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.....👍✌

Saturday, April 11, 2015

Jaiprakash Power Ventures Ltd: Buy in Bulk
CMP: Rs.10.65
You must be aware that Jaiprakash Power Ventures Ltd is selling some of its plants to bring its debt to some manageable levels. JSW Energy Ltd will acquire (100 per cent stake) two hydro-electric projects of Jaiprakash Power Ventures in Himachal Pradesh for about Rs.9,700 crore.

Earlier, Sanjay Sagar, joint managing director & chief executive officer,  JSW Energy Ltd said that the company’s deal with  JP Power will be completed by March 31 or early April  (2015)--this was their timetable. This means we are just near the final lap of this crucial deal. Meanwhile, the Competition Commission of India (CCI) approved the sale of two of Jaiprakash Power Venture Ltd’s hydropower assets to JSW Energy Ltd in February, 2015. JSW Energy Ltd had approached anti-trust regulator seeking clearance to complete the Rs.9,700 crore deal with Jaiprakash Power Ventures Ltd (JPVL). Debt for Jaiprakash Power Ventures stood at Rs.17,888 crore at the end of the September quarter.

The stock continues to be a buy on dips, as there are large upsides from interest rates in longer time frame. 

JPVL acquired Bina Power Supply Company Limited (BPSCL) from Aditya Birla Group. BPSCL was set up by the Aditya Birla Group to set up a coal fired Thermal Power Plant at Bina in the state of Madhya Pradesh.


  • Unit 1 commissioned in August, 2012
  • Unit 2 commissioned in April, 2013

Besides, Jaypee Nigrie Super Thermal Power Project comprising 2 x 660 MW Super-critical Unit is likely to be the only plant to make reasonable ROE for JPVL. 

The investors should therefore, do well to buy the scrip of the company at the CMP of Rs.10.65 (Book Value: Rs.21.54 and Market Cap: Rs.3,137.79 Cr) and wait for its to close above Rs.15.50, for some scintillating returns going forward. 
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