1. Home
  2. Tag "Ind-Ra"

Ind-Ra downgrades Sterling and Wilson Renewable Energy in ‘default’ grade – EQ

In Short : India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy to a ‘default’ grade, signaling financial concerns within the company. This downgrade reflects challenges faced by the renewable energy sector and emphasizes the need for sound financial management and strategic planning in the industry. Companies operating in the renewable sector […]

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy – EQ

Ind-Ra affirms KEC International’s commercial paper at ‘IND A1+’; stock sheds 1%

The company is a leading provider of end-to-end turnkey services for projects in T&D, railways and solar power segments. India Ratings and Research (Ind-Ra) has affirmed KEC International Limited’s commercial paper (CP) programme at IND A1+. According to the report, the CP has been carved out of KEC’s working capital limits. KEC will use the […]

Brookfield to invest $500m in India’s Leap Green Energy – EQ

Ind-Ra Affirms KEC International’s Commercial Paper At ‘IND A1+’; Stock Sheds 1%

The company is a leading provider of end-to-end turnkey services for projects in T&D, railways and solar power segments. India Ratings and Research (Ind-Ra) has affirmed KEC International Limited’s commercial paper (CP) programme at IND A1+. According to the report, the CP has been carved out of KEC’s working capital limits. KEC will use the […]

Brookfield to invest $500m in India’s Leap Green Energy – EQ

Ind-Ra Downgrades Sterling and Wilson Solar to ‘BBB+’, Revises Rating Watch to Evolving

Ind-Ra continues to analyze SWSL and its subsidiaries on a consolidated basis. India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Solar Limited’s (SWSL) Long-Term Issuer Rating to ‘IND BBB+’ from ‘IND A’ while revising the Rating Watch to Rating Watch Evolving (RWE) from Rating Watch Negative (RWN). Ind-Ra continues to analyse SWSL and […]

A global solar transition could leave Africa in the shade -EQ

Recovery in Energy Demand to Continue Despite Covid-Led Blip: Ind-Ra

The electricity generation increased 42.5 pe cent y-o-y to 115.5 billion units in April 2021. India Ratings and Research (Ind-Ra) on Friday said the recovery in energy demand will continue despite COVID-19 led temporary blip. India Ratings and Research (Ind-Ra) has published the May 2021 edition of its credit news digest on India’s power sector.The […]

A global solar transition could leave Africa in the shade -EQ

All-India energy demand to be higher in Jan-Mar: Ind-Ra

The all-India energy demand is expected to be higher in March quarter of 2020-21 compared to same period a year ago despite the partial lockdown in some states due to a surge in COVID-19 cases, India Ratings and Research (Ind-Ra) said. Ind-Ra has published the March 2021 edition of its credit news digest on the […]

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy – EQ

Ind-Ra Assigns PRESL BBB-Minus With Stable Outlook

Ind-Ra assigns PRESL BBB-minus with stable outlook Mumbai (Maharashtra) [India]: India Ratings and Research (Ind-Ra) has assigned Punjab Renewable Energy Systems Pvt Ltd (PRESPL) a long-term issuer rating of BBB-minus with a stable outlook. The company operates in biomass industry which is a carbon-neutral source of energy. It is supported by various government initiatives for […]

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy – EQ

Energy demand improvement slows down in Nov: India Ratings

This was due to the early onset of winters impacting demand from the northern region Mumbai: The all-India energy demand increased year-on-year for the third consecutive month in November after declining over March to August although the improvement slowed down to 3.7 per cent to 97.9 billion units, India Ratings and Research (Ind-Ra) said on […]

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy – EQ

Solar power tariff decline supported by structural factors: Ind-Ra

The decline in tariffs is being driven by a lower capital cost per megawatt of around Rs 4 crore per megawatt because of advancement in panel designs, enabling a higher capacity utilisation factor (CUF) Mumbai (Maharashtra): Continuous decline in solar power tariffs since the start of the current financial year (FY 2020-21) has been driven […]

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy – EQ

Ind-Ra places Sterling Wilson rating on negative watch

The rating watch negative reflects the uncertainty regarding the refinancing/rollover of SWSL’s short-term loans worth around Rs 1,180 crore. Mumbai: India Ratings and Research has placed Sterling and Wilson Solar’s (SWSL) long-term issuer rating of ‘IND AA-’ on rating ‘watch negative’ from ‘stable’, the company said in an exchange filing on Tuesday. The rating watch […]

Huasun Energy Wins 1GW HJT Solar Module Procurement Bid from China Datang – EQ