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Power Grid Corporation of India
PowerGrid in Rs 7032 cr Sasan evacuation plan
Posted by :
latikavTracked by: 0 Boarder
NEW DELHI: Power Grid Corporation of India Ltd will invest Rs 7,032 crore over the next four years to establish transmission lines to supply power generated from the Sasan power plant to the electricity grid, the company said in an announcement to the Bombay Stock Exchange.
The government had awarded Reliance Power Ltd a contract to build an ultra mega power plant (UMPP) at Sasan in Maharashtra, with a capacity to generate 4,000 mw of electricity.
The transmission line will supply power to the states of Madhya Pradesh, Punjab, Delhi, Uttar Pradesh, Rajasthan, Haryana and Uttarakhand, company’s director (finance) J Sridharan told DNA Money.
“Whatever transmission lines we are laying will co-terminate along with the commissioning of the generation capacity,” Sridharan said.
The Sasan UMPP is expected to start commercial operations by the end of 2012.
Power Grid Corp has a plan to invest Rs 55,000 crore in establishing transmission lines during the 11th Five Year Plan ending March 2012.
“We had invested Rs 6,615 crore in the first year of the Plan, and have a target to invest Rs 8,000 crore in the current fiscal year,” Sridharan said, adding that almost 30% of the current year’s target has been achieved.
Most of the transmission projects planned by the Power Grid Corp have been approved by the company’s board, apart from a few including the third UMPP at Krishnapatnam in Andhra Pradesh.
India currently has an installed capacity to generate 145,000 mw of power. It plans to add capacity to generate another 78,577 mw of electricity in the current 11th Five Year Plan ending March 2012, and further 84,000 mw in the 12th Five Year Plan ending March 2017.
Considering the huge power generation capacity addition targets, the government proposed building nine coal-fired ultra mega power plants, each with the power generation capacity of 4,000 mw or above.
Each of the UMPPs is expected to entail an investment of about Rs 15,000 crore, and the electricity generated from such plants will likely cost about Rs 2 per unit.
The government has so far awarded the contract to build three such UMPPs on the basis of competitive bidding, with contracts for Sasan project in Madhya Pradesh and Krishnapatnam plant in Andhra Pradesh given to the Reliance Power Ltd.
Investments of up to Rs 1,40,000 crore are envisaged to increase the inter-regional transmission capacity to 3,71,000 mw by March 2012 from 1,55,000 mw now in order to create capacities for evacuating the power generated.
The state sector investments are pegged at Rs 69,000 crore out of this.
DNA.....
powergrid
Posted by :
aksssTracked by: 0 Boarder
What is future of powergrid? Should it averages? or hold for long term ?...
NSE Announcements on Power Grid Corp
Posted by : MMB MessengerTracked by: 0 Boarder
Power Grid Corporation Of India Limited has informed the Exchange that the POWERGRID Board of Directors in their meeting held on November 18, 2008 have accorded investment approval to the following projects: 1) Investment approval for "Transmission System associated with Sasan Ultra Mega Power Project(UMPP)" at an estimated cost of Rs. 7031.88 crore( 2nd quarter, 2008 price (level) with commissioning schedule of 48 months from the date of investment approval. 2) Investment approval for "System Strengthening in Northern region Grid for Karcham Wangtoo HEP" at an estimated cost of Rs. 328.97 crore (2nd quarter, 2008 price level) with commissioning schedule of 33 months from the date of investment approval. 3) Investment approval for "Transmission System associated with Farakka-III" at an estimated cost of Rs. 204.07 crore( 2nd quarter, 2008 price level) with commissioning schedule of 30 months from the date of investment approval....
BSE Announcements on Power Grid Corp
Posted by : MMB MessengerTracked by: 0 Boarder
Power Grid Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 18, 2008, has accorded investment approval to the following projects:
1. Investment approval for "Transmission System associated with Sasan Ultra Mega Power Project (UMPP)" at an estimated cost of Rs 7031.88 crore (2nd quarter, 2008 price level) with commissioning schedule of 48 months from the date of investment approval.
2. Investment approval for "System Strengthening in Northern Region Grid for Karcham Wangtoo HEP" at an estimated cost of Rs 328.97 crore (2nd quarter, 2008 price level) with commissioning schedule of 33 months from the date of investment approval.
3. Investment approval for "Transmission System associated with Farakka-III" at an estimated cost of Rs 204.07 crore (2nd quarter, 2008 price level) with commissioning schedule of 30 months from the date of investment approval....
Final dividend for 07-08 by Powergrid
Posted by :
mathiasTracked by: 0 Boarder
Powergrid had announced that on 18.8.08 the directors would be considering declaration of final dividend for 07-08. Kindly let me know whether final dividend was declared and if so, what was the quantum of the final dividend. Thanks. - Mathias (ID)...
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : GuestTracked by: 0 Boarder
Actually, the company is experiencing the effects of `global meltdown`. Some bad news may b in this counter, in near term. Even the `Hdfc Securities` has given a `sell` advice in this counter. One may re-enter at Rs 55-55 levels. Better strategy to avoid further money loss. Moneyexpert....
In reply to:
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : Stock_JS
Never follow to so called experts! Buy when everyone Sells and sell when everyone Buys. These guys are smart to make us fools! 
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : Stock_JSTracked by: 0 Boarder
Never follow to so called experts! Buy when everyone Sells and sell when everyone Buys. These guys are smart to make us fools!...
In reply to:
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : NODIK
just a trader
You have understood the the drama. They are actually selling when
they are saying `BUY`.
And now they are buying when, & SAYING U to sell.
I feel it is buy at every fall.. for medium to long term.
regds
nodi...k
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : NODIKTracked by: 0 Boarder
just a trader
You have understood the the drama. They are actually selling when
they are saying `BUY`.
And now they are buying when, & SAYING U to sell.
I feel it is buy at every fall.. for medium to long term.
regds
nodi...k ...
In reply to:
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : just a trader
When is market down, all the expert is saying everything looks weak and teling do not buy.only telling sell sell and book loss.when market is going up all the experts apearing and telling now have good time buy equty and this stock good, this stock not good.i want to know from this type expert, why did not advice when market is toomuch down.
Should one invest in pgc at thz levels?
Posted by : Abhay JadhavTracked by: 0 Boarder
Good suggestion Amit. ...
In reply to:
Should one invest in pgc at thz levels?
Posted by : amit.kumar1981
Hi Pravesh,
This is the most tough time for small investors. This company has a very good prospect but not in short term, but only in long terms. If U r watching this schip then you must have seen that it is trading in a range of 65-78 , 78-90. You can invest in this scrip around 60-65 as it doesn`t go below 52. If u need money then u can sell some of ur stock when market goes 15-25% Up and again buy it at lower levels when the market corrected. This is what i do and cut some of my losses.
But take ur decision at your own and not on saying of others.
Thanks. N Best of Luck.
Should one invest in pgc at thz levels?
Posted by : cckTracked by: 0 Boarder
exit the stock if falls below 73.00. Reenter at 52 to 55
...
In reply to:
Should one invest in pgc at thz levels?
Posted by : praveshagarwal
i hold 100 shares @112per share should i invest at these levels or wait for more lower levels?
what is the future of these stock?
Should one invest in pgc at thz levels?
Posted by : amit.kumar1981Tracked by: 0 Boarder
Hi Pravesh,
This is the most tough time for small investors. This company has a very good prospect but not in short term, but only in long terms. If U r watching this schip then you must have seen that it is trading in a range of 65-78 , 78-90. You can invest in this scrip around 60-65 as it doesn`t go below 52. If u need money then u can sell some of ur stock when market goes 15-25% Up and again buy it at lower levels when the market corrected. This is what i do and cut some of my losses.
But take ur decision at your own and not on saying of others.
Thanks. N Best of Luck....
In reply to:
Should one invest in pgc at thz levels?
Posted by : praveshagarwal
i hold 100 shares @112per share should i invest at these levels or wait for more lower levels?
what is the future of these stock?
Should one invest in pgc at thz levels?
Posted by : praveshagarwalTracked by: 0 Boarder
i hold 100 shares @112per share should i invest at these levels or wait for more lower levels?
what is the future of these stock?...
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : just a traderTracked by: 0 Boarder
When is market down, all the expert is saying everything looks weak and teling do not buy.only telling sell sell and book loss.when market is going up all the experts apearing and telling now have good time buy equty and this stock good, this stock not good.i want to know from this type expert, why did not advice when market is toomuch down. ...
In reply to:
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : MMB Messenger
Technical Analyst, Vijay Bhambwani is of the view that Power Grid has resistance at Rs 90-95. In 2-2.5 years the stock has the potential to kind of double or a rally even more from the current levels provided the market situation is significantly better from here of which there is a fair bit of probability it will be.
Power Grid has resistance at Rs 90-95: Bhambwani
Posted by : MMB MessengerTracked by: 0 Boarder
Technical Analyst, Vijay Bhambwani is of the view that Power Grid has resistance at Rs 90-95. In 2-2.5 years the stock has the potential to kind of double or a rally even more from the current levels provided the market situation is significantly better from here of which there is a fair bit of probability it will be....
Dividend
Posted by : souravkunduTracked by: 1 Boarder
Hi veenu_55,
It was credited via ECS.
The dividend was 7 paise for each share, so you would be getting Rs 7 for your 100 shares....
In reply to:
Dividend
Posted by : veenu_55
I also not yet received the dividend. Is it paid by ECS or by cheque ? I am holding 100 shares. So how much dividend I should get ? and to whom should I contact for enquiry ?
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