Which end of the power sector is going to see earnings growth?

economictimes.indiatimes.com:

Vinayak Chatterjee, The Infravision Foundation, says “Power generation, energy storage and construction companies that are well run are still attractive. People in the cables, insulators, smart meter businesses which supply goods and services to the electricity distribution market are worth careful scrutiny. In the power sector, in the next 5 to 8 years, India is going to see a rising trajectory of increasing power rates. All generating companies, whether in thermal or in renewables are actually going to see a long period of very attractive profitability. So power generation companies certainly would be my priority for today's discussion.”

Since there are so many ancillaries of the larger infrastructure story that you track, l Let me start off with power demand because in the last eight months have seen a very, very robust 8% kind of growth. With the kind of GDP figures and PMI figure coming in. do you expect the fiscal year energy demand to show double digit growth?
High single digit or double digit growth is well spoken for. Everybody who is tracking the power sector has figured out that some interesting dimensions are happening in the market. One, as you rightly said, the domestic consumption across all sectors is growing very, very favourably. Now added to that is the fact that there has been a conscious slowdown in the addition of fresh thermal capacity in the last few years, with the expectation that renewables would kind of fill the space.

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