Power Stocks update for the week closing on Friday…

Shares of power utility players rallied on Friday after government data showed electricity generation went up by 14.6% in November 2011 from the same period the previous year. This is against the 5.6% growth in October 2011. Jaiprakash Power spurted 11%. Reliance Power gained 7.7% while GVK Power rose 5%. Stateowned NHPC ended up 4%...

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Power Trading Update – 13th January 2012

Power Trading snapshots of two major exchanges  IEX (Indian Energy Exchange) and PXI (Power Exchange of India) for 13th January 2012. On IEX around 56801 Mn Units were sold as against demand of 77317 Mn Units. Similarly on PXI around 3556 Mn Units were sold as against demand of 8233 Mn Units. Detailed report of both the exchanges...

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