Keeping the waste-to-energy part aside, what do you think of its lighting business as a whole? What are its growth prospects in CAGR terms, for next 3-4 years? You done a research on that Devesh ji!

Thanks Devesh for your update , it clears some doubts but few still lingers.

I think scalability is an issue here. Whether they would be able to achieve the resultsby first  scaling up to 25 MT and then later to 450 MT is important. If they are able to put up a commercial scale plant of 450 MT , it would be stupendous. Key thing would be to watch for this scalability of technology.

A Typical diesel power generating plant of 1 MW would require approximately 250 litres of fuel  per hour per megawatt of generation translating in to requirement of5000 litres ( 5 MT ) per day i.e 5 MT capacity conversion plant will sustain 1 power plant of 1 MW capacity.  Hence the figure of  800MW still appears very curious for me as also the revenue figures  of  5 to 6 crores per MW.  This figure is typically the capital cost for constructing a power plant  while what we are  dealing here is fuel cost.

This new devlopment from plastic to hydrocarbon/energy product was doing round the corner past one year but I never dared to enter even at 250 level , because an analyst -freind of mine told me that wait for if thses development come true and if proven then it may be another Infosys after long time but sure to be and then buy even if you have to buy at 1000+ level,never mind it. The true time have arrived ,I feel so and that is the reason Mr.Manekar already there and keep on adding.Going to be a biggest winner on bourses soon.Thanks.