“Till 2030, we envisage another 320 gigawatt of capacity addition in the renewable itself will be there. This will require around Rs 30-32 lakh crores of investment in the country. If you take 75-25 debt equity, it means roughly Rs 24 lakh crore of investment from the debt market is required. If you take 50-50 debt from NBFCs and others, around Rs 12 lakh crore will be needed from the NBFC space in which IREDA, REC, PFC are going to play a very major role.”
Shorter-dated US Treasury yields surge in anticipation of another Fed rate hike
The Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-percentage-point hike by year-end. Shorter-dated