Hi Chintan, Assem and other contributors,
Excellent work done. I have few questions –
–> Are the profit margins in this business so low? Only 16%? Till I know this business is very lucrative.
–> There is one company – EIL which is an elephant in EPc works. It ranks no.1 in entire Asia (till I know). It has started entering into solar plants. It provides EPC services as well as owns solar parks like Ujaas does. Being Govt entity, I feel it will have an added advantage over other market players. It has more than 16 patents in its name, good past track record and good govt. backing.
–> This business can be a multibagger..But implementation of REC/RPO, net metering, solar cells manufacturing and only EPC service outsourced by clients going for more than 10MW projects – are issues which need to be taken care of.
–> Who are the competitors of Ujaas?
Disc: Not invested. New to solar business. So please pardon me for any mistakes. Want to have more clarity on this business and its future course.
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