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Dec 2017
For reference purposes the website carries here the following tenders:
8Supply, Installation, Testing and Commissioning of additional Gas supply Header and repair of Hot Oil Circulation (HOC) line Details
8Hiring services for Overhead for hiring the services of Periodical Monitoring of Environmental Parameters Details
8Annual Rate Contract for Mainline at Viramgam Details
8De-Chocking of Pipelines by High Pressure Power Lancing Hydro Jetting Machine at refinery Details
8Supply, Installation, Inspection, Testing and Commissioning of Radar Gauge and LPG storage Horton spheres and shifting vapour line in two Horton spheres at bottling Plant Details
8EOI for provision of Intelligent Pigging Services and Cleaning Pigging Services in the states of Rajasthan and Gujarat Details
8Carrying out miscellaneous jobs for smooth operation of ETP for the year 2018-19 at refinery Details
8Carrying out Tanks on-stream inspection by Acoustic Emission testing at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8RIL sets up subsidiary in Uruguay to market petrochemical products Details
8Speed up rollout of piped gas in North East: Dharmendra Pradhan to OMCs Details
8India to host southeast Asia connectivity summit to boost linkages Details
8Vietnam orders prosecution of two more former oil executives Details
8Govt to soon unveil policy on methanol blending in petrol: Gadkari Details
8Libyan political, oil and bank heads discuss funds to lift crude output Details
8Iraq and Iran sign Kirkuk oil swap deal: Iraq oil minister Jabar al-Luaibi Details
8Vietnam plans to raise more than $570 mln through IPOs in energy firms Details
8India should aim at 7.5 per cent growth in 2 years: YV Reddy, Ex-RBI Governor Details
8Coal India to leverage mineral mining expertise for diversification Details
8Meghalaya to get its first LPG bottling facility to increase clean fuel use Details
8Capacity of four refineries will be agumented in Assam: Dharmendra Pradhan Details
8Higher prices likely for gas produced from discoveries in North East Details
8FY19 Budget may assume crude oil price at $65/barrel Details
8Cleaner fuel at a price Details
8India needs to trim its overdependence on OPEC crude oil Details
8After Rs 76.5 per cylinder hike, oil companies skip LPG price revision Details
You can also click on Newsclips for more Details
8Supply, Installation, Testing and Commissioning of additional Gas supply Header and repair of Hot Oil Circulation (HOC) line Details
8Hiring services for Overhead for hiring the services of Periodical Monitoring of Environmental Parameters Details
8Annual Rate Contract for Mainline at Viramgam Details
8De-Chocking of Pipelines by High Pressure Power Lancing Hydro Jetting Machine at refinery Details
8Supply, Installation, Inspection, Testing and Commissioning of Radar Gauge and LPG storage Horton spheres and shifting vapour line in two Horton spheres at bottling Plant Details
8EOI for provision of Intelligent Pigging Services and Cleaning Pigging Services in the states of Rajasthan and Gujarat Details
8Carrying out miscellaneous jobs for smooth operation of ETP for the year 2018-19 at refinery Details
8Carrying out Tanks on-stream inspection by Acoustic Emission testing at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8RIL sets up subsidiary in Uruguay to market petrochemical products Details
8Speed up rollout of piped gas in North East: Dharmendra Pradhan to OMCs Details
8India to host southeast Asia connectivity summit to boost linkages Details
8Vietnam orders prosecution of two more former oil executives Details
8Govt to soon unveil policy on methanol blending in petrol: Gadkari Details
8Libyan political, oil and bank heads discuss funds to lift crude output Details
8Iraq and Iran sign Kirkuk oil swap deal: Iraq oil minister Jabar al-Luaibi Details
8Vietnam plans to raise more than $570 mln through IPOs in energy firms Details
8India should aim at 7.5 per cent growth in 2 years: YV Reddy, Ex-RBI Governor Details
8Coal India to leverage mineral mining expertise for diversification Details
8Meghalaya to get its first LPG bottling facility to increase clean fuel use Details
8Capacity of four refineries will be agumented in Assam: Dharmendra Pradhan Details
8Higher prices likely for gas produced from discoveries in North East Details
8FY19 Budget may assume crude oil price at $65/barrel Details
8Cleaner fuel at a price Details
8India needs to trim its overdependence on OPEC crude oil Details
8After Rs 76.5 per cylinder hike, oil companies skip LPG price revision Details
You can also click on Newsclips for more Details
8Project Name: Refinery IndJet Unit Moderization Project
8Project Cost: Rs 145 Crore
8Project Description: An existing company along with EPCM contractor is planning to install a new IndJet unit to produce 250 KTA of Aviation Turbine Fuel (ATF) and 75 KTA of Pipeline Compatible Kerosene (PCK) from its Refinery. Engineers India Limited (EIL) has been entrusted to carry out the Environmental Impact Assessment (EIA) and Risk Analysis/Assessment (RA) studies for the project. TOR was granted on 8 June 2017 and EC is expected by January 2018.
8Project Event: RFQ for major equipment is expected by January 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date: Q4:2020
Click here for more details.
8Project Name: Pipeline Expansion Project
8Project Cost: Rs 400 Crore
8Project Description: An existing company along with EPCM contractor is planning to expand its pipeline from 4.71 MMTPA to 7.11 MMTPA. They are also planning to install a new pumping station which will be constructed with separate booster pumps for POL & LPG along with mainline pumps. There will also be a new intermediate pumping station at SV4 which will be constructed along with a separate mainline pump for the expansion.
8Project Event: RFQ for equipment is expected by January 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date : Apr:2019
Click here for more details. Details
8Project Cost: Rs 145 Crore
8Project Description: An existing company along with EPCM contractor is planning to install a new IndJet unit to produce 250 KTA of Aviation Turbine Fuel (ATF) and 75 KTA of Pipeline Compatible Kerosene (PCK) from its Refinery. Engineers India Limited (EIL) has been entrusted to carry out the Environmental Impact Assessment (EIA) and Risk Analysis/Assessment (RA) studies for the project. TOR was granted on 8 June 2017 and EC is expected by January 2018.
8Project Event: RFQ for major equipment is expected by January 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date: Q4:2020
Click here for more details.
8Project Name: Pipeline Expansion Project
8Project Cost: Rs 400 Crore
8Project Description: An existing company along with EPCM contractor is planning to expand its pipeline from 4.71 MMTPA to 7.11 MMTPA. They are also planning to install a new pumping station which will be constructed with separate booster pumps for POL & LPG along with mainline pumps. There will also be a new intermediate pumping station at SV4 which will be constructed along with a separate mainline pump for the expansion.
8Project Event: RFQ for equipment is expected by January 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date : Apr:2019
Click here for more details. Details
8Project Name: Thermal Power Station Maintenance Project (Unit-4)
8Project Cost: 18 crores
8Project Description: The owner has planned a 21 day scheduled maintenance of Unit-4 (250 MW) in the 1500 MW Thermal Power Station covering an annual maintenance of equipment which includes overhauling of auxiliary parts of turbine, boiler, generator comprising HP, IP, LP cylinders gas testing, testing and cleaning of condenser parts, Residual Life Assessment of boiler pressure parts, assessing performance and condition monitoring of furnace, mills, APH and associated ducts.
8Equipment required will be air filters, nozzle, boiler tubes, valves, buckstays, chevron blades, generator relay, condenser tube banks, thrust bearing, journal bearings, pipes, turbine blades, turbine casing among others.
8Project Event: RFQs for equipment required are expected by fourth week of December 2017.
8Expenditure Approval: Q3:2016
8RFQ Date: 27/Dec/2017
8Release Date: Jan/2018
8Start Date: 1/Feb/2018
8Completion Date: 21/Feb/2018
Click here for more information
8Project Name: Greenfield Supercritical Thermal Power Plant
8Project Cost: 16000 crores
8Project Description: The developer is planning to set up a 2400 MW (3*800 MW) thermal power plant near it's captive coal mines. The STPP is currently awaiting TOR from MoEF. Feasibility report of the project will be done in-house only. Site visit was done by MoEF officers in month of October. The proponent is expected to float an RFQ for a consultant for the preparation of an EIA. RFQs for main plant award (EPC package) are expected by Q1 2019 after getting approval from requisite departments. Also, its note worthy that for the FGD, a separate RFQ shall be floated for an EPC contractor.
8Project Event: RFQ for an EIA consultant is expected to be out in Q1 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q1:2020
8Completion Date: Q3:2024
Click here for more information Details
8Project Cost: 18 crores
8Project Description: The owner has planned a 21 day scheduled maintenance of Unit-4 (250 MW) in the 1500 MW Thermal Power Station covering an annual maintenance of equipment which includes overhauling of auxiliary parts of turbine, boiler, generator comprising HP, IP, LP cylinders gas testing, testing and cleaning of condenser parts, Residual Life Assessment of boiler pressure parts, assessing performance and condition monitoring of furnace, mills, APH and associated ducts.
8Equipment required will be air filters, nozzle, boiler tubes, valves, buckstays, chevron blades, generator relay, condenser tube banks, thrust bearing, journal bearings, pipes, turbine blades, turbine casing among others.
8Project Event: RFQs for equipment required are expected by fourth week of December 2017.
8Expenditure Approval: Q3:2016
8RFQ Date: 27/Dec/2017
8Release Date: Jan/2018
8Start Date: 1/Feb/2018
8Completion Date: 21/Feb/2018
Click here for more information
8Project Name: Greenfield Supercritical Thermal Power Plant
8Project Cost: 16000 crores
8Project Description: The developer is planning to set up a 2400 MW (3*800 MW) thermal power plant near it's captive coal mines. The STPP is currently awaiting TOR from MoEF. Feasibility report of the project will be done in-house only. Site visit was done by MoEF officers in month of October. The proponent is expected to float an RFQ for a consultant for the preparation of an EIA. RFQs for main plant award (EPC package) are expected by Q1 2019 after getting approval from requisite departments. Also, its note worthy that for the FGD, a separate RFQ shall be floated for an EPC contractor.
8Project Event: RFQ for an EIA consultant is expected to be out in Q1 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q1:2020
8Completion Date: Q3:2024
Click here for more information Details
Naptha to Natural Gas Feedstock Conversion Project
8Cost - Rs 250 Crore
8Project Description: A fertilizer Company has already completed some of the modification jobs to change its feedstock from Naptha to Natural gas in India. Due to non-availability of gas pipeline connectivity, sourcing of natural gas could not be carried out. The company has signed a. Heads of Agreement for the supply of Natural Gas. The Project Consultant is PDIL.
8Project Event: Equipment purchase is going on
Click here for more information
Single Super Phosphate Expansion Project
8Cost - Rs 20 Crore
8Project Description: A fertilizer Company is awaiting environmental clearance for an expansion of Single Super Phosphate from 300 MTPD to 600 MTPD and Granulated Single Super Phosphate from 150 MTPD to 600 MTPD in India. The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Mills, Elevators, Drums, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more
8Project Event: RFQ for equipment is likely to be released in Q1 2018.
Click here for more information
SSP Annual Maintenance Project
8Cost - Rs 0.25 Crore
8Project Description: A fertilizer Company is planning an annual maintenance shutdown in Q3 2018 at its existing fertilizer complex in India.The existing capacity is made up of 66000 MTPA of SSP. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQ for a maintenance contractor is likely to be released in Q2 2018
Click here for more information Details
8Cost - Rs 250 Crore
8Project Description: A fertilizer Company has already completed some of the modification jobs to change its feedstock from Naptha to Natural gas in India. Due to non-availability of gas pipeline connectivity, sourcing of natural gas could not be carried out. The company has signed a. Heads of Agreement for the supply of Natural Gas. The Project Consultant is PDIL.
8Project Event: Equipment purchase is going on
Click here for more information
Single Super Phosphate Expansion Project
8Cost - Rs 20 Crore
8Project Description: A fertilizer Company is awaiting environmental clearance for an expansion of Single Super Phosphate from 300 MTPD to 600 MTPD and Granulated Single Super Phosphate from 150 MTPD to 600 MTPD in India. The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Mills, Elevators, Drums, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more
8Project Event: RFQ for equipment is likely to be released in Q1 2018.
Click here for more information
SSP Annual Maintenance Project
8Cost - Rs 0.25 Crore
8Project Description: A fertilizer Company is planning an annual maintenance shutdown in Q3 2018 at its existing fertilizer complex in India.The existing capacity is made up of 66000 MTPA of SSP. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQ for a maintenance contractor is likely to be released in Q2 2018
Click here for more information Details
For reference purposes the website carries here the following tenders:
8 Procurement of Intrinsically Safe Multi-function Ultrasonic Thickness Measurement Meter for different pipeline systems Details
8Expression of Interest from reputed and interested Contractors for carrying out 2DHR, UHR, MBES, SBP, Magnetometry and coring for Project KG-DWN-98/2 Details
8Expression of Interest for hiring of Consultancy Services for Protection Measures for Sour Gas Pipelines Details
8Hiring of Services for testing and Calibration of relays at GAIL Details
8Calibration and Stamping of Mass Flow Meters in SRPL Locations Details
8Revisioning/ testing of valves at refinery during shutdown Details
8Supply of Compressor Spares for refinery Details
8Annual Rate Contract for Civil Works related to Work Over Operation in Cauvery Asset for the year 2017-2018 Details
8Procurement of Oil Well Cement for Onshore Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Investors wean themselves off crude oil as electric future beckons Details
8ExxonMobil, Chevron, Shell paid no tax in Australia for 2016 Details
8Re-emerging supply, lower demand push down oil refining margins Details
8Ethanol supply to touch record 113 cr litre in 2017-18: ISMA Details
8Energean signs more natgas supply deals with Israeli firms Details
8GAIL announces Rs 6,000 crore worth of contracts awarded under Urja Ganga Details
8Iraq says Russian energy minister did not discuss operations in Kurdistan with officials Details
8Natural Gas prices edge lower Details
8 Is the rise in crude oil prices here to stay? Details
8Oil bounces back from losses prompted by US fuel stocks Details
8GAIL India awards job orders under key pipeline project Details
You can also click on Newsclips for more Details
8 Procurement of Intrinsically Safe Multi-function Ultrasonic Thickness Measurement Meter for different pipeline systems Details
8Expression of Interest from reputed and interested Contractors for carrying out 2DHR, UHR, MBES, SBP, Magnetometry and coring for Project KG-DWN-98/2 Details
8Expression of Interest for hiring of Consultancy Services for Protection Measures for Sour Gas Pipelines Details
8Hiring of Services for testing and Calibration of relays at GAIL Details
8Calibration and Stamping of Mass Flow Meters in SRPL Locations Details
8Revisioning/ testing of valves at refinery during shutdown Details
8Supply of Compressor Spares for refinery Details
8Annual Rate Contract for Civil Works related to Work Over Operation in Cauvery Asset for the year 2017-2018 Details
8Procurement of Oil Well Cement for Onshore Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Investors wean themselves off crude oil as electric future beckons Details
8ExxonMobil, Chevron, Shell paid no tax in Australia for 2016 Details
8Re-emerging supply, lower demand push down oil refining margins Details
8Ethanol supply to touch record 113 cr litre in 2017-18: ISMA Details
8Energean signs more natgas supply deals with Israeli firms Details
8GAIL announces Rs 6,000 crore worth of contracts awarded under Urja Ganga Details
8Iraq says Russian energy minister did not discuss operations in Kurdistan with officials Details
8Natural Gas prices edge lower Details
8 Is the rise in crude oil prices here to stay? Details
8Oil bounces back from losses prompted by US fuel stocks Details
8GAIL India awards job orders under key pipeline project Details
You can also click on Newsclips for more Details
8Project Name: Refinery INDMAX Project
8Project Cost: Rs 4185 Crore
8Project Description: An existing company along with EPC contractor and licensor Licensor Lummus Technology Inc/Merichem, USA is carrying out engineering activities to construct the following new units: INDMAX unit of 740 TMTPA, Prime G+(IGHDS) of 312 TMTPA, NHT unit of 235 TMTPA, SRU of 80 TMTPA, SDS of 59 TMTPA and revamping of the DHDT from 1200 TMTPA to 1800 TMTPA, CRU from 160 TMTPA to 200 TMTPA as well as crude processing capacity enhancement from 2.35 MMTPA to 2.7 MMTPA in its Bongaigaon refinery at Dhaligaon, Assam. RFQ for equipment is already out.
8Project Event: RFQ for civil work is expected by January 2018.
8Expenditure Approval: Q3:2016
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q1:2017
8Completion Date: Q2:2020
Click here for more details.
8Project Name: Refinery DHDT Debottlenecking Project
8Project Cost: Rs 1810 Crore
8Project Description: An existing company along with EPCM contractor and licensor Axens, France is planning to expand its DHDT unit from 230 KTPA to 382 KTPA at its refinery.
8Project Event: RFQ for equipment is expected by January 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date: Q1:2020
Click here for more details. Details
8Project Cost: Rs 4185 Crore
8Project Description: An existing company along with EPC contractor and licensor Licensor Lummus Technology Inc/Merichem, USA is carrying out engineering activities to construct the following new units: INDMAX unit of 740 TMTPA, Prime G+(IGHDS) of 312 TMTPA, NHT unit of 235 TMTPA, SRU of 80 TMTPA, SDS of 59 TMTPA and revamping of the DHDT from 1200 TMTPA to 1800 TMTPA, CRU from 160 TMTPA to 200 TMTPA as well as crude processing capacity enhancement from 2.35 MMTPA to 2.7 MMTPA in its Bongaigaon refinery at Dhaligaon, Assam. RFQ for equipment is already out.
8Project Event: RFQ for civil work is expected by January 2018.
8Expenditure Approval: Q3:2016
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q1:2017
8Completion Date: Q2:2020
Click here for more details.
8Project Name: Refinery DHDT Debottlenecking Project
8Project Cost: Rs 1810 Crore
8Project Description: An existing company along with EPCM contractor and licensor Axens, France is planning to expand its DHDT unit from 230 KTPA to 382 KTPA at its refinery.
8Project Event: RFQ for equipment is expected by January 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q1:2018
8Completion Date: Q1:2020
Click here for more details. Details
8Project Name: Super Thermal Power Plant - FGD Addition
8Project Cost: 800 crores
8Project Description: The owner is planning the installation of an WFGD unit at it's 1600 MW (2*800 MW) unit out of a 2400 MW (3*800 MW) Thermal Power Station. The company is expected to float tenders for the same. At present, site survey activities are ongoing for feasibility report. RFQ for supply of FGD is expected to be out by Q3 of 2018.
8The major requirements will be FGD, stacker and reclaimer, earthwork, cranes, pipes, installation, gypsum disposal, wet limestone, among others.
8Project Event: RFQ for supply of FGD is expected to be out by the Q3 2018.
8Expenditure Approval: Q2:2016
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q2:2019
8Completion Date: Q1:2021
Click here for more information
8Project Name: Thermal Power Plant - Dismantling
8Project Cost: 25 crores
8Project Description: The owner is planning to retire and dismantle units two thermal units (2x30 MW) with a capacity of 60 MW. At present, the consultant is working on the feasibility studies, based on which action is due by the Q2 2018. As of now, these two units have already been shut down since March 2016 due to a steep rise in fuel oil prices making cost of generation extremely high and unacceptable. RFQs for civil work and dismantling services of various equipment are expected by the Q2 2018. There is a tentative proposal to set up a solar plant on the land area after the dismantling is over.
8The major requirement will be cranes, dozers, dismantling services for electrical, mechanical and control and instrumentation (C&I) equipment, onsite inspection, inventorying, segregation and estimation among others.
8Project Event: RFQ for dismantling services of various equipment is expected by Q2 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Q2:2018
8Release Date: Q3:2018
8Start Date: Q1:2019
8Completion Date: Q2:2020
Click here for more information Details
8Project Cost: 800 crores
8Project Description: The owner is planning the installation of an WFGD unit at it's 1600 MW (2*800 MW) unit out of a 2400 MW (3*800 MW) Thermal Power Station. The company is expected to float tenders for the same. At present, site survey activities are ongoing for feasibility report. RFQ for supply of FGD is expected to be out by Q3 of 2018.
8The major requirements will be FGD, stacker and reclaimer, earthwork, cranes, pipes, installation, gypsum disposal, wet limestone, among others.
8Project Event: RFQ for supply of FGD is expected to be out by the Q3 2018.
8Expenditure Approval: Q2:2016
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q2:2019
8Completion Date: Q1:2021
Click here for more information
8Project Name: Thermal Power Plant - Dismantling
8Project Cost: 25 crores
8Project Description: The owner is planning to retire and dismantle units two thermal units (2x30 MW) with a capacity of 60 MW. At present, the consultant is working on the feasibility studies, based on which action is due by the Q2 2018. As of now, these two units have already been shut down since March 2016 due to a steep rise in fuel oil prices making cost of generation extremely high and unacceptable. RFQs for civil work and dismantling services of various equipment are expected by the Q2 2018. There is a tentative proposal to set up a solar plant on the land area after the dismantling is over.
8The major requirement will be cranes, dozers, dismantling services for electrical, mechanical and control and instrumentation (C&I) equipment, onsite inspection, inventorying, segregation and estimation among others.
8Project Event: RFQ for dismantling services of various equipment is expected by Q2 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Q2:2018
8Release Date: Q3:2018
8Start Date: Q1:2019
8Completion Date: Q2:2020
Click here for more information Details
8As OPEC curtails output, US crude output recorded its highest monthly level in September. This has created the belief that the OPEC cuts while pushing prices up will not eventually have an impact as prices will be capped by rising US output. Click on Report for more.
8Solar energy can replace diesel gen sets in Indian agriculture with electric pumps. As average incident solar radiation over India's geographical area is of 4-7 kWh/m /day with 250-300 clear sunshine days/year, solar pumps can do the job of ground water lifting and pressure water irrigation at the same time. The website carries here a suitable model of how to go about doing it. Click on Report for more.
8Reliance has been granted $ 500 million loan to build an LNG terminal-cum-Power plant in Bangladesh. But the long term economics of such a plant in a power country like Bangladesh must be looked at again. If LNG based power is unviable in India, how can it be in Bangaldesh? Also, can Bangladesh really afford to pay for LNG-based power. If power has to be subsidized by the government, how will the math work out, eventually? Click on Report for more.
8The LNG tank container market comes in all sizes, particularly when intermodal transfers are involved. The container market is highly specialized and a bunch of global companies have sway over it. Find out more on this market, if you are planning an investment in the LNG storage business, big or small. Click on Report for more.
8Download the all-important Fifth Bi-monthly Monetary Policy Statement, 2017-18, of the RBI here. Click on Report for more.
8Doubts have emerged over whether Russia will agree to join OPEC in an extension of production cuts beyond March. Click on Report for more.
8Despite the fact that the crude carriers market has been moving sideways overall in the past days, sentiment has improved a bit compared to the week prior, with rates notable improvements taking place in a few routes. Click on Report for more. Details
8Solar energy can replace diesel gen sets in Indian agriculture with electric pumps. As average incident solar radiation over India's geographical area is of 4-7 kWh/m /day with 250-300 clear sunshine days/year, solar pumps can do the job of ground water lifting and pressure water irrigation at the same time. The website carries here a suitable model of how to go about doing it. Click on Report for more.
8Reliance has been granted $ 500 million loan to build an LNG terminal-cum-Power plant in Bangladesh. But the long term economics of such a plant in a power country like Bangladesh must be looked at again. If LNG based power is unviable in India, how can it be in Bangaldesh? Also, can Bangladesh really afford to pay for LNG-based power. If power has to be subsidized by the government, how will the math work out, eventually? Click on Report for more.
8The LNG tank container market comes in all sizes, particularly when intermodal transfers are involved. The container market is highly specialized and a bunch of global companies have sway over it. Find out more on this market, if you are planning an investment in the LNG storage business, big or small. Click on Report for more.
8Download the all-important Fifth Bi-monthly Monetary Policy Statement, 2017-18, of the RBI here. Click on Report for more.
8Doubts have emerged over whether Russia will agree to join OPEC in an extension of production cuts beyond March. Click on Report for more.
8Despite the fact that the crude carriers market has been moving sideways overall in the past days, sentiment has improved a bit compared to the week prior, with rates notable improvements taking place in a few routes. Click on Report for more. Details
India's onland discovered reserves are always possible to be tapped at a reasonably low cost, leaving operators with good margins even under a low price regime.
850-60 well on land drilling programme is likely to get underway under a private operator once formalities are to get cleared next year
8The second phase of this programme can see another 150 wells coming up
8Pertinently, the operator is also looking for a strategic investor, if anyone is interested
Click on Reports for more Details
850-60 well on land drilling programme is likely to get underway under a private operator once formalities are to get cleared next year
8The second phase of this programme can see another 150 wells coming up
8Pertinently, the operator is also looking for a strategic investor, if anyone is interested
Click on Reports for more Details
Large scale upheavals in the energy market is causing the global energy outlook to change every few months.
8The world's best-known research institute has now claimed that the Solar PV is on track to become the cheapest source of electricity
8The future is electrifying, spurred by cooling, electric vehicles & digitalization
8And while gas demand is going to be on the rise, it will have to find a solution to curb methane emissions and price hikes
8The days of high gas prices are now over, claims the agency
Click on Reports for more Details
8The world's best-known research institute has now claimed that the Solar PV is on track to become the cheapest source of electricity
8The future is electrifying, spurred by cooling, electric vehicles & digitalization
8And while gas demand is going to be on the rise, it will have to find a solution to curb methane emissions and price hikes
8The days of high gas prices are now over, claims the agency
Click on Reports for more Details
End-to-end solutions are now more in demand by Indian E&P operators
Expertise is now increasingly sought together in:
8Subsurface work
8Integrated construction of wells
8Full FDP planning
8Complete surface developments
Find out more Details
Expertise is now increasingly sought together in:
8Subsurface work
8Integrated construction of wells
8Full FDP planning
8Complete surface developments
Find out more Details
For reference purposes the website carries here the following tenders:
8Hiring of Service for performing Long Range Ultra Sonic Thickness Details
8Supply of Distributed Control System for GTU Project at refinery Details
8Supply of Nucleonic Level Transmitters Details
8AMC Services for SM PLC (LPG Area and Gas Detector System at Offsite) and ML PLC (Emulsion Plant at Offsite) at refinery Details
8ARC for Rubber/ FRP lining and HDPE/ PP/ CPVC piping jobs in TPS and DM plant of refinery Details
8Refurbishment and reconditioning of the OHCU RGC Compressor Rotor of refinery Details
8Procurement of Spares for DB Compressors for City Gas Project Details
8Expression Of Interest for Integrated Exploration, Appraisal, Development, Field Development Planning and Facility Development Services in Ravva Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Law firm seeks criminal case against Shell and its CEO over Nigeria deal Details
8Indonesia to keep OPEC membership frozen - deputy energy minister Details
8Cheniere boosts LNG tanker fleet amid Asian demand boom Details
8No gas! Inclusion in GST to light up producer, distributor stocks Details
8Oil dips on rising US fuel stocks, but OPEC's supply cuts offer support Details
8Reliance Infrastructure bags Rs 5,000 crore contracts in Bangladesh Details
8GAIL to organize Oil & Gas health and safety conclave this month Details
8Turkmenistan to go to arbitration over natural gas dispute with Iran Details
8GAIL hires drones to secure gas pipelines Details
8Thailand's Banpu plans to raise coal output, looking at more shale gas Details
8RBI keeps repo rate unchanged at 6%, maintains neutral stance Details
8Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley Details
8U.S. energy chief Rick Perry says discussed LNG exports with Saudi Details
8Russia's Novak: Saudi's Falih to oversee launch of Arctic LNG plant Details
8Shell to take first LNG shipments from new U.S. Cove Point plant Details
You can also click on Newsclips for more Details
8Hiring of Service for performing Long Range Ultra Sonic Thickness Details
8Supply of Distributed Control System for GTU Project at refinery Details
8Supply of Nucleonic Level Transmitters Details
8AMC Services for SM PLC (LPG Area and Gas Detector System at Offsite) and ML PLC (Emulsion Plant at Offsite) at refinery Details
8ARC for Rubber/ FRP lining and HDPE/ PP/ CPVC piping jobs in TPS and DM plant of refinery Details
8Refurbishment and reconditioning of the OHCU RGC Compressor Rotor of refinery Details
8Procurement of Spares for DB Compressors for City Gas Project Details
8Expression Of Interest for Integrated Exploration, Appraisal, Development, Field Development Planning and Facility Development Services in Ravva Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Law firm seeks criminal case against Shell and its CEO over Nigeria deal Details
8Indonesia to keep OPEC membership frozen - deputy energy minister Details
8Cheniere boosts LNG tanker fleet amid Asian demand boom Details
8No gas! Inclusion in GST to light up producer, distributor stocks Details
8Oil dips on rising US fuel stocks, but OPEC's supply cuts offer support Details
8Reliance Infrastructure bags Rs 5,000 crore contracts in Bangladesh Details
8GAIL to organize Oil & Gas health and safety conclave this month Details
8Turkmenistan to go to arbitration over natural gas dispute with Iran Details
8GAIL hires drones to secure gas pipelines Details
8Thailand's Banpu plans to raise coal output, looking at more shale gas Details
8RBI keeps repo rate unchanged at 6%, maintains neutral stance Details
8Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley Details
8U.S. energy chief Rick Perry says discussed LNG exports with Saudi Details
8Russia's Novak: Saudi's Falih to oversee launch of Arctic LNG plant Details
8Shell to take first LNG shipments from new U.S. Cove Point plant Details
You can also click on Newsclips for more Details
8Project Name: Greenfield Thermal Power Station
8Project Cost: Rs 12000 crore
8Project Description: The owner is planning to construct a 1600 MW (2*800 MW) greenfield super-critical thermal power plant. EC has been accorded on May 2016. The owner has awarded BTG and civil package to BHEL and LOA has been issued on June 2017. Geo-technical work is under progress. Work at the site is getting delayed due to legal wrangles over land acquisition. PFC has already sanctioned an amount of Rs. 9000 crorer for funding the project. The owner will come out with a BoP package and short lead items soon.
8Project Event: RFQs for BoP package and short lead items are expected by Q1 2018.
8Expenditure Approval: Mar/2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q4:2018
8Completion Date: Q1:2023
Click here for more information
8Project Name: Procurement of HP rotor in Thermal Power Station
8Project Cost: Rs 10 crore
8Project Description: The owner is planning to replace the existing HP rotor in the turbine which has served nearly 25 years. It will procure a new HP rotor without waiting for the old rotor to be repaired. Administrative approval is awaited, subsequently after which the procurement team of the owner will come out with a bid for the new rotor.
8Project Event: RFQ for purchase of new turbine rotor is expected by Q1 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Q1:2018
8Release Date: Q1:2018
8Start Date: Apr/2018
8Completion Date: May/2018
Click here for more information Details
8Project Cost: Rs 12000 crore
8Project Description: The owner is planning to construct a 1600 MW (2*800 MW) greenfield super-critical thermal power plant. EC has been accorded on May 2016. The owner has awarded BTG and civil package to BHEL and LOA has been issued on June 2017. Geo-technical work is under progress. Work at the site is getting delayed due to legal wrangles over land acquisition. PFC has already sanctioned an amount of Rs. 9000 crorer for funding the project. The owner will come out with a BoP package and short lead items soon.
8Project Event: RFQs for BoP package and short lead items are expected by Q1 2018.
8Expenditure Approval: Mar/2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q4:2018
8Completion Date: Q1:2023
Click here for more information
8Project Name: Procurement of HP rotor in Thermal Power Station
8Project Cost: Rs 10 crore
8Project Description: The owner is planning to replace the existing HP rotor in the turbine which has served nearly 25 years. It will procure a new HP rotor without waiting for the old rotor to be repaired. Administrative approval is awaited, subsequently after which the procurement team of the owner will come out with a bid for the new rotor.
8Project Event: RFQ for purchase of new turbine rotor is expected by Q1 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Q1:2018
8Release Date: Q1:2018
8Start Date: Apr/2018
8Completion Date: May/2018
Click here for more information Details
8Project Name: POL Terminal Cum LPG Bottling Plant Expansion Project
8Project Cost: Rs 500 Crore
8Project Description: An existing company along with EPC contractor is planning to expand its POL terminal from 76216 KL to 115575 KL along while also planning to construct a new LPG bottling plant of 3600 MT (3X1200 MT). Environmental Clearance is expected to be granted by April 2018. At present, site preparation work is going on.
8Project Event: RFQ for major equipment is to be expected by January 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q2:2018
8Completion Date: Q2:2020
Click here for more details.
8Project Name: Greenfield LPG Bottling Plant
8Project Cost: Rs 121 Crore
8Project Description: An existing company is planning to set an LPG Bottling Plant with a capacity of 1800 MTPA by installing 3 X 600 MT mounded storage vessels. Local vendors will be preferred.
8Project Event: RFQ for Project Management Consultant is to be expected by January 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q1:2018
8Completion Date: Q3:2019
Click here for more details. Details
8Project Cost: Rs 500 Crore
8Project Description: An existing company along with EPC contractor is planning to expand its POL terminal from 76216 KL to 115575 KL along while also planning to construct a new LPG bottling plant of 3600 MT (3X1200 MT). Environmental Clearance is expected to be granted by April 2018. At present, site preparation work is going on.
8Project Event: RFQ for major equipment is to be expected by January 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q2:2018
8Completion Date: Q2:2020
Click here for more details.
8Project Name: Greenfield LPG Bottling Plant
8Project Cost: Rs 121 Crore
8Project Description: An existing company is planning to set an LPG Bottling Plant with a capacity of 1800 MTPA by installing 3 X 600 MT mounded storage vessels. Local vendors will be preferred.
8Project Event: RFQ for Project Management Consultant is to be expected by January 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q1:2018
8Completion Date: Q3:2019
Click here for more details. Details
The key to gas fulfilling its potential role as a ‘transition fuel’ up to and beyond 2030, is that it must be delivered to high-income markets below $8/MMbtu, and to low-income markets below $6/MMbtu (and ideally closer to $5/MMbtu).
8The major challenge to the future of gas will be to ensure that it does not become (and in many low-income countries remain) unaffordable or uncompetitive, long before its emissions make it unburnable.
8There are many countries including India where there is an absolute price level, such as $5/MMbtu, above which customers can not afford to purchase the fuel either because of their income level, or because the end-user price level of the final product for which gas is being purchased would be too high.
8That fact that pipeline capacity utilization in India is low is a pointer to the inability of gas suppliers to find affording customers.
8KG Basin suppliers will have to keep these gas ceiling prices in mind while formulating their arithmetic.
Click on Reports for more Details
8The major challenge to the future of gas will be to ensure that it does not become (and in many low-income countries remain) unaffordable or uncompetitive, long before its emissions make it unburnable.
8There are many countries including India where there is an absolute price level, such as $5/MMbtu, above which customers can not afford to purchase the fuel either because of their income level, or because the end-user price level of the final product for which gas is being purchased would be too high.
8That fact that pipeline capacity utilization in India is low is a pointer to the inability of gas suppliers to find affording customers.
8KG Basin suppliers will have to keep these gas ceiling prices in mind while formulating their arithmetic.
Click on Reports for more Details
8Find out more on Sour Point Depressant market share, market size, market demand & growth forecast up to 2022. Click on Report for more.
8Find out more on how BPCL has built a stronger and bigger global footprint than other oil marketing companies and how these investments can eventually push the company into a different league entirely. Click on Report for more.
8More inputs on the 40 MMTPA Ratnagiri refinery is available now. Find out more. Click on Report.
8How to map and promote energy performance of buildings: A guide for the policy maker. Click on Report for more.
8Policy pathway to improving the fuel economy of road vehicles. Find out more. Click on Report.
82G ethanol: Is indigenous technology good enough? Click on Report for more. Details
8Find out more on how BPCL has built a stronger and bigger global footprint than other oil marketing companies and how these investments can eventually push the company into a different league entirely. Click on Report for more.
8More inputs on the 40 MMTPA Ratnagiri refinery is available now. Find out more. Click on Report.
8How to map and promote energy performance of buildings: A guide for the policy maker. Click on Report for more.
8Policy pathway to improving the fuel economy of road vehicles. Find out more. Click on Report.
82G ethanol: Is indigenous technology good enough? Click on Report for more. Details
The majority of the respondents in a recent global study believed that technological progress in renewables and battery storage would have a greater influence on gas demand than carbon reduction targets.
8Gas has already become an unviable fuel for the power sector, leaving demand to emanate from the highly fragmented industrial sector. Given the dynamics of this sector and its sensitivity to gas prices, it is has become extremely difficult for the gas sector, accustomed to operating with 15–30 year long-term contracts, to plan for 2025, let alone 2050.
8There seems to be little pressure on the Indian policy maker to seek a changeover to gas despite dangerous levels of pollution in the air. Does this mean that he is waiting for a switchover to electric vehicles rather than CNG fired vehicles to clear the air?
Click on Reports for more Details
8Gas has already become an unviable fuel for the power sector, leaving demand to emanate from the highly fragmented industrial sector. Given the dynamics of this sector and its sensitivity to gas prices, it is has become extremely difficult for the gas sector, accustomed to operating with 15–30 year long-term contracts, to plan for 2025, let alone 2050.
8There seems to be little pressure on the Indian policy maker to seek a changeover to gas despite dangerous levels of pollution in the air. Does this mean that he is waiting for a switchover to electric vehicles rather than CNG fired vehicles to clear the air?
Click on Reports for more Details
New studies are increasingly showing a gloomy picture for gas demand globally and in India.
8These studies are focused on the question of affordability of gas as a fuel and feedstock rather than as a substituting fuel for other kinds of dirtier fossil fuels.
8Fresh insights seem to indicate that there are limited numbers of countries outside the OECD which can be expected to afford to pay wholesale (or import) prices of $6–8/MMbtu and above, which are needed to remunerate 2017 delivery costs of large volumes of gas from new pipeline gas or LNG projects.
8The unspoken assumption that around the early-mid 2020s, gas prices will rise somewhere close to 2011–14 levels, allowing a return to profitability for LNG projects which have come on stream since the mid-2010s, coaxing new projects to move forward, may not turn out to be true.
Click on Reports for more Details
8These studies are focused on the question of affordability of gas as a fuel and feedstock rather than as a substituting fuel for other kinds of dirtier fossil fuels.
8Fresh insights seem to indicate that there are limited numbers of countries outside the OECD which can be expected to afford to pay wholesale (or import) prices of $6–8/MMbtu and above, which are needed to remunerate 2017 delivery costs of large volumes of gas from new pipeline gas or LNG projects.
8The unspoken assumption that around the early-mid 2020s, gas prices will rise somewhere close to 2011–14 levels, allowing a return to profitability for LNG projects which have come on stream since the mid-2010s, coaxing new projects to move forward, may not turn out to be true.
Click on Reports for more Details
Small scale FRSUs may be more suitable for India than bigger projects going ahead.
8Smaller and medium sized vessels are more attractive conversion candidates of late
8Alternatives allowing smaller-scale deliveries of LNG are proliferating. These include various combinations of FSUs and FSRUs with associated regas or storage barges alongside; containerised LNG, where the gas is cooled and then transported as freight in cryogenic containers; and small-scale liquefaction -- either floating facilities using cryogenic barges or land-based facilities that can operate on a standalone basis or be linked to a larger liquefaction plant.
8The Indian suppliers will need to do a lot more home work, in terms of the relative merits of each LNG delivery solution, including metocean analyses and navigational assessments, environmental issues, local infrastructure and pipeline networks and relative costs along the value chain.
8Flexible LNG is clearly the key to expansion of LNG usage in India.
Click on Reports for more Details
8Smaller and medium sized vessels are more attractive conversion candidates of late
8Alternatives allowing smaller-scale deliveries of LNG are proliferating. These include various combinations of FSUs and FSRUs with associated regas or storage barges alongside; containerised LNG, where the gas is cooled and then transported as freight in cryogenic containers; and small-scale liquefaction -- either floating facilities using cryogenic barges or land-based facilities that can operate on a standalone basis or be linked to a larger liquefaction plant.
8The Indian suppliers will need to do a lot more home work, in terms of the relative merits of each LNG delivery solution, including metocean analyses and navigational assessments, environmental issues, local infrastructure and pipeline networks and relative costs along the value chain.
8Flexible LNG is clearly the key to expansion of LNG usage in India.
Click on Reports for more Details
There are more than 40 LNG import projects around the world looking to use FSRUs but only 12 vessels on order, meaning many of these projects will face delays to their planned timetables.
8The shortage has been caused by the fact that the majority of these floating import projects are looking to come online in the next 2-3 years.
8Indian FRSU planners will find it difficult to source vessels if they haven't finalized one as yet.
8Get the latest timelines for planned and proposed FRSU projects in India.
Click on Reports for more Details
8The shortage has been caused by the fact that the majority of these floating import projects are looking to come online in the next 2-3 years.
8Indian FRSU planners will find it difficult to source vessels if they haven't finalized one as yet.
8Get the latest timelines for planned and proposed FRSU projects in India.
Click on Reports for more Details
Can renewable energy bring about a dramatic transformation of the desalinization market?
8It possibly can
8What kind of basic and advanced research is going on on this front?
8What are the emerging technologies?
8At what stage of deployment are they?
8Which are the big players in the business and what kind of technologies are they specializing in?
8Are competitive payback periods possible?
Click on Reports to find out more Details
8It possibly can
8What kind of basic and advanced research is going on on this front?
8What are the emerging technologies?
8At what stage of deployment are they?
8Which are the big players in the business and what kind of technologies are they specializing in?
8Are competitive payback periods possible?
Click on Reports to find out more Details
What are the ongoing desalinization contracts in India?
8Also, is the Indian market for wastewater treatment going to change in the face of tighter regulations?
8Existing wastewater treatment plants will have to transit to tertiary treatment levels.
8And this will bring about a boom in business
8Get a list of likely projects
Click on Reports for more Details
8Also, is the Indian market for wastewater treatment going to change in the face of tighter regulations?
8Existing wastewater treatment plants will have to transit to tertiary treatment levels.
8And this will bring about a boom in business
8Get a list of likely projects
Click on Reports for more Details
Desalination is the way out for many Indian industrial projects in the face of looming water shortages, particularly in the west coast.
8The website carries here the trends in water prices using three different methods, multi-effect distillation, multi-stage flash, reverse osmosis, from the year 2000 till now
8Progress in lowering prices has been more due to competitive prices rather than technological breakthroughs
Click on Reports for more Details
8The website carries here the trends in water prices using three different methods, multi-effect distillation, multi-stage flash, reverse osmosis, from the year 2000 till now
8Progress in lowering prices has been more due to competitive prices rather than technological breakthroughs
Click on Reports for more Details
Phosphoric Acid Expansion Project
8Cost - Rs 1100 Crore
8Project Description: A Fertilizer Company is awaiting environmental clearance for its phosphoric acid expansion, from 50417 to 131744 MTPA in India. The company has a 90 MW gas-based power plant. A preliminary pre-qualification process will be ongoing, subsequent to which a tender for an LSTK contract will be taken out. the equipment requirements for the phosphoric acid plant are Storage Systems, Soda Ash Silos, Rotary Dryers, Grinding Unit, Ball Mill, Mixing Tanks, Blending Unit, Wet Scrubber Unit, Venturi Scrubber Unit, Cyclone System, Air Pollution Control System, Vibro Shifter, Screens and Sieves, Conveyors and more.
8Project Event: RFQ for the EPC contractor is likely to be released in Q1 2018
Click here for more information
Single Super Phosphate Greenfield Project
8Cost - Rs 10 Crore
8Project Description: A Fertilizer is awaiting environmental clearance for its Greenfield Single Super Phosphate Unit with a capacity 70000 MTPA in India. The proposal for environmental clearance has been accepted by the State Level Environment Assessment Authority,The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screen, Mill, Elevator, Drum, Furnace, Cyclone, Blower, Belt, Weighing machine and more
8Project Event: RFQ for equipment & raw material is likely to be released in January 2018.
Click here for more information
SSP Annual Maintenance Project
8Cost - Rs 0.25 Crore
8Project Description: A Fertilizer Company is planning an annual shutdown maintenance in Q4 2018 at their existing fertilizer complex in India. The existing capacity is made up of 200000 MTPA of SSP. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQ for a maintenance contractor is likely to be released in Q3 2018
Click here for more information Details
8Cost - Rs 1100 Crore
8Project Description: A Fertilizer Company is awaiting environmental clearance for its phosphoric acid expansion, from 50417 to 131744 MTPA in India. The company has a 90 MW gas-based power plant. A preliminary pre-qualification process will be ongoing, subsequent to which a tender for an LSTK contract will be taken out. the equipment requirements for the phosphoric acid plant are Storage Systems, Soda Ash Silos, Rotary Dryers, Grinding Unit, Ball Mill, Mixing Tanks, Blending Unit, Wet Scrubber Unit, Venturi Scrubber Unit, Cyclone System, Air Pollution Control System, Vibro Shifter, Screens and Sieves, Conveyors and more.
8Project Event: RFQ for the EPC contractor is likely to be released in Q1 2018
Click here for more information
Single Super Phosphate Greenfield Project
8Cost - Rs 10 Crore
8Project Description: A Fertilizer is awaiting environmental clearance for its Greenfield Single Super Phosphate Unit with a capacity 70000 MTPA in India. The proposal for environmental clearance has been accepted by the State Level Environment Assessment Authority,The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screen, Mill, Elevator, Drum, Furnace, Cyclone, Blower, Belt, Weighing machine and more
8Project Event: RFQ for equipment & raw material is likely to be released in January 2018.
Click here for more information
SSP Annual Maintenance Project
8Cost - Rs 0.25 Crore
8Project Description: A Fertilizer Company is planning an annual shutdown maintenance in Q4 2018 at their existing fertilizer complex in India. The existing capacity is made up of 200000 MTPA of SSP. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQ for a maintenance contractor is likely to be released in Q3 2018
Click here for more information Details
The website has fully mapped the relevant matrices of the Indian thermal power sector into its software.
8Key generation unit-wise contact data is not available along with full technical matrices.
8Ground level work by our analysts shows that the thermal market continues to remain active. And despite indications to the contrary, planning activities are still on for 660 MW power units.
The two key areas where demand will emerge are:
-- The dismantling segment where older units are pulled down and, in some cases, newer 660 MW units will come up, particularly in the state sector
-- The FDG market, where stricter environmental norms will lead to a flurry of orders
8The maintenance market, both planned and unplanned, will continue to remain active.
8A 30,000 foot to ground level perspective is now available of the entire power market in terms of total dismantling market, new markets and the market for shutdowns.
8Actionable business development prospects are now available.
Get in touch with our marketing team for more Details
8Key generation unit-wise contact data is not available along with full technical matrices.
8Ground level work by our analysts shows that the thermal market continues to remain active. And despite indications to the contrary, planning activities are still on for 660 MW power units.
The two key areas where demand will emerge are:
-- The dismantling segment where older units are pulled down and, in some cases, newer 660 MW units will come up, particularly in the state sector
-- The FDG market, where stricter environmental norms will lead to a flurry of orders
8The maintenance market, both planned and unplanned, will continue to remain active.
8A 30,000 foot to ground level perspective is now available of the entire power market in terms of total dismantling market, new markets and the market for shutdowns.
8Actionable business development prospects are now available.
Get in touch with our marketing team for more Details
For reference purposes the website carries here the following tenders:
8Expression of Interest for off the Shelf/ Catalogued Mechanical, Electrical, Instrumentation and Site Bulks for Cambay Block, Ravva Oil and Gas Field Block and Rajasthan Block Details
8Global Expression Of Interest for Integrated Development of Surface Facilities for ASP implementation within the RJ-ON-90/1 Block Details
8Carrying out civil works at drill site LKGR_H in Lakwa area Details
8Supply of CS Exchanger Tubes Details
8Procurement of Thermal Relief Valves for NRPL stations Details
8Carrying out Miscellaneous Instrumentation Maintenance related Jobs in refinery Details
8Providing Thermal insulation to IBR piping in side plant area of refinery Details
8Carrying out In situ Re-Tubing of Surface Condenser at refinery Details
8Carrying out Topographical Survey of Ratnagiri Refinery and Petrochemicals Limited Details
8Cleaning of flue gas cooler tubes, utility boilers and HRSG by dry ice blasting at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8With China's push on gas heating, one-size doesn't fit all, says China Daily Details
8Philippines aims to issue permit for $2 bln LNG facility in 2018 Details
8China to auction five oil, gas blocks in Xinjiang in reform push Details
8Indian refiners turn to use dirty fuel to produce power, gas Details
8Own a car? Say goodbye to LPG subsidy soon Details
8India's Reliance to get $583m from ADB Details
8Govt raises incentives by more than a third to boost exports Details
860 pc of PMUY beneficiaries bought 4 LPG refills: Pradhan Details
8Greece, Italy, Israel and Cyprus back natural gas pipeline to Europe Details
8IOC evaluates Rs 20,000 crore coke gasification project at Paradip Details
You can also click on Newsclips for more Details
8Expression of Interest for off the Shelf/ Catalogued Mechanical, Electrical, Instrumentation and Site Bulks for Cambay Block, Ravva Oil and Gas Field Block and Rajasthan Block Details
8Global Expression Of Interest for Integrated Development of Surface Facilities for ASP implementation within the RJ-ON-90/1 Block Details
8Carrying out civil works at drill site LKGR_H in Lakwa area Details
8Supply of CS Exchanger Tubes Details
8Procurement of Thermal Relief Valves for NRPL stations Details
8Carrying out Miscellaneous Instrumentation Maintenance related Jobs in refinery Details
8Providing Thermal insulation to IBR piping in side plant area of refinery Details
8Carrying out In situ Re-Tubing of Surface Condenser at refinery Details
8Carrying out Topographical Survey of Ratnagiri Refinery and Petrochemicals Limited Details
8Cleaning of flue gas cooler tubes, utility boilers and HRSG by dry ice blasting at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8With China's push on gas heating, one-size doesn't fit all, says China Daily Details
8Philippines aims to issue permit for $2 bln LNG facility in 2018 Details
8China to auction five oil, gas blocks in Xinjiang in reform push Details
8Indian refiners turn to use dirty fuel to produce power, gas Details
8Own a car? Say goodbye to LPG subsidy soon Details
8India's Reliance to get $583m from ADB Details
8Govt raises incentives by more than a third to boost exports Details
860 pc of PMUY beneficiaries bought 4 LPG refills: Pradhan Details
8Greece, Italy, Israel and Cyprus back natural gas pipeline to Europe Details
8IOC evaluates Rs 20,000 crore coke gasification project at Paradip Details
You can also click on Newsclips for more Details
8Project Name: Thermal Power Plant Replacement Project
8Project Cost: Rs 4800 crore
8Project Description: The owner along with consultant is carrying out clearance activities for replacement of the old units at Thermal Power Station with a new super-critical 660 MW complex in the existing premises of Thermal Power Station. EC is expected to be granted in next 2 months. Dismantling of old units of 450 MW has already been carried out. Currently the owner is approaching PFC for funding of the project. RFQ for an EPC contractor is expected shortly. Project kick off date is expected by Q4 2018.
8Project Event: RFQ for an EPC contractor is expected to be floated by Q1 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q4:2018
8Completion Date: Q1:2023
Click here for more information
8Project Name: Combined Cycle Power Station Maintenance Project (GT - 2)
8Project Cost: Rs 10 crore
8Project Description: The developer has planned a 7-day scheduled maintenance of GT-2 (130.19 MW) in the 817 MW (4x130.19 MW GT + 2x154.51 MW ST) Gas Based Power Station covering boiler license renewal of 8000 equivalent operating hours, flame tube inspection, inspection of air-fuel ratio and compressor washing.
8Equipment required will be valves, filters, casings, furnace tubes, seals, among others.
8Project Event: RFQ for equipment is expected by fourth week of December 2017.
8Expenditure Approval: Q3:2016
8RFQ Date: 26/Dec/2017
8Release Date: Jan/2018
8Start Date: 8/Feb/2018
8Completion Date: 14/Feb/2018
Click here for more information Details
8Project Cost: Rs 4800 crore
8Project Description: The owner along with consultant is carrying out clearance activities for replacement of the old units at Thermal Power Station with a new super-critical 660 MW complex in the existing premises of Thermal Power Station. EC is expected to be granted in next 2 months. Dismantling of old units of 450 MW has already been carried out. Currently the owner is approaching PFC for funding of the project. RFQ for an EPC contractor is expected shortly. Project kick off date is expected by Q4 2018.
8Project Event: RFQ for an EPC contractor is expected to be floated by Q1 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q4:2018
8Completion Date: Q1:2023
Click here for more information
8Project Name: Combined Cycle Power Station Maintenance Project (GT - 2)
8Project Cost: Rs 10 crore
8Project Description: The developer has planned a 7-day scheduled maintenance of GT-2 (130.19 MW) in the 817 MW (4x130.19 MW GT + 2x154.51 MW ST) Gas Based Power Station covering boiler license renewal of 8000 equivalent operating hours, flame tube inspection, inspection of air-fuel ratio and compressor washing.
8Equipment required will be valves, filters, casings, furnace tubes, seals, among others.
8Project Event: RFQ for equipment is expected by fourth week of December 2017.
8Expenditure Approval: Q3:2016
8RFQ Date: 26/Dec/2017
8Release Date: Jan/2018
8Start Date: 8/Feb/2018
8Completion Date: 14/Feb/2018
Click here for more information Details
8Project Name: Greenfield Pipeline Project
8Project Cost: Rs 3400 Crore
8Project Description: An existing company along with EPC contractor is carrying out construction activities of a natural gas pipeline project in Southern part of India with a capacity of 16 MMSCMD and length 1104 KM. The project was firstly completed in March 2013 but the deadline was rescheduled to June 2015 and again to February 2019 due to the ROW acquisition issues in Kerala and Tamilnadu. This project was going to be completed in two stages, with the first 44 KM pipeline phase commissioned whereas the second phase of 1060 KM is presently under construction. Pipeline orders have already been placed.
8Project Event: RFQ for the trenching and pipeline laying work for phase-II is expected by February 2018.
8Expenditure Approval: Q2:2012
8RFQ Date: Fab/2018
8Release Date: Mar/2018
8Start Date: Q2:2012
8Completion Date: Q1:2019
Click here for more details.
8Project Name: Greenfield Diesel Hydrotreating Unit
8Project Cost: Rs 2368 Crore
8Project Description: An existing company along with EPC contractor and licensor Honeywell UOP is carrying out engineering activities to install a new Diesel Hydrotreating Unit (DHT) of 2.3 MMTPA to produce BS-IV grade HSD in existing refinery.
8Project Event: RFQ for commissioning and pre-commissioning work is expected by February 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q1:2017
8Completion Date: Q3:2018
Click here for more details. Details
8Project Cost: Rs 3400 Crore
8Project Description: An existing company along with EPC contractor is carrying out construction activities of a natural gas pipeline project in Southern part of India with a capacity of 16 MMSCMD and length 1104 KM. The project was firstly completed in March 2013 but the deadline was rescheduled to June 2015 and again to February 2019 due to the ROW acquisition issues in Kerala and Tamilnadu. This project was going to be completed in two stages, with the first 44 KM pipeline phase commissioned whereas the second phase of 1060 KM is presently under construction. Pipeline orders have already been placed.
8Project Event: RFQ for the trenching and pipeline laying work for phase-II is expected by February 2018.
8Expenditure Approval: Q2:2012
8RFQ Date: Fab/2018
8Release Date: Mar/2018
8Start Date: Q2:2012
8Completion Date: Q1:2019
Click here for more details.
8Project Name: Greenfield Diesel Hydrotreating Unit
8Project Cost: Rs 2368 Crore
8Project Description: An existing company along with EPC contractor and licensor Honeywell UOP is carrying out engineering activities to install a new Diesel Hydrotreating Unit (DHT) of 2.3 MMTPA to produce BS-IV grade HSD in existing refinery.
8Project Event: RFQ for commissioning and pre-commissioning work is expected by February 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q1:2017
8Completion Date: Q3:2018
Click here for more details. Details
8Japan’s Mitsui has agreed to take a 49% stake in a joint venture with BW Group to jointly own the FSRU being used for Pakistan’s second LNG import project. Click on Report for more.
8Find more data on how the rapid advance of electric vehicle sales in China can bring about a peak oil scenario sooner than expected. Click on Report for more.
8Many energy sector startups are taking roots pushed by government oil companies. Find out more on what is going on. Click on Report for more.
8Bangladesh claims it will no longer face shortage of gas as a total of 1000mmcfd of LNG (liquefied natural gas) will be added to the national grid by October 2018. Click on Report for more.
8Modest VLCC demand continued to hit up against a solid wall of availability and owners had no option but to discount further. Click on Report for more.
8Alpha Geo has won a new ONGC contract. Find our more. Click on Report. Details
8Find more data on how the rapid advance of electric vehicle sales in China can bring about a peak oil scenario sooner than expected. Click on Report for more.
8Many energy sector startups are taking roots pushed by government oil companies. Find out more on what is going on. Click on Report for more.
8Bangladesh claims it will no longer face shortage of gas as a total of 1000mmcfd of LNG (liquefied natural gas) will be added to the national grid by October 2018. Click on Report for more.
8Modest VLCC demand continued to hit up against a solid wall of availability and owners had no option but to discount further. Click on Report for more.
8Alpha Geo has won a new ONGC contract. Find our more. Click on Report. Details
In a prestigious global survey of oil & gas sector professionals, India continued to fare poorly in the investment perception index despite the much hyped reforms package by the Indian government.
8As a possible investment destination, it is 29th among 39 medium reserve countries
8No doubt India's core has moved up a few 7 points in 2017 over 2016 but it is still lower than how it was perceived in 2017.
8Globally, India figured way below China and just a notch above militancy torn Myanmar
8The survey takes into account a host of factors including the cost of regulatory compliance in terms of regulatory enforcement, environmental regulations, labor regulations and employment agreements, regulatory duplication and inconsistencies and the legal system.
8There is a commercial environment index that looks at fiscal terms, taxation in general, trade barriers, quality of infrastructure and labor availability and skills
8A lot of those surveyed found Indian rules and regulations restrictive and more people do not want to look at India as an investment destination than China and a whole lot of other countries.
8India ranks low when marked under these indices.
Comment: OLAP now allows all kinds of players, big and small, to enter India's E&P business. This is a time for India to strongly showcase its potential as an investment destination. A global survey of oil & gas professionals is difficult to impress unlike a single monitoring authority such as Moody's. Indian policy makers must be less self centered, because for the global oil & gas player, India is not the best destination given that its basins are not as prospective as other destinations around the world. But there can be opportunities available here equal to if not better than many countries higher up in the index. The Indian government must take up an aggressive public relations campaign among the main investment originating countries around the world to correct the misimpression, if any. Identifying potential candidates and launching a one-on-one contact campaign is what can help. Indian embassies can also play a big role here. The benefits will be enormous if the negative perception can be changed. One-off meetings in the oil & gas capitals of the world are just not enough to dent the impression that India seems to have garnered over the years. Almost all big oil & gas majors have tried their luck in India but all of them, with the exception of BP which is stuck with its $ 8 billion investment, have beaten a hasty retreat. The treatment that they were meted out was quite unsavory. A lot more needs to be done than what has been till now to get global opinion to work for India. Click on Report for more. Details
8As a possible investment destination, it is 29th among 39 medium reserve countries
8No doubt India's core has moved up a few 7 points in 2017 over 2016 but it is still lower than how it was perceived in 2017.
8Globally, India figured way below China and just a notch above militancy torn Myanmar
8The survey takes into account a host of factors including the cost of regulatory compliance in terms of regulatory enforcement, environmental regulations, labor regulations and employment agreements, regulatory duplication and inconsistencies and the legal system.
8There is a commercial environment index that looks at fiscal terms, taxation in general, trade barriers, quality of infrastructure and labor availability and skills
8A lot of those surveyed found Indian rules and regulations restrictive and more people do not want to look at India as an investment destination than China and a whole lot of other countries.
8India ranks low when marked under these indices.
Comment: OLAP now allows all kinds of players, big and small, to enter India's E&P business. This is a time for India to strongly showcase its potential as an investment destination. A global survey of oil & gas professionals is difficult to impress unlike a single monitoring authority such as Moody's. Indian policy makers must be less self centered, because for the global oil & gas player, India is not the best destination given that its basins are not as prospective as other destinations around the world. But there can be opportunities available here equal to if not better than many countries higher up in the index. The Indian government must take up an aggressive public relations campaign among the main investment originating countries around the world to correct the misimpression, if any. Identifying potential candidates and launching a one-on-one contact campaign is what can help. Indian embassies can also play a big role here. The benefits will be enormous if the negative perception can be changed. One-off meetings in the oil & gas capitals of the world are just not enough to dent the impression that India seems to have garnered over the years. Almost all big oil & gas majors have tried their luck in India but all of them, with the exception of BP which is stuck with its $ 8 billion investment, have beaten a hasty retreat. The treatment that they were meted out was quite unsavory. A lot more needs to be done than what has been till now to get global opinion to work for India. Click on Report for more. Details
What the projections for the oil & gas industry going ahead?
8RIL's GRM is expected to stay around $11/bbl for the next two years
8Core GRMs of public sector oil marketing companies are set to improve
8No subsidy burden is expected unless oil prices move to $ 65 and above
8GAIL's story is a little more complicated. Pipeline tariffs are set to rise and petrochemicals are expected to become profitable on the back of lower gas prices but uncertainty remains over its 5.8 million tonnes of LNG offtake commitment from US terminals
8Petronet LNG's dominant position is expected to continue with little challenge from other competitors
Click on Reports for more Details
8RIL's GRM is expected to stay around $11/bbl for the next two years
8Core GRMs of public sector oil marketing companies are set to improve
8No subsidy burden is expected unless oil prices move to $ 65 and above
8GAIL's story is a little more complicated. Pipeline tariffs are set to rise and petrochemicals are expected to become profitable on the back of lower gas prices but uncertainty remains over its 5.8 million tonnes of LNG offtake commitment from US terminals
8Petronet LNG's dominant position is expected to continue with little challenge from other competitors
Click on Reports for more Details
Among major E&P companies in India, the following developments are of importance:
ONGC
8Vashistha to commence production of 4.5mmscmd from 4QFY18 – will command HPHTpricing.
8The company has readied a capex of INR75.6b on GSPC’s DD block at INR19b in 1HFY18.
8The B127 development is on schedule.
8Tenders for Ratna/R-series have been invited; will be awarded soon.
8KG-DWN-98/2 – no issues in DOC; tenders would be awarded by April 2018. Expect minor delay -- gas from November 2019, oil from April 2020
RIL-BP
8Gas production at KG D6 has declined to 5.4 mmscmd.
8Award of long lead items for development of R-series is being carried out. Production of 12mmscmd is expected to commence in mid-2020.
8FDPs of MJ and satellite fields are expected to be filed in 2 HFY18.
Click on Reports for more Details
ONGC
8Vashistha to commence production of 4.5mmscmd from 4QFY18 – will command HPHTpricing.
8The company has readied a capex of INR75.6b on GSPC’s DD block at INR19b in 1HFY18.
8The B127 development is on schedule.
8Tenders for Ratna/R-series have been invited; will be awarded soon.
8KG-DWN-98/2 – no issues in DOC; tenders would be awarded by April 2018. Expect minor delay -- gas from November 2019, oil from April 2020
RIL-BP
8Gas production at KG D6 has declined to 5.4 mmscmd.
8Award of long lead items for development of R-series is being carried out. Production of 12mmscmd is expected to commence in mid-2020.
8FDPs of MJ and satellite fields are expected to be filed in 2 HFY18.
Click on Reports for more Details
US LNG cargoes are not price competitive yet in the Asian markets, where bulk of the demand is likely to emanate. Unless US producers change their core pricing policies
8The LNG glut will continue till around 2023-24
8The long term contract model seems to be in decay as deep pocketed portfolio players are players take both the price and the volume risks and sell the LNG to the final consumer in a variety of long-term, short-term or spot contracts to optimise the matching of supply and demand.
8So buyers don’t need to take volume risks.
Click on Reports for more Details
8The LNG glut will continue till around 2023-24
8The long term contract model seems to be in decay as deep pocketed portfolio players are players take both the price and the volume risks and sell the LNG to the final consumer in a variety of long-term, short-term or spot contracts to optimise the matching of supply and demand.
8So buyers don’t need to take volume risks.
Click on Reports for more Details
Chinese wholesale LNG prices hit a record high
8Even so, China’s natural gas consumption in the first nine months of 2017 increased by 17% from a year earlier. In line with the demand expansion, domestic gas production grew by 11% and imports posted an even steeper expansion of 21%. Particularly, LNG imports increased by 35% to 33.3 billion cubic meters, surpassing 31.5 Bcm in pipeline gas imports.
8China may sharply expand gas demand by switching from coal to gas, promoting a gas market reform and developing relevant infrastructure including pipelines and LNG terminals. Depending on shale and other domestic gas resources development, China’s gas demand could expand even more than expected.
8The Chinese report forecasts that China’s LNG imports would expand rapidly from 27 Bcm in 2015 to 60 Bcm in 2020 before growing more slowly to 70 Bcm in 2030 due to assumed domestic shale gas development and increasing pipeline gas imports.
8But all analysts agree that it is very difficult to predict the future demand for gas in China as of the moment.
Click on Reports for more Details
8Even so, China’s natural gas consumption in the first nine months of 2017 increased by 17% from a year earlier. In line with the demand expansion, domestic gas production grew by 11% and imports posted an even steeper expansion of 21%. Particularly, LNG imports increased by 35% to 33.3 billion cubic meters, surpassing 31.5 Bcm in pipeline gas imports.
8China may sharply expand gas demand by switching from coal to gas, promoting a gas market reform and developing relevant infrastructure including pipelines and LNG terminals. Depending on shale and other domestic gas resources development, China’s gas demand could expand even more than expected.
8The Chinese report forecasts that China’s LNG imports would expand rapidly from 27 Bcm in 2015 to 60 Bcm in 2020 before growing more slowly to 70 Bcm in 2030 due to assumed domestic shale gas development and increasing pipeline gas imports.
8But all analysts agree that it is very difficult to predict the future demand for gas in China as of the moment.
Click on Reports for more Details
Ammonia-Urea
Energy Saving Project
8Cost - Rs 481 Crore
8Project Description: A Fertilizer Company is planning to reduce the energy consumption of its Ammonia and Urea units from 8.73 Gcal/MT to 8.40 Gcal/MT and 6.75 Gcal/MT to 6.45 Gcal/MT respectively in India. The capacity of the ammonia plant is 1045 MTPD and the urea capacity is 1000 MTPD. The equipment requirements are 2 nos of GTG with a capacity 25 MW (ISO Rating), 2 nos of HRSG with a capacity 65 TPH, Replacement of turbine for the Benfield Solution Pump in Ammonia with new motor, De-aerator (2 nos.) with HP BFW Pump motor set 2 x (1+1), One PRDS system for 12 ata to 4.5 ata in the Ammonia plant, Modification in Power Distribution System. Enviroment clearance is awaited and it will take about three months
8Project Event: The selection process for the LSTK contractor is on and techno-commercial discussion is completed and price bid is likely to be open in February 2018. No environmental clearance is needed in this case before price bid will be opened.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 347 Crore
8Project Description: A Fertilizer company is planning to reduce the energy consumption of Ammonia and Urea units from 8.20 Gcal/MT to 7.70 Gcal/MT and 5.79 Gcal/MT to 5.33 Gcal/MT respectively in India. The capacity of the ammonia plant is 3500 MTPD and the urea capacity is 6060 MTPD. There is also as 30 MW of Captive Power Plant in the complex. The equipment requirements are Process Air Compressor (PAC), Gas Turbine, Heat Recovery Steam Generation, Pumps, Pipes, among others. Environment clearance has not been received.
8Project Event: EOI has already been released for an LSTK contractor in November 2017, Bid submission date is extended from 29 November to 14 Dec 2017 due to lack of bidders.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 300 Crore
8Project Description: Thermax, Mitsubishi Hitachi Power Systems India Private Limited, Tata Power and BHEL are in the race for an energy saving project of National Fertilizer Ltd at its Fertilizer Complex in India. The project consultant is PDIL. There is a requirement for Compressor, Gas Turbine, Air Intake System, Filters, Centrifugal Fans, Pumps, HRSG and its Auxiliaries, Heat Exchanger Shell and Tube, Pressure Vessel, Dosing Pump, Motorised Agitator, Generator, Excitation System, Relay Panels, Generator Control Panels, 11KV Switch Gear, 3.3 KV Switch Gear, DC System, Battery Charger, 11KV/ 11.5KV Generator Transformer,11KV /3.3KV Transformer, 11KV /415V Transformer, Low Voltage Switch Gear, HV Motors, Control Panels, Neutral Earthing Resistor, Light fitting of each Type & Rating, Fire Detecting System, LV Motors, PA Systems, Capacitor bank, LCS, Annunciator panel, Load Management System, EOT Crane, Instrument Items and more. Environment clearance is not an issue here
8Project Event: The tender has already been released for an LSTK contractor in March 2017 and price bid is likely to be open in the end of December 2017. finalization is due in January 2018.
Click here for more information Details
8Cost - Rs 481 Crore
8Project Description: A Fertilizer Company is planning to reduce the energy consumption of its Ammonia and Urea units from 8.73 Gcal/MT to 8.40 Gcal/MT and 6.75 Gcal/MT to 6.45 Gcal/MT respectively in India. The capacity of the ammonia plant is 1045 MTPD and the urea capacity is 1000 MTPD. The equipment requirements are 2 nos of GTG with a capacity 25 MW (ISO Rating), 2 nos of HRSG with a capacity 65 TPH, Replacement of turbine for the Benfield Solution Pump in Ammonia with new motor, De-aerator (2 nos.) with HP BFW Pump motor set 2 x (1+1), One PRDS system for 12 ata to 4.5 ata in the Ammonia plant, Modification in Power Distribution System. Enviroment clearance is awaited and it will take about three months
8Project Event: The selection process for the LSTK contractor is on and techno-commercial discussion is completed and price bid is likely to be open in February 2018. No environmental clearance is needed in this case before price bid will be opened.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 347 Crore
8Project Description: A Fertilizer company is planning to reduce the energy consumption of Ammonia and Urea units from 8.20 Gcal/MT to 7.70 Gcal/MT and 5.79 Gcal/MT to 5.33 Gcal/MT respectively in India. The capacity of the ammonia plant is 3500 MTPD and the urea capacity is 6060 MTPD. There is also as 30 MW of Captive Power Plant in the complex. The equipment requirements are Process Air Compressor (PAC), Gas Turbine, Heat Recovery Steam Generation, Pumps, Pipes, among others. Environment clearance has not been received.
8Project Event: EOI has already been released for an LSTK contractor in November 2017, Bid submission date is extended from 29 November to 14 Dec 2017 due to lack of bidders.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 300 Crore
8Project Description: Thermax, Mitsubishi Hitachi Power Systems India Private Limited, Tata Power and BHEL are in the race for an energy saving project of National Fertilizer Ltd at its Fertilizer Complex in India. The project consultant is PDIL. There is a requirement for Compressor, Gas Turbine, Air Intake System, Filters, Centrifugal Fans, Pumps, HRSG and its Auxiliaries, Heat Exchanger Shell and Tube, Pressure Vessel, Dosing Pump, Motorised Agitator, Generator, Excitation System, Relay Panels, Generator Control Panels, 11KV Switch Gear, 3.3 KV Switch Gear, DC System, Battery Charger, 11KV/ 11.5KV Generator Transformer,11KV /3.3KV Transformer, 11KV /415V Transformer, Low Voltage Switch Gear, HV Motors, Control Panels, Neutral Earthing Resistor, Light fitting of each Type & Rating, Fire Detecting System, LV Motors, PA Systems, Capacitor bank, LCS, Annunciator panel, Load Management System, EOT Crane, Instrument Items and more. Environment clearance is not an issue here
8Project Event: The tender has already been released for an LSTK contractor in March 2017 and price bid is likely to be open in the end of December 2017. finalization is due in January 2018.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Supply of Rotary Positive Displacement Meter Details
8ARC for carrying out various Mechanical Maintenance Jobs of HRSG Boilers Details
8Hiring of Consultancy Services of Risk Assessment of KG Basin Pipeline Details
8Carrying out HDD and associated works for Dhamra-Augul Pipeline under Jagdishpur-Haldia Bokaro-Dhamra Pipeline Project Details
8Procurement of ultrasonic thickness gauge for thickness measurement of mainline pipes Details
8Invitation for Expression of Interest for supply of Drilling Bits for Development Wells of Nagayalanka Details
8Civil works at drill site LKGR_H in Lakwa area Details
8Supply of Catalytic Reforming Unit Catalyst Details
8Carrying out Mechanical Piping and other Miscellaneous jobs for Process Scheme jobs at refinery Details
8Implementation of Inspection Recommendation for Replacement of Corroded and Severely Pitted Pipes of Pressure Filter Area at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Malaysia's Petronas forecasts oil prices around $50-$60 per barrel Details
8Indian oil refiners issue tanker tenders aimed at boosting domestic shipping Details
8Ex-ONGC chief Dinesh K Sarraf appointed oil & gas regulator Details
8Total to supply LNG fuel for CMA CGM's future container ships Details
8Oil Prices to remain in $40-$60 range through 2018: Moody’s Details
8ONGC, India's most profitable public sector enterprise, becomes target for privatisation Details
8Indian Oil to take Rs 4,200 crore hit under GST regime Details
8ONGC partners in 6 pre-NELP blocks may have to share cess, royalty load Details
8To revive projects, gas-based power companies seek subsidised natural gas imports Details
8Private equity firm Blue Water Energy raises $1.1 bln for oil investment Details
You can also click on Newsclips for more Details
8Supply of Rotary Positive Displacement Meter Details
8ARC for carrying out various Mechanical Maintenance Jobs of HRSG Boilers Details
8Hiring of Consultancy Services of Risk Assessment of KG Basin Pipeline Details
8Carrying out HDD and associated works for Dhamra-Augul Pipeline under Jagdishpur-Haldia Bokaro-Dhamra Pipeline Project Details
8Procurement of ultrasonic thickness gauge for thickness measurement of mainline pipes Details
8Invitation for Expression of Interest for supply of Drilling Bits for Development Wells of Nagayalanka Details
8Civil works at drill site LKGR_H in Lakwa area Details
8Supply of Catalytic Reforming Unit Catalyst Details
8Carrying out Mechanical Piping and other Miscellaneous jobs for Process Scheme jobs at refinery Details
8Implementation of Inspection Recommendation for Replacement of Corroded and Severely Pitted Pipes of Pressure Filter Area at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Malaysia's Petronas forecasts oil prices around $50-$60 per barrel Details
8Indian oil refiners issue tanker tenders aimed at boosting domestic shipping Details
8Ex-ONGC chief Dinesh K Sarraf appointed oil & gas regulator Details
8Total to supply LNG fuel for CMA CGM's future container ships Details
8Oil Prices to remain in $40-$60 range through 2018: Moody’s Details
8ONGC, India's most profitable public sector enterprise, becomes target for privatisation Details
8Indian Oil to take Rs 4,200 crore hit under GST regime Details
8ONGC partners in 6 pre-NELP blocks may have to share cess, royalty load Details
8To revive projects, gas-based power companies seek subsidised natural gas imports Details
8Private equity firm Blue Water Energy raises $1.1 bln for oil investment Details
You can also click on Newsclips for more Details
8Gas producers are protesting the use of secret comparables in the pricing of LNG.
-- Since the determination of LNG pricing is highly complex, due to international price changes, varying cost of intermediary logistic services etc, secret comparables obtained from corporates are usually far from accurate and hence should not be applied for the determination of arm’s length price of LNG, the industry is claiming.
-- Allowing use of secret comparables for non-commodities leads to a high number of disputes and unwarranted litigation.
-- It is argued that developed countries, such as the US & UK have an official policy of not using secret comparables for any Arm’s Length Principle (ALP) evaluation.
8Then again, it is argued that since LNG falls into the same logical category as crude oil, it must have the same level of taxation as applied to crude il. The benefits of using LNG are far-reaching vis-a-vis the revenue loss to the exchequer.
-- International LNG prices are at least 20-25% lower than the crude oil (or petroleum fuels) on heat equivalent basis and thus go to reduce the cost of energy to end-consumer in addition to the forex saving, the argument goes.
-- Since customs duty on crude oil has already been made zero, import of LNG presently attracting 5% customs duty should also be exempt. Through Finance Act 2012, the government has exempted levy of Customs duty on import of LNG for power sector. However, this exemption should be extended to other sectors also.
Click on Reports for more Details
-- Since the determination of LNG pricing is highly complex, due to international price changes, varying cost of intermediary logistic services etc, secret comparables obtained from corporates are usually far from accurate and hence should not be applied for the determination of arm’s length price of LNG, the industry is claiming.
-- Allowing use of secret comparables for non-commodities leads to a high number of disputes and unwarranted litigation.
-- It is argued that developed countries, such as the US & UK have an official policy of not using secret comparables for any Arm’s Length Principle (ALP) evaluation.
8Then again, it is argued that since LNG falls into the same logical category as crude oil, it must have the same level of taxation as applied to crude il. The benefits of using LNG are far-reaching vis-a-vis the revenue loss to the exchequer.
-- International LNG prices are at least 20-25% lower than the crude oil (or petroleum fuels) on heat equivalent basis and thus go to reduce the cost of energy to end-consumer in addition to the forex saving, the argument goes.
-- Since customs duty on crude oil has already been made zero, import of LNG presently attracting 5% customs duty should also be exempt. Through Finance Act 2012, the government has exempted levy of Customs duty on import of LNG for power sector. However, this exemption should be extended to other sectors also.
Click on Reports for more Details
8Project Name: Combined Cycle Power Station Maintenance Project (GT - 2)
8Project Cost: Rs 16 crore
8Project Description: The owner has planned a 28-day scheduled maintenance of Unit-2 Gas Turbine (250 MW) in the 1500 MW ( 4*250 MW GT + 2*250 MW ST) combined gas based power station covering major inspection and overhauling (type C) of equipment which includes overhauling of auxiliary parts of the gas turbine set and generator set. Equipment required will be air filters, nozzle, water and oil piping, buckets, shrouds, support rings, combustion liners, thrust bearings, casings, seals, generator protection relay, inspect the fuel system and lubrication of generator, among others.
8Project Event: RFQ for equipment is expected in third week of December 2017.
8Expenditure Approval: Q3:2016
8RFQ Date: 20/Dec/2017
8Release Date: Jan/2018
8Start Date: 1/Feb/2018
8Completion Date: 28/Feb/2018
Click here for more information
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: Rs 300 crore
8Project Description: The proponent is scheduled to install FGDs for Units 1 and 2 at it's 600 MW (2*300 MW) thermal power plant. At present, feasibility studies and phasing plans are underway. The project is expected to kick off in late 2021. RFQs for supply of FGDs are expected to be out by the Q3 2018. Interested parties are advised to go through the vendor registration process with the owner.
8The major requirement will be FGDs, stacker and reclaimer, earth work, cranes, pipes, installation, gypsum disposal, wet lime among others.
8Project Event: RFQs for supply of FGDs are expected in Q3 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q4:2021
8Completion Date: Q1:2023
Click here for more information
8Project Name: 500 MW Solar PV Grid Project
8Project Cost: Rs 3000 crore
8Project Description: The proponent is planning to construct a 500 MW solar PV grid connected plant. The project is still under planning and site surveys are going on for scoping of the project. The project is under consideration of the Madhya Pradesh Government and after appraisal, bids for solar tariff rates is likely to be elicit.
8Project Event: RFQ for a power purchase auction is expected in Sep 2019.
8Expenditure Approval: Q3:2018
8RFQ Date: Sep/2019
8Release Date: Q4:2019
8Start Date: Q3:2020
8Completion Date: Q4:2021
Click here for more information Details
8Project Cost: Rs 16 crore
8Project Description: The owner has planned a 28-day scheduled maintenance of Unit-2 Gas Turbine (250 MW) in the 1500 MW ( 4*250 MW GT + 2*250 MW ST) combined gas based power station covering major inspection and overhauling (type C) of equipment which includes overhauling of auxiliary parts of the gas turbine set and generator set. Equipment required will be air filters, nozzle, water and oil piping, buckets, shrouds, support rings, combustion liners, thrust bearings, casings, seals, generator protection relay, inspect the fuel system and lubrication of generator, among others.
8Project Event: RFQ for equipment is expected in third week of December 2017.
8Expenditure Approval: Q3:2016
8RFQ Date: 20/Dec/2017
8Release Date: Jan/2018
8Start Date: 1/Feb/2018
8Completion Date: 28/Feb/2018
Click here for more information
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: Rs 300 crore
8Project Description: The proponent is scheduled to install FGDs for Units 1 and 2 at it's 600 MW (2*300 MW) thermal power plant. At present, feasibility studies and phasing plans are underway. The project is expected to kick off in late 2021. RFQs for supply of FGDs are expected to be out by the Q3 2018. Interested parties are advised to go through the vendor registration process with the owner.
8The major requirement will be FGDs, stacker and reclaimer, earth work, cranes, pipes, installation, gypsum disposal, wet lime among others.
8Project Event: RFQs for supply of FGDs are expected in Q3 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q4:2021
8Completion Date: Q1:2023
Click here for more information
8Project Name: 500 MW Solar PV Grid Project
8Project Cost: Rs 3000 crore
8Project Description: The proponent is planning to construct a 500 MW solar PV grid connected plant. The project is still under planning and site surveys are going on for scoping of the project. The project is under consideration of the Madhya Pradesh Government and after appraisal, bids for solar tariff rates is likely to be elicit.
8Project Event: RFQ for a power purchase auction is expected in Sep 2019.
8Expenditure Approval: Q3:2018
8RFQ Date: Sep/2019
8Release Date: Q4:2019
8Start Date: Q3:2020
8Completion Date: Q4:2021
Click here for more information Details
8Find out more on when MCX's next set of futures gas trading contracts end. Click on Report for more.
8Crude oil prices edged higher after the OPEC announced it would prolong cuts in oil output by nine months through 2018 on Thursday. Reports that both Nigeria and Libya decided to limit production added to a positive outcome of the meeting. But the technical view is that prices can go either way. Click on Report for more.
8A pre-budget memorandum has suggested a cluster approach be followed for chemical units as is being done currently for the plastic industry. Click on Report for more.
8With the advent of the electric car, the global demand pattern for the oil industry is going to change dramatically but there will still be key segments which will continue to to see soaring demand. Find out more. Click on Report.
8The growth of the gas industry is being increasingly questioned though demand projection continues to be robust. The only way the industry will grow going ahead is if it can avoid price spikes and it allays concerns over methane emissions. Click on Report for more.
8Find out more on how compressed load factors, low wholesale prices and market design uncertainty disrupted the investment model of gas plants. Click on Report for more.
8Upstream costs continued to decline in 2017 and find out how upstream oil and gas projects are getting smaller and faster. Click on Report for more.
8Full data on GDP estimates for Q2, 2017-18. Click on Report for more.
8Tata Power claims that rather than pushing one source of energy over the other, it is important to look at a world where there are multiple sources of energy. Click on Report for more.
8The website carries here the complete 100-page set of oil & gas data on the month of November, 2017. Click on Report for more. Details
8Crude oil prices edged higher after the OPEC announced it would prolong cuts in oil output by nine months through 2018 on Thursday. Reports that both Nigeria and Libya decided to limit production added to a positive outcome of the meeting. But the technical view is that prices can go either way. Click on Report for more.
8A pre-budget memorandum has suggested a cluster approach be followed for chemical units as is being done currently for the plastic industry. Click on Report for more.
8With the advent of the electric car, the global demand pattern for the oil industry is going to change dramatically but there will still be key segments which will continue to to see soaring demand. Find out more. Click on Report.
8The growth of the gas industry is being increasingly questioned though demand projection continues to be robust. The only way the industry will grow going ahead is if it can avoid price spikes and it allays concerns over methane emissions. Click on Report for more.
8Find out more on how compressed load factors, low wholesale prices and market design uncertainty disrupted the investment model of gas plants. Click on Report for more.
8Upstream costs continued to decline in 2017 and find out how upstream oil and gas projects are getting smaller and faster. Click on Report for more.
8Full data on GDP estimates for Q2, 2017-18. Click on Report for more.
8Tata Power claims that rather than pushing one source of energy over the other, it is important to look at a world where there are multiple sources of energy. Click on Report for more.
8The website carries here the complete 100-page set of oil & gas data on the month of November, 2017. Click on Report for more. Details
The BJP government sold out on rankings from international agencies must applaud the latest ranking that India has acquired in the Global Clean Energy Competitiveness Index
8India stands 5th in the world.
The ranking has been done by taking into account:
8Enabling framework
8Financing & investment
8Value chains
8Greenhouse gas management
Click on Reports for more Details
8India stands 5th in the world.
The ranking has been done by taking into account:
8Enabling framework
8Financing & investment
8Value chains
8Greenhouse gas management
Click on Reports for more Details
New analysis suggests the following outcomes out of the fast proliferation of EVs:
8A 100 per cent15 EV nation is estimated to contribute 12 per cent of the INDC emission intensity reduction targets (33-35 per cent)
8Oil imports saved due to 100 per cent 2030 is USD60-70 billion annually
8Due to 100 per cent incremental EV adoption by 2030, the Indian economy is expected to save Rs 5-6 lakh crores.
8These savings are net of power costs incurred less the oil purchase costs.
Click on Reports for more Details
8A 100 per cent15 EV nation is estimated to contribute 12 per cent of the INDC emission intensity reduction targets (33-35 per cent)
8Oil imports saved due to 100 per cent 2030 is USD60-70 billion annually
8Due to 100 per cent incremental EV adoption by 2030, the Indian economy is expected to save Rs 5-6 lakh crores.
8These savings are net of power costs incurred less the oil purchase costs.
Click on Reports for more Details
The advent of electric vehicles (EVs) in India has been a subject of much interest to the oil & gas industry.
Fresh research now shows that EVs will reach breakeven points, when they are equal to or cheaper than conventional vehicles, in the following timelines in India:
8Commercial cars: 2020
8Two wheelers: 2021
8Buses: 2022
8Passenger cars: 2023
8The inflection points have been advanced from earlier estimates because of rapidly falling battery cost.
8Disruptive technologies follow S-curves and once a technology wins, it could lead to the demise of incumbent technologies very quickly.
8What is more, time taken for disruptive technology to reach 80% penetration is shrinking very rapidly.
Are new refinery capacity builders taking these parameters into account in their estimates?
Click on Reports for more Details
Fresh research now shows that EVs will reach breakeven points, when they are equal to or cheaper than conventional vehicles, in the following timelines in India:
8Commercial cars: 2020
8Two wheelers: 2021
8Buses: 2022
8Passenger cars: 2023
8The inflection points have been advanced from earlier estimates because of rapidly falling battery cost.
8Disruptive technologies follow S-curves and once a technology wins, it could lead to the demise of incumbent technologies very quickly.
8What is more, time taken for disruptive technology to reach 80% penetration is shrinking very rapidly.
Are new refinery capacity builders taking these parameters into account in their estimates?
Click on Reports for more Details
The days of pre-budget memorandums are upon us.
The following recommendations are being forwarded
8To avoid uncertainty, the government should clarify that for the eligibility to avail tax holiday under Section 80-IB of the Act, the definition of ‘mineral oil’ would include natural gas retrospectively irrespective of NELP round and that the benefit should also be available to Coal Bed Methane (”CBM”).
8The scope of an "undertaking" for the purposes of a tax holiday should be redefined for the E&P industry
8The sunset clause under Section 80-IB(9) should also be redefined
8Definition of ‘Infrastructure Facility’ should include exploration and refining activities
8Introduction of Safe Harbour Rules for LNG imports
8Extension of Deduction under Section 35AD be extended to City Gas Distribution entities
8Extension of Section 42 also be expanded to investment in Foreign E&P blocks
8Exemption from MAT be given
8Remove ceiling on profits for Site Restoration Fund (SRF) contribution
8Allow setting off of losses of Specified Business from profits of other businesses
8100% deduction of revenue expenditure should be allowed in the year of incurrence of the expenditure for mineral exploration and production
8No requirement to pay any customs duty for LPG used for non-domestic purposes be done away with as long as there is sufficient indigenous product available at the given time for such use on which appropriate excise duty is paid.
8Zero customs duty for new refineries/refinery expansions and other imports
8CENVAT Credit be allowed on OIDB Cess on Crude
8Exemption from customs duty for supply of goods under International Competitive Bidding contracts under certain conditions
8Exemption of service tax on “Royalty” and “Profit Petroleum” for E&P companies
Click on Reports for more Details
The following recommendations are being forwarded
8To avoid uncertainty, the government should clarify that for the eligibility to avail tax holiday under Section 80-IB of the Act, the definition of ‘mineral oil’ would include natural gas retrospectively irrespective of NELP round and that the benefit should also be available to Coal Bed Methane (”CBM”).
8The scope of an "undertaking" for the purposes of a tax holiday should be redefined for the E&P industry
8The sunset clause under Section 80-IB(9) should also be redefined
8Definition of ‘Infrastructure Facility’ should include exploration and refining activities
8Introduction of Safe Harbour Rules for LNG imports
8Extension of Deduction under Section 35AD be extended to City Gas Distribution entities
8Extension of Section 42 also be expanded to investment in Foreign E&P blocks
8Exemption from MAT be given
8Remove ceiling on profits for Site Restoration Fund (SRF) contribution
8Allow setting off of losses of Specified Business from profits of other businesses
8100% deduction of revenue expenditure should be allowed in the year of incurrence of the expenditure for mineral exploration and production
8No requirement to pay any customs duty for LPG used for non-domestic purposes be done away with as long as there is sufficient indigenous product available at the given time for such use on which appropriate excise duty is paid.
8Zero customs duty for new refineries/refinery expansions and other imports
8CENVAT Credit be allowed on OIDB Cess on Crude
8Exemption from customs duty for supply of goods under International Competitive Bidding contracts under certain conditions
8Exemption of service tax on “Royalty” and “Profit Petroleum” for E&P companies
Click on Reports for more Details
For the first time, an inventory has been built of all energy subsidies in India, apart from subsidies to nuclear power and large hydropower, which were excluded due to the lack of data. 8The reviewed subsidies are grouped according to the energy type they benefit: a) coal; b) oil and gas; c) renewable energy.
8The inventory covers three financial years: FY2014, FY2015 and FY2016
8The subsidies are defined as those given by way of budgetary transfers (this category does not include government loans and government loan guarantees), revenue foregone (tax breaks), provision of government-owned goods and services below market value (for example, the use of rail and other government infrastructure at below-market rates or preferential access to land and market) and price support (such as regulated fuel prices).
8The need for greater transparency is stressed and the need to analyse the data in a way that allows for better targetting and streamlining by the government
8Some of the findings are indeed starling
Click on Reports for more Details
8The inventory covers three financial years: FY2014, FY2015 and FY2016
8The subsidies are defined as those given by way of budgetary transfers (this category does not include government loans and government loan guarantees), revenue foregone (tax breaks), provision of government-owned goods and services below market value (for example, the use of rail and other government infrastructure at below-market rates or preferential access to land and market) and price support (such as regulated fuel prices).
8The need for greater transparency is stressed and the need to analyse the data in a way that allows for better targetting and streamlining by the government
8Some of the findings are indeed starling
Click on Reports for more Details
8On conservative basis, ONGC’s gas output is set to increase to 88 mmscmd by FY21 from 64 mmscmd in FY17, as several large projects come to fruition. The KG 98/2 project (starting Oct 2019) will contribute 11 mmscmd with the balance coming from Western offshore-Daman/C-26, Vashistha, WO-16 & B-127 and onshore assets. Get a year-wise projection of how gas and oil volumes will move for ONGC
8Meanwhile, OPAL (1.1MMT ethylene capacity) will be highly profitable given secured feedstock supply — naphtha from ONGC’s own Hazira/Uran plants and C2/C3/C4 from rich fraction of Dahej LNG. Find out more on where the company is headed
Click on Reports for more Details
8Meanwhile, OPAL (1.1MMT ethylene capacity) will be highly profitable given secured feedstock supply — naphtha from ONGC’s own Hazira/Uran plants and C2/C3/C4 from rich fraction of Dahej LNG. Find out more on where the company is headed
Click on Reports for more Details
A 200 MW offshore wind energy project is coming up in India
8An offshore vessel has been hired to do the geophysical studies
8A metaocean study has been completed
8RFQs for equipment and services are expected by mid-2018
Comment:It is important for the Indian oil & gas majors to keep a close watch on the economics of offshore wind. It is already scaling up worldwide on a subsidy free basis. In the face of falling turbine and installation costs, offshore wind is expected to be viable sooner than later in India. This is one area where big investments are needed and oil majors can de-risk their high carbon portfolios by investment in big clean energy projects such as the ones which will be available offshore. Click on Report for more. Details
8An offshore vessel has been hired to do the geophysical studies
8A metaocean study has been completed
8RFQs for equipment and services are expected by mid-2018
Comment:It is important for the Indian oil & gas majors to keep a close watch on the economics of offshore wind. It is already scaling up worldwide on a subsidy free basis. In the face of falling turbine and installation costs, offshore wind is expected to be viable sooner than later in India. This is one area where big investments are needed and oil majors can de-risk their high carbon portfolios by investment in big clean energy projects such as the ones which will be available offshore. Click on Report for more. Details
