On September 2, 2022, naphtha prices were registered to drift down in NW Europe owing to sluggish demand trends in the region.

Petrochem sources from Ahmedabad reported a hike in the prices of nylon yarn FDY grade 75D/72F.

Precipitated silicaprices gained in Mumbai in anticipation of tight supply crunch and improved buying sentiments.

8Find out why carbon capture is now a dead horse

On September 2, 2022, Delhi witnessed a rise in butyl rubber grade 1675N prices.

This is a new geenfield POL terminal and LPG plant
8DFR is being prepared

Triazolone (95%) prices have registered a hike in the Delhi market today.

On September 2, 2022 high fipronil (95%) prices were announced in the Ahmedabad market.

Pymetrozine (97%) prices were reduced in the Mumbai market today.

Acetamiprid (97%) prices were up in the Ahmedabad market today.

Find out why the fortunes of Essar Bulk Terminal and its counterpart in Paradip are on the rise
8Clearly the jinx has been broken

On September 2, 2022 imidacloprid (97%) prices fell in the Delhi market.

Chlorpyrifos 97% prices in the Delhi market registered an increase today.

GST rates have been revised
8And the heat will be felt in offshore E&P contracts

The price of crude oil in NW Europe was at $92.36/barrel (FOB) for Brent with a fall of $3.28/barrel.

This particular gas auction is attracting a lot of bidders
8As many as 20 potential bidders
8But there is a problem here: it seems that there is no cap on the bidding parameters, however the sale price is restricted to ceiling price, so it is likely that all bidders "will attempt to put maximum quantity and max bidding parameters which they can possibly offer and hus, practically there would not be any limit in bidding."
8Find out what the reply to this query was

Rs 350 crore construction of 400kV Transmission line : S/S package in October 2022
8The detailed survey and investigations have been completed.
8Forest clearance stage -1 is in progress at the nodal office.
8Soil test was completed for both transmission line and substation, pooling station
8Meetings have been conducted with the private land owners for the project.
8RFQ for the 400 kV GiS S/S line is likely to be floated in October 2022.
Rs 650 crore greenfield hydroelectric power project : EPC package for the T/L works in October 2022.
8The civil works package contractor has carried out the removal of slide deposits in the desalting tank area.
8The excavation of the diversion HRT tunnel and bifurcation of two HRT was completed.
8The erection and installation of TG units, and the first unit's oil lubrication system test were completed.
8RFQ for the EPC package for the transmission line works is likely to be floated in October 2022.
Rs 1050 crore greenfield hydroelectric project: Civil works package (lot-1) package in November 2022
8The issue of the local protests at the site was being resolved by the Government.
8The project is being financed by the JICA group
8The forest clearance stage -1 and stage 2 have been accepted by the DFO.
8The hydrology report has been accepted by CWC and DPR is yet to be approved by the CEA.
8RFQ for the civil works package (lot-1) is likely to be floated in November 2022.
Rs 9500 crore greenfield ultra-super-critical thermal power project: AHP package in Q4 2022
8Pilling and foundation work at the BTG sites have been completed.
8Contractor selected for the civil and infrastructure works.
8Sub-contractor selected for NDCT works.
8The bidding is under progress for Wagon Tipler works.
8The RFQ AHP package is likely to be floated in Q4 2022.
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Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project
8Cost: Rs 257 Cr.
8Project Event: The public hearing has been completed, in November 2021, The company has hired EQM as an environmental clearance consultant. The environmental clearance is under process. The RFQ for the LSTK contractor is likely to be released in November 2022, for the Sulphuric acid plant.
NPK-SSP & Sulphuric Acid Expansion Project
8Cost: Rs 15 Cr.
8Project Event: The company has submitted the proposal for environment in August 2022,The company has already elicited the clearance from State Pollution, RFQ for the local contractor is likely to be released in November 2022

Find out why India should act very quickly indeed not to miss the hydrogen bus
8Also, what needs to be done

There is now a differential between global spot prices and domestically traded gas in India. A big one at that.
8What is this on account of?
8Is it market imperfection? Or is it that such gas prices are unaffordable?
8Then again, clearly, the most prized volumes are those which are price capped

This company had a gas offtake deal through a auction process
8But it has now renegotiated the gas rate
8Is it legal?

8Big deal deals have happened

There has been a crucial reshuffle in the DOF
8And these are crucial for the industry

8One Rock Phosphate shipment has arrived on 31 August 2022
8Two Sulphuric acid shipment has arrived on 31 August & 2 September 2022
8One MOP shipment is coming on 05 September 2022
8One Urea shipment is coming on 06 September 2022

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