News & Bulletin Updates

Project Name: Paradip-Somnathpur-Haldia Greenfield Product Pipeline
8Project Cost: 1297.5Cr                                  
8Get a full update here on what is going on

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8GAIL can still make a $100 million on every cargo it loads in the US
8In December, it could have made $180 million on each cargo

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Water Soluble Fertilizer Greenfield Project 
8Cost: 200 Cr.
8Project EventRFQ for the preparation of the Techno Economical Feasibility Report (TEFR) has been out, and finalization is due. RFQ for the LSTK contractor is likely to be completed in Q1 FY 2022-2023.
Granular Single Super Phosphate Greenfield Project
8Cost: 148 Cr.
8Project EventThe project is still in the initial phase, Environmental clearance is likely to be elicited in March 2022. RFQ for the SSP plant is likely to be released in May 2022

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Feb 17, 2022: Daily import matrices

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8Chemicals
8
Crude
8LNG
8Fertilizers
8LPG
8Ammonia

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8State-owned GAIL India Ltd plans to lay a pipeline to Srinagar to take the environmentally friendly natural gas to the Kashmir Valley as it doubles down on efforts to expand infrastructure to helm the government vision of a gas-based economy, its chairman and managing director Manoj Jain said.

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8Reliance Industries is aiming to capitalize on its strong oil and gas presence by expanding its blue hydrogen footprint, a move that will help India's biggest refiner to strike a balance between pushing cost-effective clean energy while keeping focus on its traditional fossil fuel businesses.

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8A lack of investment in oil supply in recent years is limiting the ability of oil-producing countries to boost production significantly, leaving the oil market without an “immediate solution” to the high oil prices, according to OPEC’s rotating president.

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8State-owned Indian Oil Corporation (IOC) is exploring the option to acquire IL&FS Paradip Refinery Water Ltd, the crisis-hit IL&FS has said in an affidavit filed before the insolvency appellate tribunal NCLAT.

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8India and the UAE have completed talks for a wide-ranging economic pact aimed at boosting trade and investment, the Indian government said on Wednesday.

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Silver prices have significantly moved higher today in Mumbai.

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Adipic acid prices were assessed higher in the Mumbai chemical market today.

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Feb 17, 2022: TMP at higher rates

On February 17, 2022, TMP prices moved higher in the Mumbai market.

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A significant rise in phosphorus trichloride prices was reported in Delhi today.

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A fall in potassium dihydrogen phosphate prices was registered in the Mumbai market today.

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C9 Solvent prices have moved lower in the Delhi market.

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Domestic market sources reported a rise in Ahmedabad’s hydrogen peroxide prices today.

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Dichloromethane prices were quoted lower in the Delhi chemical market today.

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A heavy fall in SAP prices in the imported market of Ahmedabad was noticed on February 17, 2022.

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A hike in recycled PP prices was recorded in Mumbai today.

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Poor demand has pushed DINP prices down in the Ahmedabad chemical market.

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Trichloroethylene prices moved higher today in the Mumbai imported market today.

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On February 17, 2022, dioctyl adipate prices fell in the domestic market of Delhi.

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On February 17, 2022, the Kandla port witnessed a fall in propylene glycol prices.

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On February 17, 2022, phthalic anhydride prices moved higher in the Kolkata market.

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VAM prices registered a sharp fall in the imported market of Mumbai. 

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