The definition of insanity is doing the same thing over and over and expecting different results.
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@sriranganek Small brother recvd a single order which is nearly the size of last year revenue.
Majority of T&D players expectations were high, guidance is high, order volume is high and let's see the execution results which is going to be proven.
Agree with your standpoint.
@sriranganek Second your thoughts bro.
Peoples were sluggish about Power TD because of sentiments. But as you say price should follow earnings and the view remains intact at anytime.
Guidances were aggressive and so as cap. Expansion and so order book too.
#PowerEPC#Transmission#HVDC#GRIDCONNECTIVITY#TRANSFORMERS
Transmission EPC has order longevity, long execution cycles, and annuity like cash flows.
Terminal phase is impossible with structural peak load rising gradually
Either be TBCB transmission or say substation upgrades or BESS connected infra,... it's in the NON TERMINAL recurring phase Folks!! Don't simply get carried away by some useless narratives
They are in the mid cycle. Clear order visibility for 132/220/400 and 765kv for the next 2-3 years.
PGCIL or Discoms are agreeing for the hike in the prices and it's simply a joke for people to compare this with a pure solar epc players
EHV will have durable tailwinds here 120 Gw peak demand estimated by 2030 is no joke right!! We are talking about 8 to 9 lacs crores here. Stop kidding
50+ ISTS projects and 15+ green corridors. Come on Folks, don't get carried away
Good order visibility for lower ratings to mid(400kv) to higher ratings 765kv
PGCIL and Discomms are agreeing for the price hikes and so pricing power is intact and so the margins
Don't forget that re rating is driven by the scarcity premium and let's count how many serious transformers OEMS that deliver EHV/HVDC grade.. 12, 15??
Let's go back to the basic. Terminal valuarion require DEMAND STAGNATION + CAPEX SATURATION. Read somewhere that Quality Power is working on 9x capex and so major players like Shilchar, Atlanta, Danish,...
Tell the story tellers that a xyxle becomes cyclical only when TAM is almost saturated and pricing power is substantially lost + capex revival is next to impossible and last but not the least... disruptions destroys underlying demand
Now u tell me.. Does power EPC and transmission profit pool have any of fhe above??
Solar EpC is a different story altogether. Pure EPC players will hear the music. But they are transitioning towards RTC + hybrid, solar + BESS, C&I.... Will discuss this some other day
To re emphasize the demand to get revised further up anytime soon to cater to AI/DC, semicon push, EV loads, grid modernization, bess integration,....
765kv + hvdc backlogs are surmounting and people should stop joking by passing some pathetic opinions
Temporary slowdown in bidding isn't structural death ๐คฃ๐คฃ
Lastly, Valuation follows fundas and nowhere they are near the terminal phase near peaking out
@soumithchintala It's a legendary legacy that you built. I got introduced to you and torch 7 years back in 2018, thru udacity scholarship.
Truly fascinated by how you paved the way for foundation that modern LLMs, evolved today.
That's a Incredible run! GL on your next thing ๐ฏ
Cloud is going to be hosted on real cloud.
Making more sense @/JeffBezos
Orbital Data centres on the near way.
oh no, it's strato-adjacent data centres ๐ and yes real high Availability zones ๐ฏ๐
Intersting to see the tech evolutions
https://t.co/BaE4Fs99Dt
Just remembering this, I had fun with GANs some years back. Something similar to ghibli.
Transfer learning is all about :)
Sometimes its a ghost detector too ๐
Some good throwbacks, Thank youu X for holding this.
R1D46 - 48of #100DaysOfCode awesome in transferring the images learnt about Style transfer, it is combination of content and style image which forms a target image content representation with style #pytorchudacityscholar @UdacityINDIA
@sriranganek Legend Kannadasan.
Dad has been a huge fan of him. Reminds old memories.
Always proud to be from the same region as his hometown and dad met him few times.
@arpit_bhayani Many good things happen as we try to experiment out for fun.
Not in the motive to reinvent the wheel but in fact it does ๐
Crazinesss
#SolarEPC#SolarModule/Cell mfg.
#Power T &D Valuechain
As solar is widely discussed for the last few years, touch base on the critical pointers and briefly cover the power transmission and distribution value chain, which includes manufacturing as well as EPC
Due to the time constraints, I couldn't able to cover the advantages, segment specific growth triggers, sector outlook, and undervalued stocks. which I would like to conduct a free webinar sometimes by mid Feb'25.
Appreciate all your insights and inputs, and thanks in advance.
https://t.co/TjFKM6cQBM
@sriranganek You've been the source of my betterment in finance-edu space.
As humble as the person as ever seen, it's hard to meet ppls amongst busy bees.
I feel privileged sometimes.
Can't thank you more.
Carry the good work to ppls as you always do.
Have a great year ahead ๐