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Payment risk resurfaces via discoms for wind projects: Crisil


Payment risk resurfaces via discoms for wind projects: Crisil
ANI |
Updated: Mar 13, 2021 16:38 IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): Payment risk from discoms has resurfaced for wind power projects with four key states Madhya Pradesh, Maharashtra, Rajasthan and Andhra Pradesh that act as a counterparty to around 40 per cent of the overall wind capacity toting up dues of Rs 5,450 crore to 156 renewable projects.
That is 50 per cent increase in the dues year-on-year, according to global analytics company Crisil.
Wind power projects constituting nearly three-fourth of the total private renewable (wind and solar) capacity of these four states have borne a larger share of the payment delays. ....

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Cement sales to hit a decade high next fiscal - The Hindu BusinessLine


Cement set for big growth in FY22 on infra, realty revival
March 11, 2021
Demand seen coming back in South and West
The higher infrastructure spending by the government, an upturn in housing construction, and an overall improvement in macro conditions are expected to drive cement volumes in the next fiscal to their highest in 10 years. While this has enthused cement companies to ramp up capacities, there are concerns around rising input costs that can squeeze margins.
Deepak Khetrapal, Managing Director, Orient Cement, said the demand in southern and western regions, which were the most affected during Covid, should grow 20 per cent in FY22 while the all-India average would be about 15 per cent. The demand for ordinary portland cement has picked up in last two months as infrastructure companies rushed to complete projects before the financial year-end, he said. ....

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