In Short : The Appellate Tribunal for Electricity (APTEL) has ruled that a wind energy project is entitled to a higher tariff. This decision provides a significant boost to the renewable energy sector, ensuring fair compensation for wind power producers. The ruling is expected to encourage further investment in wind energy projects and support India’s […]
Wind energy sector set to surge five times on policy tailwinds: CRISIL – EQ Mag
Moves by the Ministry of New and Renewable Energy (MNRE) can crank up India’s annual wind capacity implementation to 6-8 gigawatt (GW) per annum starting fiscal 2026, significantly more than the ~1.6 GW annual rate clocked in the past five fiscals, according to CRISIL Ratings estimate. Aggressive tariff bids in reverse auctions1 since fiscal 2017-18 […]
Indian Wind Energy Sector Envisions Flow of ₹80,000 Crore in Coming Years – EQ Mag Pro
The industry is hopeful of attracting Rs. 10,000-15,000 crore investment in upgrading equipment manufacturing capacity alone which will have the catalysing effect of attracting additional Rs. 70,000-80,000 crore investment in complimentary activities such as transmission, storage and services High on the pioneering clean energy initiative undertaken by Prime Minister Narendra Modi, which aims to make […]
CLP Wind Farms raises Rs 300 cr through non-convertible debentures
The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company’s vision to invest in low-carbon footprint businesses CLP Wind Farms, a subsidiary of CLP India, on Wednesday said it has raised Rs 296.9 crore through the issuance of rated, secured, unlisted, redeemable and non-convertible debentures. […]