Green Ahead
Power Watch India|May 2017

"India Needs To Install 90 Gw Of Solar In Five Years" Says Priyadarshini Sanjay, Managing Director, Mercom Communications India, in conversation with R Srinivasan.

R Srinivasan
Green Ahead

Kindly comment on the solar scenario especially since solar tenders and auctions have slowed in India and what will be the ramifications of these developments?

Since September 2016, tenders have slowed down for IPPs. Discoms are currently in a wait-and-watch mode since solar tariffs are constantly falling. They want to procure solar at the cheapest rate and they are sitting back and waiting for tariffs to keep dropping which is causing everybody to postpone tenders and auctions. Tenders cannot be delayed indefinitely and many developers who have invested millions in anticipation of increased activity to meet government goals are beginning to panic. Markets don’t react well to uncertainty and foreign investors are going to conclude that India is not a stable market that can meet its set goals unless tender and auction activity picks up again.

The latest record low tariff is Rs 3.15 per kilowatt hour (kWh) and is expected to fall below Rs 3 a unit during auctions for the Bhadla solar parks in Rajasthan. To what extent are fears, that it may affect smaller players in the market, justified?

This story is from the May 2017 edition of Power Watch India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the May 2017 edition of Power Watch India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM POWER WATCH INDIAView All
Time Is Ripe for Adoption of Innovative Technologies
Power Watch India

Time Is Ripe for Adoption of Innovative Technologies

Amit Vaidya, Director, Strategic Customer Team, India, Sensus speaks about the potential of the UDAY scheme and the need for deployment of automation and smart technologies in the distribution infrastructure, in an interview with Monica Chaturvedi Charna...

time-read
4 mins  |
December 2016
Conext Inverter Will Reduce the Levelised Cost of Energy
Power Watch India

Conext Inverter Will Reduce the Levelised Cost of Energy

Anurag Garg, Vice President – Solar Business, Schneider Electric, speaks about the company’s latest launch, an inverter that will help cut down the operational cost of solar power plants, in an interview with Monica Chaturvedi Charna...

time-read
3 mins  |
December 2016
Hands Off My Discom!
Power Watch India

Hands Off My Discom!

Most people who take an interest in the electricity sector are aware that the discom train has clearly jumped off the rails in a large number of Indian states.

time-read
9 mins  |
December 2016
There is Immense Business Opportunity in the Metering Space
Power Watch India

There is Immense Business Opportunity in the Metering Space

Says Gautam Seth – Jt. Managing Director, HPL Electric and Power Ltd., in conversation with Monica Chaturvedi Charna...

time-read
5 mins  |
March 2017
Solar Is in Comfortable Position, Does Not Require Hand Holding
Power Watch India

Solar Is in Comfortable Position, Does Not Require Hand Holding

Dev Arora – Founder and CEO, 8 Minutes Future Energy Pvt Ltd expresses enthusiasm over the solar sector’s performance in India, with investments on the rise and storage being the next big thing to look out for, in an interview with Monica Chaturvedi Charna...

time-read
5 mins  |
March 2017
smart lighting holds a lot of potential for additional energy saving
power watch india

smart lighting holds a lot of potential for additional energy saving

tim, head, international business unit, opple talks about smart lighting which is the future of energy efficient lighting and how it goes a step further to leds in terms of covering the wellness aspect, in an interview with monica chaturvedi charna...

time-read
3 mins  |
november 2016
electrical t&m equipment industry trends and way forward
power watch india

electrical t&m equipment industry trends and way forward

t&m equipment market in india is set to grow at a cagr of 13.24% from 2015-2019...

time-read
2 mins  |
november 2016
india is the 2nd largest led market in the world
power watch india

india is the 2nd largest led market in the world

states neelima jain, national programme manager, energy efficiency services ltd, in an interview with monica chaturvedi charna...

time-read
6 mins  |
october 2016
Recommendations for Energy Storage in India
Power Watch India

Recommendations for Energy Storage in India

India’s energy sector has grown rapidly over the last year driven by policies, reforms and investments. Various policy initiatives such as introduction of UDAY, amendments in National Electricity Act, new solar RPO target for states, biofuel policy, small hydro policy, offshore wind policy and new hydrocarbon policy have all contributed to growth of the industry. However, there is still a long way to go with some persisting issues requiring attention and resolution at the earliest, making the upcoming budget crucial to the energy sector.

time-read
3 mins  |
February 2017
Report
Power Watch India

Report

Asia-Pacific Region Provides Best Opportunities In Declining Global Gas Turbine Market: GlobalData.

time-read
2 mins  |
May 2017