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Adani Enterprises wins Australia state nod for $15 bn coal-rail project

Tiger80

By Tiger80
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jusarrived Community Regular

jusarrived

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Did I even say ANYTHING in that post? I just quoted from the article. And Adani's shares are going up because people think Modi will be PM and they know that Adani will be favored.
sensex zoomed 650 pts yesterday backed by FIIs ...guess why ? this is just based on exit polls and hopes that he will bcom PM... Its not just one or two individuals , or just domestic investors ...
rkt.india Grand Master

rkt.india

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Truth. They have betrayed the people in worst possible way. Played with their hopes. Some traumatised AAPies are still fighting the online battle because there isn't much else to do. We need a new party.
I do not understand why no one is talking about those issues raised, no media coverage at all. I still wonder why there was nothing said against Modi from AAP before Delhi elections and everything was directed at Sheila and Congress govt. and as soon as he resigned, they jumped in the ring against Modi.
adi B Grand Master

adi B

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I do not understand why no one is talking about those issues raised' date=' no media coverage at all. I still wonder why there was nothing said against Modi from AAP before Delhi elections and everything was directed at Sheila and Congress govt. and as soon as he resigned, they jumped in the ring against Modi.[/quote'] all for getting media attention .their whole campaign is just anti modi and nothing else not even anti bjp/congress ,such a pessimistic campaign and that is why i hope kejri/AAP get thrashed this election which makes them contemplate what wrong they did this time and make amends next time
Yoda-esque Newbie

Yoda-esque

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I do not understand why no one is talking about those issues raised' date=' no media coverage at all. I still wonder why there was nothing said against Modi from AAP before Delhi elections and everything was directed at Sheila and Congress govt. and as soon as he resigned, they jumped in the ring against Modi.[/quote'] And their supporters started blindly doing the same
rkt.india Grand Master

rkt.india

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And their supporters started blindly doing the same
Now none of them talks about corruption, Lokpal bill, black money, Robert Vadra but Modi. They have made him even bigger than everyone thought he was.
hhunaeh Newbie

hhunaeh

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Adani Power wants Narendra Modi govt nod for export of electricity to Pakistan
Adani Power is planning to set up a 10,000-MW thermal power plant in the Kutch region of Gujarat and the bulk of the electricity to be produced from it is likely to be exported to Pakistan. The company, a part of the $8.7-billion Adani Group, is arguably the country’s leading private sector thermal power producer with a current capacity of 8,520 MW. The ports-to-power group has plans to ramp up electricity production by over 10,000 MW by this financial year, other that the Kutch greenfield project. It is currently developing six projects in Gujarat, Maharashtra, Rajasthan and Madhya Pradesh. According to a source, Adani Power has discussed the proposal of the Kutch project with the UPA-II government, but there was not much progress. The company hopes implement the proposal during the incoming NDA regime as a coal-based project in phases beginning with 3,300 MW and ramp it up to 10,000 MW within the next five years, he said. Since Gujarat is considered to be a power surplus state, Adani Power is learnt to have decided to sell the electricity to Pakistan. An Adani Group spokesperson did not reply to an e-mailed questionnaire, but called up to say “the company has no comments to offer.†While the initial investment would be around Rs 13,000 crore, for ramping up the capacity to 10,000 MW a total of Rs 40,000 crore would be required, according to the source. The project is likely to be implemented by Kutch Power Generation Company Limited (KPGCL), a Adani Power subsidiary. KPGCL would be responsible for generation, evacuation and transmission of electricity. The company is learnt to have acquired land at Bhadreshwar in Kutch for the project, according to sources. Adani Power has reported a net profit of Rs 2,529 crore for the fourth quarter ended March 31, 2014, against a net loss of Rs 585.52 crore in the corresponding quarter in the previous fiscal. According to a company statement, its consolidated EBIDTA has risen to Rs 4859 crore in FY14, which is an increase of 322 per cent. Last week the Directorate of Revenue Intelligence had slapped a Rs 5,500-crore show cause notice on the Adani Group for alleged over-valuation of capital equipment imports. The notices were served to Adani Power Maharashtra, Adani Power Rajasthan, Maharashtra Eastern Grid Power Transmission Company-and a contractor to the last entity. Also last week the firm announced purchase of the Dhamra Port in Orissa.
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