Brent crude, the global benchmark, slipped 12 cents to $65.22 a barrel by 0945 GMT, while US West Texas Intermediate crude eased 14 cents to $60.07.
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This is Pennar's first big achievement in the aerospace journey. The Indian aerospace sector is estimated to reach 70 billion dollars by 2030.
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The project Kharghar Vikhroli Transmission comprises of 34 km of 400 kV and 220 kV transmission lines along with 400 kV Gas-insulated Substation (GIS) at Vikhroli in Mumbai.
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75 per cent lanes will be accepting FASTag whereas 25 per cent 'hybrid lanes' will continue operating till the government enforces mandatory usage of Radio Frequency Identification (RFID) based FASTag for all.
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According to the statement, this will be Adani Transmission's first ever 400 kV substation facility in Mumbai.
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Brent crude, the global benchmark, climbed to $64.95 a barrel, the highest since Sept. 23, and as of 1000 GMT was up 71 cents at $64.91. U S West Texas Intermediate crude gained 52 cents to $59.70.
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Consumption of refined fuels, a proxy for oil demand in Asia's third-largest economy, totalled 18.77 million tonnes in the month.
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The Organization of the Petroleum Exporting Countries and other producers including Russia agreed last week to rein in output by an extra 500,000 BPD in the first quarter of 2020 to balance the market and buoy prices, but they stopped short of pledging action beyond March.
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