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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...
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2nd unit of Sasan UMPP of Reliance Power begins generation
December 13, 2013: Anil Ambani owned Reliance Power on Friday announced that the second 660 MW unit of the 3,960 MW Sasan Ultra Mega Power Project (UMPP) has commenced power generation.

In a statement issued in New Delhi, it said the unit has commenced power generation in shortest time of just about a month from boiler light up. This was made possible by adopting innovative commissioning methods. Balance four units are in advanced stages of construction and will be commissioned over the next few months. 

The Sasan UMPP is the largest integrated power plant and coal mining project in the world. Coal production has already commenced from the 20 million tonnes Moher and Moher-Amlohri coal mines associated with the power project. With this unit, Reliance Power’s generation capacity has increased to 3,205 MW which includes 3,120 MW of thermal capacity and 85 MW of renewable energy based capacity.

Courtesy: The Hindu

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