Mumbai : Power prices are expected to remain firm next fiscal on the back of elevated demand growth of 5.5-6 per cent, and the demand is set to close this fiscal up 9.5-10 per cent over 8.2 per cent last fiscal, a report said on Thursday. The fears of a heat wave has seen the […]
RE Companies’ Receivables from NTPC, SECI, Discoms to Shrink 20% this Fiscal: CRISIL – EQ Mag Pro
Receivables of leading renewable companies will shrink 20 per cent during this financial year, Crisil Ratings said New Delhi: Receivables of leading renewable companies will shrink 20 per cent during this financial year, Crisil Ratings said. Leading renewable energy (RE) companies are set to see their receivables reduce a fifth from 180 days a year […]
EV share in auto components to be 9-11% by fiscal 2027: CRISIL – EQ Mag Pro
Shift presents both opportunities and challenges for auto component players Revenue of the electric vehicle (EV) components’ market in India is likely to rev up at a compound annual growth rate of ~76% to Rs 72,500 crore in fiscal 2027 from Rs 4,300 crore last fiscal. That will take the share of EVs in the […]
Rise in module, steel and freight costs to hit 5 GW solar capacity under implementation: Crisil – EQ Mag Pro
These were bid at relatively lower tariffs of below Rs 2.35/ kWh A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight costs, will pull down the return on equity (ROE) of nearly a fifth of the 25 GW1 private solar capacity. This capacity of ~5 GW, […]
EVs to get Rs 2.2 lakh Cr in capex by 2030: Crisil report
Chennai : India will see industrial capex of Rs 22-24 lakh crore till 2030 and electric vehicles and its value chain will comprise roughly 10% of that amount. According to a report by Crisil, electric vehicles and the auto value chain will get around Rs 2.2 lakh crore in investments over the next 8 years, […]
Charting the EV trajectory beyond FAME regime: CRISIL
Charting the EV trajectory beyond FAME regime: CRISIL For more information please see below link:
Electric scooters may get costlier as FAME incentives taper off: Crisil – EQ Mag Pro
New Delhi : With a strong pick up in the adoption of electric two-wheelers which is translating into robust sales of e-two wheeler companies, there is also a possibility of electric scooters becoming costlier by Rs 45,000 in fiscal 2025, says a Crisil report, which can be offset by the Production Linked Incentive (PLI) for […]
Share of round-the-clock plants to be over 5 per cent of renewable mix by 2025: CRISIL – EQ Mag Pro
The share of round the clock (RTC) plants1 in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. This will be driven by expected tariff reduction of nearly 12% over the next two fiscals and an ability to provide power at a pre-determined schedule — currently […]
Solar module making capacity set to soar 400% by FY25: Crisil – EQ Mag Pro
Mumbai :Local manufacturing of solar modules is set to soar by almost 400 per cent by fiscal 2025 compared to the last financial year with 30-35 GW of fresh module capacity at an investment of Rs 50,000 crore across the value chain, says a report. Rating agency Crisil’s report is based on an analysis of […]
Duty, taxes to lift solar tariffs to Rs 2.6 per unit next fiscal year: CRISIL
Solar tariffs might rise to Rs 2.6 per unit to Rs 2.7 per unit from an all-time low of Rs 2 unit over next fiscal year in the wake of the recent increase in the goods and services tax (GST) on renewable energy equipment, and the proposed customs duty on imported solar modules, according to […]