India’s wind energy capacity addition in the current financial year remains adversely impacted due to migration from feed-in tariff to bid tariff route and with a very limited progress seen in tie-up of incremental wind energy Power Purchase Agreements (PPAs) through bidding route so far, research and ratings agency ICRA said.
“As a result, the credit profile of wind turbine generator (WTG) Original Equipment Manufacturers (OEMs) would remain under pressure due to sector specific headwinds in near term. In this context, clarity from Central Electricity Regulatory Commission (CERC) on inter-state connectivity issue for projects under SECI scheme by MNRE in time-bound manner remains critical,” said Sabyasachi Majumdar, Senior Vice President at ICRA. Read More…
Latest posts by ET Energy World (see all)
- Delhi Metro’s fight against snags goes to the wire - September 19, 2018
- Cabinet approves Rs 3,466 crore package for dam safety and rehabilitation - September 19, 2018
- Uttar Pradesh will have to be lightning fast to power 1 crore homes - September 19, 2018