Business Standard

Covid-19 outbreak: For big electrical players, lockdown only a blip

Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.

power, electricity, thermal, plant
Premium

Shreya Jai New Delhi
Power infrastructure companies, which range from large firms making transmission-and-distribution equipment to outfits turning out smaller items, could be looking at two different scenarios after the Covid-induced lockdown.
 
While bigger players are considering the current slowdown a blip, equipment makers, which form a significant portion in the supply chain and are mostly small and medium enterprises, are staring at a bleak future.
 
Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.
 
“The liquidity issue which was already there with power distribution companies (discoms) has aggravated now. Our working capital

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in