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:
SECI’s first tender for battery storage project to showcase utility-scale grid storage in India; improvement in cost economics key for greater adoption. For more information please see below link:
EV battery demand in India (in relation to domestic sales) is expected to touch ~15 GWh by 2025 and ~60 GWh by 2030 Investments in cell manufacturing are estimated to exceed ~Rs. 70,000 crore by 2030 The battery manufacturing segment remains a critical cog in the overall EV ecosystem development and is garnering a lot […]
Demand Growth, Higher Spot Power Tariffs Favourable for Thermal IPPs In FY2023; Tighter Financing Norms & LPS Rules Pushing Discoms to Reform. For more information please see below link: