Power sector Q2 preview: Higher generation, power sales to boost profitability
Power sector heavyweights such as NTPC, Power Grid, Coal India, Tata Power, and NHPC are expected to report double digit growth in profits in Q2 FY23.
Power sector heavyweights such as NTPC, Power Grid, Coal India, Tata Power, and NHPC are expected to report double digit growth in profits in Q2 FY23.
Industry sources say the move, which will burden consumers, is part of the attempts to improve the poor financial health of distribution companies.
The bill aims to give multiple licences in various power distribution areas, paving the way for private sector companies to take up distribution.