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CARE ratings sees higher counterparty risk from Telangana discoms

CARE Ratings has maintained a negative outlook for 13 solar generators that are selling electricity to financially-stressed distribution companies (discoms) in Telangana. The aggregate installed capacity of generators that are being rated is 671 Mw. Of the total 14, CARE Ratings had downgraded the ratings of the borrowing programmes of four solar power generators that […]

Mahindra Susten forays into ‘Hybrid’ Renewable Energy (RE) segment with a ‘solar + wind’ project To invest Rs 1,200 crore to set up 150 MW hybrid capacity – EQ