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SHANTI Act: The law ....may've started to show results
The SHANTI Act 2025 explained: India's nuclear power expansion is gaining momentum through new legislation. The SHANTI Act 2025 allows private participation across the civilian nuclear sector. This law replaces older acts and modernizes the nuclear framework for future growth. Australia's uranium exports will also support India's expanding nuclear generation capacity. Manufacturers are preparing to scale up equipment production for rising demand.
Nuclear equipment makers expand capacity as India opens sector
Indian nuclear equipment makers are expanding capacities for anticipated increased demand. New legislation allows private companies to establish nuclear power plants in India. Major power producers have announced plans to enter the nuclear energy sector. The government targets one hundred gigawatts of nuclear capacity by 2047. This expansion offers significant opportunities for component suppliers.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Earnings could improve from Q2 as oil eases; Enam's Sridhar Sivaram stays underweight on IT, banks
Enam Holdings Investment Director Sridhar Sivaram remains underweight on IT and banks, citing weak earnings growth and intense competition, while favouring manufacturing, power equipment, pharmaceuticals, NBFCs and gold. Sivaram also recommends international diversification and expects gold to deliver double-digit annual returns over the next five years.
Kirloskar Oil Engines shares snap six-day losing streak after BofA Securities projects 26% upside
Kirloskar Oil Engines is now focused on executing its first hyperscaler project successfully, which Kirloskar said will help win more business in one of the fastest growing markets for power generation equipment.
Chola Securities’ Dharmesh Kant bets on banks, power; cautions on consumer valuations
Dharmesh Kant, Head Research at Chola Securities, says India's growth outlook remains strong, driven by robust demand, infrastructure execution and healthy credit growth. He remains positive on power equipment after further correction, prefers select private and PSU banks, sees value in pharma and hospitals, and is constructive on Mumbai-focused real estate. However, he advises caution on richly valued consumer stocks despite improving business fundamentals.
India allows 4 China-linked firms to bid for power projects
India has granted a two-year exemption to four China-linked power equipment manufacturers with local factories, allowing them to bid on critical government infrastructure projects. This move aims to address equipment needs for India's massive transmission network expansion, crucial for meeting rising electricity demand and integrating renewables. The decision follows a power ministry proposal and comes amid concerns from domestic players about increased competition.
Why the government is allowing the import of some Chinese power equipment—for now
The Centre has temporarily allowed imports of select Chinese transformer components to ease supply shortages and keep power transmission projects on schedule. Analysts say the move is a short-term solution to address bottlenecks and does not signal a shift away from India's long-term push for local manufacturing.
Supreme Court stays Delhi government's CAG audit of power discoms
In a significant ruling, the Supreme Court has put a stop to the Delhi government's planned inquiry into power distribution companies. This comes in light of the government's push for a Comptroller and Auditor General (CAG) examination into the staggering Rs 38,500 crore accrued in Regulatory Assets, intended to be passed on to consumers. The court's decision followed input from the Delhi Electricity Regulatory Commission alongside private discom representatives.
Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s why
Indian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for government tenders. This move, aimed at easing project delays, allows companies like TBEA Energy and Nanjing Electric India to participate, despite earlier restrictions following the 2020 border clash. The exemption, however, is not to be treated as a precedent.
Jefferies favours defence, power equipment plays; L&T, HAL among top bets
Jefferies' top picks include Siemens Energy (SE), Hitachi Energy (Hitachi), Hindustan Aeronautics (HAL), Bharat Electronics (BEL), KEI Industries, and Larsen & Toubro (L&T)
JSW Energy moves to make key wind equipment in-house
The facility has an annual production capacity of up to 450 wind blades, equivalent to supporting around 600 MW of wind power projects.