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Tuesday, December 31, 2019

Company update 31.12.19 (Last day of 2019)

ADANI GREEN


Adani Renewable Energy (GJ) Limited, a stepd.own subsidiary of Adani Green Energy Limited ("AGEL") has commissioned its 75 MW Wind Power Project having Power Purchase Agreement ("PPA") with Maharashtra State Electricity Distribution Company Limited ("MSEDCL") at Rs. 2.85/kWh for a period of 25 years. Commercial sale of power from the Project to MSEDCL is expected to commence w.e.f. 1st January, 2020.

With this, 2.50 GWac of renewable energy projects are operational. AGEL has total 5.29 GWac portfolio of renewable capacity in India, out of which 2.79 GWac projects are under implementation.

HERO MOTOCORP


HERO MOTOCORP INTRODUCES COUNTRY’S FIRST 100-CC BS-VI MOTORCYCLE – HF DELUXE BS-VI POWERED BY PROGRAMMED FI WITH ‘XSENS TECHNOLOGY’

ATTRACTIVELY PRICED @ RS. 55,925/-

INDOCO REMEDIES


Indoco receives Approval for Febuxostat Tablets from USFDA

Indoco Remedies received  final approval of its ANDA  for Febuxostat Tablets 40 mg and 80 mg, which is therapeutically equivalent to the Reference Listed Drug (RLD), viz.,  Uloric Tablets 40 mg and 80 mg of Takeda Pharmaceuticals U.S.A., Inc.

The market size of Febuxostat tablets in USA is over USD 500 million.

Febuxostat  is  used  for  the  treatment  of  gout caused  by  excessive  levels  of  uric  acid  in  the  blood  (Hyperuricemia).  Febuxostat  prevents  the  production  of  uric  acid  by  blocking  the  activity  of  the  enzyme  (xanthine oxidase)  that converts purines  to uric acid. Uric acid  forms  crystals in jointstissues, causing inflammation and pain. Hyperuricemia can cause kidney disease and kidney stones as  well.