THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, August 14, 2001

• AGRI-BUSINESS
• COMMODITIES
• CORPORATE
• INDUSTRY
• LETTERS
• MACRO ECONOMY
• MARKETS
• NEWS
• OPINION
• VARIETY

• INFO-TECH
• CATALYST
• INVESTMENT WORLD
• MONEY & BANKING
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Letters

Commodities
Investing in gold
With the fall-out of the US-64 scam, small investors have lost invaluable faith in supposedly safe investments.

Power
Captive power plants
The statement of Mr R. V. Shahi, Chairman and Managing Director, BSES Ltd (Business Line, July 9) that captive power plants (CPPs) do not make economic sense, is not correct. CPPs are vital for industry and, in fact, many industrial units could survive t he onslaught of severe economic recession because they had installed CPPs. They make good economic sense because of the following reasons:


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