We expect a floor price of US$4.2/mmbtu, or that linked to JKM spot LNG (US$4.2-4.6/mmbtu in FY22-FY26E if US$1/mmbtu discount to JKM) to be soon introduced for APM gas followed eventually by phased deregulation over the next
As per media reports, Tata Motors saw highest sales since Mar’18 at ~18.6k units, up 154% y-o-y to become 3rd largest player for two straight months as incremental market share gains are driven by relatively better demand f
The in-principle approval by the NMDC board to demerge the steel plant, i.e. creating a separate listed company eventually with a shareholding akin to NMDC will be value accretive to the minority shareholders.
ACEM plans to set up WHRS plants at Darlaghat and Bhatpara (19.5MW at each location) at a capex of Rs 3.8bn by Q4CY21. Subsequently, the company may set up WHRS plants at Maratha and Ambujanagar in addition to solar plants to