Investors globally reacted positively after the lower-than-expected November CPI inflation in the US which came at 7.1% YoY and only 0.1% MoM.
US consumer inflation has now fallen a full 200 basis points from the peak of 9.1% recorded in the month of Jun 2022. Since then, the glide path of US inflation has trended lower and the YOY inflation has come in at 7.1% for November 2022.
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,
This forms part of the first phase of capacity expansion announced in December 2020, as informed earlier by the company.
ACSL will commence its business operations in due course, the company said.
The company is targeting to become Net Debt free in the next 12 months.

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