The Essar group is on a revival mode
8But then is it going a little over the top?
8The campaign style trumpeting needs to stop perhaps

RIL wins a major battle with the government and if it didn't, it would have upset the applecart quite a bit
8Much to its relief

It is now finally settled
8This new ammonia urea plant is indeed coming up
8It has start recruiting people

8There are some fresh instructions on import of urea by the government
Why was there the need for such instructions no one knows

Big companies are now stepping into the smart agriculture market
8Microsoft is one such company experimenting with AI now in India
8Also, lot of academic papers are now out on deep learning in agriculture.
8Clearly, this space is in for some dramatic change

8This government EOI for hydrogen is a little early in the day

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.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

8CBR - Asanur pipeline and linkage with existing CTMPL Pipeline (IOCL)
Work is going slow
8Malkapur POL Terminal Project (IOCL)
Commissioning delayed, some land acquisition is yet to be completed

Single Super Phosphate Greenfield Project
8Cost: Rs 10 Crore
8Project Event: The project has been halted due to an internal issue. For the greenfield project, the firm is seeking a new location. The project is expected to be activate in the first quarter of 2024. The corporation has obtained environmental permission for August 2022, and discussions are underway
Sulphuric Acid Greenfield Project
8Cost: Rs 50 Cr.
8Project Event: RFQ for the local contractor & services is likely to be released in Q 2 2023, due to delay in the internal discussion. The project has elicited the environmental clearance in March 2022.

8Project Name: Mirzapur, Chandauli and Sonbhadra Districts City Gas Distribution
8Project Cost: Rs 250 crore.
Click here for more details.
8Project Name: Raisen, Shajapur and Sehore Districts City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details

Petrochem sources reported a steep fall in Caprolactam prices in the Mumbai market.

On May 11, 2023, Unsaturated polyester resin LR prices were quoted lower in the Delhi market.

Demand for Ferrosilicon in the Delhi market has been strong, leading to an increase in its price.

A cut in silver prices in the Mumbai market was recorded today.

Soap noodles costs were found to be lower in the Delhi Domestic market.

Glycerine IP costs in the Delhi Domestic market have fallen significantly recently.

Glycerine CP prices in the  Delhi chemical market have dropped significantly, according to petrochem sources.

On May 11, 2023, the price of glyceryl monostearate 40% was increased in the Delhi market.

8The problem that India faces with green hydrogen and ammonia is the same faced by every country globally.
Find out what is common between India and the rest of the world.

 IOCL chairman Srikant Madhav Vaidya's tenure has been quite lackluster.
8But he inherited legacy problems, and then his hands have been tied up too.
8Within whatever room he had for maneuver, he did what he could.
8Will he be remembered as an outstanding CEO? Perhaps not

Urea Revamp Project
8Cost: Rs 220 Crore
8Project Event: RFP for the revamp project on EPC basis has been floated. Technical queries of bidders are resolved and final discussion with EPC contractors are still ongoing, which is likely to be finalized in Q2 2023. The company has submitted the final EIA report for Clearance in May 2022.
DAP Expansion Project
8Cost: Rs 20 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released in July 2023, due to delay in the internal discussion. The project has elicited capital approval as well as environmental clearance.

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

8Project Name: Dahej Vagra District City Gas Distribution
8Project Cost: Rs 350 crore.
Click here for more details.

Rs. 1650 crore 765kV D/C transmission line project: RFQ ahead
8The erection of the lattice tower is yet to be started.
8Application are pending at the Ministry of Highway for the transmission line.
8RFQ for the 765 kV GIS S/S works package is likely to be floated in July 2023.
Rs. 7000 crore greenfield hydroelectric project: Civil works coming up
8Forest clearance stage 1 and stage 2 have been approved
8The owner has selected a contractor for the construction of the main access tunnel and approach road construction
8RFQ for the civil works package is likely to be floated in June 2023
Rs. 1600 crore greenfield pump storage project: RFQ ahead
8Civil works contractor has started the mobilization of equipment at the site.
8Bid evaluation is in progress for the civil works package (lot 2)
8RFQ for the HM works package is likely to be floated in Q3 2023.

8Get the latest steel company filings here to stay up to date with what is happening
 Rain Industries Ltd