TAG: "CRISIL Ratings"

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Indigenous Solar Cells to Meet Nearly Half of India’s Demand After ALCM Mandate: Crisil Ratings

Crisil Ratings expects domestic solar cells to meet nearly half of India’s FY27 demand as the ALCM mandate boosts local manufacturing, while rapid capacity additions may pressure utilisation and returns.

CRISIL Ratings | June 19, 2026 | By EI News Network | 516

CRISIL Ratings Assigns 'A-/Stable’ Long-Term and ‘A2+' Short-Term Ratings to SAEL Industries

CRISIL Ratings has assigned ‘A-/Stable’ long-term and ‘A2+’ short-term ratings to the bank facilities of IPO-bound SAEL Industries, citing strong PPA-backed revenue visibility and a stable credit profile.

CRISIL Ratings | April 15, 2026 | By Mrinmoy Dey | 514

Over 35 GW RE Capacity at Risk of Grid Curtailment in FY27: Crisil Ratings

Crisil Ratings estimates that over 35 GW of renewable energy capacity could face curtailment risk by FY27 due to limited transmission capacity and reliance on temporary grid access.

CRISIL Ratings | March 20, 2026 | By Mrinmoy Dey | 1875

Meenakshi Energy Secures ‘AA-/Watch Developing’ Rating from CRISIL Ratings

Vedanta subsidiary, Meenakshi Energy earns first standalone long-term and short-term ratings, backed by refinancing, improved EBITDA, operational stability and new five-year PPA.

CRISIL Ratings | February 23, 2026 | By News Bureau | 945

Runaya Green Tech secures Crisil A/Stable Rating as Revenues Surge on Critical Minerals Expansion

Crisil has assigned Runaya Green Tech A/Stable and A1 ratings, citing strong revenue visibility, low leverage and rapid scale-up, with revenues expected to double in FY26 on new capacities.

CRISIL Ratings | January 20, 2026 | By News Bureau | 1083

ACME Solar Secures INR 1,100 Crore SBI Funding to Refinance 300 MW Rajasthan Project

ACME Solar Holdings has secured refinancing from SBI for a tenure of approximately 17 years.

CRISIL Ratings | September 23, 2025 | By Abha Rustagi | 940

Gautam Solar Upgrades to ‘CRISIL A-/Stable ‘Long-term and ‘CRISIL A2+’ Short-term Ratings

The major upgrade to CRISIL A- is a true measure of Gautam Solar's strengthened business profile, strong financials and sustained track record of meeting its obligations

CRISIL Ratings | August 26, 2025 | By News Bureau | 959

Wind Assets Underperform, Solar Power Takes the Lead in India’s Renewable Mix says Crisil Ratings

Crisil Ratings has recently released a report on wind and solar assets, stating that over 60 percent of wind energy assets are underperforming relative to their P90 level on average across five financial years.

CRISIL Ratings | August 20, 2025 | By News Bureau | 5623

CRISIL Assigns ‘AA-/Stable’ Rating to ACME Solar’s 600 MW Renewable Projects in Rajasthan

CRISIL Ratings has assigned 'CRISIL AA-/Stable’ rating to long-term bank facilities of ACME Deoghar Solar Power Private Limited (ADSPPL) and ACME Phalodi Solar Power Private Limited (APSPPL), both wholly-owned subsidiaries of ACME Solar Holdings Limited (Acme Solar).

CRISIL Ratings | July 25, 2025 | By News Bureau | 1301

India's Solar Cell Manufacturing Capacity is Set to Touch 50-55 GW by Fiscal 2027: Crisil Ratings

India's solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules.

CRISIL Ratings | February 07, 2025 | By News Bureau | 1732