Govt plans to add 97,000 MW coal, lignite-based thermal capacity by 2035: Shripad Naik

+70

Market Impact Score

-100 Bearish+100 Bullish

AI Analysis

India's growing energy demand necessitates significant capacity additions. This plan provides long-term visibility for the thermal power sector.

Look for entry points in power generation and infrastructure companies, anticipating sustained order inflows.

•Govt plans to add 97,000 MW coal, lignite-based thermal capacity by 2034-35.
•Expansion aims to meet a projected demand of 3,07,000 megawatts.
•Significant progress is already underway with ongoing construction and awarded contracts.
•Risk flag: Environmental concerns and regulatory hurdles for coal projects
•Risk flag: Execution risks and project delays

POWERGRIDPower Grid Corporation of India Ltd

Positive

Increased power generation will require enhanced transmission infrastructure.

COALINDIACoal India Ltd

Positive

Increased demand for coal and lignite as fuel for new thermal plants.

mentioned in article

Announced the government's plan for thermal capacity addition.

Sectors:energy

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