CARE Downgrades Outlook of 11 Telangana Solar Firms

After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […]

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MNRE Inviting Comments on National Lab Policy for Renewable Energy Sector

Early this year in July the Ministry of New and Renewable Energy (MNRE) started marking the final seal on a national lab policy to set norms for standardization, testing and certification of renewable energy related products in India, and also define the infrastructure required for the testing centres. We reported that the draft policy document […]

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Ujaas Energy gets SP-1A Solar Energy Grading from CARE

Indore based Solar EPC Company, Ujaas Energy Limited (formerly M&B Swtichgears Limited) has received “SP-1A” grading for its system Integrated (PV) from CARE under the Ministry of New and Renewal Energy Scheme for accreditation of channel partners. “SP-1A” grading stands for the “Highest performance” and “Highest financial strength” Speaking on this occasion JMD, Ujaas Energy […]

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