IPP to drive wind capacity growth
POWER & RENEWABLE ENERGY

IPP to drive wind capacity growth

With significant increase in the contribution from the independent power producer (IPP) segment, wind power capacity may expand by 15 per cent in 2012-13 and beyond, according to rating agency ICRA. The share of the IPP segment in the overall installations remained mute in the past but improved to about 20 per cent in 2010-11. This can be attributed to larger project sizes undertaken by them, ranging to above 50 MW.

The agency pegs the wind energy capacity addition in 2011-12 at around 2,800 MW as against the 2,350 MW added a year ago.

Contact: ICRA.
Tel: 011-2335 7940.
Fax: 011-2335 7014.
Website: www.icra.in

With significant increase in the contribution from the independent power producer (IPP) segment, wind power capacity may expand by 15 per cent in 2012-13 and beyond, according to rating agency ICRA. The share of the IPP segment in the overall installations remained mute in the past but improved to about 20 per cent in 2010-11. This can be attributed to larger project sizes undertaken by them, ranging to above 50 MW.The agency pegs the wind energy capacity addition in 2011-12 at around 2,800 MW as against the 2,350 MW added a year ago.Contact: ICRA.Tel: 011-2335 7940. Fax: 011-2335 7014.Website: www.icra.in

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement