BONANZA FOR SHARE HOLDERS ONLY NEWLY LISTED CO. IN POWER SPACE ON 27. APRIL GOING TO ANNOUNCE DIVIDEND FOR ITS VALUABLE SHARE HOLDERS
Presently they are on with 1000 megawatt of capacity. Infact they are holding some of the shares also, about 70 lakh shares of JSW Steel also along with them.
ITS BEST POWER STOCK AS COMPARE TO PEERS REL.POWER , ADANI POWER, IB POWER ,JSW Energy can also opt to buy the entire shareholding in Mainsail Trading 55 (Proprietary) Ltd., another investor in South African Coal Mining, from RBH Resources Holding (Proprietary) Ltd., according to the statement. Royal Bafokeng Capital and Mainsail collectively hold a majority stake, or about 284.6 million shares, in South African Coal Mining.
Shares of JSW Energy gained to close in a flat Mumbai market at Rs 120, the highest closing since January 4 when the shares were listed after the company’s share sale in primary market. JSW Energy raised Rs 4,500 crore through a public offer to part finance power projects with a total capacity of 3,000 mw. It plans to have total power producing capacity of 11,400 mw by 2015, AS COPMARE TO REL.POWER WHICH IS GOING TO COMMISSION Two units with total capacity of 1320 MW will be commissioned by Mar 12 . JSW Energy is the dynamic vertical of JSW Group. The company plans to foray in all areas of power: Generation, Transmission, Distribution and Trading. In less than a decade of its operations the company has crossed several milestones working on power solutions in the States of Karanataka, Maharashtra, Rajasthan and Himachal Pradesh.
JSW Energy was incorporated in 1994, with the objective to develop, construct and operate power plants. Today JSWEL is one of the fastest growing Power Company and it is working towards becoming the top 3 private power producers in the country within the next 3 years.
The company has been in the business of power generation since 2000 and Company has realized its growth because it is an established power company with a track record, operational efficiency, industry experience, and a deep understanding of the power industry in India
Company has recently commissioned its 600(2x300) MW expansion of Vijayanagar Power Project and has synchronized the first unit 135MW of (1080MW) power project in Barmer, Rajasthan. This is apart from the 260 MW power project in Vijayanagar
The company is an early entrant in the power trading business. Currently most of the revenue is derived from power generation. Company is working towards becoming a leading full-service integrated power company in the Indian power sector with presence across the value chain.
Company has planned its power plants to be diverse in geographic location, fuel source and off-take arrangements. As part of the power generation business, Company is also expanding its generation capacity by construction and implementation of new power plants in Maharashtra, Rajasthan and Himachal Pradesh. Each project is planned to be strategically located either near an available fuel source, load centre or infrastructure facilities. SO SELL ALL OTHER POWER STOCKS & HVE FAITH IN SAAJAN JINDAL AS COMPARE TO RPOWER OF ANIL AMBANI WHO LOST HIS GOOD FAITH AMONG INVESTORS & EAT ALL INVESTORS MONEY BY RAISING MONEY IN RPOWER AT 240 PER SHARE. Angel Broking is of the view that spot power prices have gone up significantly, after declining to a low of Rs 3.39/unit in October 2009 - February 2010; currently, a unit costs Rs 5.83 on average (Since March 2010). Companies like Jindal Steel & Power, JSW Energy and Tata Power are likely to be the key beneficiaries of the higher merchant tariffs . The prices of power in the short-term market (as per the figures available from the Indian Energy Exchange, IEX) have been on an upward swing since March 2010, after lying low for close to four months during the winter. Apart from the increased demand, the fall in the generation of hydro-based plants due to poor monsoons has also resulted in the upswing in merchant power rates. The merchant rates are currently at their highest levels since August 2009, and have touched day-high rates of Rs10/unit.' says Angel Broking research report.
Toshiba JSW POWERS : POWER EQUIPMENT MANFACTURING PROJECT.
Toshiba JSW Turbine and Generator Pvt. Ltd. (Toshiba JSW), a joint venture between JSW Group and Japan-based electronic goods major Toshiba Corporation, is setting up a facility near Chennai to manufacture steam turbines and generators for thermal power plants.
Toshiba JSW has signed a memorandum of understanding (MoU) on July 7, 2009, with the Tamil Nadu Government to facilitate the process of setting up a production unit. The MoU was signed in the presence of Chief Minister, M Karunanidhi and senior officials of Government and Toshiba JSW.
The MoU allows Toshiba JSW to lease land for the construction of manufacturing facilities at a site in Chennai. Toshiba JSW was established in September last. Toshiba holds 75 per cent ownership rights in the company. The balance 25 per cent is held by JSW Group (JSW Steel five per cent and JSW Energy 20 per cent).
Toshiba JSW will use the proposed facility to manufacture mid- to large-sized steam turbines and generators, ranging from 500 MW to 1,000 MW, for super-critical thermal power plants in Indian domestic market. Super critical power plants are said to be more fuel efficient, saving 3-4% more of coal per unit.
Driven by strong economic growth, the Indian power generation equipment market is expected to see demand growth of 15,000-16,000 MW a year for the next decade, according to the Eleventh (2007-2012) and Twelfth (2012-2017) Five-Year National Electricity Plans published by the Indian government. Coal-fired thermal power stations will account for over 60 percent of the capacity growth, far surpassing other energy sources, and 80 percent of those power stations will be highly efficient super-critical thermal power plants.
Toshiba JSW has signed a memorandum of understanding (MoU) on July 7, 2009, with the Tamil Nadu Government to facilitate the process of setting up a production unit. The MoU was signed in the presence of Chief Minister, M Karunanidhi and senior officials of Government and Toshiba JSW.
ON GOING PROJECTS
JSW Energy Limited – SBU I (“JSWEL–SBU I”) – 260 MW Power Plant, Vijayanagar, Karnataka (ISO 9001:2000, ISO 14001:2004 and OHSAS 18001:2007 certified)
Company owns and operates a 2 x 130 MW dual fuel (coal and gas) power plant in Vijayanagar, Karnataka. The 260 MW power plant has been operational since 2000.
The 260 MW power plant has operated at a PLF averaging 93.44% and it has also continuously improved its heat rate from 2,565 Kcal/ kWh in fiscal 2001 to 2,321 Kcal/ kWh in fiscal 2009.
The power plant operates on a combination of coal and gas which is a by-product of JSW's steel plant. The fuel is sourced from JSWSL which is located on a site adjacent to the JSWEL-SBU I power plant.
JSWEL-SBU II - 600 MW Power Plant, Vijayanagar, Karnataka.
Company has commenced commercial operations in both of the 2x300 MW units of the coal based power plant in Vijayanagar, Karnataka. The first unit was commissioned in April 2009 and commenced commercial operations on July 1, 2009 and the second unit was commissioned in late July 2009 and achieved its commercial operation in September 2009.
The estimated total cost of the 600 MW project is Rs 18,600.0 million. Company has spent Rs. 16,652.6 million on the construction and development of this project. The debt component of the project cost is Rs. 13,950.0 million, for with which JSWEL-SBU II has entered into financing documents with a consortium of banks led by IDBI Bank Limited. The working capital assessment for the entire 600 MW power plant has been completed.
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rajashtan
Raj WestPower Limited (“RWPL”) Phase I – 1,080 MW Lignite-Fired Power Plant.
Company is constructing an 8 X 135 MW lignite-fired power plant in Barmer, Rajasthan. Company has acquired the required land of 1,186 acres for the project. The company has commissioned its first unit of 135 MW and subsequent units will be commissioned in each quarter, Company is planning to commission all the units by December, 2010. The total cost of the project is estimated to be Rs. 50,000.0 million, which is financed with equity of Rs.12, 500.0 million and debt of Rs. 37,500.0 million. The company began the commercial operation of its first 135 MW unit in October 2009.
Company is also implementing an additional 2 X 135 MW power plant at Barmer, Rajasthan. This power plant is intended to be on the same parcel of land as the 1,080 MW project described above which is currently under construction and company expects to achieve commercial operation of the plant by January 2013.
Company is planning to sell the entire power generated from this project under short-term power arrangements through JSWPTC on merchant basis.
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Ratnagiri
JSW Energy (Ratnagiri) Limited (“JSWERL”) – 1,200 MW Coal-Fired Power Plant.
Company is constructing a 4 X 300 MW coal-fired power plant in Ratnagiri, Maharashtra. The company has acquired 360 acres of land for this project. This project was awarded to JSWEL pursuant to a MoU with the Government of Maharashtra
Company is expecting to commission the first unit of 300 MW by January, 2010 and subsequent units will be commissioned in every quarter, Company is planning to commission the complete project by December, 2010.
The project site is located in close proximity to the sea. A significant volume of the water required for the project will be satisfied by sea water. The raw water will be supplied to the JSWERL power plant facility by Maharashtra Industrial Development Corporation in accordance with a MoU entered into between JSWERL and the MIDC on March 3, 2008 for the supply of water from MIDC's water treatment plant at Nivali to this power plant to meet the water requirements of the project.
The plant will run on imported coal JSW Infrastructure has built a Greenfield port at Jaigarh.
Company has entered into an agreement with JSW Jaigarh Port for handling imported coal. As part of this contract, JSW Jaigarh Port will store and handle the delivery of coal of up to 4.0 million tons annually to a stockpile at JSWERL's power plant.
3,200 MW – imported coal based thermal power plant.
Company is planning to expand the Ratnagiri Project with a 4 X 800 MW power plant. The added capacity will be using the super critical technology by which it will achieve lower operating costs due to better efficiencies and lower carbon emissions compared to sub-critical technology. The estimated project cost is Rs. 150,006.80 million and company is planning to finance the project with a debt equity ratio of approximately 75:25.
Shares of JSW Energy gained to close in a flat Mumbai market at Rs 120, the highest closing since January 4 when the shares were listed after the company’s share sale in primary market. JSW Energy raised Rs 4,500 crore through a public offer to part finance power projects with a total capacity of 3,000 mw. It plans to have total power producing capacity of 11,400 mw by 2015, AS COPMARE TO REL.POWER WHICH IS GOING TO COMMISSION Two units with total capacity of 1320 MW will be commissioned by Mar 12 . JSW Energy is the dynamic vertical of JSW Group. The company plans to foray in all areas of power: Generation, Transmission, Distribution and Trading. In less than a decade of its operations the company has crossed several milestones working on power solutions in the States of Karanataka, Maharashtra, Rajasthan and Himachal Pradesh.
JSW Energy was incorporated in 1994, with the objective to develop, construct and operate power plants. Today JSWEL is one of the fastest growing Power Company and it is working towards becoming the top 3 private power producers in the country within the next 3 years.
The company has been in the business of power generation since 2000 and Company has realized its growth because it is an established power company with a track record, operational efficiency, industry experience, and a deep understanding of the power industry in India
Company has recently commissioned its 600(2x300) MW expansion of Vijayanagar Power Project and has synchronized the first unit 135MW of (1080MW) power project in Barmer, Rajasthan. This is apart from the 260 MW power project in Vijayanagar
The company is an early entrant in the power trading business. Currently most of the revenue is derived from power generation. Company is working towards becoming a leading full-service integrated power company in the Indian power sector with presence across the value chain.
Company has planned its power plants to be diverse in geographic location, fuel source and off-take arrangements. As part of the power generation business, Company is also expanding its generation capacity by construction and implementation of new power plants in Maharashtra, Rajasthan and Himachal Pradesh. Each project is planned to be strategically located either near an available fuel source, load centre or infrastructure facilities. SO SELL ALL OTHER POWER STOCKS & HVE FAITH IN SAAJAN JINDAL AS COMPARE TO RPOWER OF ANIL AMBANI WHO LOST HIS GOOD FAITH AMONG INVESTORS & EAT ALL INVESTORS MONEY BY RAISING MONEY IN RPOWER AT 240 PER SHARE. Angel Broking is of the view that spot power prices have gone up significantly, after declining to a low of Rs 3.39/unit in October 2009 - February 2010; currently, a unit costs Rs 5.83 on average (Since March 2010). Companies like Jindal Steel & Power, JSW Energy and Tata Power are likely to be the key beneficiaries of the higher merchant tariffs . The prices of power in the short-term market (as per the figures available from the Indian Energy Exchange, IEX) have been on an upward swing since March 2010, after lying low for close to four months during the winter. Apart from the increased demand, the fall in the generation of hydro-based plants due to poor monsoons has also resulted in the upswing in merchant power rates. The merchant rates are currently at their highest levels since August 2009, and have touched day-high rates of Rs10/unit.' says Angel Broking research report.
Toshiba JSW POWERS : POWER EQUIPMENT MANFACTURING PROJECT.
Toshiba JSW Turbine and Generator Pvt. Ltd. (Toshiba JSW), a joint venture between JSW Group and Japan-based electronic goods major Toshiba Corporation, is setting up a facility near Chennai to manufacture steam turbines and generators for thermal power plants.
Toshiba JSW has signed a memorandum of understanding (MoU) on July 7, 2009, with the Tamil Nadu Government to facilitate the process of setting up a production unit. The MoU was signed in the presence of Chief Minister, M Karunanidhi and senior officials of Government and Toshiba JSW.
The MoU allows Toshiba JSW to lease land for the construction of manufacturing facilities at a site in Chennai. Toshiba JSW was established in September last. Toshiba holds 75 per cent ownership rights in the company. The balance 25 per cent is held by JSW Group (JSW Steel five per cent and JSW Energy 20 per cent).
Toshiba JSW will use the proposed facility to manufacture mid- to large-sized steam turbines and generators, ranging from 500 MW to 1,000 MW, for super-critical thermal power plants in Indian domestic market. Super critical power plants are said to be more fuel efficient, saving 3-4% more of coal per unit.
Driven by strong economic growth, the Indian power generation equipment market is expected to see demand growth of 15,000-16,000 MW a year for the next decade, according to the Eleventh (2007-2012) and Twelfth (2012-2017) Five-Year National Electricity Plans published by the Indian government. Coal-fired thermal power stations will account for over 60 percent of the capacity growth, far surpassing other energy sources, and 80 percent of those power stations will be highly efficient super-critical thermal power plants.
Toshiba JSW has signed a memorandum of understanding (MoU) on July 7, 2009, with the Tamil Nadu Government to facilitate the process of setting up a production unit. The MoU was signed in the presence of Chief Minister, M Karunanidhi and senior officials of Government and Toshiba JSW.
ON GOING PROJECTS
JSW Energy Limited – SBU I (“JSWEL–SBU I”) – 260 MW Power Plant, Vijayanagar, Karnataka (ISO 9001:2000, ISO 14001:2004 and OHSAS 18001:2007 certified)
Company owns and operates a 2 x 130 MW dual fuel (coal and gas) power plant in Vijayanagar, Karnataka. The 260 MW power plant has been operational since 2000.
The 260 MW power plant has operated at a PLF averaging 93.44% and it has also continuously improved its heat rate from 2,565 Kcal/ kWh in fiscal 2001 to 2,321 Kcal/ kWh in fiscal 2009.
The power plant operates on a combination of coal and gas which is a by-product of JSW's steel plant. The fuel is sourced from JSWSL which is located on a site adjacent to the JSWEL-SBU I power plant.
JSWEL-SBU II - 600 MW Power Plant, Vijayanagar, Karnataka.
Company has commenced commercial operations in both of the 2x300 MW units of the coal based power plant in Vijayanagar, Karnataka. The first unit was commissioned in April 2009 and commenced commercial operations on July 1, 2009 and the second unit was commissioned in late July 2009 and achieved its commercial operation in September 2009.
The estimated total cost of the 600 MW project is Rs 18,600.0 million. Company has spent Rs. 16,652.6 million on the construction and development of this project. The debt component of the project cost is Rs. 13,950.0 million, for with which JSWEL-SBU II has entered into financing documents with a consortium of banks led by IDBI Bank Limited. The working capital assessment for the entire 600 MW power plant has been completed.
--------------------------------------------------------------------------------
rajashtan
Raj WestPower Limited (“RWPL”) Phase I – 1,080 MW Lignite-Fired Power Plant.
Company is constructing an 8 X 135 MW lignite-fired power plant in Barmer, Rajasthan. Company has acquired the required land of 1,186 acres for the project. The company has commissioned its first unit of 135 MW and subsequent units will be commissioned in each quarter, Company is planning to commission all the units by December, 2010. The total cost of the project is estimated to be Rs. 50,000.0 million, which is financed with equity of Rs.12, 500.0 million and debt of Rs. 37,500.0 million. The company began the commercial operation of its first 135 MW unit in October 2009.
Company is also implementing an additional 2 X 135 MW power plant at Barmer, Rajasthan. This power plant is intended to be on the same parcel of land as the 1,080 MW project described above which is currently under construction and company expects to achieve commercial operation of the plant by January 2013.
Company is planning to sell the entire power generated from this project under short-term power arrangements through JSWPTC on merchant basis.
--------------------------------------------------------------------------------
Ratnagiri
JSW Energy (Ratnagiri) Limited (“JSWERL”) – 1,200 MW Coal-Fired Power Plant.
Company is constructing a 4 X 300 MW coal-fired power plant in Ratnagiri, Maharashtra. The company has acquired 360 acres of land for this project. This project was awarded to JSWEL pursuant to a MoU with the Government of Maharashtra
Company is expecting to commission the first unit of 300 MW by January, 2010 and subsequent units will be commissioned in every quarter, Company is planning to commission the complete project by December, 2010.
The project site is located in close proximity to the sea. A significant volume of the water required for the project will be satisfied by sea water. The raw water will be supplied to the JSWERL power plant facility by Maharashtra Industrial Development Corporation in accordance with a MoU entered into between JSWERL and the MIDC on March 3, 2008 for the supply of water from MIDC's water treatment plant at Nivali to this power plant to meet the water requirements of the project.
The plant will run on imported coal JSW Infrastructure has built a Greenfield port at Jaigarh.
Company has entered into an agreement with JSW Jaigarh Port for handling imported coal. As part of this contract, JSW Jaigarh Port will store and handle the delivery of coal of up to 4.0 million tons annually to a stockpile at JSWERL's power plant.
3,200 MW – imported coal based thermal power plant.
Company is planning to expand the Ratnagiri Project with a 4 X 800 MW power plant. The added capacity will be using the super critical technology by which it will achieve lower operating costs due to better efficiencies and lower carbon emissions compared to sub-critical technology. The estimated project cost is Rs. 150,006.80 million and company is planning to finance the project with a debt equity ratio of approximately 75:25.
hi sir
ReplyDeletenice blog, i must say you are a good analysist, atleast much better then all people see on tv channels.
keep on posting with your good work and help people understanding the markets.
Kind Regards
Your Good Friend
Alok Aggarwal
http://www.theequitymarkets.com