Speaking to CNBC-TV18 on the fertilizer company‘s Q2 results, Atanu Chakraborty, managing director, Gujarat State Fertilizers & Chemicals says while the company had hedged against the fall, it did come at a heavy price.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about market trades in the power sector and oil and gas space. Watch out for his picks!
Speaking to CNBC-TV18 from the boardroom, Sushil Maroo, director -- finance of JSPL says that he expects merchant power rate to stabilise at Rs 4-4.25 per unit going ahead. "But it won't benefit us much and is a temporary phenomenon," he says.
Diminishing supply of gas and coal are putting pressure on power companies to cut back production. CNBC-TV18 catches up with the chief financial officer of GVK Power & Infrastructure, Isaac George, to get an insight to the situation and the way forward for his company.
Speaking to CNBC-TV18, A Balyan, CEO and managing director of Petronet LNG, said that the company has to do further more detailing on the finer parts of the agreement but both companies have agreed to sit together and examine to work on long-term supply to India.
Isaac George, CFO of GVK Power & Infrastructure says the quarterly earnings from the power sector slipped because Reliance has reduced gas supply. The company is operating at 75% of plant load factors (PLFs) as against 90% for the same period last year.