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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 |  286

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 |  364

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 |  498

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 |  1119

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 |  1022

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 |  1327

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 |  1580

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 |  1843

Solar Module Price Decline Propels India's Solar Project Boom: CRISIL

According to Crisil, this decline in module prices will accelerate the implementation of solar capacity to an unprecedented annual pace of 16 GW in the current fiscal year.

CRISIL | November 22, 2023 | By News Bureau |  1443

KKR-Backed Virescent Renewable Energy Trust Raises Rs 650 Cr via Domestic Bond Issue

Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT), has raised Rs 650 crore through a domestic bond issuance across 7.33-year (Rs 150 crore) and 10-year (Rs 500 crore) tranches.

CRISIL | February 07, 2022 | By Manu Tayal |  2239

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