Mumbai, June 23 -- The power sector outlook in the country remains strong due to high electricity demand, continued policy support and a sustained capital expenditure cycle across generation and transmission infrastructure, highlighted a report by HDFC Securities.

According to the brokerage, the sector continues to benefit from resilient power demand despite concerns around the phased impact of El Nino. It said the strong demand environment is expected to support higher electricity generation, better realisations and improved financial performance for power generation companies.

The report highlighted that the rapid expansion of power infrastructure, commissioning of transmission assets and capacity additions across renewable energy, th...