CRISIL has warned that further delays in resolving the issues faced by India's leading renewable energy companies could harm investment in the sector. The agency analysed 10 leading companies which have won around half of the projects awarded in the past two years and account for 32 per cent of the installed renewable capacity in India. The regulator said it was concerned about a number of factors including "uncertainty over government policy and regulatory frameworks" as well as "the lack of clarity on how to deal with non-performing assets (NP@@ The rating agency said a failure to resolve the issues quickly risks damaging the credit outlook of the sector and discouraging investment.
CRISIL has warned that further delays in resolving the issues faced by India's leading renewable energy companies could harm investment in the sector. The regulator said it was concerned about a number of factors including "uncertainty over government policy and regulatory frameworks" as well as "the lack of clarity on how to deal with non-performing assets (NP@@ The rating agency said a failure to resolve the issues quickly risks damaging the credit outlook of the sector and discouraging investment.