# Tags

ICRA Projects A Rise In Thermal Power Plants’ Capacity Utilisation To 69% In Fiscal Year 2025

The capacity utilisation of thermal power plants will increase by a percentage point to 69 per cent in 2024-25, led by the growth in electricity demand and limited thermal capacity addition, says rating agency ICRA   Spot power tariffs in the day-ahead market (DAM) of the Indian Energy Exchange have remained notably high at Rs […]

Renewable Energy Investment Soars, Anticipated to Surge by 83% to Reach $16.5 Billion in 2024

Apart from solar and wind energy, India has increased its focus on green hydrogen in a big way to reduce dependence on fossil fuels, mainly diesel, which is required for long-haul vehicles   According to the power ministry’s most recent forecasts, India is expected to witness a notable 83 per cent increase in investments in renewable […]

Domestic Solar Module Manufacturing Capacity To Touch 60 GW Mark By 2025

Besides module capacity, OEMs are also likely to increase their wafer and cell manufacturing capacities, with cell capacity expected to grow to over 25 GW by 2025 from the current level of 6 GW   ICRA forecasts that India’s domestic solar photovoltaic (PV) module manufacturing capacity will reach 60 gigawatts (GW) by 2025. This would […]