Indian renewable market to witness strong growth: Moody’s

Indian renewable market to witness strong growth: Moody’s

As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, says Moody’s Investors Service.

“However, renewable energy projects face challenges related to the weak credit quality of offtakers, an evolving regulatory framework, as well as financing and execution risks,” Moody’s vice-president and senior analyst Abhishek Tyagi said in a statement issued here. Read More…

 

 

Credit By: The Economic Times

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