Power entering supercycle? Stocks to own: Elara Cap
Synopsis India's power sector is set for a major boom. Demand is expected to surge by 5% to 6% annually for the next decade. This
Synopsis India's power sector is set for a major boom. Demand is expected to surge by 5% to 6% annually for the next decade. This growth is fueled by increased home appliance use, industries switching to grid power, and new demand from electric vehicles and data centers. Massive capacity expansion is underway, and distribution companies are financially stronger.
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