Vedanta Limited (NYSE:NYSE:VEDL) Q4 2022 Earnings Conference Call April 28 2022 7:45 AM ET Company Participants Sandep Agrawal - Head of Investor Relation Sunil Duggal - Chief Executive.
Coal auctions for regulated and non-regulated sectors likely to be clubbed by ministry
7Newswire
09 Jun 2021, 23:33 GMT+10
It is expected to promote transparency and encourage public-private partnerships in the mining sector. The industry is likely to benefit from the mining pact of NLC and Adani Group in Talabira along with Vedanta s winning bid for Radhikapur mine.
Indian coal sector is expected to affiliate all spot auctions for regulated and non-regulated sectors to finalise market-determined uniform price for every grade. As of now, under the category of regulated sector, special auctions are held for the power sector whereas, separate auctions are held for different sectors.
Domestic equity indices advanced for the sixth consecutive day on Wednesday, December 31, 2020. The Sensex at the Bombay Stock Exchange gained 133.14 points, or 0.28 per cent, to close at 47,746.22. The Nifty 50 advanced 49.35 points or 0.35 per cent, to post another record high of 13,981.95. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Thursday, December 31, 2020. List of such five stocks:
Pfizer/AstraZeneca: The Subject Expert Committee (SEC) in Central Drugs Standard Control Organisation (CDSCO) that met on Wednesday to consider the Emergency Use Authorisation (EUA) request of Pfizer, Serum Institute of India (SII) and Bharat Biotech Pvt Limited said that the vaccine will not be given authorisation “yet” as more data is needed. Moreover, the SEC will meet again on January 1, 2021, to discuss over approving a COVID-19 vaccine for emergency use in India.
Why Hydrogen?
The idea of using hydrogen as an energy carrier is not new but this time there is hope that hydrogen will finally make a difference to energy supply and emission reduction. Part of the reason is that the hydrogen-electricity (“hydricity”) model is expected to be far cheaper than an electricity only model for decarbonisation of the energy sector. Apart from balancing intermittency of renewables, hydrogen can also facilitate decarbonisation of heavy industry (iron & steel, chemicals, cement, shipping and long-haul surface transport) which has proved to be a challenge for electricity from renewables. The progress made in reducing the cost of producing low carbon hydrogen is also another reason for the revival of interest in hydrogen.