We have more information on the RIL's petrochemical expansion from what we wrote yesterday
8There is now confirmation on the mode of contracting and what is next

These are all offshore projects, divided into eastern and western offshore.
8Get a granular picture of the projects that are coming up
8And if you an offshore vendor, this is of great significance and it will keep you going for a long time if you can slice off this huge pie

ONGC has laid down norms for what kind of vendors are needed for their $7 billion offshore investment.
8What kind of technical and financial qualifications are being sought
8Find out whether you can qualify

Price cap on gas by Europe
8Will it work?

Oil prices are trading at the lowest level since early October.
8But they are likely to go back up to $100/bbl and above

8A smart new way of using flared gas or isolated gas has now come up

8A case has been made out here against the use of LNG-powered ships. There are cleaner options available
8Retired officers needed
8A market opportunities for new technology conference is coming up

Ammonia Storage Tank Greenfield Project
8Cost: Rs 100 Cr.
8Project Event:  Feasibility study by conducting Impact Assessment and Soil Investigation has been out and bid due date is 12 Dec 2022, 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.
Sulphuric acid Tank Greenfield project
8Cost: Rs 100 Cr.
8Project Event: The project is in the initial phase, and discussion is ongoing, RFQ for the LSTK contractor is likely to be released in Q2 FY 2023-2024

Rs 4000 crore hydroelectric project: New promoter starts work after L&T drops out
8WAPCOS is preparing the DPR of the project. Application for forest clearance stage-1 is pending at the nodal office and wildlife clearance is pending at the wildlife warden. The consultant has started the preparation of the EIA/EMP report. Preparation of tender is in progress for thePMC package. Further bids are expected soon.
8RFQ for the PMC package is likely to be floated in Q1 2023.
Rs 18,700 crore thermal power plant: Contractors drop out
8Chinese sub-contractor had dropped out of the project taking project authorities into a spin.
 8Cooling Towers sub-vendor is dragging its feet over the project
 8Find out what is next with the project
 Rs 6930 crore pump storage project: Protests mar project
8Villagers have ganged up despite a high court order
8Even so, tender preparation is afoot
8RFQ for the civil work package is likely to be floated by Q1 2023
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8What was unique about this urea tender that was completed by NFL?
8And what is happening with urea prices?

SBS Grade LG411 prices registered a fall in the imported market of Delhi.

BIIR grade 2222 prices were assessed higher in the rubber market of Mumbai.

Bright aluminium wire prices firmed up in Mumbai in anticipation of tight regional product avails and improved buying sentiments.

Bright copper prices were assessed lower in Delhi today.

22% nickel sulphate prices were assessed much higher in the Mumbai market.

A significant fall inpalm wax prices was recorded in the Delhi chemical market today.

Petrochem sources reported a fall in phosphorus trichloride prices in the Delhi chemical market.

Petrochem sources reported an increase in square steel pipe prices in the Mumbai steel market.

DEG prices have increased at Hazira.

A significant fall in N-butanol prices in the Mumbai chemical market was reported by Petrochem sources today.

MEG prices firmed up in Mumbai in anticipation of tight regional product avails and improved buying sentiments.

A significant fall in IPA prices in the imported market of Kandla was recorded today.

A sharp cut in cyclohexane prices in the imported market of Chennai was recorded today.

On November 24, 2022, Petrochem sources reported a fall in electrolytic copper rod prices in the Mumbai market.