For years, I have been seeking a stock I can retire on. My search is over in Adani Transmission.
It combines the security of a fixed deposit (assured returns) with the excitement of growth (higher incentives). These are some reasons that make Adani a go-to stock in troubled times.
One, the company is the Power Grid of India’s private sector power transmission entity, having achieved its 2020 capacity target three years ahead of schedule.
Two, the returns on the assets —power transmission lines from one point to another — have been secured through long-term annuity revenue contracts
It combines the security of a fixed deposit (assured returns) with the excitement of growth (higher incentives). These are some reasons that make Adani a go-to stock in troubled times.
One, the company is the Power Grid of India’s private sector power transmission entity, having achieved its 2020 capacity target three years ahead of schedule.
Two, the returns on the assets —power transmission lines from one point to another — have been secured through long-term annuity revenue contracts