Power Sector....HUGE opportunity is coming......

Friends,
I have come through 2 reports regarding HUGE investment sanctioned and coming on in Power Transmission and Distribution sector.One is from Prabhudhar Liladhar and second is from First Global(Yes that is Shankar Shrama's brokerage Co)....
The first reports says that they expect 1200 bn means 1,20,000 cr in power transmission and 1900 bn ,means 1,90,000 cr in distribution of power.
That is a huge investment coming up.Among that Power Grid Corp Ltd will invest 55,000 cr for upgradation of various transmission asset and setting up national Grid.
Over and above that central Governmnet is suppose to invest 50,000 cr and other 28,000 cr coming for Restructured Accelerated Power Development Reform Programme (R-APDRP) and the Rajiv Gandhi Grameen Vidhyutikaran Yojna (RGGVY) in the 11th plan period.

There is enormous scope in this sector and hence all the power Co will have ample scope to have chunck of orders.
The major Player in these sectors are
1)L&T
2)Areva T&D
3)Alsthom
4)Seimens
5)ABB
6)Kalpataru
7)Jyoti Structure
8)KEC Int
and I have been recomending the first 5 stocks since Mar 09.
Thermax also comes in power sector.
It has been a known fact that power is lost while distrubuting due to various reason and there are IT Companies which shows how the loss in distribution loss can be saved.
I have once or twice recomended KLG Systel here which is in same field.
But lately I found one more company which is making inroads in same sector.I have done my DD and have come out with a BUY call on that Co.....
The name of the company is Spanco Ltd, old Spanco Tele Ltd.There is one more co named Sparsh BPO which was demerged from Spanco Tele 2-3 yrs back and it is a pure BPO co but both are headed by erstwhile person named Kapil Puri.
I am just giving one annoucement on Spanco Ltd and rest I would like my readers to find out what is going on in Spanco Ltd....

Read on:

Patni, Spanco among 4 cos empanelled for power project
Our Bureau
Mumbai, Dec. 24,2009

Patni Computer Systems and Spanco are among the four technology companies that have been empanelled as system integrators, by the Centre for its ambitious Rs 50,000-crore plan to cut power distribution losses in the country.
With this, the four companies can now bid for State-level projects as part of the centre-funded Restructured Accelerated Power Development and Reform Programme (R-APDRP).
These companies( means Spanco Ltd and Patni Computer) join Accenture, Capgemini, CMC and others that were earlier empanelled as IT consultants for the R-APDRP project.
Out of Rs 50,000 crore, Rs 10,000 crore is expected to be spent on IT and technology, according to Mr Deepak Khosla, Patni's President for the SAARC (South Asian Association for Regional Cooperation) region.
Job scope
The scope of the IT jobs under R-APDRP include setting up data centres, disaster recovery back-ups and GIS (geographic information system) mapping, besides developing applications for reading meters, billing and collection, energy accounting and auditing and consumer grievance redressal.
Apart from Patni and Spanco, the other companies that have been empanelled in the systems integration category are the New Delhi-based United Telecom and the Chennai-based Omne Agate Systems.
Lowest bidder
Earlier this year, TCS emerged as the lowest bidder for a project worth Rs 293 crore in Madhya Pradesh, while HCL Infosystems won a project worth Rs 529 crore from the Rajasthan government.
Other States such as Chhattisgarh, Tamil Nadu, Haryana Andhra Pradesh and Bihar are yet to award State-level R-APDRP projects. "


Now coming back to Spanco Ltd, almost 80% of the stocks is held by promoters and Priv corp bodies.More and more FII's wants stake in Spanco Ltd and co has given some preferential allotment to some FII's also in last 6 months.
There is many more to diggin in Spanco Ltd.So invest in Spanco Ltd after DD....and if convinced then BUY......