Wednesday 27 August 2014

RPOWER INVESTMENT VIEW,,,,

RPOWER LAST CLOSE @ 76.65

BUY IN PARTS BETWEEN 70-76 FOR UPSIDE TGT. OF 83-88-95-105+++ & DOWNSIDE BOTTOM SUPPORT AROUND 68 LEVEL.. HOLD FOR 3 MONTHS OR AS MUCH AS YOU CAN AS INVESTMENT PURPOSE.




INDIAN POWER SECTOR REFORMS,, OVERVIEW,,


POWER SECTOR One of  the most critical component's of nation's infrastructure that affects economic growth & the well being & prosperity of our nation. The growth of power sector getting hurt by politicisation of electricity rate, power theft, loss in transition, all these problem mainly affects the growth of the power sector. Further sector faced various challenge as fuel shortage, delay approval in license, environmental clearances which further downgrade the growth of this sector. 

BUDGET PROPOSAL & IT'S EFECTS  
  
(1) Proposed to Extend 10 Year TAX HOLIDAY on all power projects which begin generation, distribution or transmission of Power by 31st March 2017.  

Truly Helpful & positive proposal for industry as too many projects have got delay due to lack of approval & clearance from various government departments etc.. This Proposal will result in to fresh look by investor in stalled projects. 

(2) Adequate Quantity of Coal will be provided to power plants which are already commissioned or would be COMMISSIONED by MARCH 2015. 

This announcement will play greater part to revive whole power sector mainly. Govt. true & speedy action in this matter will certainly transform power sector. 

(3) 500 crores Provided in Budget for Ultra Mega Power Projects for various states of India. 

All we can say for new government which won the election on the ground of promising the voters to provide 24*7 HOURS electricity in coming years. The Power Industry has lot of expectation from new govt. & his minister to do act quickly to reform the sector. 

Taking Consideration all the facts we can expect fast revival of power sector as for last many decades many hurdles such as regulatory approval & all govt. policy paralysis affect this sector too much. power sector highly undervalue. So Now Time has come to see some good development going ahead. 

STAY INVESTED IN POWER SECTOR STOCKS FOR LONG TERM HERE ONWARDS.