aXYKno Capital leads the charts for advising on Coal Auctioning through Competitive Bidding

aXYKno Capital leads the charts for advising on Coal Auctioning through Competitive Bidding.

The Modi Government has pushed the much needed reforms in the coal sector, by launching the Coal Auctioning process, which saw  huge participation by more than 306 players from the Power, Cement, Steel & Iron sectors.

The bids could garner Rs 3.35 Lakh crores, which would be adding to the kitty  of coal rich  states like Odhisha , Jharkand , Madhya Pradesh , Chattisgarh etc.

a’XYKno Capital, a leading sector focused advisory company, had pioneered the Competitive Bidding models way back in 2008, which got benchmarked by Ministry of Coal in forming the policy for auctioning.

a’XYkno      focus on sectors like Resources, Energy, Infrastructure, Road, Retail , E-Commerce for project Advisory and is sector agnostic in  its Investment Banking activities.

SAIL appoints aXYKno Capital as its Advisor for fast-tracking its raw material security

SAIL appoints aXYKno Capital as its Advisor for fast-tracking its raw material security
SAIL, a Maharatna PSU, has invited International Competitive Bids for selection of Mine Developer Cum Operator(MDO) for development of its 511 Million Tonnes iron ore deposit, Rowghat, which is the lifeline for the Bhilai Steel Plant.  a'XYKno Capital Services Limited, a leading sector focused advisory company  has been advising SAIL on its critical raw material security, the goal is to  make the process world class and bring best players to the table and also to reduce the risk arising out of raw material security, and increase the profitability. Earlier the bids of Coking Coal asset – Tasra found good interest from the bidders, and the project is under development stage. Chiria Deposit, which is the largest iron ore deposit  in Asia containing around 1700 Million Tonnes  and would also hit the market soon for identifying a competent Mine Developer cum Operator through an international competitive bidding  process.

axykno: a'XYKno is a ISO certified consulting house in PPP...

axykno: a'XYKno is a ISO certified consulting house in PPP...: a'XYKno is a ISO certified consulting house in PPP, Investment Banking, PMC, Institutional Services with expertise in business model inn...

Future of Geothermal energy in India

Geothermal energy is the energy generated/stored in the earth’s core crust about 4000 miles below the rock surface and only some miles below in the heat pockets of water on the crust. This is stored in the earth crust in the form volcanoes, fumaroles, geysers, steaming grounds and hot water springs.

India being a subtropical country is a vast resource of geothermal energy. Some of the major geothermal provinces of India, enclose around 400 thermal springs, sedimentary water  basins and Cretaceous-Tertiary volcanic regions.

These geothermal provinces in the country are the Himalayas ,  Sohana ,  Cambay, Son- Narmada-Tapi rift valley ( SONATA), some of the regions in the West coast , Godavari basins, and  Mahanadi. With the recent volcanic eruptions, some of the the Barren island’s in the west  have become one the most important geothermal provinces in the Indian subcontinent.

On the basis of heat harvested or stored called as enthalpy characteristics, the geothermal systems in India, is classified into medium enthalpy (100°C-200°C) and low enthalpy (<100°C) geothermal systems.

Medium enthalpy geothermal energy resources are mostly the Himalayas, Narmada tapi basins, Damodar Mahanadi and Godavari valleys and cambay basin on the west coast.

Low enthalpy geothermal zones include some of the hot water springs on the west coast of the country.

Estimates suggest that energy from one third of these springs is of the order of 40.9x1018 calories. This is equivalent to the energy that can be obtained from 5.7 billion tonnes of coal or 28 million barrels of oil.

Apart from the government organizations in the energy sector, there are some of the private organisations like Tata power  is working in exploitation of geothermal energy.

and seeking to more than double capacity in five years and acquire projects at home and overseas. 

Geothermal energy in India thus looks like a huge investment zone for today assuring big returns in the coming future.

Indian Patent System and International Pharmaceutical Trade

With the implemetation of the " TRIPS" agreement in 2005, India lost almost over 800 patents in the country and the conventional licenses to market those products in the international markets. Post the TRIPS agreement the Indian Patent System was strengthened with new rules and amendments in sections, transforming the vision from reverse engineered process patents to product patents. With this aim and strengthened vision India could fight and win the US claim over turmeric patent as traditional knowledge in India.

 Now in 2013, 8 years from the implementation of TRIPS agreement , a situation has arisen that the conventional countries of the TRIPS agreement intend to copy and implement section 3d of the Indian Patent Act.  Section 3d of the Patent Act decides the subject matter of a patent; where it clearly distinguishes and describes the difference between innovation and discovery- every subsection of section 3 looks for an inventive step in patent, thus makes the candidate for patent exclusively different and worth patentable to rule the international markets for 18 years.  Though India has lost a great deal in the International markets in the 2005 wrt respect the merger and acquisitions by US and UK pharmaceutical giants on the name of product patents,  but now it looks as if India is making up the loss by defining innovation and applicability of the innovations and every invention step to common men for whom these products are designed and this is seen in most of the patent cases on the international board or at the supreme or subordinate courts in India where India or  Indian companies looks to be winning the battle mostly let it be the Gleevac - Novartis case or Pfizer's Viagra case.

Investment opportunities in Railway Sector:

12^th Five Year Plan ending 2017 proposes Rs. 1 Lakh Crore (USD 20 Billion) investment through PPP (Public Private Partnership), a fifth of total Rs. 5.2 Lakh Crores (USD 100 Billion) in Indian Railways.  The Vision 2020 [presented in 2009] document envisages the need for investment of Rs. 1.43 Lakh Crores (USD 2.6 Billion) just for clearing the existing backlog and another Rs. 14 Lakh Crores (USD 260 Billion) in Ten years to reach the goal of Vision 2020, thus a requirement of at-least Rs. 1.4 Lakh Crores (USD 2.6 Billion) each year between the period from 2010 to 2020.

Areas for investment include Dedicated Freight Corridor, Doubling of Lines, New Lines, Rolling Stock manufacturing like Wagons, Passenger Cars, Locomotives, Development of New Railway Terminals, Logistics Parks, Multi-Modal Freight Terminals, High Speed Corridors, Power Generation for Captive use, ICT, Catering, and Merchandising etc.

In the recently announced policy by Railways for development of Private Rail Lines, participants/developers can be State Government, Beneficiary Industries, Ports, Local Bodies, Corporate, including FDI.  Railways have proposed to do away with the transfer of assets to Railways on completion of lease, which has been a major hindrance in private investment.  ‘Non-Government Railway’ model is proposed to have first and last mile connectivity, which can be developed on private land and it will be a Non-Government Railway project.  Financing, Construction and Maintenance is to be done by the developer.

Revenues: Railways to pay user fees for usage of infrastructure, which is calculated at 95% freight computed on the basis of Inter Railway Financial Adjustment Rules after Cost of Operation and charges.

Indian Railways has also proposed Joint Venture, BOT through Competitive Bidding, DBFMT (Design, Build, Finance, Maintain and Transfer) and Annuity Models.

Challenges: Some of the key challenges however remain unanswered like Operations still vests with the Railways, Policy Support/Flexibility, Single Window & Timely Approval of Projects, Support during Long Gestation Period, Support in Land Acquisition/R & R, Funding etc.  .

Green Co-Gen Power and Bio Fuels through Integrated Cane Processing - a'XYKno Knowledge Axis

Green Co-Gen Power and Bio Fuels through Integrated Cane Processing - a'XYKno Knowledge Axis

Company in sustainable Green Co-Gen Power and Bio fuels through Integrated Cane processing technology with capacity of 6,000 TCD, Co Gen Power 32MW and Ethanol 60 KLPD . The company is promoted by well known listed company with revenues of Rs 800 Cr and Order book of Rs 2,000 Cr in field of EPC in Power. Company looking for Strategic investor for expansion to 90 MW of Renewable Power, 180 KLPD of Bio Fuels through 16,000 TCD of Sugar.

Expected Fund requirement ` 200 Crore (USD 40.82 Mn) [USD = ` 49]