Power Grid Corporation of India

Reg:Power Grid

Posted by : getadvantage
Price when posted : BSE: Rs 61.25 ( -3.24 % ), NSE: Rs. 63.80 ( 0.79 % )

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Market has been on heavy selling. Since most of us are not expert in bottom fishing, I would say allocate 20-30% of your free cash at this juncture into the market. And invest in the similar manner at every fall.
Powergrid is a sure buy as the long term trend for this stock is high.
Caution: Pls don`t buy in next few months when the market is goin up. Buy when there is huge selling happening. Be patient, i think you will get good returns in one year....

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Reg:Power Grid

Posted by : Guest

Is this a right time to buy Power Grid?
Can any one suggest me?

Reg:Power Grid

Posted by : Guest
Price when posted : BSE: Rs 63.40 ( 0.16 % ), NSE: Rs. 62.10 ( -1.90 % )

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Is this a right time to buy Power Grid?
Can any one suggest me?...

Fair price

Posted by : kumar'stock.com
Price when posted : BSE: Rs 58.60 ( -6.69 % ), NSE: Rs. 58.00 ( -7.72 % )

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no wonder if POWERGRID regular trades below IPO price. its fair valuation is somewhere between 28 and 35. REC is a recent example of PSUs.. ...

Posted by : anitasingla1
Price when posted : BSE: Rs 62.80 ( -13.08 % ), NSE: Rs. 62.85 ( -12.95 % )

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If a govt. share goes below IPO price ,its shameful for the management,...

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Posted by : vanji

This share can go below 55 at the time You have avg. the share. This can give good return in 1 or 2 year.

Posted by : vanji
Price when posted : BSE: Rs 62.80 ( -13.08 % ), NSE: Rs. 62.85 ( -12.95 % )

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This share can go below 55 at the time You have avg. the share. This can give good return in 1 or 2 year....

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Posted by : S.A.P

I have 100 shares of power grid @ 108.i can remain invested for 1 year.should i hold or sell or avg. it out?
sagar patil,
investor,
mumbai

Posted by : S.A.P
Price when posted : BSE: Rs 75.85 ( -5.31 % ), NSE: Rs. 75.90 ( -5.48 % )

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I have 100 shares of power grid @ 108.i can remain invested for 1 year.should i hold or sell or avg. it out?
sagar patil,
investor,
mumbai...

$500 mn World Bank loan for India`s Power Grid Corporation

Posted by : latikav

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WASHINGTON: The World Bank has approved a $400 million loan to the Power Grid Corporation of India, designed to increase reliable power exchange b

etween regions and states. Power Grid is the world`s third largest transmission utility.

The loan, from the International Bank for Reconstruction and Development (IBRD), approved Tuesday is backed by a Republic of India guarantee, the Bank said. It has a 30 year maturity which includes a four-year grace period.

The additional financing to the Fourth Power System Development Project (PSDP IV), which was approved by the World Bank on March 18 this year, will finance the completion of selected transmission schemes intended to expand transmission system and capacity.

"The power sector has improved significantly in recent years, but demand for electricity continues to outstrip supply," said Julia Fraser, World Bank senior financial analyst.

"This project will help the government achieve its goal of expanding power generation capacity to more than 200 gigawatts (200,000 megawatts) by 2012 through enhancing the country`s power transmission capacity and enabling power to be transmitted across regions and states. It will also help reduce transmission losses and, subsequently, cut the cost of energy."

The World Bank has been actively involved in the reform and development of the transmission sector in India, and specifically in the creation and strengthening of the Power Grid Corporation of India, the Bank said.

This is the fifth direct loan the Bank has made to Power Grid since 1993. During this period, the company has nearly tripled its transmission network, its assets have grown more than ten-fold to $8.9 billion, and revenues have increased more than eight times to $1.3 billion. Today, Power Grid is the world`s third largest transmission utility.

Despite a fast growing economy, India`s growth potential is constrained by inadequate electricity services and limited power generation and transmission infrastructure, the Bank said. Over forty percent of the population is without electricity, and the cost of erratic and insufficient power supply is high for industry as well as households.

ET.......