The report underscores a positive trajectory for the power sector, road infrastructure, manufacturing, industrial activities, and banking.
In the power sector, persistent heat waves have led to a surge in power demand, particularly in the Northern region. To address this, the Union government has urged power companies to import equipment worth USD 33 billion, aiming to add 31 GW of capacity over the next 5-6 years. Discussions are also underway to revise the National Electricity Plan to accommodate this increased demand.
This story is from the July 12, 2024 edition of The Business Guardian.
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This story is from the July 12, 2024 edition of The Business Guardian.
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