News & Bulletin Updates

8Extension of Deadline for Comments on Public Notice for New LPG Pipeline Development in India [PNGRB]
8Transcript of Earnings Call [SIL]
8Changes in Directorship [IGL]

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8Project Name: Burdwan District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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8Project Name: Arwal, Jehanabad, Bhojpur and Buxar District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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Briquette Fired Boiler Green field Project
8Cost: Rs. 27Cr.
8Project Event: The RFQ for Providing and fixing Rolling shutters and Handrailing in the Briquette-Fired Boiler Plant has been out, and the bid due date is January 17, 2025. Construction and installation are in full swing, with steady progress being made. The project is likely to be commissioned at the end of February 2025
Effluent Treatment Plant Upgrade Project
8Cost: Rs. 100Cr.
8Project Event:Due to a lack of suitable bidders, the bid due date for the LSTK contractor has been extended from January 14 to February 4, 2025.

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8A quick look at today's developments in E&P and midstream-downstream, and CGD section

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Why are some if not all industrial clusters unwilling to transition to use of gas instead of highly polluting usage of coal, naphtha and petcoke?
8And why are enforcing agencies unwilling to enforce the transition
8Here is a gas company that ended up spending Rs 400 crore in getting the gas lines ready but is now left with no customers from the industrial belt
8This is a story likely to ring true in many if not all clusters across the country

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Clearly, Indian refineries have a lot of money, and some of them do not know where to spend it
8So the place where we money is now going is into commodity polymer projects, like the project above
8But is that a wise investment at all?
Perhaps not

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Why are some if not all industrial clusters unwilling to transition to use of gas instead of highly polluting usage of coal, naphtha and petcoke?
8And why are enforcing agencies unwilling to enforce the transition
8Here is a gas company that ended up spending Rs 400 crore in getting the gas lines ready but is now left with no customers from the industrial belt
8This is a story likely to ring true in many if not all clusters across the country

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Here is a Rs 185 crore E&P expansion plan
8And it involves drilling of infill wells

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Under Arun Kumar Singh, CEO of ONGC has caused a dramatic shift in its procurement policies
8There is a design engineering consultant which has now been brought in, to double up on the engineering work before a bid is taken out, and then to work with the company to assist in the bidding process and then to go on and supervise the job too
8Most ONGC jobs had no FEED before, so now bidders will get a better idea on their bid price with a FEED in hand
8There should ideally be a big rush for the job of such consultants in India
8But the response has been lukewarm

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Here is a massive Rs 8000 crore onland E&P plan
8Very big project by every yardstick
8It involves drilling hundreds of onland wells
8Each well will take up to 4 months to drill and it will be done on multiple sites

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For this major petrochemical project, the PMC is settled
8So is the technology supplier
8The FEED documents are ready
8And it is looking for an EPC contractor now

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8Agri-sector in Delhi feels the pinch as costs climb for Nicosulfuron a key herbicide ingredient

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8Mumbai witnesses a price hike in Compound Fertilizer Grade 45%CL, impacting agricultural input costs

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8What is the current domestic price? And how much has it changed since yesterday?

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8Ethyl acrylate prices have witnessed an upward revision in the Mumbai market today

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8Track the current prices and compare them to yesterday's to identify any changes

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8The price of orthoxylene experienced a slight increase at Kandla port today

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8Find out how much prices have moved

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8The Mumbai chemical market has reported a hike in the price of benzyl alcohol

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8How much have Phosphorus prices changed in India over time? Find out

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8Today reflects a rise in PS(HIPS) prices within the Mumbai petrochemicals market, indicating a shift in market trends

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8Indian Petrochem analysts have reported a sharp cut in hexaconazole prices in the Delhi market

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8Compare the current prices of Fungicides in India to their previous prices

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