SP Tulsian`s view on power space

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SP Tulsian`s view on power space

SP Tulsian, sptulsian.com shares his view on power space.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by SP Tulsian See what other Experts & Brokerages are saying about Adani Power See messages about Adani Power

SP Tulsian, sptulsian.com shares his view on power space.

Tulsian told CNBC-TV18, "I am positive for all the power producers, all the thermal power projects and I think that 90% of their problems will get resolved. If one see the results having posted by these companies for December quarter especially of the Adani Power inspite of the promoters having good hold on the international market in the coal trading, they have not been able to procure the coal."

He further added, "The whole problem in respect to these thermal power plant, I am not talking of the gas based power plant, they have already been struggling to have the fuel supply in place and if the coal, the fuel supply gets sorted out or is set in the place I don't think there is any other problem because they have everything, they have infrastructure in place, they have the managing capacity, they have the capacity additions happening at a frequent intervals so if you sort out this problem I don't see any reason for all the stocks and in fact given the situation one should be taking a positive call on the stocks like Adani Power, JSW Energy, Tata Power those who have gone for the huge capacity additions of ranging from 1,000 mw to maybe about 2,500 to 3,000 mw in this last six months or so."

"In power space I donn`t think that there is any problem except for the ramping-up. I don't think that logistics is really such a big issue. That can really get very well coped up or managed. The only problem remains that Coal India whether they can really ramp-up the production because ultimately one has to see because it will be huge allocation. As I said that 11th five year plan which is expiring on 31st March has seen huge capacity addition and practically everyone those who have added the capacity of about 8000-10000 MW in this last six months are starving for the coal. So whether the matching ramp-up can really be made by the Coal India has to be seen even by 31st March. That is only the critical issue but I don't think that there are any problems existing at the level of the power producers or even at the logistic end."