New Delhi: The acquisition of REC Ltd will stretch the balance sheet of Power Finance Corp (PFC) with an impact on its return on assets (2QFY19: 1.86%) and return on equity but the positive cash flow of the latter over October 2018 to March 2019 will address the liquidity concerns, said India Ratings& Research (Ind-Ra). […]
Cancellations, falling rupee making bidders cautious, says Ind-Ra
Frequent bid cancellations, the falling Indian rupee and lack of clarity on safeguard duty implications are making bidders cautious about competitive tariffs in renewable energy projects, research agency India Ratings (Ind-Ra) said on Thursday. Frequent bid cancellations, the falling Indian rupee and lack of clarity on safeguard duty implications are making bidders cautious about competitive […]
