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MEDIA RELEASE

BSE LAUNCHES 'BSE POWER INDEX'

In the continued efforts of providing quality benchmarks, BSE announces launch of 'BSE Power Index' on the eve of 'Festival of Light'. The index aims to track the performance of companies engaged into the business of generation, transmission, distribution of electricity, companies providing power infrastructure, and manufacturers of equipments required for power generation.

Salient features of BSE Power index are as follows:

  • Base Date: January 3, 2005
  • Base Index Value: 1000
  • Calculation Methodology: Free-float Methodology
  • No. of Scrips on launch date: 14
  • Historical Values: Available since January 3, 2005
  • Represents about 90% market capitalisation of power sector companies from the list of BSE-500 index

Constituents of BSE Power Index as on 08/11/2007:

Code

Name

Full Mcap (Rs. Cr.)

FFF

FF Mcap (Rs. Cr.)

Weight in index

500103

Bharat Heavy Electricals Ltd.

136752.31

0.35

47863.31

22.15

532555

NTPC Ltd.

198262.19

0.15

29739.33

13.76

500390

Reliance Energy Ltd.

42299.82

0.70

29609.87

13.70

532667

Suzlon Energy Ltd.

54377.20

0.35

19032.02

8.81

500400

Tata Power Co. Ltd.

25797.06

0.70

18057.94

8.36

500002

ABB Ltd.

33209.22

0.50

16604.61

7.68

500550

Siemens Ltd.

29578.01

0.45

13310.10

6.16

500093

Crompton Greaves Ltd.

14836.78

0.65

9643.91

4.46

532898

Power Grid Corporation Of India Ltd.

62901.13

0.15

9435.17

4.37

532708

GVK Power & Infrastructure Ltd.

9143.25

0.75

6857.44

3.17

532754

GMR Infrastructure Ltd.

34159.59

0.15

5123.94

2.37

532779

Torrent Power Ltd.

8471.00

0.50

4235.50

1.96

522275

Areva T&D India Ltd.

10778.39

0.35

3772.44

1.75

500084

CESC Ltd.

4680.57

0.60

2808.34

1.30

Market Capitalisation

665246.53

 

216093.92

 


The index would be calculated and disseminated on a real time basis through BSE's trading terminal BOLT, BSE website and datafeed vendors effective November 9, 2007.

Presently BSE calculates and disseminates on a real time basis the sectoral indices such as BSE Auto, BSE Bankex, BSE Capital Goods, BSE Consumer Durables, BSE FMCG, BSE Healthcare, BSE IT, BSE Metal, BSE Oil & Gas, BSE Realty, BSE TECk.


Kalyan S. Bose
Head - Corporate Affairs

November 9, 2007

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