Green Energy Open Access rules, a positive for RE adoption by C&I customers; timely implementation by SERCs remains critical: ICRA. For more information please see below link:
Discoms facing headwinds from rising costs, modest tariff hikes, and adoption of additional norms by lenders: ICRA. For more information please see below link:
Bangalore Electricity Supply Company Limited: Rating downgraded to [ICRA]BBB+; outlook revised to Stable from Negative. For more information please see below link:
Shirdi Sai Electricals Limited: Ratings upgraded; Outlook revised from Positive to Stable; rated amount enhanced. For more information please see below link:
ICRA – Sri Kirthi Power Solutions India Private Limited: Rating downgraded. The solar power plant continues to report subdued performance since COD with generation lower than the P-90 estimates of 17.5%. The company reported an average PLF of 14.9% in FY2021 and 16.7% in FY2022. For more information please see below link:
Ayana Renewable Power Private Limited: Rating reaffirmed for existing limits and assigned for enhanced limits: ICRA For more information please see below link:
Measures to ease power supply constraints with higher coal imports are likely to increase the cost of supply for discoms by 4.5 -5.0% in FY2023: ICRA. For more information please see below link:
Rating agency ICRA on Tuesday said there are strong demand prospects for renewable energy projects in the commercial and industrial segment but regulatory risks pose challenges. The demand prospects for RE (Renewable Energy) capacity addition by Commercial & Industrial (C&I) segment are expected to remain solid, given the improved tariff competitiveness and strong sustainability/green initiatives […]