Indian Renewable Energy Development Agency Ltd. (IREDA), Power Finance Corporation (PFC), and Rural Electrification Corporation (REC) are pivotal players in India’s energy financing sector. This analysis delves into their business models, market strategies, strengths, weaknesses, financial performance, and future strategies, offering an in-depth comparison to highlight each entity’s market position and growth potential in renewable energy financing.
PFC and REC are pivotal players in India’s power financing landscape, with strong financials, strategic market positioning, and alignment with national energy objectives. Their impressive stock performance in 2023 underscores market confidence and the strategic value they offer within the burgeoning power sector.
The analysis underscores the strategic positions of SJVN and NHPC as frontrunners in India’s transition to renewable energy, with both companies showcasing significant achievements in hydroelectric power. Jaiprakash Ventures offers a diversified model, extending beyond energy, which presents a unique blend of opportunities and challenges in the broader economic context.
When comparing Solar and Thermal, we can also look at investment required for both in the plan by National Electricity plan. Solar is now cheaper to build, and operate and faster to build. Why would anyone invest in Thermal if cheap storage is available? This is a conversation between two Power Sector experts. This part deals with Indian Power Sector Market Demand & Supply
Panel Discussion Host asks Dr Arun Sharma to present his views on how power industry is changing in India. This is a conversation between two Power Sector experts. This part deals with stress in Indian Power Sector
This is a conversation between two Power Sector experts – Mr Anshul and Dr Arun. This part deals with UDAY scheme of central government
What is the ideal level of free electricity units ? This would depend on the region where it is implemented. It can’t be a random number say 250 units or 300 units. One has to do a lot more analysis to find the right number.
Indian Government is proposing to amend the Electricity Act 2003 ( called Draft Electricity Amendment Bill 2021) to address some important issues. Amendments are focused on giving more choice to the electricity consumers, uniform selection of various regulatory bodies like CERC, SERC, APTEL, and promoting renewables.
Only 30,400 mega-watt (MW) of thermal power plants executed planned maintenance activities in FY21, compared to 1,06,022 MW in FY20. In the ongoing fiscal, maintenance outages are scheduled for 51,990 MW of power generating units.
Maintenance outages are scheduled for 51,990 MW in India
Large oil companies cannot let go of their resources or natural gas. So they are pushing for blue hydrogen, so they can continue to pumping fossil fuels out of the ground for decades to come. China and Europe would compete on green hydrogen, however, most likely with solar domination; China would control the green hydrogen market. According to news, they have started investing in large scale electrolysers, which would reduce costs in say 10 years. Europe has offshore wind plus hydrogen, but that cannot be scaled around the world. Solar plus electrolyser is the way to go.
