Monday 6 August 2007

Energy - Power Transmission & Equipment sector

Power sector reforms were initiated in 1991 in India. Electricity Act 2003 was a major step that solved major underlying problems. Now, the sector is in growth phase with many projects in anvil as part infrastructure creation. Transmission & Equipment sector acts as a sandwich provider between the energy producer and the end consumer. The sector has only a bunch of players. Alstom Projects, Kalpataru and KEC International are best picks in this power playing sector. KEC International is also implementing projects in Middle East outside India.