MetLife, Inc. today announced its full year and fourth quarter 2023 results.
Full Year Results Summary
Net income of $1.4 billion, compared to net income of $5.1 billion for the full year.
"Gas based Economy can happen on three pillars: decarbonization, ensuring competitive pricing for consumers, and through fiscal contribution to state and central coffers by stopping leakages from competing fuels," Jain said.
The new product will be an extension of the current 3-month LDC existing at IEX and is seen to be significant for its growth and expansion, as it would allow the exchange to claw significant volumes in the large market for long duration power from other platforms.
The new contracts, unlike the current three-month contracts, should help distribution companies to plan their procurement efficiently and well in advance