News & Bulletin Updates

RIL's gas production from its offshore fields is at 18 mmscmd
8And another segment is going to go into production by Q-3, 2022-23
8Meanwhile profits are sharply higher on account of higher gas prices as well as production

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Rs 8500 crore greenfield thermal power plant: RFQ ahead
8Units are getting boxed up, and commercial operations in early 2023
Rs 5550 crore standalone pumped storage plant
Find out who are the bidders participated in the HM and EM packages 
8Technical evaluation is on
8Price bid opening ahead
8Also know which RFQs are still ahead
Rs 5000 crore pumped storage project: Tata Consulting is the PMC, RFQs ahead
8Preparation of tender is yet to start for the civil works package(Lot-1)
Transmission line: RFQ in June
GOI's ambitious transmission line project.
8RFQs for the EPC package for T/L works are expected
Speak to us about accessing these projects

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Paradip-Haldia-Durgapur-Patna-Muzaffarpur LPG Pipeline Expansion Project
8COVID dealt it a big blow
8The cost of the project has escalated sharply
8There are ROU disputes
Srikakulam - Angul Greenfield Natural Gas Pipeline (SAPL)
8Get a full update here
Visakhapatnam Greenfield POL Terminal Project
8Commissioning is around the corner
Langtala - Pachpadra Natural Gas Pipeline
8Get an update on what really happened

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NPK Fertilizer Greenfield Project
8Cost: 400 Cr.
8Project EventSite selection is ongoing but other work is on hold, The project is likely to be active in Q2 FY 2022-2023.
Single/Triple Super Phosphate Greenfield Project
8Cost:30 Cr.
8Project Event: The proposal for environmental clearance was submitted in June 2018, and the proposal was accepted by SEAC. The project team has been made, and hiring of equipment suppliers is ongoing. Talking with a local contractor to erect the project is still ongoing, It is likely to be finalized in June 2022
Coal based Ammonia-Urea & Captive Power Plant Greenfield Project
8Cost: 6500 Cr.
8Project EventThe project is still on hold, due to the internal matter of the investor, The project is likely to hire an EIA consultant in Q2 FY 2022-2023.
Granular Single Super Phosphate Greenfield Project
8Cost: 148 Cr.
8Project Event: The project is still in the initial phase, The public hearing is in the process forEnvironmental clearance, and It is likely to be elicited in Q2 FY 2022-2023. RFQ for the SSP plant is likely to be released in Q2 FY 2022-2023

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8The revival of growth of high capacity underground mines will be the top priority in this workshop

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8Gujarat Mineral Development Corp (GMDC) is India’s largest merchant lignite miner. Its 5 operating lignite mines (with reserves of more than 500mt) supply largely to local industries in Gujarat, while the company absorbs about 7% for captive consumption
8Unlike Coal India (SELL), GMDC revises prices monthly, and provides full exposure to global coal price movements
8Know more about what is going on with the company

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8Foreign direct investment comes at a cost to emission control and climate change
8Here is a novel way to measure how FDI impacts climate change

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8The Green Climate Fund helps plan and also fund green projects
8Find out more on what is ahead with the Fund
8The point to note is that the selection of the most appropriate financial mechanisms and structures for GCF and co-financers is highly dependent on many factors including country-specific factors (such as financial markets, legislation and regulatory environment, type, and status of market actors as well as market maturity)

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8The government has floated new policy to allotte government companies to surrender non-operational coal mines without penalty

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8In a report released the Indian government is rolling out “big bang” clean energy policies and reforms including the green hydrogen and green ammonia policy, production-linked incentive schemes in solar module and battery manufacturing, market based economic dispatch, general network access, green energy corridor schemes and privatisation of state-owned assets across distribution, generation, and transmission.

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8The Union government is planning to amend the Electricity Act and the National Tariff Policy to make it mandatory for electricity distribution companies (discoms) and other bulk buyers to meet their renewable purchase obligations (RPOs), a move that will give a fillip to investments in solar, wind and hydro energy sectors.

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8For this Powergrid project, some elements of change of law were allowed
8But for interest during construction, there were some disallowance
8It is an interesting ruling, worth reading

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8Solar Industries is an explosives supplier to Coal India and others
8Find out how the company is dealing with a sharp 80% increase in ammonium nitrate prices

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May 09, 2022: Shipments Update

8One ammonia shipment is coming on 8 May 2022
8One Rock phos shipment is coming on 10May 2022
8One Sulphuric acid shipment is coming on 11May 2022

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8Amidst the coal crisis where the Centre has invoked an emergency law to operate idle coal import-based utilities, energy transition experts believe the electricity generation for 1.35 billion people based on expensive imported coal for blending is commercially unviable -- both high and inflationary.

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8The entire G7 club of rich nations is "committed to phasing out or banning the import of Russian oil," the White House said Sunday, escalating pressure on Moscow over the invasion of Ukraine.

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8Saudi Arabia's lowered the price of its Arab Light crude grade to Asia and Europe for the month of June, according to a pricing document released by oil producer Saudi Aramco on Sunday.

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8The BPCL Kochi Refinery has received the IMC Ramakrishna Bajaj National Quality Award-2021 in the manufacturing category. Ajith Kumar K, executive director (Kochi Refinery), along with top officials of BPCL received the award from Marico Ltd chairman Harsh Mariwala, at a function held in Mumbai recently.

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8Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business.

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May 09, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizer
8LPG
8Agri products
8All tankers
8Bulk and Dry cargo
8Port Update

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8The website carries here our weekly outlook for weekly outlook for chlorpyrifos
8Find out how prices are going to behave ahead

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8Find out our weekly analysis, price charts and projections on yellow phosphorus price movements for the coming week

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8The website carries here a weekly outlook on carbon black prices
8Find out what our analysts are saying about how prices will behave till next week

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8We are carrying here a weekly benzyl alcohol market report
8Find out what kind of prices are projected going ahead

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8Get here the cotton prices for today

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