News & Bulletin Updates

The LNG industry with respect to India going to be in a bit of squeeze
8It is caught between a rock and a hard place
8Gas prices have fallen but the industry's woes are far from over
Find out what is going on.

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8The gloves are off when it comes to the appointment of independent directors in oil companies
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Nitric Acid Plant Expansion Project
8Cost: Rs 200 crore
8Project Event:The bid due date for the End to End study of the Mono Medium and Mono High Pressure Nitric acid plant has been extended from 29 March to 12 April 2023.before this Alvigo S, Casale SA, KBR LLC, and Thssenkrupp were in the race for Nitric acid plant for capacity enhancement.
Phosphate Rich Organic Manure Greenfield Project
8Cost: Rs 100 Cr.
8Project Event:The project is in initial stage, The company is planning to hire a project management consultant as well as an EIA consultant. RFQ for the consultant is likely to be released in May 2023.

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8Project Name: Anand District (except areas already authorized)  City Gas Distribution
8Project Cost: Rs 350 crore.
Click here for more details

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8Project Name: Panchmahal District City Gas Distribution
8Project Cost: Rs 250 crore.
Click here for more details.

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Rs. 660 crore greenfield hydroelectric project: EC granted
8Forest clearance stage 2 has been approved
8The construction of the approach road has been completed.
8Bid evaluation is in progress for the civil and HM works.
8RFQ for the civil works package (lot 1&2) is likely to be floated in Q2 2023.
Rs. 5720 crore greenfield hydroelectric project: RFQ ahead
8Forest clearance stage 2 is pending as local villagers have started protests regarding the construction of DAM.
8The geotechnical investigation and the topographical survey have been completed.
8RFQ for the civil works package (lot 1&2) is likely to be floated in Q2 2023.
Rs. 5017 crore greenfield  pumped storage project: Civil works package coming up
8Forest clearance stage 1 and stage 2 have been approved.
8Environmental activists have raised concerns as the project area falls in a wildlife-sensitive zone.
8RFQ for the civil works package is likely to be floated in May 2023.

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This domestic gas supplier is auctioning gas
8While the supply is for one year, the supplier said he could extend the tenure
Click on Details for more  

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The biggest barometer of a switch to gas-based generation will not be a government fiat to public sector companies to get that capacity going.
8For quick-start gas-based power is needed now as all our evidence from our power sector portal, energylineindia.com, seems to indicate that the grid is in a fragile state given large renewable energy generation.
8But one of the best indicators of a systemic change will be when this particular generator starts up its capacity.
Click on Details for why that is so

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Why are ONGC's offshore projects getting bogged down?
8Is it a systemic failure or is there more to it than meets the eye?
8What is the ONGC CEO doing?
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Is this the end of competition in the offshore E&P business?
8Yesterday proved that the business is now consolidated in the hands of just one company.
8Who is to be blamed for such a state of affairs?
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Get here the cotton prices for today
8China Cotton Index : 28-03-2023: 15191 Yuan (+10)
8Karachi Cotton Association Spot Rate: 28-03-2023: Pak 18700/- (Unchanged) 
8MCX - Cotton Future- (Candy) : 28-03-2023: Apr : 2023 : Rs. 61220 (+700) 
8ICE- Cotton Future: 28-03-2023: May : 2023 : $ 82.52 (+3.00)

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On March 29, 2023, Petrochem sources reported a fall in Spirodiclofen prices in the Delhi market.

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The price of Mancozeb has been reduced in Mumbai's imported market.

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The imported market of Delhi has seen a decrease in the prices of Triazolone.

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It has been verified that the cost of tricyclazole 97% has fallen in the Mumbai chemical market.

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According to Petrochem reports, the 97% cyhalothrin price in the Mumbai market has dropped.

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The price of carbendazim in the Ahmedabad market has increased due to strong demand.

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Today's Mumbai market saw a fall in the price of Glycerin CP.

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DMSO prices are increasing gradually in the Delhi market.

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According to Petrochem sources, 22% of nickel sulfate prices in the Mumbai market have fallen.

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Due to continuing product scarcity, atrazine TC costs in the Delhi market increased on March 29, 2023.

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Prices for glyphosate 95% TC in Mumbai have dropped due to weak regional demand, resulting in a decrease in buying activity.

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The Mumbai market experienced a surge in anhydrous hydrofluoric acid prices on March 29, 2023, due to the limited availability of the product.

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The price of diethanolamine in the Ahmedabad market rose on March 29, 2023, due to a shortage in product supply.

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Limited product availability has caused a surge in refrigerant R134a prices in the Mumbai market as of March 29, 2023.

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