Adani Green Energy_ Suzlon is a 327.6MW onshore wind power project. It is planned in Gujarat, India. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2024.
When I blogged the below post the share price was Rs 7. Today within a few days on 31 Dec 2021 the share price has jumped to Rs 10.20 a 32% jump!!!
Now back up your truck and buy Tata Motors shares which is now selling at Rs470. Tata Motors will cross Rs1,000 mark by next year (Dec 2022). I could be completely wrong but then Tata Motors looks to be the best Indian company to bet on at least for the next 10 yrs.
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Suzlon is not andu- pandu company. It is one of the biggest companies in the WORLD. Revenue is in billion Rupees (million US Dollars). Clean and Green power is the future. Usage of Coal, Diesel & Petrol will be curtailed in India and the World due to 2025 Target which was accepted and signed in the Paris Agreement.
Countries will be punished by Western Countries for not reducing fuel that contribute to Global Warming. Situation is like WAR for western nations and they are increasing the pressure. Trump had reduced the pressure to a certain extent but now Bidden is a person supporting the cause of Climate Change.
So the direction in the country and for the world …the future is WELL SET and Clean Energy companies WILL benefit in the LONG RUN (5 to 10yrs).
It became a loss making company because they wanted to expand into Europe and bought a few companies there. The European laws restricted Suzlon and finally Suzlon sold that arm (RENewPower/Senvion).The company was on the brink of closure due to this few years ago but overcame the problems.
If my memory serves me correct around Sept-2021 Suzlon cleared the last tranche of payments which will give it back its earlier agility.
Indian companies will always be penalized if they do business in other countries unless they open a headquarter in western country. Call it racist laws or patriotic law.
Tatas & Mahindra too had faced it… recently it was M&M’s Roxor vehicle. This is how the world operates. But now that Suzlon sold of their European Business (although at a huge loss) and paid off their major debtors it can operate with greater freedom.
In the Year 2020 China had made an unprecedented run to list a lot of its companies on the US Stock markets. China also listed its shares on the Hong Kong stock markets.
Most of these companies collected huge amount of money when they got listed on the US Stock Markets and these stocks were purchased by American Individual Investors like you and me.
US Stock Market is HUGE!!! China has been targeting in in 2021
When a company offers its shares at the Stock Market it is called Initial Public Offering (IPO)
As Chinese IPOs rushed in, American investors picked up billions of dollars of new equity to feast on the Dragon’s astonishing growth.
When Jack Ma’s Alibaba scooped up $25 billion in 2014. It was the biggest IPO in American history.
Q1. Why there is no standardized one sized battery for eScooters or eCars?
A1. Batteries of all voltage & Ah are easily available or can be custom-made in open market so it is not a big problem. So there is no need for a uniform model of battery.
In ICE vehicles also the size of the fuel tank of each model is different. In EVs you can use bigger or smaller pack than that given by the Company. That is something that cannot be done in ICE vehicles… at least not as easily.
Q2. Is Simple faking Ather bike or Fake Bike? It had Ather’s registration number & its specs were changed
just before launch
A2. Simple is a reverse-engineered Ather scooter… just like that crap Honda UGo eScooter. Unlike Honda the team at Simple have been able to provide a better DEMO-Vehicle, better VISION & a better BUSINESS-PLAN THAN both ATHER, HONDA or ANY other vehicle maker in India including Tata, Mahindra, Ather, HeroElectric, HeroMotors, PureEV, Ampere, etc.