These days everybody and his uncle is in renewable energy. From NTPC, to SJVN, every PSU whether its original mandate was thermal or hydro, is into renewable.
Renewable energy generally means solar, till hydrogen comes in a big way, as wind energy has rather floundered in this country.
So, though we may be power deficit, isn’t the solar market getting rather crowded?
According to technavio https://www.technavio.com/report/solar-power-market-industry-in-india-analysis,
this is the shape of the solar energy market in the near future:
As per this site, “The solar power market share in India is expected to increase by USD 240.42 billion from 2021 to 2026, at a CAGR of 35.24%.”
Unfortunately, Tata Power share seems to be hibernating.
The views expressed by technevio however assure us that patience may pay, and pay well.
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