Health of power sector depends on how restructuring package is executed: NTPC chief
Mumbai. The chairman and managing director of India’s largest power generator, NTPC, can't fathom why his company’s stock trades so cheap. The company’s best placed in the entire sector as it is largely insulated from the issues faced by other power producers. Yet, the market is not impressed. The market is concerned about adverse regulations (tariffs), which are due to change from 2014. So to mitigate these fears, the company’s chairman and managing director Arun Roy Choudhury is busy reaching out to investors, giving them details on the availability of coal, plant availability factor and spare cash available with the company. Just before an investor conference in Mumbai, Choudhury addressed most of the concerns that investors have raised over the last few quarters.. Business Standard
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