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ICICI Securities Report
CY20 was an eventful year for power sector, which made a better-than-expected comeback in the second half after the difficulties faced during Q1 FY21 due to the outbreak of Covid-19 pandemic.
But we expect CY21 to be an operationally and financially stronger year for the entire sector, with many pending/on-going concerns likely to be addressed soon.
CY21 is also expected to be a highly eventful year, particularly on the generation and distribution front, while transmission space may spring a surprise with few large-sized opportunities.
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