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EVs to get Rs 2.2 lakh Cr in capex by 2030: Crisil report

Chennai : India will see industrial capex of Rs 22-24 lakh crore till 2030 and electric vehicles and its value chain will comprise roughly 10% of that amount. According to a report by Crisil, electric vehicles and the auto value chain will get around Rs 2.2 lakh crore in investments over the next 8 years, […]

Indian Renewable Power Generators Face Modest Gains from Spiking Power Demand – EQ Mag Pro

Electric scooters may get costlier as FAME incentives taper off: Crisil – EQ Mag Pro

New Delhi : With a strong pick up in the adoption of electric two-wheelers which is translating into robust sales of e-two wheeler companies, there is also a possibility of electric scooters becoming costlier by Rs 45,000 in fiscal 2025, says a Crisil report, which can be offset by the Production Linked Incentive (PLI) for […]

Indian Renewable Power Generators Face Modest Gains from Spiking Power Demand – EQ Mag Pro

Share of round-the-clock plants to be over 5 per cent of renewable mix by 2025: CRISIL – EQ Mag Pro

The share of round the clock (RTC) plants1 in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. This will be driven by expected tariff reduction of nearly 12% over the next two fiscals and an ability to provide power at a pre-determined schedule — currently […]

Indian Renewable Power Generators Face Modest Gains from Spiking Power Demand – EQ Mag Pro

Solar module making capacity set to soar 400% by FY25: Crisil – EQ Mag Pro

Mumbai :Local manufacturing of solar modules is set to soar by almost 400 per cent by fiscal 2025 compared to the last financial year with 30-35 GW of fresh module capacity at an investment of Rs 50,000 crore across the value chain, says a report. Rating agency Crisil’s report is based on an analysis of […]

Indian Renewable Power Generators Face Modest Gains from Spiking Power Demand – EQ Mag Pro

Duty, taxes to lift solar tariffs to Rs 2.6 per unit next fiscal year: CRISIL

Solar tariffs might rise to Rs 2.6 per unit to Rs 2.7 per unit from an all-time low of Rs 2 unit over next fiscal year in the wake of the recent increase in the goods and services tax (GST) on renewable energy equipment, and the proposed customs duty on imported solar modules, according to […]

Indian Renewable Power Generators Face Modest Gains from Spiking Power Demand – EQ Mag Pro

Draft Open Access Norms Can Be A Tailwind For New Renewable Projects: CRISIL – EQ Mag Pro

It said that the draft rules aim to provide clarity on open access charges and will help streamline the overall approval process New Delhi : The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented, could improve the certainty of cash flows for new […]

Vertex Hydrogen appoint Joe Seifert as CEO – EQ Mag Pro

Discom Losses to Be 40 Per Cent Above Pre-Pandemic Levels: Crisil

It added the costs are also likely to surge primarily because of higher interest burden because of ballooning debt New Delhi : Cash losses of power distribution companies (discoms) will remain elevated at around Rs 46,000 crore this fiscal, or 40 per cent higher than the Rs 33,000 crore seen in the pre-pandemic levels of […]

Germany Pledges €10 Billion to Assist India in Reaching Its Green Energy Target – EQ Mag Pro

About 7 GW of Unsigned PSAs Pose Risk to Renewable Energy Targets: CRISIL

This capacity is yet to be signed because subsequent auctions saw tariffs plummeting and even falling below Rs 2 in December 2020. New Delhi: Delays in power supply agreements (PSAs) for about 7 gigawatt (GW) of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160-GW renewable energy capacity […]

Renewable Energy projects worth around USD 197 billion underway in India: Union minister Bhagwant Khuba – EQ Mag Pro

7 GW of Unsigned Power Supply Agreements Pose Risk to RE Targets: Crisil

Delays in power supply agreements (PSAs) for 7 GW of the bid out renewable energy projects is one of the main reasons that may lead to 35 per cent shortfall in 160 GW renewable energy capacity target. Delays in power supply agreements (PSAs) for 7 GW of the bid out renewable energy projects is one […]

Renewable Energy projects worth around USD 197 billion underway in India: Union minister Bhagwant Khuba – EQ Mag Pro