India's power sector transformation driven by renewables
pre-market1 source ↓written by the desknot a recommendation
- by FY30
- 10GW renewable capacity
- JSW Energy targets
- 30GW generation capacity
- 40GWh storage
- by FY30
- 67GW
- with leverage between
- 3.5-4.0x Net Debt/EBIT
India's power utilities are poised for a transformative expansion focused on renewable energy and storage. Torrent Power aims for 10GW renewable capacity by FY30, while JSW Energy targets 30GW generation capacity and 40GWh storage. NTPC plans to expand to 67GW by FY30, with leverage between 3.5-4.0x Net Debt/EBIT.
Not investment advice. For informational purposes only.