As per the data by Petroleum Planning and Analysis Cell (PPAC) for July 2023, India's diesel consumption slipped 13 per cent m-o-m to 6.9 million tonnes (MT) on a provisional basis, while petrol consumption fell 9 per cent to 2.9 MT
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The credit facility is part of the USD 700 million revolving project finance facility tied up in October 2021 for its under-construction transmission assets portfolio, the company said in a release
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The company had earlier raised a primary round of Rs 1040 crore from a clutch of investors including family offices, HNIs etc
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He points out that the government can extend handholding and support to the emerging green hydrogen sector only when the sector is in the stage of infancy
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This is the seventh round of auctioning of mines for commercial mining - a total of 92 mines have been auctioned so far, which are projected to generate an annual revenue of approximately Rs 34,185 crore
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The company's total consolidated revenue is higher by 16.8 per cent at Rs 18,109 Crore in Q1 FY24 as compared to Rs 15,509 crore in Q1 FY23
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The contract comes after the government of India’s decision to grant marketing and pricing freedom for domestic crude oil, replacing the previous allocation mechanism
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The two plants are estimated to cost a total of Rs 21,547 crore
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