Search or Ask Iris
Ctrl+K
Welcome to Multibagg AI
Log in to access personalized features
Welcome to Multibagg AI
Log in to access personalized features
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
The Indian Power Infrastructure sector, particularly within renewable energy, is experiencing an unprecedented growth phase, driven by ambitious national targets, robust policy support, and rapidly improving economics of solar technology. India's non-fossil fuel capacity has already surpassed 250 GW and is aggressively targeting 500 GW by 2030, with solar energy poised to contribute over 280 GW to this goal. This translates into a multi-year growth opportunity across the entire solar value chain, encompassing project development, EPC (Engineering, Procurement, and Construction), module manufacturing, and the burgeoning energy storage segment.
The EPC services demand in the solar sector is projected to grow from Rs. 605 billion in FY2023 to Rs. 1,705 billion by FY2028, reflecting a robust 23% CAGR. Similarly, the O&M (Operations & Maintenance) market for solar is expected to expand from Rs. 16.8 billion in FY2023 to Rs. 73.0 billion by FY2030, also at a 23% CAGR. Battery Energy Storage Systems (BESS) are emerging as a critical growth area, with government targets of 200 GWh by 2030 and significant budgetary allocations under VGF schemes.
A NOTE FROM THE FOUNDER
Hey, I'm Aaditya, founder of Multibagg AI. If you enjoyed reading this article, you've only seen a small part of what's possible with Multibagg AI. Here's what you can do next:
Get answers from annual reports, concalls, and investor presentations
Find hidden gems early using AI-tagged companies
Connect your portfolio and understand what you really own
Follow important company updates, filings, deals, and news in one place
It's all about thinking better as an investor. Welcome to a smarter way of doing stock market research.
Unlock full access to this sectoral analysis and all premium content including in-depth insights, comprehensive data, and exclusive reports.
Upgrade
