The Centre’s proposed compensation mechanism for existing renewable energy projects will protect the cash flows to an extent from grid curtailments and will also ensure a favourable operational environment for renewables sector, said India Ratings.
“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” the ratings agency said in a statement here. Read more
Latest posts by The Economic Times (PTI) (see all)
- Venezuela’s PDVSA To Rope In Customers To Pay $449 Million To ONGC – November 16, 2017
- Industry Pitches For Bringing Natural Gas Under GST – November 16, 2017
- JP Associates-JSW Keen On Resolution Of Jaypee Infra – November 14, 2017