Key Highlights

FY 2014 was one of the worst years for power sector in terms of order book and execution. There were hardly any orders in H1 FY'14 and H2 FY'14 the company won some orders under tough market environment. So order book position is around Rs 5500 crore was slightly lower on YoY basis.

Of the total order book position, around 10% are lean orders having thin margin, while rest are having strong margins.

Management expects orders to pick up from Sep'14 onwards in the power sector.

The company is confident that GE was the best suited company to take over Alstom. With this, all the Thermal, Hydro, Nuclear and Grid Management business gets transferred to GE.

The company has all the necessary technology of automation of Grid Management which as per the management will drive the spending in the next 5 year plan in power sector.

The entire business of automation and system management will be undertaken from the Indian plant of operations. As per the management, GE has big plans for Indian company and further updates will be revealed to the shareholders upon GE taking full charge and control of operations.