India’s Power Sector Set For Multi-Vector Capex Boom: Citi

India’s power sector is entering a multi-vector capital expenditure upcycle, according to Citi Research. The investment surge is expected to span across transmission, renewable energy, grid modernization, and storage solutions, positioning the sector as a key driver of India’s infrastructure and economic growth over the next decade.  

The report highlights how diverse investment streams will reshape the country’s energy landscape.  

Capex Cycle Highlights  

• India’s power sector entering multi-vector capex upcycle  
• Focus on transmission, renewables, storage, and smart grids  
• Expected to boost jobs and domestic manufacturing  
• Policy support key to successful execution  
  
  

Sources: Economic Times, Business Standard, Mint, Reuters