Vardaan Group - Top Ten Branding For 2011

1. Learn everything about your customers. Understand them at a deep level. Know what motivates them. Know what they aspire to and what they fear.
2. Stand for something important to your customers. Let them know that you share their values.
3. Interact with your customers as if they were your partners. Respect them. Listen to them. Collaborate with them. Co-create new products and services with them.
4. Grow with your current customers. Identify how you can meet more and more of their needs. It is much less expensive to sell a current customer one more thing than it is to gain a new customer.
5. Innovate. Don’t rest on your laurels. Anticipate your customers’ needs. Give them something that they would really appreciate but perhaps had never conceived of before.
6. Become adept at social media. It is not the “end all” in marketing, but you need to know how to interact with your customers in this space.
7. Know that mass marketing is gone forever. The name of the game today is one-on-one marketing or at least customer segment marketing.
8. Outstanding service is the “cost of entry” in today’s world. You must deliver it consistently over time. If you don’t, you will lose market share.
9. Don’t forget about your customer facing employees. They are essential in creating your brand’s impression. Hire them carefully, train them well and incent them to support your brand’s promise.
10. Have fun in what you do. Love your work. Your enthusiasm will be contagious.

Vardaan Group - The luminosity of the Sun is equivalent to the luminosity of 4 trillion trillion light bulbs of 100 watt.

India's power sector has a total installed capacity of approximately 1,46,753 Megawatt (MW) of which 54% is coal-based, 25% hydro, 8% is renewables and the balance is the gas and nuclear-based. Power shortages are estimated at about 11% of total energy and 15% of peak capacity requirements and are likely to increase in the coming years. In the next 10 years, another 10,000 MW of capacity and investment of about Rs. 24 lakh crore are required.

Fortunately, India lies in sunny regions of the world. Most parts of India receive 4-7 kWh of Solar radiation per square metre per day with 250-300 sunny days in a year. India has abundant Solar resources, as it receives about 3000 hours of sunshine every year, equivalent to over 5,000 trillion kWh. India can easily utilize the Solar energy or Solar Power. Today the contribution of Solar power with an installed capacity of 9.84 MW, is a fraction (< 0.1 percent) of the total renewable energy installed 13, 242.41(as on 31st October 2008 by MNRE). Solar power generation has lagged behind other sources like wind, small hydropower, biomass etc.
But now realizing the potential of Solar energy, Prime Minister of India unveiled a National Climate Change Action Plan in June 2008. The plan will be implemented through eight missions with main focus on Solar energy in the total energy mix of the country.

Vardaan Group - Why solar energy is important and relevant for India

 Cost: Solar is currently high on absolute costs compared to other sources of power such as coal. The objective of the Solar Mission is to create conditions, through rapid scale-up of capacity and technological innovation to drive down costs towards grid parity. The Mission anticipates achieving grid parity by 2022 and parity with coal-based thermal power by 2030, but recognizes that this cost trajectory will depend upon the scale of global deployment and technology development and transfer. The cost projections vary – from 22% for every doubling of capacity to a reduction of only 60% with global deployment increasing 16 times the current level. The Mission recognizes that there are a number of off-grid solar applications particularly for meeting rural energy needs, which are already cost-effective and provides for their rapid expansion.

 Scalability: India is endowed with vast solar energy potential. About 5,000 trillion kWh per year energy is incident over India’s land area with most parts receiving 4-7 kWh per sq. m per day. Hence both technology routes for conversion of solar radiation into heat and electricity, namely, solar thermal and solar photovoltaics, can effectively be harnessed providing huge scalability for solar in India. Solar also provides the ability to generate power on a distributed basis and enables rapid capacity addition with short lead times. Off-grid decentralized and low-temperature applications will be advantageous from a rural electrification perspective and meeting other energy needs for power and heating and cooling in both rural and urban areas. The constraint on scalability will be the availability of space, since in all current applications, solar power is space intensive. In addition, without effective storage, solar power is characterized by a high degree of variability. In India, this would be particularly true in the monsoon season.

 Environmental impact: Solar energy is environmentally friendly as it has zero emissions while generating electricity or heat.

 Security of source: From an energy security perspective, solar is the most secure of all sources, since it is abundantly available. Theoretically, a small fraction of the total incident solar energy (if captured effectively) can meet the entire country’s power requirements. It is also clear that given the large proportion of poor and energy un-served population in the country, every effort needs to be made to exploit the relatively abundant sources of energy available to the country. While, today, domestic coal based power generation is the cheapest electricity source, future scenarios suggest that this could well change. Already, faced with crippling electricity shortages, price of electricity traded internally, touched Rs 7 per unit for base loads and around Rs 8.50 per unit during peak periods. The situation will also change, as the country moves towards imported coal to meet its energy demand. The price of power will have to factor in the availability of coal in international markets and the cost of developing import infrastructure. It is also evident that as the cost of environmental degradation is factored into the mining of coal, as it must, the price of this raw material will increase. In the situation of energy shortages, the country is increasing the use of diesel-based electricity, which is both expensive – costs as high as Rs 15 per unit – and polluting. It is in this situation the solar imperative is both urgent and feasible to enable the country to meet long-term energy needs.
Objectives and Targets

The objective of the National Solar Mission is to establish India as a global leader in solar energy, by creating the policy conditions for its diffusion across the country as quickly as possible. The Mission will adopt a 3-phase approach, spanning the remaining period of the 11th Plan and first year of the 12th Plan (2012-13) as Phase1, the remaining 4 years of the 12th Plan (2013-17) as Phase2 and the 13th Plan (2017-22) as Phase3. At the end of each plan, and mid-term during the 12th and 13th Plans, there will be an evaluation of progress, review of capacity and targets for subsequent phases, based on emerging cost and technology trends, both domestic and global. The aim would be to protect Government from subsidy exposure in case expected cost reduction does not materialize or is more rapid than expected.

The immediate aim of the Mission is to focus on setting up an enabling environment for solar technology penetration in the country both at a centralized and decentralized level. The first phase (up to 2013) will focus on capturing of the low-hanging options in solar thermal; on promoting off-grid systems to serve populations without access to commercial energy and modest capacity addition in grid-based systems. In the second phase, after taking into account the experience of the initial years, capacity will be aggressively ramped up to create conditions for up scaled and competitive solar energy penetration in the country.

How can we achieve “ Solar India”?

• To create an enabling policy framework for the deployment of 20,000 MW of solar power by 2022.

• To ramp up capacity of grid-connected solar power generation to 1000 MW within three years – by 2013; an additional 3000 MW by 2017 through the mandatory use of the renewable purchase obligation by utilities backed with a preferential tariff. This capacity can be more than doubled – reaching 10,000MW installed power by 2017 or more, based on the enhanced and enabled international finance and technology transfer. The ambitious target for 2022 of 20,000 MW or more, will be dependent on the ‘learning’ of the first two phases, which if successful, could lead to conditions of grid-competitive solar power. The transition could be appropriately up scaled, based on availability of international finance and technology.

• To create favourable conditions for solar manufacturing capability, particularly solar thermal for indigenous production and market leadership.

• To promote programmes for off grid applications, reaching 1000 MW by 2017 and 2000 MW by 2022 .

• To achieve 15 million sq. meters solar thermal collector area by 2017 and 20 million by 2022.

• To deploy 20 million solar lighting systems for rural areas by 2022.

Thus, for centuries Sun has been worshipped in our country as a source of health and once again, we are placing our faith in the sun to energize our nation!

Vardaan's Group favour on Decentralized Energy Generation in India

Microgeneration, also called “micropower”, is the generation of zero or low-carbon electrical power by individuals, small businesses and communities to meet their own needs. The most widely-used microgeneration technologies include small wind turbines, solar power photovoltaic or biomass conversion systems that have been promoted for decades as alternative sources of renewable energy. Because of technological advances, microgeneration now includes handheld solar and wind-power recharging devices for personal electronics, as well as advanced photovoltaic, biomass and wind-turbine systems for domestic and industrial power generation.

Traditional “megapower” production of electricity is insufficient today because of exponential industrial growth and high living standard. Microgeneration can act as a catalyst for cultural changes in consumer attitude, and provides evidence of the important impact that microgeneration has on consumers’ attitude and behavior regarding energy production and use. Microgeneration is both a serious form of clean energy production and also a cultural movement that is gathering momentum worldwide. Microgeneration technologies include small wind turbines, biomass gasifiers, solar power, micro-hydro, or a combination of these technologies. Prima-facie renewable energy may appear a bit costlier than the conventional source of energy, but looking at the benefit of continuous power availability and great contribution against global warming, it is worth.

Industrialized countries, like USA, Australia, Japan, have formulated action plan to foster sustainable energy to make judicious use of renewable energy resources. For example, USA has announced massive renewable energy program, to generate large share of total energy requirement from renewable energy sources by 2025, which will create 5 million new job opportunities in various areas of Renewable Energy.

Proposed Guidelines for Power Consumers in India

* Explore all possibilities to set-up an independent power plant making use of renewable resources like solar, wind and biomass.
* Use of government / utility electricity supply, only in case of emergency.
* Energy savings by using low wattage / high luminous lamps (CFL / LED).
* Use of power factor improves.
* Regular maintenance and servicing of electrical equipments.
* Avoidance of inverters and large storage batteries (except emergency).
* Intelligent power factor correctors to minimize energy losses in capacitor at lower load conditions.
* Frequent energy audits

Proposed Guidelines for Policy Makers in India
* Vigorous promotion of renewable energy by government agencies, corporate, public sector, academic institutions etc.
* Establishment of national-level body to increase awareness of renewable energy at grass-root level
* Financial support and sponsorship for research and development in renewable energy technologies.
* Ambitious goals and targets for power generation non-conventional sources.
* Installation of solar / wind / biomass power generation systems and energy saving in every government office to encourage and inspire people.
* Restriction on using large battery energy storage systems.
* Compulsory installation of solar water heating systems for all urban residential and commercial establishments.
* Mandatory renewable energy systems provision for new residential, commercial and industrial buildings.
* Attractive incentives and subsidies for installation and successful operation of renewable energy equipment.
* Abolishing duties / taxes on import of small-scale renewable energy generating equipment
* Cultivation of energy crops on marginal and degraded land
* Use of biofuels in vehicles.
* Soft loans for setting up renewable energy enterprises.
* Additional incentives for buyers and manufacturers of renewable energy equipments in rural areas.

Guidelines for Research Professionals
* Development of comprehensive educational and awareness modules for renewable energy systems.
* Development of cost-effective, high-efficiency and long-lasting photovoltaic cells.
* Development of high efficiency wind turbines, ranging from 300 W – 10 kW, to generate energy even at low wind velocity.
* Development of small-scale, low maintenance biomass gasifiers to make use of abundant biomass resources in rural areas for cogeneration
Conclusion

There is an urgent need for transition from petroleum-based energy systems to one based on renewable resources to decrease reliance on depleting reserves of fossil fuels and to mitigate climate change.

In addition, renewable energy has the potential to create many employment opportunities at all levels, especially in rural areas. An emphasis on presenting the real picture of massive renewable energy potential, it would be possible to attract foreign investments to herald a Green Energy Revolution in India.

Vardaan Group in Solar Energy in India – The Great Indian Potential

India has a great potential to generate electricity from solar energy.

Some main drivers for solar power plants in India are:
1) To meet India’s growing energy demand – the non-renewable sources of energy may not cope-up with that demand with its robust economic & population growth. Renewable sources are one of the solutions this constant issue, in the long term.

2) Increased focus on Green technology – with increased focus in the recent years the idea of solar plants will be encouraged ex: Solar water heating

3) Support from Government – Government is helping in the form of various subsidies, rebate on interest to solar energy based industries, technology-transfer agreement with countries, to name a few. This will attract more new players or established businesses to invest in solar plants. For ex: Wind energy power sector saw good growth in the past, when subsidies were introduced.

4) India is also in a good position because of the intense heat. “Arid regions receive plentiful solar radiation,” says Dr. M. N. Nahar, principal scientist of the Division of Agriculture and Energy at the Central Arid Zone Research Institute (CAZRI). In computed global solar radiation of arid stations in the Indian states of Rajasthan, Gujarat and Haryana, it was found that Jaisalmer, Rajasthan, receives the maximum radiation at 6.27 kWh/m2 per day; the average daily duration of bright sunshine in Jodhpur, Rajasthan is 8.9 hours.

Some benefits India can reap from solar Energy applications:
1) Lesser pollution. How? According to a report, (http://cat.inist.fr/aModele=afficheN&cpsidt=14112184), the average intensity of solar radiation received on India is 200 MW/km2. Even if 10% of this area is used, the solar energy that can be made available to us would be 8 million MW (equivalent to 5909 mtoe: million tons of oil equivalent) per year – this leads to less pollution by that amount

2) It can help India to reduce its import bills significantly if solar energy can be used for domestic purposes as well (Ex: cooking, heating, drying etc…).

3) Thermal solar energy can be used for water heating, cooking, drying, water distillation, refrigeration, and space heating and cooling. “One of the most crucial of these uses is cooking, as half the total energy consumed in developing countries is used in the domestic cooking sector” according to Nahar

4) Finally, it’s a step towards achieving of Vision 20-20 target of becoming energy independent

Talk of solar energy usage in India, what have we been successful at?

* Did we know that there are 500,000 plus solar cookers in use today?
* Did we know that we have the world’s largest solar cooking venue in Tirupati ? This place provides food for more than 15,000 people each day using these solar panels
* Did we know that India is the only country which has a separate ministry for alternative energy?

Where do we stand?

Look at the solar technology and it is mainly divided into thermal and photovoltaic.

Thermal solar power uses the heat of the sun, and photovoltaics, or PV, is the technology that converts its light directly into electricity.

In India:

* the second method has been very successful. Ex: Solar water heaters. They are a hit in India, with most households adopting them. Number of players or suppliers in the market is also increasing.
* the first method first option has been partially successful in India. For getting good at this, we need to master the process of ‘Silicon Wafer making’ – which we have not yet achieved. For developing successful product and for sustenance, we need make our own silicon wafers.

Alternatives have been suggested; for ex: screen printing of semiconducting material or other photovoltaic material on insulating base (ceramic or glass). This is being tried out. Also experiments using organic compounds have also been reported in literature. However, mass production is far away.

The newest and developing fast technology in solar energy generation is thin film technology, however the Indian subsidiary manufacturing plant of Moser Baer is ready for production of thin film photovoltaic modules at Greater Noida, India. The 40MW capacity line is being described as the largest thin film solar line in India. Many Indian startups are also entering this space.

Vardaan Group on Solar Energy in India – Gujarat to host World’s Largest Plant, India’s grand plans..and more

Gujarat government has signed a MoU with Clinton Foundation to build the world’s largest solar-power plant in the region. The 3,000-megawatt plant near the border between India and Pakistan would be one of four planned by the initiative, a William J. Clinton Foundation program to promote renewable energy. The other proposed sites are in California, South Africa, and Australia.

Of all the Indian state governments, Gujarat has taken bold steps towards ‘solarizing’ the state – the government is even offering 25-year fixed-rate tariff contracts, and 35,000 sq. km. area of Thar Desert has been set aside for solar power projects.

Vardaan Distribution Plans - A New Green Business appreciated all over India

Vardaan Group - India plans 55 per cent subsidy on solar installations for homes and offices

India will provide a 55 per cent subsidy on solar power installations for homes and offices, according to a senior government official.

The subsidy will come from the $22bn (£13.4bn) that the federal government plans to budget for solar power development to 2030, Farooq Abdullah, minister of new and renewable energy, told India’s Economic Times newspaper yesterday.

He said the subsidy would help drive solar installations, resulting in greater economies of scale for solar cell and panel makers. As a result, manufacturers would be able to drop prices.

Both initiatives are part of India’s National Solar Mission, an ambitious scheme aimed at having 200GW of installed capacity by 2050, up from the current 3MW.

The mission is slated to be launched on 14 November, Abdullah said. He did not say when the solar subsidy would take effect.

In recent months, the mission has come under international scrutiny, with some analysts believing that the government will rely heavily on funding from western nations to achieve its targets.

Abdullah acknowledged that foreign help will be needed if India is to realise its goal.
Solar energy “is one avenue of power that remains underexplored in India”, he told the Economic Times. “In order to make advances in solar power, we are in talks with western countries like the US, Spain and Germany for free technology transfers.”

Abdullah added that “free technology transfers will attract conditions, of course. We are trying to work those out.” He did not elaborate on the terms being discussed.

India has about nine solar cell manufacturers and around 20 module manufacturers. However, it lacks wafer manufacturing capacity and a domestic supplier of polysilicon.

For its part, India is likely to offer financial incentives to overseas companies, many of which “were finding it difficult to get loans to set up [alternative] energy production plants”, Abdullah told the Times of India newspaper yesterday. “My ministry will ensure that the difficulty is removed,” he added.

Vardaan Group - World Bank Report - Unleashing the Potential of Renewable Energy in India

A new World Bank report says developing indigenous renewable energy sources which have low marginal costs of generation are more economically viable in the long run. Renewables can play an important role in increasing India’s energy security by diversifying supply, reducing import dependence and mitigating

The Report Unleashing the Potential of Renewable Energy in India is a diagnosis, assessing the feasibility of developing Renewable Energy (RE) in India. The Report is based on data from nearly 180 wind, biomass, and small hydropower projects in 20 states, as well as information from the Ministry of New and Renewable Energy (MNRE) and the Central Electricity Regulatory Commission (CERC).

India’s electricity demand is expected to grow at an average annual rate of 7.4 percent in the next 25 years. Generation capacity will have to increase fivefold to keep pace with demand growth. The Integrated Energy Policy Report, 2006, also estimates that nearly three-fourths of the installed capacity will be thermal–based (with coal and gas as feedstock). The gap between supply and demand is likely to increase unless adequate measures are taken to bring in new generation capacity and improve operational efficiency in the distribution and management of power utilities.

Today, more than three-fourths of India’s electricity production depends on coal and natural gas. At current usage levels, India’s coal reserves are projected to run out in 45 years. India already imports 10 percent of its coal for electricity generation, and the figure is projected to increase to 16 percent by 2011.

With about 150GW of known resource potential—of which only about 10 percent has been developed— renewable energy can be an important part of the solution to India’s energy shortage, says the Report.

“Renewable energy is seen as the next big technology industry, with the potential to transform the trillion dollar energy industry across the world. China has seized this initiative as it strives to become a world leader in manufacturing renewable energy equipment. Investing in renewable energy would enable India to develop globally competitive industries and technologies that can provide new opportunities for growth,” said Inger Andersen, Vice-President, Sustainable Development Network, World Bank.
Economic and financial potential of renewable

Renewable energy development can also be an important tool for regional economic development within India, the Report suggests. Himachal Pradesh, Jammu and Kashmir and Uttarakhand have 65 percent of India’s small hydropower resources. Much of the economically attractive wind potential in Orissa or the biomass potential in Madhya Pradesh also lies largely undeveloped. Developing renewable energy in these states can provide secure electricity supply to foster domestic industrial development, attract new investments, create employment, and generate additional state income by allowing the states to sell renewable energy trading certificates to other states.

The Report suggests that about 3GW of renewable energy – all from small hydropower is economically feasible, when the avoided cost of coal-based generation of Rs 3.08/kWh is considered. About 59GW of renewable energy in wind, biomass, and small hydropower is available at less than Rs 5/kWh. The entire cumulative capacity of 68GW in these three technologies can be harnessed at less than Rs 6/kWh. About 62GW—90 percent of cumulative renewable capacity in wind, biomass, and small hydropower—is economically feasible when the environmental premiums on coal are brought into consideration.

Like coal, gas and oil have witnessed considerable price volatility in recent years. Renewables are the only free hedging mechanism against price volatility of fossil fuels. The risk-adjusted cost of renewable energy is lower than that of fossil based fuels, and their use enhances the price certainty of the portfolio and increases energy security, it says.

Small hydropower—one of the least expensive and most attractive forms of renewable energy—lies largely untapped. It is the most economically viable form of renewable technology, with an average economic cost of Rs 3.56/kWh followed by biomass-based generation at Rs 4.6/kWh and Rs 4.9/kWh for wind-based generation. In fact, the generation costs of small hydropower are comparable with thermal generation sources, and the generation costs of biomass are comparable to those of wind. This resource is the most attractive in Andhra Pradesh, Haryana, Himachal Pradesh, Punjab, and Uttaranchal.

“India needs to apply multi-pronged solutions to achieve the massive additions in generation capacity to meet the demands of its fast-growing economy. Renewable energy is one such solution, particularly in light of its economic feasibility. The entire renewable potential including solar is less expensive than diesel, where existing 20 GW of diesel based installed capacity points to innovative possibilities of scaling up renewable in a big way,” said N. Roberto Zagha, World Bank Country Director in India.

Looking forward

Realizing the need to bridge this gap, the government has set an ambitious target of installing at least 40GW of additional capacity of renewables in the next 10 years. To add 40GW by 2022, India will not only have to meet ambitious targets of National Solar Mission, double its wind capacity, quadruple its small hydropower power capacity, fully realize co-generation capacity, and increase biomass realization by a factor of five to six. These ambitious targets have made creation of an enabling environment for renewable energy development particularly urgent and topical, the report adds.

“India has, no doubt, made tremendous strides in establishing overarching policy framework and institutions to bring renewable in the mainstream of energy mix. The World Bank is looking forward to partner the Government to achieve its ambitious target of 40 GW of renewable energy development,”said John Henry Stein, Sector Director, Sustainable Development Network.

However, significant financial and regulatory barriers to renewable energy development remain, the Report says. Projects are held back by the large number of clearances required during the development cycle. The biomass sector is paralyzed by spiraling fuel costs. .

The report suggests single window clearance for all renewable projects, promoting innovative approaches, a competitive bidding process, and providing long-term funding options for producers.

Vardaan Group on Research & Development

The Research and Development (R&D) efforts in the
Solar Photovoltaic technology have been aimed at development of
materials used in fabrication of Solar cells and modules, different
types of Solar cell device structures, module designs, components,
sub-systems and systems, with a view to reduce the cost and improve the
overall efficiency at different stages. The Ministry has been sponsoring
Research and Development projects on different aspects of the PV
technology in academic and research institutions, national laboratories,
IITs and industry, for development of new materials, processes, systems,
production and testing equipment for Solar cells and modules and
electronics used in the PV systems.

There are number of R & D projects are going on Solar PV Program in
India.

• The Solar Energy Centre has been established by Government of
  India as a part of MNRE to undertake activities related to design,
  development, testing, standardization, consultancy, training and
  information dissemination in the field of Solar Energy.
• Recently, development of polycrystalline silicon thin film Solar
  cells and small area Solar cells concluded at the Indian Association
  for Cultivation of Science at Jadavpur University.
• The National Physical Laboratory, New Delhi is working on
  development of materials and process to make dye sensitized
  nano-crystalline TiO2 thin films.
• The Centre for Materials for Electronics, Pune has been working
  on development of phosphorous paste for diffusion of impurities in
  Solar cells.
• Under a joint R&D project of MNRE and Department of Science &
  Technology (DST), the Indian Association for Cultivation of Science
  (IACS), Kolkata continued to work on optimization of process for
  fabrication of large area double junction amorphous silicon modules.
• Indian Institute of Science, Bangalore to develop efficient
  electronic system for connecting small PV systems to the grid.
• Indian Institute of Technology Bombay to work on development and
  testing of low concentration PV systems.
• The scientists at the Indian Association for Cultivation of
  Sciences, Jadavpur continued their work on development of nano and
  multi junction silicon thin film Solar cells and optimization of the
  performance of multi junction thin film Solar cells through computer
  modeling.
• A proto type Solar car was successfully developed and
  demonstrated by the students of Delhi college of Engineering. The
  car operates on Solar power, which is stored in storage batteries.
  In one charge the car is capable of traveling about 70 km. The
  maximum speed of the car was demonstrated at 60 km/hr. The Solar car
  was also displayed in the 9th Auto Expo held in New Delhi during
  10-17th January, 2009.

Vardaan Group on Solar's Present Status

As a result of the efforts made during the past quarter century, a number of devices have been developed and have become commercially viable. These include Solar Water Heaters, Solar Cookers, Solar Lanterns, Solar Street Lights, Solar Water Pumps.

India has started wide Solar Photovoltaic Program for about 2 decades and has installed an aggregate 1.3 million systems. However, now the focus of the 11th year plan is on the grid connected power generation. India's Integrated Rural Energy Program using Solar energy had served 300 districts and around 2,300 villages.

The production during 2007-08 (till December 2007) is estimated to be over 40 MWp of Solar cells and 60 MWp of PV modules.

Growth in Indian PV
Production

Source	Capacity
Solar Street Lightning Systems	70,474 nos
Home Lightning System	4,34,692 nos
Solar Lanterns	6,97,419 nos
Solar PV Power Plants	8.01 MWp
Soar Water Heating Systems	2.45 Mn Sq mt of collector area
Box Type Solar cookers	6.37 lakhs
Solar PV Pumps	7,148 nos

as on 31st October
2008 by MNRE

 

Vardaan Group - Solar Power In India

India's power sector has a total installed capacity of approximately 1,46,753 Megawatt (MW) of which 54% is coal-based, 25% hydro, 8% is renewables and the balance is the gas and nuclear-based. Power shortages are estimated at about 11% of total energy and 15% of peak capacity requirements and are likely to increase in the coming years. In the next 10 years, another 10,000 MW of capacity and investment of about Rs. 24 lakh crore are required.

Fortunately, India lies in sunny regions of the world. Most parts of India receive 4-7 kWh of Solar radiation per square metre per day with 250-300 sunny days in a year. India has abundant Solar resources, as it receives about 3000 hours of sunshine every year, equivalent to over 5,000 trillion kWh. India can easily utilize the Solar energy or Solar Power. Today the contribution of Solar power with an installed capacity of 9.84 MW, is a fraction (< 0.1 percent) of the total renewable energy installed 13, 242.41(as on 31st October 2008 by MNRE). Solar power generation has lagged behind other sources like wind, small hydropower, biomass etc.
But now realizing the potential of Solar energy, Prime Minister of India unveiled a National Climate Change Action Plan in June 2008. The plan will be implemented through eight missions with main focus on Solar energy in the total energy mix of the country.

Vardaan Group - How fast will your money grow !!!

Rule of 72: This tells you in how much time your money will double. Divide 72 by the interest rate you are compounding your money with and you will arrive at the number of years it will take to double in value.
If the interest rate is 9%, then your money will double in:
(72/9=8) 8 years

Rule of 114: Use this to estimate how long it will take to triple your money. It works the same way as the rule of 72.
Divide 114 by the interest rate to know in how many years Rs 10,000 will become Rs 30,000.

Rule of 44: Similarly, this tells you in how much time your investment will quadruple in value.
For instance, if the interest rate is 12%, Rs 10,000 becomes Rs 40,000 in 12 years.

Rule of 70: This is a useful rule for predicting your future buying power. Divide 70 by the current inflation to know how fast the value of your investment will get reduced to half its present value.

This is especially useful for retirement planning, as it affects the way you set up your monthly withdrawals. However, do remember that inflation varies from time to time.

Inflation of 7% will reduce the value of your money to half in
(70/7 = 10) 10 years


The 10, 5, 3 Rule: This is a neat little rule that states that you can expect returns of 10% from equities, 5% from bonds and 3% on liquid cash and cash-like accounts.

Pay yourself first rule: Right from your first salary, put away a little for your retirement. Experts say 10% of your income should go into this. It is important to increase the amount as your income rises over the years.

100 minus your age rule: This rule is used for asset allocation. Subtract your age from 100 to find out how much of your portfolio should be allocated to equities.

The emergency fund rule: Put away at least 3-6 months' worth of expenses in a liquid savings account to ensure it is available at a short notice.

If every month you invest Rs 5,000 in a plan that grows 8.5% annually and increase your investment by 10% every year, after 30 years, you will have Rs 2.5 crore.

4% withdrawal rule: How much should I withdraw during retirement? We often use the 4% rule to protect the principle and determine how much one can take from the retirement savings.

If every month you withdraw, Rs 50,000, you need a corpus of Rs 1 crore to sustain monthly withdrawals for the next 25 years if the corpus earns 9% and inflation is 6%.

Vardaan Group on SOLAR ENERGY in India - An Ultimate Source of Power and Money

India is densely populated and has high solar insolation, an ideal combination for using solar power in India. India is already a leader in wind power generation (Wind power in India). India is one of the pioneering industries in the world generate non-conventional energy, in this case, wind energy. In the solar energy sector, some large projects have been proposed, and a 35,000 km2 area of the Thar Desert has been set aside for solar power projects, sufficient to generate 700 GW to 2,100 GW (gigawatt).

In July 2009, India unveiled a US$19 billion plan, to produce 20 GW of solar power by 2020.

Under the plan, the use of solar-powered equipment and applications would be made compulsory in all government buildings including hospitals and hotels.

On November 18, 2009, it was reported that India was ready to launch its National Solar Mission under the National Action Plan on Climate Change, with plans to generate 1,000 MW of power by 2013

Latent potential

Some noted think-tanks recommend that India should adopt a policy of developing solar power as a dominant component of the renewable energy mix, since being a densely populated region in the sunny tropical belt, the subcontinent has the ideal combination of both high solar insolation and a big potential consumer base density. In one of the analyzed scenarios, while reining on its long-term carbon emissions without compromising its economic growth potential, India can make renewable resources like solar the backbone of its economy by 2020.

Vardaan (as SEATCO's Akshya Urja in association with Ministry of Renewable Energy, Govt. of India and Maharashtra Energy Development Agency, Govt. of India) has come up with a new idea to empower our business associates across India.

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Vardaan Group is Adding Awareness, Bussiness Opportunities & Employments to Public in Renewable Energy

Awareness & Self Employment through Trainings: In this program, we had given training of repairing & assembling of different types of Solar Lighting to unemployed tribal Youths. We are regularly monitoring the position, where & how they all getting benefits of this program. Some of them are now working on daily wages at Forest’s Wireless Centers.

Vardaan Creating Green Partners Across India: Vardaan understands the great business potential of Renewable Energy in India as according to the GlobalData report, India is fast emerging as one of the leading renewable energy markets in the world. It considers that the growth has become possible due to the winsome type of policies formulated by the state as well as the central government and the support provided by the regulatory authorities for renewable energy investments. The country is planning to initiate further steps to make the Indian renewable energy market more lucrative. Recently, the National Action Plan for Climate Change (NAPCC) has suggested the introduction of a Renewable Energy Certificate (REC) system to encourage renewable energy investments and to deal with the issue of global of warming.

The REC system is expected to become functional by the first quarter of 2011 and it is anticipated to separate the normal power production with that of the renewable energy power production. The success of the REC program to a larger level rely on the Renewable Purchase Obligations (RPO) accepted by the states, the target level of such acceptance and pricing offered for the Renewable Energy Credits (REC).

The report is anticipated to enable the users to understand the factors that fuel the REC Market in India to assist them to formulate their own market strategies in tone with the market, to understand its implications on the shareholders of various REC markets, make various types of comparisons and place them in an advantageous position to understand the renewable energy market in India.(Report by GlobalData)