News & Bulletin Updates

8A requirement for workover rigs have come up

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Jul 15, 2022: Daily import matrices

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8Chemicals
8
LNG

8Crude
8LPG
8Ammonia

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Concentrated Nitric Acid Greenfield Project
8Cost: 50 Cr.
8Project EventRFQ for the LSTK contractor is likely to be released in August 2022, Due to a delay in the DFR preparation, A consultant is appointed for the preparation of a Detailed Feasibility Report (DFR). The report preparation is still ongoing.
NPK-DAP Greenfield Project
8Cost: 987 Cr.
8Project Event: The project elicited environmental clearance in August 2018, and Internal discussion is ongoing, RFQ for the LSTK contractor is likely to be released in September 2022

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Rs 6000 crore super-critical thermal power brownfield project (stage-II): BOP works ahead
8Pilling and foundation worksare in progress for the ESP package
8Contractor details in pre-bid meeting for the PT plant are available.
8DM plant package will likely be floated in August 2022.
Rs 1000 crore stage-II hydroelectric greenfield project: Find out who are in the race
8Techno-commercial bids were completed for civil works (lot-1)
8Find out who are the qualified bidders in the technical bid.
8Civil works package(lot-2) will likely be floated in September 2022.
Rs 808.62 crore hydroelectric greenfield project : RFQ Ahead
8DPRwas approved by the CEA.
8Forest clearance  stage 2 is pending at the regional office
8The pre-bid meetings for the EPC package for civil and HM works are about to conducted
Rs 350 crore Construction of 400 kV DC transmission line: Moose conductor package ahead
8The approval from the NOC from the Inland Waterway Authority of India is pending
8Detailed engineering was completed for the 220/132kV substation
8The ACSR moose conductor package will likely be floated in August 2022.
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Jul 15, 2022: Shipments Update

8Two AMMONIA shipment is coming on 17 July 2022
8One ROCK PHOS shipment is coming on 20 July  2022
8One MOP shipment is coming on 20 July 2022

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8The reduction in excise duty on petrol and diesel by the Central government coupled with the delayed arrival of the monsoon has led to robust demand for fuels in the month of June.

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8Oil prices ticked down on Thursday as investors doubled down on the possibility of a rate hike by the US Federal Reserve that would stem inflation and curb oil demand.

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8India will need a funding of USD 15 billion to set up 15 GW (gigawatt) of green hydrogen capacity by 2030, NITI Aayog Member V K Saraswat said on Thursday.

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8Shares of Adani Enterprises (AEL) hit a record high of Rs 2,422.75 after they rose 2 per cent on the BSE in Friday's intraday trade, gaining 3 per cent in two days, on healthy outlook.

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8GAIL (India) with a target price of Rs 180.

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8India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022.

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8Better-than-expected containment of COVID-19 and expected firm economic growth are projected to support global demand for crude oil in 2023, the Organization of the Petroleum Exporting Countries (OPEC) said in its latest oil market report.

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8Indian Oil Corporation NSE -0.21 % with a target price of Rs 85.

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8India’s imports from Russia surged 272% in the first two months of this fiscal from a year before to $5.03 billion, as New Delhi stepped up purchases of oil, fertilisers and coal to tackle a growing domestic shortfall of the commodities.

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8Union Minister for Chemicals and Fertilisers, Mansukh Mandaviya said on Thursday that the ongoing Russia-Ukraine war has hit the supply of fertilisers which has resulted in the increase in its prices.

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8Fertilisers shares closed lower in the Thursday's session.

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On July 15, 2022 ABS prices were reported to be unchanged for South Korea, FE Asia, South East Asia, India and NW Europe due to steady demand patterns in the region.

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On July 15, 2022 PVC prices in the International market remained unaffected, with prices remaining unchanged.

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Butadiene (BD) prices were reported to be steady in South Korea, South East Asia, Rotterdam due to stable demand patterns in the respective countries.

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On July 15, 2022, naphtha prices were registered to drift down in NW Europe owing to sluggish demand trends in the region.

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The international crude oil price of Indian Basket was quoted at around $67.45 per barrel on July 15, 2022.

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A cut in NPG prices were registered in the Ahmedabad chemical market today.

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Caprolactam prices were assessed lower in the Mumbai market today.

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On July 16, 2022, Petrochem sources reported a fall in potassium bromide prices in the Mumbai market.

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A sharp fall in manganese sulfate prices in the metal market of Delhi was recorded today.

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