News & Bulletin Updates

What is up with sulphur prices there days
8And what is ahead?

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8Petronet LNG has been accused of "stealing LNG" and making super normal profits from it
 Find out more

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The largest gas tender in the country -- for a massive 18 cargoes of LNG -- saw one bidder going about aggressively mopping up volumes
8Usually it is GAIL but not this time around

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In what was described as "really crazy", a domestic bidding frenzy saw the price of gas go up to, as a bidder said, "something I have never witnessed before".
8Find out more on what really happened, and how far did prices soar?

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8There is a non-ONGC tender for a jack-up rig coming up

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By how much is ammonia cost of production meant to come down over a period of time using hydrogen?
8How quickly can existing pipelines be used to ferry hydrogen? How much cost savings will be possible by repurposing exisitng pipelines?
8What is really interesting is that existing LNG terminal can also be repurposed for hydrogen traffic.
8And what can governments do to encourage hydrogen production?

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8ONGC's contracts in the KG-DWN-98/2 seem to smell of messy contracting
8And the company is paying a price of it

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This company, which hire drilling rigs and lends them forward, while also providing rig services, is not really in great shape
8It has faced a downgrade?
Why is that so, when the markets are looking up?

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Energy Saving-cum- Ammonia-Urea Expansion Project
8Cost540 Cr.
8Project Event: Majority of civil work has been completed, pre-fabrication, mechanical & piping works have been completed, pre- commissioning is ongoing, The project is likely to be commissioned in October 2022.
SSP Expansion Project
8Cost: 21 Cr.
8Project EventThe project is under environmental clearance, public hearing is likely to be started in October 2022, Talking with local contractor is ongoing for the equipment and services

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Rs 312 crore construction of 132 kV D/C Transmission Line: P/S works package in December 2022
8The identification of private land has been completed and the acquisition of private land is in progress.
8Forest clearance stage-1 was pending at the DFO.
8Approval from PTCC, civil aviation, and defense is in the process.
8Sev Engineering works are in progress for the 132 kV GIS S/S.
8RFQ for the P/S is likely to be floated in December 2022.
Rs 4035 crore greenfield hydroelectric project: SIA consultant in Q4 2022
8TOR has been granted by the MoEF.
8Forest clearance stage -1 is pending at the regional office and wildlife clearance is pending at the wildlife warden.
8R.S Envirolink has been selected as an EIA consultant.
8Drilling works at the site are in progress and drifting works are yet to be started.
8RFQ for the SIA consultant is likely to be floated in Q4 2022.
Rs 4700 crore greenfield hydroelectric power project: Civil works package(lot-2) in October 2022
8New agreement has been signed with the ADB for financial assistance.
8Forest clearance stage 1 and stage 2 have been approved by the DFO.
8The hydro-meteorological investigations (Discharge And Rainfall Measurement) report has been approved by CWC.
8The approach road construction was completed by the state PWD department.
8Civil works(lot-1) contractors have started the mobilization of equipment at the site.
8RFQ for the Civil works package(lot-2) is likely to be floated in October 2022.
Rs 11000 crore greenfield thermal power expansion project : Separator system package in November 2022
8Erection and installation of pressure parts of SG have been completed.
8Erection and installation of TG work are in the advanced stage for completion.
8Land acquisitions have been completed for transmission line works and fabrication works are about to start.
8RFQ for the cyclone separator system package is likely to be floated in November 2022.
Get in touch with us for more on these projects

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Get updates on what is up with these projects:
8Kharagpur Greenfield LPG Bottling Plant Project (IOCL)
8Grassroot POL Terminal Vallur (IOCL)

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Mixed-xylene isomer prices moved higher today in the Kandla chemical market.

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Petrochem sources have reported a fall in styrene monomer prices in the Hazira market.

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On September 23, 2022 Petrochem sources confirmed that NPAC prices had risen in the Kandla market.

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Asignificant fall in scrap tungsten wire grinder prices was recorded in the Mumbai metal market today.

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Petrochem sources reported a significant fall in butyl cellosolve prices in the Kandla market.

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Dibutyl phthalate prices are demonstrating a robust increase in the Kolkata chemical market.

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On September 23, 2022 Petrochem sources reported a fall in BAM prices in the Hazira market.

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On September 23, 2022 acrylonitrile prices were pushed higher in the Mumbai market.

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Good demand conditions have lifted 22% nickel sulfate prices in Delhi.

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Petrochem sources from Ahmedabad and Delhi have reported a rise in zinc oxide prices.

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Pure rhodium in the Mumbai market witnessed a steep hike today.

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Delhi has recorded high silver prices today. 

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A cut in DINP prices in the Mumbai market was recorded today.

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An elevated trend is noticed in DIBP prices.

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