News & Bulletin Updates

8State-owned NSE 2.40 % , NSE -1.75 % and NSE -0.09 % may not go ahead with a proposed pipeline monetisation plan, having convinced the petroleum ministry that this would be an expensive way to raise capital, said people familiar with the matter.

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8Fertilisers shares closed lower in the Tuesday's session. G S F C(up 5.94%), Sikko Industries(up 5.35%), Agro Phos(up 4.97%), NSE 4.64 % & Petrochemicals(up 4.64%), Khaitan Chemicals & Fertilizers(up 4.15%), NSE 1.66 % Fertilizers(up 1.66%), Southern Petrochemicals Industries(up 1.60%), Fertilizers & Chemicals Tranvancore(up 1.14%), Aries Agro(up 0.82%) and NSE 0.62 % & Chemicals(up 0.62%) stood among the top gainers.

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8Masaya Solar Energy Private Ltd found discretion to be the better part of valour

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8Essel Mining & Industries Ltd :is one of the country’s largest coal mining MDOs. In the last two and a half years, the company has announced multiple big-ticket investments in the coal mining (commercial mining and MDO route) and diamond mining sectors to rebuild its mining portfolio
8Know more about why this company is strategically important for the Aditya Birla Group

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8Grid power is the cheapest way to access electricity
8But find out how mini grids are closing the gap in more ways than one

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8NLCIL has proposed to establish a lignite-based Surface Gasification and Methanol plant of 0.4 MTPA capacity at Neyveli
8Get the latest update of the project

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8The commission has approved the Power Sale Agreement (PSA) for puchase of 200 MW Assured Peak RE power form ISTS connected RE projects
8Find out more

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8India’s non-banking financial companies (NBFCs) are now playing a major role in shifting public finance away from fossil fuels
8But no public finance institutions (PFIs) have established clear plans for phasing out finance for fossil fuels

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8Renewable energy subsidies in India have fallen by 59% to Rs 6,767 crore after peaking at Rs 16,312 crore in FY 2017
8But what is needed at a time when module prices are going up, is more support and not less

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Jun 01, 2022: Our Briefs

8Powergrid acquired a project SPV to establish an Intra State Transmission System
8This 660 MW unit has reached commercial operations
8GMR Energy Limited: Not Cooperating with the rating agency
8Mytrah Vayu (Indravati) Private Limited: Is it in some kind of trouble?
8GR Infraprojects Ltd completes actuations of Rajgarh Transmission Ltd.
8Southern Power Distribution Company of Telangana Ltd: Why is the outlook negative?
8Why is there a buy order on Coal India Ltd's stocks?

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8The company has three raw materials, two of them are through the pipeline and one through imports
8These raw materials are converted into an intermediate product and into the final product of polyols and propylene glycol
8And finally this integration uses the advantage of being able to supply the market and change the product mix according to market demand

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8The Department of Chemicals and Petrochemicals has selected candidates for the post of Senior Consultant, Middle-Level Consultants and Consultants for IPC/PDC

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8Butadiene is expected toremain a bright spot amongst olefins commodities amid a recent surge in prices following production cuts even though Asian olefins are mostly expected to remain under pressure in the short run from weakening demand and margins from key downstream derivatives such as polyethylene and polypropylene

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8The company is embarked on an ambitious Rs 350 crore expansion

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8The board of the company has recommended a dividend of Rs 0.50 per equity share of Rs 10
8The date of the payment of the dividend will be informed in due course, upon finalization of the date of the Annual General Meeting

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8Carbon black manufacturer Birla Carbon has announced plans to add 200 kilotonnes per annum of capacity globally in response to growing demand

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May 31, 2022: Nynas CEO resigns

8Nynas's president and CEO has stepped down from his position after eight years in the company

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8Covid-19 pandemic has spurred the start-up of more plastics manufacturing firms in Nepal, according to Nepal's Pastics Trade Association Plast Nepal Foundation

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8Iran's foreign exchange earnings from oil, gas and petrochemical exports were 60pc higher in the first two months of the Iranian year than they were in the corresponding period last year, according to the foreign ministry

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8Wacker has undertaken a feasibility study for an expansion of its production of silicon metal, a primary raw material employed for the manufacture of silicone rubbers

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8Betterment in the domains of biomaterials and styrene-butadiene rubber (SBR) chemistry overwhelmed the fifth staging of the ERJ Elastomers for Sustainability (E4S) programme

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8The decline was driven by multiple factors including chip shortage, along with the model and structural changes

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8The company aims to produce the world’s first 100% sustainable material and maintenance-free tire by the year 2030

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8The Japanese supplier is increasing the price for the industrial chemicals by 6 yens per kg, with effect from 1st July

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8The company is trying hard to get out of trouble, after being at a loss for a long time

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