News & Bulletin Updates

Ammonia Brownfield Project
8Cost: Rs 200 Cr.
8Project EventStill discussion is ongoing, and RFQ for the Environmental Impact Assessment consultant is likely to be released at the end of November 2022
Ammonia Storage Tank Greenfield Project
8Cost: Rs 100 Cr.
8Project EventThe construction has started, erection work is ongoing for long lead items. Toyo engineering is the single bidder for the 10000 MT double-wall supply with associated facilities on an EPCC- LSTK basis. The project is likely to be commissioned in Q2 FY 2023-2024

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Rs 2000 crore  greenfield hydroelectric Power project: Civil works package( lot-2) in January 2023
8EIA/EMP report has been approved by MoEF.
8Hydrology report has been approved by CWC
8Consent of PPA as per CERC tariff has been obtained.
8Pre-bid meetings are yet to be conducted for the civil works package(lot-1)
8RFQ for the civil works package (lot-2) is likely to be floated in January 2023.
Rs 5535 crore greenfield pumped storage project: S/S works in Q1 2023
8Forest clearance stages 1 and 2  have been accorded by the DFO.
8CEA has approved the DPR of the project
8Contractor have been selected for civil, HM and EM work.
8Site preparation has been completed for the P/S works.
8RFQ for the 400kV S/S works is likely to be floated in Q1 2023.
Rs 11350 crore brownfield super-critical thermal power project: Ball mill system package in December 2022
8The project got delayed due to the slow progress in design and drawing by the contractors.
8BOP works are in the advanced stage of completion
8Civil works for railway siding have been completed.
8RFQ for the ball mill system package is likely to be floated in December 2022.
Get in touch with us for more on these projects

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Oct 27, 2022: Daily import matrices

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

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Get updates on the following mid-stream projects
8Sitarganj Greenfield LPG Bottling plant project
8Visakhapatnam POL Terminal Project
8Irugur - Devangonthi Petroleum Product Pipeline (BPCL)
8Kandla LPG Import Terminal

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8India’s vision to adopt EV mobility can only be achieved if we can address range anxiety, safety and fast charging
8The growing EV market represents an opportunity for both OEMs and disruptors to completely reimagine their supply chain operating models
8Here, technology can play a central role

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It just does not make sense for a gas-based power plant to expand capacity.
8The cost of gas is too high, and gas-based power cannot compete with coal-based power in the merit order system
8But why is this company planning an expansion?

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Here is a comprehensive analysis on
8Russian crude imports (which is still high)
8Petroleum products imports (which have gone up)
8Detailed company-wise analysis

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Every gas producer is trying hard to squeeze every bit of gas from their discoveries and offer it under auction
8But the pricing models are different, though eventually all of them will end up with the price that the market can take
8Here is one more auction with a different pricing model

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8This is a big decision by the PNGRB
8And with this, the regulator has decided to take action where it is needed

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Sulfate prices moved down in the Metal market of mumbai.

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Petrochem sources reported a fall in 65 brass offcut prices in the Ahmedabad metal market.

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Petrochem sources reported a significant fall in zinc oxide prices in the Ahmedabad metal market.

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Rubber accelerator grade TMTD prices have improved in the Delhi market, today.

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Ethylene glycol monobutyl ether  prices were quoted lower in the Mumbai chemical market today.

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On 22 Oct 2022, Petrochem sources reported BPA prices were higher in the Delhi market today.

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On October 22, 2022, Petrochem sources reported a fall in MEG prices in the Mumbai market.

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

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A rise in demand has lifted acetone prices in the Kandla market.

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Petrochem sources reported a significant fall in PTA prices in the Mumbai chemical market.

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An increase in toluene prices has been noted at Mumbai today.

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On October 22, 2022 low NPAC prices were announced at the Kandla market.

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A cut in benzene prices in the imported market of Mumbai was noticed on October 22, 2022.

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Ammonia-Urea Expansion Project
8Cost150 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released in December in place of September 2022, due to delay in the internal discussion. The company has elicited the environmental clearance for the project in January 2022.
NPK-SSP & Sulphuric Acid Expansion Project
8Cost: 15 Cr.
8Project EventThe Company is planning to release the RFQ for the contractor in Q1 FY 2023-2024. The environment clearance is in process. The company submitted the proposal for environmental clearance in August 2022

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Acrylic acid prices firmed up in Delhi in anticipation of tight regional product avails and improved buying sentiments.

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A fall in bright copper prices in the market of Delhi was noticed on October  21, 2022.

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