ICRA’s Sabyasachi Majumdar on what power sector can expect from Budget
“There was a lot of demand, particularly from the north and west side of the domestic market and that resulted in a very high teen percentage growth. But in the second and third quarter, demand growth still has been satisfactory but not in the same proportion. So based on that, we would expect the overall demand growth to be between 8% and 9% for the current financial year.”
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