Tecpro Systems has an order book that can last it for more than a year hence the company is concentrating on completion of these projects.
Coal India eyes a production target of 482 million tonne for FY14 and the coal off take target of 492 million tonne, which it is confident of achieving by the end of the year, says CMD S Narsing Rao.
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.
According to NTPC's Arup Roy Choudhury, their coal imports are progressing on track. The company's FY14 capex plans stand at Rs 20,200 crore, he adds.
In an interview to CNBC-TV18, Sanjeev Prithani, Joint MD, Brahmaputra Infrastructure said that the company hopes to get 10-15% margin from Rs 5300 crore-NTPC order.
NTPC will sign the fuel supply agreement with Coal India ending a long drawn battle on Friday after Coal India‘s board clears the agreement says NTPC chairman Arup Roy Chowdhury.
Salil Garg of India Ratings said, “Only on those power generators or those new Independent Power Producers (IPPs) who are not operating on the cost plus model and those who have either bid on a fixed price basis and they are unable to pass through the increased cost of the imported coal back to the consumers, will be impacted by this decision.â€
Speaking to CNBC-TV18 about its differences with Coal India, NTPC CMD Arup Roy Choudhury said the company is not sure if the coal giant has the ability to meet the power sector's growing demand.
S Narsing Rao, CMD of Coal India, is optimistic that issues with NTPC on the quality of coal can be sorted out.
State run NTPC seems to have ironed out issues with Coal India (CIL) over clauses laid out in the new fuel supply agreement (FSA). Despite NTPC stating that it will finally sign agreement with CIL, there is still no clarity on whether changes have been incorporated in the agreement.
SP Tulsian of sptulsian.com, says that NTPC OFS has been a successful issue. However, it is interesting to note that till 3.15 pm OFS had received close to about 95 crore shares and inlast 15 minutes 40 crore odd shares were sold at an indicative price of Rs 146-146.50.
"Power stocks are underperforming due to routine profit booking," says Harshavardhan Dole, analyst, IIFL in an interview to CNBC-TV18. Dole expects the power sector to perform well over the 6-12 months, as the sector heads into recovery.
Praveen Sood, Group CFO, Hindustan Construction Company (HCC), says that the company has put special thrust on managing the working capital and this quarter has been good as far as working capital is concerned, as there is no further pressure on the working capital.
Narsing Rao, chairman of Coal India said, in an interview with CNBC-TV18 that meeting the offtake targets for the year would be a bigger challenge than achieving production goals
Dhirendra Tiwari, research head, Antique Institutional Equities, says that right now NTPC is seeing more of a technical climb down and the stock will perform once the issue is over. The growth story of the company still remains intact.