Rs 40 trn opportunity! India's power sector set for multi-decade boom; Tata Power, Power Grid top bets
- Posted on September 28, 2024
- By Business News Today
- 2 Views
Rs 40 trn opportunity! India's power sector set for multi-decade boom; Tata Power, Power Grid top bets
Power demand in India is expected to grow at a faster rate, with a 7% CAGR over the next decade, driven by a robust economic outlook, urbanization, and new demand drivers such as electric vehicles (EVs), data centres, and the electrification of energy needs.