ICRA

Solar tariff likely to go up by 20 to 25 paise/unit: ICRA
Renewable Energy

Solar tariff likely to go up by 20 to 25 paise/unit: ICRA

Solar energy tariff is likely to go up by 20-25 paise per unit in upcoming bids for projects as compared…
ICRA revises energy demand growth outlook to 8-8.5%
Power

ICRA revises energy demand growth outlook to 8-8.5%

Rating agency ICRA revised its energy demand growth outlook for 2021-22 upwards from 6% to 8-8.5% by ICRA.
Payment delay, signing of PPA key challenges for RE sector
Renewable Energy

Payment delay, signing of PPA key challenges for RE sector

Delays in payments to renewable energy (RE) developers besides slow progress in the signing of power purchase and sale agreements…
Rajasthan governments EV policy welcomed by makers
Renewable Energy

Rajasthan governments EV policy welcomed by makers

Domestic electric vehicle makers welcomed the Rajasthan government's EV policy announced last week and said these state-level initiatives are expected…
Regulatory constraints pose headwinds for RE projects
Renewable Energy

Regulatory constraints pose headwinds for RE projects

Regulatory constraints are posing headwinds for open access-based renewable energy (RE) projects, said ICRA on Thursday.
FAME-II subsidy may cut EV prices by Rs 30,000: ICRA
Sustainability

FAME-II subsidy may cut EV prices by Rs 30,000: ICRA

Incentives under the Gujarat government's electric vehicle (EV) policy, coupled with enhanced subsidy under the Centre's FAME-II scheme, will lead…
City Gas volumes impacted in 2nd COVID wave
Oil & Gas

City Gas volumes impacted in 2nd COVID wave

City gas volumes have been impacted by the second wave of COVID-19 induced lockdowns, but the drop is less severe…
Gas producers bleed as govt dictated prices remain low
Oil & Gas

Gas producers bleed as govt dictated prices remain low

Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers as government-dictated gas price remains…
NHAI’s decision to descope pending right of way is a positive for BOT-HAM developers: ICRA
Infrastructure

NHAI’s decision to descope pending right of way is a positive for BOT-HAM developers: ICRA

The NHAI had issued a standard operating procedure (SOP) pertaining to approach towards de-scoping the pending right of way (RoW)…
MCE industry reports contraction of volumes by over 20% in CY2020: ICRA
Mining

MCE industry reports contraction of volumes by over 20% in CY2020: ICRA

ICRA continues to maintain negative outlook for the domestic mining and construction equipment (MCE) sector based on the prevailing overall…
Demand brittle for Cement; likely to decline by around 22%-25% in FY2021: ICRA
Infrastructure

Demand brittle for Cement; likely to decline by around 22%-25% in FY2021: ICRA

ICRA expects cement demand to de-grow by 22%-25% in FY2021 given the prolonged nationwide lockdown and subsequent state specific restrictions…
ICRA upgrades short & longterm credit ratings for JSPL
Steel

ICRA upgrades short & longterm credit ratings for JSPL

ICRA has upgraded Jindal Steel and Power Limited’s (JSPL) long-term and short-term credit ratings to Stable Outlook.The credit rating upgrade…
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