News & Bulletin Updates

8The JV will be focused on state-of-the-art motion control solutions for 2,3 and 4-wheeled EVs in India

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8The coveted fellowship is aimed to document & preserve traditional knowledge of communities

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8The aim is to diversify the sources of key steel-making raw materials, for which the country is heavily dependent on imports

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8What is expected next from RIL for its multi-billion dollar petrochemical expansion?

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This complete gasification unit to produce hydrogen was built in India
8Quite a milestone

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Those bidding on behalf of sellers of gas have a different take on the perception that both gas prices and allocations were possibly rigged a few times on account of which a committee to scrutinize complaints was formed.
8The system is transparent, it is explained

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8An E&P spent of a massive $6.8 billion has been approved
8But spender keen on avoiding monopoly bidding

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NPK-DAP Greenfield Project
8CostRs 987 Cr.
8Project Event: Authorities are likely to release the tender for LSTK contractor in Q1 FY 2022-2023. There has been some delay in internal discussion. The project has already elicited the environment ministry clearance in August 2021
Sulphuric acid Greenfield project
8Cost: Rs 400 Cr.
8Project EventThe discussion is ongoing, RFQ for the LSTK contractor is likely to be released at the end of December 2022. The company has also signed a technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions)

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Rs 15400 crore greenfield super thermal power project: Separator system in December 2022
8The project was further getting delayed due to the slow work progress by contractors in the air-cooled condenser
8Erection and installation of ESP have been completed
8RFQ for the separator system package is likely to be floated in December 2022 by EPC.
Rs 680 crore  greenfield pumped storage project: EPC package is likely to be floated in Q1 2023
8Forest clearance is not required for the project.
8DPR and EIA consultants have been selected.
8Geotechnical investigation and topographical survey have been completed for the project.
8RFQ for the EPC package is likely to be floated in Q1 2023
Rs 11,500 crore greenfield multipurpose project: SIA consultants is likely to be floated in January 2023
8The project was getting delayed due to issues with hydrology and DPR
8Preparation of new DPR is in progress.
8Consultant has been selected for EIA/ EMP study.
8RFQ for the SIA consultants is likely to be floated in January 2023.
Get in touch with us for more on these project

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Silver prices (99.99%) were assessed higher in the Mumbai market.

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Rhodium prices were quoted lower in the Mumbai metal market today.

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Robust demand has lifted zinc oxide prices in the Delhi market.

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On November 23, 2022, Petrochem sources reported a fall in trichloroethylene prices in the Mumbai market.

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On November 23, 2022, Petrochem sources reported a fall in sodium fluoride prices in the Delhi market.

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On November 23, 2022, anhydrous hydrofluoric acid prices were pushed higher in the Mumbai market.

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Methylcyclohexane prices were assessed higher in the Delhi market today.

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Petrochem sources reported a fall in propylene glycol prices in the Mumbai chemical market.

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Bisphenol prices have moved lower in the Ahmedabad market.

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BGE prices firmed up in Kandla in anticipation of tight regional product avails and improved buying sentiments.

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Petrochem sources confirmed that VAM prices have slipped in the Hazira market.

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A significant fall in BAM prices in the Kandla chemical market was reported by Petrochem sources today.

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8The per capita consumption of chemicals is one-tenth of the global average, leaving a large scope for consumption growth

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8The joint project is designed to enable the mechanical recycling of end-of-life single-use surgical instruments molded in glass-fiber reinforced Ixef polyacrylamide (PARA) from Solvay’s portfolio of specialty polymers

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8TCFD was established in December 2015 as a task force of the Financial Stability Board (FSB) in order to prevent climate risks from destabilizing the financial market

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8The fuel company Preem will use the delivered oil as a raw material for production tests to determine how suitable it is for the production of different biofuels

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