Published Date: 06/01/2025
- 2024 marks a pivotal year for finalizing key policies, supporting gas-fired and RE segments, thereby creating a more attractive investment environment.
- From 2025, high demand growth of 11-13% serving as the primary driver, favoring thermal power amid high risk of unfavorable hydrological conditions.
- We recommend PC1, NT2, and POW for power sector investment strategies, owing to reasonable valuations and strong growth narratives tied to the positive outlook of gas-fired and wind power segments.
