Solar Projects Worth 3 GW at Risk due to Coronavirus Outbreak: CRISIL Updated On Mon, Feb 17th, 2020 by Saurenergy Nearly 3 GW of solar projects, worth Rs 16,000 crore, could be at risk of penalties for missing their respective SCODs due to Coronavirus outbreak Nearly 3 GW of solar projects, worth Rs 16,000 crore, could be at risk of penalties for missing their respective scheduled commercial operation date (SCOD) if the impact of Coronavirus […] Read more
CRISIL Backs 3-Wheelers, Two Wheelers to Lead EV Charge Updated On Sat, Feb 15th, 2020 by Saurenergy By 2024, as much as 43-48 percent of new 3-wheelers and 12-17 percent of new 2-wheelers sold in India will be electric vehicles, a study by CRISIL has shown A view that we have repeatedly pointed out as an unfolding reality has been confirmed by CRISIL too. The leading research firm has predicted that by […] Read more
CRISIL Report on Getting Charged Updated On Fri, Feb 14th, 2020 by Saurenergy By 2024, as much as 43-48 percent of new 3-wheelers (excluding e-rickshaws), and 12-17 percent of new two-wheelers sold in India will be electric vehicles (EVs), a study by CRISIL Research has shown. But traction may be low for 4-wheelers, with only 5 percent of new sales likely to be EVs. The study looked at […] Read more
CRISIL Report on REturn to Uncertainty Updated On Thu, Oct 10th, 2019 by Saurenergy India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
58/100. India’s Likely Target Achievement on renewables in 2022 Updated On Mon, Oct 7th, 2019 by Saurenergy A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are tied , when it comes to sustaining the […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
CRISIL Predicts Rs 1100 Bn in Investments For Wind Capacity Additions by 2023 Updated On Thu, Mar 7th, 2019 by Saurenergy According to a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23). According to numbers recently furnished in a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23) at an estimated investment cost of Rs […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more