2017: A year of FDI groundings for India

    2018-12-04T08:05:06+00:00January 22nd, 2018|2018/2017, India Investment Journal January Edition, Make In India, Year|

    The New Year promises to continue the upward swing in foreign direct investment (FDI) flowing into India, according to the country’s main investment promotion agency.   India’s investment climate has never been better. Prime Minister Narendra Modi’s initiative to reform-perform-and-transform has conclusively catapulted India into a higher orbit. The last 12 months saw India break into the top-100 club, on ease of doing business, receive a record FDI of $60.1 billion and earn an upgrade in its credit rating from [...]

      Digital India can win the economic nationalism race

      2018-08-20T11:05:24+00:00November 29th, 2017|2018/2017, Flagship Scheme, India Investment Journal November Edition, Year|

      India has an opportunity to take a leadership role in technology and innovation in a changing global landscape, writes a tech expert. Economic nationalism has become the order of the day in many western economies. Given this backdrop, what are the opportunities for India, in terms of technology and innovation? In this article, I explore that while such sentiment may pose challenges, it also presents an opportunity for India, and despite Brexit, there is significant opportunity for research and innovation [...]

        Indian renewables agency strikes Bond with UK

        2018-08-01T12:55:48+00:00October 26th, 2017|2017/2018, October 2017, UK/EUROPE, Year|

        The Indian Renewable Energy Development Agency (IREDA) has become the latest Indian entity to launch a new Green Masala Bond on the London Stock Exchange. The Indian Renewable Energy Development Agency (IREDA) listed new a new Green Masala Bond on International Securities Market (ISM) to raise funds to finance renewable energy projects across India. The five-year dated bond raised approximately $300 million (Rs 19.5 billion), with a coupon of 7.125 per cent, and became the first Green Masala Bond to be listed on the ISM. “IREDA is [...]

          India’s Rural Electrification Corporation goes Green to raise funds

          2018-12-31T13:27:12+00:00July 20th, 2017|2018/2017, India Investment Journal July Edition, Sector Focus/Renewables, Year|

          The Rural Electrification Corporation (REC) launched its first Green Bond on the London Stock Exchange’s new International Securities Market (ISM) to finance renewable energy projects in India. A new 10-year dated green bond listed by REC raised $450 million, with an annual yield of 3.965 per cent. It was 3.9 times oversubscribed on the final order book and secured strong international investor interest, with Asian investors making up 68 per cent of the order book and investors from Europe, Middle East [...]

            A healthy mix is the answer to India’s energy needs

            2018-05-18T13:03:27+00:00July 17th, 2017|2018/2017, India Investment Journal July Edition, Sector Focus/Renewables, Year|

            The biggest challenge for India’s Renewable Energy targets is the intermittent nature of Wind and Solar technology, writes a power sector expert.

            India remains the fastest growing economy with GDP upwards of 7 per cent and growing population. With increasing urbanisation and growing needs and demands, the energy requirement is also growing at a CAGR of 5 per cent from FY2010.

            The capacity addition in the 11th plan (2007-2012) has been 50GW and that in 12th plan (2012-2017) and beyond is close to 130GW. The main contribution for this significant capacity addition (CAGR 10.5 per cent) has come from the private sector, which now has the largest share of 145GW followed by state sector with 104GW and remaining with central sector. With the significant capacity addition, the energy deficit which was 10 per cent in 2009-10 has reduced to 0.6 per cent in 2017-18 and the peak power deficit from 12.8 per cent to 0.6 per cent in 2017. The present energy generation in the country is close to 1300TWh with 330GW of operational capacity comprising mainly fossil fuel 225GW, Hydro 45GW and Renewables 55GW. Renewables comprise Wind, Solar Bio mass and Hydro <25MW. With 1.3-billion population, the per capita consumption of electricity is close to 1000KWh/annum – a third of global average.

              Is India’s rooftop solar market taking off?

              2018-12-03T11:56:54+00:00May 26th, 2017|2018/2017, Flagship Scheme, India Investment Journal January Edition, India Investment Journal May Edition, REWIND 2017, Year|

              A relatively slow-moving solar market in India is showing some signs of promise. The Solar Energy Corporation of India (SECI) has announced a 1,000 MW tender in order to allocate rooftop solar projects on government buildings across the country. This is the largest ever rooftop solar tender announced in India till date. Riding on the success of a previous 500 MW rooftop solar tender announced in April 2016, SECI has now doubled the allocation size. This is a welcome move [...]

                Powering up investments into India’s renewable sector

                2018-12-31T13:43:46+00:00May 26th, 2017|2018/2017, Cover Feature, India Investment Journal May Edition, Year|

                India’s power minister, Piyush Goyal, was on a European investment scouting mission recently and opened up a series of avenues for FDI into the power sector in Vienna and London. India’s Minister for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, was on a European tour in early May to lure Austria and the UK to look at investing more in India. At the Vienna Energy Forum, the discussion revolved around the world’s largest energy transformation programme which [...]

                  Shining brightly

                  2019-01-02T07:27:56+00:00May 26th, 2017|2018/2017, Flagship Scheme, India Investment Journal May Edition, Year|

                  India’s solar power sector is growing at a fast clip, helped by robust foreign and domestic investor appetite for new projects and the country’s massive 750 GW solar power potential. But it also faces significant challenges from the infirm nature of solar energy and prices falling to levels that may impact financial viability. India’s steroid-charged solar power capacity addition will take it past Japan as the world’s third largest solar market. India, which crossed 12 GW of solar power capacity [...]

                    The changing profile of FDI: Putting money where the mouth is

                    2019-01-02T07:32:02+00:00May 26th, 2017|2018/2017, India Investment Journal May Edition, The Big Story, Year|

                    Make in India, one of the flagship initiatives launched under Prime Minister Modi, has led to a step change in FDI inflows, writes an investment facilitator. The total FDI inflows into India stood at $60.1 billion in 2016-17 — the highest ever in a single year. Compared to 2013-14, this represents a 75 per cent increase. India’s achievement is even more stark when compared to falling global FDI flows as highlighted by UNCTAD. More importantly, Make in India has enabled [...]

                      Is it the right time for energy storage in India?

                      2018-12-03T12:52:14+00:00March 15th, 2017|2018/2017, Flagship Scheme, India Investment Journal March Edition, Year|

                      As India edges towards its ambitious renewable energy target, the next challenge will be effective energy storage solutions that can be made in the country. India has embarked on an ambitious programme of accelerating renewable energy deployment in the country. The target for renewable energy has been expanded multi-fold to 175 GW by 2022. A major part of the target is going to be from solar PV (100 GW) and wind energy (60 GW) and the rest from small hydro [...]