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Public Sector Companies to Utilize their Improved Cash Flows for Future Infrastructure Development

News

State-run firms are set to boost economic activity by placing big infrastructure orders after having succeeded in improving their cash flows. 

Source – ET

SNP Insights:

Many PSU companies like PGCIL, NTPC and the Oil Marketing Companies have witnessed improved cash flows in 2014-2015 by improving efficiency and lowering their operating cost. These companies are planning to invest vigorously in large scale infrastructure projects pertaining to their sector. This seems to bring positive impact on the infrastructural growth of the country in the near future opening a wide array of opportunity for the EPC players, contractors and manufacturers.

Source – SNP Infra Research