8In stroke fixed charges have been settled for as many as 33 different transmission assets

8Distributed grids would require a lot of state government support

8Nabha Power Ltd depends on the sheer strength of its mother company
8But otherwise it is on a weak footing

8India’s aim to achieve 500GW renewable energy by 2030 faces several obstacles with global challenges, such as the Russia-Ukraine war, adding to the worries, says Satheesh Kumar, chairman of Enzen Global Solutions Pvt Ltd, an energy and water management solution provider.

8India has the world’s fourth-largest coal reserve. It is the second-biggest producer of fossil fuel behind China and is home to the world’s biggest coal miner, Coal India, which accounts for 80% of the country’s domestic output.

8Record green energy output reduced Indian dependence on coal in May, despite 23.5 per cent growth in power demand, contributing to a rise in utilities' coal inventories, a Reuters analysis of government data showed.

8Construction of Nuclear Power Corp of India Ltd’s (NPCIL) Kakrapar plant’s fourth unit, scheduled to start commercial generation this year, has not been completed and is running more than a year late, a government memo showed.

8The All India Power Engineers Federation (AIPF) wrote to Union Power Minister RK Singh on Tuesday seeking scrapping of the amended rules for selection of Bhakra Beas Management Board (BBMB) members and the process for appointment of member (Irrigation) and member (Power) be expedited.

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8Naptha
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8Deepak Fertilisers And Petrochemicals Corporation Ltd’s top line for the year grew by 32% and crossed a milestone of USD 1 billion

8This is the 45th such vocational training centre of CIPET across the country, aimed at providing quality training and creating a competent workforce for the Chemicals and Petrochemicals Industry

8Arun Plus is soon expected to partner up with GPSC to establish a joint venture to support the battery business value chain

8What is said to be the world’s first urban bike made of recycled plastic is being introduced by a German-based manufacturer of motion plastics

8Wash plants for polyolefins that can produce high-quality, food-grade recyclates can be custom configured by this American company, which draws from a vast assortment of proven plastics recycling equipment

The following topics will be covered in a series of 3-webinars:
8Understanding Letter of Credit
8Understanding FEMA and Regulatory guidelines for Exports
8Export Finance Guidelines and Facilities

8A webinar is being organised on the Bluesign system for chemical suppliers in association with Bluesign Technologies on 13th June at 2 PM

8He is selling 28.2 lakh equity shares aggregating to Rs 181 crores

8Having made healthy progress on some of its growth initiatives, Aarti Industry has aggressive CAPEX plans lined up to realise its ambitions

Two European companies have announced a partnership to bring traceability software into circular polymers and chemicals supply chains
8The duo are collaborating in establishing digital solutions to trace renewable and recycled material flows, providing increased transparency along the value chain

The company has a long proven track record and an established market position in the supply of drilling fluid additives, both in the domestic and international markets. Gumpro Drilling Fluids also has its R&D facilities to develop new additives and formulations.
8The efficiency and strength of the in-house product development are evident from the advances made by the company in the oil-based additives category, including the powder emulsifiers for which the company has received patents

8Categories and products across the industry value chain are potential targets for China/LCC sourcing
8Typical categories included across the value chain are equipment, chemicals, electricals and others

RCPL has a diversified product profile as it is in the manufacturing of a wide range of products like textile finishing agents (TFA), speciality chemicals, process enhancers, organics, enzymes and lubricants under the textile segment
8In the non-textile segment, RCPL manufactures performance enhancers, anti-foam agents, lubricants, car care products, personal-care products, and other products catering to industries such as leather, rubber and plastics, construction, pharmaceutical, etc.
8The company is doing well

SNJ Synthetics Ltd is engaged in manufacturing Polyethylene Terephthalate preforms and bottles
8The company’s clientele includes reputed brands such as Varun Beverages Ltd, Bisleri International Pvt Ltd, Allied Blenders and Distilleries Pvt Ltd etc
8Furthermore, SSL has a long-established association with its clients that ensure repeat orders
8But the revenue profile is a tad concentrated with the top ten customers constituting 83% of total revenue in FY22

8What ails the company?

Revenues grew 11.3% YoY to Rs 446.8 crore, largely driven by robust growth in the company’s branded business.
8Sumitomo chemicals claim that it is confident that it will maintain its current margins profile despite cost inflation