Debt markets reshape India’s energy transition: IEEFA report
India’s energy transition is being increasingly driven by debt markets, with renewable energy platforms showing stronger margins and wider access to capital than thermal peers, even as rising leverage places near-term pressure on credit metrics. This is according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, titled “Financing the energy transition – A credit perspective on India’s power sector,” evaluates the credit risk profiles of eight major power…