{"id":485150,"date":"2022-04-19T09:02:10","date_gmt":"2022-04-19T03:32:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=485150"},"modified":"2022-04-19T09:37:45","modified_gmt":"2022-04-19T04:07:45","slug":"heavy-capex-preventing-deleveraging-by-indian-renewable-energy-firms-sp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/heavy-capex-preventing-deleveraging-by-indian-renewable-energy-firms-sp\/","title":{"rendered":"Heavy capex preventing deleveraging by Indian renewable energy firms: S&amp;P"},"content":{"rendered":"<p>Rating agency Standard and Poor\u2019s (S&amp;P) said that heavy capital expenditure and weak cash flows is preventing Indian renewable companies from deleveraging, i,e. reducing debt burden.<\/p>\n<p>The multi-decade growth opportunities for renewable energy in India will result in persistently high leverage across the sector. <\/p>\n<p>Abhishek Dangra, Global Ratings analyst, S&amp;P, said &#8220;weaker operating performance, delayed receivables collections and high capital expenditure will weigh on credit profiles for Indian renewables. This is despite good industry fundamentals.&#8221;<\/p>\n<p>Renewables are economically competitive with traditional fuels and benefit from ambitious energy-transition targets in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rating agency Standard and Poor\u2019s (S&amp;P) said that heavy capital expenditure and weak cash flows is preventing Indian renewable companies from deleveraging, i,e. reducing debt burden. The multi-decade growth opportunities for renewable energy in India will result in persistently high leverage across the sector. Abhishek Dangra, Global Ratings analyst, S&amp;P, said &#8220;weaker operating performance, delayed receivables collections and high capital expenditure will weigh on credit profiles for Indian renewables. This is despite good industry fundamentals.&#8221; Renewables are economically competitive with traditional fuels and benefit from ambitious energy-transition targets in India.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-485150","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/485150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=485150"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/485150\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=485150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=485150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=485150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}