Indian power generation sector has increased by 40% from 199 GW in FY12 to over 327 GW in FY17 to become the fifth largest power generation sector globally. India's power transmission network has also grown in sync with the generation sector to enable the evacuation of additional power produced. Renewable power has played a pivoted role in this expansion with its increased contribution in the overall generation mix from 24.5 GW in FY12 to over 57.3 GW in FY17. This paper discusses several drivers such as government's renewable power targets, Central and state-level incentives, declining technology costs and facilitating sale of renewable power along with others that continue to outpace the barriers prevalent around poor financial condition of State Electricity Boards, challenges in renewable integration, concerns regarding sustainability of low renewable power tariffs and non-enforcement of renewable purchase obligations. The paper also an outlook of the overall renewable as well as solar and wind technology space.
SMEs have acted as backbone of rural India by providing ample employment opportunities and infrastructural developments. The number of SMEs in India is growing at a fast pace hence increasing the competition. Punjab is one such state having large number of SMEs in different segments. In order to diversify and excel, SMEs are undertaking innovative practices and trying to create a competitive advantage by incorporating innovation through different ways. This paper examines the relationship between Open Innovation and Business Model Innovation by interviewing 120 respondents and collecting responses with the help of a structured questionnaire. It is a descriptive study exploring relationship through linear modeling. The results of the study show significant and positive relationship among Open Innovation, Business Model Innovation
Electric vehicles (EVs) are the biggest disruption the automotive industry has witnessed in several past decades and are expected to play a wider role in the global vehicle industry going forward. The study reviews existing literature to identify certain drivers such as zero emissions, low operational and maintenance costs and barriers around low range, less matured charging infrastructure and high price. To expedite EVs adoption by tackling these barriers, players across the EV value chain need to focus on certain practical considerations. Power utilities need to stress on building charging infrastructure, planning renewable capacity additions and reducing charging time. While for automakers, focusing on increasing investments in R and D leading to better range and lower costs, developing or acquiring EV expertise, raising awareness among others may increase EV penetration. The study also explores several areas of strategic partnership between them.
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