The prospects of the Wind Energy sector took a U-turn in Jan 2023 when the Government implemented a significant reform in the auction regulations, discontinuing the inefficient practice of reverse bidding for wind energy projects. Alongside this, they introduced a formal process to ensure balanced capacity additions for wind-based power generation across all eight windy states in the country.
These measures have changed the sector's prospects in a significant way and offer an excellent opportunity to look for any attractive stock.
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