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Power Grid: steady returns ride power boom, but debt clouds outlook
India’s transmission giant benefits from a regulated, cash-flow-stable model and rising electricity demand, but fresh borrowing plans put the spotlight on leverage risks
Hitachi Energy hits new high in weak market; IDBI Capital initiates 'Buy'
IDBI Capital believes that Hitachi Energy India is a potent play amid a growing theme of power transmission in India
Hitachi Energy, GE Vernova T&D, CG Power stocks rally as Citi initiates with bullish calls on transmission boom
Citi cited estimates from BloombergNEF that global transmission and distribution capex could reach about $15 trillion between 2025 and 2050, and that India is uniquely positioned to benefit from this trend. It said that transmission infrastructure is emerging as a key bottleneck in the global energy transition.
Power Grid Corporation: Poised for next capex cycle as India’s energy transition accelerates
Strong order inflows, rising capitalisation, and renewable energy transmission projects improve long-term earnings visibility