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India Targets 230 GWh Storage to Support 300 GW Peak Power Demand

India plans 230 GWh energy storage to support 300 GW peak demand. Former MNRE Secretary Bhupinder Singh Bhalla highlights the need for grid stability, flexibility, and reliability alongside capacity growth as the country moves toward its 500 GW non-fossil power target by 2030.

CRISIL | December 24, 2025 | By News Bureau |  1246

Digitalisation Can Boost Indian Mining and Metals Competitiveness by 15 Percent: FICCI–CRISIL Report

A FICCI-CRISIL report says digitalisation and automation can raise mining and metals efficiency by 10–15 percent, matching past tariff benefits, as India confronts global competition, rising demand, and environmental challenges.

CRISIL | August 29, 2025 | By EI News Network |  1023

Inter-State Transmission Capex to Double to INR 1 Lakh Crore in FY26-27

India plans to invest INR 1 lakh crore in inter-state transmission by FY 26-27, doubling previous spending. This aims to support 65-75 GW of renewable capacity additions. Key challenges include project delays, ROW issues, and supply chain constraints, with policy measures aiding execution.

CRISIL | February 28, 2025 | By EI News Network |  2473

India’s CNG Vehicle Sales to Reach 1.1 Million in FY25 Amid Clean Fuel Push

India's CNG vehicle sales are projected to hit 1.1 million units by FY25, driven by the government's push for cleaner fuels. Rising fuel prices, expanding CNG infrastructure, and automakers' focus on alternative fuels are boosting demand in the segment.

CRISIL | February 21, 2025 | By EI News Network |  3246

Vinay Rustagi Appointed as Director at Premier Energies

Premier Energies has appointed Vinay Rustagi as its new Director. With over 12 years of experience in renewable energy, including leadership roles at CRISIL and Bridge to India, Rustagi brings extensive expertise to help drive the company's sustainability goals.

CRISIL | January 17, 2025 | By EI News Network |  1693

Union Cabinet's INR 7,453 Crore VGF Approval to Boost Offshore Wind Energy Investment: CRISIL

The VGF support will reduce the cost of power from offshore wind projects, which are costlier than onshore wind farms, and encourage developers to enter this space.

CRISIL | June 28, 2024 | By Abha Rustagi |  1649

CRISIL Forecasts 38 Percent Growth in Renewables, Roads, and Real Estate Sector

This surge in investment is driven by the country’s increasing need for sustainable infrastructure, enhanced physical connectivity, and growing demand in the residential and commercial real estate sectors.

CRISIL | June 20, 2024 | By Abha Rustagi |  1535

Inox Wind Secures Ratings Upgrade from CRISIL

CRISIL has upgraded the ratings for IWL banking facilities, with the long-term bank facilities rating being elevated to 'CRISIL A/Stable' from 'CRISIL A-Stable' and the short-term bank facilities rating moving up to 'CRISIL A1' from 'CRISIL A2+'.

CRISIL | June 13, 2024 | By Abha Rustagi |  2070

Electric Bus Penetration in India Set to Double Next Fiscal Year: CRISIL

CRISIL reports that the share of e-buses in new bus sales is poised to double to approximately 8 percent in the upcoming fiscal year, up from around 4 percent in the last fiscal year.

CRISIL | December 20, 2023 | By Abha Rustagi |  2270

Government Could Face Setback as Ethanol Production Drops 20 Percent: CRISIL

The Ministry of Consumer Affairs issued a directive on December 7, restricting the use of sugarcane juice and sugar syrup in the production of ethanol supply year (ESY) 2023-24.

CRISIL | December 14, 2023 | By Abha Rustagi |  2522

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