Ammonia-Urea Brownfield Project
8Cost: 6500 Cr.
8Project Event: 96 % of construction work has been completed, and the equipment installation is ongoing. procurement Machinery orders are already completed, procurement of other services is ongoing, also pre-commissioning is ongoing, Commercial production is likely to be started from September in place of June 2022, due to delay in the construction. (But our in-house research team disagrees with this commissioning date set by our  analyst, who elicited the company version)
Phosphoric Acid Expansion Project
8Cost: 1100 Cr.
8Project Event: 97% of construction work has been completed. The construction has been started in February 2020. The Company has been selected Jacob as the EPCM contractor, The commission is likely to be completed in June 2022 in place of March 2022

This is a 12,000 crore greenfield thermal power plant
8Many contractors were involved, it is nearing commissioning
8But some RFQs are still left
Rs 3000 crore greenfield hydroelectric project
8RFQ for the drilling and drifting works is likely to float in July 2022.
8Get key contacts here
Rs 4000 crore greenfield Pump Storage Project
8Tender package preparation work is ongoing
8RFQ for the PMC package is likely to be floated in Q3 2022.
220 kV D/C  Transmission Line
8RFQ for the 220 kV P/S package is likely to be floated in June 2022.
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8Adani, the world’s sixth-richest person, has added almost $30 billion to his wealth this year, more than any other billionaire. His net worth of $106 billion is only about half of Tesla Inc. co-founder Elon Musk’s, but $10 billion more than Ambani’s.

8With the increase in Liquefied Petroleum Gas (LPG) across the country. The nonsubsidised LPG cylinder now costs approximately around Rs 1,000.

8The government is keen on seeking a private sector executive to head state-run ONGC amid global energy inflation that lends urgency to the push for higher oil and gas production to reduce India's import dependence, said people familiar with the matter.

8Shares of oil marketing companies such as Oil Natural Gas Corporation (ONGC), Hindustan Petroleum Corporation Limited (HPCL), GAIL (India), and Reliance Industries fell up to 4% in intraday trade on Monday, in an otherwise positive broader market.

8State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it has become the first gas producer to trade domestic gas on the Indian Gas Exchange, trading unspecified volumes from its eastern offshore KG-DWN-98/2 block. In a statement, ONGC said it will increase volumes slowly.

8Oil extended four weeks of gains amid tight fuel supplies and a weaker dollar, though elevated prices are fanning concerns that the world economy may be heading for a recession.

8Russian Industry Minister Denis Manturov on Monday called on countries in the group of emerging economies known as the BRICS to establish joint oil and gas refining facilities with Russia, TASS news agency reported.

8The world is facing a major oil supply crunch as most companies are afraid to invest in the sector amid green energy pressures, the head of Saudi Aramco told Reuters, adding it cannot expand production capacity any faster than promised.

India has been buying some DAP at significantly cheaper prices
8Where is it sourcing it from

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8One NPS shipment is coming on 23 May 2022
8One Phos acid shipment is coming on 31 May 2022
8One Sulphur shipment is coming on 29 May 2022

8IMARC Group’s latest research report, titled “Indian Fertilizer Market Future Growth: Industry Trends, Share, Size, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

8The initial public offering (IPO) of fertilizer company Paradeep Phosphates was subscribed 1.75 times over the 26.86 crore shares that were on offer during the subscription period from May 17-19, 2022. The price band was fixed at Rs 39- 42 per share. 

8According to the research report Global Nitrogenous Fertilizer Market Outlook, 2027 the fertilizer market is anticipated to grow at a CAGR of 5.27% by 2027.

8The Indian government is working on options to ensure fertilizer supply from Russia, including establishing a mechanism to work out the cost of fertilizer in Rupee and in return the traders can export Indian items to of similar value, sources said.

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

On May 24, 2022, the Mumbai and Delhi markets witnessed a fall in zinc oxide prices.

A gain in zinc oxide prices was noted today in the  market of Ahmedabad.

On May 24, 2022, manganese sulfate prices moved higher in the Ahmedabad market.

Silicon metal grade 553 prices have escalated in the Mumbai market.

Secondary lead prices were assessed lower in the Delhi market.

Prices of rPP injection moulding (polypropylene scrap) have witnessed a sharp decline in Mumbai.

Copper plate prices were quoted lower in the Delhi metal market today.