Disbursements by power-focused infrastructure companies are expected to surpass Rs 2.9 trillion in 2023-24 (April-March), aided by substantial capital expenditure in the power sector and improving balance sheets, CareEdge Ratings said in a report. Disbursements were at Rs 2 trillion in 2022-23.
This growth in disbursements is likely to enable such infrastructure finance companies to continue gaining market share from traditional banks. The companies include Power Finance Corporation, Rural Electrification Corporation and Indian Renewable Energy Development Agency.
