8This is in response to a range of environmental, technological, and human-resource challenges
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8The European Commission has granted conditional approval for a proposed 11 billion euro acquisition of an engineering polymer unit
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8One factor aiding prices is production cuts, which have resulted in falling inventory levels
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8The plant is expected to start operation in 2025 and has an annual capacity of 2.1 million tonnes of DRI/HBI
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There were no takers for this chemical project on BOO basis
8So the owner is trying the conventional way out
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LPG is making a dramatic raid on the hegemony of natural gas.
8And if the spread between gas and LPG continues at the level it is today, it can wipe out the gas supply industry.
8There are a whole of competitive suppliers now trying to break the monopolies of gas suppliers
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Gas-based power projects are seeking to be revived
8But in a rather unconventional way
The future however remains uncertain
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A new type of managers have taken over this private E&P company.
8Harvard Business School kinds
8And they are ambitious
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The proposal for a unified tariff for pipelines got a lot of traction recently
8The important point is that some thorny issues got sorted out, with the PNGRB admitting that the current policy format will be an interim one, but some others were left unanswered
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Jack-up rig prices are likely to firm up, it seems
8Will the ONGC tender see a big hike?
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What kind of ammonia prices are prevailing of late for ammonia?
8And what kind of future price behaviour can be expected?
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8One DAP shipment is coming on 15 October 2022
8One Phos acid shipment is coming on 19 October 2022
8One Rock Phos shipment is coming on 20 October 2022
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There are two fertilizer projects
8One is a Rs 6000 crore ammonia plant. Contracting is ongoing, get more details here. Find out when it is getting commissioned
8Then there is an ammonia project, worth Rs 4150 crore, nearing completion
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Rs 6000 crore greenfield multipurpose project: Pre-bid awaited for civil works package (Lot-2)
8Forest clearance stage 2 has been granted by the MoEF.
8The hydrological report has been approved by the Ministry of Water Resources
8Bidding is in progress for the civil works package (lot-1). Get the names of the bidders here. Megha Infrastructure & Engineering is one of them
8Pre-bid meetings are yet to be conducted against the tender for the civil works package(lot-2)
8RFQ for the HM works package is likely to be floated in December 2022
Rs 3200 crore greenfield hydroelectric project: PMC selected
8GSI has approved the geotechnical investigation and topographical survey.
8The hydrology report has been approved by the CWC.
8Modification of DPR is in progress as per the revised e-flows parameter.
8Forest clearance stage-1 and stage-2 are pending at the regional office.
8PMC has been selected for the project. Find out who it is.
8RFQ for the Civil works package(Lot-1) for the main plant is likely to be floated in Q1 2023.
Rs 125.5 crore construction of 765 KV Transmission line: Conductor package in November 2022
8Land acquisition has been completed at all the locations of the transmission line
8Erection and fabrication of lattice towers are in the advanced stage of completion.
8Contractor have been selected for S/S and P/S works.
8RFQ for the ACSR moose conductor package is likely to be floated in November 2022.
Construction work delayed in Rs 10500 crore greenfield thermal power expansion project: Chlorine dosing system in November 2022
8PG test has been completed for BTG.
8Civil works have been completed for the Railway siding.
8Sub-contractor has been selected for the absorber system.
8Construction works have been delayed due to a steel price hike, and a dispute between the sub-vendor and EPC.
8RFQ for the Chlorine dosing system package is likely to float in November 2022.
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Petrochem sources, on October 13, 2022, confirmed a fall in benzene prices in the Mumbai market.
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Petrochem sources reported a significant fall in ferrosilicon prices in the Delhi market.
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On October 13, 2022, Petrochem sources reported a fall in EPDM grade 960 prices in the Mumbai market.
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On October 13, 2022 Petrochem sources reported a fall in pine oil prices in the Ahmedabad market.
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On October 13, 2022 low zinc oxide (99.90%) prices were announced in the Mumbai market.
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On October 13, 2022, glycerin prices were pushed too high in the Ahmedabad market.
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Petrochem analysts reported a significant fall in MEG prices in the Mumbai market.
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An increase in MEK prices has been noted at Kandla today.
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A sharp fall in MIBK prices in the imported tanker load market of Kandla was registered today.
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A steep rise in emamectin benzoate prices was recorded today in Delhi.
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