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" in the hands of "UP ka Beta", will invariably bring Shame to the Biharis and Jharkhandis. So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar. This might also probaly 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 and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar...



Saturday, November 30, 2013

Suzlon Energy secures 106MW contract from Mitsui and Co.
[Editor: Two of my favorite counters are now being recommended by a Mumbai (Bombay) based MARKET ANALYST. One is from the Power Equipment Space and another from the IT Segment. Join the Paid/ Premium Service or my recommended Brokerage House/s, to know the names of the Scrips, which can give good returns in the short term. Moreover, the Rangarajan-headed panel has, in principle, agreed on a formula that will allow road developers in stressed projects to backend majority of their annual premium payable to the government. The government is close to finalising a bailout package for road developers. Therefore buy in BULK, most of the Infrastructure companies especially, Punj Lloyd Ltd (Rs.26.70) and IVRCL Ltd (Rs.14.00)] 
Mumbai,  Nov 28 2013: Wind turbine maker Suzlon Energy Ltd, on Thursday, said its subsidiary REpower Systems SE had announced the conclusion of an engineering, procurement and construction (EPC) contract with Mitsui and Co. (Australia) Ltd. to deliver 52 wind turbines with a total rated output of 106.6 megawatts (MW) for the Bald Hills windfarm in Victoria, Australia.

The contract is combined with a service contract for the next 10 years, with a further five year option.
“It is the first contract for REpower with Mitsui and Co, and marks the largest EPC contract, commonly referred to as a full-turnkey contract, for REpower in Australia to date,” Suzlon Energy said in a statement.
As a rule of thumb, a wind turbine costs Rs.6 crore per MW which would make this contract worth over Rs.600 crore.

The turbines are to be delivered in the second quarter of 2014 and to be commissioned in the second quarter of 2015.

“They are expected to produce upto 380,000 MWh of electricity per year, enough to power over 62,000 homes,” the statement added.

In late January, the Suzlon Group won approval for a Rs.9,500-crore debt restructuring plan from its domestic lenders. The lenders, a consortium of 19 banks, also agreed to enhance working capital facilities to the group by Rs.1,800 crore and a 10-year deferred repayment plan.

Courtesy: Live Mint