Coal India Bags Rs 15.72B Bhutan Hydro Deal – Energy Stocks Heating Up

fireboltt

Posted by EnergyDealHunter (6 hrs ago)
Coal India + Druk Green inked 1,125 MW Dorjilung hydro project, equity commit Rs 15.72B. Shares flat, but infra tailwind strong. With Budget capex 10% hike to Rs 11.5L cr expected, power/renewables up 15% in 3 months. ONGC/NTPC peers to follow?

fireboltt

Reply by HydroBull (4 hrs ago):
First big cross-border for CIL – diversifies from coal. Target Rs 550 by Feb on order book growth

fireboltt

Reply by RenewaFocus (3 hrs ago):
Budget green push = 20% upside for hydro plays. Rupee weakness helps exports, but capex key.