Will Strategy Prevail over Economics? An Analysis of Charanka Solar Park in Gujarat

Saif Siddiqui and Sumaira Jan

South Asian Journal of Business and Management Cases, 2016, vol. 5, issue 2, 162-167

Abstract: The Charanka Solar Park, one of the world’s largest multi-developer and multi-beneficiary solar parks, is the hub of solar power production in India. It contributes about 6 per cent to the total solar power production in the country. Although solar power is more expensive than the traditional power in the country, its sheen is still not high to make it a potential source to eliminate energy crisis not just in India but all across the world. Researchers are continuously pushing their envelope to explore as to why solar energy should be adopted over traditional energy sources irrespective of the fact that it is more expensive. The war between its financial and strategic viability is going on. Efforts are being made in the direction of reducing its costs and making it as a financially viable and strategically active option. This case is an attempt in the same direction. We are using Charanka Solar Park as a base to explore if there is any future for such projects in the country. There are projects which are no doubt operational but their long-term viability is truly questionable.

Keywords: Solar energy; strategy; economics; financial viability (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sae:sajbmc:v:5:y:2016:i:2:p:162-167

DOI: 10.1177/2277977916665978

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