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