Total SA said it has invested Rs 3,707 crore in a solar energy joint venture with the domestic firm.
Shares of JSW Energy Ltd. traded 0.82 per cent up in trade at 11:38AM on Wednesday .
Here is how SMC Global expects commodities to fare today.
The stock quoted a 52-week high of Rs 8.4 and a 52-week low of Rs 1.75.
US West Texas Intermediate (WTI) crude rose $1.30, or 5.5 per cent, to $24.93 a barrel after dropping 9.4 per cent in the previous session.
Global oil demand has dropped by as much as 30%, or about 30 million barrels per day (bpd).
Similarly, in a meeting of bond holders in Singapore on April 6, the company got approval for resolution of outstanding USD 172 million worth bonds. The amount comes to around Rs 1,376.30 crore at exchange rate of Rs 75.67 per USD.
Vedanta didn’t name customers who have cut intake. Indian Oil, Nayara Energy and a couple of other refiners are Vedanta’s key oil customers. Vedanta produces a small quantity of gas and sells mainly to GSPC. The production has fallen to 160,000 barrels of oil equivalent per day (boepd) from 180-190,000 barrels.
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