News & Bulletin Updates

8Foreign flag vessels dominated the AHTS tender floated by ONGC

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8A few workover rig tenders are in the offing
8Who are likely to be participating in these bids

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8Find out how RIL has to come to the help of CGD companies

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8Find out how RIL has to come to the help of CGD companies

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8What is the expected reserve price of the Mumbai High Redevelopment-V along with the attached development of the marginal B-17 field?
And who are likely to be in the race?

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We had published an article (Deep Industries: Not the best of paymasters?) over the resignation of its auditors for asking higher charges by Deep Industries.
8It has been clarified now that the company has extremely good relationships with its vendor base, and there have been no payment related complaints from anyone.
8The company also said that there were some differences with the earlier auditor and a new auditor has now been appointed
8Also know more on what the company has been up to of late

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8PM on Wednesday marked world biofuel day by inaugurating a Rs 900 crore plant in Haryana for producing ethanol from farm waste using indigenously developed 2G (second generation) technology, a development he said would help Delhi and its neighbourhood breathe easy by reducing pollution from burning of farm stubble.

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8The company mentioned that various policies announced by the government like the PLI scheme, storage bidding guidelines, transmission corridors, and waiving of transmission charges will help the industry add robust RES capacities
8But the company expects the government to provide relaxations to developers and EPC players to procure solar equipment outside the ALMM list beneficiaries

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8IREDA is in the process of setting up a debt fund in the form of an Alternate Investment Fund (AIF) to tap large Institutional Investors
8AIF will help IREDA in financing new projects

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8The coal production has increased by 11.37% to 60.42 MT from 54.25 MT during July, 2022 as compared to July 2021
8The power utilities despatch has grown by 17.09% to 58.45 MT during July 2022 as compared to 49.92 MT in July 2021 due to increase in power demand
8Find out more

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8An analysis and advisory organisation has released an update on India's "first-ever effort" to track green investment flows, which are falling far short of the country's current need for its ambitious climate targets.

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An elevated trend is noticed in MEG prices.

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On August 12, 2022, Petrochem sources reported a fall in NBA prices in the Kolkata market.

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Aug 10, 2022: Daily import matrices

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8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8JSW Steel’s crude steel production grows 14% YoY
8Jayaswal Neco profits down QoQ
8Kirloskar Industries' income declines
8MSP Steel and Power makes a loss this quarter
8Nagpur Power is still not profitable
8Pennar Industries doing better this quarter

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8The new asset integrity management software with a digital twin, risk-based inspection, inspection data management system, integrity operating windows and more will ensure the mechanical integrity of its assets

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8A new state-of-the-art petrochemicals complex is coming up in Belgium, which will deliver an ethane cracker with the lowest carbon footprint in Europe

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8The meeting is scheduled for 2nd September at 11 AM through video conferencing

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8The meeting will be held on 28th September through video conferencing
8Payment of dividends will be discussed

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8The webinar will be held on 11th August at 3 PM

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8Qatar, already a leading LNG exporter, is set to almost double LNG sales as it pursues its massive North Field East (NFE) expansion project, the single largest project in the history of the LNG industry

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8Revenues are up 19% compared to last year

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8Amal Speciality Chemicals' upcoming plant is located near Atul’s aromatic products manufacturing facility, whereby a majority of Atul’s sulphuric acid and other downstream products requirements are expected to be met through Amal Speciality Chemicals

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Natural Selections Ltd is engaged in manufacturing injection moulded plastic products like electric meter parts, electric switches, machine parts and home appliances parts.
8But why is the company not cooperating

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8This country has enacted its decree introducing mandatory tyre recycling for almost all types of tyres used in the country

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