Centrum Broking previews Q1 results for renewable energy firms
after close1 source ↓written by the desknot a recommendation
- with India adding
- 6.8GW of solar
- capacity
- 712MW of wind
- projected to grow
- 6% annually
- per year
- 45-50GW
Centrum Broking has maintained its Buy rating on Suzlon Energy, NTPC Green, Waaree Energies, and ACME Solar Holdings ahead of Q1 results. The brokerage expects a healthy performance driven by rising power demand, with India adding 6.8GW of solar and 712MW of wind capacity in the first two months of FY27.
Key Points:
• Power demand projected to grow 6% annually.
• Anticipated renewable capacity additions of 45-50GW per year over the next 4-5 years.
• Continued growth trend expected for Independent Power Producers (IPPs).
Not investment advice. For informational purposes only.