TWO POWER FINANCE STOCKS THAT CAN BENEFIT FROM NUCLEAR POWER EXPANSION

While the government has opened the nuclear sector to private players, the biggest concern is getting loans to start the projects. State-owned non-banking financing companies –

and – can address this concern by lending for nuclear projects and building confidence for banks and private lenders. The capital cost of these projects is expected to remain high at over Rs 15 billion per MW, necessitating investments of over Rs 250,00 billion over the next five to seven years. If these two lenders come in nuclear sector, it will build confidence for the other lenders in the private sector or banks.