Tuesday 28 April 2015

BUZZ-India's Reliance Power may fall on termination of power purchase ... - Reuters India

** Reliance Power's unit terminates power purchase agreement for Tilaiya Ultra Mega Power Project

** For fuel security, the project was allocated Kerandari BC coal mine blocks

** Loss of surplus coal availability from Kerandari coal mines, which have been cited as the eventual primary feed stock for its Chitrangi project, would dent earnings forecast - Nomura

** Tilaiya comprises of 3.5 rupees while Chitrangi makes up 25 pct of Nomura's target price of 67 rupees a share

** Reasonable probability that the procurers/state government will challenge the termination - Nomura (Reuters Messaging:; abhishek.vishnoi.thomsonreuters.com@reuters.net)

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Ditulis Oleh : dars // 21:34
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