How rising summer demand & Sec 11 extension may benefit 3 power companies: Rupesh D Sankh
In terms of volume, companies like IEX, Torrent Power, and JSW Energy will benefit from the higher merchant capacity they have in the next two to three months because of the increase in peak demand.
Rupesh D Sankhe discusses the strong fundamentals in the power sector, with some companies facing stretched valuations. Opportunities exist in renewable energy sectors and ancillary companies like smart meter manufacturers and HVDC companies. Sankhe says: "With the kind of investment that is happening on the solar, wind side, companies like Suzon Energy, and Inox Wind will benefit from the RTC tenders as well as the wind auction which is happening.