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 with rates seen over the past six months, according to an ICRA report
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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
Incentives under the Gujarat government's electric vehicle (EV) policy, coupled with enhanced subsidy under the Centre's FAME-II scheme, will lead to a price reduction of electric…
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 than the first wave
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 at its lowest level
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) for BOT (HAM) projects. Basis the…
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 scenario. After three strong years and…
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 disrupting construction activities. The latest volume…
ICRA upgrades short & longterm credit ratings for JSPL
ICRA has upgraded Jindal Steel and Power Limited’s long-term and short-term credit ratings to Stable Outlook.The credit rating upgrade by ICRA comes soon after an upgrade…