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NHAI, NTPC, NHPC too hit by Moody’s cut; rating outlook cut on 7 sovereign-linked infra bond issuers

Moody’s on Friday affirmed the Baa2 issuer and foreign currency senior secured rating for NTPC and the (P)Baa2 senior secured medium term note (foreign) program rating, and revised the ratings outlook to negative from stable. Moody’s Investor Service on Friday changed the ratings outlook of seven sovereign-linked infrastructure issuers, including the National Highways Authority of […]

Clean Energy Acceleration: India Targets 60% Non-Fossil Power Mix by 2035 – EQ

Sukhbir Singh Sandhu takes over as chairman of NHAI

New Delhi: Sukhbir Singh Sandhu on Monday took over as chairman of the National Highways Authority of India (NHAI). According to an official statement, he is an IAS officer of 1988 batch of Uttarakhand cadre and has held important positions in the Central government and state governments of Uttarakhand, Uttar Pradesh and Punjab. Prior to […]

Clean Energy Acceleration: India Targets 60% Non-Fossil Power Mix by 2035 – EQ

Lower toll for EVs on the cards to push green mobility

The new toll policy may consider exempting e-cars from toll, or provide up to 50% discount on such tolls. NEW DELHI: India is weighing the option of concessional toll rates for electric vehicles as it looks to incentivise adoption of clean mobility solutions, a move may that may be reflected in the revamped toll policy […]

Ather Energy ties up with BPCL to expand charging infrastructure