Highlights: Highly profitable solar products – cum – EPC Led by seasoned technical professionals Implemented projects pan India Looking for Rs 60-100 crore growth capital One of Solar Mango’s clients is a vertically integrated Hyderabad based solar EPC – cum…
Consolidation in the Indian Solar and Other RE Sectors
Recently, I had written a detailed blog post on the M&A and related investments happening in the Indian solar power sector. Read an interesting article in the Hindu Business Line that reviewed the various M&A and investment activities happening in…
What is the right solar tariff for India – 4.78, 4.63 or 4.34?
After an avalanche of low solar tariffs ending with a super low solar tariff of Rs 4.34/kWh in the latest reverse biddings held in Nov ’15 and Jan ’16, the market suddenly seems to be retracting. The recent lowest discovered tariff…
Karnataka Farmer’s Solar Scheme – Solar Mango Assistance in Financing Avenues for Farmers & Investors
The Karnataka farmer’s scheme, which was launched in 2015, has been one of the most attractive schemes. It provides Rs 8.4/kWh as the tariff, one of the highest in the country, and farmers holding land in Karnataka could bid for upto 3…
Captive Solar Power Plants Becoming popular with Indian Companies
I had earlier written a blog post Captive Solar Power Plant – Is it Good for My Company? that received quite a few queries and comments, with some of them saying it is a bit too early for Indian companies…
Softbank Too Bids at Rs 4.63/kWh for 350 MW Solar – An Analysis of the Magic Number 4.63
All right, so a few weeks back, we were all circumspect when Sun Edison bid at Rs 4.63/kWh for 350 MW solar power plant in Andhra Pradesh under the National Solar Mission. How could this be? – we asked among ourselves. Perhaps Sun Edison…
Business Models for MW Solar Power Plants in India
For those keen on becoming a solar power developer in India, it is important to understand the various business models under which solar power plants get built. Power plant development belongs more to the infrastructure sector than to consumer product sector, in the sense…
Costs for Small MW-Scale Grid Connected Power Plants in India – LCOE and Optimal Tariff
Within this section you will find Highlights & inferences Introduction Maximising power generation – details Minimizing costs – details With solar trackers Pessimistic assumptions Acceptable assumptions Optimistic assumptions Without solar trackers Pessimistic assumptions Acceptable assumptions Optimistic assumptions Summary for small…
Indian Banks and their Lending for the Solar Sector
It is a well-known cliche that banks are most willing to lend to those who…don’t need their money. It is somewhat true for solar as well. Or at least the corollary is true – Indian banks have not exactly been…
Private Solar PPAs – 61 MW Solar Project to Provide Power to Google Data Center
Currently, most solar power generation in countries such as India takes place through grid-connected, MW scale solar power plants. Of course, until recent times it was the other way round – with Germany and Japan having over 90% of their solar power generated from distributed,…