We have formed a special purpose vehicle-JSW Solar-for pursuing our interest in renewable energy opportunities. We have approved the capital expenditure (capex) budget for setting up additional 10-MW solar power projects implying total solar power projects of 17 MW under implementation.

The key objective of UDAY was financial turnaround of power distribution companies (discoms), which would have led to purchase of more electricity, reduced load-shedding and improved hours of supply.

The power sector of the country has witnessed a considerable change and evolution in the last two decades owing to several policy and regulatory measures.

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.

Transmission infrastructure developer Sterlite Power on Monday said the company bought back a 28.4 per cent stake from Standard Chartered private equity (SCPE) in its transmission infrastructure business. With the Rs 1,010 crore worth transaction, Sterlite will now own 100 per cent stake in this business.

You are heading the thermal business for General Electric (GE) in South Asia. Can you throw some light on the business and the prospects in India? I have been working with GE Power in Zurich, Switzerland for the last 12 years. Around two years ago, GE acquired the thermal power business of Alstom and I had the opportunity to head the South Asian division of this business in India.

India's power sector is undergoing structural changes with an unprecedented scale-up in renewables, Ujwal Discom Assurance Yojana (UDAY) implementation at distribution companies (discoms/SEBs), uncertainties over offtake arrangements and pressure on promoters/lenders to divest assets to avoid bankruptcy.

By now, you might have turned a new page of the new calendar. After shedding the New Year hangover, it is time to recall what has happened over 2017, so we can lay a roadmap for what we have to do to light up people's lives in the New Year, mainly through 'quality 24x7 power for all' as the government has envisaged.

One of India's leading power transmission companies, Sterlite Power Transmission has four business units - infrastructure, solutions, convergence and IndiGrid. In the infrastructure space, the company sets up power transmission infrastructure on BOOM (Build, Own, Operate and Maintain) model.