Cement Energy and Environment

This could improve if states implement the and wafers, 150 megawatts of modules and 100 Ujjwal Discom Assurance Yojana, a bailout megawatts of cells. This follows a series of scheme for electricity distribution companies companies announcing their plans in the recent announced by the government recently. Limitation Resurgent Rajasthan event. in power transmission capacity also poses a risk hurting profitability of renewable energy projects, it said. Courtesy: The Economic Times, 24.11 .2015, From Internet HOW SOLAR ENERGY IS CHANGING THE POWER SECTOR'S DYNAMICS Changing technology is slashing the cost of generating solar power, but it is sti ll unclear if these projects are feasible at such low prices Non-performing assets (NPAs) in the power sector made their appearance in 2007, when a number of companies announced big power projects. Most of these projects are yet to see the light of the day, with many languishing as NPAs in the banking sector's books. Of late, the rush of companies announcing their entry in to the solar power sector raises the question of whether this is a repeat of the old power story. Lanco lnfratech announced Monday that it will invest Rs.2,300 crore to build a solar manufacturing facility by January 2017 in Chhattisgarh. It will produce 1,800 tonnes a year of solar-grade polysilicon , 100 megawatts of ingots While most of the other companies are opting for setting up power generating units, Lanco has decided to build its own capacity for equipment needed to erect a solar farm. This could have been a good strategy, but for the fact that solar equipment manufacturers worldwide are affected by cheap Chinese goods. According to Bloomberg, India already has a module manufacturing capacity of 3 gigawatts and for solar cells about 1.2 gigawatts. Much of that is under-utilised, making India depend on imports to satisfy demand from solar developers. Lanco lnfratech might have a case in building up the unit since India plans to install 100 gigawatts (GW) of solar capacity at a cost of $100 billion by 2022 as compared to only 4 GW today. The government's focus on renewable energy has attracted global players to the country. Most of the companies that are entering India are equipment suppliers. Take the case of SunEdison, the world's biggest developer of renewable-energy power plants. SunEdison won a bid to sell solar power from a 500 megawatt plant in Andhra Pradesh under the Jawaharlal Nehru National Solar Mission at the rate of Rs 4.63 per kilowatt-hour (KWh or unit). Of the 28 companies that qualified for the second round of bidding, nine including Soft Bank Group Corp of Japan, Trina Sola of China, Italy's Enel Green Power SpA, Reliance Power Ltd , Re New Power Ventures Pvt Ltd, Solar Arise, Acme Solar and Orange Renewable Power offered bids under Rs 5 per unit. The previous lowest solar tariff was about Rs 5.05 per unit offered by Canadian company Sky Power's for a 150 MW project in Madhya Pradesh. But are these projects feasible at such low prices? SunEdison is already looking to sell off all projects won under the central government flagship National Solar Mission since the 44