Regional Comprehensive Economic Partnership (RCEP) is a trade agreement between ASEAN countries and its six FTA partners, whereby they agree to reduce or eliminate tariff and other barriers on imports and exports. India currently sends 20% of all its total exports to the above countries and imports 35% from these countries. China is the biggest exporter in India. India’s trade deficit with […]

Indian corporates have regularly been making headlines these days due to issues of corporate governance, fraud, and corruption. The IL&FS financial crisis which started last year has made a number of other Indian companies fall like dominoes, due to issues of financial misgovernance. Indiabulls housing finance and DHFL which were/are the some of the largest […]

IEA is predicting that renewable energy capacity is set to grow a massive 50% over the next five years till 2024 from around 2500 GW now, to 3750 GW by 2024. About 60% of this increase will come from solar power that means almost 150 GW of solar power a year coming from PV. This […]

Low prices for solar projects have been a phenomenon that we have seen over the past 2-3 years with ever new record lows being bid for solar auctions across the world. After some records, it has lost the surprise factor. However, a recent bid of 1.7 cents/kWh seen in Dubai has again surprised industry watchers […]

Despite numerous efforts by the government, the Indian solar manufacturing industry has not really seen any major investments in the last couple of years. The SECI tender which links setting up of manufacturing capacities along with the carrot of solar power projects has seen deferrals of more than six times over the last one and […]

Renewable energy projects are very capital-intensive and require a large number of funds.  However, ultra-low price points and rising levels of NPAs have made banks reluctant to lend to the Indian clean energy power sector. The Prime Minister of India has also stepped in to help the clean energy sector in India realize its full […]