Prime Minister Narendra Modi’s pledge to add 500 gigawatts of non-fossil fuel energy sources by 2030 is likely to face a funding hurdle as massive investments will be required to boost capacity, according to ICRA Ltd. India will require up to Rs 45 lakh crore worth of investments by 2030 to meet that pledge, analysts […]
The outlook for the capacity addition in the renewable energy (RE) sector – EQ Mag Pro
The outlook for the capacity addition in the renewable energy (RE) sector. For more information please see below link:
ICRA-monitored wind portfolio witnessed a significant decline in PLFs in FY2021, while solar PLFs remained stable – EQ Mag Pro
ICRA-monitored wind portfolio witnessed a significant decline in PLFs in FY2021, while solar PLFs remained stable. For more information please see below link:
ICRA-monitored wind portfolio witnessed a significant decline in PLFs in FY2021, while solar PLFs remained stable – EQ Mag Pro
ICRA-monitored wind portfolio witnessed a significant decline in PLFs in FY2021, while solar PLFs remained stable For more information please see below link:
Solar tariff to go up by 20 to 25 paise/unit in forthcoming bids: Icra
Solar energy tariff is likely to go up by 20-25 paise per unit in upcoming bids for projects as compared with rates seen over the past six months, according to an ICRA NSE -0.99 % report on renewable energy. This assumes significance in view of India’s ambitious target to achieve 450 GW of renewable energy […]
PLI scheme can make India an export hub in auto supply chain: ICRA – EQ Mag Pro
The Union ministry of heavy industries estimates that the scheme has potential to bring fresh investments of over Rs 42,500 crore and result in incremental production of over Rs 2.3 lakh crore CHENNAI : The recently announced Production-Linked Incentive (PLI) scheme with an outlay of Rs 25,938 crore has the potential to make India an […]
ICRA revises up FY22 GDP growth forecast to 9% – EQ Mag Pro
A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision, the agency said in a statement. Ratings agency ICRA on Monday revised up its 2021-22 real GDP growth estimate for India to 9 per cent from the earlier 8.5 per cent. […]
Renewable Energy Sector Outlook Supported By Strong Project Pipeline: ICRA – EQ Mag Pro
Tariff competitiveness offered by the solar and wind power projects in utility auction route continued to remain superior with tariffs remaining below Rs 3 per unit New Delhi : Rating agency ICRA has said its outlook for renewable energy (RE) sector is stable supported by continued policy support from the government, strong project pipeline and […]
Power demand in India expected to grow 6% in FY22 on favourable base effect: ICRA
Demand for electricity in India is expected to grow 6 percent in 2021-22 as compared to the previous fiscal year, rating agency Icra said on Tuesday. It has also estimated power generation capacity addition at 17- 18 GW for the ongoing fiscal year. “ICRA Ratings has estimated the all-India electricity demand growth at 6.0 per […]
Renewable Capacity Addition Likely to Improve to 11 GW in FY22: ICRA
It added that apart from this, over 20 GW RE projects were under the tendering phase New Delhi : India’s renewable energy (RE) capacity addition is expected to improve to 10.5 gigawatt (GW) to 11 GW in financial year 2021-22 (FY22) led by a strong project pipeline of about 38 GW, according to ratings agency […]