Moody’s & ICRA: Stable outlook for Indian power sector over the next 12-18 months

Moody’s Investors Service and its Indian affiliate, ICRA Limited, say that their stable outlook for the power sector in India over the next 12-18 months, reflects their expectation of generally stable industry conditions and government policy initiatives, which will likely lead to improvements in the financial position of state-owned electricity distribution companies.

Published in Moody’s Global Credit Research, 18th December, 2017–PR_377168