In Short : India’s inter-state transmission sector is set for ₹1 lakh crore capex over FY26-FY27, driven by 65-75 GW renewable energy expansion. Project awards surged, but delays persist due to right-of-way and clearance issues. Developers remain financially strong, with expected returns of 11-14%. Government reforms aim to streamline execution and ensure efficient power evacuation. […]
In Short : While the growth of renewable energy is undoubtedly a positive and essential step towards a greener future, it’s crucial to acknowledge that the energy transition is a complex process. Many countries still heavily rely on coal as a primary source of energy, and transitioning away from it can be challenging due to […]
Conducive policy milieu, healthy leverage, strong investor interest to keep credit profiles stable The pace of construction of roads and capacity addition in renewables is seen increasing 25% (refer to chart 1 in annexure) and 33% (refer to chart 2 in annexure), respectively, over the current and next fiscals. This bodes well for the economy, […]
According to credit rating agency Crisil, in the next five fiscal years, pumped hydro energy storage (PHES) projects would add around 5 GW of capacity as a result of the Ministry of Power’s (MoP) latest guidelines. The guidelines call for the rental of land at discounted rates on a yearly basis. They also permit the […]
Demand, policy, efficiency and competitiveness to drive growth India’s solar module manufacturing capacity is set to gallop by almost 400% higher by fiscal 2025, compared with fiscal 2021, with 30-35 GW of fresh module capacity set to be commissioned following strong demand, favourable policies, likely improvement in energy efficiency, and price competitiveness. A CRISIL Ratings […]
Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of November 12, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Anita Periera Overdraft CRISIL A4 20 Reaffirmed Arya Iron and Steel Company Pvt Ltd BG CRISIL A2 50 […]
Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of May 18, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Aditya Birla Fashion and Retail Ltd CP CRISIL A1+ 20000 Reaffirmed Atur India Pvt Ltd BG CRISIL A4+ […]
Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of March 16, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Alcon Biosciences Pvt Ltd BG CRISIL A4+ 2.5 Reaffirmed Alcon Biosciences Pvt Ltd LOC CRISIL A4+ 20 Reaffirmed […]
Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of December 19, 2019. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) —— ———- —— —– ——— SHORT TERM RATINGS: ——————- Asian Sky Infrastructure Inc BG CRISIL A4+ 65 Assigned Associated Cashew Industries Export Packing CRISIL A4+ 170 Reaffirmed […]