ICRA expects the demand prospects for RE capacity addition by commercial & industrial (C&I) segment to remain solid, given the improved tariff competitiveness and strong sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going Read more
A release by rating agency ICRA says that hydropower capacity addition in India has remained sluggish historically, with significant execution challenges as also seen in the incremental capacity addition of about 22 GW between 2000 and 2021. Read more
The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects, notes credit rating agency ICRA in Read more
Despite the slowdown in renewable capacity addition in FY21 to 7.4 GW from 8.7 GW in FY20, ICRA expects an improved performance in FY22. In a release, the credit rating agency said that while performance in FY21 was subdued Read more
Regulatory headwinds in the open access (OA) segment notwithstanding, the outlook on the renewable energy sector remains stable, notes a release from credit rating agency ICRA. Independent Power Producers (IPPs) in the renewable power sector selling power in the Read more
The capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY21, notes ICRA in a statement. This is in view of the the continued execution challenges amid Covid-19, Read more
With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5% to 6% in FY2021 over FY2020, against ICRA’s earlier estimate of 1% de-growth made in Read more
ICRA feels that the introduction of an entity like Electricity Contract Enforcement Authority (ECEA) with the authority to adjudicate upon matters regarding performance of obligations under a contract related to sale, purchase or transmission of electricity, is likely Read more
The imposition on lockdown by the Government of India to control the COVID-19 outbreak has adversely impacted the electricity demand and the average thermal PLF since March 24, 2020. As per an ICRA note, the demand slowdown amid the Read more