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Bajaj Electricals Ltd., has been one of India´s oldest and most trusted brands manufacturing and marketing Lighting products for close to eight decades. Over the years, with the changes in lighting technology, we have also evolved as an organisation ushering in change at every stage.

UDAY will result in liquidity improvement and sharp reduction in discom losses, thus improving the ability of discoms to procure power and reinitiate signing of long-term power-purchase agreements (PPAs).

The 2015 edition of BP´s Energy Outlook projected India´s energy production rising by 117 per cent to 2035, while consumption grows by 128 per cent. The country´s energy mix is projected to evolve very slowly over the next 22 years with fossil fuels accounting for 87 per cent of demand in 2035, compared with a global average of 81 per cent (down from 92 per cent now).

The prime minister´s enormous ambition of installing 100 GW (or 100,000 MW) of solar power plants by 2022, in seven years straight, up from just 4 GW today, has set the momentum for solar power generation in India.

Solar power is now available at Rs 5 or Rs 6, having come down significantly. But it all depends on how all the logistics are developed around that and ultimately how effectively the benefits are passed on to the consumer.

If a company is investing its own funds, payback occurs in 5-6 years, with project IRR of around 15 per cent. This also includes tax break benefit for the company that makes such an investment.

The government has not given enough attention for the manufacturing industry by way of easy finance and availability for long term. If manufacturing is attracted in India under ´Make in India´ initiative with liberal policies for multinationals, then the target seems doable.

The recent positive developments have raised the hopes of revival of natural gas-based power sector in the country, where many plants were either closed or operating at lower than optimal levels.

Once the major source of power generation in India, hydro power has seen a sharp downward trend in the recent years. From 44 per cent of the energy mix to a mere 18 per cent, this abundant, high potential and green energy