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Capital outlay on roads, renewables seen rising ~35% in this and next fiscals to Rs ~13 lakh cr, backed by strong execution pace

Capital outlay on roads, renewables seen rising ~35% in this and next fiscals to Rs ~13 lakh cr, backed by strong execution pace
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investment: Road, renewables capex likely to rise by 35% in FY24 & FY25: Crisil

A report by Crisil Ratings predicts that the total capital outlay for roads and renewables in India is expected to increase by 35% to Rs 13 lakh crore in 2023-24 and 2024-25. The report attributes the growth to conducive policies, rising investor interest, and strong execution speed. Road construction is projected to grow by 25% and capacity addition in renewables by 33% in the current and next fiscal years.

Gurpreet chhatwalKrishnan sitaramanManish guptaCrisil ratingsRatings managing director gurpreet chhatwalSenior director manish guptaChief rating officer krishnan sitaramanRoad renewables

Road, renewables Capex likely to rise by 35% till FY25: Crisil

The total capital outlay for roads and renewables in 2023-24 and 2024-25 is likely to jump by 35 per cent to Rs 13 lakh crore compared to that in the last two fiscal years, according to a report. Conducive policies, rising investor interest and strong execution speed are expected to drive the

Manish guptaGurpreet chhatwalCrisil ratingsRatings managing director gurpreet chhatwalSenior director manish guptaEnewables capex likely to rise by 35 till fy25 crisil

Outlay on roads and renewables may climb to Rs 13 lakh crore in FY24, FY25

According to Crisil, the growth is expected to sustain over the medium term, supported by conducive policies, strong investor interest and healthy financial profiles, leading to stable credit quality of companies in the Crisil Ratings portfolio in both sectors.

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India Inc s key credit ratio moderated sharply in second half of FY23: Crisil Ratings

India Inc s key credit ratio moderated sharply in second half of FY23: Crisil Ratings
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