indianfertilizer.com Contact Us Careers About Us
All content in this website is sourced legitimately Last updated at: 08:56 AM, Monday, May 02, 2016 Subscription Log In
Advanced Search  Search
Download Reports, Tenders and Newsclips.  Matix Fertilizers: No clarity on when project will go on stream yet.  PAC wants dispute between RIL and government to end-II: Reasons why the dispute must end.  PAC wants dispute between RIL and government to end-I: A robust dispute settlement mechanism to be set up.   Rs 225 crore NPK plant: Contractor selection to be underway soon.  Import data.  Download Reports, Tenders and Newsclips.  The gas market in India still remains very shallow-I: Where are new marketers looking for demand?.  The gas market in India still remains very shallow-II: Find out why fertilizer units are happier with long term gas from RasGas even if it is expensive.  The gas market in India still remains very shallow-III: Find out more on the price differential between RasGas and spot cargoes today.  The gas market in India still remains very shallow-IV: Can India fill the global demand deficit in the LNG market?.  The gas market in India still remains very shallow-V: Find out why GSPC cancelled 12 LNG cargoes this week.  Download Reports, Tenders and Newsclips.  Download Reports, Tenders and Newsclips.  Rs 10,000 crore investment plan for ammonia-urea fertilizer complex: Environmental clearance application submitted.  GAIL's US LNG cargo lands in India-I: Find out the price.   GAIL's US LNG cargo lands in India-II: Find out the conditions under which US cargoes will be competitive in India.  New ammonia- urea fertilizer complex at Ramagundam: Construction work likely to be started in October, 2016.  2015-16 data: Gas production lower by 4.18% from previous year.  Download Reports, Tenders and Newsclips.  
Download Reports, Tenders and Newsclips
May 02: For reference purposes the website carries here the following tenders:
8Supply of Lignite Powder for Bio fertilizer Production, Namrup [BVFCL]  Details

8Overhauling job of Benfield solution pump drive Turbine in Ammonia-III plant, Namrup [BVFCL]  Details
8Preventive checking and necessary rectification of governing system of Ammonia -III plant, Namrup [BVFCL]  Details
You can also click on Tenders for more

For reference purposes the website carries here the following reports:
8PotashCorp reports 2016 First Quarter Results   Details
8CVR Partners reports 2016 First Quarter Results  Details 
8Full report of company-wise urea sales [April 2016]  Details 

8Aditya Birla Money Limited: An Analysis Details 
8Dharamsi Morarji Chemical Company Limited: An Analysis  Details 
8Concession Rates of Decontrolled Fertilizers [April 2016]  Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips: 
8Crop protection players bank on rains  Details 
8Govt owes over Rs 43,000 cr subsidy to fertiliser industry  Details 
8Organic farming boosts productivity  Details
8Small steps to reform  Details
8Italian company Saipem awarded fertiliser technology contract after change in parameters
  Details 
You can also click on Newsclips for more
Matix Fertilizers: No clarity on when project will go on stream yet
May 02: There is no clarity yet on when Matix Fertilizer and Chemical Ltd (MFCL) is going to start production from its Panagarh ammonia-urea complex in West Bengal.
 
8The plant has been ready for the past several months but Essar has not been abe to supply the requisite amount of CBM gas as yet.
 
8A certain minimum quantum of gas is needed to start the unit.
 
8The ammonia plant has a capacity of 3850 MTPD and it will make 2200 MTPD of urea. The cost of the plant is over Rs 5000 crore.
 
8Sources said that there a compensatory agreement has been worked out between Essar and Matix and this will get reflected in the annual results of Matix
 
8No details are however available.
PAC wants dispute between RIL and government to end-II: Reasons why the dispute must end
May 02: For the Modi regime, the sound and fury of the first two years of governance will have to slowly give way to a more pragmatic and sober view on how to resolve some the key disputes in the oil and gas sector.
 
8When it came to power, the new mindset was that expensive London based arbitration procedures were delaying the government's attempt to garner fines and penalties from the likes of RIL and BP. The law was amended to set time-bound limits for all arbitrations.
 
8But even as the stalemate over the KG Basin block continued, it took the government a few months to figure out what ailed the industry. Soon thereafter, it went about relaxing some of the stricter provisions of the PSC that lead to the KG D-6 dispute in the first place. A new revenue sharing model has now eliminated the need to monitor the cost-plus regime that was the hallmark of the NELP. Relaxation of the PSC allowed for more flexible timelines for E&P work. Exploration activity was allowed in a discovered area.
 
8While these were steps in the right direction, the troubling dispute with RIL over the D-6 block continued to fester. Adding fuel to fire was the finding that RIL's D-6 wells have sucked out a large quantity of gas from the neighboring ONGC block.
 The following are the reasons why the government should be looking at readjusting its position with respect to the RIL-BP combine in the KG Basin:
 
8The geology of KG the Basin is highly complicated and discoveries in deepwater areas are in HPHT and tight oil formats. The best in class technology is required to tap these resources. A collaborative model involving the major players in the Basin -- ONGC, GSPC, RIL-BP and OIL -- is best suited to develop these resources in an environment where the ex-ship (Dahej) price of LNG is likely to hover around $4/mmbtu up to 2030.
 
8ONGC may attract strictures from statutory authorities such as the CAG if it were to ignore savings that could total up to Rs 10,000 crore if it were to use the existing spare infrastructure available with RIL.  If the current ex-ship price of LNG were to prevail, ONGC's Rs 34,000 crore investment in the KG-DWN-98/2 block would elicit a negative return. Sharing of infrastructure would allow for better economics. The claim that legacy disputes -- such as the supposedly illegal tapping of gas by D-6 wells from the KG-DWN-98/2 block -- came in the way of sharing of infrastructure would not be taken as a tenable argument.
 
8Prime Minister Narendra Modi is under attack from the opposition parties for GSPC's debacle in the Deendayal field in the KG Basin. The only way the investment will be viable is through a  shoring up of GSPC's resources using the collaborative model.
 
8Studies by international research organizations project that up to 50% of KG Basin's gas reserves will stay untapped because of low gas prices and global emission reduction programmes. The only way these reserves can be tapped is when the cost economics turn favourable. This is possible through a collaborative model.
 
8The finest tenets of the Make in India programme can be showcased in the the KG Basin using the collaborative model if new rules are framed to usher in an innovative techno-economic paradigm. It can well be a once-in-era opportunity for India to bring about transformative change in the oil and gas industry with global implications. The benefits to the domestic industry can be huge.
 
8The PAC has laid the ground for easing of the government's position on the KG-D-6 dispute, paving the way for a reconciliation. A dispute resolution mechanism has been suggested that will pave the way for a settlement of arbitration cases.
 Click here for more information.
PAC wants dispute between RIL and government to end-I: A robust dispute settlement mechanism to be set up
May 02: RIL and the government are moving towards a settlement of the long standing dispute between the two over the KG D-6 block.
 
8And it is none other than the Public Accounts Committee (PAC) of Parliament which is acting as a catalyst to resolve the dispute.
 
8A settlement will eventually require a withdrawal of the series of arbitration notices filed by RIL and its partners in the block against the government.
 
8The PAC has paved the way for resolution of the dispute by setting aside several rulings of the CAG on which the ministry too seems to be in agreement but was afraid to take a clear position earlier.
 
8It will now become easier for the government to tone down its earlier stridency and pave the way for a settlement.
 
8In some disputes in which the stand is not clear, the PAC has called for a review of the government's position by seeking fresh views from the law ministry.
 
8The PAC's main argument is that some of the original provisions of the PSC on which a majority of the disputes have arisen have been subsequently relaxed by the government through the announcement of a new revenue sharing model and by allowing exploration activity during the development phase of a block.
 
8The PAC claims that a time has come to put in place a strong dispute resolution mechanism to address the concerns of both parties.
 
8Moving a step forward, the PAC has said that the government should keep it appraised of its next course of action on addressing the concerns of both parties.
  Click here for more information.
 Rs 225 crore NPK plant: Contractor selection to be underway soon
Apr 29: An existing company is planning to embark on a Rs 225 crore debotttlenecking and modification exercise to push its LP and NPK capacity from the existing 3000 MTPD to 3900 MTPD.
 The exercise involves:
 
8Enhancing phosphoric acid plant production capacity from 700 to 1000 MTPD P2O5 involving the evaporation section and flourine recovery unit
 
8De-bottlenecking the existing sulphuric acid plant from 1400 MTPD to 1700 MTPD
 
8De-bottlenecking the sulphuric acid plant from 300 MTPD to 400 MTPD
 
8Installation of a 40 MTPH coal fired boiler to meet additional steam requirement
 
8Installation of  a 5 MW back pressure turbine to maximize the efficiency of steam utilization
 
8Installation of a fresh P2O5 storage facility
 
8Installation of a 400 MTPD evaporation system for phosphoric acid including a florine recovery system.
Following are the highlights:
8Prefeasibility report is completed
8Contractor selection is to be soon underway
  Details
Import data
Apr 29: For reference purposes, the website carries here the details of fertilizer imports for the last three years.
Import data is given for:
 8Urea
 8DAP
 8MOP
 8NPK
 Click on Reports for more
Download Reports, Tenders and Newsclips
Apr 29: For reference purposes the website carries here the following tenders:
8Fabrication and Erection of Piping and Structural jobs in MFL, TTP and TAP during 2016-2017 [MFL]  Details
8Invitation of bids for purchase of Prilled Urea [MFL]  Details
You can also click on Tenders for more

For reference purposes the website carries here the following reports:
8Statement of audited results for the year ended 31st March, 2016 [Coromandel International Limited]   Details
8
Annual Report of Sirius Minerals [2015]   Details
8Agrometeorological Advisory Bulletin [Madhya Pradesh]  Details 
8Agrometeorological Advisory Bulletin [Telangana]  Details 

8Agricultural Input & Chemicals: An Analysis  Details 
8Statement of audited results for the year ended 31st March, 2016 [GNFC]  Details 
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips: 
8Potash Corp cuts 2016 profit forecast on weak demand, prices  Details 
8Govt looks to divest stakes in two state-owned fertilizer companies   Details 
8Potash Corp. expects China to sign contracts for Fertilizer  Details
8Maharashtra govt plans to bring 70% farmers under crop insurance net  Details
8Inadequate availability of gas limiting urea sector growth  Details
8Fertilizer: Awasthi hails govt’s DBT target by 2018  Details
8Coromandel International Q4 net profit at Rs. 92.7 crore  Details
You can also click on Newsclips for more
The gas market in India still remains very shallow-I: Where are new marketers looking for demand?
Apr 28: A string of LNG liquefaction plants are slated to come up in India but do they have a market for the gas?
 
8The gas consumption data for 2015-16 shows that consumption has been flat at around  37,847 MMSCM and showed no increase at all.
 
8This then becomes a challenging environment for a new marketer.
 
8Advance market development teams of new LNG liquefaction units -- both in the public and private sector -- are scouting the market for offtake of their LNG but they seem to be up against heavy odds
 
8The website provides insights here on where to look for new sources of bulk demand for gas in India today and how to go about tapping these sources
 Click on Details for more
  Details
The gas market in India still remains very shallow-II: Find out why fertilizer units are happier with long term gas from RasGas even if it is expensive
Apr 28: The fertilizer industry seems to be happy working with GAIL and with long term contracts, like the one that India has with RasGas, rather than go through a tendering process for LNG at regular intervals.
 
8This is despite the fact that spot prices may turn out to be lower than long term rates.
 Click on Details to find out why
  Details
The gas market in India still remains very shallow-III: Find out more on the price differential between RasGas and spot cargoes today
Apr 28: Now that the price of spot gas has fallen on account of a massive oversupply in the market, a price differential has emerged between long term gas supplied by RasGas and spot prices.
 
8The buyers in the power and fertilizer sector are not complaining about the differential for the time being.
 
8However, other players are beginning to become more sensitive, particularly on account of lower prices from competing fuels such as naphtha and fuel oil.
 
8Find out here what is the price differential between spot and long term prices and what is to follow next
 Click on Details for more
  Details
The gas market in India still remains very shallow-IV: Can India fill the global demand deficit in the LNG market?
Apr 28: The global LNG industry is banking on a demand upsurge in India to lift the demand-supply mismatch but the Indian market for gas is too shallow at this juncture to justify such hope.
 
8There is now confirmation that LNG demand from the main consumers -- Japan and Korea -- is likely to fall rather than grow in the future on account of higher use of alternative energy sources such as nuclear power and solar energy.
 
8Demand from China is likely to stay tepid as shale gas supplies go up and massive quantities of gas arrive via pipelines from Russia.
 
8Can India fill up the deficit?
 
8The answer is "No". Not yet.
 Click on Details to find out more
  Details
The gas market in India still remains very shallow-V: Find out why GSPC cancelled 12 LNG cargoes this week
Apr 28: What has prompted GSPC to cancel 12 LNG cargoes meant to come in 2016-17?
 
8Is it because of the company is not confident of its ability to find a market for them in India?
 
8Or are there other reasons for the cancellation?
 Click on Details to find out more
  Details
Download Reports, Tenders and Newsclips
Apr 28: For reference purposes the website carries here the following tenders:
8Handling and Transportation contract of Fertilizers for Kota Rake Point [NFL]   Details
8Upkeeping of Unit Group of Plants for 2016-17 [NFL]  Details

8Handling and Transportation contract of Fertilizers for Baran Rake Point [NFL]  Details
You can also click on Tenders for more

For reference purposes the website carries here the following reports:
8Shareholding pattern of Rashtriya Chemicals and Fertilizers Limited [March 2016]   Details
8
Shareholding pattern of Tata Chemicals Limited [March 2016]   Details
8Agrometeorological Advisory Bulletin [Arunachal Pradesh]  Details 
8Fertilizer prices mostly lower this week [American Fertilizer Weekly]  Details 

8Full report of Urea sales [April 2016]  Details 
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips: 
8El Nino in final phase, monsoon-friendly La Nina likely to set in by September  Details 
8GNFC back in black with Rs. 226 cr profit in FY-16  Details  
8Essar Oil assures Matix Fertiliser of coal-bed-methane supply from June  Details 
8The debate over ‘Climate-Smart’ Agriculture  Details 
8GNFC starts selling city compost fertilizer, targets 5,000 mt sale in first year  Details 
You can also click on Newsclips for more
Download Reports, Tenders and Newsclips
Apr 27: For reference purposes the website carries here the following tenders:
8Carrying out Safety Audits of 6 plants of Rashtriya Chemicals and Fertilizers Limited [RCFL]   Details
8Supply of Boiler Grade Tubes, Thal [RCFL]  Details
8Cleaning of cooling tower basin sumps, pump suction pits and Intake channels of Ammonia-III plant [BVFCL]  Details
You can also click on Tenders for more
For reference purposes the website carries here the following reports:
8Shareholding pattern of Southern Petrochemicals Industries Corporation Limited [March 2016]  Details

8Investor Presentation of Hindalco Industries Limited [2016]  Details 
8Financial Highlights of DCM Shriram Limited  Details 
8Shareholding pattern of Coromandel International Limited [March 2016]  Details 
8New amendments in the clauses of the Brownfield Ammonia-Urea Fertilizer Complex of BVFCL  Details 
8Irrigation and Nitrogen requirements of crops: A Paper  Details
8Full report of Decontrolled Fertilizer sales [April 2016]  Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips: 
8Profit making PSUs may revive 3 closed urea plants  Details 
8Nitrogen fertilizer affects legumes: Study   Details 
8RCF advances on expectation of improvement in its margins this year  Details
8Power tariff hike in Goa to have adverse effect on agriculture sector: GCCI  Details
8Volumes may go up 10-20% on back of a good monsoon: RCF  Details  
You can also click on Newsclips for more
Rs 10,000 crore investment plan for ammonia-urea fertilizer complex: Environmental clearance application submitted
Apr 27: A new company has submitted its environment clearance application for a green field ammonia- urea project with a capacity to make Ammonia (2x2200 MTPD), Urea (2x3850 MTPD), Nitric Acid (2x400 MTPD) and Explosive Grade Ammonium Nitrate (2x500). The TOR was obtained earlier.
The company also proposes to set up a  2X67.5 MW coal based captive power plant inside the facility.
8Total Investment cost of the project is around Rs 10,000 crore.
Following are the current highlights
8Land preparation is over.
8Capital approval is under way
8Contractor selection is underway
8Terms of reference have already been completed.
8Proposal  for final environment clearance was accepted by the environment ministry in April, 2016
8Sources said that it takes a minimum of 3 months to elicit an environment clearance from the Ministry of Environment.
  Details
GAIL's US LNG cargo lands in India-I: Find out the price
Apr 27: GAIL has brought in its US cargo at a surprisingly low price.
 
8The cargo landed last week at the Dabhol terminal.
 
8Click on Details to find out the price at which the cargo was delivered in India.
 
8The website also elaborates on the economics of this particular cargo  
  Details
GAIL's US LNG cargo lands in India-II: Find out the conditions under which US cargoes will be competitive in India
Apr 27: There are limited options available for GAIL for delivering US LNG directly to India.
8The website examines the various options and the feasibility of these options.
8Also find out more on the scenarios under which LNG will enjoy a cost advantage in the Indian market.
 Click on Details for more
  Details
New ammonia- urea fertilizer complex at Ramagundam: Construction work likely to be started in October, 2016
Apr 26: Sources said that currently site preparation work is going on at Ramagundam for the new ammonia- urea fertilizer complex coming up. The complex will produce 2200 TPD of ammonia while the urea capacity will be 3850 MTPD, along with a 28 MW Captive power plant. Actual construction is likely to be started in October, 2016.
8In contrast, construction work will begin in June at Chambal which is also setting up a plant of similar capacity. Toyo is doing the work there.
8The projected investment cost is Rs 6000 crore.
Following are the current highlights:
8Land preparation is over
8Environment Impact Assessment (EIA) report is completed 
8Term of Reference (TOR) have already been approved by the Ministry of Environment (MOEF).
8 environmental clearance are already elicited
8Company sources said that, .
Click on Details for Key contacts and company details.
  Details
2015-16 data: Gas production lower by 4.18% from previous year
Apr 26: The natural gas production in India in March, 2016 has gone down to 2539.65 MMSCM, which is 16.63 percent lower then the targeted production of 3046 MMSCM.
8Cumulative natural gas production during April, 2015-March, 2016 was 32249.21 MMSCM which is 8.59 percent lower than the target for the period and 4.18 percent lower than the production during corresponding period of last year.
8ONGC’s natural gas production during March, 2016 was 1642.76 MMSCM which is 21.44 percent lower than the target for the month and 12.14 percent lower than the production achieved in the corresponding month of last year.
8OIL’s natural gas production during March, 2016 was 253.68 MMSCM which is 0.76 percent lower than the target for the month and 9.31 percent higher than the production achieved in the corresponding month of last year.
8Natural gas from private/JV's production during March, 2016 was 643.21 MMSCM which is 8.05 percent lower than the target for the month and 12.53 percent lower than the production achieved in the corresponding month of last year.
8Reasons for the shortfall are given below:
 -- Underperformance of wells due to sand ingress and water loading in KG-D6 of RIL.
 -- Well completion issues in KG-OSN-2001/3 and increase in water cut in existing wells in CB-ON/2 block of GSPC
 -- M&S Tapti: Production stopped in March 2016.
 -- Natural decline in gas production from Ravva, Panna-Mukta, PY-1 and Hazira.
 -- Dewatering issues in CBM blocks in Raniganj East, Raniganj South and Sohagpur West.
 -- 4 days planned shutdown in RJ-ON/6
Click here for more information.
Download Reports, Tenders and Newsclips
Apr 26: For reference purposes the website carries here the following tenders:
8Opening and boxing up of end covers of Natural Gas Booster Compressor, Namrup [BVFCL]   Details
8Supply of spares for Cooling Tower, Namrup [BVFCL]  Details
8Biennial rate contract for maintenance jobs of Rotary machines in Urea plant [RCFL]  Details
8Supply of spares for Ammonia pump in Ammonia Plant, Thal [RCFL]  Details
You can also click on Tenders for more
For reference purposes the website carries here the following reports:
8Shareholding pattern of Deepak Fertilisers and Petrochemicals Corporation Limited [March 2016]  Details
8Shareholding Pattern of Gujarat State Fertilizers & Chemicals Limited [March 2016]  Details
8Comparative Economics of Major Cereals: A Paper  Details
8Agrometeorological Advisory Bulletin [Telangana]  Details 
8Agrometeorological Advisory Bulletin [Andhra Pradesh]  Details 
8Shree Pushkar Chemicals and Fertilizers Limited: An Analysis  Details 
8MRP and subsidy rates of urea [DOF]  Details 
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips: 
8Rain gods are likely to benefit stocks in 4 sectors; time to buy  Details 
8Tata Chemical plant at Babrala in UP resumes operation   Details 
8How PM Modi pursues a transformational agenda, extending liberalisation to the poor  Details
8Sustainable Living and Ecological Balance  Details  
You can also click on Newsclips for more

Apr 25: Chambal Fertilizers: Construction of new urea-ammonia plant to be begin by May-June 2016  Details
Apr 25: 2015-16 data: Gas consumption remains flat while FO, LSHS naphtha demand increases  Details
Apr 25: Download Reports, Tenders and Newsclips  Details
Apr 22: PM Deshpandey's presentation on "Natural Gas Security for Fertilizer Production"  Details
Apr 22: Download Reports, Tenders and Newsclips  Details
Apr 21: Two GAIL LNG cargoes set sail from the US-V: Fuel efficiency of long haul LNG vessels will have a big impact  Details
 
The content in this website is authentic and all information is sourced legitimately. The news we produce is collated through journalistic effort that is legal and legitimate. We carry no information that violates Indian law or is a breach of confidentiality in any form or manner.
Copyright 2016 www.indianfertilizer.com. All rights reserved Developed by Cintechsys Technologies