In an interview to CNBC-TV18, MS Unnikrishnan, the managing director of Thermax talks about the latest developments happening in his company and sector.
Below is an edited transcript. Watch the accompanying videos for more.
Q: We now understand that there could be a 19% duty on import of power generation equipment as compared to the 14% that was recommended earlier. Take us through this hike which is now recommended and the plausibility of it actually coming through?