News & Bulletin Updates

8India’s state-run electricity giant NTPC Ltd. plans to expand its coal-fired power fleet with a first new project in six years, a policy shift that reflects alarm over the nation’s worsening power crisis.

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8Russia’s decadeslong dominance of Europe’s energy market is crumbling, and the biggest blow is expected this week as the European Union moves toward a ban on Russian oil.

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8India has asked state and private sector utilities to ensure delivery of 19 million tonnes of coal from overseas by end-June, according to a power ministry letter, reflecting an urgency to secure supplies in a pricey market amid increasing blackouts.

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 8Enertech Fuel Solutions, a small and medium enterprise based in Ahmedabad is all set to invest Rs 600 crore for its foray into the compressed biogas (CBG) business, the company announced on Tuesday.

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May 04, 2022: Daily import matrices

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8Jindal Stainless Ltd (JSL) on Monday posted a 156 per cent jump in consolidated net profit at Rs 749.88 crore for the March quarter, mainly on account of higher income.

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8With coal demand on the rise, Coal India (CIL) has posted 15.6 per cent growth in its supplies to the power sector in April, 2022, compared to the yearago month.

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8Here is the response by countries regarding purchases of Russian oil since the war in Ukraine started on Feb. 24 and how companies have acted.

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8Russia's invasion of Ukraine is wreaking havoc on the global fertilizer industry.

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8The long cold winter has many considering using manure as a fertilizer.

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Petrochem sources have reported a hike in manganese sulfate prices in the Delhi market.

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On May 4, 2022, the Hazira market witnessed a fall in Octanol prices.

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A sharp fall in rock phosphate prices was registered in the Delhi market today.

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Acrylic acid prices have moved upwards in the Delhi chemical market, today.

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Acetic acid prices were assessed lower in the Kandla market today.

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C9 Solvent prices in the Ahmedabad market registered a fall today.

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An elevated trend is noticed in MEK prices.

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An elevated trend is noticed in butyl cellosolve prices these days.

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Petrochem sources have reported a huge cut in chromium metal prices in the Mumbai market.

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Oxygen-free copper rod prices were assessed lower in the Delhi market today.

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The Kandla port sources reported a rise in C10 Solvent prices today.

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A hike in methanol prices was noticed today, at Kandla.

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Market sources reported that MDC prices were reduced in Mumbai today.

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On May 4, 2022, the Hazira market witnessed a fall in butyl acrylate monomer prices.

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Tight supply coupled with high demand has raised formaldehyde prices in the Mumbai market.

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