India’s Power Demand Continues To Remain Firm: Motilal Oswal

India’s Power Demand Continues To Remain Firm: Motilal Oswal

Transmission towers in Crockett, California, U.S. (Photographer: David Paul Morris/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

An increase in Covid-19 cases has led to the announcement of stricter restrictions and curfews in various Indian states.

The same has led to uncertainties over growth in India’s power demand.

While the full implications on demand is yet to have panned out, the underlying data for power demand has so far not showed any signs of waning.

It continues to trend a healthy 40%/9% versus April 2020/April 2019 levels.

Funds from the Rural Electrification Corporation-Power Finance Corporation led Atmanirbhar scheme has picked up pace, and along with the improved power demand, has aided the receivables situation of generators.

Click on the attachment to read the full report:

Motilal Oswal Utilities Sector Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES