Wind power company elicits an upgrade: Find out why
Jun 04:
Here is one windpower company which has elicited a ratings upgrade 8This is despite the fact that its 100 MW of wind capacity is placed at a higher than market rate of Rs 5.92/unit, albeit with a well regarded offtaker for 25 years 8The high feed in tariff ensures attractive project IRR and debt service coverage ratio. Further, the entire capacity has also been registered for Generation Based Incentives (GBI). 8But is there a prospect of the offtaker backing off at some point? 8Find out more on what prompted the upgrade Click on Reports to find out more