Sector report: Power – Amended PDP8: Accelerating renewable energy expansion

Posted:24/02/2025

  • On February 19, 2025, the appraisal council unanimously approved the “Proposal for Power Development Plan 8 Amended,”.
  • Under higher power demand growth scenario, the renewable energy (RE) sector continuing to be strongly promoted.
  • The RE segment, including construction and consulting contractors (PC1, TV2) along with prominent developers (HDG, REE, GEG) poised to benefit.
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