TAG: "CRISIL Ratings"

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CRISIL Upgrades Suzlon Energy’s Credit Rating to CRISIL A

CRISIL Ratings has upgraded Suzlon Energy's credit rating to ‘CRISIL A’ with a Positive Outlook, marking its second upgrade in 2024, in recognition of the company’s improved financial metrics and growing opportunity in the dynamic renewable energy sector.

CRISIL Ratings | December 31, 2024 | By Mrinmoy Dey | 1093

India to Add 6 GW RE Storage By 2028

India will boost its renewable energy storage by 6 GW by 2028, driven by a strong project pipeline and government support. Challenges include high costs and slow project implementation, says CRISIL Ratings report.

CRISIL Ratings | August 14, 2024 | By EI News Network | 963

India’s Thermal Power Share to Fall as Renewables Rise

India's thermal power share is set to decrease as renewable energy capacity surges, with strong cash flows and reduced debt helping support the thermal sector’s credit profiles despite declining plant load factors.

CRISIL Ratings | August 14, 2024 | By EI News Network | 1047

Electricity Demand Rises in Northern Part of India Amidst Heatwaves

According to recent SectorVector Market Intelligence and Analytics report by CRISIL, power demand in North India increased by a staggering 22 percent year-on-year in June alone, fueled by temperatures soaring 5-8 degrees Celsius above normal.

CRISIL Ratings | July 09, 2024 | By News Bureau | 980

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 Ratings | June 20, 2024 | By Abha Rustagi | 943

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 Ratings | June 13, 2024 | By Abha Rustagi | 1218

India's Smart Meter National Program Set to Revolutionize Power Distribution: CRISIL

Projected to involve a capital expenditure of INR 1.5 lakh crore, the SMNP is slated for implementation over the next five fiscal years.

CRISIL Ratings | April 02, 2024 | By Abha Rustagi | 1650

CRISIL Upgrades Suzlon Ratings to ‘A-' with a Positive Outlook

Suzlon Group announced that CRISIL Ratings has upgraded its ratings to ‘A-‘ with Positive Outlook in alignment with the company’s strengthened financial position, operational excellence and favourable sectoral tailwinds.

CRISIL Ratings | March 27, 2024 | By News Bureau | 1130

ALMM Revival to Spur Solar Module Makers' Profit Prospects in 2025: CRISIL

A substantial increase in exports, commanding a premium of 15-20 percent over domestic prices, is anticipated to more than compensate for the surge in imports during the temporary suspension of ALMM.

CRISIL Ratings | February 01, 2024 | By Abha Rustagi | 1609

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 Ratings | December 20, 2023 | By Abha Rustagi | 1493