Showing posts from December, 2011

Kill the industry

Kill the  market

The general RoE for the power sector itself is around 15-25%. Not a great sign!!
Rupee depreciation by almost 15% ... a big blow to the industry!!
On top of that the huge interest rates... Heartbreak to the industry!!
Now GOvt. plans for tripling the custom's duty .. Thats it, industry is dead!! .. 
Guess its time to run to fixed deposits