Ratings agency Icra on Monday revised its outlook for India’s renewable energy sector from stable to negative amid delays in payments from discoms and execution … Read more
Progress on stressed thermal power asset resolution remained slow as only 10 per cent of affected generation capacity witnessed resolution despite several steps taken by … Read more
ICRA on Tuesday said that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop … Read more
Wind energy sector’s capacity addition will improve in near term, while the bid power tariffs in the recent wind power auctions inched upwards, an ICRA … Read more
The government’s move to impose safeguard duty on solar cell imports for two years may not lead to a significant increase in the solar cell/module … Read more
Wind energy capacity addition is estimated at about 3-3.5 GW in FY 2019 and the viability of bid tariffs and inter-state connectivity will be key … Read more
Azure Power bagged a 130 MW solar power project which was recently auctioned by Maharashtra State Electricity Distribution Company Limited (MSEDCL), rated A by ICRA, … Read more
ICRA Ratings today said the wind power capacity addition will improve to 3 GW this fiscal, backed by project awards by Solar Energy Corporation of India(SECI) … Read more
The latest amendment in the solar project bidding norms is positive for solar developers but uncertainty remains over the pending decision on safeguard duty, says … Read more
Even as the tariff competitiveness of wind energy has improved as against the conventional energy sources, its viability continues to be a challenge, says ICRA. According to the rating agency, … Read more