PSU shares have been amongst the perfect performers of FY24, rallying 88 per cent (BSE PSU) in comparison with Nifty-50’s 20 per cent returns. The explanations ascribed for the rally vary from the final bastions of worth to structural adjustments, which have modified the earnings trajectory for the great. Although a lot of the structural … Read more
The Centre targets 500 GW of put in capability from non-fossil gasoline sources by 2030 alongside extra thermal capability of 93 GW by 2032, to make sure vitality safety. SJVN Ltd, a constituent of BSE Utilities Index, seems strategically positioned to capitalise on each fronts. The corporate is diversifying its vitality portfolio past hydropower and … Read more
With surging electrical energy demand and a governmental drive in direction of renewable vitality, the BSE Energy index closed at a lifetime excessive on Friday, gaining by over 86 per cent in FY24. This has positioned the ability sector among the many prime 5 best-performing sectoral indices, outpacing the S&P BSE Sensex, which returned 25 … Read more
Propelled by demographic growth, speedy urbanisation, and rising industrial exercise, India’s electrical energy demand is poised for sustained progress within the close to future. Recognising the insufficiency of renewable power sources alone to fulfill this escalating demand, the federal government has outlined plans to determine round 93 GW of further thermal energy capability by 2032. … Read more
BSE Energy index has seen a rally of round 86 per cent over the past one 12 months, pushed by rising energy demand, authorities’s thrust on renewable power and enhanced capex spending within the energy sector. One of many main contributors to the rally has been the inventory of PSU hydro generator NHPC. Since our … Read more
Energy sector regulator Central Electrical energy Regulatory Fee (CERC) launched the draft tariff norms for the interval 2024-29 on January 4. Usually, each 5 years, CERC releases norms concerning the tariff dedication of the facility buy agreements (PPAs) on regulated initiatives, that are usually carried out by the PSUs. These are the draft rules whereas … Read more