News & Bulletin Updates

8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

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8Mumbai, July 22, 2025

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8The price of Antioxidant Grade 4020 (commonly known as 6PPD) remained stable in the Delhi market

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8Prices of C5 Petroleum Resin (Traffic Paint Grade), a key raw material used in road marking and industrial coatings, have unexpectedly dipped in the Mumbai chemical market

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8Soap noodles, a critical raw material for the soap and detergent industry, have witnessed a notable price surge in the Delhi market

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8The perchloroethylene market in Delhi has seen a drop in prices, impacting industries such as dry cleaning, metal degreasing, and precision manufacturing

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8Today, the Delhi market has seen LLDPE (E24065) prices moving up

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8The domestic PVC (K-57) market in Delhi experienced a price decrease today

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8Hexaconazole prices in the Delhi market were significantly up today

 

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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8RCF’s railway augmentation tender at Thal raises the bar for PMC consultants, with mandatory Railway empanelment and no relaxation for startups. Dual qualification options exist—but both heavily favor legacy players.

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Kerala Localisation, Quarterly Cashflow Clause Stand Out in FACT’s Annual Electrical Tender
8FACT’s latest Udyogamandal electrical maintenance tender leans heavily on local presence and 24x7 service readiness, while backloading payments to quarterly intervals—raising questions on small contractor liquidity resilience and geographic entry barriers.
FACT’s Ammonia Instrumentation Tender Backloads Risk to Contractors with 24x7 Readiness & Heavy Compliance Overheads
8FACT’s latest maintenance tender at its Ammonia Complex blends rigid daily reporting with clause-heavy compliance and emergency response demands — challenging smaller firms with liquidity, manpower agility, and documentation resilience.

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By retaining the "developing implications" tag, ICRA signals that Vedanta's future rating path remains deeply uncertain.
8For the first time, ICRA names brand-fee payments and related party dealings as factors under active watch.

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8Find out how the E&P major has been accused of messing up the environment.
And made to pay for it

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8ONGC has pushed back the bid deadline for its PRP-IX pipeline EPCI tender to 31 July 2025.
8The move reflects industry requests for more time to arrange offshore spreads and finalize bid packages. No technical relaxations have been offered yet.

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Prabha Energy is an operator of a CBM block
8And the toughest challenge it faces is not about acquisition of equipment and material but it is altogether something else

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EIL misses this consultancy tender by a whopping 200%
8The L-1 was for a MECON’s EPCM Undercut Stuns BPCL Tender as EIL Misses by 194%
8L1 bid of Rs19.36 crore—staggeringly lower than EIL’s Rs 56.95 crore suggests either a lean delivery model or aggressive risk-taking by the engineering major’s competitor.
Strategic undercut or misread risk?
8EIL’s 64% lower bid raises eyebrows on whether the scope was heavily optimized—or Technip priced in latent risks around licensor coordination and statutory delays.

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This bidder was disqualified Despite Lease Flexibility in OIL India’s Rig Tender
8Victory Oil & Gas Services failed to qualify even after OIL India relaxed rig ownership norms.
8The rejection underscores a gap between amended policy intent and stringent documentation execution.
ONGC rig charter tender tightens crew control, ups lifecycle compliance costs
8ONGC has ruled out crew subcontracting and raised the compliance bar in its latest multi-year rig charter. Drill pipe specs are upgraded, and recurring NDT is now mandatory.
8The moves shift lifecycle and safety risks squarely onto the contractor, limiting bidder flexibility.

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By retaining the "developing implications" tag, ICRA signals that Vedanta's future rating path remains deeply uncertain.
8For the first time, ICRA names brand-fee payments and related party dealings as factors under active watch.

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8Find out what is going on with the company

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8Find out how the E&P major has been accused of messing up the environment.
And made to pay for it

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Jul 21, 2025: KG-D6: The Second Act

8Reliance quietly sets stage for fresh deepwater drilling campaign; production bump expected by FY29

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8Find out what is going on

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8Find out how it intends to pull this rabit from out of the hat?

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

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