India to spend $1.4 trillion on infrastructure in the next 5 years: Finance Minister. Rs. 1 lakh crore bad loans debilitating India’s power sector: TERI.
Demand for Power Transmission & Distribution equipment forecasted to grow at 8.2%. DISCOMs improve ratings with better service and less losses.
Companies’ revenue growth across Power sector expected to slow down to 3-4 per cent. Average spot power price at a two-year low of Rs 2.77/unit in September: IEX.
Corporate tax cut to result in Rs. 2,500 cr savings for DISCOMs. Power GENCOs’ outstanding dues on DISCOMs rise 57% in August. Core sector output declines by 0.5% in August.