In Short : Moody’s has affirmed the Baa3 credit rating for three subsidiaries of Adani Energy Solutions, citing stable financial performance and continued operational strength. The outlook remains stable, reflecting confidence in the group’s ability to manage risks and maintain liquidity. The rating supports Adani’s credibility in the power transmission sector and reinforces investor confidence […]
India must invest big to hit 2070 net-zero goal, says Moody’s – EQ
In Short : India must invest nearly 2% of its GDP annually in the power sector to meet its 2070 net-zero target, says Moody’s. This includes adding 450 GW of renewable capacity while coal use may also rise. Massive private sector investment is needed across generation, storage, and transmission to balance growth, energy security, and […]
Investment of USD 190-215 bn needed for India’s 500 GW RE capacity: Moody’s – EQ
In Short : Moody’s estimates that India needs USD 190-215 billion to achieve its 500 GW renewable energy capacity target. This substantial investment is essential for scaling up clean energy infrastructure and meeting the country’s ambitious sustainability goals. In Detail : New Delhi : Investments of USD 190-215 billion will be needed to achieve the […]
Redefining Risk Analysis: Moody’s CRE Joins Forces with LandGate – EQ
In Short – Moody’s CRE and LandGate redefine risk analysis through collaboration, leveraging data integration to enhance insights into commercial real estate. This partnership aims to revolutionize risk assessment methodologies, offering more robust evaluations for investors and stakeholders in the real estate market. In Details – NEW YORK, April 9, 2024 /PRNewswire/ — LandGate, the […]
Moody’s affirms UltraTech Cement’s Baa3 ratings with stable outlook, cites strong credit metrics – EQ
In Short : Moody’s has confirmed UltraTech Cement’s Baa3 ratings with a stable outlook, highlighting the company’s robust credit metrics. This reflects confidence in the company’s financial strength and stability. In Detail : The cement manufacturer’s credit profile is robust, considering its extensive and successful operating history, Moody’s says. Moody’s Investors Service Inc. has affirmed […]
Moody’s says green tech, ESG and sustainability requirements will shape credit outlook in 2024 – EQ
In Short : Moody’s predicts that the credit outlook in 2024 will be significantly influenced by factors such as green technology, Environmental, Social, and Governance (ESG) considerations, and sustainability requirements. This emphasizes the increasing importance of sustainable practices in shaping financial assessments and decision-making processes across industries. In Detail : Green technology, climate financing and […]
Business route taken by India’s renewable IPPs will reflect their credit quality – EQ Mag
The credit quality of India’s large and rated renewable energy independent power producers (IPP) will reflect the different routes they have chosen for the next two to three years, said Moody’s Investors Service in a report. According to Moody’s, the paths chosen by the renewable energy IPPs will have a varying impact on their respective […]
India and China to drive low carbon emission investments in APAC: Moody’s – EQ Mag
Moody’s added that bulk of the estimated investment will be allocated to clean energy and related projects CHENNAI : India and China are expected to drive the investment in low carbon emissions in the Asia Pacific Region (APAC), Moody’s Investor’s Service said in a report. The International Energy Agency (IEA) estimates that India will spend […]
Multiple factors gives nuke power major push in APAC region: Moody’s – EQ Mag
Decarbonisation and fuel diversification will drive the nuclear power sector’s share of the energy mix in Asia Pacific, said Ada Li, a Moody’s Vice President, and Senior Credit Officer. Recent disruptions, such as a spike in fuel fossil prices because of the Russia-Ukraine war, and less stable solar and wind performance due to climate conditions, […]
Moody’s turn ‘moody’ on 4 Adani Group companies – EQ Mag
The credit rating agency changed its outlook to ‘negative’ from ‘stable’ in the case of four Adani Group companies CHENNAI: Affirming its ratings on eight companies of the Adani Group, global credit rating agency Moody’s Investors Service maintained its outlook on four companies as ‘stable’. The credit rating agency changed its outlook to ‘negative’ from […]