Mercom Insider

What RBI’s Rate Hike Means for India’s Renewable Energy Industry

Developers expect higher borrowing costs to affect project returns, payback periods, and manufacturing expansion

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The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers, potentially affecting project returns, financing decisions, and capacity expansion plans.

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