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Sterlite Industries

RIL, Sterlite will gain from proposed changes in mega power policy

in Medium Term

ShareThe power ministry is pushing for so-called mega power project status to captive plants that can generate 1,000MW and above In a move that could increase the country’s power generating capacity and, simultaneously, benefit companies such as Mukesh Ambani’s Reliance Industries Ltd, or RIL, and Anil Agarwal-owned Vedanta Resources Plc.’s Sterlite Industries (India) Ltd, the [...]

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India Infoline : BUY on Sterlite Industries

in Stock-News

ShareSterlite Industries Limited (SIL) is undergoing a major expansion programme by increasing its rich non-ferrous based asset portfolio, both organically and inorganically.The company is also increasing its fully backward integrated zinc capacity (reserves to meet ~19 years requirement) to 1.06mtpa, an increase of 41% to the current capacity by June 2010.In aluminium, SIL 29.5%-owned subsidiary [...]

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