Stock market analysts have maintained ‘buy’ rating on Reliance Power Limited (RPL) stock with an intraday target of Rs 168. 

According to them, interested traders can purchase the stock above Rs 166 with a strict stop loss of Rs 164. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 170. 
 
Shares of the company, on Thursday (Sep 25), closed at Rs 164.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3306271. The share price has seen a 52-week high of Rs 377.94 and a low of Rs 116.30 on BSE. 

Anil Dhirubhai Ambani Group (ADAG)-promoted Reliance Power (R-Power) would pay attention toward renewable and alternative energy resources such as hydroelectric, wind, solar and fuel cell-based power. The company is planning to invest Rs 60,000 crore in alternate energy sector. The company would also invest over Rs 12,000 crore in cement and shipping businesses through its fuel transportation arm, Reliance Natural Resources (RNRL). These projects would be set up near the power plant projects of the company. The company also intends to enter in solar energy sector in future. 

Karvy Stock Broking Limited has maintained ‘buy’ rating on NTPC stock with an intraday target of Rs 189. 

According to Karvy, interested traders can purchase the stock between Rs 180-181 with a strict stop loss of Rs 177. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 191. 
 

State run Hydro-electric major Satluj Jal Vidyut Nigam, has divulged that the company has sent its proposal to Nuclear Power Corporation of India (NPCIL) for building a joint venture (JV) for a Nuclear energy plant.

The sources close to the company remarked that SJVN's collaboration with NPCIL would be for constructing a nuclear power capacity of 1,500 MW. The company has lined up expansion plans worth Rs 18,000 crore.

 Indicating its future roadmap, Satluj Jal Vidyut Nigam stated that the company has chalked out plans to double the capacity by 2017.

The Chairman and Managing Director, Nuclear Power Corporation of India Ltd, Dr S.K. Jain advocates nuclear energy as it is economic and environment friendly. State-owned Nuclear Power Corporation of India (NPCIL) has decided to increase the power generation capacity by 2010. The company would add over 2,600 Mw to the national grid in the coming period.

The special approval to the India specific safeguards by the Nuclear Supplier Group will end India’s nuclear isolation. India can now purchase modern nuclear equipment and technology from the open nuclear market. Many companies have started their initiatives to offer atomic fuel and technology sales to India. They are eying on the worth billion deals to be started by India after the approval from US congress.