Will suggest you to ask some questions?
BESS/Green hydrogen – who is doing CAPEX ? is it Gensol – yes ? Do EPC companies do CAPEX? EPC companies are asset light.
What is the IRR they are making. If it is less than 12%, what’s the difference between any POwer generating company and Gensol?
Is Cab leasing CAPEX business ? Yes?
Is Car manufacturing CAPEX ? yes ?
what EV/EBITDA multiple you want to give to gensol? Is Car leasing 20% ROE business?
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