8A DAP tender has opened yesterday
Find out what rates were discovered

Rs. 2413 crore greenfield pumped storage project: RFQ ahead
8Hydrology report has been approved.
8Civil works tender has been floated
8RFQ for the HM works is likely to be floated in Q2 2023
Rs. 5850 crore greenfield multipurpose project: HM works ahead
8Forest clearance stage 2 has been approved.
8Pre-bid meeting has been completed for civil works (lot-2)
8RFQ for the HM works is likely to be floated in June 2023
Rs 685 crore 400 kV transmission lines project: RFQ ahead
8Forest clearance stage 1 has been granted but state 2 is pending
8Detailed survey and investigation have been completed
8RFQ for the 400 KV AIS substation works package is likely to be floated in May 2023
Rs 870 crore greenfield hydroelectric project: PMC selected
8EIA / EMP report has been approved
8PMC has been selected.
8RFQ for the civil works package is likely to be floated in Q2 2023
Get in touch with us for more on these project.

The offshore wind indusry was meant to give the much needed impetus to the offshore E&P vendor base, particularly for marine spreads
8In June 2022, the MNRE notified a cumulative 37 GW offshore wind seabed lease tender trajectory for 2022-2030 and aims to add 30 GW of offshore wind installed capacity in the times ahead.
8But tenders so far have gone unawarded
8Gujarat and Tamil Nadu have agreed to purchase offshore wind power generated off their respective coasts at a tariff of Rs 4 per unit for initial projects.
8But clearly that is not turning out to be enough
Click on Reports for more

The Indian railways had thought of using LNG to power its trains 10 years ago
8The report had been gathering dust since then even though an action plan was worked out
8LNG in railways has not picked up much traction elsewhere in the world
8So should the railways dust up the report?
8In any case, LNG consumption by the Indian railways will at best be a small fraction of total demand, not amounting to more than 5%
Click on Reports for more

Urea Reactor (R1) and Carbamate Condenser Unit Revamp Project
8Cost: Rs 200 Crore
8Project Event: Tender for IBR approved Carbamade Condenser has been re- released and bid due date has been extended from 10 March to 25 March 2023.The previous tender has been cancelled due to some internal reasons. Dynite Engg and Contractors, Jyotsna Enterprises, Larsen & Toubro, Shilpi Engineering were in the race for the supply of Urea Reactor and Carbamate Condesor.
NPK Plant Greenfield Project
8Cost: Rs 915 Cr.
8Project Event:The procurement of long lead item is still ongoing, The construction is likely to be started in May in place of March 2023. L&T has been finalized for the LSTK contractor. 

The gas trading affiliates of the RIL-BP made some quick money when they picked up price capped gas and sold that at a premium in the market
8The move attracted a lot of criticism but that has not deterred the pick up of more gas to play around in the market.
8But the margins remain good, and there is a lot of play in the Indian market
Click on Reports for more on the financials and gas aggregations and how the market is played

Here is a brand new player selling LNG in the market
8But is it being too ambitious with how much price it is asking for?
Click on Details for more

Covid and its attendant relaxations are over
8The relaxations given earlier have been withdrawn

CBR - Asanur Natural Gas and Product Pipeline (IOCL)
8Land acquisition is under progress and contracting is ahead
Click on Details for more

Morbi has become the ultimate battlefield for industrial fuel in India
8The biggest fuel supply monopolies have been beaten back by a bunch of wily entrepreneurs. 
8And it is a free-for-all, devil-may-care market now
8And it should be the role model for the rest of India.
Click on Details for more.

8This is one signal from New Delhi that RIL is waiting with much trepidation
8When will it come?
Click on Details for more

Today in Mumbai, there has been a decrease in the prices of zinc ingots.

Today's Inco nickel prices have risen in the Mumbai market.

Today, the prices of rhodium in the Mumbai market were observed to be low.

The Mumbai market has witnessed a noteworthy hike in the cost of silver owing to a surge in demand for the commodity.

The Delhi market experienced a decrease in the pricing of polystyrene sheets today.

Lead oxide 99% prices have risen attributed to limited product availability and a surge in demand, as reported in the Mumbai market.

Silicon metal prices in the Mumbai market have decreased, according to Petrochem sources.

On March 15, 2023, the price of silicon metal fell in Mumbai.

Manganese sulfate prices in the Delhi market surged on March 15, 2023, due to limited product availability, and supported by favorable demand trends.

A cut in Zinc oxide 99.90% prices was reported in the Domestic market of Mumbai.

Petrochem sources reported a fall in Absolute ethyl alcohol 99.90% prices in the Ahmedabad market.

An elevated trend is noticed in Tetrahydrofuran 99.90% prices.

On March 15, 2023, petrochem sources reported a fall in Styrene-butadiene-styrene grade LG501 prices in the Delhi market.

EPDM grade 5601 prices registered a cut in the market of Mumbai today.