How dissonance is leading to chaos and tumult in India’s solar sector

At first glance, all seems well in India’s solar sector. Its tariffs continue to crash. At the Solar Energy Corporation of India (SECI)’s auction last November, Saudi Arabia’s Aljoemaih Energy and Water Co and Green India Wind Energy, one of Sembcorp’s India investments, won after bidding ₹2 per unit. State-run NTPC wasn’t too far behind. […]

Coal India chooses energy-intensive manufacturing; Adani and NTPC chase vertical integration.

For a long while now, from the time #DespiteTheState went to the presses, I have been chasing a story on coal. You know the score. India’s coal sector is behaving in discontinuous ways — Coalblock auctions find few bidders; Coal India mulls diversification into Aluminium smelting and solar ingot/panel manufacturing; power producers like NTPC and […]

India’s great fossil fuels push

In global circles fighting climate change, India scores a passing grade. Take Climate Action Tracker, a website tracking countries’ actions on climate change. Citing India’s ambitious renewable energy targets — 450 GW by 2030 – it says the country is on “track to overachieve its ‘2˚C compatible’ rated Paris Agreement climate action targets”. If the […]

More on the asymmetry that rules India’s business insolvency process

Since October last year, Scroll has been (intermittently) reporting on how India’s insolvency proceedings are coming along. Cumulatively, these reports flag a couple of peculiar patterns. A lot of companies are up for sale — In a country with 7500 companies with a topline over Rs 250 crore, 2511 companies are slated for insolvency proceedings. […]

Will India’s recent coal block auctions actually burden banks and skew the fuel market?

The first part of Scroll’s analysis of the coal block auctions took a close look at the auctions for the steel, cement and aluminium sectors. It found an extremely wide divergence in the winning bids. Some blocks went for twice the notified price of coal, or the price at which the bulk of India’s coal is […]

india’s coal boom and attendant air quality fears…

A new report has warned that premature deaths due to emissions from thermal power projects (TPPs) will rise two-three times as India’s reliance on thermal power increases. The report by Urban Emissions. Info, an independent research group working on India’s air quality, and Mumbai-based NGO Conservation Action Trust, expects India’s thermal power generation to rise […]

Coalgate. Part Two.

Last week, the NDA’s Coal Mines (Special Provisions) Ordinance, 2014, was greeted rapturously. Comforting a country facing coal shortages, it laid out a road map for ensuring coal supplies in the wake of the Supreme Court’s order last month cancelling captive coal-block allocations. But will the ordinance fix the mess left behind by the previous […]

on coal and ppps

The Economic Survey, last month, said there was an urgent need to fast-track the entry of private sector in coal mining to increase production of this mineral and, by extension, reduce imports. Subsequently, coal and power minister Piyush Goyal stated the government was considering the use of public-private partnerships (PPPs) to achieve this objective. PPPs […]