Adani Ports to tap bond market for first time in more than two years: bankers
The company, which will tap the market for the first time since October 2021, has invited bids from bankers and investors on Monday, they said.
The company, which will tap the market for the first time since October 2021, has invited bids from bankers and investors on Monday, they said.
"We had four ships in the first quarter (April-June) and similarly we are expecting four such shipments in the quarter that ends in September," Prakash said.
The electricity output remained almost flat and saw a growth rate of 0.9 per cent in May and improved marginally to 4.2 per cent in June this year.
"The company is working towards opening up new frontiers, one of them being shale gas exploration. This will help the firm in consolidating its position as one of the largest unconventional hydrocarbon player in the region", the spokesperson said.
India aims to build 140 gigawatts (GW) of wind capacity by 2030, which could power about 100 million homes - part of its wider goal to install 500 GW of renewables by the decade's end.
Brent futures fell 76 cents, or 1.1 per cent, to $71.57 a barrel by 0002 GMT. The global benchmark on Wednesday posted its lowest settle since December 2021.
EU Allowances (EUAs) are expected to average 86.17 euros a tonne in 2023 and 96.19 euros in 2024, a Reuters survey of seven analysts showed. That is up 5.9 per cent and 2.2 per cent respectively from forecasts made in January.
Net profit for the first three months of the year was 4.13 billion yuan ($596.56 million), up 410.9 per cent from 808.41 million yuan a year earlier, on revenue up 79.8 per cent at 120.17 billion yuan, the company said in a stock market filing.
The losses were mainly because domestic rates were frozen while the international prices had hit sky-high. International prices had flared last year due to a combination of demand surge, temporary refinery capacity shortage and supply uncertainties induced by the Ukraine war.
During the quarter, total revenue stood at Rs 6,442.8 crore, up 71 per cent against Rs 3,767.4 crore in the year ago period. At the operating level, Ebitda rose 53 percent to Rs 1,527 crore in the third quarter of this fiscal over Rs 1000 crore in the year ago period.
India expects utilities' coal demand to reach 821 million tonnes in 2023-24, according to the presentation. The government official said that would be about 8 per cent more than demand during this fiscal year.