Major Update from the Power Ministry: Khichdi Network Investment News Advisory

Khichdi Network Investment News Advisory

Major Update from the Power Ministry

The Power Ministry has announced a significant investment plan to meet India's projected electricity demand by 2031-32. Here are the key points:

???? Investment Requirement: Rs 6.67 lakh crore is needed to enhance coal-based thermal power capacity.

???? Capacity Goals:

The required coal and lignite-based installed capacity is projected to be 283 GW.
The current capacity stands at 217.5 GW.
The Government of India proposes to establish an additional minimum of 80 GW coal-based capacity by 2031-32.

KHICHDI NETWORK INVESTMENT ASSOCIATE/ADVISORY VIEW

???? Opportunities for Power Equipment Players:
This massive investment will create robust ordering and tendering opportunities for power equipment players like Bharat Heavy Electricals Limited (BHEL). The increased demand for equipment and infrastructure will significantly boost the long-term visibility and performance of companies in this sector.

This strategic move by the government indicates a promising future for stakeholders involved in the coal-based thermal power industry, presenting a valuable investment opportunity.

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Stay tuned for more updates and insights from the Khichdi Network Investment team.