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The increase in the installed capacity of solar in India from 2.82 Giga Watts (GW) to 73.32 GW over the past nearly ten years is reflective of the country’s policy push for decarbonization of the energy sector for climate change mitigation.
The capacity utilisation of thermal power plants will increase by a percentage point to 69 per cent in 2024-25, led by the growth in electricity demand and limited thermal capacity addition, says rating agency ICRA.
Experts said India is not far away from developing manufacturing capacity for PV modules/solar panels and cater to the fast-growing export market, which is largely dominated by China at present
Minister for Power and New & Renewable Energy R. K. Singh said on Friday that India is adding renewable energy capacity at a pace that is one of the fastest in the world and is likely to increase its power capacity from non-fossil fuels to ...
"Buying great businesses at average prices is as much value investing as buying average businesses at great prices. The idea that every business trading at a low P/E, P/B, P/anything ratio is a 'value stock' is just plain stupid."