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

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

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

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

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

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

Ammonia-Urea Expansion Project
8Cost: 150 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 Event: The 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

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

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

Get an update on the following midstream projects:
8Barmer–Palanpur Greenfield Product Pipeline project (HRRL)
8GAIL Bokaro - Angul Gas Pipeline Project
8Malkapur POL Depot Greenfield Project

Rs 10500 crore greenfield super-critical thermal power project: DeNOx system package in December 2022
8Civil works have been completed for railway siding works.
8Civil works for BTG are in an advanced stage of completion.
8Construction work is getting disrupted by locals frequently.
8Sub-contractor has been selected for the chlorine dosing system
8RFQ for the DeNOx system package is likely to be floated in December 2022.
Rs 6400 crore greenfield hydroelectric project: Civil works package(a lot-2) in Q1 2023
8Modification of DPR has been approved by CEA and CWC.
8Forest clearance stage-2 has been approved by DFO.
8PMC has been selected for the project. (Find out more about who it is)
8Pre-bid is about to be conducted for the civil works package(lot-1).
8RFQ  for the civil works package( lot-2) is likely to be floated in Q1 2023
Rs 5850 crore  greenfield  combined multipurpose project: Civil works package in Q1 2023
8Forest clearance stage 1 was pending at the DFO and forest clearance stage 2 is pending at the nodal office.
8WAPCOS has completed the preparation of the DPR and the report is under examination by CWC.
8PMC has been selected for the project.
8RFQ for the Civil works package is likely to be floated in Q1 2023
Rs 325 crore construction of 400KV Transmission line: P/S works package in November 2022
8The route alignment has been completed to avoid forest and wildlife areas.
8Approval from PTCC, railway, civil aviation, and defense is yet to be granted.
8Forest clearance stage -1 is pending at the nodal office.
8Private land acquisition is in progress for transmission line works and several meetings have been conducted for the transmission line.
8RFQ for the P/S works package will likely be floated in November 2022.
Get in touch with us for more on these projects

A cut in glyceryl monostearate prices in the Ahmedabad market was recorded today.

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

Adipic acid prices were quoted lower in the Delhi chemical market today.

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

PEG prices in the Ahmedabad market registered a fall today.

On October 21, 2022 anionic surfactant prices were much pushed higher in the Mumbai market.

Robust demand has lifted propylene glycol prices in the Kandla market.

A significant fall in butyl acetate prices was recorded at Mumbai today.

On October 21, 2022, Petrochem sources confirmed that BGE prices had risen in the Kandla market.

A sharp fall in 2EHA prices in the imported market of Kandla was recorded today.

8The average global temperature in 2021 was about 1.1°C above pre-industrial levels, and it was the seventh consecutive year in which global temperature had been over 1°C above these levels
8According to the IPCC, to limit global warming to 1.5°C, the remaining carbon budget is less than 500 Gt CO2
8This means that we have eight years left to keep warming to 1.5°C
8So, clearly, the clock is ticking. Find out what needs to be done on an emergency basis

8In some parts of the world, including India, coal-based hydrogen production using carbon capture and storage (CCS) could well play a role

National Green Tribunal upholds dilution of environmental approval norms for kick-starting new coal projects.
8Environmentalists are unhappy
8Environmental lobby's arguments not considered, claims opponents

8New research has shown that availability of low-cost capital, solar PV capital costs of at least $250/kW, and battery storage capacity costs at least 50% cheaper than current levels will be required to phase out existing coal power plants by the middle of the century in India