Sabyasachi Majumdar of CARE Ratings anticipates that there will be ample electricity available from various sources. The distribution companies’ cooperation is crucial. Despite high costs, gas-based generation remains open for the peak season. Short-term tariffs are expected to stay elevated for now, driven by the robust PLFs and an election-year dynamics.
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As we look towards the next Diwali, the outlook for Indian markets remains largely positive, despite recent volatility sparked by geopolitical tensions. Sensex and Nifty