Projects, Capacity & Operations – 7 Aug 2026

Capacity Bets Meet the Demand Test

Filatex advances Rs. 690 crore expansion toward October completion, but cautious buying leaves utilisation to prove the return

Cosmo plans 50% rigid-packaging capacity growth with little capex, but utilisation and mix must do the heavy lifting

Garware commits Rs. 191 crore to solar-control film capacity, but the supply arrives only in H1 FY28

The Silvassa addition and an 80%-utilised Punjab polymerisation unit now face a commissioning and demand test

All Time Plastics adds 14 machines and 1,500 tonnes, but its 75% utilisation target still depends on demand

Deepak Chem Tech commissions a Rs. 735 crore MIBK-MIBC plant, but customer ramp-up now replaces construction risk

Chemplast adds 7,000 tonnes of paste-PVC capacity, but monsoon demand and pending anti-dumping relief limit the near-term lift

Berger indicates Rs. 600–800 crore FY27 capex, but key plant work begins near the fiscal-year end

Terminals, Tanks and Refinery Decisions

Aegis awards Rs. 142.5 crore JNPA propane-tank work, but the filing leaves completion and handover dates open

Aegis puts Rs. 37.17 crore into Kochi liquid-storage works, but related-party execution still needs commissioning proof

Indian Oil reviews Rs. 33,023 crore Nagapattinam plan as petrochemicals challenge the greenfield refinery case

BPCL makes 47 deep boreholes and seismic testing the design gate for its proposed Kandla LPG terminal

Safety and Asset Resets

National Oxygen runs Puducherry gas capacity full, but proposed asset sales point to a smaller operating footprint

Chemplast contains the Karaikal EDC fire without stopping paste PVC, but imported feedstock raises the continuity cost test

Contracts Under the Execution Lens

HPCL pushes Visakh VR CDU3 optimisation into plant implementation while tender timelines remain internally inconsistent

Mecon undercuts EIL by 77.4% for GAIL pipeline consultancy as lump-sum execution risk shifts to L1

IOCL transfers Paradip hazardous-waste transport and treatment risk without guaranteeing minimum contract throughput

BPCL’s Kochi metallography contract combines specialist integrity work with no guaranteed call-off volume

CPCL makes ultrasonic correlation and shutdown speed the performance test for heater intelligent pigging