Posts

I don't want cheaper Energy!!

Ever thought, if some one would actually say this. Of all the people, do you actually expect this coming from the largest Energy consumer in the world!!! Many companies in USA are suddenly fighting with a decrease of more than 25% in their total energy cost. All power utilities and major states which predicted revenue for the fiscal at a target price of $4 per gallon, are forced to work under less than $3 a gallonn. This has dented the profitability of all utilities and many states, especially in Texas and the Floridas ofthe world. Imagine a state whose primary soruce of revenue is gas. Now, gas prices have crashed by 25%, so this would decrease their revenue by 25%. This is precisely the reason that the stock prices of major utilities companies are down. Obviously the whole story is one-sided i.e. from the producers of energy. A country doesn't run by the producers of energy alone and hence overall the economy is bound to benefit ..  but Iam in the industry of energy pr...

No work blues!!

Monday blues, hangover blues, marriage blues and lot others!! Every one discusses about these normal things .. but the blues that none of us speak about are the No work blues.. All of us crave for days when there is no work, and all that we are expected to do is to come to office, surf, coffee, gossip and leave.. But, what if the same continues for an extended period of time.. especially when you actually love working and need something to keep the senses up and running.. Iam going through these patches, that for the past 10 days I hardly have any work.. Now these blues are actually making me sleepless since the mind is reluctant to allow me to go to sleep for having not used it for quite some time.. Iam only starting to realize what it means like not having any work or sitting on bench (IT parlance).. while I will be paid for my salary, for all the position and experience that I extend to the company, what is the point if all the experience is there only for CV sake.. ...

Consumed by nature!

“We, the willing, are doing the impossible for the ungrateful. We have done so much, with so little, for so long, we are now qualified to do anything, with nothing.” - Mother Teresa (Took it from the article written in Dawn ) Just been to some remote locations from Delhi for the long weekend. Quite an un-planned trip which did end on a good tone. Was in places, where there was no network, continuous vegetation, but still a human to be found. The road was not a proper one, with huge bumpy rides along the road, but the road was still visible and accessible Streams of water, cold, flowing across the landscape at different depth, at varied pace..but we could still take a dip in it and not be scared of getting washed away. Staring into the sky, clear sky, with a full moon, bright stars .. but still there was light that we could see coming from the closest neighborhood and we were sure that we are not lost in the woods. Add to that the scare due to the chance of bumping into a wild el...

And if that wasn't enough..RGTIL is also for sale

It was in 2005 that Reliance Industries made big news with the discovery of the largest gas deposits in that year. The gas deposits are found off-shore near the Eastern Coast of India. While the gas discovery was made, there were/are no major pipelines connecting the eastern coast of India with rest of the country. Hence there was a need to setup a major gas pipeline from Eastern Coast to the Western Coast and beyond (~1500 kms). So Reliance Industries with no prior experience in either of these two areas floated two companies: Reliance Industries Ltd (RIL) owns the gas well. Reliance Gas Transportation Infrastructure Ltd. (RGTIL). Every one was gungho about the discovery of gas and the progress of the gas pipeline because the gas production was estimated to reach 80mmscmd by FY2013 and the pipeline also planned to extend by another 1500 kms towards South & North Eastern India. Investments by various players also ensured that RIL got a decent return on equity. Alas,...

Either you are with me or against me in this!!

Either you have sex and get pregnant or not have sex at all. Interesting stance that the so called forthcoming religion in the world has. ( Religious views on Contraception ) “This is a direct attack on religious liberty and will not stand in a Romney presidency,”.. so says the spokeswoman of Mitt Romney - the Republican  presidential candidate in US. ( And the reason she says so is to appease the conservative catholic Christians.) Another statistic (Source; NY times) is that 50% of the pregnancies in US are unwanted. And among those 40% end up in abortion. Going by this the 3 million addition to US population last year would have meant ~2 million children unwanted!! So, guess people cannot experiment with this fantasies to without getting pregnant. Not that every time one has sex she will get pregnant, but without emergency contraception or birth control pills, the population explosion would be unstoppable.  Even in India no political party has the co...

Day when the hearing impaired listened to me!!

I could see that the gate opened into a small ground followed by two rooms with not even a concrete slab. We were waiting for some one to open the lock of the gate. Some guy came with keys. He looked alright..well built and decently dressed and with a badge in his neck. I appeared to be overly dressed up for the occasion in a suit and the laptop. He didn't bother to look into our eyes and was trying to unlock but it didn't happen. The person with me signaled him in some unfamiliar signs and the guy went in, brought another set of keys which opened the lock. I wondered what did the person tell the guy!!  The guy went away with no change of expression in his face as if he has ignored our presence and that he didn't care whether we came in or not. I was bemused at the least! I walked in and I met the lady of the place and the guy, who heads the center, invited me inside. For a place handling the students from Below poverty line, the place was well furnished. It had a...

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