10 stocks to be powered by UDAY

With financial burden reducing for SEBs, companies like KEC, Kalpataru, CESC, PFC, REC stand to gain

Hamsini Karthik  |  Mumbai 

In November 2015, when the government announced the Ujwal DISCOM Assurance Yojana (UDAY) programme to turn around electricity distribution companies (discoms), there was little hope that it would alleviate the debt and operational burdens of the state electricity boards (SEBs). But, in 16 months, UDAY is emerging as a hero for the power sector, with many companies operating in this space clocking/expected to report good earnings growth. While Power Grid and NTPC may be the biggest beneficiaries of these efforts, others such as Siemens, ABB, Kalpataru, KEC, JSW Energy, CESC and even ...

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10 stocks to be powered by UDAY

With financial burden reducing for SEBs, companies like KEC, Kalpataru, CESC, PFC, REC stand to gain

With financial burden reducing for SEBs, companies like KEC, Kalpataru, CESC, PFC, REC stand to gain In November 2015, when the government announced the Ujwal DISCOM Assurance Yojana (UDAY) programme to turn around electricity distribution companies (discoms), there was little hope that it would alleviate the debt and operational burdens of the state electricity boards (SEBs). But, in 16 months, UDAY is emerging as a hero for the power sector, with many companies operating in this space clocking/expected to report good earnings growth. While Power Grid and NTPC may be the biggest beneficiaries of these efforts, others such as Siemens, ABB, Kalpataru, KEC, JSW Energy, CESC and even ... image
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