BPCL once again

Rajesh Sharma

BPCL is a big conglomerate. It is not a project. First, please see it in its larger picture. Second, projects will come in and projects will go out. It is normal phenomenon in BOOT (Build, Own, Operate and transfer) system in hydro-power. When the time come to hand over one project, the good companies would be completing another project. The same is true for BPCL. In the last two years, it gave 18% dividend and 161% capital gain, even when its Andhikhola project was under maintenance. In my opinion, it will be a very good choice for investment. For trading, it is not much preferred by traders. So, being careful is better. Its price has moved up from about 760 a few weeks ago to about 865 now. When the effect of NRB's concern about bank investment in insurance and hydro-power will dies down, its price may have another jump. Moreover, its price is highly influenced by acts of big investor in hydro-power, Mr. Gyanendra Lal Pradhan. Watch out, what he is doing. 

BPCL has the following under construction projects:
• Andhikhola Upgrading Project
• Kabeli ‘A’ Hydro Electric Project
• Khudi Hydropower Project
• Lower Manang Marsyangdi
• Nyadi
 
BPCL has the following sister organizations
 
Associates
• Himal Power Limited
• Hydro Lab Private Limited
• Jhimruk Industrial Development
 
Subsidiaries
• BPC Services Limited
• Hydro Consult Private Limited
• Kabeli Energy Limited
• Khudi Hydropower Limited
• Nepal Hydro & Electric Limited
• Nyadi Hydropower Limited

Please read useful info from BPC website and world bank press release as mentioned below.
http://www.bpc.com.np/index.php?option=com_page...
http://www.worldbank.org/.../world-bank-group-kabeli...