News & Bulletin Updates

8In the Ahmedabad plastics and chemicals market, Precipitated Silica (Producer RMC, Grade Superfine) witnessed a price decline

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8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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8Tokyo will fund up to $408 million for the project
8The project is led by Power Finance Corporation
8Assam Bio Ethanol will run the refinery in Golaghat
8The move is part of the bilateral energy partnership

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8The board approved shifting coal assets to NTPC Mining Ltd
8Six coal blocks will move under a slump sale
8Approvals and phased execution are targeted within a year

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8ONGC posts record PAT of ?35,610 crore in FY25
8New wind assets were acquired through ONGC Green
8A JV with NTPC added large solar and wind capacity

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8Appointment of cost auditors for the FY 2025-26 [GSFCL]
8Investor presentation for FY 2025-26 [KCFL]
8Intimation for appointment of secretarial auditor of the company [APFL]
8Intimation of work order received by Aarvi Encon Limited [Aarvi]
8Agromet advisory service bulletin for the state of Haryana [IMD]
8Execution of contract agreement with Gujarat Narmada Valley Fertilizers & Chemicals Limited [STL]

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8Investor presentation [Vedanta]
8Change in senior management [BPCL]
8Business responsibility and sustainability report for the financial year 2024-25 [LIL]
8Annual report 2024-25 [LIL]
8SEAMEC vessel “SEAMEC SWORDFISH” off-hired due to breakdown; rectification underway [Seamec]
8Afcons names new leadership: Shapoorji Mistry as chairman emeritus, Krishnamurthy Subramanian as executive chairman, Pallon S Mistry joins board [Afcons]
8A seven-director shuffle at EIL

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

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8Project Name: Morena District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

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8It is bandied around that the green ammonia price that has been discovered via the auctioning route is only 10% higher than current grey ammonia price (CIF India price).
8And this means that the price is now "near parity" with grey ammonia
8We are arguing that the prices are still one-and-half times that of grey ammonia

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8Here's what's happening today in the E&P, midstream-downstream, and CGD section

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8GAIL imported 141 cargoes, its highest ever
8Dabhol terminal turned all-weather with a new breakwater
8A fifth LNG carrier, ‘GAIL Sagar’, joined the fleet

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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
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo

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8FInd out more

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8Bidders sought relief on plot size, civil works and regulatory studies in IOCL’s Barauni VRU package. IOCL rejected most, shifting scope firmly onto EPC contractors. Only pump and blower type flexibility was conceded, under full performance liability.

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IOCL extends Digboi DR-1.0 cross-country pipeline tender deadlines
8IOCL’s Digboi refinery cross-country pipeline tender has been pushed out by 13 days. Submission now closes on 16 September, with technical opening on 17 September. The shift hints at bidder overload given the scale of mechanical and pipeline specifications, with execution risks if Part-A/Part-B awards diverge.
BPCL Kochi polypropylene tower internals tender extended thrice as EIL imposes 70% sitework pricing rule
8BPCL’s Kochi polypropylene package for unengineered tower internals has seen three deadline extensions. EIL’s commercial amendment replaced payment terms and imposed a mandatory 70% sitework/supply ratio. With Sulzer the lone pre-bid participant, bidder appetite appears tested by tightened cashflow conditions.

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Cooling tower tender sets FRP 2 × 1,050 m³/hr bar and 18-month clock for HPCL Mumbai Refinery LMBU project
8EIL has invited two-part e-bids for HPCL’s LMBU cooling tower package with FRP induced-draft counter-flow cells sized at 1,050 m³/hr. The BQC is flagged as “tentative,” hinting at recalibration after the pre-tender meet. PPP-MII eligibility applies, but MSE purchase preference is out — tilting the field to capability.
OMCs front-load compliance and quality gates in biodiesel B-100 empanelment
8IOCL’s biodiesel empanelment tightens the screws on documentation and lab conformance before a single kilolitre moves. A mandatory NABCB Type-A TPIA check now sits alongside an integrity pact enforced by IEMs. Quantity and negotiation controls further tilt leverage to the buyer without stretching vendor cash cycles.
GAIL tightens liquidity and lifetime integrity norms in pan-India pipeline augmentation ARC tender
8GAIL’s latest rate contract for cross-country pipeline and CGD hookups is not business as usual. MSME bidders face a cashflow wall, and QA/QC demands have escalated to 100% inspection. With 40-year cathodic protection and SCADA-linked TRUs, contractors inherit risks stretching well beyond execution.
Petronet LNG pre-tender meet set for high-capacity electric heater at Dahej PDH/PP complex
8PLL has called vendors for a pre-tender meeting on its Dahej PDH/PP electric heater package. The scope is tightly engineered, from ASME-stamped fabrication to nitrogen-purged transport. But unusual clauses on spares, tools and certificate relaxations could reshape bidder pools.

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8Find out who it that clinched the deal

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8Two bidders faced off
8The award raises questions about lifecycle risk loading and policy-driven compliance costs that only the SOW can answer.

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KBC edges out McKinsey and BCG in NRL refinery performance consultancy award under tightened liability terms
8NRL’s refinery performance improvement consultancy drew bids from KBC, McKinsey and BCG, with spreads above 100%. The client softened experience thresholds but imposed uncapped liability and GST-linked payment traps. The outcome signals how OMCs are rewriting consultancy risk-reward equations.
Mixed pricing in OEM liaison award as Satna clears 32.5% above estimate while Indore/Raipur sit at parity.
8IOCL has split the Madhya Pradesh–Chhattisgarh OEM liaison into three clusters and found three different L1s. Two CFAs cleared almost on the estimate while Satna printed a steep premium. The SLA-heavy contract structure will now test last-mile execution discipline more than bid math.
Vijay Tanks wins BPCL Kochi desalter revamp as EIL tightens tax/customs guardrails — BPCL/EIL
8A three-way domestic contest ended with Vijay Tanks at Rs 10.89 crore, ahead by 17.2% over L2. EIL’s bid sheet leans harder on GST-ITC clawback and “no variation” on BCD/SWS, pushing compliance and customs risks to vendors. The site-work floor at 15% signals zero tolerance for paper-thin field quotes.
Mantec takes L1 in BPCL Kochi sulphuric acid and SAF EIA consultancy as LD halved and scope burden shifts
8BPCL’s Kochi EIA consultancy has been awarded with a striking 48% price gap between L1 and L2. Consultants now shoulder public hearings and baseline risks, but liquidated damages have been softened. The balance of obligations, penalties, and payments marks a shift in BPCL’s downstream procurement playbook.
Urja Bio System wins Pathmeda CBG upgrade PMC with a 481.1% gap to L2 in HPCL Pathmeda CBG plant
8HPCL has moved fast on a CBG reliability fix at Pathmeda, awarding the PMC on a two-packet GeM run. The winning price is a fraction of the runner-up’s, pointing to starkly different reads of scope and risk. The SOW’s performance guarantees and sand-control engineering will decide whether this low bid holds in execution.
GMM Pfaudler edges Patels Airtemp by 0.5% in high-flux heat exchanger tender — Petronet LNG PDH-PP, Dahej
8A zero-deviation, NDA-gated package drew a two-horse race at the top and risk-loaded bids below. High-flux tubes remain free-issue, shifting vendor effort to integration and fabrication. Payment gating via ABG/CPBG and a 17-month FOT-site timeline nudge liquidity and logistics to the fore.

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8Find out who the bidders are

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8Find out more

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8The pre-bid minutes show OIL saying yes to integrity and safety, and mostly no to capex-light shortcuts.
8Electrical top drive, three pumps, and buffer tank stay non-negotiable.
8The calendar gets more breathing room, but the spec envelope does not

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