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Policy▲ Bullish for Indian equities
GEC-III offers growth opportunities, but execution rests on state utilities
The brief
- The ₹1.86 trillion GEC-III scheme could benefit transmission, renewable energy and battery firms
- Implementation depends on state utilities
- Execution could create opportunities for Indian power-transmission, renewable-energy and battery companies
- Akhilesh Pathak assumes charge as Director (Projects) POWERGRID
- GSPL Transmission Share Price
- PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia
- Multibagger power stock Transformers & Rectifiers share price jumps 10% after PM-DHARA push - Can the rally continue?
- Power stocks fall despite ₹1.86 lakh crore PM-DHARA scheme: Tata Power, Adani Power, NTPC, Power Grid in focus
Green Energy Corridor III
The Cabinet approved the ₹1.86 lakh crore GEC-III scheme to develop transmission systems and battery storage, enabling evacuation of up to 135 GW of renewable energy. Reports say the scheme could create opportunities for transmission, renewable energy and battery firms.
Thursday, 1 October
- GEC-III offers growth opportunities, but execution rests on state utilities