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1 GW Tender from NTPC Under Phase-II of CPSU Program Out

National Thermal Power Corporation Limited (NTPC) has finally released another tender for 1 GW of solar power under the CPSU program. This comes barely a week after the rfs request  for 1 GW a week ago.  The program was designed specifically to encourage domestic manufacturing, hence, all the supplies will need to be sourced domestically […]

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Modi 2.0. What Will the Impact be on Solar Energy Sector?

With a thumping majority behind it again, the Narendra Modi led NDA government offers one big relief to the renewables sector straightaway. Continuity. Unfortunately, that’s where the good news ends. While the industry seems uniformly happy at the removal of further uncertainty on the next government, hopes are high for further changes in on the […]

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Renewables Under Modi. A Success Story Validated by Industry Stakeholders.

Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […]

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Rooftop Solar the Key to India’s 175 GW Renewables Target: Report

The report estimates that for the next three years, solar rooftop installations will grow at a compound annual growth rate of 50 percent, suggesting a cumulative 13 GW of installed capacity by FY2021-22. Rooftop solar is the fastest growing renewable energy sub-sector in India but installations must rapidly accelerate if the nation is to meet […]

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FAME Alone Not Enough to Boost EV Adoption

FAME alone is not enough to reach the 2030 target, various measures as prerequisites are needed in this transition. Policies like FAME need to be supplemented with measures such as domestic manufacturing of vehicles, batteries, and components to boost mass adoption of electric vehicles by 2030, industry body Confederation of Indian Industry (CII) has said.  […]

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India’s Road Towards EV Adoption…

When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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Interview with Rajendra Kumar Parakh, CFO, Vikram Solar

Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […]

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