News & Bulletin Updates

8One drilling rig requirement is coming up

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8India’s trade gap with the United Arab Emirates ballooned fourfold in the May-June period, the first two months since the India-UAE free trade agreement came into effect, driven by a jump in oil and gold imports.

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8There is a possible candidate for the PNGRB chairman's job, according to the grapevine

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Aug 10, 2022: New FAI DG: More news

8Get the latest on the new FAI DG

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8Why is the Parliamentary panel unhappy about subsidy allocations in the fertilizer sector?

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Petrochem sources have reported a fall in propionic alcohol prices in the Hazira market.

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Hexane prices are demonstrating a robust increase in the Kandla chemical market.

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A significant fall in 22% nickel sulfate prices was recorded in Ahmedabad today.

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Gas prices are ruling so high, that it is near-impossible for a gas-based power company to get a buyer for the power that is generated
8So how is it that this set of gas-based power plants are making money?

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Rs 1600 crore greenfield hydroelectric project: Lot-1 pre-bid meeting awaited, RFQ for Lot-2 in October 2022.
8The MoEF&CC has granted WL clearance.
8GSI has granted the revised geotechnical investigation report.
8The hydrology report for the same was approved by the CWC
8The Pre-bid meetings are yet to conduct for the civil works package (lot-1)
8The civil works package ( lot-2) is expected by October 2022.
Rs 1600 crore greenfield hydroelectric project: HM works pushed back to September instead of July
8CEA has approved the revised DPR.
8The construction works were delayed due to local agitation.
8FC stage-1 and stage-2 have been granted by the DFO.
8The civil works contractors have completed the mobilization of equipment at the site.
8The HM works package was meant to come out in July but it has now been put off to September 2022 as there is some delay in engineering in the project.
Rs 15000 crore greenfield ultra super-critical thermal power project: switch yard package in Q4 2022.
8The MoEF&CC has approved the SIA report.
8The state government was trying hard to push the project
8Pilling and foundation work for NDCT have been completed and civil works are in progress
8Pilling works are in progress for the DM plant
8RFQ for the switch yard package is likely to be floated in Q4 2022
Get in touch with us if you want to know more about these projects

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Rubber accelerator Grade TMTD prices have climbed higher in Delhi.

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NPK Fertilizer Greenfield Project
8Cost: 1517 Cr.
8Project Event: The project is still on hold, due to an internal matter, It's looks like, the project will  not be going forward in the  Joint Venture mode. The new project plan is likely to come in Q4 2022-2023.
Single/Triple Super Phosphate Greenfield Project
8Cost: 25 Cr.
8Project Event: The project has elicited the environmental clearance, and internal discussion is ongoing, RFQ for the local contractor is likely to be released in October 2022

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8Oil prices eased on Wednesday after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand, though concerns over supply kept losses in check.

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EPDM grade 3072 prices registered a fall in the Ahmedabad market.

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A significant fall in zinc oxide prices was recorded in Ahmedabad today.

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Petrochem sources reported a sharp cut in ferro molybdenum prices in the Mumbai market.

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Copper pipe prices registered a rise in Delhi.

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An elevated trend is noticed in manganese oxide prices.

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An increase in dichloroethane prices has been noted in Kandla today.

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Petrochem sources from Delhi have reported a huge rise in tetrachloroethylene prices.

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Petrochem sources in Delhi have reported a significant rise in PBR grade 1220 prices.

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An elevated trend is noticed in C9 Solvent prices.

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MMA prices were assessed lower in the Kandla market today.

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Butyl acrylate monomer prices have escalated in the Hazira market today.

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8India’s plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday a Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat. 

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