India’s energy demand growth: Stocks benefiting the most
India’s Rising Energy Demand
– India’s energy demand is set to double by 2040.
– Urbanization, industrialization, and electrification are key drivers.
Reliance Industries
– Focus: Oil refining, petrochemicals, and renewable energy projects.
– Why It’s Benefiting: Investments in green hydrogen and solar energy.
NTPC Limited
– Focus: Thermal, hydro, and solar power generation.
– Why It’s Benefiting: Aggressive expansion in renewable energy capacity.
Tata Power
– Focus: Solar projects, EV charging stations, and wind energy.
– Why It’s Benefiting: Strong government support for green energy initiatives.
Indian Oil Corporation
– Focus: Oil refining, LNG, and biofuels.
– Why It’s Benefiting: Diversification into renewable energy and hydrogen fuel.