Home Tag "ICRA"

Lack of backward integration will hinder domestic solar manufacturing: Icra

Timely implementation of notified schemes through time bound award of projects and availability of power supply agreements with the ultimate off-takers remains critical, Icra said MUMBAI: The Centre may have have increased its focus on domestic solar module manufacturing through a host of “Make in India” initiatives, but lack of scale and backward integration in […]

Aurora Solar Raises $50M to Power the Digital Transformation of the Solar Industry

Clarity on customs duty impact for already bid out projects required: ICRA

There have been significant delays in implementation of such ‘change in law’ pass-through for the affected IPPs in the past New Delhi: As the 15 per cent safeguard duty on imports of solar cells and modules import is set to cease in July 2020, industry analysts seek clarity for a pass-through of customs duty impact […]

Dharmendra Pradhan invites global investors to be part of India’s renewable energy journey

ICRA ratings for Indian debt instruments-Jun 22

Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of June 19, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Aequitas Exports Pvt Ltd ST - Fund Based ICRA A4 180 Assigned Alliance Granimarmo Pvt Ltd ST- Fund […]

Aurora Solar Raises $50M to Power the Digital Transformation of the Solar Industry

States put open access renewable projects at risk by reducing incentives: ICRA

Open access allows large users of power – typically those who consume more than 1 MW – to buy power from the open market, instead of depending on a more expensive grid Mumbai: With state governments increasing standard charges on open access renewable energy projects or cutting back on incentives, the financial future of many […]

Aurora Solar Raises $50M to Power the Digital Transformation of the Solar Industry

Discoms to get loans at cheaper rate to pay dues to Gencos: Minister

“PFC and REC provide loan to distribution and generation sector with a spread of 2.5 to 3 per cent. Under the present scheme, they have agreed to take lower 1.5 per cent spread that will lower the interest rate,” he said New Delhi: Financially stressed discoms will be offered loans at cheaper rates of 8.5 […]

Dharmendra Pradhan invites global investors to be part of India’s renewable energy journey

Lockdown to balloon discom losses, electricity demand to fall in decades

The Covid-19 outbreak and the subsequent lockdown has squeezed power demand sharply in March and April and the fall has been such sharp that demand for full year 2020-21 is set to report a 1 per cent decline, first time in almost 36 years New Delhi: One month of nationwide lockdown has done more damage […]

Aurora Solar Raises $50M to Power the Digital Transformation of the Solar Industry

India’s annual power demand seen falling for first time in almost four decades: Moody’s unit

Power usage has fallen by almost a quarter since Prime Minister Narendra Modi enforced a nationwide lockdown starting March 25, forcing all industries except those deemed essential to shut down CHENNAI: India’s electricity demand during the current financial year is seen falling for the first time in at least 36 years, ratings agency Moody’s unit […]

Dharmendra Pradhan invites global investors to be part of India’s renewable energy journey

COVID-19 lockdown likely to decline the all India electricity demand in FY21: ICRA

As per an ICRA note, the demand slowdown amid the lockdown is likely to lead to a de-growth of 1.0% in electricity demand for the full year of FY2021, considering the full lockdown till May 3, 2020, partial lifting of lockdown in the non-red zones in May and June 2020 and resumption of full operations […]

Dharmendra Pradhan invites global investors to be part of India’s renewable energy journey

Covid lockdown to impact electricity demand, cash flows for discoms: ICRA

The lockdown has resulted in a shutdown of the industrial and commercial establishments and stoppage of passenger railway services. This has adversely impacted the all India electricity demand, given that these segments constitute about 40% of the all India electricity demand, a statement issued by the ratings firm said. New Delhi: The lockdown announced by […]

Aurora Solar Raises $50M to Power the Digital Transformation of the Solar Industry

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