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Competitive bidding a blow for wind power sector
CRISIL Research believes the advent of competitive bidding in wind power would change the market landscape and lead to a sharp reduction in tariffs, put pressure on returns across the value chain, and lead to consolidation of the market towards independent power producers.
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Solar Power bids below Rs. 9 per unit risky
In 2011-12, India’s solar power capacities increased manifold to nearly 940 MW from a meagre 20 MW in 2010-11. Besides favourable government policies, particularly Gujarat’s solar policy, a sharp decline in capital costs over 2011 drove this rapid expansion.
JNNSM Projects, Solar Power, CRISIL Research, Solar Photovoltaic, Germany, Spain, Equity Internal Rate Of Returns, Irrs, Rahul Prithiani, Prasad Koparkar, Solar Equipment
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Solar Power bids below Rs. 9 per unit risky
In 2011-12, India’s solar power capacities increased manifold to nearly 940 MW from a meagre 20 MW in 2010-11. Besides favourable government policies, particularly Gujarat’s solar policy, a sharp decline in capital costs over 2011 drove this rapid expansion.
JNNSM Projects, Solar Power, CRISIL Research, Solar Photovoltaic, Germany, Spain, Equity Internal Rate Of Returns, Irrs, Rahul Prithiani, Prasad Koparkar, Solar Equipment
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