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Trading data for last week from MCX, the largest commodity exchange in India, shows that of the five CFI contracts available on MCX, trading took place only for the December 2008 contract. Open interest on the traded contract reached an all time low of nine contracts on the last three trading days. Cerus Corporation, a biomedical products company, focuses on developing and commercializing the INTERCEPT Blood System to enhance blood safety. It markets platelet and plasma systems through its direct sales force and distributors in the United States, Europe, the Commonwealth of Independent States, the Middle East, Latin America, and internationally.

We are in the process of identifying strategic investors for NGEL and plan to complete the process in the current fiscal. Your Company has been carefully monitoring the fuel supply situation and has taken corrective actions on a continuous basis to ensure energy security for the country by ensuring reliable fuel supplies. This has been done by arranging maximum possible coal supplies from domestic sources, ramping up coal production from captive mines and sourcing imported coal to ensure that no station is starved of fuel. While resumption of economic activity and the revival of investment have driven demand, supply has been challenged by availability issues and logistics bottlenecks. Globally, the fuel prices have increased significantly, and this has made Energy Security the topmost priority for every nation. The current price (which shot up today to Rs. 171) gives SRF a trailing P/E of 4, and the growth prospects look good enough to move the EPS to beyond 50 at least.

They made Rs. 43.2 EPS in FY 2007, and going forward just the CER inventory looks good generate a good growth. Now I don’t know if SRF will continue to sell CERs and generate revenue, or if the CER market will remain this buoyant. But SRF looks poised to earn bumper profits from just CER sales, apart from its regular belting, refrigerant gases and technical textile business . Carbon Credits are being traded on the European Climate Exchange, at the current price is 22 Euro per CER.

With 10 projects to get commissioned over the next 18 months and interest rates at a peak,… The Swiss-based multinational company, along with the security agency Securitas AG, which it… Investments in securities market are subject to market risk, read all the related documents carefully before investing. Nu Investors Technologies Private Limited do not provide any investment advice. NUUU – A smart finance toolkit; is a modern fintech app that helps investor/trader’s make informed and smart decisions. Whether one is looking to trade in stocks, invest in MFs or buy insurance.

Corporate Actions

The Company had led an appeal with the National Company Law Appellant Tribunal , New Delhi on 18th January, 2018 against the NCLT order dated 21st December, 2017and the said appeal has been withdrawn by the Company on 8th March, 2018. The Company had led an application with National Company Law Tribunal for getting extension of time for repayment of Deposits and NCLT has passed the order on 20th October, 2016 granting extension of time to the Company for repayment of Deposits. Further, since 21st August, 2018 the Company is under Corporate Insolvency Resolution Process. The powers of Board of Directors and Committees are suspended under Insolvency & Bankruptcy Code, 2016. Details in respect of frauds reported by auditors u/s 143 other than those which are reportable to the Central Government. Vinod Kumar has resigned from the Directorship on 1st May, 2018 and has led his resignation with MCA in Form-DIR-11.

The Resolution Professional has requested the authorities to waive o these penalties. Pursuant to Regulation 24 of SEBI , 2015 the Secretarial Audit Report of Material Subsidiary i.e. SRS Entertainment India Ltd. has also been annexed to this report as Annexure – I . Now, the requirement to place the matter relating to appointment of Statutory Auditors for rati cation by members at every Annual General Meeting has been done away with by the Ministry of Corporate A airs, New Delhi vide its noti cation dated 7th May, 2018.

Datafeed

Statkraft, in 2016, along with its Indian partner Malana Power Company Limited, became the first RE Generator in India, to register its 86 MW hydroelectric project with I-REC Standard and deal in I-RECs. Notably, I-RECs can be also traded internationally, as the registry for I-RECs is located outside India. Therefore, such RE Generators can easily transfer I-RECs to entities outside India. However, a reduction in the floor price and the forbearance price of RECs in power exchanges due to a demand-supply mismatch of RECs has caused RE Generators to opt for other lucrative environmental attributes. Additionally, bilateral trading of RECs was not permitted under the Erstwhile CERC REC Regulations. With majority companies aligning to the carbon neutrality goal under COP 21, the market for voluntary carbon credits has grown in recent times.

The current spike in the price is not on very big volumes, but the stock moved in the later half of the day and is worth looking at. Given that they are looking at being issued about 38 lakh CERs every year, they should have an inventory of about 74 lakh CERs, which can yield about 830 cr. As revenue – for this, we can assume around 40% margin (giving 60% to costs for future CER generation) – meaning that additions to profits would be 332 cr, or Rs. 49 per share. Get access to our equity, fixed income, macro and personal finance research, model equity and fixed-income portfolios, exclusive apps, tutorials, and member community. GST was introduced in India effective 01st July, 2017 and is basically is a consumption based tax.

The Indian Government is planning to invest US$ 1.83 billion for development of airport infrastructure along with aviation navigation services by 2026. India has achieved the target of 40 per cent of its installed electricity generation capacity being from non-fossil energy sources, an official statement said recently. At COP 21, as part of its Nationally Determined Contributions , India had committed to achieving 40 per cent of its installed electricity capacity from non-fossil energy sources by 2030.

Explained: Why this might be the best time to take a gold loan?

While the average daily volume traded on the Exchange increased in February 2023 by 5% month-on-month , the overall volume declined 5% MoM due to lesser trading days vis-a-vis the previous month. The electricity volume on the Exchange in February 2023 at 7673 MU, registered 6% decline on year-on-year basis and 7% MoM basis. The overall volume on the Exchange during the month was 8200 MU, degrowth of 7% on YoY basis.

• Profit after tax is Rs. lakhs for the year ended March 31, 2021 as compared to Net Loss of Rs.82,815 lakhs in the previous year.
• The exchange of carbon credits, though intended for protecting the global environment, is not a charitable activity alone.
• Also, as per lings made by the Company from time to time with stock exchanges, there have been certain regulatory non-compliances w.r.t. the Companies Act, 2013 and the Listing Obligation and Disclosure Requirements of Stock Exchanges.
• In a recent conference in Chennai, 20 stocks were presented, and we run you through what we thought of the lot.
• The average clearing price in the Day-ahead market was Rs 3.83 in October, which was lower by 32% on MoM basis and 52% on YoY basis.

The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued. USA Import data reveals the international trade transaction for USA import and overseas suppliers. Your Company takes proactive steps to ensure sound corporate governance and is committed to ethical corporate practices based on conscience, transparency, fairness, professionalism and accountability. Our core values embody the spirit of sound governance and act as a guiding beacon for the employees and management. Your Company saw “Nil” audit observations from Controller and Auditor General of India for FY21 and also for FY22. Your Company is working on multiple fronts and multiple models to realize the targeted capacity addition in the Renewables.

CERS Historical Price

https://1investing.in/. engages in the research, development, and manufacturing of biomedical and surgical products. The company was founded by Laurence M. Corash and John E. Hearst on September 19, 1991 and is headquartered in Concord, CA. The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities. Our unique USA import dashboard will help you establish trade relation between Importer and Exporter. Our customized dashboard save your precious time by populating desired query in fraction of seconds.You can save your query, Download the results and perform analysis at same place in no time. Your Company incurred a Capex of Rs 21,035.87 crore on a standalone basis and group capex of Rs 34,490.55 crore.

• It is pertinent to mention that that the period of low dispatch of power from our stations and “supply overhang” in the country seems to be over.
• A separate company under the NHAI named National Highways Logistics Management Limited has been incorporated to carry out development of the MMLPs and works related to National Highway connectivity for ports.
• NTPC, through its wholly owned subsidiary, NGEL, has set an ambitious target of building a renewable generation portfolio of 60 GW over the next decade to aggressively pursue its green energy business.
• Full access to our intuitive epaper – clip, save, share articles from any device; newspaper archives from 2006.
• The Companys total expenditure, comprising of Cost of Operation, Employee Benefit Expenses and other administrative expenses, decreased to Rs.25,859 Lakhs for the year ended March 31,2021 from Rs.90,931 lakhs for the year ended March 31,2020.
• Auditors are unable to comment on the appropriateness of the carrying value of such investments and other amounts recoverable and their consequential impact on the financial results for the year and the financial position of the Company as at 31stMarch, 2019.

However this recommendation may not be relevant in view of the introduction of GST in what is return on investment post 2017. The fact that trading in carbon credits or CERs involves high voluminous transactions, taxability of income from carbon credits seems imminent for resident taxpayers. Litigation would arise specially in the case of non-resident taxpayers whose activities in India lead to the generation of carbon credits overseas. In such cases, the issues of creation of a business connection or permanent establishment in India would have to be examined. Further, only the profits attributable to Indian activities would be taxable in India under section 115BBG. The Green Certificate Company has been recognised by the I-REC Standard to issue I-RECs in India.

Absolute Power

The role of CDM itself in a future climate change regime remains uncertain. A constant complaint about CDM projects is that they have failed to meet the criteria for sustainable development. The threshold issue to address in the carbon credit regime is what tax consequences flow from the generation of the carbon credits themselves.

The Clean Energy Challenge seeks to bring businesses, governments and organizations together to provide green and safe energy to forcibly displaced populations. Today, more than 90% of refugees living in rural areas have very limited access to modern, reliable, and clean sources of energy. Specifically, fossil fuel based energy is causing a large burden of disease and mortality through emissions of toxic air pollutants, such as fine particles, acid gases and heavy metals.

On March 26, 2007, the Indian Energy Exchange Limited was established in Maharashtra as a public limited company. There are two power exchanges in India, but Indian Energy Exchange has a vast majority of the market due to its automated platform for trading electrical goods. The DAM accounts for a large share of the Exchange’s energy contract volume. The Exchange is a digital trading platform open to anyone throughout India.