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Oct 2017
8Project Name: Thermal Power Plant - FGD Addition
8Project Cost: Rs 700 crore
8Project Description: The owner is carrying out the basic engineering activities for installation of a FGD at it's 1400 MW (2*700 MW) Super Thermal Power complex, in order to comply with the new environmental norms. The company is expected to float tenders for the same. The installation work is likely to begin by August 2018.
8Project Event: RFQ for installation of Flue Gas Desulphurization Plant is expected by second quarter of 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q2:2018
8Release Date: Q2:2018
8Start Date: Q3:2018
8Completion Date: Q4:2021
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8Project Cost: Rs 700 crore
8Project Description: The owner is carrying out the basic engineering activities for installation of a FGD at it's 1400 MW (2*700 MW) Super Thermal Power complex, in order to comply with the new environmental norms. The company is expected to float tenders for the same. The installation work is likely to begin by August 2018.
8Project Event: RFQ for installation of Flue Gas Desulphurization Plant is expected by second quarter of 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q2:2018
8Release Date: Q2:2018
8Start Date: Q3:2018
8Completion Date: Q4:2021
Click here for more information Details
Ammonia-Urea Brownfield Project: Award postponed
8Cost - Rs 5000 Crore
8Project Description: A Fertilizer company is awaiting environment clearance for its brownfield ammonia-urea project with a capacity 2200 MTPD of ammonia and 3850 MTPD of urea
8Project Event: RFQs for LSTK contractor was floated in February 2017 and the award of the tender which was expected in August-September, 2017, has now been put off to November-December, 2017 due to further clarifications sought from the bidder.
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Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Description: A Fertilizer company is planning is planning to take an annual maintenance shutdown in May or June 2018 in its Tuticorin fertilizer complex. The existing capacity of the complex is 1260 MTPD of Ammonia, 1880 MTPD of Urea. There is also an 18 MW captive power unit as well. Pre Qualification is necessary for a maintenance contractor.
8Project Event: Tender for the annual maintenance contractor is likely to be released in January 2018
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8Cost - Rs 5000 Crore
8Project Description: A Fertilizer company is awaiting environment clearance for its brownfield ammonia-urea project with a capacity 2200 MTPD of ammonia and 3850 MTPD of urea
8Project Event: RFQs for LSTK contractor was floated in February 2017 and the award of the tender which was expected in August-September, 2017, has now been put off to November-December, 2017 due to further clarifications sought from the bidder.
Click here for more information
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Description: A Fertilizer company is planning is planning to take an annual maintenance shutdown in May or June 2018 in its Tuticorin fertilizer complex. The existing capacity of the complex is 1260 MTPD of Ammonia, 1880 MTPD of Urea. There is also an 18 MW captive power unit as well. Pre Qualification is necessary for a maintenance contractor.
8Project Event: Tender for the annual maintenance contractor is likely to be released in January 2018
Click here for more information Details Details
8Massive increases in energy efficiency have saved the consumption of a very large volume of oil and gas globally and also in India. Find out the latest assessment of energy savings resulting out of higher energy efficiency drive since 2000 till now. Click on Report for more.
8Trump administration plans to delay methane controls on oil and gas. Click on Report for more.
8Find out why Central Gujarat is emerging as potential investment centre for oil & gas small and medium enterprises. Click on Report for more.
8Given the massive investment in Mozambique by the public sector Indian trio -- made up of ONGC, OIL and BPCL -- the Indian government is now busy improving the bilateral relationship with the African country. Besides oil and gas, India has also invested in coal mining in Mozambique in a big way. Click on Report for more.
8Different technology options require different infrastructures, from district heating systems, power or gas/ hydrogen distribution grids. Urgent debate is needed to determine the best options, given the long term lead-time for installing the necessary infrastructure. Click on Report for more.
8A ccommercial-scale project for renewable methane from renewable energy is expected by 2020 but policy support is still lacking. Click on Report for more.
8Range of levelised costs of energy for selected commercially available renewable energy technologies compared to non-renewable energy costs is carried here. Click on Report for more.
8Projections differ widely over what will be the projected 10-year renewable energy shares (primary) until 2050. The website carries here details of projections made by different global agencies and companies. click on Report for more.
8Adani has launched a PR offensive against rising resentment in Australia over its coal mining plans. Has it done a good job out of it? Click on Report for more. Details
8Trump administration plans to delay methane controls on oil and gas. Click on Report for more.
8Find out why Central Gujarat is emerging as potential investment centre for oil & gas small and medium enterprises. Click on Report for more.
8Given the massive investment in Mozambique by the public sector Indian trio -- made up of ONGC, OIL and BPCL -- the Indian government is now busy improving the bilateral relationship with the African country. Besides oil and gas, India has also invested in coal mining in Mozambique in a big way. Click on Report for more.
8Different technology options require different infrastructures, from district heating systems, power or gas/ hydrogen distribution grids. Urgent debate is needed to determine the best options, given the long term lead-time for installing the necessary infrastructure. Click on Report for more.
8A ccommercial-scale project for renewable methane from renewable energy is expected by 2020 but policy support is still lacking. Click on Report for more.
8Range of levelised costs of energy for selected commercially available renewable energy technologies compared to non-renewable energy costs is carried here. Click on Report for more.
8Projections differ widely over what will be the projected 10-year renewable energy shares (primary) until 2050. The website carries here details of projections made by different global agencies and companies. click on Report for more.
8Adani has launched a PR offensive against rising resentment in Australia over its coal mining plans. Has it done a good job out of it? Click on Report for more. Details
Many competitive fuels are now fighting to take on gas as a fuel and feedstock in the Indian market.
8Besides liquid fuels such as petroleum coke, it is learned that ethane and LPG are now being increasingly used by industrial users in preference to gas.
8Nowhere is the new trend more pronounced than in the industrial cluster of Morbi, where 15 new propane-based units are coming up and many more are in various stages of construction. LPG usage too has gone up.
8Interestingly, coal is also a relevant fuel for the furnace owner as its price is cheaper than LNG.
8Then again, what has made matters worse is that due to restrictions in Australian LNG exports, spot gas prices have increased by 35% to USD8.4/mmBtu over the past four weeks
8A large chunk of industrial demand in India is dependent on spot LNG, as its prices had been hovering lower than long-term crude-lined LNG prices after crude values fell.
8Another factor that has hit gas suppliers is the non-inclusion of gas in GST. This has cut industrial volumes sharply in some industrial clusters where LNG usage was preponderant.
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8Besides liquid fuels such as petroleum coke, it is learned that ethane and LPG are now being increasingly used by industrial users in preference to gas.
8Nowhere is the new trend more pronounced than in the industrial cluster of Morbi, where 15 new propane-based units are coming up and many more are in various stages of construction. LPG usage too has gone up.
8Interestingly, coal is also a relevant fuel for the furnace owner as its price is cheaper than LNG.
8Then again, what has made matters worse is that due to restrictions in Australian LNG exports, spot gas prices have increased by 35% to USD8.4/mmBtu over the past four weeks
8A large chunk of industrial demand in India is dependent on spot LNG, as its prices had been hovering lower than long-term crude-lined LNG prices after crude values fell.
8Another factor that has hit gas suppliers is the non-inclusion of gas in GST. This has cut industrial volumes sharply in some industrial clusters where LNG usage was preponderant.
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Whether a carbon price will help incentivizing developmental actors in India to choose low-carbon growth strategies is still an open and debatable issue.
8Suggestions for benchmarking-monitoring-reporting-verification of all activities by best practices are on the table these days.
8A carbon tax, however, is quite a complex issue for anybody to try to resolve without detailed knowledge and information on pros and cons of each of the alternative interventions and institutional arrangements.
8A computable general equilibrium (CGE) model to conduct climate change policy analysis and simulations in India has now been evolved.
8The analysis is an important contribution in the current debate around carbon tax and its possible impacts on macroeconomic growth.
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8Suggestions for benchmarking-monitoring-reporting-verification of all activities by best practices are on the table these days.
8A carbon tax, however, is quite a complex issue for anybody to try to resolve without detailed knowledge and information on pros and cons of each of the alternative interventions and institutional arrangements.
8A computable general equilibrium (CGE) model to conduct climate change policy analysis and simulations in India has now been evolved.
8The analysis is an important contribution in the current debate around carbon tax and its possible impacts on macroeconomic growth.
Click on Reports for more Details
There is strong opposition to a gas buyer's proposal for a dedicated pipeline to its Surat gas-based power plant.
8Find out more on why anyone who tried to break the stranglehold of monopoly gas suppliers in India faces an uphill task
8Is there a way out of the impasse?
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8Find out more on why anyone who tried to break the stranglehold of monopoly gas suppliers in India faces an uphill task
8Is there a way out of the impasse?
Click on Reports for more Details
The government has reduced the excise duty on diesel and gasoline by Rs 2/liter.
8However, any structural expansion in margins is certainly ruled out under the current environment.
8For oil marketing companies, the immediate outlook is gloomy
8Diesel margins have contracted by around Rs 1/liter over the past fortnight, which needs to reverse in the near term for the restoration of normalcy, claims an analysis.
8Are the stocks of Indian oil marketing companies now overvalued?
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8However, any structural expansion in margins is certainly ruled out under the current environment.
8For oil marketing companies, the immediate outlook is gloomy
8Diesel margins have contracted by around Rs 1/liter over the past fortnight, which needs to reverse in the near term for the restoration of normalcy, claims an analysis.
8Are the stocks of Indian oil marketing companies now overvalued?
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The battle over the suspension of all business dealings by ONGC with Deep Industries Ltd over the alleged misrepresentation of the experience criteria of its foreign collaborator for two gas dehydration tenders in the public sector E&P major's Rajamundry asset has now moved to the courts.
8The court has stayed the suspension order
8ONGC however seems adamant to contest the order.
8But did ONGC overstep its brief by not just suspending business dealings but also seeking a recovery from Deep Industries?
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8The court has stayed the suspension order
8ONGC however seems adamant to contest the order.
8But did ONGC overstep its brief by not just suspending business dealings but also seeking a recovery from Deep Industries?
Click on Details for more Details
Why is Australia trying to restrict LNG supplies abroad?
8This has caused a spike in spot LNG prices
8Does gas supply from Australia face a Sovereign Risk?
8What are the implications for LNG buyers as a result?
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8This has caused a spike in spot LNG prices
8Does gas supply from Australia face a Sovereign Risk?
8What are the implications for LNG buyers as a result?
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As the use of gas faces headwinds, Shell, the world's largest independent producer of gas has warned that unless continuous efforts are made to innovate and bring down the cost of supply, gas may lose its edge as a transition fuel.
8Shell claims that even as prospects brighten in the gas market, the competition is hard and it will become harder still in the future.
8Cutting the price of gas has become an imperative to its success as a transition fuel, Shell claims
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8Shell claims that even as prospects brighten in the gas market, the competition is hard and it will become harder still in the future.
8Cutting the price of gas has become an imperative to its success as a transition fuel, Shell claims
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8High Pressure Water jet Cleaning of transfer lines & Vapour Lines of Delayed Coker Unit and other refinery units Details
8Corrosion Inhibitor Treatment Programme at Delayed Coker Unit for a period of one year Details
8Contract of Hiring of Drilling Rig Services for Exploration Drilling in Block CB-ONN-2010/11 in Gujarat Details
8Cleaning Pigging of Rajahmundry Details
8Calibration of Mass flow meters at refinery Details
8Geotechnical investigation works for carrying out HDD Details
8AMC for Service, Maintenance and Calibration of Gas Detectors at refinery Details
8Annual Maintenance Contract for Cathodic Protection of Mounded Bullet at LPG Bottling Plant Details
8Supply of Sodium Hypochlorite at refinery Details
8Procurement of Control Valves at refinery Details
8Supply of Pressure Vessels for BS VI Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Aramco opens office in India, eyes higher sales Details
8UAE hopeful of extension to crude oil output cut deal: Energy Minister Details
8RIL divests Pennsylvanian upstream assets for $126 million Details
8Reliance executives skip appearance before Delhi ACB for questioning Details
8GST, demonetisation are creating desired impact: FM Arun Jaitley Details
8China-Pakistan Economic Corridor is a development and connectivity project: Pakistan Details
8Gas trucks boom in China as government curbs diesel in war on smog Details
8Hurricane Nate shuts in 92 per cent of U.S. Gulf of Mexico oil output Details
8H-Energy to start importing LNG at Jaigarh port from May 2018 Details
8India has to grow faster, running against time: FM Arun Jaitley Details
8Petrol pump dealers strike: 54,000 outlets to remain shut on October 13 Details
8Asian spot LNG edges to highest level since January ahead of winter Details
8Government wins award against Reliance Industries in arbitration case Details
8PM Narendra Modi set to meet big guns of oil firms Details
You can also click on Newsclips for more Details
8High Pressure Water jet Cleaning of transfer lines & Vapour Lines of Delayed Coker Unit and other refinery units Details
8Corrosion Inhibitor Treatment Programme at Delayed Coker Unit for a period of one year Details
8Contract of Hiring of Drilling Rig Services for Exploration Drilling in Block CB-ONN-2010/11 in Gujarat Details
8Cleaning Pigging of Rajahmundry Details
8Calibration of Mass flow meters at refinery Details
8Geotechnical investigation works for carrying out HDD Details
8AMC for Service, Maintenance and Calibration of Gas Detectors at refinery Details
8Annual Maintenance Contract for Cathodic Protection of Mounded Bullet at LPG Bottling Plant Details
8Supply of Sodium Hypochlorite at refinery Details
8Procurement of Control Valves at refinery Details
8Supply of Pressure Vessels for BS VI Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Aramco opens office in India, eyes higher sales Details
8UAE hopeful of extension to crude oil output cut deal: Energy Minister Details
8RIL divests Pennsylvanian upstream assets for $126 million Details
8Reliance executives skip appearance before Delhi ACB for questioning Details
8GST, demonetisation are creating desired impact: FM Arun Jaitley Details
8China-Pakistan Economic Corridor is a development and connectivity project: Pakistan Details
8Gas trucks boom in China as government curbs diesel in war on smog Details
8Hurricane Nate shuts in 92 per cent of U.S. Gulf of Mexico oil output Details
8H-Energy to start importing LNG at Jaigarh port from May 2018 Details
8India has to grow faster, running against time: FM Arun Jaitley Details
8Petrol pump dealers strike: 54,000 outlets to remain shut on October 13 Details
8Asian spot LNG edges to highest level since January ahead of winter Details
8Government wins award against Reliance Industries in arbitration case Details
8PM Narendra Modi set to meet big guns of oil firms Details
You can also click on Newsclips for more Details
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 800 crores
8Project Description: The owner along with the consultant is writing out the detailed project report for scoping the environment clearance for a 88.5 MW (3*29.5 MW) greenfield hydel project on BOOT basis. TOR has been accorded on 12 January 2015 which would be valid for five years. Baseline studies for hydrology and power potential studies have been approved by the CEA and CWC. DPR is in advanced stages of completion. Socio-economic survey, public hearing and detailed EIA report are pending and would take another 9 to 10 months for completion. The owner will come out with an EPC contract after getting EC.
8Project Event: RFQ for an EPC contractor is expected by fourth quarter of 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q2:2019
8Completion Date: Q3:2023
Click here for more information Details
8Project Cost: 800 crores
8Project Description: The owner along with the consultant is writing out the detailed project report for scoping the environment clearance for a 88.5 MW (3*29.5 MW) greenfield hydel project on BOOT basis. TOR has been accorded on 12 January 2015 which would be valid for five years. Baseline studies for hydrology and power potential studies have been approved by the CEA and CWC. DPR is in advanced stages of completion. Socio-economic survey, public hearing and detailed EIA report are pending and would take another 9 to 10 months for completion. The owner will come out with an EPC contract after getting EC.
8Project Event: RFQ for an EPC contractor is expected by fourth quarter of 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q2:2019
8Completion Date: Q3:2023
Click here for more information Details
8Industrial use of diesel on account of lack of an adequate distribution grid will face increasing headwinds on account of the spread of renewable energy micro grids. Even with current storage technology, the cost of power turns out to be cheaper than power crunched out by diesel generation sets. Click on Report for more.
8Strong product prices, robust cracks, and inventory gains are key triggers for MRPL unless of course a crude price increase brings back the old days of sustained under-recoveries. Click on Report for more.
8There is a fresh Rs 11,000 crore refinery-cum-petrochemical expansion programme coming up and business development opportunities will be available. Click on Report for more.
8The dynamics of daily fuel price revisions: find out what is good and bad about it and what's the way out of the current conundrum. Click on Report for more.
8State-wise kerosene allocations for the third quarter of 2017-18. Click on Report for more.
8Tanker scrapping accelerates amid soft earnings and higher recycling rates. Click on Report for more.
8Suezmax earnings on the Baltic Exchange rebound to above $10,000 per day. Click on Report for more.
8Google is working with Rolls-Royce on autonomous shipping. Click on Report for more.
8Sembcorp Marine has axed more rig contracts. Click on Report for more.
8Latest maritime intelligence report. Click on Report for more.
8Find out more on this one Indian company trying to become a global player in the pressure regulating valves and allied process control systems. Click on Report for more.
8The website carries here a Porter’s Five Forces Framework Analysis of the oil & gas sector. Find out more on why the India story is still intact and more investments are expected in the sector. Click on Report for more.
8The difference between Japanese LNG price and US Henry Hub price has been fluctuating with the gap widening and then narrowing again. Find out more on what is going on in this market. Also find out the latest spot LNG prices in US, Japan, China and UK. Click on Report for more.
8Please look up our Prices section for daily spot LNG rates around the world as well as daily LNG carrier rates. Click on Report for more. Details
8Strong product prices, robust cracks, and inventory gains are key triggers for MRPL unless of course a crude price increase brings back the old days of sustained under-recoveries. Click on Report for more.
8There is a fresh Rs 11,000 crore refinery-cum-petrochemical expansion programme coming up and business development opportunities will be available. Click on Report for more.
8The dynamics of daily fuel price revisions: find out what is good and bad about it and what's the way out of the current conundrum. Click on Report for more.
8State-wise kerosene allocations for the third quarter of 2017-18. Click on Report for more.
8Tanker scrapping accelerates amid soft earnings and higher recycling rates. Click on Report for more.
8Suezmax earnings on the Baltic Exchange rebound to above $10,000 per day. Click on Report for more.
8Google is working with Rolls-Royce on autonomous shipping. Click on Report for more.
8Sembcorp Marine has axed more rig contracts. Click on Report for more.
8Latest maritime intelligence report. Click on Report for more.
8Find out more on this one Indian company trying to become a global player in the pressure regulating valves and allied process control systems. Click on Report for more.
8The website carries here a Porter’s Five Forces Framework Analysis of the oil & gas sector. Find out more on why the India story is still intact and more investments are expected in the sector. Click on Report for more.
8The difference between Japanese LNG price and US Henry Hub price has been fluctuating with the gap widening and then narrowing again. Find out more on what is going on in this market. Also find out the latest spot LNG prices in US, Japan, China and UK. Click on Report for more.
8Please look up our Prices section for daily spot LNG rates around the world as well as daily LNG carrier rates. Click on Report for more. Details
The website carries here the growth story of a non-metro city gas distribution company, whose profits have swelled on the back of rising sales and a monopoly distribution mandate.
8But the city gas distribution story has not been fully written out yet.
8The need for a subsidy on supply of CNG when Euro VI fuels are available will come under debate when looked at from the point of view of harmful greenhouse emissions.
8Then again, the relentless advance of renewable energy solutions can make households go all electric instead of relying on gas.
8If a five-year horizon is taken into account, the future of city gas distribution becomes a big imponderable.
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8But the city gas distribution story has not been fully written out yet.
8The need for a subsidy on supply of CNG when Euro VI fuels are available will come under debate when looked at from the point of view of harmful greenhouse emissions.
8Then again, the relentless advance of renewable energy solutions can make households go all electric instead of relying on gas.
8If a five-year horizon is taken into account, the future of city gas distribution becomes a big imponderable.
Click on Reports for more Details
The one problem for a hydrogen-based mobility revolution is the high cost of transporting and dispensing of the fuel.
8Many of the initial hydrogen stations were deployed at about $2 million to $3 million per station. Most government and industry consortium estimates suggest that average cost will drop over time to more like $1 million per station and potentially as low as $0.5 million for relatively small stations.
8In Japan and the US, governments are part funding these stations.
8By the end of 2016 there were about 4,000 fuel cell cars, plus several hundred fuel cell buses, with more than 150 hydrogen stations.
8Considering all that, a Hydrogen Council report indicates that the combined tally of goals and announcements by governments could reach about 3,000 total hydrogen stations and support a total of 2 million hydrogen fuel cell vehicles in the 2025 time frame.
8The same report estimates that government plans for 2,000 hydrogen stations in Europe, 800 in Asia, and 600 in the United States would be enough to help enable the fuel cell vehicle market with a self-sustaining hydrogen fueling infrastructure.
8Alternatives continue to emerge in terms of the hydrogen station footprint and its revenue streams. Existing gasoline and diesel stations can lease space to hydrogen station developers, generating income for themselves, as well as potentially reducing costs for the hydrogen providers relative to developing entirely new fuel station sites.
8Many of the early stations are indeed located at existing gas stations.
8Japan has an ambitious target of going all hydrogen instead of all electric with its mobility revolution.
8It is time for India too to look at the hydrogen economy with more seriousness than it has done so far
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8Many of the initial hydrogen stations were deployed at about $2 million to $3 million per station. Most government and industry consortium estimates suggest that average cost will drop over time to more like $1 million per station and potentially as low as $0.5 million for relatively small stations.
8In Japan and the US, governments are part funding these stations.
8By the end of 2016 there were about 4,000 fuel cell cars, plus several hundred fuel cell buses, with more than 150 hydrogen stations.
8Considering all that, a Hydrogen Council report indicates that the combined tally of goals and announcements by governments could reach about 3,000 total hydrogen stations and support a total of 2 million hydrogen fuel cell vehicles in the 2025 time frame.
8The same report estimates that government plans for 2,000 hydrogen stations in Europe, 800 in Asia, and 600 in the United States would be enough to help enable the fuel cell vehicle market with a self-sustaining hydrogen fueling infrastructure.
8Alternatives continue to emerge in terms of the hydrogen station footprint and its revenue streams. Existing gasoline and diesel stations can lease space to hydrogen station developers, generating income for themselves, as well as potentially reducing costs for the hydrogen providers relative to developing entirely new fuel station sites.
8Many of the early stations are indeed located at existing gas stations.
8Japan has an ambitious target of going all hydrogen instead of all electric with its mobility revolution.
8It is time for India too to look at the hydrogen economy with more seriousness than it has done so far
Click on Reports for more Details
A lot of how the cost of hydrogen would develop will depend upon what kind of fuel source that is used.
8Hydrogen can be made using gas for steam reforming or through normal power through the electrolysis route.
8If renewable energy is used as a source of power, then greenhouse emission levels can in fact be nil.
8Also if the cost of renewable energy used to make hydrogen comes down, as it can during the day, the eventual cost of manufacturing hydrogen can be even lower, at $3/kg
8Not just that, hydrogen can also be a power storage fuel for renewable energy, thereby enhancing the uptake of renewables on the grid. Hydrogen fueling stations could then provide energy storage and revenue for grid utilities.
8The point to note is that even if gas is used as fuel, the lifecycle carbon emission levels are lower than conventional cars.
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8Hydrogen can be made using gas for steam reforming or through normal power through the electrolysis route.
8If renewable energy is used as a source of power, then greenhouse emission levels can in fact be nil.
8Also if the cost of renewable energy used to make hydrogen comes down, as it can during the day, the eventual cost of manufacturing hydrogen can be even lower, at $3/kg
8Not just that, hydrogen can also be a power storage fuel for renewable energy, thereby enhancing the uptake of renewables on the grid. Hydrogen fueling stations could then provide energy storage and revenue for grid utilities.
8The point to note is that even if gas is used as fuel, the lifecycle carbon emission levels are lower than conventional cars.
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Indian Oil Corporation has been experimenting with hydrogen vehicles for over a decade but that was at a time when the cost of hydrogen fuel was far too prohibitive
8But the technology is now maturing and there is increasing talk of hydrogen vehicles competing with their conventional counterparts as early as 2025.
8The economics is slowly but inexorably turning out to be favourable.
8A basic calculation of the fueling costs, on a per-kilometer basis, puts hydrogen prices into context for a potential fuel cell vehicle consumer. A future hydrogen price of $4 per kilogram is equivalent to about 3.7 cents per kilometer for existing hydrogen cars now produced by the likes of Toyota, Hyundai, Renault and others.
8But at a current hydrogen cost of about $10 per kilogram results in a cost per kilometer that is 2.5 times greater. Comparable conventional cars cost about 5.8 to 6.9 cents per kilometer to fuel, based on 80 cents per liter ($3 per gallon) gasoline, meaning the fuel cell vehicles are 37%–47% less expensive per kilometer to fuel at the expected future price of hydrogen. The point to also note is that fuel cell vehicles are significantly more efficient than conventional engines.
8The cost advantage remains true as long as the price of hydrogen is roughly $4 per kilogram, or more generally stays within 30%–40% of the price-per-unit energy of gasoline excluding fuel taxes.
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8But the technology is now maturing and there is increasing talk of hydrogen vehicles competing with their conventional counterparts as early as 2025.
8The economics is slowly but inexorably turning out to be favourable.
8A basic calculation of the fueling costs, on a per-kilometer basis, puts hydrogen prices into context for a potential fuel cell vehicle consumer. A future hydrogen price of $4 per kilogram is equivalent to about 3.7 cents per kilometer for existing hydrogen cars now produced by the likes of Toyota, Hyundai, Renault and others.
8But at a current hydrogen cost of about $10 per kilogram results in a cost per kilometer that is 2.5 times greater. Comparable conventional cars cost about 5.8 to 6.9 cents per kilometer to fuel, based on 80 cents per liter ($3 per gallon) gasoline, meaning the fuel cell vehicles are 37%–47% less expensive per kilometer to fuel at the expected future price of hydrogen. The point to also note is that fuel cell vehicles are significantly more efficient than conventional engines.
8The cost advantage remains true as long as the price of hydrogen is roughly $4 per kilogram, or more generally stays within 30%–40% of the price-per-unit energy of gasoline excluding fuel taxes.
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Now that renewable energy capacity is surging, it is an opportunity for gas-based power plants, with their ability to ramp up much faster than coal-fired stations, to plug the gap in supply when renewable power gets switched off in the evening.
8And this can well be the last and final opportunity for use of gas in power plants in India. if the bus is missed, then it will be missed forever.
8All kinds of alternatives to fill in the supply gap is being thought of, including pumped storage plants, batteries, compressed or even liquid air storage systems and flywheels.
8But all of them are not capable of taking on the challenge at hand. At least not in the immediate future.
8There is the real threat however of ordinary coal-based power plants to be used as peaking load stations with some equipment modifications. What is being investigated now are innovation in coal-based power plants for quick start-up, quick ramp up and ramp down of generation and sustained low load operation.
8A coal-based thermal power plant will have go through a burner upgrade, use new materials to handle thermal stresses in the superheater and reheater tubes and stronger monitoring of turbine blade vibrations and air distribution in the boiler to take care of exigencies.
8The way out is for a lot of spare coal-based thermal capacity to develop a flexible generation service, by using what will be a pre-defined ramp up and ramp down rate over a sustained period.
8A new thermal power generation policy matrix will have to be worked out.
8In case thermal power plants are able to take the load, along with demand-side changes and the necessary grid modification needed to take on the surge in renewable power, gas-based power plants may become redundant on account of high cost of gas.
8If that happens, that be the end of the story for gas-based power plants. This will also mean that gas suppliers will have to look at other sectors for uplift of gas. It will also significantly change gas demand projections in India.
8If coal-based thermal capacity is unable to take the load, gas power will be relevant until affordable alternatives are developed.
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8And this can well be the last and final opportunity for use of gas in power plants in India. if the bus is missed, then it will be missed forever.
8All kinds of alternatives to fill in the supply gap is being thought of, including pumped storage plants, batteries, compressed or even liquid air storage systems and flywheels.
8But all of them are not capable of taking on the challenge at hand. At least not in the immediate future.
8There is the real threat however of ordinary coal-based power plants to be used as peaking load stations with some equipment modifications. What is being investigated now are innovation in coal-based power plants for quick start-up, quick ramp up and ramp down of generation and sustained low load operation.
8A coal-based thermal power plant will have go through a burner upgrade, use new materials to handle thermal stresses in the superheater and reheater tubes and stronger monitoring of turbine blade vibrations and air distribution in the boiler to take care of exigencies.
8The way out is for a lot of spare coal-based thermal capacity to develop a flexible generation service, by using what will be a pre-defined ramp up and ramp down rate over a sustained period.
8A new thermal power generation policy matrix will have to be worked out.
8In case thermal power plants are able to take the load, along with demand-side changes and the necessary grid modification needed to take on the surge in renewable power, gas-based power plants may become redundant on account of high cost of gas.
8If that happens, that be the end of the story for gas-based power plants. This will also mean that gas suppliers will have to look at other sectors for uplift of gas. It will also significantly change gas demand projections in India.
8If coal-based thermal capacity is unable to take the load, gas power will be relevant until affordable alternatives are developed.
Click on Reports for more Details
8Project Name: Captive Power Plant
8Project Cost: Rs 8 Crore
8Project Description: An operator is planning to install gas-based captive power plant consisting of two 800 KW units within its residential premises. The natural gas, a reliable water supply, defined electrical distribution network and a load center within close vicinity of the Generation Point would be provided by the promoter. CPCB Clearance for the project is also pending. Environmental Clearance for the project is expected by Q2 2018. Further RFQ's for the project are expected shortly.
8Project Event: RFQ for hiring EIA consultant is expected by January 2018
RFQ's for hiring the LSTK contractor for the project is expected by March 2018.
8Expenditure Approval: Dec/2017
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q3/2018
8Completion Date: Q2/2020
Click here for details
8Project Name: Greenfield POL Terminal Project
8Project Cost: Rs 140 Crore
8Project Description: An existing company is planning to construct a POL terminal with a capacity of 24458 KL at Kalaburagi, Karnataka.
8Project Event: RFQ for Project Management Consultant is to be expected by December 2017.
8Expenditure Approval : Q2:2017
8RFQ Date : Dec/2017
8Release Date : Jan/2018
8Start Date : Q1:2018
8Completion Date : Q1:2020
Click here for more details. Details
8Project Cost: Rs 8 Crore
8Project Description: An operator is planning to install gas-based captive power plant consisting of two 800 KW units within its residential premises. The natural gas, a reliable water supply, defined electrical distribution network and a load center within close vicinity of the Generation Point would be provided by the promoter. CPCB Clearance for the project is also pending. Environmental Clearance for the project is expected by Q2 2018. Further RFQ's for the project are expected shortly.
8Project Event: RFQ for hiring EIA consultant is expected by January 2018
RFQ's for hiring the LSTK contractor for the project is expected by March 2018.
8Expenditure Approval: Dec/2017
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q3/2018
8Completion Date: Q2/2020
Click here for details
8Project Name: Greenfield POL Terminal Project
8Project Cost: Rs 140 Crore
8Project Description: An existing company is planning to construct a POL terminal with a capacity of 24458 KL at Kalaburagi, Karnataka.
8Project Event: RFQ for Project Management Consultant is to be expected by December 2017.
8Expenditure Approval : Q2:2017
8RFQ Date : Dec/2017
8Release Date : Jan/2018
8Start Date : Q1:2018
8Completion Date : Q1:2020
Click here for more details. Details
Ammonia-Urea Greenfield Project
8Cost - Rs 5000 Crore
8Project Description: A Fertilizer company is planning a greenfield ammonia-urea plant with a capacity 2200 MTPD of ammonia, 3500 MTPD of urea at Manali in Tamilnadu. The project is on hold due to lack of funds for now
8Project Event: RFQs for LSTK contractor is likely to be released in January 2019.
Click here for more information
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 35 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in March or April 2019 at their existing fertilizer complex at Kakinada in Andhra Pradesh. The existing capacity is made up of 2600 MTPD of Ammonia, 4560 MTPD of Urea and 30 MW of Captive Power Unit. Pre-Vendor Qualification is necessary for maintenance contractor
8Project Event: Tender for maintenance contractor is likely to be released in December 2018 or January 2019
Click here for more information
NPK-DAP Greenfield Project
8Cost - Rs 987 Crore
8Project Description: A Fertilizer company is awaiting clearance for its greenfield DAP-NPK unit with a capacity 1000000 MTPA of DAP-NPK at Mangalore in Karnataka. The company is preparing a Detail Project Report (DPR).
8Project Event: RFQs for LSTK contractor is likely to be released in November 2017
Click here for more information
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in March or April 2018 at their existing fertilizer complex at Manali in Tamilnadu. The existing capacity is made up of 1050 MTPD of Ammonia, 1475 MTPD of Urea, 2550 MTPD of DAP and 5 MW of Captive Power. Pre-Vendor Qualification is necessary for a maintenance contractor.
8Project Event: Tender for maintenance contractor is likely to be released in December 2017 or January 2018.
Click here for more information Details
8Cost - Rs 5000 Crore
8Project Description: A Fertilizer company is planning a greenfield ammonia-urea plant with a capacity 2200 MTPD of ammonia, 3500 MTPD of urea at Manali in Tamilnadu. The project is on hold due to lack of funds for now
8Project Event: RFQs for LSTK contractor is likely to be released in January 2019.
Click here for more information
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 35 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in March or April 2019 at their existing fertilizer complex at Kakinada in Andhra Pradesh. The existing capacity is made up of 2600 MTPD of Ammonia, 4560 MTPD of Urea and 30 MW of Captive Power Unit. Pre-Vendor Qualification is necessary for maintenance contractor
8Project Event: Tender for maintenance contractor is likely to be released in December 2018 or January 2019
Click here for more information
NPK-DAP Greenfield Project
8Cost - Rs 987 Crore
8Project Description: A Fertilizer company is awaiting clearance for its greenfield DAP-NPK unit with a capacity 1000000 MTPA of DAP-NPK at Mangalore in Karnataka. The company is preparing a Detail Project Report (DPR).
8Project Event: RFQs for LSTK contractor is likely to be released in November 2017
Click here for more information
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in March or April 2018 at their existing fertilizer complex at Manali in Tamilnadu. The existing capacity is made up of 1050 MTPD of Ammonia, 1475 MTPD of Urea, 2550 MTPD of DAP and 5 MW of Captive Power. Pre-Vendor Qualification is necessary for a maintenance contractor.
8Project Event: Tender for maintenance contractor is likely to be released in December 2017 or January 2018.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Expression of interest for obtaining ROU and laying of pipeline in Padraarea of Cambay Asset Details
8Carrying out civil works at drill site "NGAF" in Geleky area Details
8Supply of ERW Linepipes Details
8Supply of Diammonium Phosphate at refinery Details
8Supply of Turbine and Compressor Spares in refinery Details
8Supply of De Oiling Polyelectrolyte in refinery Details
8Annual Maintenance Contract for Gas Chromatograph in refinery Details
8Procurement of Level and Flow Transmitters at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Anti Corruption Branch calls RIL Executive Director for questioning Details
8India to renegotiate LNG rate with US, Russia Details
8Iraqi PM meets with CEOs of Total and Thales during visit to Paris Details
8Tokyo Gas will not accept destination clauses in new LNG contracts - president Details
8Saudi Aramco not discussing stake in Novatek's Arctic LNG project -CEO Details
8New nanomaterial can create hydrogen fuel from seawater Details
8Total eyes 10 per cent of French retail gas and electricity market Details
8Oil steady as talk of new OPEC deal balances U.S. exports Details
8Saudi oil minister: U.S. shale oil coming to market in 2018 "doesn't bother me" Details
8Excise duty cut on fuel is a drop in the ocean: Sena Details
You can also click on Newsclips for more Details
8Expression of interest for obtaining ROU and laying of pipeline in Padraarea of Cambay Asset Details
8Carrying out civil works at drill site "NGAF" in Geleky area Details
8Supply of ERW Linepipes Details
8Supply of Diammonium Phosphate at refinery Details
8Supply of Turbine and Compressor Spares in refinery Details
8Supply of De Oiling Polyelectrolyte in refinery Details
8Annual Maintenance Contract for Gas Chromatograph in refinery Details
8Procurement of Level and Flow Transmitters at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Anti Corruption Branch calls RIL Executive Director for questioning Details
8India to renegotiate LNG rate with US, Russia Details
8Iraqi PM meets with CEOs of Total and Thales during visit to Paris Details
8Tokyo Gas will not accept destination clauses in new LNG contracts - president Details
8Saudi Aramco not discussing stake in Novatek's Arctic LNG project -CEO Details
8New nanomaterial can create hydrogen fuel from seawater Details
8Total eyes 10 per cent of French retail gas and electricity market Details
8Oil steady as talk of new OPEC deal balances U.S. exports Details
8Saudi oil minister: U.S. shale oil coming to market in 2018 "doesn't bother me" Details
8Excise duty cut on fuel is a drop in the ocean: Sena Details
You can also click on Newsclips for more Details
8Project Name: Hydro Power Station Maintenance Project
8Project Cost: 12 crores
8Project Description: The owner has planned a 6-days scheduled maintenance of Unit-3 (200 MW) in the 800 MW Hydro Power Station covering annual inspection and overhaul of equipment which includes overhauling of auxiliary parts of the turbine-generator set, bearing sets, seals, governor and oil cooling unit.
8Project Event: RFQ for equipment required maintenance is expected by third week of October 2017.
8Expenditure Approval: Apr/2017
8RFQ Date: 25/Oct/2017
8Release Date: Nov/2017
8Start Date: 14/Jan/2018
8Completion Date: 19/Jan/2018
Click here for more information Details
8Project Cost: 12 crores
8Project Description: The owner has planned a 6-days scheduled maintenance of Unit-3 (200 MW) in the 800 MW Hydro Power Station covering annual inspection and overhaul of equipment which includes overhauling of auxiliary parts of the turbine-generator set, bearing sets, seals, governor and oil cooling unit.
8Project Event: RFQ for equipment required maintenance is expected by third week of October 2017.
8Expenditure Approval: Apr/2017
8RFQ Date: 25/Oct/2017
8Release Date: Nov/2017
8Start Date: 14/Jan/2018
8Completion Date: 19/Jan/2018
Click here for more information Details
Just when Indian Oil Corporation is on a roll after the successful commissioning of the 15 MMTPA Paradip refinery, the sharp flare up in crude prices has evoked fears of a rollback of deregulation by a government fearful of the political fallout of high retail prices.
8The website carries here a series of projections on the company's fundamentals over the next two years
8But that is assuming nil under-recoveries
8Any potential imposition of subsidies will act as a drag on earnings
8Regulatory change in the form of a reduction in duty protection will lower refining margins.
Click on Reports for more: Details
8The website carries here a series of projections on the company's fundamentals over the next two years
8But that is assuming nil under-recoveries
8Any potential imposition of subsidies will act as a drag on earnings
8Regulatory change in the form of a reduction in duty protection will lower refining margins.
Click on Reports for more: Details
Find our more on the following topics:
8Is India ready to embrace value added petrochemicals?
8A case for development of benzene value chain in India – lessons from China
8Maximizing refinery margins by Petrochemicals Integration
8Coal to olefins – relative economics in low crude oil regime & status of projects in China
8Logistics and supply chain dynamics for petrochemicals
Click on Reports for more Details
8Is India ready to embrace value added petrochemicals?
8A case for development of benzene value chain in India – lessons from China
8Maximizing refinery margins by Petrochemicals Integration
8Coal to olefins – relative economics in low crude oil regime & status of projects in China
8Logistics and supply chain dynamics for petrochemicals
Click on Reports for more Details
Saudi Arabia’s leadership of OPEC production cuts comes at a huge cost to itself.
8It is cutting its export volumes and losing market share in key destinations to countries that are also part of the output deal.
8It has lost ground to rivals selling in some of its Asian export markets, most particularly China and India.
8Saudi Arabia is no longer China’s largest supplier, as Russia has overtaken its spot while Saudi exports to India have been overtaken by supplies from Iraq, which increased in the first months after output cuts came into effect in January.
8It has also seen flows to the US fall to some of the lowest levels of recent years.
8The production cuts are holding up for now though as prices rose, OPEC output went up recently.
Click on Reports to find out more Details
8It is cutting its export volumes and losing market share in key destinations to countries that are also part of the output deal.
8It has lost ground to rivals selling in some of its Asian export markets, most particularly China and India.
8Saudi Arabia is no longer China’s largest supplier, as Russia has overtaken its spot while Saudi exports to India have been overtaken by supplies from Iraq, which increased in the first months after output cuts came into effect in January.
8It has also seen flows to the US fall to some of the lowest levels of recent years.
8The production cuts are holding up for now though as prices rose, OPEC output went up recently.
Click on Reports to find out more Details
In 2017 the Indian government announced the aspiration to not sell a single petrol or diesel car in the country by 2030.
8With such a thrust, both the push and pull factors of EV adoption could shape the e-mobility landscape in India
8Digitization, increasing automation and new business models have revolutionized other industries, and the automotive industry will be no exception to such a revolution.
8The Indian automotive industry has already started to experience the effects of this global disruption.
8Currently, battery price in India is between US$ 275–300 per kWh but this is set to fall dramatically in the next four years to around $ 100-150/kwh
8An Indian automobile manufacturer has already cut down the charging time of its EVs by 75 percent—in three years, the charging time fell from six to nine hours earlier to barely 75 to 90 minutes. However, this is still high for commercial end-use applications. The automotive industry has already seen technology evolve from AC slow chargers to DC fast and ultra-fast chargers today.
8The average driving range is expected to go up from the current 300 km to 500 km over a period of time.
8Most markets worldwide have been unable to grow infrastructure to keep up with their EV aspirations. To fill this gap, different business models are evolving worldwide across the automotive value chain.
8But how prepared are the stakeholders for this disruption?
8And how can they ride this change to expand into newer areas?
Click on Reports to find your answers Details
8With such a thrust, both the push and pull factors of EV adoption could shape the e-mobility landscape in India
8Digitization, increasing automation and new business models have revolutionized other industries, and the automotive industry will be no exception to such a revolution.
8The Indian automotive industry has already started to experience the effects of this global disruption.
8Currently, battery price in India is between US$ 275–300 per kWh but this is set to fall dramatically in the next four years to around $ 100-150/kwh
8An Indian automobile manufacturer has already cut down the charging time of its EVs by 75 percent—in three years, the charging time fell from six to nine hours earlier to barely 75 to 90 minutes. However, this is still high for commercial end-use applications. The automotive industry has already seen technology evolve from AC slow chargers to DC fast and ultra-fast chargers today.
8The average driving range is expected to go up from the current 300 km to 500 km over a period of time.
8Most markets worldwide have been unable to grow infrastructure to keep up with their EV aspirations. To fill this gap, different business models are evolving worldwide across the automotive value chain.
8But how prepared are the stakeholders for this disruption?
8And how can they ride this change to expand into newer areas?
Click on Reports to find your answers Details
Can oil marketing companies provide opportunities for charging electric vehicles in the future?
8By 2030, a city like Delhi could require around 300,000 fast chargers, presuming 30 percent EV penetration. Around 12 percent of these would be taxis, the primary users of fast chargers.
8Meeting this infrastructure need could call for an investment of around USD 1 billion to 1.5 billion.
8However, the current TCO economics in India are not profitable for a fast charging infrastructure provider.
8In addition to the standard business costs like investments in fixed assets and operating costs, the continuous evolution in battery cost, driving range, charging technology, charger costs drive the economics of the fast charging infrastructure business.
8Taking the various factors into account, an analysis suggests that it may be difficult for fast chargers in India to be economically viable before 2025.
Click on Reports to find out more Details
8By 2030, a city like Delhi could require around 300,000 fast chargers, presuming 30 percent EV penetration. Around 12 percent of these would be taxis, the primary users of fast chargers.
8Meeting this infrastructure need could call for an investment of around USD 1 billion to 1.5 billion.
8However, the current TCO economics in India are not profitable for a fast charging infrastructure provider.
8In addition to the standard business costs like investments in fixed assets and operating costs, the continuous evolution in battery cost, driving range, charging technology, charger costs drive the economics of the fast charging infrastructure business.
8Taking the various factors into account, an analysis suggests that it may be difficult for fast chargers in India to be economically viable before 2025.
Click on Reports to find out more Details
Due to significant upstream technological advances occurring in the last few years, the North Amercian exploitable gas reserves have been revised to a massive 1,798 Tcf at $5.00/mmbtu while a 2013 curve had estimated reserves of 1,250 Tcf at that same price.
8The world market for LNG has changed in many ways but the projected volume size of the market is similar to what was expected four years ago. However, non-U.S. LNG supplies have been slow to develop while U.S. projects have gone forward boosted by several advantages that the U.S enjoys. The potential market for U.S. LNG is now bigger than expected before
8What is interesting to note is that the US will be able to pump in more LNG into the market for a much lower price increase than was estimated earlier. Find out more on what is the incremental increase needed to bring an addition one Bcfd of LNG into the market.
8These are interesting bits of information for the Indian policy planner
Click on Reports for more Details
8The world market for LNG has changed in many ways but the projected volume size of the market is similar to what was expected four years ago. However, non-U.S. LNG supplies have been slow to develop while U.S. projects have gone forward boosted by several advantages that the U.S enjoys. The potential market for U.S. LNG is now bigger than expected before
8What is interesting to note is that the US will be able to pump in more LNG into the market for a much lower price increase than was estimated earlier. Find out more on what is the incremental increase needed to bring an addition one Bcfd of LNG into the market.
8These are interesting bits of information for the Indian policy planner
Click on Reports for more Details
8Full details on the Dhamra port and conditions for its use. Click on Report for more.
8The technical outlook for crude prices shows headwinds ahead and prices may not be able to show further gains for now. Click on Report for more.
8New warnings have come out for vessels moving into and out of India in the latest global security review. Click on Report for more.
8A multiple well business development opportunity is coming up in Upper Assam. Click on Report for more.
8Find out more on the land use intensity of different forms of energy production -- from bio fuels, to solar and wind energy to oil and gas to thermal and hydel power -- in India, relative to other countries around the world. Click on Report for more.
8The crude carriers market finally enjoyed a rather positive week on the back of improved demand in all key trading regions, while Aframax rates were the exception to the overall positive market movement with brokers nonetheless suggesting that further downside should be rather limited in the coming weeks. Click on Report for more.
8Find out more on a newly emerging domestic EPC company with ambitions of securing orders in the oil & gas pipeline sector. Click on Report for more.
8Fresh research has shown that there are as many as over 210 oilfield service companies with a collective valuation of up to $10 billion that may be looking for new owners over the next 12-24 months. Is any one interested in India? Click on Report for more.
8The technical outlook for crude prices shows headwinds ahead and prices may not be able to show further gains for now. Click on Report for more.
8New warnings have come out for vessels moving into and out of India in the latest global security review. Click on Report for more.
8A multiple well business development opportunity is coming up in Upper Assam. Click on Report for more.
8Find out more on the land use intensity of different forms of energy production -- from bio fuels, to solar and wind energy to oil and gas to thermal and hydel power -- in India, relative to other countries around the world. Click on Report for more.
8The crude carriers market finally enjoyed a rather positive week on the back of improved demand in all key trading regions, while Aframax rates were the exception to the overall positive market movement with brokers nonetheless suggesting that further downside should be rather limited in the coming weeks. Click on Report for more.
8Find out more on a newly emerging domestic EPC company with ambitions of securing orders in the oil & gas pipeline sector. Click on Report for more.
8Fresh research has shown that there are as many as over 210 oilfield service companies with a collective valuation of up to $10 billion that may be looking for new owners over the next 12-24 months. Is any one interested in India? Click on Report for more.
8A shift toward digital oilfields has yielded numerous strategic and tactical solutions across the industry. It includes centers of excellence connecting the right minds to the biggest problems, workflow-driven collaboration, virtualization, visualization, and optimization supporting rapid insights and decisions. Find out more. Click on Report for more.
Details
8Project Name: Pipeline installations
8Project Cost: Rs 100 Crore.
8Project Description: The project will involve installation of 3 to 8 inch diameter flowlines for transporting crude oil/ effluent/ water injection/ gas from wells to installations in the existing facilities. The overall length of the pipeline to be installed is about 80 Kms.
8Project Event: RFPs for hiring LSTK contractor are expected by December 2017.
8Expenditure Approval: Nov/2017
8RFQ Date: Dec/2017
8Release Date: Q1/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019 Details
8Project Cost: Rs 100 Crore.
8Project Description: The project will involve installation of 3 to 8 inch diameter flowlines for transporting crude oil/ effluent/ water injection/ gas from wells to installations in the existing facilities. The overall length of the pipeline to be installed is about 80 Kms.
8Project Event: RFPs for hiring LSTK contractor are expected by December 2017.
8Expenditure Approval: Nov/2017
8RFQ Date: Dec/2017
8Release Date: Q1/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019 Details
A flurry of activity in the Anadarko Petroleum operated Area 1 of the Rovuma basin in Mozambique has fostered hope that the project is now nearing investment approval.
8A significant part of the gas on offer from the LNG project has been bought up under a long term deal.
8Then again, Andarko has begun hiring smaller contractors for initial project work
8ONGC Videsh Ltd. (16%), Bharat PetroResources Ltd. (10%), and Oil India Ltd. (4.0%) are stakeholders in this offshore E&P-cum-LNG project
Click on Details for more. Details
8A significant part of the gas on offer from the LNG project has been bought up under a long term deal.
8Then again, Andarko has begun hiring smaller contractors for initial project work
8ONGC Videsh Ltd. (16%), Bharat PetroResources Ltd. (10%), and Oil India Ltd. (4.0%) are stakeholders in this offshore E&P-cum-LNG project
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Procurement of 15 MT DAP for Effluent Treatment Plant at Lepetkata Details
8Annual Maintenance Contract of OFC laid along the pipeline and in city areas under VSPL jurisdiction Details
8Supply of Ultrasonic Level Transmitters Details
8Providing Carbonated Water Injection Services for a Pilot EOR Project in Dikom Field Details
8Integrated Service of Modular Injection Facility and supply of Chemicals for a Pilot Polymer Flooding EOR Project in Nahorkatiya Field Details
8Supply of Drill Bits for operations in KG Basin Details
8Transportation of Pressure Vessels from IOCL Nasik to IOCL, Haldia Refinery Details
8Procurement of Pressure Transmitter for Paradip-Haldia-Barauni Pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Centre wants states to cut VAT on petrol, diesel by 5 per cent Details
8Entire excise cut on petrol, diesel and VAT rate cut has been passed on: BS Canth, IOC Details
8Petrol price down Rs 2.5 a litre, diesel by Rs 2.25 following excise duty cut Details
8ONGC Videsh acquires 30 per cent stake in Namibia oilfield from UK's Tullow Oil Details
8Economy on the rebound, to pick pace in Q2: Government Details
8Oil dips over doubts recent rally will last through Q4 Details
8Russia's Gazprom aims for 10 pct of China gas market after 2025 Details
8Shell cancels sale of Thai gas field stakes to Kuwait's KUFPEC Details
8Kazakhstan to start exporting natural gas to China on October 15 Details
8Oil giant Saudi Aramco plans expansion in India with new unit- sources Details
8Finance Minister Arun Jaitley urges states to cut VAT on petrol, diesel Details
You can also click on Newsclips for more Details
8Procurement of 15 MT DAP for Effluent Treatment Plant at Lepetkata Details
8Annual Maintenance Contract of OFC laid along the pipeline and in city areas under VSPL jurisdiction Details
8Supply of Ultrasonic Level Transmitters Details
8Providing Carbonated Water Injection Services for a Pilot EOR Project in Dikom Field Details
8Integrated Service of Modular Injection Facility and supply of Chemicals for a Pilot Polymer Flooding EOR Project in Nahorkatiya Field Details
8Supply of Drill Bits for operations in KG Basin Details
8Transportation of Pressure Vessels from IOCL Nasik to IOCL, Haldia Refinery Details
8Procurement of Pressure Transmitter for Paradip-Haldia-Barauni Pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Centre wants states to cut VAT on petrol, diesel by 5 per cent Details
8Entire excise cut on petrol, diesel and VAT rate cut has been passed on: BS Canth, IOC Details
8Petrol price down Rs 2.5 a litre, diesel by Rs 2.25 following excise duty cut Details
8ONGC Videsh acquires 30 per cent stake in Namibia oilfield from UK's Tullow Oil Details
8Economy on the rebound, to pick pace in Q2: Government Details
8Oil dips over doubts recent rally will last through Q4 Details
8Russia's Gazprom aims for 10 pct of China gas market after 2025 Details
8Shell cancels sale of Thai gas field stakes to Kuwait's KUFPEC Details
8Kazakhstan to start exporting natural gas to China on October 15 Details
8Oil giant Saudi Aramco plans expansion in India with new unit- sources Details
8Finance Minister Arun Jaitley urges states to cut VAT on petrol, diesel Details
You can also click on Newsclips for more Details
8Project Name: Greenfield Hydroelectric Project
8Project Cost: Rs 13500 Crores approximately
8Project Description: The owner is planning to set up a 1878 MW (28 MW + 8*231.25 MW) hydroelectric power station. TOR was initially granted to the project in June, 2014. However, due to difficulty in approaching the project site, survey and investigation is running a little behind schedule. The proponent has obtained an extension on the TOR till June, 2018, around which time they are expected to apply for EC. At present DPR preparation is ongoing along with assessment of socio-economic impact. RFQs for major equipment (turbine-generator), instrumentation and BoP (balance of plant) are expected to be out in 2018.
8Project Event: RFQs for turbine-generator (T-G), instrumentation and BoP (balance of plant) are expected to be out in the second quarter of 2018.
8Expenditure Approval: 2014
8RFQ Date: Q2:2018
8Release Date: Q1:2019
8Start Date: Q3:2019
8Completion Date: 2024
Click here for more information
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 800 crores
8Project Description: The promoter along with EIA consultant is carrying out the EIA studies for scoping the environment clearance for a 64 MW (2*32 MW) greenfield hydel project. TOR has been accorded on 5th September 2016 which would be valid for five years. Baesline studies has been approved by Government of Uttarakhand and CEA. DPR has been prepared by Indo Canadian Consutancy Services Limited. EIA studies are ongoing in which public hearing, socio-economic aspects and wildlife clearance are still pending. The owner will float package-wise contracts after getting EC.
8Project Event: RFQ for civil package is expected by 3rd quarter of 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q1:2019
8Completion Date: Q2:2024
Click here for more information Details
8Project Cost: Rs 13500 Crores approximately
8Project Description: The owner is planning to set up a 1878 MW (28 MW + 8*231.25 MW) hydroelectric power station. TOR was initially granted to the project in June, 2014. However, due to difficulty in approaching the project site, survey and investigation is running a little behind schedule. The proponent has obtained an extension on the TOR till June, 2018, around which time they are expected to apply for EC. At present DPR preparation is ongoing along with assessment of socio-economic impact. RFQs for major equipment (turbine-generator), instrumentation and BoP (balance of plant) are expected to be out in 2018.
8Project Event: RFQs for turbine-generator (T-G), instrumentation and BoP (balance of plant) are expected to be out in the second quarter of 2018.
8Expenditure Approval: 2014
8RFQ Date: Q2:2018
8Release Date: Q1:2019
8Start Date: Q3:2019
8Completion Date: 2024
Click here for more information
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 800 crores
8Project Description: The promoter along with EIA consultant is carrying out the EIA studies for scoping the environment clearance for a 64 MW (2*32 MW) greenfield hydel project. TOR has been accorded on 5th September 2016 which would be valid for five years. Baesline studies has been approved by Government of Uttarakhand and CEA. DPR has been prepared by Indo Canadian Consutancy Services Limited. EIA studies are ongoing in which public hearing, socio-economic aspects and wildlife clearance are still pending. The owner will float package-wise contracts after getting EC.
8Project Event: RFQ for civil package is expected by 3rd quarter of 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q1:2019
8Completion Date: Q2:2024
Click here for more information Details
The glass is either half full or half empty, depending upon how you look at the picture
8The website carries here the details of a large offshore oil and gas service provider with a portfolio of high-tech liftboats, rigs, OSVs, tugs & LCTs and barges, who is struggling to survive in a depressed market place.
8The company is unable to service its debt and is looking for lenders or investors who can buy into the company.
8It faces the prospect of liquidation even though it has an asset portfolio that can really do well once the market turns.
Click on Reports for more Details
8The website carries here the details of a large offshore oil and gas service provider with a portfolio of high-tech liftboats, rigs, OSVs, tugs & LCTs and barges, who is struggling to survive in a depressed market place.
8The company is unable to service its debt and is looking for lenders or investors who can buy into the company.
8It faces the prospect of liquidation even though it has an asset portfolio that can really do well once the market turns.
Click on Reports for more Details
The website also carries here here the bullish assumptions of a global investment fund -- promising a return of 15 to 20% annually -- from buying out distressed oil & gas assets, among others.
8It is making money out of an acquisition of a large and diversified offshore resources company.
8The fund seems to have the ability to "pursue challenged businesses where competition is limited".
8The glass is either half full or half empty, depending upon your perspective.
8Indian assets are under its scrutiny at this juncture.
Click on Reports for more. Details
8It is making money out of an acquisition of a large and diversified offshore resources company.
8The fund seems to have the ability to "pursue challenged businesses where competition is limited".
8The glass is either half full or half empty, depending upon your perspective.
8Indian assets are under its scrutiny at this juncture.
Click on Reports for more. Details
No one really took China's teapot refineries seriously until recently
8These refineries have been able to take on the Chinese state-controlled super giants, and they now account for up a quarter of Chinese refinery capacity.
8Some of these small refineries have grand designs. One of these plants is being built with a refining capacity of 20 million metric tonnes a year when it is completed next year, while the plan is to double this figure by 2020. This move would make it one of the biggest plants in the region matching facilities in Singapore, South Korea and India.
8There are other refineries in China too with similar ambitions
8The catch though is that at around the same time that these new independent oil refiners come online, other refineries from oil producing nations such as Saudi Arabia’s Jazan project, Malaysia’s Rapid and Brunei’s Hengyi are expected to start operating, adding to the intense competition these Chinese newcomers will have to face, along with the excess capacity the sector as a whole still has to deal with.
8Indian refiners must keep this massive volume of new capacities coming up in mind while planning their own additions.
Click on Reports for more Details
8These refineries have been able to take on the Chinese state-controlled super giants, and they now account for up a quarter of Chinese refinery capacity.
8Some of these small refineries have grand designs. One of these plants is being built with a refining capacity of 20 million metric tonnes a year when it is completed next year, while the plan is to double this figure by 2020. This move would make it one of the biggest plants in the region matching facilities in Singapore, South Korea and India.
8There are other refineries in China too with similar ambitions
8The catch though is that at around the same time that these new independent oil refiners come online, other refineries from oil producing nations such as Saudi Arabia’s Jazan project, Malaysia’s Rapid and Brunei’s Hengyi are expected to start operating, adding to the intense competition these Chinese newcomers will have to face, along with the excess capacity the sector as a whole still has to deal with.
8Indian refiners must keep this massive volume of new capacities coming up in mind while planning their own additions.
Click on Reports for more Details
Find out more on how digitalization can help the chairman's office to keep track of consumption of drilling bits in individual wells.
8The website carries here an example of how remote operations of submersible pumps help save costs and raise efficiencies in an oil field
8Digitalization is increasingly enabling recalibration from the safety of the office as the management gets a real-time awareness of conditions that could signal an impending issue.
8Predictive maintenance, ongoing pump tuning and real-time information set the stage for and oil & gas operator to maximize oil production no matter the current market conditions.
8Today, the massive adoption of digital is pushing companies to reimagine how they do business.
8Most corporations operate their business with a CEO, CFO and CIO, but you’ll rarely find a Chief “Internet of Things” Officer to manage enterprise-wide transformational initiatives. It is time for Indian companies to get one now.
Click on Reports for more Details
8The website carries here an example of how remote operations of submersible pumps help save costs and raise efficiencies in an oil field
8Digitalization is increasingly enabling recalibration from the safety of the office as the management gets a real-time awareness of conditions that could signal an impending issue.
8Predictive maintenance, ongoing pump tuning and real-time information set the stage for and oil & gas operator to maximize oil production no matter the current market conditions.
8Today, the massive adoption of digital is pushing companies to reimagine how they do business.
8Most corporations operate their business with a CEO, CFO and CIO, but you’ll rarely find a Chief “Internet of Things” Officer to manage enterprise-wide transformational initiatives. It is time for Indian companies to get one now.
Click on Reports for more Details
The website carries here the details of a not very well known Indian company which has come out with a range of electric vehicles using indigenous R&D.
8It also has its own battery technology.
8The company is now rolling out battery charging stations across the country.
8Given that electric vehicles will have a preponderant role, it is time for oil marketing companies to begin exploring the prospect of tying up with relevant players to offer battery charging facilities, to begin with, for electric vehicles.
8There is no denying that at some point in time in the future, thousands of retail outlets with the oil marketing companies will stop dispensing liquid fuels as the world turns electric.
8Disruptive technology has the capacity to destroy existing business models very rapidly and it is imperative for the oil marketing companies to be on top of the game before it is too late
Click on Reports for more Details
8It also has its own battery technology.
8The company is now rolling out battery charging stations across the country.
8Given that electric vehicles will have a preponderant role, it is time for oil marketing companies to begin exploring the prospect of tying up with relevant players to offer battery charging facilities, to begin with, for electric vehicles.
8There is no denying that at some point in time in the future, thousands of retail outlets with the oil marketing companies will stop dispensing liquid fuels as the world turns electric.
8Disruptive technology has the capacity to destroy existing business models very rapidly and it is imperative for the oil marketing companies to be on top of the game before it is too late
Click on Reports for more Details
The second wave of LNG projects is now coming through.
8The website lists here in terms of priority the top 10 US LNG projects that are going to get into FID mode soon
8There are some prospects in Eastern Canada too
8The game now is to figure out who is going to jump in first
Click on Reports for more Details
8The website lists here in terms of priority the top 10 US LNG projects that are going to get into FID mode soon
8There are some prospects in Eastern Canada too
8The game now is to figure out who is going to jump in first
Click on Reports for more Details
For the Indian oil & gas sector, the Modi government's decision to allow for market pricing of petroleum products other than LPG and kerosene is a welcome development.
8There are many spinoffs from it, including higher surpluses with oil companies for deployment into creating more productive assets
8It is important in this context to understand the theoretical underpinnings of the government's decision, particularly in the context of high retail prices resulting from a higher tax burden.
The website carries here data to show:
8Indian prices are not that high compared to those around the world
8The rise in excise duty rates over time
8Where are the additional resources garnered from excise duty hikes spent
8States share of revenues
Conclusion: The additional resources generated have been generously passed on to the states and the impetus to infrastructure improvement is visible. Funds committed for road,
rail and urban infrastructure are much needed both for infrastructure up-gradation as well as their multiplier effect on the economy. This leaves no room for the government to yield to the demand for roll back of fuel prices at this stage, beyond yesterday's excise duty cut. It needs to be alive to this demand to ensure that should the crude prices harden any further, it should find a mechanism in consultation with states to maintain them at the present level.
Click on Reports for more Details
8There are many spinoffs from it, including higher surpluses with oil companies for deployment into creating more productive assets
8It is important in this context to understand the theoretical underpinnings of the government's decision, particularly in the context of high retail prices resulting from a higher tax burden.
The website carries here data to show:
8Indian prices are not that high compared to those around the world
8The rise in excise duty rates over time
8Where are the additional resources garnered from excise duty hikes spent
8States share of revenues
Conclusion: The additional resources generated have been generously passed on to the states and the impetus to infrastructure improvement is visible. Funds committed for road,
rail and urban infrastructure are much needed both for infrastructure up-gradation as well as their multiplier effect on the economy. This leaves no room for the government to yield to the demand for roll back of fuel prices at this stage, beyond yesterday's excise duty cut. It needs to be alive to this demand to ensure that should the crude prices harden any further, it should find a mechanism in consultation with states to maintain them at the present level.
Click on Reports for more Details
8Suezmax rates rebound as Nigerian oil production ticks higher. Click on Report for more.
8Supramax earnings are poised to hit $12,000 per day. Click on Report for more.
8The US Energy Information Administration's database is used by oil and gas professional around the world and it is arguably the world's best oil and gas database. There is a reminder at the beginning of every report prepared by the EIA which says, "By law, EIA’s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report, therefore, should not be construed as representing those of the Department of Energy or other Federal agencies". Is it every possible in India for the PPAC to be able to work as independently as the EIA? Click on Report for more.
8The October EIA report on oil and gas data. Click on Report for more.
8Oil demand is growing while supply is falling, pointing to higher crude oil prices up ahead. Will price increases wash out the impact of the excise duty cut? Click on Report for more.
8The non-binding independence vote in Iraqi Kurdistan may do little to change the semi-autonomous region’s crude output in the short term. However, the Kurdistan Regional Government’s (KRG) ambition to use the vote as a negotiating tool may have wider ramifications going forwards. Click on Report for more.
8VLCC charterers kept the fixing pace up, spurred in the main by the upcoming long holidays in the Far East and that allowed owners to continue to seek higher prices. Click on Report for more.
8Latest price build-up data for PDS kerosene and subsidized LPG in India. Click on Report for more.
8GAIL has sought a massive increase in the Uran-Thal-Usar and Trombay-RCF pipeline tariff rates for the period 2018 onwards, so much so that it will squeeze buyers into a complete corner. Click on Report for more. Details
8Supramax earnings are poised to hit $12,000 per day. Click on Report for more.
8The US Energy Information Administration's database is used by oil and gas professional around the world and it is arguably the world's best oil and gas database. There is a reminder at the beginning of every report prepared by the EIA which says, "By law, EIA’s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report, therefore, should not be construed as representing those of the Department of Energy or other Federal agencies". Is it every possible in India for the PPAC to be able to work as independently as the EIA? Click on Report for more.
8The October EIA report on oil and gas data. Click on Report for more.
8Oil demand is growing while supply is falling, pointing to higher crude oil prices up ahead. Will price increases wash out the impact of the excise duty cut? Click on Report for more.
8The non-binding independence vote in Iraqi Kurdistan may do little to change the semi-autonomous region’s crude output in the short term. However, the Kurdistan Regional Government’s (KRG) ambition to use the vote as a negotiating tool may have wider ramifications going forwards. Click on Report for more.
8VLCC charterers kept the fixing pace up, spurred in the main by the upcoming long holidays in the Far East and that allowed owners to continue to seek higher prices. Click on Report for more.
8Latest price build-up data for PDS kerosene and subsidized LPG in India. Click on Report for more.
8GAIL has sought a massive increase in the Uran-Thal-Usar and Trombay-RCF pipeline tariff rates for the period 2018 onwards, so much so that it will squeeze buyers into a complete corner. Click on Report for more. Details
For reference purposes the website carries here the following tenders:
8Procurement of Natural Gas Odorizing System on ARC basis for a period of two years Details
8Supply, Manufacture, Fabrication, Inspection by Third Party Inspection Agency in Ammonia Urea Plant at Talcher Odisha on LSTK Basis for Talcher Fertlizers Limited Details
8Procurement of 30 MT Urea (Industrial/Technical Grade) for Effluent Treatment Plant at Lepetkata Details
8ARC of O&M of Pipeline and Terminals for Narimanam zone in Cauvery Basin Details
8Procurement of 27500 Kg Tri-Ethyl-Aluminum for LLDPE/ HDPE Unit in Lepetkata Details
8Operation and Maintenance Service of HVAC System installed in Compressor Station, LPG and C2C3 Plant at Vijaipur Details
8Hiring of services for restoration of well sites in GAIL operated Block CB-ONN- 2010/11 in Ahmedabad and Anand Details
8Consultancy services for construction of Propane storage and handling facility Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Indraprastha Gas hikes auto and cooking gas prices in Delhi, NCR Details
8Core sector growth rises to 4.9 per cent in August; highest in 5 months Details
8Govt cuts excise duty on petrol, diesel by Rs 2 per liter Details
8Power generation cost to rise by 8 per cent on natural gas price hike Details
8ONGC to increase focus on Enhanced Oil Recovery projects after new policy: Shashi Shanker Details
8In oil-thirsty India, refiners lend unlikely help to gas Details
8India's Reliance makes first purchase of U.S. crude - sources Details
8Gas, renewable groups oppose U.S. DOE's call to support nuclear, coal Details
8Global crude oil prices fall for second day on oversupply concerns Details
8Unified Gas Tariff proposal could give a fillip to GAIL earnings Details
8With 6% growth, India to surpass China as fastest growing oil market in 2018 Details
8Indo-US energy ties reaches a new level Details
You can also click on Newsclips for more Details
8Procurement of Natural Gas Odorizing System on ARC basis for a period of two years Details
8Supply, Manufacture, Fabrication, Inspection by Third Party Inspection Agency in Ammonia Urea Plant at Talcher Odisha on LSTK Basis for Talcher Fertlizers Limited Details
8Procurement of 30 MT Urea (Industrial/Technical Grade) for Effluent Treatment Plant at Lepetkata Details
8ARC of O&M of Pipeline and Terminals for Narimanam zone in Cauvery Basin Details
8Procurement of 27500 Kg Tri-Ethyl-Aluminum for LLDPE/ HDPE Unit in Lepetkata Details
8Operation and Maintenance Service of HVAC System installed in Compressor Station, LPG and C2C3 Plant at Vijaipur Details
8Hiring of services for restoration of well sites in GAIL operated Block CB-ONN- 2010/11 in Ahmedabad and Anand Details
8Consultancy services for construction of Propane storage and handling facility Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Indraprastha Gas hikes auto and cooking gas prices in Delhi, NCR Details
8Core sector growth rises to 4.9 per cent in August; highest in 5 months Details
8Govt cuts excise duty on petrol, diesel by Rs 2 per liter Details
8Power generation cost to rise by 8 per cent on natural gas price hike Details
8ONGC to increase focus on Enhanced Oil Recovery projects after new policy: Shashi Shanker Details
8In oil-thirsty India, refiners lend unlikely help to gas Details
8India's Reliance makes first purchase of U.S. crude - sources Details
8Gas, renewable groups oppose U.S. DOE's call to support nuclear, coal Details
8Global crude oil prices fall for second day on oversupply concerns Details
8Unified Gas Tariff proposal could give a fillip to GAIL earnings Details
8With 6% growth, India to surpass China as fastest growing oil market in 2018 Details
8Indo-US energy ties reaches a new level Details
You can also click on Newsclips for more Details
A reputable international consultant has claimed that the Indian economy is likely to see a sharp upturn to register a growth of 7.8% in 2018 in relation to just 6% in 2018. But going forward the rate of growth slows down again and remains at 6% or so. Click on Report for more.
8With few coal-based thermal power plants coming up in India, a big private sector power equipment manufacturer with ultra-supercritical technology is now looking to change its business model entirely by focusing on the domestic replacement and a booming environment equipment market as well as the export market, including the spare parts market. Local manpower will now be deployed to do design and consultancy work for a global instead of a local clientele. Click on Report for more.
8Domestic gas prices have been raised. Click on Report for more.
8ONGC is embarking on a massive drive to standardize the specifications of equipment and services bought independently by various work centers. A completion deadline has been set for such standardization work.Click on Report for more.
8Download a full presentation on Anil Ambani's Reliance Infrastructure Ltd and its future plans. Click on Report for more.
8Conference on Automation, Instrumentation, Alternative Energy, Electronics and Electricals. Click on Report for more.
8Conference on Industrial Pumps and Valves. Click on Report for more. Details
8With few coal-based thermal power plants coming up in India, a big private sector power equipment manufacturer with ultra-supercritical technology is now looking to change its business model entirely by focusing on the domestic replacement and a booming environment equipment market as well as the export market, including the spare parts market. Local manpower will now be deployed to do design and consultancy work for a global instead of a local clientele. Click on Report for more.
8Domestic gas prices have been raised. Click on Report for more.
8ONGC is embarking on a massive drive to standardize the specifications of equipment and services bought independently by various work centers. A completion deadline has been set for such standardization work.Click on Report for more.
8Download a full presentation on Anil Ambani's Reliance Infrastructure Ltd and its future plans. Click on Report for more.
8Conference on Automation, Instrumentation, Alternative Energy, Electronics and Electricals. Click on Report for more.
8Conference on Industrial Pumps and Valves. Click on Report for more. Details
Find out more on what GAIL's proposal is all about.
8The proposal calls for a unified pooled tariff, wherein the overall capital expenditure (Capex) and operating expenditure (Opex) are to be pooled and distributed over the pooled volume of the inter-connected cross-country natural gas pipeline system.
8Such calculated tariff may then be made applicable on Zonal or Postal basis to various customers
8GAIL's argument is that a unified tariff will do away with levy of multiple tariffs over multiple pipelines which will allow for the creation of a uniform gas platform across the country.
8While unification of tariff and its sharing amongst entities may be a new concept for gas sector, in the power sector, the CERC already provides a mechanism for integrating interstate transmission lines under one network, GAIL has argued.
8The new tariff also removes the distortion in the tariffs being paid by the existing customers connected to present infrastructure in relation to new customers that shall be connected through new infrastructure.
8At present, tariffs are fixed separately for each pipeline, thereby making the cascaded tariffs unaffordable to customers in far end of pipelines. Also, new customers are required to pay much higher tariffs when compared to old customers. For example, a new customer in Punjab who is connected to DBNPL pays about 370% higher tariff as compared to a customer in zone-I of the old HVJ pipeline. Further, customers of old pipelines with low tariffs have also been enjoying the benefits of relatively cheap domestic gas for about 30 years, whereas the customers of new pipelines are required to bear not only higher transportation tariffs but also costlier imported gas.
8But clearly the main aim of this entire exercise is the salvage the Jagdishpur-Haldia-Bokaro-Dhamra Pipeline. The anticipated tariff for JHBDPL (after duly considering 40% capital grant) alone would work out to Rs.1 14/MMBTU, and charging further additive pipeline tariffs from various gas sources would result in cascaded tariff up to Rs. 210/MMBTU. Such high tariff rates will make the pipeline unviable for users.
8GAIL's argument has found no takers among existing gas buyers. "It is ridiculous that just to be able to make one expensive pipeline viable, when it is unviable on its own right even after a big subsidy infusion, other pipelines are now sought to be made unviable," a prominent gas user in the fertilizer sector told this website. Click on Report. Details
8The proposal calls for a unified pooled tariff, wherein the overall capital expenditure (Capex) and operating expenditure (Opex) are to be pooled and distributed over the pooled volume of the inter-connected cross-country natural gas pipeline system.
8Such calculated tariff may then be made applicable on Zonal or Postal basis to various customers
8GAIL's argument is that a unified tariff will do away with levy of multiple tariffs over multiple pipelines which will allow for the creation of a uniform gas platform across the country.
8While unification of tariff and its sharing amongst entities may be a new concept for gas sector, in the power sector, the CERC already provides a mechanism for integrating interstate transmission lines under one network, GAIL has argued.
8The new tariff also removes the distortion in the tariffs being paid by the existing customers connected to present infrastructure in relation to new customers that shall be connected through new infrastructure.
8At present, tariffs are fixed separately for each pipeline, thereby making the cascaded tariffs unaffordable to customers in far end of pipelines. Also, new customers are required to pay much higher tariffs when compared to old customers. For example, a new customer in Punjab who is connected to DBNPL pays about 370% higher tariff as compared to a customer in zone-I of the old HVJ pipeline. Further, customers of old pipelines with low tariffs have also been enjoying the benefits of relatively cheap domestic gas for about 30 years, whereas the customers of new pipelines are required to bear not only higher transportation tariffs but also costlier imported gas.
8But clearly the main aim of this entire exercise is the salvage the Jagdishpur-Haldia-Bokaro-Dhamra Pipeline. The anticipated tariff for JHBDPL (after duly considering 40% capital grant) alone would work out to Rs.1 14/MMBTU, and charging further additive pipeline tariffs from various gas sources would result in cascaded tariff up to Rs. 210/MMBTU. Such high tariff rates will make the pipeline unviable for users.
8GAIL's argument has found no takers among existing gas buyers. "It is ridiculous that just to be able to make one expensive pipeline viable, when it is unviable on its own right even after a big subsidy infusion, other pipelines are now sought to be made unviable," a prominent gas user in the fertilizer sector told this website. Click on Report. Details
GAIL's controversial single tariff mechanism is being seen by the gas major as a way to retain its grip on the pipeline infrastructure in the country.
8It is an attempt to elicit a single window opportunity to elicit a 12% post-tax return on its pipeline investments.
8The gas major claims that its return on investment so far has been far below the normative rate of return needed for pipeline investments
8GAIL has shared a lot of relevant data on return on investment on its major pipelines as well as capacity utilization data along with last three year data on contract quantity and actual volume drawn in its cross-country pipelines to buttress its claim for a single tariff across all pipelines
8"This is just GAIL's way to retain its monopoly over the network, and prevent any action to split up the company into its transmission and trading arms. By claiming a single tariff, it intends to bring in a certain respectability to its transmission monopoly, as also prevent competitors to provide better and more efficient transmission related services. It is trying to kill many birds with one stone," a bulk buyer of gas from GAIL told this website on condition of anonymity.
Click on Reports for more Details
8It is an attempt to elicit a single window opportunity to elicit a 12% post-tax return on its pipeline investments.
8The gas major claims that its return on investment so far has been far below the normative rate of return needed for pipeline investments
8GAIL has shared a lot of relevant data on return on investment on its major pipelines as well as capacity utilization data along with last three year data on contract quantity and actual volume drawn in its cross-country pipelines to buttress its claim for a single tariff across all pipelines
8"This is just GAIL's way to retain its monopoly over the network, and prevent any action to split up the company into its transmission and trading arms. By claiming a single tariff, it intends to bring in a certain respectability to its transmission monopoly, as also prevent competitors to provide better and more efficient transmission related services. It is trying to kill many birds with one stone," a bulk buyer of gas from GAIL told this website on condition of anonymity.
Click on Reports for more Details
The government, along with GAIL, seems to be trying very hard to make the Jagdishpur-Haldia-Bokaro-Dhamra Pipeline (JHBD) a viable proposition.
8To begin with, the pipeline has elicited a viability gap funding of a massive Rs 5176 crore.
8A specific directive has also been given to the PNGRB under Section 42 of the PNGRB Act -- which allows the government to issue directives to the regulator -- not to allow any duplicate or dedicated pipelines to be built to the Dhamra LNG terminal, which will be a source of gas for the JHBD pipeline.
8In the normal course, such a directive is not needed as there is an already existent due process inside the PNGRB to avoid duplication of pipelines.
8One of the reasons why the JHBP pipeline needs to be built -- over and above the fact that it marches through some of the most populous parts of India, thereby providing impetus to building city gas distribution centers and reviving defunct fertilizer plants -- is also to make the Adani group promoted LNG terminal viable. IOC and GAIL have also been brought in as stakeholders -- with 39% and 11% shareholding in the Dhamra LNG terminal while Adani will own 50%.
8Without the JHBD pipeline, a terminal cannot come up in Dhamra.
Click on Reports for more Details
8To begin with, the pipeline has elicited a viability gap funding of a massive Rs 5176 crore.
8A specific directive has also been given to the PNGRB under Section 42 of the PNGRB Act -- which allows the government to issue directives to the regulator -- not to allow any duplicate or dedicated pipelines to be built to the Dhamra LNG terminal, which will be a source of gas for the JHBD pipeline.
8In the normal course, such a directive is not needed as there is an already existent due process inside the PNGRB to avoid duplication of pipelines.
8One of the reasons why the JHBP pipeline needs to be built -- over and above the fact that it marches through some of the most populous parts of India, thereby providing impetus to building city gas distribution centers and reviving defunct fertilizer plants -- is also to make the Adani group promoted LNG terminal viable. IOC and GAIL have also been brought in as stakeholders -- with 39% and 11% shareholding in the Dhamra LNG terminal while Adani will own 50%.
8Without the JHBD pipeline, a terminal cannot come up in Dhamra.
Click on Reports for more Details
GAIL's proposal for a unified tariff of Rs 68.mmbtu on GCV basis -- with 3% year-on-year escalation to be effective from April 1, 2018 -- for its cross-country pipelines has been greeted by a howl of protest from existing pipeline users.
8The gas major's proposal will almost triple the transportation tariff for the Dahej-Uran-Dhabol pipeline
8The price increase will be equally harsh for buyers out of the HVJ-GREP-DVPL pipeline
8Rates of other existing cross-country pipelines will go up too.
8What GAIL has proposed is to unify a total of seven cross-country pipelines but that wouldn't take up the tariff rate by much but for the inclusion of the controversial Jagdishpur-Haldia-Bokaro-Dhamra Pipeline (JHBD), whose tariff rate, if independently calculated, come to a high Rs 173/mmbtu.
8The unified tariff rate will bring down the rate of transportation of the JHBD from Rs 173/mmbtu to a mere Rs 68/mmbtu.
8Clearly, there is a tradeoff from the unified tariff mechanism: existing buyers of gas from currently operational pipelines will pay much more whereas those dependent on the under-construction JHBD will gain the most
Click on Reports for more Details
8The gas major's proposal will almost triple the transportation tariff for the Dahej-Uran-Dhabol pipeline
8The price increase will be equally harsh for buyers out of the HVJ-GREP-DVPL pipeline
8Rates of other existing cross-country pipelines will go up too.
8What GAIL has proposed is to unify a total of seven cross-country pipelines but that wouldn't take up the tariff rate by much but for the inclusion of the controversial Jagdishpur-Haldia-Bokaro-Dhamra Pipeline (JHBD), whose tariff rate, if independently calculated, come to a high Rs 173/mmbtu.
8The unified tariff rate will bring down the rate of transportation of the JHBD from Rs 173/mmbtu to a mere Rs 68/mmbtu.
8Clearly, there is a tradeoff from the unified tariff mechanism: existing buyers of gas from currently operational pipelines will pay much more whereas those dependent on the under-construction JHBD will gain the most
Click on Reports for more Details
Even when there is excess LNG capacity in the world today, new capacities are still being built
8One such plan attempts to set up massive 27 MMTPA LNG liquefaction facility.
8The netback calculations based on which the new facility is coming up are given here, and the range is positive and is quite wide. Netback LNG prices at more than $5.50/mmbtu in the US Gulf Coast as of now seem to be signaling the need for additional capacity, it is argued.
8The terminal is going to work on an entirely new business plan, wherein equity LNG is being sought to be sold at a fixed cost per tonne.
8The website carries here data on the lowest cost greenfield LNG liquefaction plants in the world in terms of cost per tonne of liquefaction
8The cost of this new terminal will fall at the lower end of the cost spectrum
8The company intends to get into LNG trading from next year onwards so as to be able to build up the experience needed when the terminal goes on stream.
8Indian players can get in touch with the company too to take part in its gas trading activities.
Click on Reports for more Details
8One such plan attempts to set up massive 27 MMTPA LNG liquefaction facility.
8The netback calculations based on which the new facility is coming up are given here, and the range is positive and is quite wide. Netback LNG prices at more than $5.50/mmbtu in the US Gulf Coast as of now seem to be signaling the need for additional capacity, it is argued.
8The terminal is going to work on an entirely new business plan, wherein equity LNG is being sought to be sold at a fixed cost per tonne.
8The website carries here data on the lowest cost greenfield LNG liquefaction plants in the world in terms of cost per tonne of liquefaction
8The cost of this new terminal will fall at the lower end of the cost spectrum
8The company intends to get into LNG trading from next year onwards so as to be able to build up the experience needed when the terminal goes on stream.
8Indian players can get in touch with the company too to take part in its gas trading activities.
Click on Reports for more Details
For reference purposes, the website carries here 160 different success stories on energy efficiency usages in a wide gamut of industrial sectors around the world.
8The narrative used is an innovative storytelling format
8The editors created this collection with the goal of providing structure and inspiration for academics, policy makers, and energy technology and services providers
8These stories can be of great interest to our readers, as are lessons to be derived from many of the narratives
Click on Reports for more Details
8The narrative used is an innovative storytelling format
8The editors created this collection with the goal of providing structure and inspiration for academics, policy makers, and energy technology and services providers
8These stories can be of great interest to our readers, as are lessons to be derived from many of the narratives
Click on Reports for more Details
