The decision comes amid fears that escalating hostilities in the region could affect global fuel supplies and lead to shortages in import-dependent economies such as Sri Lanka.
Amid the power sector facing fuel shortage, the Coal Ministry has opined that diversion of a portion of e-auction coal to power producers will affect the fuel supply to other sectors, including steel and cement.
Country's largest power producer NTPC today expressed concerns over fuel shortages, environmental hurdles and other issues plaguing the sector which are also restricting the company's growth targets.
After the beating infrastructure companies got in 2011, hopes are that the FM will help alleviate stress and give a thrust to the space this Budget.
Harshavardhan Dole of IIFL tells CNBC-TV18 the best bet in the power space is large cap names that are relatively insulated from macro issues.
Brokerages tell you what to do with stocks of companies dealing in energy and also with auto and IT sectors that are now starting to look cheap.