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Reliance Power
Anil Ambani wants one more coal block in MP
Posted by :
latikavTracked by: 0 Boarder
NEW DELHI: Reliance Power, an Anil Dhirubhai Ambani Group (ADAG) company, has sought another coal block (Bijul) near its Sasan ultra mega power p
roject (UMPP) in Madhya Pradesh. The company is willing to invest about Rs 5,000 crore in the next four-five years to develop the block. The coal produced from Bijul would be used by group’s power plants.
In a letter to Prime Minister Manmohan Singh, ADAG chairman & CEO Anil Ambani said: “Our preliminary planning shows that we can start the mining operation from Bijul block as early as next 4-5 years, i.e., at least 7-8 years before the current expectation of production. It would also bring in much needed investment of over Rs 5,000 crore in coal sector.”
The block is under Coal India. Its subsidiary Northern Coalfields proposes to bring the block under production after 12th Plan. Reliance Power has asked for the block as it is not only joining its existing three coal blocks namely Moher, Moher-Amlohri extension and Chhatrasal in Singrauli coalfields, but its development in isolation is not possible by any other company. The Sasan UMPP has three captive coal blocks for Sasan UMPP in Madhya Pradesh. The government has recently allowed Reliance Power to use excess coal from the three captive blocks (having about 750 million tonne of reserve) to its proposed 4000-mw Chitrangi power project in the state.
The request for Bijul block came close on the heels of Reliance Power’s proposal to allot another coal block (Semaria) near Sasan UMPP. Semaria block also touches boundaries of its existing captive coal blocks allocated for Sasan UMPP.
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Accumulate reliance power....
Posted by :
BlackBerry-Tracked by: 2 Boarders
And wait for next 17 Years to see this script crossing 1000 mark only and only if this project every succeed...
In reply to:
Accumulate reliance power....
Posted by : marketman
Start buying this scrip for long term speculation.... 
Investment plan for market
Posted by :
kalp123Tracked by: 0 Boarder
According to me in this bad market, Please don`t sell our investment with making a loss but keep the our investment as it is, forget for 2 to 3 years and make a money. Don`t buy or sell if the any brokers has recommanded to buy or sell. Because if we buy or sell then and then only brokers are doing their business and for doing their business the brokers can do anything. According to see the status of global cues there is not any possibility for the world finance market to be stabilize and travel their journey to upword. Now a days the our market is totally depended on Global cues in their is not any affect of local cues. So This is the time to be safe for investment. ...
Accumulate reliance power....
Posted by : marketmanTracked by: 2 Boarders
Start buying this scrip for long term speculation.......
In reply to:
Accumulate reliance power....
Posted by : marketman
Start buying the stock during these panic falls.... the downwad rsik is just 125.... a long term good bet....
hold or sell Reliance power
Posted by : ABHALITracked by: 1 Boarder
should you have to hold reliance power for long term you will see 1000 per sher within two years....
In reply to:
hold or sell Reliance power
Posted by : mohan.blore1
should I hold or sell Reliance power??
Have 50 shares in IPO.
Reliance Power Nuclear
Posted by : badshah6323Tracked by: 1 Boarder
Is reliance power getting into nuclear energy ? who are the big ones getting into nuclear energy ?...
hold or sell Reliance power
Posted by : BlackBerry-Tracked by: 1 Boarder
Probably this is biggest Mistake ever made by such high profile company , any ways lets wait for next 17 Years so that Relaince power can run on the full capacity and with maximum capacity copmared to any other pwer company , Your see your Stock crossing 1000 rupee mark. Best is buy more and averge out your price you will see big fall in near future as per experts...
In reply to:
hold or sell Reliance power
Posted by : mohan.blore1
should I hold or sell Reliance power??
Have 50 shares in IPO.
hold or sell Reliance power
Posted by : BlackBerry-Tracked by: 1 Boarder
wait for next 17 years , It will grow and will cross 1000 mark...
In reply to:
hold or sell Reliance power
Posted by : maks
Why do you need to sell the earned money to Anil Bhai. Lets keep it make him understand how big mistake he has did in IPO and bonus.
hold or sell Reliance power
Posted by : maksTracked by: 1 Boarder
Why do you need to sell the earned money to Anil Bhai. Lets keep it make him understand how big mistake he has did in IPO and bonus....
In reply to:
hold or sell Reliance power
Posted by : mohan.blore1
should I hold or sell Reliance power??
Have 50 shares in IPO.
hold or sell Reliance power
Posted by : mohan.blore1Tracked by: 1 Boarder
should I hold or sell Reliance power??
Have 50 shares in IPO....
Accumulate reliance power....
Posted by : vkk43Tracked by: 2 Boarders
I concur with your views and in this weak market, this share at present market rate should b avoided....
In reply to:
Accumulate reliance power....
Posted by : sayaba
By the way, fundamentals of this company are negligible. But, present share price is hovering around 150+ only because of the name of Reliance which is quite high only for Reliance name. The actual price of RPower for Reliance name is around Rs 60/- till its projects starts going on for producing power. Thanks.
Accumulate reliance power....
Posted by : sayabaTracked by: 2 Boarders
By the way, fundamentals of this company are negligible. But, present share price is hovering around 150+ only because of the name of Reliance which is quite high only for Reliance name. The actual price of RPower for Reliance name is around Rs 60/- till its projects starts going on for producing power. Thanks....
In reply to:
Accumulate reliance power....
Posted by : vkk43
I think that at present RPower should be avoided for some more time. If the weakness continues for long, it may even go to 100/110.
Accumulate reliance power....
Posted by : marketmanTracked by: 2 Boarders
Capable investors are accumulating the stock on every falls for their long term strategy.......
In reply to:
Accumulate reliance power....
Posted by : marketman
Start buying the stock during these panic falls.... the downwad rsik is just 125.... a long term good bet....
Accumulate reliance power....
Posted by : vkk43Tracked by: 2 Boarders
This up and down will continue for quite sometime. And market will definitely take quite sometime to recover. Thanks....
In reply to:
Accumulate reliance power....
Posted by : DUstocks
No vkk43 I was never into RPOWER, just responded to a message by 'marketman' very generally ! Opportunisitic and selective buying is possible ... things may not turn out to be as hopeless as they appear to be on surface ... HongKong & Singapore markets have survived a circuit this morning, and, at the moment, stand surprisingly improved ... though still deep in RED.
Accumulate reliance power....
Posted by : DUstocksTracked by: 2 Boarders
No vkk43 I was never into RPOWER, just responded to a message by 'marketman' very generally ! Opportunisitic and selective buying is possible ... things may not turn out to be as hopeless as they appear to be on surface ... HongKong & Singapore markets have survived a circuit this morning, and, at the moment, stand surprisingly improved ... though still deep in RED....
In reply to:
Accumulate reliance power....
Posted by : vkk43
I think that at present RPower should be avoided for some more time. If the weakness continues for long, it may even go to 100/110.
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