Am happy to read the comments. My comments in response to some of these:
Dinesh-Madan and lee-gee: Profitability is important for making sustainable investments. I think adding power generation capacities is the core priority of the day. The rest are not as important as enough is being/has been done for other sector. The 'fancy projects' in solar have created awareness and brought in more investments from the private sector.
MaheshBhave: Even if it is after a couple of decades, I look forward to the day when people will carry their solar power source in their pockets.
amalik4949: Agreed that IT was exported and didn't have to deal with bureaucracy/corruption. For solar, the latter will surely remain. On the positive side, the domestic market is so large that it can sustain all existing solar companies of the world.
e-v-r-sastry-38156: Yes - it is just one point, that tonnes of money is waiting in the queue to be invested. This capital will actually get deployed when the sector becomes fairly independent of government policies.
Bob_Wallace: Diesel-replacement, gas-based captive power plants replacement and off-grid/micro-grid market segments are fairly government-independent and these can really be market-changing in their own right. I continue to emphasise on solar companies in India to invest in demo projects across the country and consider it as a marketing expense to generate awareness/build brands. I wish there were more takers. :)
Hello, I have read that the UP govt has announced the final policy. Is a formal doc released? Can you share a copy of the policy doc if you have? My email id is email@example.com.
@jigar, I have seen how two bidders looked at the bidding process - first priority was to win the bid. second, wait for 6-9 months by when modules prices would further crash. Some companies that followed this model and won the earlier bids are yet to implement their projects.
@tsagar, Solairedirect alone is not threatening the diesel genset industry. It is not about one particular company. It is the new cost of solar technologies. Any industrial unit now will need to explore setting up a captive solar power plant, rather than invest in a new genset or keep pumping monies in diesel.