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India Ratings and Research (Fitch Group) – Draft CERC Regulations FY19-FY24 – Favourable for Generators

Ind-Ra-New Delhi: India Ratings and Research (Ind-Ra) opines that the draft Central Electricity Regulatory Commission (CERC) guidelines for the FY19-FY24 block period are favourable for power generators, as the regulator has maintained the status quo on most of the parameters as against Ind-Ra’s expectation of a lower return on equity and change in debt:equity (D:E) ratio […]

Quote on behalf of Mr. Sanjay Aggarwal, Managing Director, Fortum India on Indian Environment Ministry extending the compliance deadline for thermal power plants