Ind-Ra downgrades power sector ratings to negative

Ind-Ra expects renewable capacity addition to remain slow in FY21, on account of lower internal rate of returns generated by operational plants, limited domestic long-term funding availability post non-banking financial company crisis, continued poor health of discoms, and continuing infrastructure challenges on land acquisition and evacuation infrastructure.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.