A bold move for stronger governance and sharper transparency
8Sudarshan Chemical is shaking things up — shifting 8% promoter shares into public hands

8A downward price correction was noted in the Triethanolamine (SABIC imported) segment in the Ahmedabad chemicals market, driven by steady import arrivals and subdued buying interest

8Refrigerant gas prices saw an upward movement in the Delhi market today, with Floron (imported R22) registering a noticeable hike due to supply constraints and increased seasonal demand

8Bisphenol A (BPA) prices have edged lower in the Mumbai market, reflecting recent adjustments in the petrochemical value chain

8A moderate price drop has been observed in the Delhi chemical market for Antioxidant Grade 4020 (6PPD), with the price decreasing by Rs.4/kg

8A hike has been observed in the Delhi market for Wacker Silicone Oil Grade 1000

8Gujarat Gas Executive Director relieved as part of official transfer to the role of Resident Additional District Collector

8ONGC demands depth-wise, type-wise, and activity-wise premium disclosures, raising the bar for insurance transparency and bid comparability.
8The PSU has opted to retain USD 200 million cover per deepwater well with a modest USD 3 million deductible despite zero loss ratio so far.
8A split payment system — 50% at spud and balance post-drill — gives ONGC flexibility in cashflow while holding insurers accountable to real activity.
8In the directional development category, ONGC expects bids for wells exceeding 17,000 ft, pushing insurers into the high-risk, high-premium frontier.
8Unlike some global benchmarks, ONGC demands flat-rate liability cover for shut-in, plugged, or abandoned wells — indicating a risk-averse stance.

Total capex planned for FY2025–26 is USD 3.37 billion, plus USD 0.58 billion for small projects. That is a big number by any yardstick. Get an update on what is planned, and also ongoing projects, project spending and completion dates
Here is a synopsis
8Big Bet on Capacity: IOCL’s Rs 37,000 Cr Panipat Expansion Nears Finish Line
 With over 83% progress, India’s largest refinery expansion is on track for commissioning by December 2025.
8Petchem Push: Gujarat Refinery Gears Up for Lube and Chemical Integration
 A near Rs 18,600 crore upgrade positions IOCL for higher margins through vertical integration.
8Refinery Core Revamp: Barauni Races to Add 3 MMTPA by 2026
 East India’s capacity boost nears 85% completion, strengthening the logistics backbone.
8Pipeline Power: IOCL’s Mundra–Panipat Crude Corridor at Final Stretch
 The critical crude link for Panipat’s expanded throughput is over 77% ready.
 GREEN ENERGY TRANSITION
8Green Arm Deployed: IOCL Floats Terra Clean for 5.3 GW Renewables
 The PSU’s decarbonization mission gets a dedicated vehicle to hit its 31 GW target by 2030.
8Charging Ahead: 10,000 Battery Swap Stations in JV with Sun Mobility
 With 128 swaps already operational, IOCL scales up its EV infra game across urban India.
8Hydrogen Firsts: IOCL Unveils Fuel Cell Buses and Nation’s 1st H? Pump
 Panipat becomes the epicentre of IOCL’s green hydrogen rollout.
8Biofuel Blitz: 4 MMT Ethanol and 1 MMT CBG by 2030 in Pipeline
 SAF unit with Lanzajet and 30 IndiGreen CBG plants mark the transition from oil to organics.
8NTPC–IOCL Tie-up Powers 650 MW Green Supply for Core Ops
 Round-the-clock renewables will now energize India’s largest fuel supplier.
8Petchem’s Green Turn: Paradip PTA Project to Feed India’s Polyester Play
 Near 89% complete, this project strengthens IOCL’s chemical backbone with downstream feedstock security.

8Payment of call money against rights issue [OIL]
8Oil India commences gas production from Bakhritibba DSF block in Rajasthan [OIL]
8Intimation of change in senior management personnel [GGL]
8Investor handout for analyst/investor meet [IOCL]
8Company commissions eight additional Auto LPG stations in record time [Confidence]
8Engineers India Limited subscribes to 4th call for 1,25,73,627 equity shares in NRL rights issue [EIL]
8Board approves fund raising of rs.300 crores through preferential allotment [MIL]
8Announcement for receipt of letter of intent (LOI) from Hindalco Industries Limited [SWP]

8Project Name: Ganjam, Nayagarh and Puri District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

DAHEJ PDH-PP TENDER LAYS DOWN ONE OF THE HEAVIEST COLUMN SPECS IN RECENT YEARS: IMPOSSIBLE TO QUALIFY
8PLL’s latest tender for CS & SS columns includes a 70-meter Deethanizer column weighing 330 MT, setting structural and transportability challenges not typically seen in domestic EPC scopes.
8The stainless steel deethanizer at 70.1 meters TL-to-TL and 330 MT weight poses a major fabrication and site-handling challenge. Few Indian vendors can qualify.
8In a rare clause, the qualification mandates past fabrication of ≥4620 mm dia and ≥34200 mm long CS/AS/SS pressure vessels — cutting out firms lacking oversized bay capacity and heavy lifting gear.
8Vendors face aggressive timelines—15 months to Dahej FOT delivery and 3 months to erect and install internals on site, pushing project logistics and post-delivery readiness planning to the edge.
FROM TRACKING PANELS TO WIND TREES: ALL OPTIONS ON TABLE FOR RE STUDY BY THIS REFINER FOR ITS COMPLEX
8The tender encourages creative engineering—from bifacial panels to wind microgeneration—making it a tech-neutral feasibility exploration.
8The bid emphasizes intelligent design, cost simulation, and optimal land use.
8The demand is for software-driven predictions using environmental and load parameters to model real-world energy behavior accurately
IOCL’S SHIFT TO FULLY DIGITIZED PIPELINE PLANNING: AN UPDATE
8GPR, topo and soil data must be geo-referenced
8And contractors must stitch all survey deliverables into ESRI’s ArcGIS
8Despite part-surveys being done, IOCL requires new GPR scans, hinting at concerns over subsurface utility mapping.
BPCL’S PETCHEM-CUM REFINERY’S COOLING TOWER PACKAGE: MANY UNRESOLVED ISSUES
8The technical amendment assigns full execution of buried cooling lines to the CT package vendor, shifting cost and delay risk downstream.
8No detailed layout or tie-in logic shared, even though contractors must draw from multiple nearby headers without fixed specs.
8Vendors flagged contradictory riser layouts and P&ID mismatches — but amendment offers no harmonization.
8While CT-1 is said to host the H?SO? tank, flowline path to CT-2 remains undefined, inviting site execution disputes.
8Despite assumptions of manual operation, the amendment mandates unified PLC-based control, adding automation cost.
8EIL insists on high ppm for scale inhibitors, ignoring bidder inputs on corrosion risk — possibly inflating OPEX.
8One bidder proposed safer anodic inhibitors — but EIL declines with a boilerplate “follow bid” stance.
8While commissioning chemicals are excluded, the vendor’s long-term dosing accountability remains under-defined.
CENTRIFUGAL PUMP FOR MRPL’S BIO-ATF PLANT: INTERPRETATION RISKS?
8Vendors flagged contradictory suction pressure and NPSHA values across datasheets — leading EIL to amend mechanical specs to reflect process values.
8Multiple bidders sought higher downstream pressure margins; EIL declined, reinforcing strict adherence to MR values.
8S6 and A8 material classes now permitted, easing procurement hurdles for vendors with pre-approved inventories.
8Utility parameters and a new electrical TA were appended without fanfare, hinting at late-stage integration changes.
8Critical design inputs like deck opening and boot length marked as HOLD, leaving bidders exposed to interpretation risks.
8Suction/discharge ratings proposed as 300# RF across tags — EIL notes but insists process data ratings prevail.
8A rare show of flexibility from EIL allows alternate casing/impeller materials, aiding vendor design optimization
CLAD VESSEL SHOWDOWN: FIVE ENGINEERING MAJORS ENTER THE FRAY FOR BPREP
8A high-stakes battle unfolds as Godrej, ISGEC, Anup, and others compete for the thick-clad pressure vessel package, signalling intense interest in the high-end metallurgy space.
8The tender mandates a 135+3 mm LAS+SS overlay—among the heaviest in the segment—positioning it as a premium fabrication job requiring niche forging, cladding, and U2 stamping capabilities.
8Material specs for shell and heads push design margins with demanding metallurgy, targeting long-life under 175.8 kg/cm²g at 343°C for critical petrochemical duty
PRICE GAP SIGNALS VOLATILITY IN STRAINER PROCUREMENT
8With consistent low quotes, Triveni is forcing rivals to reconsider pricing models on small-to-mid volume strainers. Instead of a broad sweep, Bombay Chemical wins select items with tactically sharp pricing.
8Multiple Rs.0.00 bids from Grand Prix Engineering raise questions about incomplete submissions or strategic withdrawal.
8Despite being a known vendor, Gujarat Otofilt’s bids trailed L1s significantly—over 90% in some cases.
8Some items show a near 100% difference between L1 and L2 bids, pointing to wide cost estimation disparities.
8The tender shows a classic case of undercutting, hinting at shrinking margins across the piping component supply chain.
Click on Details for more

8Cinis has delivered another full shipload of potassium sulfate [Cinis]
8Advanta Seeds acquires strategic corn assets from K-Adriatica to bolster European portfolio [UPL]

It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo

Ammonia-Urea Greenfield Project
8Cost: Rs. 8000Cr.
8Project Event: The Consultant is evaluating key project parameters, including technology options, utility requirements, and preliminary cost estimates. Stakeholder consultations and site assessments are also underway. The final pre-feasibility report is expected to be submitted in Q3 FY 2025-26.
Methyl Amine Energy Revamp/Energy Saving Project
8Cost: Rs. 100Cr.
8Project Event:The tender has been closed without a conclusive outcome. Fenix Process Technologies Pvt Ltd's bid for the Design and Implementation of Energy Reduction, with or without Capacity Enhancement, in both Methylamine Plants.

8The Mumbai chemical market is showing signs of price stability for Polytetramethylene Ether Glycol (PTMEG), supported by steady domestic supply and seasonally lower demand from key sectors such as pharmaceuticals and sanitizer production

8The price witnessed a movement, find out by how much

8Here is the latest prices, including trends over the past month

8By how much the price have move, find out

8Get a complete synopsis and price comparison trends of Phosphorus in China

8A movement in today's price is witnessed

8Get the latest prices here, including trends over the past month

8A combination of factors is at work, get the latest price roundup here

8Get the price movement for today