ADAG might be plannig Rpower wakeup shortly to help the poor investors who have trusted them and invested huge amounts during IPO. It should atleast reach 210 before sleeping again for an another year.
from there on evey year Rpower has one project lined up for commencement .
it will be slow and steady rise ... a la RPL ...
Power is not gonna get cheaper going ahead ..
there is danger to this stock ...esp at this level...
unless u believe Anil cant build the plants :)
sd3..
Lots of -ve news on this stock...
1. Chinese workers on business visas were repatriated. Min. of Power has requested them to be exempted as this will cause delays in power projects using Chinese equipments. As we all know almost all of RPower projects are on Chinese tech. So expect delays.
2. Long standing fight between brothers leading to uncertainty of Dadri.
3. Restrictions on chinese power equipment. Assocham has asked for import duty on these. Govt. is seriously considering this. So profitability threat to RPower.
| NIFTY 
