News & Bulletin Updates

EIL CMD Vartika Shukla did manage to push down the price of the EPC-02 project for the proposed Mongolia refinery
8Find out what the prices were for those who put in their bids

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Is India interested in a big deal for the Driftwood LNG project of Tellurain LNG?
8The size of this deal could be very large, if it happens

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8BHEL makes a headway in the refinery sector

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8The erosion of marketing exclusivity is not hampering the progress of established city gas distribution players
Why is this so?

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8Tag Offshore is not in a very cooperative mood
Find out why?

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8Shell is proposing a more modest expansion of capacity of its LNG terminal

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Sep 26, 2022: Gas consumption down

Monthly LNG imports have plunged.
8And and so has overall gas consumption

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We have updates on the following mid-stream projects:
8Asanur Greenfield POL Terminal Project
8Grassroot POL Terminal Vallur (IOCL)
8Koyali-Ahmednagar-Solapur Product Pipeline Expansion Project

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Nano Urea Green field Project
8Cost257 Cr.
8Project Event:  The viability of the project is being assessed by preparing a Techno-economic feasibility report (TEFR) through a consultant. It requires environmental clearance from MoEF & CC and the company is in the process of getting the same. In parallel, project Management Consultant is also being lined up
NP (20:20:0:13) Fertilizer Expansion Project
8Cost: 220 Cr.
8Project Event30% of the construction has been completed. The erection work for long lead item is still ongoing. Installation is likely to be started in November 2022. The project is likely to be commissioned in December 2023. The company has hired Nuberg for the supply of Design Detailed Engg, Procurement, Supply, Erection, and Commissioning

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Rs 310 crore Construction of 400 kV DC T/L: S/S works package in October 2022
8Private land acquisition has been completed for the erection of the tower.
8The application for forest clearance stage-2 is pending at the regional office.
8PMC has been selected.
8Erection and installation works are about to start for P/S works.
8RFQ for the 132/33 kV S/S works package is likely to be floated in October 2022.
Rs 720 crore greenfield hydroelectric power project: EM works package in November 2022
8FC stage 1 and stage 2 have been approved by MoEF.
8Civ Mobilization of equipment is about to start by the civil works contractors.
8Major civil works contractors have shown interest in pre-bid meetings for HM works. Technical bids are yet to be started.
8RFQ for the EM works package is likely to be floated in November 2022.
Rs 18700 crore greenfield thermal power project : Unit transformer package in Q4 2022
8New sub-contractor has been selected for the ACC works.
8AHP contract has been terminated by the EPC and re-tendering is in progress.
8EPC has been selected for the power evacuation system.
8Sub-contractor has been selected for the Stacker reclaimer works.
8RFQ for the Unit transformer package is likely to be floated in Q4 2022.
Get in touch with us for more on these projects

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The Mumbai market, today, saw a significant rise in rhodium prices.

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Supply overhang has reduced chromium metal prices in the Delhi market.

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PoP prices were much higher in the Ahmedabad market today.

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Lauric acid climbed higher in the Delhi market today.

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Adipic acid prices witnessed a sharp cut in the Mumbai market.

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A fall in glyceryl monostearate prices in the imported market of Ahmedabad was noticed on September 26, 2022.

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Tetrachloroethylene prices were assessed lower in the Delhi market today.

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On September 26, 2022, isobutylene prices were pushed higher in the Mumbai market.

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Carbon black grade N330 prices have moved higher today in Ahmedabad.

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Mancozeb 75% prices have witnessed a sharp fall in the Mumbai market.

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On September 26, 2022 carbendazim (50%) prices registered a hike in the Ahmedabad market today.

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Chlorpyrifos 97% prices in the Delhi market registered a cut today.

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Petrochem sources reported a steep fall in C9 solvent prices in the Chennai chemical market.

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Petrochem sources reported a significant fall in styrene monomer prices in the Kolkata market.

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Acetonitrile prices were assessed lower in the Mumbai market today.

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