India’s plans to impose duties on solar equipment imports threaten as much as 3,500 megawatts of planned and contracted projects, according to ACME Group, one of the biggest winners in the country’s last auction of permits.
Clara Mary lights an oil lamp in her one-room shack, revealing a 14-inch color television sitting on a blue plastic chair that she hasn’t been able to turn on since the Tamil Nadu government gave it to her three years ago.
Two years ago, Dhanyashree Basak lived off a mud road in India’s West Bengal state in a house with daily power outages and an unreliable water supply. A new factory next door that makes railway parts changed all that.
Electricity demand from investors such as Ford Motor Co., Hyundai Motor Co. and Nokia OYJ may boost coal demand in India as Tamil Nadu, the biggest wind power generator in the country, adds new coal-fired units.