Shri Shakti Alternative Energy Limited Blog

SolarPlaza organized a Webinar Financing India's Solar Revolution: Opportunities and Challenges where I was one of the Speakers. You can watch my presentation at the webinar recording here or you can download the slides of my presentation . My presentation covered two big questions : 1) Can India develop 100GW Solar by 2022? and 2. Can...

My presentation starts with two big questions1) Can India achieve the target of adding 100,000MW by 2022 ?2) Can the Hon'ble Minister Piyush Goyal deliver when he says "I want to kill 10 birds with one stone" ?In the poll conducted after my presentation, majority i.e 48% of the audience thought that Mr Piyush Goyal is likely to do that...

In 2014, India has set a target of 100GW of utility solar by 2022, a five fold increase in the earlier target of 20GW when JNNSM was launched in 2010. It is no doubt an audacious target considering that India has commissioned only 3GW of utility solar project by 2014. But, considering that China is adding over 15GW per year and Japan i...

Debt servicing accounts for 50% of the cost of the solar energy when the weighted average cost of capital (WACC) is 9%. This is illustrated in the graph below which is a part of the Solar PV Roadmap 2014, prepared by International Energy Agency (IEA).In India, with interest rates of 13% and equity reckoned at 16% post tax, the WACC is ...

The Telangana State's RFP to procure 2000MW solar power is unique in many ways.Firstly, it is the largest procurement effort for solar power till date in India and larger than the previous RFPs under JNNSM by NVVN and SECI.Secondly, it is the first time that procurement of large centralized power projects of up to 450MW capacity have been combined ...