News & Bulletin Updates

The PNGRB has proposed a unified tariff system that will see a 42% hike in GAIL’s tariff across its pipeline network.
8While stock analysts have promptly calling out a "buy" recommendation on the GAIL share, gas users are miffed.
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The CGD space is getting to be more competitive as uncertainty looms.
8Electric cars are coming and city gas is becoming less competitive
8Setting up capex heavy infrastructure is not easy. So the easy days of setting up a CGD station and selling CGD to a captive market are over.
8In this context, will the CGD space see large-scale consolidation?
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Green hydrogen plants are no longer being set up just by oil & gas companies
8There is likely to be a big rush if this segment of the industry catches the bug
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Rating agencies have been under criticism for their stand on Adani group companies
8But they are not willing to go beyond providing a negative rating for now on their "A" rating
8Reason: Adani is sitting on strong assets
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Climate change, the COVID-19 pandemic, escalating energy expenses, inflation, and a persistent and expanding food shortage are all contributing to a series of crises.
8Countries have introduced export restrictions on food items from Ukraine and Russia, upsetting the global supply chain.
8Find out about the new trade restrictive measures by WTO and implications
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Mar 06, 2023: Briefs

8New GOI Nominee Director Appointed on the Board of Madras Fertilizers Limited. Click on Reports for more
8Fertilizer company amalgamates a subsidiary. Click on Reports for more.

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The "Climate-Smart" Villages project in Madhya Pradesh was concluded in 2022
8Farmers believe that the project should have been continued as there were many takeaways.
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Here is a bio-fertilizer company which has been able to establish a pipeline of products
8It has established a technologically innovative process to move through various stages from idea to proof-of-concept to validation and scale. Target support at each of these stages helps to de-risk the path of innovation and eventual commercialization.
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8There is a global programme on improving nutrient uptake efficiency and reducing risk of nutrient losses
 You can join in
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India is always a hard bargainer when it comes to clinching DAP deals
8A tender and a few private deals have pushing price levels down
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Ammonia Urea Browfield Project
8Cost: Rs 6000 crore
8Contracting is still going on
Sulphuric Acid Greenfield Project
8Cost: Rs 200 Cr.
8Project Event:The internal discussion is ongoing, RFQ for the Technology licensor as well as LSTK contractor is likely to be released in May 2023. The Company has obtained the environment Clearance in January 2022.

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8Augmentation of Salaya - Mathura Crude Oil Pipeline
8HPCL Raipur Terminal Augmentation
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Get the best refinery safety practices for refineries belonging to the following companies
8RIL (refinery & tankage)
8HPCL
8IOCL (general presentatjon, Pradip refinery, Halida case study)
8EIL's viewpoint
8BPCL (three presentations)
8OISD (viewpoint, common audit objections)
8MRPL
8Nayara
8CPCL
8HMEL
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Rs. 4542 crore greenfield pump storage project: PFR prepared
8Capital approval of the project has been granted by the state cabinet committee.
8DPR consultant has been selected.
8RFQ for the EIA / EMP package is likely to be floated in Q2 2023
Rs. 2883 crore greenfield hydroelectric project: HM package ahead
8A public hearing has been completed.
8Construction of the approach road to the dam site has been completed.
8Bid evaluation is in progress for the civil works package.
8RFQ for the HM works package is likely to be floated in May 2023
Rs. 4101 crore greenfield pump storage project: RFQ ahead
8Capital approval of the project has been granted by the state cabinet committee.
8TOR of the project has been granted.
8RFQ for the EIA / EMP package is likely to be floated in Q2 2023
Get in touch with us for more on these project.

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There is some churning going on between them and the buyers of gas
8Can gas buyers wriggle out of a bad deal?
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8The WDK, Germany's rubber industry group, has backed demands for EU authorities to expedite the implementation of regulations governing access to in-vehicle data. In a recent joint statement with a number of German automobile industry organizations, Frankfurt-based WDK said the lengths/delay had placed 'sector-specific' legislation "in danger of failing".
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8Dr Ketan Joshi has been named President of BASF's Intermediates Division in Germany, beginning March 1, 2023. Dr Joshi formerly served as Senior Vice President, of Petrochemicals Asia Pacific, at BASF East Asia Regional Headquarters Ltd. in Hong Kong.
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8A free webinar titled "The ABCs of RDC: Rubber Dispersion Chemicals" will be presented on 30th March. This live event will also feature a novel halogen-free flame retardant that gives compounders a safer and healthier alternative to conventional technologies.
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8India's output and consumption of finished steel both decreased from January to February, and yet the nation continued to be a net importer of steel for the fifth consecutive month. Provisional figures show that production of finished steel decreased by 7.9 per cent on a monthly basis to 9.87 million tonnes in February, but was 2.9 percent higher on an annual basis. Alloyed and non-alloyed steel make up finished steel.
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8An app has been released by the Indian B2B platform OfBusiness to assist small enterprises in obtaining financing and raw materials. With the app, micro, small, and medium-sized businesses (MSMEs) may buy goods, handle orders, follow shipments, and compare rates with suppliers all over India.
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8The market for steel rebar reached a value of more than $198.7 billion. The anticipated market size of about $ 292.75 billion by 2029 indicates that the industry will experience tremendous expansion during the next years.
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8Get the latest steel company filings here in order to stay up to date with what is happening.
 8Shyam Century Ferrous Ltd.
 8Mideast Integrated Steels Ltd
 8Bekaert
 8Eagle Bulk
 8Taparia Tools Limited
 8Jai Balaji Industries Ltd.
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8Japanese rubber futures dipped on Friday as decreasing oil prices discouraged producers from transitioning to natural rubber. A stronger yen made the product more expensive for customers using other currencies.
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8The government's holdings in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company will be sold by the Iran Privatization Organization (PGPIC).
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8Kawasaki refinery is the largest refinery in the ENEOS Group, with one of the highest refining capacities In the country. It also has Japan's largest fluid catalytic cracking unit (FCC) and the nation's only resid hydroconversion unit (H-OiI).
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