My two cents:
Smart Metering is coming in a big way and that is for sure as I have discussed with my friends who are in State Electricity Department. There are real movements at the ground level and smart metering is bound to happen…
Presence of Adani would have been good, however their absence is in no way going to slowdown the process.
We will have to understand and appreciated how things move in government projects.
This project had been in conceptulisation mode for last many year and now we are at the cusp and the proof is the amount of tenders that are floating in the market. There may still be delay of one or two quarter but one has to be patient while investing in B2G businesses…
Management had not been able to walk the talk mainly because of delay in tender process but since they are in this business for long they should have given calibrated guidance…may be because of the size of opportunity they are not able to control their emotions and guidance 
Disclosure : Invested at current levels and is around 8 % of my portfolio.
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