News & Bulletin Updates

8Why is the work reverting back to nuclear power again?
8What explains the new trend?

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8It is now established that small renewable companies will find it difficult to survive in the face of delayed payments from utilities and other assorted issues
8Small is not beautiful in renewable energy anymore

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8The assets and liabilities were split between AP TRANSCO and TS TRANSCO under the AP Reorganisation Act, 2014
8The finalisation of the apportionment of assets and liabilities is however still pending
8And there are consequences as a result

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8New directors takes over at Gujarat Industries Power Company Ltd

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8Here's what the regulator said

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8The company has announced the launch of a new Al-Powered PIR motion sensor to provide smart energy solutions to help consumers
8Find out more

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8BESCOM is one of the five state-owned distribution utilities in Karnataka that are licensed to supply electricity in the five designated areas of the state. It is licensed to distribute electricity in eight districts of Karnataka, covering an area of 41,092 sq. km with total consumers of 13.3 million as of March 2022
8The company has sizeable capital expenditure plans related to investments in infrastructure improvement, feeder separation programme, consumer and feeder metering etc

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8It is a smallish enterprise
8And going is not easy

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8Find out more on what is going on

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The company is a renowned manufacturer of plastic pipe systems in India
8With many years of industry experience, today Dutron has emerged as a reliable name in the plastic pipe industry
8The company reported a profit growth of 25 percent this quarter

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At one point when COVID was active, pink slips were common.
8But now hiring is on at full scale in some of the engineering and EPC companies
8And this is being pushed by orders coming from abroad, with engineering and supervision done out of India
8Here are details of a company requiring all kinds of specialists in double quick time

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8There were two bidders for this private sector onland rig tender

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8Bangladesh does a spot deal at a sweet price

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Rs: 10000 Crores Power Station Replacement Project
8Erection works delayed due to termination of package contracts.
8Contractors hired for the BOP package. Civil works are in progress for the main plant
8DM plant package is expected by July 2022.
Rs: 700 Crores Greenfield Hydroelectric Power Project
8Final testing of TRT is in progress
8EM works are in progress
8Transmission line works package Ahead.
Rs: 4000 Crores Standalone Pumped Storage Project
8Land acquisition completed
8DPR is yet to grant
8EPC package for main plant works is expected.
Rs 2000 crore hydroelectric project: RFQs ahead
8Unfavorable weather condition is a big challenge for the execution of the project.
8Forest clearance is yet to grant.
8Civil works package(Lot-1) is likely to be floated in August 2022.
Rs 10000 crore greenfield thermal power plant: C&I package ahead
8Public hearing was completed.
8Contractors has started the mobilization of equipment at the site
8RFQ for the HM works package is likely to be floated in Q3 2022
Rs 300 crore transmission line: An update
8Land acquisition completed
8Erection and installation of S/S work is in progress
8ACSR Moose conductor package is expected.
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Jun 03, 2022: Daily import matrices

Get the daily updates for
8LNG
8
Crude

8Chemicals
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost: 1800 Cr.
8Project EventThe RFQ for the EPC contractor is likely to be released in August 2022 in place of April 2022 due to internal discussions. The company has carried out a Detailed Project Report (DPR) through ThyssenKrupp Industrial Solutions for the plant capacity of 600 MTPD Phosphoric Acid and 1800 MTPD Sulphuric Acid. The report from ThyssenKrupp is still under evaluation and the final decision on the project will be taken up appropriately. The company has already achieved NoC from pollution board for execution.
Nano Fertilizer Greenfield Project
8Cost:240 Cr.
8Project Event: The foundation stone of Nano Fertilizer was laid by Mr. US Awasthi, on 4th March 2022. RFQ for the contractor is likely to be released in Q2 FY 2022-2023.

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8Frothy ammonia prices seen all around has now cooled with a record drop in prices

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Petrochem sources reported a drop in toluene prices at Hazira today.

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MEK prices have moved lower in the Kandla market.

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On June 3, 2022, the Kandla market witnessed a rise in acetone prices.

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A fall in VAM prices in the domestic market of Mumbai was noted on June 3, 2022.

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Toluene prices were quoted lower in the Mumbai chemical market today.

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Petrochem sources reported a massive fall in SM prices in the Delhi chemical market.

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Petrochem sources reported a drop in MDC prices in Mumbai today.

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On June 3, 2022, dioctyl phthalate prices moved down in the imported market of Kolkata.

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