News & Bulletin Updates

A.N. Wires is engaged in the manufacturing of Galvanized iron (GI) wire, Mild Steel (MS) wire, black annealed wire, stay wire, concertina wire, barbed wire and interlinked chain fencing
8Since the company has not provided information to the rating firms, the stability of the company cannot be commented on

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Direct Reduced Iron ironmaking processes are regarded as a key part of steel making’s lower-emissions future. The ability of DRI to use green hydrogen as a reducing agent, rather than metallurgical coal, means that investment in DRI is expected to expand significantly going forward.
8Steel companies are increasingly seeking to develop technology that uses 100% hydrogen

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8The grapevine has it that Toyo has said "no" to this naphtha to ethylene cracker unit

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8With increase in domestic gas production, emergence of new terminals and higher LNG prices, Petronet LNG is in a bit of a spot these days
8High prices are forcing consumers to seek alternate fuels, and that is biting not just Gujarat Gas, a retail consumer but also PLL

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There are 12 different gas pipelines under construction in the South
8And many have faced local agitations and delays in completion
8Find out what their latest completion dates are

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ONGC is stepping up its deepwater foray
8And more jobs are being handed out
8Meanwhile, Cairn India too has lined up a lot of work

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Aug 09, 2022: Vacancy coming up

8There is a director's vacancy coming up

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Despite the turmoil in the CNG industry, Torrent is keen on the business
8Says it will spend a whopping Rs 11,000 crore

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Russia had pumped in a lot of fertilizers into India
8Find out what how much it is

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8How is the global DAP market behaving as of now?
8What can be expected out of the market?

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8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 crore
Get in touch with us should you need more information

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8Project Name: Varanasi District City Gas Distribution
8Project Cost: Rs 300 crore
Get in touch with us to gain access to this database

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EPDM grade 6405 prices have moved up in the Mumbai market, today.

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On August, 9 2022, a cut in hot rolled coil grade-IS 2062 E250 1.6*1250mm prices were recorded in Delhi today.

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Checkered steel coil (2062 3.0 * 1250 mm)prices were assessed lower in the Mumbai market today.

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A fall in pickled steel coil (grade:E250 4.0 * 1500 mm*C) prices were recorded in Ahmedabad today.

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Copper rod prices registered a rise in the market of Delhi.

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Petrochem analysts reported a sharp fall in butyl acrylate monomer prices in the Hazira chemical market.

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An increase in butyl cellosolve prices has been noted in Kandla today.

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Petrochem sources confirmed that hexane prices have slipped in the Kandla market.

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Rs 10000 crore greenfield super-critical thermal power station project: Railway siding package-5 in October
8Construction of railroads from coal mines to the project site is in progress.
8Land demarcation and equipment mobilization works have been completed
8Civil and structural, architectural, and excavation works for BOP are in progress
8PT plant works and CW system works have just started
8The railway siding package-5 is likely to be floated in October 2022.
Rs 5000 crore greenfield pumped storage project: Civil works package(lot-1) in Q4 2022.
8The forest clearance Stage-1 was accepted and stage-2 is pending at DFO.
8Drilling and drifting works for the same have been completed.
8SIA report is not yet approved.
8PMC selected for the project
8The civil works package(lot-1) is likely to be floated in Q4 2022.
Rs 3000 crore greenfield hydroelectric power station : EM works in October 2022.
8The revised CAT plan has been accepted by the State Government.
8Forest clearance st-1 stage-2 has been granted DFO.
8Private land acquisition and the public hearings have been completed.
8The civil and HM works contractors have been selected.
8The contractors have started the mobilization of equipment at the site.
8The EM works package is likely to be floated in October 2022.
Rs 30 crore construction of 220 kV S/C on D/C Tower : EPC package in Q4 2022.
8The forest clearance is pending at the nodal office for the diversion of 4.4476 Ha of forest land.
8A detailed survey and investigation were completed and a soil test was completed for the tower side.
8Private land acquisition was conducted for the transmission line
8EPC package for the transmission line is likely to float in Q4 2022.
Get in touch with us if you want to know more about these projects

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Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Project Event: Paharpur Cooling Tower & Paltech Cooling Tower in the race for the supply of Cooling Tower and Cooling Water Treatment Package the technical bid has been open and financial is likely to be open at the end of August 2022. The tender for construction of 220 KV LILO GIS as well as construction of Ash Pond and allied services has been cancelled due to lack of bidder likely to retender in September 2022. 
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project Event: The RFQ for the ammonia storage tank with associated facilities has been cancelled due to lack of a suitable bidder. The RFQ is likely to re-released in September 2022

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8India's fuel demand in July rose 6.1 per cent year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday. Consumption of fuel, a proxy for oil demand, totalled 17.62 million tonnes in July, down 5.7 per cent from 18.68 million tonnes in June.

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8Prime Minister Narendra Modi will inaugurate Indian Oil Corporation’s Rs 900-crore ethanol plant on August 10.

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8Shares of Bharat Petroleum Corporation Ltd (BPCL) on Monday fell by over 3 per cent after the company reported a net loss of Rs 6,291 crore in the first quarter of the current fiscal.

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