Infrastructure stable, wind power dips in FY24 forecast: Report
POWER & RENEWABLE ENERGY

Infrastructure stable, wind power dips in FY24 forecast: Report

India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively in...
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India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively influence utilisation of thermal assets. Nevertheless, the wind power segment faces a negative outlook due to the unpredictability of generation levels. E-bus projects too joined the ranks with a stable outlook. Contact: India Ratings and Research Tel: 022 4000 1700 Email: www.indiaratings.co.in

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