Longer sunnier days have ensured that the performance of solar power farms improved to 75 per cent in the current fiscal from 59 per cent in the year-ago period, according to a report. Rating agency Crisil has prepared the report based on the performance of 115 solar projects aggregating to 4.6 GW of power generation […]
Wind energy sector set to surge five times on policy tailwinds: CRISIL – EQ Mag
Moves by the Ministry of New and Renewable Energy (MNRE) can crank up India’s annual wind capacity implementation to 6-8 gigawatt (GW) per annum starting fiscal 2026, significantly more than the ~1.6 GW annual rate clocked in the past five fiscals, according to CRISIL Ratings estimate. Aggressive tariff bids in reverse auctions1 since fiscal 2017-18 […]
Infosys Leads Global ESG Rankings – EQ Mag
Top ESG evaluators recognize Infosys’ dedication to sustainability and ethics in business Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is featured as a top performer across several global industry rankings and assessments in Environmental, Social, and Governance (ESG) in FY22-23. The company has been recognized […]
Power prices expected to remain firm next fiscal amid higher demand: Crisil – EQ Mag
Mumbai : Power prices are expected to remain firm next fiscal on the back of elevated demand growth of 5.5-6 per cent, and the demand is set to close this fiscal up 9.5-10 per cent over 8.2 per cent last fiscal, a report said on Thursday. The fears of a heat wave has seen the […]
RE Companies’ Receivables from NTPC, SECI, Discoms to Shrink 20% this Fiscal: CRISIL – EQ Mag Pro
Receivables of leading renewable companies will shrink 20 per cent during this financial year, Crisil Ratings said New Delhi: Receivables of leading renewable companies will shrink 20 per cent during this financial year, Crisil Ratings said. Leading renewable energy (RE) companies are set to see their receivables reduce a fifth from 180 days a year […]
EV share in auto components to be 9-11% by fiscal 2027: CRISIL – EQ Mag Pro
Shift presents both opportunities and challenges for auto component players Revenue of the electric vehicle (EV) components’ market in India is likely to rev up at a compound annual growth rate of ~76% to Rs 72,500 crore in fiscal 2027 from Rs 4,300 crore last fiscal. That will take the share of EVs in the […]
Rise in module, steel and freight costs to hit 5 GW solar capacity under implementation: Crisil – EQ Mag Pro
These were bid at relatively lower tariffs of below Rs 2.35/ kWh A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight costs, will pull down the return on equity (ROE) of nearly a fifth of the 25 GW1 private solar capacity. This capacity of ~5 GW, […]
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, […]
Charting the EV trajectory beyond FAME regime: CRISIL
Charting the EV trajectory beyond FAME regime: CRISIL For more information please see below link:
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 […]