Friday, April 4, 2014

Will Adani make it big with solar power ?

In the last half decade the rise of Adani group has been the most promising of any power player in India. With almost 10000 MW of power capacity, Adani has reached a formidable position in the Indian power sector. 

While the other players like Tata and Reliance are quite competitive their pre occupation with other business sectors remains a hinderance to their response to opportunities within the power arena. 

Under these circumstances, Adani's committal focus on power sector makes it a leading force to watch out for in India's quest for energy. The latest numbers for FY 2013-14 have revealed Adani power to be the largest private power producer in India

Eventually the quest for energy isn't just quest for energy, its the quest for green energy. With the Kyoto protocol chasing developing countries, its time our power sector realigned itself to greener power goals for the future. 

Question is will Adani lead the charge for India ? Until now it just has a miniscule 50 MW to its credit when it comes to solar energy. Time will tell.