The procurement is being considered as a temporary arrangement to ensure uninterrupted electricity supply and reduce dependence on more expensive emergency purchases
Adani Enterprises submitted three applications for urea projects. Gallantt Ispat applied for a direct reduced iron and syngas project, while NTPC proposed a synthetic natural gas project
The company allotted 50.11 lakh equity shares to 42 anchor investors at Rs 632 apiece, the upper end of its IPO price band
The proposed IPO will comprise entirely fresh shares, with parent Sembcorp Industries not selling any stake through the offering
