On May 17, 2023, petrochem sources reported a fall in Maleic Anhydride prices in the Ahmedabadi market.

Cyclohexanone prices have dropped in the Delhi market.

On May 17, 2023, aniline prices in the imported market of Delhi experienced a sharp fall, with imported repack prices dropping from Rs.189/Kg to Rs.184/Kg, marking a slip of Rs.4/Kg.

8ONGC Videsh Raises $500 Million In Foreign Currency Loan
8Oil and Natural Gas Corporation Limited (ONGC)’s overseas arm, ONGC Videsh has reportedly raised a loan worth $500 million in foreign currency.

8The north east personnel postings by oil companies have come under increasingly critical scrutiny.
8Those within and outside of the region claim there is outright bias how such policies are devised

8RIL has cut gas quantity to be sold

That India is a price sensitive market is evident to everyone
8Low gas prices are leading to a rise in LNG imports despite higher gas availability

The EV revolution was meant to directly compete with CNG from CGD entities
8But for now that threat is not there
Find out why  

The jackup rig market has been on an unprecedented upswing since 2020
8And excess supply and all but disappeared
8This means day rates are expected to stay resilient despite slower macro economics

It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
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8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

8The Mumbai High Redevelopment-V project has seen some developments

Sulphuric acid Plant Greenfield Project 
8Cost: Rs 400 Crore 
8Project Event: The project is in initial phase and internal discussion is ongoing, RFQ for the LSTK contractor is likely to be released at the end of August 2023. The investment is in line with the company's long-term objectives to secure key raw materials for its fertilizer production and reduce import dependence considerably. 
8Cost: 200 Cr. 
8Project Event: The company is still talking with a local contractor, which is likely to be finalized in Q2 2023. Construction is likely to start in Q2 2023. 

Rs. 11736 crore greenfield standalone pumped storage project: RFQ ahead
8Wildlife clearance is yet to be granted
8Techno-Economic Clearance has been approved
8RFQ for the civil works package is likely to be floated in Q3 2023
Rs. 3000 crore greenfield hydroelectric power project: Civil works ahead
8The geotechnical investigation and topographical survey report have been approved
8PMC has been selected.
8RFQ for the civil works package is likely to be floated in Q3 2023
Rs. 5700 crore greenfield hydroelectric power project: RFQ ahead
8The hydrology report has been approved.
8Forest clearance stage 2 is pending at DFO
8RFQ for the civil works package (lot-1) is likely to be floated in July 2023

8Vedanta is in good position on coal stocks
8Find out how has it been possible

8Patran Transmission Company Ltd does not fulfil any of the eligibility conditions for grant of a transmission licence
8But a licence can be granted
8Find out how?

8What is a Distribution System Operator (DSO)
8And how will DSO reduce dependency on fossil fuels?

8Coal India imports high-capacity equipment worth around Rs 3500 crore and pays Rs. 1000 crores as custom duty for importing machinery
 8A high-level committee has been formed to boost domestic manufacturing of Heavy Earth Moving Machinery (HEMM) and Underground mining equipment

8Kishtwar Transmission Ltd gets a licence to establish an "inter-State transmissions system for evacuation of power from Pakaldul HEP

8Roshni Powertech Pvt Ltd had sought Renewable Energy Certificates (RECs) for the period from August, 2012 to May, 2014

8Solar PV module manufacturers have been selected for setting up a 39600 MW manufacturing capacities

8Sonal Shrivastava is the new CFO, who brings with her over 26 years of financial leadership experience from various sectors, as the company enters its next phase of growth

8Steel companies in India are lagging behind global firms in meeting net-zero targets, and are seeking government support to invest in low-carbon technologies

8RINL has shortlisted approximately 10 companies from the 29 bids received, including 6 foreign firms, and will soon be floating tenders

8Titan Tires’ CEO Paul Reitz has been named an Entrepreneur Of The Year 2023 Midwest Award finalist

8Hankook Tire reports robust sales growth, expansion in the EV tire market, and increased supply of original equipment