News & Bulletin Updates

8Find out why LNG prices are unlikely to come down soon

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RIL is hiring a deepwater rig
8Find out what the latest rate is, and how does it compare with the rate established through an ONGC tender

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Clearly, COVID and financial difficulties have hit this offshore contractor badly
8So much so that the contract had to be handed over to someone else

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This ONGC contractor is refusing to do the remaining work unless change order money is paid.
8And the public sector E&P major, with little leverage at this point in the project, is likely to pay up

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The next price revision is in October, 2022
8What kind of price increase can be expected?
8Which sectors are going to be hit the most?

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What is holding up the opening of bids for CPCL's Nagapattinam refinery?
8It not the fault of either the promoters, IOCL and CPCL or the PMCs involved
Find out what the real problem is

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Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost: 1375 Cr.
8Project Event:The project is still waiting environmental clearance, it is likely to be elicited in August 2022, due to delay in the discussion. RFQ for the LSTK contractor is likely to be released in September 2022.
Ammonia Greenfield Project
8Cost: 2773 Cr.
8Project Event: The project is still in the initial phase, EIA study is ongoing, Proposal for the environmental clearance is likely to submitted in Q3 FY 2022-2023. RFQ for the EPC contractor is likely to be released in Q3 FY 2022-2023

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8Project Name: Sirsa, Fatehabad and Mansa Districts City Gas Distribution Project
8Project Cost: Rs 350 crore

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The next price revision is in October, 2022
8What kind of price increase can be expected?
8Which sectors are going to be hit the most?

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Rs 4500 crore supercritical thermal power brownfield project: Switchyard package ahead
8The civil works were completed for BTG and ESP units but structural works are in progress for the same.
8AHP package was awarded to M/S MacawberBeekey Pvt. Ltd.
8The erection and installation of pressure parts are yet to start for BTG
8The Switchyard package is likely to be floated in September 2022.
Rs 350 crore construction of 132 kV D/C on S/C T/L project: P/S works package ahead

8The detailed survey and investigation were completed for lattice tower erection
8The detailed engineering works were completed for sub-station works.
8Private land acquisitions were completed for the lattice tower
8The P/S works are likely to be floated in August 2022.
Rs 14000 crore greenfield Hydroelectric project : Civil works package ahead
8The forest clearance stage-2 is pending at the nodal office.
8The CWC has approved the hydrology report.
8The drilling works are completed and drifting works are in progress at the site.
8The civil works (lot-2) package is likely to be floated in Q4 2022.
Rs 11030 crore standalone pumped storage project: EM works package RFQ ahead
The forest clearance stage-2 is pending at the DFO
8The WL clearance was approved by the wildlife warden
8The pre-bid meetings for the EPC package of electro-mechanical works package in August.
8The HM works package is likely to be floated in Q4 2022
Speak to us about accessing these projects

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8India’s insatiable appetite for discounted Russian oil is eroding the dominance of traditional suppliers from the Middle East to Africa and the US in one of the world’s most lucrative markets.

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8India is the third largest consumer of oil in the world and is placed behind United States and China.

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The Russia-Ukraine war may end up impacting urea production in India
8And this in turn will raise imports

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Molybdenum wire prices were much higher in the Ahmedabad market today.

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8Energy major Oil and Natural Gas Corporation Limited (ONGC) on Tuesday signed a memorandum of understanding (MoU) with Greenko ZeroC Private Limited (Greenko), to jointly pursue opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen.

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8Coal has been on a steady decline in most developed countries for the past decade. But in 2021, it roared back.

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8Citing industrial insiders, experts and officials, Indian media outlet Indian Express on Tuesday said that India can beat China as a prime components manufacturer, adding this is of significance in the backdrop of the COVID-19 induced disruption to global industrial and supply chains.

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8The company has a strong Solar EPC order of Rs 14,626 crores winning 1.7 GW projects in Q1FY23
8Know more

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EPDM grade 3072 prices registered a fall in the Ahmedabad market.

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Copperplate prices in the Ahmedabad market have registered a fall today.

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Manganese oxide prices in the Mumbai market have fallen sharply.

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Prices of rPP injection moulding (polypropylene scrap) have witnessed a sharp decline in Mumbai.

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Zinc ingot prices were much higher in the Mumbai market today.

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A fall in phosphoric acid prices was registered in the Delhi market today.

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Spirodiclofen 95% prices were much higher in the Delhi market today.

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