care ratings

power sector: Don’t foresee absolute power supply constraint current year: CARE Ratings

by

Sabyasachi Majumdar, Senior Director, CARE Ratings, the power sector is expected to have ample availability of electricity from thermal, gas, wind, and solar sources. The assurance lies in the willingness of distribution companies to pay for the power they receive. The current season is particularly favorable for wind and solar power generation. Unlike the supply … Read more

Shapoorji: Shapoorji arm SD Corp extends bond payment by 2 months

by

Mumbai: SD Corporation, a wholly-owned company of Shapoorji Pallonji Company, rescheduled coupon payments on its ₹750 crore bonds by two months to March 31, 2024, with an agreement that it will deposit the coupon in an escrow account a day before the due date, said people with knowledge of the matter. The company is engaged … Read more