Ankit Hakhu

Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL

CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore  (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […]

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ALMM To Keep Margins Of Solar Module Makers At 12-14% Next Fiscal: CRISIL

A latest forecast from CRISIL Ratings said that the implementation of the Approved List of Models and Manufacturers (ALMM) from April 1, 2024, is expected to help keep operating margins of domestic module makers strong at 12-14% in fiscal 2025, in line with the level likely this fiscal. Healthy domestic and export demand will help, […]

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Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL

Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […]

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Amid Rising Module Cost, Returns of Projects May Drop by 200 bps: Crisil

According to CRISIL Ratings’ estimates, rising module prices may diminish returns for 12 GW of bid out solar projects by ~200 bps and inflate tariffs of future bids by 10-15 paise per unit. CRISIL, an Indian subsidiary of the US company S&P Global, is an analytical company providing ratings, research, and risk and policy advisory […]

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