India's renewable energy capacity is projected to hit 250 GW by March 2026, fueled by a robust project pipeline and increased tendering act...

ICRA revises FY2025 steel demand growth to 9-10% due to strong government spending and sector demand, leading to increased earnings and Ind...

Icra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's ...

India aims for 40% renewable energy by FY2030, driven by RE capacity growth. Energy storage systems, especially BESS and PSP projects, play...

ICRA estimates India's RE capacity to reach 170 GW by Mar 2025, enhancing RE plus large hydro share in all-India electricity generation to ...

The earlier Order stated that projects commissioned by 31 March 2024 will be exempted from the requirement of procuring solar modules from ...

The all-India electricity demand is expected to grow 7 per cent to 1,480 billion units (BU) in the ongoing financial year, according to Icr...

The key challenges constraining growth remain on the execution front, mainly associated with land and transmission infrastructure as well a...

Girishkumar Kadam, Senior Vice President and Co-Group Head, ICRA Ratings, said, the investment prospects in the RE sector are expected to r...

However, ICRA said the delays in signing of PPAs/PSAs (power purchase or sale agreements) as observed in the past and cancellation of bids ...

Kadam said that despite the spike, tariffs will not cross the 3-rupee upper limit, which would continue to remain cost-competitve from the ...

Giving the sector a negative outlook, ICRA's power and renewables head Girishkumar Kadam said that the rating was based on execution delays...

Various states have taken such decisions to help their distribution companies, which often suffer from cashflow issues. Recently, the Mahar...

ICRA Vice President and Sector Head Girishkumar Kadam said the availability of grants was not an earlier part of the UDAY scheme. Nonethele...

The ministry of MNRE proposes to issue bids for 5,000 MW by March next year followed by 10,000 MW each in FY 2019 and FY 2020, so as to ach...

ICRA noted that with declining module price levels and adoption of bidding process, the tariff competitiveness for solar PV projects has sh...

ICRA finds that the progress in implementation of the Ujwal DISCOM Assurance Yojana (UDAY) has been satisfactory.