India Ratings

BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra

The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend

India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […]

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Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC

In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […]

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