PLI Capex Deployment Likely to Surge over 80% of Projected Investments from FY24: ICRA

The deployment of Capex is expected to pick up only in FY24 for more than 80 per cent of the projected investments, based on some recent developments for large-scale projects such as semiconductors, predicted by credit rating agency ICRA Ltd.

ICRA | November 23, 2022 | By Manu Tayal 2113

Rising EV Penetration to Drive over $9 Bn Investment in Battery Cell Manufacturing in India: Report

With the rising electric vehicle (EV) penetration in the country, investments in battery cell manufacturing are expected to exceed USD 9 billion, as estimated by ICRA Limited – a leading credit rating agency in India.

ICRA | September 01, 2022 | By Manu Tayal 1172

AP High Court’s Order Reinforcing the Sanctity of PPAs, a Positive for RE IPPs: ICRA

The High Court (HC) of Andhra Pradesh (AP) vide its order on March 15, 2022 in the matter of PPA tariff renegotiation, initiated by Government of Andhra Pradesh (GoAP) for wind and solar power projects, has set aside its previous order issued in September 2019 by a single judge bench of the HC.

ICRA | March 16, 2022 | By News Bureau 1171

Green Hydrogen Policy a Positive Step towards Energy Transition Plans: ICRA

Credit rating agency ICRA has said that the Government’s recently announced Green Hydrogen policy is a positive step towards its energy transition plans to support the significant Renewable Energy (RE) capacity addition in the country.

ICRA | March 08, 2022 | By Manu Tayal 1109

PLI to Unlock India’s Manufacturing Capacity with Rs 3 Trn Outlay across 14 Sectors: Report

The Government of India with the intention of boosting India’s manufacturing, employment generation, import reduction and exports growth has announced the Production-Linked Incentive scheme (PLI) covering 14 significant sectors of the economy involving a total outlay of ~ Rs 3 trillion, said ICRA in its latest Sectoral Strategy Report.

ICRA | February 17, 2022 | By Manu Tayal 961

RE Generation Capacity Addition Estimated at 16 GW in FY23: ICRA

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, said credit rating agency ICRA.

ICRA | January 10, 2022 | By Manu Tayal 1620


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