Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Tuesday, March 26, 2013

Positive Developments in the Infrastructure Sector
NHAI (National Highways Authority Of India) is considering measures that could potentially ease the burden on developers and revive several stalled projects. Work on 3,265 km of road projects worth 286.63 bln rupees stalled for about two years will restart soon with the environment ministry delinking environment and forest clearance.  
Now this is expected to help the companies like IVRCL Ltd (CMP: Rs.18.40) and BF Utilities Ltd (CMP: Rs.193.50). I think you also already know that IVRCL Ltd has a humongous order book of Rs.22, 500 Cr and it was yesterday recommended by a marketman for a target of Rs.22-23. 
Now coming to B F Utility Ltd, let me say that it belongs to reputed Kalyani group which is basically into wind power, and which will benefit from the provisions of the Union Budget-2013-14 on Wind Power. However, the real value lies in the Nandi Economic Corridor Enterprises Ltd, (NECE), - implementation of Phase I of the Bangalore Mysore Infrastructure Corridor Project which is a indirect subsidiary of the Company. I am expecting that in the short term the scrip could touch Rs.205--207. Upon crossing Rs.208 and closing above it, it could touch Rs.217-218. 
The company is having a board meeting on 30th of March, 2013. CLICK HERE.
Brief Report: B F Utility Ltd is into wind power. In the latest Union Budget, the FM has again introduced Generation-based incentives, for wind energy projects and Rs.800 Cr has been allocated for this purpose, which augurs well for the company. Also, the "Eligible Date" for projects in the power sector to avail benefit under Section 80-IA extended from 31.3.2013 to 31.3.2014, in the Union Budget for FY14.
The company managed to add 13 GW of windmill capacities in the year 2012, just a whisker below China. Chinese aggregate windmill capacities surpassed 75 GW whereas that of US crossed 60 GW. Europe led the race for offshore windmill capacities with a total of 1,166 MW contributing 90% of the global additions. UK topped the list with 854 MW additions. In Europe, the onshore capacities are also being installed in the eastern and central regions like Bulgaria, Poland and Romania. 

The much awaited extension of Kyoto Protocol upto the year 2020 is expected to bring in cheer to the global carbon market--though still now it is absent. The buyers (designated nations) of carbon credits are required to declare by year 2015 their GHG reduction commitments for the period upto 2020. However, due to the economic crisis in the EU, most of these buyers are reluctant to make commitments and this has led to uncertainty in the markets and has resulted in steep fall in the carbon prices. Having said, that, since the situation of the world economy is improving it is pertinent to note that the things are expected to improve from here. The prices are expected to remain in this range for some time to come, before breaking out. .
Wind Power Development - Domestic Scenario:
In India, the aggregate windmill capacity touched 18.4 GW with the help of 2.3 GW of new capacities during the CY2012.
But this is expected to see a sea change in the positive direction as, the FM has again introduced Generation-based incentives, for wind energy projects and Rs.800 Cr has been allocated, as mentioned earlier.   CLICK HERE.
BF Utilities Ltd. (BFUL) is a part of USD 2.4 billion Kalyani Group. BFUL earlier operated in two business segments – Infrastructure Business and Investment Business. BFUL has undergone business restructuring by way of a Composite Scheme of Arrangement. Under the said business restructuring, the Infrastructure Business has remained with BFUL and Investment Business has been transferred to BF Investment Ltd.