As long as governments are running deficits by giving freebies to electorate, the future of psu power nbfcs is secured . Power being a sensitive subject, they cant rise prices and hence they should keep taking more loans from power nbfcs. Now with the new trend of free power schemes , power finance psus need is even more…. If discipline comes in governments , and if they start acting rationally, then invits shall grab all these stable return assets and growth of power nbfcs shall be effected… Govts inefficiency is the moat for these power psu nbfcs….
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