Jasmeet Khurana | 21 July 2016

The Indian government seems to be ready to push through the much anticipated Goods and Services Tax (GST) bill in the Parliament in the upcoming monsoon session (July 18 to August 13). If passed, the government will aim to implement the reformed tax regime from April 2017. A key proposal of the reform is to do away with a maze of taxes and exemptions therein and replace them with uniform tax struc...

Jasmeet Khurana | 18 May 2016

With a target of 100 GW, India is hoping to get 8% of its power requirements from solar PV by 2022. In comparison, Germany got around 7.5%[1] of its power consumption from solar PV in 2015 and China is still at around 3%[2]. In Germany, where most of the solar capacity has been deployed in the form of distributed solar projects, billions of Euros are being spent on grid projects to help reduce cur...

Jasmeet Khurana | 03 June 2015

From 2010 to 2013, solar costs have come down dramatically. For the past two years, experts had been saying that solar prices would remain stable. However, at least in India, cost reduction, while slowing, has not halted. Project implementation costs have fallen by almost 10% in 2013 and another 12% in 2014. While module costs have fallen by roughly 10%, a similar, if not higher, cost reduction ha...

Jasmeet Khurana | 26 May 2015

The Modi government has set itself the target to achieve electricity for all by 2019. While this is not the first time such a target has been set in India – in fact, similar targets have been set by previous governments for 2007 and 2012 – many observers think that if it can be achieved than by this government. However, it will not be easy. Let us look at what challenges needs to be solved. ...

Jasmeet Khurana | 03 March 2015

 Most sections of the overall Indian industry have labeled the budget presented on Saturday (28th February 2015) as an incremental progress in the right direction and not a ‘big-bang’ or reformist budget (the yardstick being the 1991 budget). While infrastructure has received its due attention, unfortunately, for the solar industry, incremental progress just doesn’t add up to the new and am...

Jasmeet Khurana | 16 September 2014

The new government in India is considering revamping the country’s flagship National Solar Mission (NSM) and making it considerably more ambitious. The recently announced draft scheme for solar parks (refer) is only a part of this development. Next, we can expect an announcement to cancel the planned allocation of 1,500 MW. In its place, we expect a new, higher target and a more streamlined a...

Jasmeet Khurana | 02 September 2014

The newly created south Indian state of Telangana, which was carved out of the state of Andhra Pradesh, has announced a 500 MW solar PV tender (refer). This comes within a month of the now smaller, remaining part of Andhra Pradesh announcing its own 500 MW tender (refer). While the Andhra Pradesh tender is based on the district wise L1 method of bidding, where all the perspective bidders need to m...

Jasmeet Khurana | 21 August 2014

By tomorrow, Friday, August 22nd, the Indian Ministry of Finance will notify its decision on anti-dumping duties (ADD) on solar cells and modules. If the duties are imposed as suggested by the Ministry of Finance, they will have a highly disruptive effect on the Indian solar market. Employment in this sector is likely to suffer a major setback, as significant number of jobs would be lost dow...