In a reprieve to JSPL, the Delhi High Court on Wednesday overruled the government's decision to reserve the Gare Palma IV/6 and Utkal B blocks for the power sector.
JSPL is bidding for some fresh blocks in addition to the ones it already owns, the company's CEO Ravi Uppal told CNBC-TV18 in an interview.
In a reprieve to the company, the Delhi High Court on Wednesday overruled the government's decision to reserve the Gare Palma IV/6 and Utkal B blocks for the power sector.
According to Uppal, the government needs to take a pragmatic view on the allocation of coal blocks.
He said his steel plants will be unviable if there is no coal from the two mines. JSPL has invested around Rs 30,000 crore in the Palma and Utkal steel plants.
He said the task of managing power production cannot be handled by public sector undertakings alone.
Jindal Steel stock price
On February 12, 2015, at 11:10 hrs Jindal Steel & Power was quoting at Rs 148.80, down Rs 2.3, or 1.52 percent. The 52-week high of the share was Rs 350.00 and the 52-week low was Rs 125.05.
The company's trailing 12-month (TTM) EPS was at Rs 3.88 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 38.35. The latest book value of the company is Rs 142.79 per share. At current value, the price-to-book value of the company is 1.04.
Anda sedang membaca artikel tentang
Govt needs to be pragmatic on coal block sale: JSPL’s Uppal
Dengan url
https://olahragakecantikan.blogspot.com/2015/02/govt-needs-to-be-pragmatic-on-coal.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Govt needs to be pragmatic on coal block sale: JSPL’s Uppal
namun jangan lupa untuk meletakkan link
Govt needs to be pragmatic on coal block sale: JSPL’s Uppal
sebagai sumbernya
0 komentar:
Posting Komentar