Best Stories

The growth in power demand accelerated significantly in the current financial year. UDAY is certainly a key contributor to this because the immediate savings in cost (the restructuring plan, on an estimated basis, reduced interest costs by as much as 47 paise per kWh), allowed utilities to maintain tariffs at lower levels, thus attracting more marginal consumers.

The Indian solar industry had close to 9 GW of engineering, procurement and construction (EPC) work in 2017, and we are expecting a sharp dip in 2018.

Uninterrupted and quality power supply is a precursor to economic development for any country. Electricity transforms people's lives and spurs them towards a better future.

The wind power sector is going through a transformation with the entry of competitive bidding process. Though it could keep up the pace as of now, analysts say, it will slow down going ahead.

Energy efficiency has been on the agenda of governments and industry across the world over the last several decades. But it was after Saurabh Kumar, Managing Director, Energy Efficiency Services Ltd (EESL) developed a business proposition out of the idea that energy efficiency has got a shot in the arm.

Though weak logistics support and lack of preparedness of power plants are to be blamed for the recent coal shortage at power plants, the crisis could have been avoided with better co-ordination among stakeholders.

India, with more than 14,000 MW of installed solar power capacity, is one of the fastest growing markets in the world. In September 2017, the country crossed 60,000 MW of renewable energy capacity, which includes mainly wind and solar energy.

Hydropower segment has been facing numerous impediments to its growth. However, it has come into the government focus exudes hope that it will pick up pace going ahead.

Despite its huge potential in a largely agrarian country, biomass lacks competitiveness in India. It is also meagre in comparison with the other green energy sources.