Parag Thakkar of HDFC Securities told CNBC-TV18, "We are recommending Suzlon Energy. We feel that the one big theme which you cannot afford to miss in this government regime is infrastructure and within infrastructure roads, renewable energy and power theme. You have a discom revival coming in. Government is doing whatever it can to promote wind and solar energy.""Suzlon, being a very large player with 3700 megawatt capacity, it will do just 1000 megawatts this year and it will breakeven at that point. The most interesting part in Suzlon is that they earn these O&M charges which is close to around Rs 1600 crore annually which is a annuity cash flow and against that there was a same amount of interest cost till last year. Now the interest cost is half. So, the breakeven comes even closer. They are now getting market share because they have got enough working capital. So, Suzlon remains a good buy at this point in time. Overall, this space looks very interesting," he said.
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