New India blow as wind and solar hit by ratings downgrade

Fresh signal of challenges to government ambitions as ICRA cuts ratings for 1.9GW of projects

The renewable energy target is a flagship of Narendra Modi's government. — The renewable energy target is a flagship of Narendra Modi's government.Foto: MONEY SHARMA/AFP/Getty Images/NTB scanpix

Andrew Lee

Published 17 October 2019, 10:02Updated 17 October 2019, 10:06

Asia-Pacific Policy