Why India’s Wind Turbine Makers Are Under Stress

Why India’s Wind Turbine Makers Are Under Stress

Lower tariffs for wind power developers after India moved to competitive bidding has hurt wind turbine makers. The situation stems from transition from feed-in tariffs to auctions in 2017 that drove wind energy tariffs to record lows.

Lenders To Ratnagiri Power Agree On Debt Resolution Plan

Lenders To Ratnagiri Power Agree On Debt Resolution Plan

Lenders to Ratnagiri Gas and Power Pvt. Ltd. have agreed to move ahead with a resolution plan, which includes a conversion of part of the company’s debt into cumulative redeemable preference shares, two bankers familiar with the plan told BloombergQuint, on condition of anonymity.

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