Positive news expected in 2024 for REL INFRA :
1.Clean chit to AA from Bombey HC in Black money case filed by IT dept.
2.DMRC Arbitration Award Money to be credited in DAMEPL account.
3. Debt free status.
4. Further 10 to 15% Stake increase by promoters through preferential shares or buy back offer.
5. Vidarbha Industries Power Ltd. resolution in favour of Rpower.
6. Bagladesh Gas Power plant phase I Commercial Operation news expected soon.
7. BSES further tariff hike approval by DERC to recover regulatory asset. (SC aleardy dismiss review petiton filed by DERC).
8. Implementation of approx 50 lakhs Smart Meters by BSES. (Bids already recieved)
9. 13250 cr. Loan recovey from Crest Logistic.(Process already started.)
10. Mumbai Metro and NHAIs Arbitration Awards settlement in favour of Rinfra.
11.Entry of AA and Sons entry in ADAG Board.
12. 26 Rafale-M for Indian Navy and 114 MRFA for IAF deal with Dassault Aviation through GtoG route worth 20 bn $ to manufacture or assemble Rafale fighter jets at DRAL facility Nagpur.(expected just after 2024 General Election)
13. Sasan Power PPA with MP govt for providing power at lower tariff is ending in 2024 and new increased tariff is expected there after at higher price.
14. Start Getting New Defence and Infra orders thereafter.
15. Rnaval and Rcap settlement in NCLAT through IBC.
16. ARBITRATION CASE ADANI 1.7 BILLION US$
17.road monetization proceeds 6000 crs
18. Last but not the least, start showing profits in quaterly results.
IF EVEN HALF OF THESE 18 POINTS PLAY OUT 5 FIGURES #REL INFRA
ONCE 300 IS TAKEN OUT THERE WILL BE NO STOPPING, DIRECT 450+