Reliance Case : Benefit of Reliance Industries
The Legend Behind the Name of Reliance
If Government has been imposed and built a policy depending on the results and orders of Supreme Court about the use of Natural Resources and Wealth; then definitely everyone can see the long term benefits and results from this case. What would be the effects of this case on Anil Ambani and Reliance Group Of Companies? Reliance can excavate with full of energy at Krishna-Godawari due to the dismissal of uncertainties. They can provide and distribute the gas with $2.34 per million BTU to RNRL and gets profit of 3000 Cr/year. There is a space for Reliance to grab the market rates between Rs. 1200/- to 1250 within 12 to 18 months.
If there was a decision that RNRL can get the gas below 44% of market rate then 25 lakh investors can get a treasure trove of pure gold what we called it as “SONE KE UNDE DENE WALI MURGI.” RNRL seized with teeth because they lost the case. It is the dared target of RNRL Group that they generate 35,000 Mega Watts power now falls in trouble. Based on the directions and orders of honorable court RNRL expected to get the gas distribution. It is only the fact that they also pay the amount like others. If other gas customers can get and use the gas with the rates of $4.205 per BTU then why not RNRL and Reliance can do? It is possible that they can show and prove it by improving their work capabilities. Even though at this condition the valuation comes up for RNRL – 40, Reliance Infra – 750 and Reliance Power – 130 in today’s market.
There should be a policy to use natural resources and based on this policy if any law is being made and imposed at the national level then truly such type of things could be avoided in future. Off course, it will help to boost and benefited in the progress of our INDIA.
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Reliance Case : Benefit of Reliance Industries…
There should be a policy to use natural resources and based on this policy if any law is being made and imposed at the national level then truly such type of things could be avoided in future. Off course, it will help to boost and benefited in the prog…
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