its position as the monopoly miner in India. The company has decided to jump in to the solar bandwagon and plans to set up 1000 MW of solar power plant capacity in India. The government of India has […]
Retail investors are generally considered as dumb money while the institutional investors are considered as “smart” money, but apparently this wisdom has reversed in India’s IPO market. Merchant bankers are pricing primary issues at exorbitant valuations, hoping to take advantage of India’s bull market. Tons of IPOs have been floated at high valuations. Most of […]