The said agreement will become effective from Q1FY25.
The battery-swapping technology presents a significant opportunity for promoting sustainable electric mobility solutions.
About 20 nautical miles from Mumbai Anchorage, in the Shahbaj, Raigad district of Maharashtra, PNP Port runs multipurpose jetties.
Analysts of IIFL Capital Services have also assessed current positioning of potential reclassification candidates across the different market capitalisation oriented schemes vis-à-vis the weights in the key benchmarks.
Sumant Sinha established ReNew, which has a sustainable energy portfolio of 13.8 gigatonnes (GW) as of September 30, 2023.
Meanwhile, SG GRM rose by 35% to US$5.3/bbl in November vs US$3.9/bbl in October, driven by a strong recovery in gasoline and fuel oil cracks.
The company will use the money to repay IWL's current debt.
Deleveraging should resume from FY25 to drive a netcash position by FY26; which provides comfort on planned expansion capex, starting FY25.
U.S. West Texas Intermediate crude prices were up 18 cents at $73.22 a barrel, while Brent crude futures increased by 13 cents to $78.16 a barrel.
In early Asia trade, the US dollar slightly strengthened vs the yen to 147.23, supported by Tokyo's core consumer inflation slowing down, which put downward pressure on the value of the Japanese yen.

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