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Last Updated : Oct 09, 2020 01:22 PM IST | Source: Moneycontrol.com

Ideas For Profit | Power Grid: A state-owned company poised to ride on power-demand rebound

Higher cash flows, asset monetisation and expected recovery in the consultancy and telecom business should lead to better earnings for Power Grid.

Unlike the initial expectations of an 8-10 percent drop in the overall power demand in fiscal 2021 led by COVID-19, the power demand has seen a swift recovery in the second quarter of the current fiscal. If the market is right, the government’s reform and CAPEX plan could be a big trigger in the second half.

In this edition of Ideas For Profit, Moneycontrol's Sakshi Batra discusses one such power transmission company that is well-geared to take advantage of this recovery.

Watch the video to know more.

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First Published on Oct 9, 2020 01:22 pm