8The fact that gas-based power generation has not future in India is evident from a promoter's willingness to sell plant and equipment lock stock and barrel of one such power plant

A big green hydrogen summit is coming up.
8There is no option but for all key players to participate

8The PESB is now preferring same-company appointees over those of other companies in the selection of candidates

The CGD industry is in the throes of change
8There has been a sharp increase in price and this has been compounded by a sharp rise in demand (Get details here)
8Multiple price revisions have taken place already (get details here)
8What is the latest competitive status of CNG with alternative fuels?
8But there are roadblocks ahead

This seismic company seems to have done well last year
8Profits have almost doubled

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Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost: 1375 Cr.
8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited in July 2022. RFQ for the LSTK contractor is likely to be released in August 2022.
Water Soluble Fertilizer Greenfield Project
8Cost:200 Cr.
8Project Event: RFQ for the preparation of the Techno Economical Feasibility Report (TEFR) has been out, and finalization is still due. RFQ for the LSTK contractor is likely to be released in Q2 FY 2022-2023

8One DAP shipment is coming on 5 June 2022
8One ammonia shipment is coming on 9 June 2022

8The Centre is set to give a fresh push to its privatisation drive after facing a setback over the sale of state-run oil refiner BPCL and will make a renewed bid to complete the transactions of a clutch of companies in the current fiscal year.

8The world's top oil exporter, raised July crude oil prices for Asian buyers to higherthan-expected levels amid concerns about tight supply and expectations of strong demand in summer.

8If Europe manages to procure oil and gas from Russia in a way to ensure that the impact on its economy is not traumatic, that freedom should exist for others as well, External Affairs Minister S Jaishankar said on Friday.

8A joint action committee has been constituted to inquire into the gas leak at Atchutapuram SEZ that led to the hospitalisation of 278 workers of Seeds Company.

8Oman and Iran signed deals to develop two gas pipelines and an oil field along their maritime border, Oman's energy minister said Saturday, less than two weeks after Iran's president visited the sultanate.

8The Hindustan Urvarak and Rasayan Limited’s (HURL) urea plant in would start full-fledged production from August, company officials said on Saturday.

8Pointing to the increasing cost of mineral fertilisers in India and the threat of global supply chain disruptions, the People’s Commission on Public Sector and Public Services (PCPSPS) has demanded that the government put in place a fertiliser policy and nurture public sector enterprises (PSEs).

8India has finalised critical supply of fertilisers from Russia under a barter agreement, as talks concluded on a multi-year import deal, according to multiple officials, Hindustan Times reported.

8India Pesticides Limited (IPL), one of the fastest growing globally operating chemical manufacturers in India, is planning a capex investment of Rs. 500 crore at Hamirpur plant.

8Indian Mine Managers’ Association has given the lifetime achievement award to Prabhat Kumar Sinha, senior advisor with NTPC.

8The government has directed state-owned CIL to be prepared to import 12 million tonnes (MT) of coal for power utilities for the next 13 months.

8India has pledged “net zero” carbon emissions by 2070, which can be achieved through climate action such as decreased fossil fuel use, carbon sequestration and so on.

8As the country is expecting another phase of power shortage in the July-August period, the State power utilities should formulate a concrete plan to address the challenges and continue to ensure 24x7 quality and reliable power supply, said Minister for Energy Peddireddi Ramachandra Reddy.

A significant hike inlauric acid prices in the Ahmedabad market was recorded today.

Petrochem sources reported a significant fall in palm waxprices in the Delhi market.

NBR grade 35LM prices witnessed a sharp cut in the Delhi market.

Recycled LDPE injection molding (glucose bottle scrap) white color prices were assessed steady in the Delhi market today.