Speaking to CNBC-TV18 on his outlook for the sector, K Ravi Kumar, ex chairman, Bharat Heavy Electricals Limited (BHEL) says the export space is more lucrative for companies than Indian markets as there is more demand for gas turbines, heat recovery steam generators, etc.
Despite coal shortage issue last year BHEL garnered around almost 8000-8500 megawatts of orders. This year too it should be able to garner around 6000 MW, largely lead by central and state government utilities, says Amol Rao of Anand Rathi.
Speaking to CNBC-TV18, Vinayak Chatterjee, chairman, Feedback Infra says most of the CCI announcements were largely focused on the power sector and the government is moving in the right direction.
Amol Rao of Anand Rathi Institutional Research told CNBC-TV18 that BHEL still stands a very good chance of wining a significant portion of available power projects. However, he expects BHEL stock to remain under pressure despite order wins.
Capital goods companies needs to focus on export post rupee fall especially when demand in domestic market is abysmally low due to sullen economic enviornment, says K Ravi Kumar, Former BHEL Chairman
K Ravi Kumar, Independent Director of Reliance Infra told CNBC-TV18 regulatory bodies like the Central Electricity Regulatory Commission (CERC) should be free to fix tariffs.
MF Farooqui, secretary, ministry of heavy industries and public enterprises, says that in the long run, BHEL also needs to identify what possibilities exist for them to diversify.
In an interview to CNBC-TV18, MS Unnikrishnan, managing director, Thermax, gives his expectations for the company's performance.
BG Raghupathy, CMD, BGR Energy explains to CNBC-TV18 that a high order book as compared to last year has helped the power company navigate the economic slowdown, reduction in PSU orders thanks to coal-allocation and land acquisition problems, damage caused by Chinese imports and drying up of offers from the private-sector.
MS Unnikrishnan, MD, Thermax, says that the company‘s exposure to the power sector in a good year is 25-27%. He also says that the power sector is not in good shape nor the situation is likely to improve in the near term.
Ravi Uppal, President, L& T Power, says that a 10% differential duty would have been more appropriate step taken by the cabinet.
Ashok Kumar Khurana from the Association of Power Producers tells CNBC-TV18 that the government should aim to keep power costs low so that it is affordable for everyone.
Union heavy industries minister Praful Patel is batting for the auto manufacturers on the diesel duty proposal.
Chairman and managing director of BGR Energy, BG Raghupathy tells CNBC-TV18 that they are likely to submit bids for NTPC's order of 11 boiler tenders by the end of February.