In Short : India’s solar photovoltaic (PV) module manufacturing capacity is poised to surpass 60 gigawatts (GW) by 2025, thanks to enhanced backward integration efforts. This growth reflects the country’s commitment to boosting domestic solar manufacturing, reducing dependence on imports, and fostering self-sufficiency in the renewable energy sector. By investing in improved manufacturing processes and […]
India’s renewable energy capacity addition expected to improve to 20 GW in FY24: ICRA – EQ Mag
India’s green energy capacity growth is expected to boost to 20 gigawatt (GW) in the financial year 2023-24 (FY24) from 15 GW in FY23, ratings agency ICRA said in its latest press release. It added that a scale-up in tendering activity and cost reflective tariffs will be key to achieving the renewable capacity target. “ICRA […]
Timely implementation of market reforms key to improve financial viability of pumped hydro storage: Icra – EQ Mag
NEW DELHI : The timely implementation of market reforms is important to improve the financial viability of pumped storage hydro project (PSP) in the country, according a report by ratings agency Icra Ltd. According to the report, the levelised tariff for pumped storage hydro projects in the base case (capital cost of ₹6.5 crore per […]
Icra revises thermal power sector outlook to ‘stable’ on strong demand – EQ Mag
Rating agency Icra has revised thermal power sector outlook to ‘stable’ from ‘negative’ due to strong demand growth and realisation of dues from discoms under LPS (late payment surcharge) scheme. The Icra’s outlook for the thermal power segment has been revised to stable from negative, supported by the healthy improvement in the thermal PLF (plant […]
Share of CNG, EVs and hybrid vehicles likely to reach 30% of total auto sales in 5 years: Icra- EQ Mag
Demand for Electric Vehicles (EVs) has increased exponentially in the last two years with the government’s push, increasing awareness, and new launches, domestic rating agency Icra said in its report. CNG, EVs and hybrid vehicles may grab up to 30 per cent share in total auto sales in next five years even as petrol cars […]
Share of CNG, EVs and hybrid vehicles likely to reach 30% of total auto sales in 5 years: Icra – EQ Mag
Ratings agency also says a cohesive approach from all stakeholders is imperative to facilitate the ‘E20 transition’ CNG, EVs and hybrid vehicles may grab up to 30 per cent share in total auto sales in the next five years even as petrol cars are likely to dominate passenger vehicle volumes in the medium-term, a report […]
Axis Wind Farms (Rayalaseema) Private Limited: Provisional [ICRA]BBB+ (Stable) rating assigned to proposed term loan facility; outlook revised to Stable from Negative for the existing bank lines – EQ Mag Pro
Axis Wind Farms (Rayalaseema) Private Limited: Provisional [ICRA]BBB+ (Stable) rating assigned to proposed term loan facility; outlook revised to Stable from Negative for the existing bank lines. For more information please see below link:
Finolex J-Power Systems Limited: Ratings assigned: ICRA – EQ Mag Pro
Finolex J-Power Systems Limited: Ratings assigned: ICRA. For more information please see below link:
Axis Wind Farms (Anantapur) Private Limited: Provisional [ICRA]BBB+ (Stable) assigned: ICRA – EQ Mag Pro
Axis Wind Farms (Anantapur) Private Limited: Provisional [ICRA]BBB+ (Stable) assigned: ICRA For more information please see below link:
ICRA Update on Power Sector in India for the Month of October 2022 – EQ Mag Pro
ICRA Update on Power Sector in India for the Month of October 2022. For more information please see below link: