8The German Rubber Conference is back

8There has been a surprise fall in Malaysian rubber production

8ONGC will see another offshore tender other than the Daman upside

8Cairn India has had no luck in the North East despite a lot of drilling work
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8EIL gets a new director

With more than 156 years of operations, Shapoorji Pallonji (SP) group is one of the India’s oldest and well reputed business groups in the construction, infrastructure and real estate space.
8But it is now going through a tough time as it begins to shed some of the heavy debt it has accumulated over the years

Coal based Ammonia Greenfield Project
8Cost: 200 Cr.
8Project Event: The company is planning to re-release bids for a Contractor on Build to do this on a BOO basis at the end of July 2022. due to lack of bidder in first invitation.
SSP/NPK Greenfield Project
8Cost: 70 Cr.
8Project Event: Still, the feasibility studies are ongoing, It is likely to be completed at the end of August 2022. The company is planning to submit the proposal for the environmental clearance in Q2 FY 2022-2023. due to the delay in the feasibility study. RFQ for the contractor is likely to be released after the clearance

8What are the challenges and opportunities of recycled LPG?

The Americans are admitting that sanctions on Russia have not worked
8In fact some of them are saying the effort has failed

Rs 4500 crore greenfield hydroelectric power project
8Mobilization of equipment is in progress at the site.
8FC stage-2 is pending at DFO.
8RFQ for the HM works package is expected soon.
Rs 8500 crore greenfield hydroelectric power project
8S/S tender floated and pre-bid meetings are yet to be conducted.
8Erection and installation of TG units are in progress.
8RFQ for the 250 KVA P/S works is expected.
Reconductoring of MePTCL lines: Business opportunities
8Meghalaya Power Transmission Corporation Ltd (MePTCL) plans to reconductor the existing 132 KV single circuit line with HTLS conductor
8There are business opportunities ahead
Old hydel power plant: Business opportunities
8This hydel power plant is going to complete 25 years of service
8The owner plans a replacement of old equipment
8More business opportunities ahead
Rs 2000 crore greenfield hydroelectric power project 
8Pilling and foundation works were completed.
8FC stage-2 is pending at DFO. Detailed engineering works are in progress for P/S works.
8RFQ for the ACSR moose conductor package is likely to be floated in July 2022.
Rs 2000 crore greenfield hydroelectric power project 
8PPA was signed with the government.
880% of the total land acquisition was completed.
8EPC package for civil and HM package is expected.
Rs 323 crore 400 kV SC line to DC line with QUAD Moose ACSR
8Detailed engineering was completed for S/S.
8Forest clearance stage is yet to be granted.
8EPC package for T/L works is likely to be floated in Q3 2022.
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8Nano makes further international progress

8One ammonia shipment is coming on 16 June 2022
8One Phosphate Sulphate shipment is coming on 14 June 2022
8One Phos acid shipment is coming on 17 June 2022

8The ministry of petroleum and natural gas has asked state-run oil and gas companies to come up with new plans for asset monetization after the original plan for monetizing their oil and gas pipelines through infrastructure investment trusts (InvITs) was shelved.

8IOCL has joined hands with Genrobotics to develop robotic tools for internal tank cleaning and inspection at refineries.

Paraquat prices in the Mumbai market have fallen.

8Energy company executives at a conference on the global transition insisted on Tuesday that fossil fuels, especially natural gas, are still needed at a time when global markets grapple with tight energy supplies and skyrocketing prices.

Excess supply has led to a cut in dichloroethane prices in the Mumbai chemical market.

On June 15, 2022 Petrochem sources reported a fall in propionic alcohol prices in the Kandla market.

A cut in BAM prices was reported today in the Kandla market.

Petrochem sources confirmed that acrylonitrile prices had registered a cut in Mumbai.

8In May, fertiliser firms agreed to reduce the price of urea by Rs83/bag after the government promised resolution of the long-standing GST mismatch issues.

8At a time when there is an intense demand from across the country, including the voices raised in parliament for guarantee of chemical fertilizers to the farmers in the wake of the monsoon, the Salt Trading Corporation Ltd has said it had begun importing chemical fertilizers.

8Many standalone solar companies are in trouble
8Here are a few examples of those which are no longer cooperating with their debt rating agencies

8Discoms are facing headwinds from rising costs, modest tariff hikes and adoption of additional norms by lenders