Waaree Solar PV leader  Successfully exporting to USA, Vietnam, Hong Kong, Yemen, Turkey, Italy, Bahrain, the Philippines, Canada, Uganda, and Japan.

This has not only bolstered the company’s profitability but also strengthened India’s presence in the global market, positioning it as a key player after China in the solar energy sector.

 Indian Economy Growth

Indian economy has been booming in recent year with GDP increasing at around 6% to 7% rate The reasons behind this boom are strong domestic demand, foreign investments, economic reforms, supportive policies, and digitalization amongst others. Indian economy is expected to grow further and is seen as one of the most promising Economies in the world.

Waaree Energies Technology Adaptation 

Waaree Energy upgraded manufacturing capacities and implemented new technologies, 130-140 GW of solar capacity addition between Fiscals 2024 and 2028, followed by 24-25 GW through wind. Growth in capacity additions will be driven by government support, with an aggressive tendering roadmap outlined by the government. A few external factors such as an improvement in technology (floating solar and module efficiency low-cost financing and policy push are enablers.

PV Solar Cell Projected Demand by 2030

The global solar PV manufacturing capacity is projected to approach nearly 1,000 GW by 2024 a capacity sufficient to cater to the expected annual demand of nearly approximately 650 GW by the year 2030 as projected by International Energy Agency (“IEA”). In 2022, global solar PV manufacturing capacity increased by over 70% to reach almost 450 GW

 Solar Module Manufacturing

India aims to build its presence across all stages of PV manufacturing over the next two to three years. In November 2020, the GoI introduced the PLI scheme for manufacturing high-efficiency solar PV modules with a financial outlay of ₹ 45 billion. Consulting firm expects solar PV manufacturing Capacity to reach 90 GW to 95 GW by Fiscal 2028. Solar PV module manufacturing capacity has been awarded to 11 companies, with a total outlay of ₹ 140 billion. As per the government estimates.

PV Cell Global Market

Exports experienced explosive growth, increasing by 11 times year-on-year in fiscal 2023, driven by demand from the USA. The ban on China’s region has enabled Indian module makers to fill the void by supplying approximately, Export demand will also be supported by other key renewable energy markets, such as the Middle East, the European Union, and Latin American nations.

Domestic Peers Competitors 

Competitive mapping covers the details of companies, their products and services within a given market .The top 5 players namely, Waaree Energies, Adani Solar (Mundra), Goldi Solar, Vikram Solar, and Emmvee Photovoltaic.

• VIKRAM SOLAR
• MUNDRA SOLAR PV
• PREMIER ENERGIES
• RENEWSYS INDIA
• EMMVEE PHOTOPHOLTAIC
• ALPEX SOLAR
• ADANI
• RELIANCE
• GOLDI SOLAR
• TATA POWER SOLAR SYSTEMS
• WEBSOL ENERGY SYSTEMS

Waaree Energy Listing 29 Oct.

Waaree Energy IPO Price ₹ 1503,

Listed at ₹ 2500 ,  Today high ₹ 2,624.4.

Listing Gain  66.3%

Mcap , ₹ 61,504.

Waaree Solar PV leader

WAAREE Energy Expansion plan in electrolyser

We are in the planning phase to set up a Gigawatt scale electrolyser manufacturing facility based on most suitable technology (preferably Alkaline technology) to facilitate green energy transition. Based on or experience, our electrolysers may be used in a variety of industrial sectors ranging from refineries, fertilizers, chemicals (including green ammonia producers), steel, electronics among others. Currently, we are in discussions with several foreign electrolyser manufacturers for a technology tie-up for local manufacturing and are likely to firm up the arrangement in Fiscal 2025. We believe that adoption of green hydrogen will provide a cost efficient electrolyser for the adoption of green hydrogen. We expect to roll out locally manufactured electrolysers by end of Fiscal 2025.

https://marketbarrister.com/nvidia-reliance-ai-innovation/

https://marketbarrister.com/world-largest-ammonia-project/

https://marketbarrister.com/ola-stock-discount-price/

Silicon Mission India Growth

Disclaimer :The content on ” Market Barrister” is for informational purposes only and does not constitute financial advice. We are not licensed financial advisors or brokers. All information is based on personal opinions and experiences and should not be relied upon for making investment decisions. Investing in stocks and financial markets carries inherent risks, including the potential loss of capital. Always consult with a professional before making any financial decisions. “Market Barrister” is not responsible for any losses or damages resulting from the use of this information. Use the content at your own risk.

INDIA Tourism Industry Explosion 2025 -Government of INDIA has allocated ₹2,479 Cr for FY-25

Tourism in India has grown remarkably over the past two decades, with government initiatives, infrastructure development, and global branding contributing to this success. To boost tourism in India, schemes like Swadesh Darshan 2.0, Vibrant Village Programme, PRASHAD (Pilgrimage Rejuvenation and Spiritual Augmentation Drive).

Ministry of Tourism India

Vision

World Largest Ammonia Project,SJVN Signs MoU with  AM Green Energy

world largest ammonia project ,Ammonia is emerging as a valuable player in clean energy production. As a carbon-free molecule, ammonia can be used as a fuel in various applications, including power generation and shipping, where decarbonization is challenging. When produced sustainably, or as “green ammonia,” using renewable energy sources like wind and solar, it offers an effective way to store and transport hydrogen, overcoming the logistical hurdles of hydrogen gas. Additionally, ammonia can be co-fired in traditional power plants or used in fuel cells, delivering energy with zero CO₂ emissions. This versatility positions ammonia as a promising solution for a cleaner, sustainable energy future.

Clean Energy Green Energy

World Largest Ammonia Project ,The MoU was signed by Sh. Ajay Singh, CEO, SGEL and Sh. Bhuwan Chandra Tripathi, CEO AM Green Ammonia and Sh. A M Jha, CFO, SGEL, Sh. Jitendra Yadav, GM (F), SJVN and other senior officials from SJVN/SGEL and Greenko Group were present on the occasion.

Market Read Todays Power Stock

SJVN CMP ₹ 107,Mkt Cap ₹ 42158  Cr.  PE 42

NTPC CMP ₹ 399 ,Mkt Cap ₹ 386800 Cr. PE 18

ADANI POWER ₹ 592 ,MKt Cap 228,446 Cr. PE 42

TATA POWER ₹ ₹  422 ,Mkt Cap ₹134875 Cr. PE 36

 World Largest Ammonia Project Highlights

• In August 2024, SJVN, through its wholly-owned subsidiary SJVN Green Energy Limited (SGEL), signed a Memorandum of Understanding (MoU) with AM Green India Pvt Ltd Ammonia (India) Private Limited.
• The AM Ammonia (India) Private Limited, a company under Greenko Group is developing one of the world’s largest Green Ammonia Platforms at Kakinada, Andhra Pradesh, India.
• The platforms will be developed in two phases, beginning with an initial capacity of one million tons per annum (MTPA) and scaling up to five million tons per annum by 2030—equivalent to one million tons per annum of hydrogen.
• Under this MoU, the parties have agreed to collaborate on the long-term supply and sourcing of renewable energy for these green ammonia plants, based on mutually agreed terms and conditions.
• SGEL will explore setting-up of 4,500 MW renewable energy projects in India including 2500 – 3000 MW of Solar Projects and 1500 – 2000 MW of Wind Projects over three phases which shall ensure a supply of about 11,500 million units on annual basis.
• SGEL and AM Ammonia have agreed to explore innovative commercial framework to ensure competitive tariff and adequate returns to SGEL including offering dollar denominated tariff. It has been agreed that the parties shall enter into a definitive agreement shortly so as to formalize the further course of action.

SGEL is currently handling a RE Portfolio of about 7.2 GW under various stages of development i.e., Operation, Construction & Pre Construction. This MoU paves way towards SGEL’s first venture into Commercial & Industrial Segment.

The MoU for the world  largest ammonia project represents a significant step toward achieving a clean and green environment, offering collective benefits for environmental sustainability.

•  Ammonia can be used as a carbon-free fuel alternative.
•  Ammonia yields hydrogen without carbon emissions.
•  Traditional ammonia production for fertilizers is energy-intensive and emits CO₂. By shifting to green ammonia emissions in the agricultural sector can be substantially lowered.
• Ammonia can be co-fired with coal in existing power plants to reduce carbon emissions.

• 

  Green Energy Clean Energy Hydrogen Cell

Read article…..

Silicon Mission India Growth

Ola Stock Discount Price

Nvidia Reliance AI Innovation

Nvidia Reliance AI Innovation

Disclaimer :The content on ” Market Barrister” is for informational purposes only and does not constitute financial advice. We are not licensed financial advisors or brokers. All information is based on personal opinions and experiences and should not be relied upon for making investment decisions. Investing in stocks and financial markets carries inherent risks, including the potential loss of capital. Always consult with a professional before making any financial decisions. “Market Barrister” is not responsible for any losses or damages resulting from the use of this information. Use the content at your own risk.

Nvidia Reliance AI Innovation

Summit from 23 oct to 25

NVIDIA has been at the forefront of accelerated computing, addressing challenges that no one else can solve, NVIDIA innovations in AI and digital twins are revolutionizing the world’s largest industries and making a significant impact on society.

The India AI Mission has been approved with an outlay of INR 10,372 crore and out of this, INR 2,000 crore would be utilized towards supporting the Indian startup ecosystem to develop indigenous AI-based solutions

AI Summit Objective:

• AI Infrastructure with NVIDIA
• Advancing Indian Language Models
• To Support Startup Innovation
• Upskilling developers for AI driven Future

Nvidia founder and CEO Jensen Huang announced a partnership with Reliance Industries to develop AI infrastructure in India during the Nvidia AI Summit at Reliance Jio Centre at Mumbai.

In a conversation with Huang, Reliance Industries Chairman Mukesh Ambani emphasized that “India will be one of the biggest intelligence markets” and highlighted the potential of AI to drive prosperity and equality.

Huang further added, “Let’s make it a promise today that we will work together so that India can fully benefit from the intelligence revolution ahead “Nvidia Reliance AI Innovation”

Huang Said, This is an excellent opportunity for India to have a large population and a large population of computer engineers. This is such an extraordinary time. I am honored and privileged to get to partner with you for this,” Huang told RIL chairman Mukesh Ambani.

Speaking at the Nvidia AI Summit 2024, Huang emphasized Nvidia’s commitment to expanding its ecosystem in India.

• As our PM has said that this is the new aspirational India. Only country in the world with average age of 1.2 bn people is below 35 yrs
• India has become home among all companies across world, we are fastest growing across industries
• India is fast becoming innovation hub for the world.
• Apart from the US and China, India has the best digital connectivity infrastructure.
• We also have the necessary infrastructure. We are fortunate to have the connectivity infrastructure.

Nvidia Reliance AI Innovation

RIl Chairman Mukesh Ambani Said, My version of Nvidia is vidya, which means knowledge in India

Bollywood star Akshay Kumar joined Jensen Huang on stage, where the two discussed their childhoods and shared personal experiences.

AI development in India will significantly benefit sectors like healthcare, education, and agriculture, opening new opportunities for citizens and creating advanced, high-speed information networks. While some may express concerns about its impact on employment, AI is set to be a powerful force for progress and innovation in the country, India will truly flourish in technology world of “Nvidia Reliance AI Innovation”

About Nvidia here as 

• Cloud services 
• Health care Clara
• Automotive Drive
• Omniverse
• Solution for Restaurant
• Healthcare and Lifesciences 
• Smart cities 

the summit will continue on 25 Oct…..

SILICON INDIA MISSION GROWTH

OLA ELECTRIC DISCOUNT PRICE

World Largest Ammonia Project

World Largest Ammonia Project

The highly anticipated Ola Electric IPO of 2024 was listed on both NSE and BSE on August 9, 2024. Founded in 2017, Ola Electric Mobility Limited is a leading electric vehicle manufacturer, producing not only EVs but also essential components like battery packs, motors, and vehicle frames at its Ola Future Factory in Krishnagiri, Tamil Nadu. The company launched its IPO with a base price of ₹76, receiving strong investor interest. The IPO was subscribed 4x by retail investors and 2.4x by institutional investors. On its debut, the stock listed at ₹76 and closed at ₹91 on the same day. By August 20, 2024, the share price surged to ₹157.40, driven by significant trading volume, can be said OLA stock at discount price now.

Since August 20, 2024, Ola Electric’s stock has taken a downturn, steadily declining to ₹81.76 as of October 23, 2024. Market Barrister presents key insights drawn from the company’s Draft Red Herring Prospectus (DRHP), highlighting critical business risks that investors should be aware of. These risks, as outlined by the company.

OLA Electric Draft Red Herring Prospectus Statements

Important factors that could cause actual results to differ materially from our expectations some of them are mentioned here :

1. We have incurred losses and negative cash flows from operations since inception
2. We have a limited operating history and there is no assurance we will be cost effective and profitable
3. Supply constraints, increased price and quality issues in the supply of raw materials used in cell manufacturing can adversely affect cell manufacturing quality of cells we produce.
4. Defects in our EVs, or their failure to perform as per industry standards or meet the performance levels advertised could adversely impact our brand and reputation and result in product recalls or legal actions against us
5. If our vehicles become ineligible for the EMPS 2024 subsidy we may become less competitive due to higher product pricing (without the subsidies), potentially impacting our business and financial performance.
6. If we are unable to claim government incentives under the PLI Schemes or the PLI Schemes are discontinued, we may become less competitive due to higher product pricing (without the subsidies), potentially impacting our business, profitability and financial performance.
7. The lack of interoperability of our and other EV players’ charging infrastructures may deter potential customers from purchasing our EVs
8. An investment in our Equity Shares involves a high degree of risk. You should carefully consider all the information in this Red Herring Prospectus, including the risks and uncertainties described below before making an investment in our Equity Shares.
9. The network of repair and servicing centres for EVs is not as developed as compared to ICE vehicles which may deter customers from purchasing EVs. for more to read on DRHP 

EV Manufacturing Automated Infrastructure

Ola Electric assemble EVs and certain core EV components, such as battery packs, motors and vehicle frames, at the Ola Futurefactory, and source cells, plastic parts, electronic child parts and metal parts from our suppliers. Our manufacturing activities at the Ola Futurefactory include.

• Robotic welding of the steel structure frame of our EV scooters
• Robotic application of paint onto our metal and plastic components
• Assembly of battery packs
• Manufacturing of electric motors; and
• Assembly and quality testing of the completed EVs

OLA Electric Strength and Vision

• Pure EV player with a leadership position in the fast-growing Indian E2W market
• Founder led company supported by a highly experienced and professional leadership team
• In-house R&D and technology capabilities
• Build “India” centric EV products with an “India first” strategy
• Continue to invest in R&D to advance our technological capabilities and optimize costs
• Building an EV hub with vertically integrated manufacturing and supply chain to improve cost efficiency
• Develop our cell technology and strengthen our in-house manufacturing capabilities
• Expand the product portfolio to drive market penetration

Ola Electric EV Segment

EV scooters

• Ola S1 Pro: driving range of up to 195 km, top speed of 120 km per hour , smart technologies on a 7-inch touchscreen
• Ola S1 Air:  driving range of 151 km with a 6 kW peak motor power ,smart technologies on a 7-inch touchscreen.
• Ola S1 X+: driving range of 151 km , comes in seven different colours. This model also includes smart connectivity 5-inch display
• Ola S1 X (2 kWh), Ola S1 X (3 kWh) and Ola S1 X (4 kWh): Our mass-market EV scooters that feature a driving range of up to
  190 km and a 3.5-inch segmented display ,available in three battery capacity configurations: 2 kWh, 3 kWh and 4 kWh

EV Motorcycles

• On August 15, 2023, we announced a line-up of E2W motorcycles, comprising the Cruiser, Adventure, the Roadster and our
  flagship motorcycle, the Diamondhead. We expect to begin delivery of the motorcycles in the first half of Fiscal 2026.
• • 

    OLA Motorcyle Model Roadster X Price INR 74,999 , Set to Launch by January 2025, Book Your EV Now

     

    

    OLA EV Motorcycle Model Roadster , Price INR 104,999 Set to launch by March 2025, Book your EV now

     

    

    Ola Electric Motorcyle Model Roadster pro , price ₹ 1,99,999, Set to launch by Jan 2026, Book your EV Now

After Sales Service

Our customers have access to our service network spanning 22 states across India, comprising 431 service centres (of which 429 service centres are located within some of our experience centres) as at March 31, 2024. Customers can book a service request appointment online. The service centres can be located using a pin code mapping-based network design. Customers can communicate with our service centres and track the status of their EV servicing order through our Ola Electric Companion app.

Customer concerns and complaints

Our customers can contact us regarding any questions, issues or complaints they may have through various customer support channels, including email, phone calls (interactive voice response system) and the chatbot on our Ola Electric Companion app. We typically categorize customer concerns as either (i) sales or fulfilment related concerns or (ii) service related concerns.

OLA Other  Business Future

We are a pure EV player seeking to contribute to a brighter, greener and safer future for India and globally. We believe that India is at the heart of the world’s transition to sustainable mobility.

Ola Electric IPO Conclusion

While investors eagerly awaited the Ola Electric IPO, set for launch in August 2024, many were able to generate significant returns. However, the company’s poor performance, particularly in its “After Sales Service,” led to a sharp decline in its stock price from ₹157 to ₹81. Chairman and Managing Director Bhavish Aggarwal faced public backlash due to the inadequate service, with some customers waiting months for their vehicles to be repaired. The frustration surrounding these delays significantly tarnished the company’s reputation, overshadowing its initial financial success.

Company has many risks in their  business as mentioned in DRHP as well as the future prospectus are emerging , company has setup the well maintained manufacturing automated facility in Tamil Nadu,Company is also going to launch the Motorcycle first model in year 2025.

Ola Electric Poor Vehicle Service 

The notice was triggered by nearly 10,000 consumer complaints lodged against Ola Electric between September 1, 2023, and August 30, 2024. The company was given 15 days to respond to the notice with a detailed explanation, backed by supporting documents. Ola Electric responded to the notice and provided the requested information and clarifications. 

Central Consumer Protection Authority (CCPA)

OLA Electric discount Price @81 Near to IPO price.

Silicon Mission India Growth

Nvidia Reliance AI Innovation

Ola Stock Discount Price

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Silicon Mission India Growth

Disclaimer

Disclaimer: The information provided in this stock review is for educational and informational purposes only and should not be construed as financial advice. The opinions expressed are solely those of the author and do not constitute recommendations for any specific investment. Stock market investments carry inherent risks, and it is important to conduct your own research or consult a qualified financial advisor before making any decisions. Market Barrister and its contributors are not responsible for any financial losses incurred from investment decisions based on this content.

With vision of ” Atma Nirbhar Bharat” India is going to become the Asia Central Hub to set up and Manufacture chip India, under the government mission of “India Semiconductor Mission (ISM) is a specialized and independent Business Division within the Digital India Corporation that aims to build a vibrant semiconductor and display ecosystem to enable India’s emergence as a global hub for electronics manufacturing and design.

With Fastest growing of Indian Economy to achieve SEMICON Goal

• India is committed to becoming the world’s reliable partner in global supply chains. This is the best time to invest in India
• India is making policies keeping in mind the goals of the next 25 years.
• We will work with stakeholders to understand what more can be done to build a vibrant semiconductor ecosystem
• India to become global competitor for design & manufacturing of electronics with full potential.

India Semiconductor Mission will Progress as:

POWER

• Power Installed Capacity 422 GW , worlds third largest
• Renewable Targets 500 GW by 2030

TALENT POOL

• 85K+ Semiconductor Talent Development by 2026
• 28.2 Years median age , largest population by 2047

DOMESTIC MARKET

• $ 300Bn , Electronic Production in India by 2026
• $ 110 Bn, Semiconductor Market opportunity by 2030 ( 10% of Global Market.
• India  going to become second Largest Manufacturer of Mobile Handsets

Semiconductor Ecosystem in India ,Since 1985

Silicon Mission India Growth

Policy Support for Semiconductor & Electronics Manufacturing

Mission India

Approvals under Semicon India Programme

Mission Semiconductor India

Global Semiconductor Partnerships

Mission Atma Nirbhar Silicon

The ‘SEMICON INDIA 2024’ is being organised by India Semiconductor Mission in partnership with SEMI and industry associations under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi with the aim to postioning India as a trusted partner in the global Semiconductor Supply Chain to drive forward the vision of the India Semiconductor Mission.

A brief through semiconductor stocks list on NSE India

1. Dixon Technology India Mkt Cap 92309 Cr ,CMP @Rs.15381, PE 213
2. Tata Elxsi Mkt Cap. 456,64Cr ,CMP@ Rs.7329 , PE 56
3. HCL Tech Mkt Cap. 504,117Cr ,CMP@ Rs.1857, PE 30
4. MIC Electronics Ltd Mkt Cap. 2268Cr ,CMP@ Rs.93, PE 36
5. Bharat Electronics Ltd Mkt Cap. 209,900Cr ,CMP@ Rs.787, PE 50

Since the inception of Government initiative and inclination program towards making the India Hub For Semiconductor in Global market ,there have been a multifold surge seen semiconductor stock in previous one year period.

Ola Stock Discount Price

Nvidia Reliance AI Innovation

Nvidia Reliance AI Innovation

Disclaimer :The content on ” Market Barrister” is for informational purposes only and does not constitute financial advice. We are not licensed financial advisors or brokers. All information is based on personal opinions and experiences and should not be relied upon for making investment decisions. Investing in stocks and financial markets carries inherent risks, including the potential loss of capital. Always consult with a professional before making any financial decisions. “Market Barrister” is not responsible for any losses or damages resulting from the use of this information. Use the content at your own risk.