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GIPCL is a Gujarat-based PSU with a capacity of 557 MW. It plans to expand capacity to 807 MW by Q2FY10 and 1,350MW by FY2012.
By ET Bureau |
Gujarat Ind Power Co
CMP: Rs 85
GIPCL is a Gujarat-based PSU with a capacity of 557 MW. It plans to expand capacity to 807 MW by Q2FY10 and 1,350MW by FY2012. The company has a healthy debt/equity ratio of 0.6 times while power companies can have a debt/equity ratio of 70:30.
Hence, with current net worth of Rs 1,140 cr and debt of Rs 680 cr, it can easily raise funds for future growth.
CMP: Rs 85
GIPCL is a Gujarat-based PSU with a capacity of 557 MW. It plans to expand capacity to 807 MW by Q2FY10 and 1,350MW by FY2012. The company has a healthy debt/equity ratio of 0.6 times while power companies can have a debt/equity ratio of 70:30.
Hence, with current net worth of Rs 1,140 cr and debt of Rs 680 cr, it can easily raise funds for future growth.
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