A look at Indian solar bids so far --To be or not to be (To bid or not to bid)

Good question to bid or not and to who that is the question.?

I believe that it could be done in both ways, but at the end of the day the tariffs ate to be payble and the end users are to touch the differences by saving money in the cost they pay against there own consumption of electricity

Very well put. Non serious players may only add up NPAS.

Was the reverse bid a bad idea? : Could have opted after successful execution of size-able MW addition under FIT Did the government do proper studies of the cost of the project before declaring the bid maximum? Simply takes advantage of the Hype Was it a question of plenty (too many bids coming up in too short a time)? Would it have been better to have a few bids and adopt a wait-and-watch methodology to ensure that the projects do take off and later declare more bids? Its with a view to meet the aggressive targets set by GOI. Development of grid infrastructure for transmission of power,measures to balance the grid with higher RE Penetration level not taken into consideration.Creation & development of RE assets need to travel in line with better PE infra,creation of additional spin reserve to absorb the intermitency of RE Power too should have been taken care Did the companies do proper analysis and quote or were they carried off by their exuberance? Majority of the time seems got carried away.Not many risk factors are taken into consideration and simply assume always 1+1=2.What happened to the matured wind segment as many investors were taken by surprise when DISCOMS in TN,RAJ resorted to forced grid back down and in the process losing 30-40% of generation.India does not have the track of YOY power reduction of modules and at present we are simply considering the factors/characteristics offered by the manufacturers.One need to have sufficient cushion to absorb incase of any deviation especially working with wafer thin margin/lower tariff level Did the bidders have a finance tie-up before bidding or were they expecting financing to” fall from heaven”? I doubt .In some of the cases the bidders are able to enter into a flexible agreement in terms of pricing,payment schedule,deferred payment etc... with module suppliers taking into account the idle capacity available Why are the financing companies/investors reluctant to finance the projects now? 1.Lower tariff level and cutting too fine and leaving absolutely no scope for any deviation even to the extent of 2-5% is considered as a risky proportion.2.Any deviation in output ,increased op.cost even by 1-2% would have serious consequential effect on the viability of the project and meet its repayment commitments.3.Does not have a lengthy track record of achieving the projected generation,life of the modules etc.. Why are we not seeing any of the bidders taking the route of accessing money from public? Finally, is the bid route better or a FIT (Feed in Tariff) route better? Aggressive reverse bidding may force the investors to compromise on quality and a reasonable FIT would offer an equal level playing field for all.Already we have the success story of wind and i do not find any harm in adopting the same route.

I don't see bigger problems here! Surely it'll take a time to get everything right in a first go, considering the pace of bids. Is SunEdison following the Kingfisher way?