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Monday, April 20, 2009

Entegra Ltd:-Future prospects and outlook

Scripscan:Entegra Ltd

Story:Entegra ltd is a pioneer in the global arena with an integrated approach to Renewable Energy Development, Solutions, Products and Services harnessing resources such as Water, Wind, Sun and Earth. With a portfolio that spans the entire gamut of renewable energy solutions,Entegra's endeavour is to energise the future with clean, green, sustainable and cost-effective renewable energy solutions.The company is implementing a world class integrated renewable energy facilities with an estimated cost of Rs. 300mn for a residential tower at Worli,Mumbai.Project work has already started and is expected to be completed in 1.5 years.The projects division is also carrying out the designing,engineering,supply,installation & commissioning of 5 Wind Solar Hybrid Systems of IOKW each in the premises of Rajiv Gandhi Proudyogiki Vishwa-Vidyalaya (RGPV), Bhopal.Further the company is also in the process of developing one of its kind Solar Thermal Power Project of 10 MW to be scaled up to 500 MW in future in the state of Rajasthan.The company plans to position itself as one stop shop for all sorts of Renewable Energy solutions with variety of products with different capacities to cater all segments of economy.The future outlook of the Company seems to be bright.At present though theres nothing financially to talk about but again as you all know investors are giving a great fancy to Renewable Energy scrips.Entegra being among the few listed entities should attract high valuations going forward.Over the past few days it has been rallying bigtime.Buying the scrip can be only considerd at dips.

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