The French energy giant has stakes in assets such as Adani Total Gas Ltd. and Adani Green Energy Ltd. which represent 2.4% of the French firm’s capital employed last year.
EIL’s order book as of December 2022 stood at Rs 78,656 crore, 57 percent of the company’s order book was made up of consultancy projects while the remaining were turnkey projects, according to an investor presentation made by the company on February 4.
Buyers have shifted some transactions to the currency, according to people with direct knowledge of the matter. Payments vary from cargo to cargo, depending in part on the demands of specific traders, said the people, who requested anonymity as the details are private.
Tata Steel owns the UK's largest steelworks at Port Talbot in South Wales and employs around 8,000 people across all its operations in the country. The company had sought 1.5 billion pounds from the UK government to execute its decarbonisation plans.
The procurement crossed Rs 1.5 lakh crore on February 1.
A record government borrowing programme amid tightening of liquidity conditions has led to talk of the need for the Reserve Bank to buy the bonds through open market operations in 2023-24