Alpha Ideas 20-20 | Why Stalwart Advisors’ Jatin Khemani Bets On GE Power
GE Power is an obvious beneficiary of the incremental thrust to curb pollution, says Jatin Khemani.
A scope of “healthy earnings” in the power space due to a change in emission norms—a Rs 1.5-lakh-crore business opportunity—makes GE Power India Ltd. a potential candidate for re-rating, according to Stalwart Advisors’ Jatin Khemani.
GE Power, a one-stop shop for air control quality system, is an obvious beneficiary of the incremental thrust to curb pollution, the founder and chief executive officer of the equity research firm said on the sidelines of the Alpha Ideas 20-20 event in Mumbai. The deadline to meet the revised emission norms ends in December 2022.
“Plant modernisation, renewable back-ups and servicing are some of the other opportunities for the 80-year-old company, which contributes more than 28 percent to power produced globally,” he said.
Key Risks
- Delay in enforcement of emission norms
- Trouble at parent level, any merger and acquisition
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