News Overview

The NCDs have been priced at an annual interest rate of 8.805%.

To reduce its carbon footprint, IEX voluntarily cancelled CERs (certified emissions reductions) from clean projects registered under the UNFCCC.

With this, standalone installed and commercial capacity of NTPC has become 58041.27 MW.

The acquisition will enable Dalmia to expand its footprint into the Central Region,

ACSL will commence its business operations in due course, the company said.

This forms part of the first phase of capacity expansion announced in December 2020, as informed earlier by the company.

The company is targeting to become Net Debt free in the next 12 months.

Cost of acquisition is Rs90 crore, the Company mentioned in a filing on Tuesday.

U.S. West Texas Intermediate (WTI) crude futures decreased by 30 cents, or 0.4%, to $75.09, reversing a prior session gain of 3%. At $80.30 a barrel, Brent crude futures were down 38 cents, or 0.5%.

According to the data, urea output was 250.72 lakh tonnes in 2021—2022, up from 246.05 lakh tonnes in 2020—2021 and 244.58 lakh tonnes in 2019—2020.