Citi projects 6% CAGR for India's power sector
after close1 source ↓written by the desknot a recommendation
Citi forecasts India's power sector to grow at a CAGR of 6% driven by a multi-vector capex upcycle. Investment is increasing across generation, transmission, and distribution, bolstered by rising electricity demand and renewable energy integration. Policy support and infrastructure spending are expected to sustain this growth momentum. ⚡
• Increasing investment across conventional and renewable power generation
• Expansion of transmission networks and distribution upgrades
• Thermal power capacity additions are also contributing to growth
Not investment advice. For informational purposes only.