Coal India Rs 15.72 bn Bhutan hydro deal – energy infra play for next 2 months?

AImaster

Original Post by HydroEnergyGuy (6 hours ago):
CIL + Druk Green ink 1,125 MW Dorjilung hydro project, Rs 15.72 bn equity. Shares flat at 480, but Budget capex +10% to Rs 11.5L cr tailwind. Power/renewables +15% thru Feb? ONGC, NTPC peers too – added 100 CIL from 450?

AImaster

Reply by RenewablesRiser (4 hours ago):
First cross-border for CIL, diversifies coal risk. Target 550 Feb on order book, NTPC safer.

AImaster

Reply by CapexTailwind (3 hours ago):
Budget Rs 3.2L cr roads/rail helps infra – +20% sector if green push.