Torrent Power Ltd and GAIL India Ltd. bought LNG for May delivery in the last week, with the fuel set to be used to help power plants boost generation, according to traders with knowledge of the matter. The utilities paid about triple the normal spot rate for this time of year, as Russia’s invasion of Ukraine exacerbates a global supply crunch.
While natural gas makes up just a small portion of India’s power mix, a scarcity of coal and hot weather has triggered, threatening to upend the economy. Gas was used to produce about 4% of the nation’s electricity in 2020, versus 71% for coal, according to BloombergNEF.
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Business Maverick: Beijing goes to extreme lengths to avoid Shanghai Covid woesChina’s capital is deploying an increasingly hardcore playbook to contain its nascent Covid-19 outbreak, from repeat testing of most residents to barring access to public places without a negative result as it seeks to avoid the chaos seen in Shanghai. I can't believe this I'm sure you have seen post about JonathanHele helping people, I gave her a try and I can boldly stand and tell everyone she is legit and real... It's likely to succeed... It barely worked with virus of r=3 and they face one with r=10. I'm really grateful for all the efforts you have render to me with my little investment of R10,000 and with joy over me after withdrawing R100,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07
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Business Maverick: Australian CEOs warn of skilled-worker shortage ahead of electionThe heads of two of Australia’s biggest listed companies have revealed what’s top of their wish-list for the country’s economy in the run-up to the May 21 election: more people. I'm really grateful for all the efforts you have render to me with my little investment of R10,000 and with joy over me after withdrawing R100,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07
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Business Maverick: Alibaba recovers after report on Jack Ma briefly erased $26 billionA brief bout of concern about the status of Alibaba Group Holding Ltd co-founder Jack Ma triggered wild swings in shares of the e-commerce company on Tuesday, underscoring continued investor anxiety toward China’s tech sector after a year-long crackdown. I'm really grateful for all the efforts you have render to me with my little investment of R10,000 and with joy over me after withdrawing R100,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07 I can't believe this I'm sure you have seen post about JonathanHele helping people, I gave her a try and I can boldly stand and tell everyone she is legit and real...
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