Rating agency Crisil on Thursday said the prolonged delay in resolution of payments by discoms of states like Andhra Pradesh and Telangana to renewable energy producers can weaken the credit outlook of the sector and moderate investor sentiment. According to the agency, few renewable energy producers are managing the stress arising from payment delays by […]
Investor sentiment in renewable energy sector could be hurt if issues persist: CRISIL
Large green energy producers are currently managing the stress arising from payment delays by distribution companies in Andhra Pradesh and Telangana New Delhi: Any prolonged delay in resolution of the issues being faced by leading renewable energy companies in India can hurt the credit outlook of the sector and moderate investor sentiment, rating agency CRISIL […]
Power discoms’ dues to generation companies stand at Rs 21,000 crore monthly
The analysis is based on data on 18 generators — 6 central and 12 private — with a total conventional capacity of 115 GW tied up with state discoms across the country New Delhi: The dues to be paid by power distribution companies in India to generators stand at a monthly average of Rs 21,000 […]
AP govt order puts Rs 21,000-cr renewables sector debt servicing at risk: Crisil
New Delhi: The Andhra Pradesh government’s move to review and cut the purchase cost of wind and solar energy could stress 5.2-GW renewables projects with estimated debt exposure of over Rs 21,000 crore,” Crisil said on Tuesday. The move could also aggravate the problem of delayed payments from distribution companies (discoms), it said. According to […]
Safeguard duty reimbursement may restore returns for 5.4 GW solar projects
The Central Electricity Regulatory Commission’s (CERC) recent order entitling the developer of Bhadla solar park project to reimbursement of safeguard duty would set a beneficial precedent for as much as ~5.4 GW of solar projects. Potentially, this can add back 190-220 basis points (bps) to project equity returns. After the safeguard duty was imposed on […]