India's Power Sector Poised for 6% CAGR Amid Multi-Vector Capex Upcycle

India’s Power Sector Poised for 6% CAGR Amid Multi-Vector Capex Upcycle

India’s power sector is entering a robust growth phase, with Citi Research analysts projecting a compound annual growth rate (CAGR) of up to 6% driven by a comprehensive capital expenditure upcycle. This surge, identified in a recent report, spans across thermal power, renewable energy, transmission infrastructure, and grid storage solutions, marking the first time in…

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