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Sep 2018
RFQs for Rig Services and EPC contractor to be floated soon
8Know more about the project
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8Know more about the project
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A massive 47-rig acquisition drive by ONGC is going to permanently alter the rig market dynamics in India
8Is there enough new business available for third-party rig owners whose main business came from ONGC to fill up this big gap in demand?
8Find out more on ONGC rig acquisition spree
8Also look at our project monitoring database to know more where future third party rig requirements are coming up in the conceivable future. Ask out marketing team for a demo of what we have to offer.
Click on Reports for more Details
8Is there enough new business available for third-party rig owners whose main business came from ONGC to fill up this big gap in demand?
8Find out more on ONGC rig acquisition spree
8Also look at our project monitoring database to know more where future third party rig requirements are coming up in the conceivable future. Ask out marketing team for a demo of what we have to offer.
Click on Reports for more Details
Ammonia and Captive Power Unit Greenfield
8Cost - Rs 1920 Crore
8Project Event: The RFQ for an EPC contractor is likely to be released after the clearances are obtained
Click here for more information
Sulphuric Acid Plant Brownfield Project
8Cost - Rs 30 Crore
8Project Event: The RFQ for the LSTK contractor is likely to be released in January 2019.
Click here for more information
Ammonia Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Event: Tender for a registered Annual Maintenance Contractor is likely to be released in March 2019
Click here for more information Details
8Cost - Rs 1920 Crore
8Project Event: The RFQ for an EPC contractor is likely to be released after the clearances are obtained
Click here for more information
Sulphuric Acid Plant Brownfield Project
8Cost - Rs 30 Crore
8Project Event: The RFQ for the LSTK contractor is likely to be released in January 2019.
Click here for more information
Ammonia Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Event: Tender for a registered Annual Maintenance Contractor is likely to be released in March 2019
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Annual Rate Contract for Painting of Pipelines Structures, Equipments at Gas Processing Unit Details
8Procurement of Ball Valves Details
8Procurement of Flow Improver/ Inhibitor for Pipelines Details
8Rate Contract for Civil Works for Work over Rig Operation Details
8Construction of Dragging anchor & miscellaneous civil works during drilling period Details
8Procurement of Molecular Sieves/ Adsorbents/ Inert Ball for Ethylene Treater at LLDPE/ HDPE Units Details
8Supply, Installation & Commissioning of Energy Monitoring Solution Details
8Assorted Valves on Annual Rate Contract Basis for Pipeline Project Details
8Construction of Underground Ethanol Tanks Details
8Supply of Diesel Lubricity Additives Details
8Hiring of Casing and Tubing Running in with Torque Turn Services for Production/ Drilling Exploratory Wells in KG Basin Details
8Supply and Upgradation of Server and Storage at various locations Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Bahadurgarh Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Why India can't join Iran’s sanctions busters Details
8India should reduce or stop crude oil import from Iran: Moody's Details
8Iran's foreign minister says India to continue economic cooperation, oil imports Details
8Haryana government inks pact with Indian Oil Corporation to set up bio-CNG plants Details
8Delhi Environment minister directs agencies to ensure compliance of norms, warns of strict actions Details
8OPINION: Oil economy needs reform Details
8Why oil is going to remain India’s most difficult conundrum in times to come Details
8Malaysia oil firm Hibiscus Petroleum to double production Details
8Iran sanctions to impact Indian refiners negatively, especially MRPL: Moody’s Details
8Indian airlines unlikely to face big hit from tariff on jet fuel imports Details
8$80 Oil: Increased investment or demand destruction? Details
8Vedanta's Anil Agarwal calls for policies to reduce dependence on imports Details
8India will continue to buy Iran's oil, says Iranian foreign minister Details
8OMCs to try direct $ buys from RBI Details
8Oil prices edge up amid uncertainty over fallout from Iran sanctions Details
You can also click on Newsclips for more Details
8Annual Rate Contract for Painting of Pipelines Structures, Equipments at Gas Processing Unit Details
8Procurement of Ball Valves Details
8Procurement of Flow Improver/ Inhibitor for Pipelines Details
8Rate Contract for Civil Works for Work over Rig Operation Details
8Construction of Dragging anchor & miscellaneous civil works during drilling period Details
8Procurement of Molecular Sieves/ Adsorbents/ Inert Ball for Ethylene Treater at LLDPE/ HDPE Units Details
8Supply, Installation & Commissioning of Energy Monitoring Solution Details
8Assorted Valves on Annual Rate Contract Basis for Pipeline Project Details
8Construction of Underground Ethanol Tanks Details
8Supply of Diesel Lubricity Additives Details
8Hiring of Casing and Tubing Running in with Torque Turn Services for Production/ Drilling Exploratory Wells in KG Basin Details
8Supply and Upgradation of Server and Storage at various locations Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Bahadurgarh Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Why India can't join Iran’s sanctions busters Details
8India should reduce or stop crude oil import from Iran: Moody's Details
8Iran's foreign minister says India to continue economic cooperation, oil imports Details
8Haryana government inks pact with Indian Oil Corporation to set up bio-CNG plants Details
8Delhi Environment minister directs agencies to ensure compliance of norms, warns of strict actions Details
8OPINION: Oil economy needs reform Details
8Why oil is going to remain India’s most difficult conundrum in times to come Details
8Malaysia oil firm Hibiscus Petroleum to double production Details
8Iran sanctions to impact Indian refiners negatively, especially MRPL: Moody’s Details
8Indian airlines unlikely to face big hit from tariff on jet fuel imports Details
8$80 Oil: Increased investment or demand destruction? Details
8Vedanta's Anil Agarwal calls for policies to reduce dependence on imports Details
8India will continue to buy Iran's oil, says Iranian foreign minister Details
8OMCs to try direct $ buys from RBI Details
8Oil prices edge up amid uncertainty over fallout from Iran sanctions Details
You can also click on Newsclips for more Details
Substations are an integral part of transmission and distribution network.
8Many supercritical thermal power projects are under planning and construction stage in which the requirements of a substation is to come.
8Here is a report of various central and state power transmission company in which substation works are ongoing or is to come up.
8Like, in Obra, an expansion project of 1320 MW is going on, hence a 765/400 kV new substation is expected.
8Click on Reports for more. Details
8Many supercritical thermal power projects are under planning and construction stage in which the requirements of a substation is to come.
8Here is a report of various central and state power transmission company in which substation works are ongoing or is to come up.
8Like, in Obra, an expansion project of 1320 MW is going on, hence a 765/400 kV new substation is expected.
8Click on Reports for more. Details
Project Name: Thermal Power Plant - Installation of FGD
8Project Cost: 662 crores
8Project Description: Owner has awarded a consultant for carrying out the feasibility study and FR report for development of an FGD unit in the existing 1000 MW thermal power plant. ESP has also to be upgraded according to environmental norms. Approval for creation of space for FGD unit is pending at the site office. Further bids are expected soon.
8Project Event: RFQ for design, engineering, supply, transportation, installation, erection, and completion of an FGD package is expected by December 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Dec/2018
8Release Date: Dec/2018
8Start Date: Q3:2019
8Completion Date: Q3:2021
Click here for more information
8Project Name: Thermal Power Station: Annual Maintenance Contract Project
8Project Cost: 2 crores
8Project Description: Promoter plans to come out with an annual rate maintenance contract of the boiler auxiliaries in the 1400 MW thermal power station situated. The major scope of work includes maintenance activities in coal nozzles, burners, coal mills, coal pipes, jobs related to ID, FD and PA fans, coal feeder, and air preheater. The tenure of the contract is for 120 months. A further bid is expected soon.
8Project Event: RFQ for an annual rate maintenance contract of boiler auxiliaries is expected by the Q2 2019.
8Expenditure Approval: Q1:2019
8RFQ Date: Q2:2019
8Release Date: Q2:2019
8Start Date: Q3:2019
8Completion Date: Q3:2020
Click here for more information Details
8Project Cost: 662 crores
8Project Description: Owner has awarded a consultant for carrying out the feasibility study and FR report for development of an FGD unit in the existing 1000 MW thermal power plant. ESP has also to be upgraded according to environmental norms. Approval for creation of space for FGD unit is pending at the site office. Further bids are expected soon.
8Project Event: RFQ for design, engineering, supply, transportation, installation, erection, and completion of an FGD package is expected by December 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Dec/2018
8Release Date: Dec/2018
8Start Date: Q3:2019
8Completion Date: Q3:2021
Click here for more information
8Project Name: Thermal Power Station: Annual Maintenance Contract Project
8Project Cost: 2 crores
8Project Description: Promoter plans to come out with an annual rate maintenance contract of the boiler auxiliaries in the 1400 MW thermal power station situated. The major scope of work includes maintenance activities in coal nozzles, burners, coal mills, coal pipes, jobs related to ID, FD and PA fans, coal feeder, and air preheater. The tenure of the contract is for 120 months. A further bid is expected soon.
8Project Event: RFQ for an annual rate maintenance contract of boiler auxiliaries is expected by the Q2 2019.
8Expenditure Approval: Q1:2019
8RFQ Date: Q2:2019
8Release Date: Q2:2019
8Start Date: Q3:2019
8Completion Date: Q3:2020
Click here for more information Details
8Project Name: DHDT Debottlenecking Project
8Project Cost: Rs 1810 crore
8Project Description: The owner along with the EPCM contractor and a French licensor is carrying out engineering of a new Sulfur Recovery Unit. RFQ for equipment for the revamp of the DHDT, the Sour Water Stripper (SWS)-1 and the Sour Water Stripper (SWS)-2 are already out. Site grading work for the FCCU and the SRU units is under progress, substation building and Semi regenerative Reforming Unit (SRR) building civil work is under progress. One out of the 4 orders placed for Reactors has been canceled and refloated in March 2018, as the vendor was not in a position to submit performance Bank Guarantee (PBG). Heavy Engineering Services has elicited the contract for the supply of 6 columns. Pipeline to Jetty ROW application has been submitted to New Mangalore Port Trust for the underground portion of HSD line but clearance is awaited. Civil work for tankages is in progress. There is a slight delay in the erection work due to delay in the civil work. RFQ for the HSD piping work has already been out and the bidding process is going on. RFQ for the erection and installation work has come out and the bidding process is on.
8Project Event: RFQ for mechanical works for the SRU and SWS 1&2 is expected by November 2018.
RFQ for the gasoline piping work is expected by December 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q4:2017
8Completion Date: Q4:2019
Click here for more details along with key contacts Details
8Project Cost: Rs 1810 crore
8Project Description: The owner along with the EPCM contractor and a French licensor is carrying out engineering of a new Sulfur Recovery Unit. RFQ for equipment for the revamp of the DHDT, the Sour Water Stripper (SWS)-1 and the Sour Water Stripper (SWS)-2 are already out. Site grading work for the FCCU and the SRU units is under progress, substation building and Semi regenerative Reforming Unit (SRR) building civil work is under progress. One out of the 4 orders placed for Reactors has been canceled and refloated in March 2018, as the vendor was not in a position to submit performance Bank Guarantee (PBG). Heavy Engineering Services has elicited the contract for the supply of 6 columns. Pipeline to Jetty ROW application has been submitted to New Mangalore Port Trust for the underground portion of HSD line but clearance is awaited. Civil work for tankages is in progress. There is a slight delay in the erection work due to delay in the civil work. RFQ for the HSD piping work has already been out and the bidding process is going on. RFQ for the erection and installation work has come out and the bidding process is on.
8Project Event: RFQ for mechanical works for the SRU and SWS 1&2 is expected by November 2018.
RFQ for the gasoline piping work is expected by December 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q4:2017
8Completion Date: Q4:2019
Click here for more details along with key contacts Details
If offshore wind projects pick up speed in India, as it has done in China and in Europe, the indigenous offshore oil & gas industry will stand to gain a lot.
8Other than just service providers who stand to gain, some oil & gas companies are also picking up offshore wind projects.
8Service providers for oil and gas platforms arealso increasingly orienting themselves to offshore wind farms (heavy-lift vessels, crewboats, pipe-laying vessels, survey vessels).
8 Some like Saipem, an Italian oil and gas industry contractor (drilling services; engineering, procurement and construction (EPC); installation) has branched out into offshore wind
installation and EPC services, as well as the fabrication of jacket components for foundations.
8Shipyards also benefit. Offshore wind farms require large, specialised vessels, and existing oil and gas ships may require extensive conversions for the new tasks.
Click on Reports for more Details
8Other than just service providers who stand to gain, some oil & gas companies are also picking up offshore wind projects.
8Service providers for oil and gas platforms arealso increasingly orienting themselves to offshore wind farms (heavy-lift vessels, crewboats, pipe-laying vessels, survey vessels).
8 Some like Saipem, an Italian oil and gas industry contractor (drilling services; engineering, procurement and construction (EPC); installation) has branched out into offshore wind
installation and EPC services, as well as the fabrication of jacket components for foundations.
8Shipyards also benefit. Offshore wind farms require large, specialised vessels, and existing oil and gas ships may require extensive conversions for the new tasks.
Click on Reports for more Details
India has a robust offshore oil & gas business.
8These existing oil and gas assets can be leveraged in support of offshore wind, given the significant synergies that exist in hardware and skills.
8The basic design of the foundations and substations for offshore wind turbines is essentially the same as for oil and gas platforms.
8Specific policy measures, such as upgrading and supplier development programmes, support for joint ventures, and industrial promotion schemes, may be needed to strengthen the industrial capacity of domestic Indian firms.
8This is the time to step in and think strategically.
8This is one business where the domestic content can be much higher than in the offshore E&P business
Click on Reports for more Details
8These existing oil and gas assets can be leveraged in support of offshore wind, given the significant synergies that exist in hardware and skills.
8The basic design of the foundations and substations for offshore wind turbines is essentially the same as for oil and gas platforms.
8Specific policy measures, such as upgrading and supplier development programmes, support for joint ventures, and industrial promotion schemes, may be needed to strengthen the industrial capacity of domestic Indian firms.
8This is the time to step in and think strategically.
8This is one business where the domestic content can be much higher than in the offshore E&P business
Click on Reports for more Details
Cairn India has now emerged as a big contractor for offshore marine spreads.
8With an increasing footprint on offshore assets, including a fresh discovery, the size of its offshore requirement will grow over time.
8There are now an increasing number of offshore players, including smaller independent players.
8The market is going to get more diverse and orders are likely to keep coming in
Click on Reports for more Details
8With an increasing footprint on offshore assets, including a fresh discovery, the size of its offshore requirement will grow over time.
8There are now an increasing number of offshore players, including smaller independent players.
8The market is going to get more diverse and orders are likely to keep coming in
Click on Reports for more Details
There is huge volatility in the consumption of petroleum products in India.
8The vide month-on-month variations are not susceptible to ordinary interpretations.
8They do reflect movements on the ground but the PPAC's explanations are obviously too simplistic to be taken seriously.
8While a 19% jump in bitumen consumption in August is understandable why was there a 54% increase in July when monsoons were active? There was a 19% fall in petcoke consumption last month and while that can be because of court action, how do you explain an 8.5% rise in FO/LSHS consumption, and a 1% rise in naphtha offtake but a 25% jump in LDO consumption
8On this background, diesel and petrol consumption trends are more logical perhaps.
8There is too much volatility on industrial fuel consumption, thereby pointing towards uncertain conditions brought about by a host of factors, triggered no doubt by the devaluation of rupee and supplemented by general uncertainty on the industrial front.
Click on Reports for more Details
8The vide month-on-month variations are not susceptible to ordinary interpretations.
8They do reflect movements on the ground but the PPAC's explanations are obviously too simplistic to be taken seriously.
8While a 19% jump in bitumen consumption in August is understandable why was there a 54% increase in July when monsoons were active? There was a 19% fall in petcoke consumption last month and while that can be because of court action, how do you explain an 8.5% rise in FO/LSHS consumption, and a 1% rise in naphtha offtake but a 25% jump in LDO consumption
8On this background, diesel and petrol consumption trends are more logical perhaps.
8There is too much volatility on industrial fuel consumption, thereby pointing towards uncertain conditions brought about by a host of factors, triggered no doubt by the devaluation of rupee and supplemented by general uncertainty on the industrial front.
Click on Reports for more Details
The deadlines for the Turkmenistan-Afganistan-Pakistan-India pipeline has been put off by two years
8Work and fund allocations which were meant to go "firm" from 2018 have been put on "standby" for 2019.
8The "firm" allocation is only for 2020.
8Clearly, this means that cash advances etc. will only be needed by 2020 to begin work.
Click on Reports for more Details
8Work and fund allocations which were meant to go "firm" from 2018 have been put on "standby" for 2019.
8The "firm" allocation is only for 2020.
8Clearly, this means that cash advances etc. will only be needed by 2020 to begin work.
Click on Reports for more Details
The new deal to supply CNG in new-tech CNG vessels has Daheja s the destination port.
8The Indian buyer has emerged as the first buyer and therefore the anchor for the supplier to develop the gas resources and build the new ships
8The gas sources, however, has still not decided even though the purchase deal is in place
8Find out what could be the possible gas sources
Know more about the deal in terms of:
8Likely gas source
8Gas volumes
8Contract price
8Number of ships to be deployed
8Shipping distance
8Target FID
8First gas
8CNG import location
Click on Reports for more Details
8The Indian buyer has emerged as the first buyer and therefore the anchor for the supplier to develop the gas resources and build the new ships
8The gas sources, however, has still not decided even though the purchase deal is in place
8Find out what could be the possible gas sources
Know more about the deal in terms of:
8Likely gas source
8Gas volumes
8Contract price
8Number of ships to be deployed
8Shipping distance
8Target FID
8First gas
8CNG import location
Click on Reports for more Details
ONGC is looking for premium drilling bits worth Rs 500 crore
8Find out how much of it will be on consignment basis and how much on rate contract basis
8What kind of bits are being procured?
Click on Details for more Details
8Find out how much of it will be on consignment basis and how much on rate contract basis
8What kind of bits are being procured?
Click on Details for more Details
8Project Name: Co-generation Unit
8Project Cost: Rs 255 crore
8Project Description: Oil and Natural Gas Corporation Limited along with its LSTK contractor Bharat Heavy Electricals Limited (BHEL) is expected to release a set of RFQs for hiring services for Civil, Structural and Architectural Works for establishing an Additional Co-generation Unit, GT-IV, and Enhanced Reactive Thermal Oxidizer (ERTO) within the existing Uran Plant.
8Project Event:RFQ for the hiring of hiring services for Civil, Structural and Architectural Works is expected by December 2018.
RFQs for hiring services for Erection and Commisioning Works is expected by December 2018
8Expenditure Approval: Q3/2016
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Feb/2020
8Completion Date: Dec/2021
Click here for more details Details
8Project Cost: Rs 255 crore
8Project Description: Oil and Natural Gas Corporation Limited along with its LSTK contractor Bharat Heavy Electricals Limited (BHEL) is expected to release a set of RFQs for hiring services for Civil, Structural and Architectural Works for establishing an Additional Co-generation Unit, GT-IV, and Enhanced Reactive Thermal Oxidizer (ERTO) within the existing Uran Plant.
8Project Event:RFQ for the hiring of hiring services for Civil, Structural and Architectural Works is expected by December 2018.
RFQs for hiring services for Erection and Commisioning Works is expected by December 2018
8Expenditure Approval: Q3/2016
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Feb/2020
8Completion Date: Dec/2021
Click here for more details Details
8Project: Exploratory Drilling
8Project Cost: Rs 400 crore
8Project Description: Oil and Natural Gas Corporation Limited (ONGC) RFQs for the wireline and cementing services for the exploratory drilling of 10 wells are coming up. The drilling rig for the project will be ONGC owned. The revised environment clearance for the project is still under process as ONGC has requested for the change in the coordinates of two well locations, thus resulting in the delay in project implementation.
8Project Event: RFQ for the hiring of wireline and cementing services is expected by December 2018.
8Expenditure Approval: Q1/2015
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details Details
8Project Cost: Rs 400 crore
8Project Description: Oil and Natural Gas Corporation Limited (ONGC) RFQs for the wireline and cementing services for the exploratory drilling of 10 wells are coming up. The drilling rig for the project will be ONGC owned. The revised environment clearance for the project is still under process as ONGC has requested for the change in the coordinates of two well locations, thus resulting in the delay in project implementation.
8Project Event: RFQ for the hiring of wireline and cementing services is expected by December 2018.
8Expenditure Approval: Q1/2015
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details Details
Tokyo based Kawasaki Heavy Industries is soon expected to start the overhauling works in one of Oil and Natural Gas Corporation Limited's offshore platforms.
8Previously Kawasaki created the Gas compression facilities as a subcontractor under L&T's supervision at the Heera Offshore Platform.
Click on Details for more Details
8Previously Kawasaki created the Gas compression facilities as a subcontractor under L&T's supervision at the Heera Offshore Platform.
Click on Details for more Details
8Project Name: Greenfield RLNG Pipeline Project
8Project Cost: Rs 720 crore
8Project Description: Forest clearance is obtained for 4 out of 5 districts and permission required for Chittor (Palamner forest). Land acquisition process of 134 Km has been done. Currently, the project is in the EIA study stage. Further RFQs are expected soon.
8Project Event: RFQ for the surveying work is expected by November 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q4:2020
Click here for more details for more RFQs which will be coming out Details
8Project Cost: Rs 720 crore
8Project Description: Forest clearance is obtained for 4 out of 5 districts and permission required for Chittor (Palamner forest). Land acquisition process of 134 Km has been done. Currently, the project is in the EIA study stage. Further RFQs are expected soon.
8Project Event: RFQ for the surveying work is expected by November 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q4:2020
Click here for more details for more RFQs which will be coming out Details
The owner is going to augment capacity by 2 MMTPA
8This is a big project by any yardstick
Click on Details for key contacts and project details Details
8This is a big project by any yardstick
Click on Details for key contacts and project details Details
Vortex Mixer and Conversion Booster for Reactors in urea plants
8Cost - Rs 20 Crore
8Project Description: A Fertilizer Company is planning to install a Vortex Mixer and Conversion Booster for Reactors in in its urea plants at its existing fertilizer complex in India.
8Project Event: The project is in the initial phase, RFQ for the LSTK contractor is likely to be released in November 2018.
Click here for more information
650 TR VAM for PAC Suction Chilling in Ammonia Plants
8Cost - Rs 13 Crore
8Project Description: A Fertilizer Company is planning to 650 TR VAM for PAC Suction Chilling in in its ammonia unit at its existing ammonia-urea fertilizer Complex in India.
8Project Event: The discussion process is ongoing and RFQ for the LSTK contractor is likely to be released in December 2018.
Click here for more information Details
8Cost - Rs 20 Crore
8Project Description: A Fertilizer Company is planning to install a Vortex Mixer and Conversion Booster for Reactors in in its urea plants at its existing fertilizer complex in India.
8Project Event: The project is in the initial phase, RFQ for the LSTK contractor is likely to be released in November 2018.
Click here for more information
650 TR VAM for PAC Suction Chilling in Ammonia Plants
8Cost - Rs 13 Crore
8Project Description: A Fertilizer Company is planning to 650 TR VAM for PAC Suction Chilling in in its ammonia unit at its existing ammonia-urea fertilizer Complex in India.
8Project Event: The discussion process is ongoing and RFQ for the LSTK contractor is likely to be released in December 2018.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Carrying out Civil Works for City Gas Distribution Project Details
8Supply of API Gate Valves Details
8Hiring of Port Facilities and Services to Support Production Operations for Ravva Block and CB-OS/2 Block Details
8Supply of Automatic Valve and Bung Leak detector for LPG Mounded Bullet Bulk Loading Plant Details
8Replacement of Vaccum Feed Gas Chlorinator systems at Desalination Plant Details
8Purchase of Automated Hydraulic Work-over rigs Details
8Automatic Ultrasonic Testing based corrosion mapping of pipes with highest density of internal corrosion anomalies in SMPL-DBN pipeline Details
8Providing Support Services for Miscellaneous Jobs at OHCU Block Details
8Supply of Pipe Fittings at refinery Details
8Supply of Methanol for Industrial use Details
8Supply of Steam Turbine Generators Spares Details
8Supply of Mechanical Seal Spares in refinery Details
8Procurement of pipe fittings and flanges Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Indian govt did not tell refiners to halt Iranian oil imports: Source Details
8Nayara Energy evaluating Vadinar refinery expansion; to expand petrol pumps to 7,000 Details
8Will ensure IL&FS does not collapse, all options open, says LIC chairman Details
8Chronology of Aadhaar case Details
8GE Power to supply NOx emission reduction tech to NTPC and Tata Chemicals Details
8Rahul thanks SC for supporting 'Cong's vision' on Aadhaar Details
8Despite heated debate on Aadhaar, not influenced by views expressed: SC Details
8Aadhaar neither creates surveillance state nor violates privacy: UIDAI Details
8French regulator CRE increases gas tariffs by 3.25 pct from Oct. 1 Details
8Govt hikes customs duty on 19 items to curb widening CAD Details
8Indonesia's Pertamina backs $100 billion spend to boost oil output Details
8Oil hits 4-year high as OPEC, Russia resist output rise to offset US sanctions against Iran Details
8Customs duty on ATF 'negative' for airlines; fares likely to go up Details
8Fuel price hike: High prices swell Tamil Nadu coffers by Rs 500 cr in one month Details
8Oil prices rise 1 percent ahead of U.S. sanctions against Iran Details
8Michael Bloomberg, against climate change and anti-Trump Details
8Hindustan Unilever, Nestle hint at price increases amid rising oil costs Details
8Will lose Rs 2,200 crore a year if fuel prices cut by Rs 1/litre: Maharashtra govt Details
8Porsche to put a full stop to diesel engines in India Details
You can also click on Newsclips for more Details
8Carrying out Civil Works for City Gas Distribution Project Details
8Supply of API Gate Valves Details
8Hiring of Port Facilities and Services to Support Production Operations for Ravva Block and CB-OS/2 Block Details
8Supply of Automatic Valve and Bung Leak detector for LPG Mounded Bullet Bulk Loading Plant Details
8Replacement of Vaccum Feed Gas Chlorinator systems at Desalination Plant Details
8Purchase of Automated Hydraulic Work-over rigs Details
8Automatic Ultrasonic Testing based corrosion mapping of pipes with highest density of internal corrosion anomalies in SMPL-DBN pipeline Details
8Providing Support Services for Miscellaneous Jobs at OHCU Block Details
8Supply of Pipe Fittings at refinery Details
8Supply of Methanol for Industrial use Details
8Supply of Steam Turbine Generators Spares Details
8Supply of Mechanical Seal Spares in refinery Details
8Procurement of pipe fittings and flanges Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Indian govt did not tell refiners to halt Iranian oil imports: Source Details
8Nayara Energy evaluating Vadinar refinery expansion; to expand petrol pumps to 7,000 Details
8Will ensure IL&FS does not collapse, all options open, says LIC chairman Details
8Chronology of Aadhaar case Details
8GE Power to supply NOx emission reduction tech to NTPC and Tata Chemicals Details
8Rahul thanks SC for supporting 'Cong's vision' on Aadhaar Details
8Despite heated debate on Aadhaar, not influenced by views expressed: SC Details
8Aadhaar neither creates surveillance state nor violates privacy: UIDAI Details
8French regulator CRE increases gas tariffs by 3.25 pct from Oct. 1 Details
8Govt hikes customs duty on 19 items to curb widening CAD Details
8Indonesia's Pertamina backs $100 billion spend to boost oil output Details
8Oil hits 4-year high as OPEC, Russia resist output rise to offset US sanctions against Iran Details
8Customs duty on ATF 'negative' for airlines; fares likely to go up Details
8Fuel price hike: High prices swell Tamil Nadu coffers by Rs 500 cr in one month Details
8Oil prices rise 1 percent ahead of U.S. sanctions against Iran Details
8Michael Bloomberg, against climate change and anti-Trump Details
8Hindustan Unilever, Nestle hint at price increases amid rising oil costs Details
8Will lose Rs 2,200 crore a year if fuel prices cut by Rs 1/litre: Maharashtra govt Details
8Porsche to put a full stop to diesel engines in India Details
You can also click on Newsclips for more Details
Project Name: Thermal Power Expansion Project
8Project Cost: 4620.33 crores
8Project Description: Owner along with an EPC contractor is carrying out mechanical completion activities in a 660 MW super-critical expansion thermal power complex at its existing thermal power station. The full load test is expected to be achieved by October 2018. PPA has been signed in 2011. The owner has floated an EPC contract bid for installation of wet flue gas desulphurization system. Technical bid and a pre-bid meeting have been done. Further bids are expected soon.
8Project Event: RFQ for the price bid for the shortlisted bidders of the FGD is expected by November 2018.
8Expenditure Approval: 2014
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Oct/2014
8Completion Date: Dec/2018
Click here for more information
8Project Name: Thermal Power Station Addition Project
8Project Cost: 216 crores
8Project Description: A subsidiary company has postponed the floating of an RFQ for an ash water re-circulation package from the project site office in the 800 MW thermal power station. the scope for an ash pond fugitive dust suppression system inclusive of associated civil, electrical and C&I works for ash pond using decanted ash water will also be included in this package.
8Project Event: RFQ for an ash water re-circulation package is expected by the November 2018, instead of August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Dec/2018
8Completion Date: Q1:2020
Click here for more information Details
8Project Cost: 4620.33 crores
8Project Description: Owner along with an EPC contractor is carrying out mechanical completion activities in a 660 MW super-critical expansion thermal power complex at its existing thermal power station. The full load test is expected to be achieved by October 2018. PPA has been signed in 2011. The owner has floated an EPC contract bid for installation of wet flue gas desulphurization system. Technical bid and a pre-bid meeting have been done. Further bids are expected soon.
8Project Event: RFQ for the price bid for the shortlisted bidders of the FGD is expected by November 2018.
8Expenditure Approval: 2014
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Oct/2014
8Completion Date: Dec/2018
Click here for more information
8Project Name: Thermal Power Station Addition Project
8Project Cost: 216 crores
8Project Description: A subsidiary company has postponed the floating of an RFQ for an ash water re-circulation package from the project site office in the 800 MW thermal power station. the scope for an ash pond fugitive dust suppression system inclusive of associated civil, electrical and C&I works for ash pond using decanted ash water will also be included in this package.
8Project Event: RFQ for an ash water re-circulation package is expected by the November 2018, instead of August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Dec/2018
8Completion Date: Q1:2020
Click here for more information Details
8The project owner is planning to come with maintenance works in the rectiformer in a 1000 MW thermal power station.
8Click on details to know more Details
8Click on details to know more Details
ONGC's mega Jackup rig tender is expected to come out in the first week of October.
8The earlier anticipation that the rig requirement will be in double digits has been trimmed.
8Even so, the tender will still be the largest such tender for jackups globally when it comes out
Click on Details for more. Details
8The earlier anticipation that the rig requirement will be in double digits has been trimmed.
8Even so, the tender will still be the largest such tender for jackups globally when it comes out
Click on Details for more. Details
There was a lot of anticipation that the current tender will see ONGC replacing the existing lot of low quality jackup rigs with new generation of jackup rigs with higher efficiency parameters.
8ONGC boasts of eliciting the lowest day rate in the world for Jackup rigs but that is more due the emphasis in its Bid Evaluation Criteria on eliciting a lower day rate than on an insistence on higher efficiency and better technology.
8The company is introducing a Quality and Cost Based Selection selection criteria now but it has arranged the parameters in such a manner that the old and fully depreciated rigs will continue to be have a cost advantage.
8Find out more on how the public sector E&P giant fell victim to the temptation of choosing price over quality this time around as well
Click on Details for more. Details
8ONGC boasts of eliciting the lowest day rate in the world for Jackup rigs but that is more due the emphasis in its Bid Evaluation Criteria on eliciting a lower day rate than on an insistence on higher efficiency and better technology.
8The company is introducing a Quality and Cost Based Selection selection criteria now but it has arranged the parameters in such a manner that the old and fully depreciated rigs will continue to be have a cost advantage.
8Find out more on how the public sector E&P giant fell victim to the temptation of choosing price over quality this time around as well
Click on Details for more. Details
ONGC boasts of having solicited the lowest day rate for Jackup rigs
8Some Jackup rigs were temporarily rehired pending the mega tender
8Know what the the latest day rates are in ONGC
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8Some Jackup rigs were temporarily rehired pending the mega tender
8Know what the the latest day rates are in ONGC
Click on Details for more Details
Are day ates are likely to be higher than previous benchmarks in the forthcoming ONGC tender?
8There is usually a delay in the day rate going up once the market picks up speed, as is happening now
8There is increasing ordering of late in the global market, fueled by higher crude prices, but day rates are yet to pick up
8Yet it is unlikely that ONGC will be able to keep prices as low as they are now
Click on Details for more Details
8There is usually a delay in the day rate going up once the market picks up speed, as is happening now
8There is increasing ordering of late in the global market, fueled by higher crude prices, but day rates are yet to pick up
8Yet it is unlikely that ONGC will be able to keep prices as low as they are now
Click on Details for more Details
Public sector LSTK contracts are not subject to the condition that they will have to compulsorily place orders to micro and small industries sub-contractors affiliated to the NSIC, if eligible
8But the rules are being changed.
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8But the rules are being changed.
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8Project Name: Pipeline Capacity Augmentation
8Project Cost: Rs 600 crore
8Project Description: The owner along with the EPCM contractor plans to release RFQs for centrifugal pumps, compressor and mainline pipes for for the product pipeline capacity augmentation project.
8Immediate Project Event: RFQs for hiring services for the hydrological and topographical survey are expected by December 2018.
RFQs for centrifugal pumps, compressor, mainline pipes are expected by December 2018
8Expenditure Approval: Q2/2018
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Q1/2019
8Completion Date: Dec/2019
Click here for more details including key contacts Details
8Project Cost: Rs 600 crore
8Project Description: The owner along with the EPCM contractor plans to release RFQs for centrifugal pumps, compressor and mainline pipes for for the product pipeline capacity augmentation project.
8Immediate Project Event: RFQs for hiring services for the hydrological and topographical survey are expected by December 2018.
RFQs for centrifugal pumps, compressor, mainline pipes are expected by December 2018
8Expenditure Approval: Q2/2018
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Q1/2019
8Completion Date: Dec/2019
Click here for more details including key contacts Details
8Project Name: Oil Field Development
8Project Cost: Rs 400 crore
8Project Description: Gujarat Natural Resources Limited is soon expected to release a set RFQs for the hiring of integrated drilling services for 10 well development drilling programme at Kanawara block in Gujarat. The necessary clearances for the block have been obtained and the project is expected to start soon.
8Project Event: RFQs for the hiring of integrated drilling services are expected by December 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: 2020
8Completion Date: Dec/2022
Click here for more details Details
8Project Cost: Rs 400 crore
8Project Description: Gujarat Natural Resources Limited is soon expected to release a set RFQs for the hiring of integrated drilling services for 10 well development drilling programme at Kanawara block in Gujarat. The necessary clearances for the block have been obtained and the project is expected to start soon.
8Project Event: RFQs for the hiring of integrated drilling services are expected by December 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: 2020
8Completion Date: Dec/2022
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Oil and Natural Gas Corporation Limited's RFQ for the procurement of the bulk high speed diesel for the entire eastern offshore asset has been awarded to HPCL.
8There were three contenders in the race
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8There were three contenders in the race
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8Project Name: 2G Ethanol Bio- Refinery Project
8Project Cost: Rs 865 crore
8Project Description: The owner is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100 KL fuel-grade ethanol per day, primarily from biomass, and will use approximately 457 MTPD of biomass per year at Badaun, Uttar Pradesh. Further RFQs are expected soon.
8Project Event: RFQ for the technology licensor is expected by December 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Dec/2018
8Release Date: Jan/2018
8Start Date: Q2:2019
8Completion Date: Q2:2021
Click here for more details Details
8Project Cost: Rs 865 crore
8Project Description: The owner is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100 KL fuel-grade ethanol per day, primarily from biomass, and will use approximately 457 MTPD of biomass per year at Badaun, Uttar Pradesh. Further RFQs are expected soon.
8Project Event: RFQ for the technology licensor is expected by December 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Dec/2018
8Release Date: Jan/2018
8Start Date: Q2:2019
8Completion Date: Q2:2021
Click here for more details Details
8Project Name: Greenfield LPG Bottling Plant Project
8Project Cost: Rs 195 crore
8Project Description: Owner is planning to construct an LPG bottling plant by installing 3X500MT mounded storage bullets for a bottling capacity of 120 TMTPA at Varanasi, Uttar Pradesh. Currently, the land acquisition process is going on Further RFQs are expected soon.
8Project Event: RFQ for the surveying work is expected by Surveying work is expected by November 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details Details
8Project Cost: Rs 195 crore
8Project Description: Owner is planning to construct an LPG bottling plant by installing 3X500MT mounded storage bullets for a bottling capacity of 120 TMTPA at Varanasi, Uttar Pradesh. Currently, the land acquisition process is going on Further RFQs are expected soon.
8Project Event: RFQ for the surveying work is expected by Surveying work is expected by November 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details Details
The owner is planning to float a bid for an annual maintenance contract for a Delayed Coker Unit with a capacity of 3.8 MMTPA in its existing Kochi refinery.
8The tenure of the contract will be a period of 12 months.
Click on Details for key contacts Details
8The tenure of the contract will be a period of 12 months.
Click on Details for key contacts Details
For reference purposes the website carries here the following tenders:
8Catalyst Replacement Jobs and Replacement of Reformer Catalyst of Refinery Details
8Transportation of Cryovessels Details
8Supply of Activated Carbon at refinery Details
8Hiring of Services for Transportation of 45000 MT of Butene Details
8Laying of underground Hume pipe header of CT-05 and CT-06 at tank farm Details
8Procurement of Casing Lines Details
8Procurement of Hydrocarbon Gas Detectors Details
8Hiring of Operation & Maintenance services of captive power plant at OGT Details
8Supply of Insertion Turbine type Flowmeters at refinery Details
8Repair/ Refurbishment of one set HGPI components for Gas Turbine components of CPP at refinery Details
8Rubber lining and FRP lining of tanks vessels pipes and fittings inclusive of their material supply in DM plant at TPS unit of refinery Details
8Supply, Supervision of Installation & Commissioning of Radar Level Gauges for LPG above Ground Vessels Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India could substitute fossil fuels by cleaner hydro-power from Nepal, Bhutan: World Bank Details
8Refiners look at cutting inventory as oil prices rise Details
8Why Narendra Modi may have to blink on oil prices Details
8India's oil demand growth to slow down over next decades: Reliance Details
8High oil prices a challenge for India's economy though macros sound: Morgan Stanley Details
8India's oil demand to climb to 500 mn tonnes per year by 2040: Indian Oil Details
8India Ratings downgrades debt of IL&FS arm Details
8BPCL, HPCL, IOC shares down over 2% as crude hits fresh 4-year high Details
8Portugal to launch tender of lithium exploration licences this year Details
8US oil producer Hess has no plans to sell remaining Asian assets: Executive Details
8Indonesia's Pertamina backs $100 billion spend to boost oil output Details
8Oil hits 4-year high as OPEC, Russia resist output rise to offset US sanctions against Iran Details
8Northern states agree on uniform fuel rates, form panel for suggestions Details
8Oil prices drop, Brent moves further away from 4-year high Details
8Total to invest $15-17 billion annually through 2020 Details
8India eases oil import rules as it seeks to cut costs Details
8India is said to cut imports of Iranian oil to zero in November Details
8Fuel stations upgrade dispensers to display three-digit rates Details
You can also click on Newsclips for more Details
8Catalyst Replacement Jobs and Replacement of Reformer Catalyst of Refinery Details
8Transportation of Cryovessels Details
8Supply of Activated Carbon at refinery Details
8Hiring of Services for Transportation of 45000 MT of Butene Details
8Laying of underground Hume pipe header of CT-05 and CT-06 at tank farm Details
8Procurement of Casing Lines Details
8Procurement of Hydrocarbon Gas Detectors Details
8Hiring of Operation & Maintenance services of captive power plant at OGT Details
8Supply of Insertion Turbine type Flowmeters at refinery Details
8Repair/ Refurbishment of one set HGPI components for Gas Turbine components of CPP at refinery Details
8Rubber lining and FRP lining of tanks vessels pipes and fittings inclusive of their material supply in DM plant at TPS unit of refinery Details
8Supply, Supervision of Installation & Commissioning of Radar Level Gauges for LPG above Ground Vessels Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India could substitute fossil fuels by cleaner hydro-power from Nepal, Bhutan: World Bank Details
8Refiners look at cutting inventory as oil prices rise Details
8Why Narendra Modi may have to blink on oil prices Details
8India's oil demand growth to slow down over next decades: Reliance Details
8High oil prices a challenge for India's economy though macros sound: Morgan Stanley Details
8India's oil demand to climb to 500 mn tonnes per year by 2040: Indian Oil Details
8India Ratings downgrades debt of IL&FS arm Details
8BPCL, HPCL, IOC shares down over 2% as crude hits fresh 4-year high Details
8Portugal to launch tender of lithium exploration licences this year Details
8US oil producer Hess has no plans to sell remaining Asian assets: Executive Details
8Indonesia's Pertamina backs $100 billion spend to boost oil output Details
8Oil hits 4-year high as OPEC, Russia resist output rise to offset US sanctions against Iran Details
8Northern states agree on uniform fuel rates, form panel for suggestions Details
8Oil prices drop, Brent moves further away from 4-year high Details
8Total to invest $15-17 billion annually through 2020 Details
8India eases oil import rules as it seeks to cut costs Details
8India is said to cut imports of Iranian oil to zero in November Details
8Fuel stations upgrade dispensers to display three-digit rates Details
You can also click on Newsclips for more Details
Project Name: Thermal Power Station - Installation of FGD
8Project Cost: 620.33 crores
8Project Description: The proponent is evaluating the techno-commercial part of the bid for installation of a flue gas desulphurization system package in a thermal power station. Major contractors have been shortlisted for the project. Further, a price bid is expected soon among the shortlisted contractors.
8Project Event: RFQ for a price bid in a 2x500 MW FGD contract is expected by October 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Oct/2018
8Release Date: Oct/2018
8Start Date: 2021
8Completion Date: 2023
Click here for more information
8Project Name: Thermal Power Station: Annual Maintenance Contractor Project
8Project Cost: 3 crores
8Project Description: Owner is planning to come out with an annual maintenance contractor (AMC) for its ash handling system in a 1000 MW thermal power plant. Further bids are expected soon.
8Project Event: RFQ for an AMC contract for its ash handling plant is expected by the Q3 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q3:2019
8Release Date: Q3:2019
8Start Date: Q4:2019
8Completion Date: Q4:2020
Click here for more information Details
8Project Cost: 620.33 crores
8Project Description: The proponent is evaluating the techno-commercial part of the bid for installation of a flue gas desulphurization system package in a thermal power station. Major contractors have been shortlisted for the project. Further, a price bid is expected soon among the shortlisted contractors.
8Project Event: RFQ for a price bid in a 2x500 MW FGD contract is expected by October 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Oct/2018
8Release Date: Oct/2018
8Start Date: 2021
8Completion Date: 2023
Click here for more information
8Project Name: Thermal Power Station: Annual Maintenance Contractor Project
8Project Cost: 3 crores
8Project Description: Owner is planning to come out with an annual maintenance contractor (AMC) for its ash handling system in a 1000 MW thermal power plant. Further bids are expected soon.
8Project Event: RFQ for an AMC contract for its ash handling plant is expected by the Q3 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q3:2019
8Release Date: Q3:2019
8Start Date: Q4:2019
8Completion Date: Q4:2020
Click here for more information Details
8A major power plant owner plans to set up a 50 MW grid-connected solar PV project.
8RFQ for an EPC contractor is coming up.
8Click on details to know more about the scope of work. Details
8RFQ for an EPC contractor is coming up.
8Click on details to know more about the scope of work. Details
8There may be a spurt in LNG prices this winter on heightened Chinese demand but the projection is that prices may be a a little lower in 2019 in relation to 2018. Find out more click on Report .
8The $100/bbl mark may be breached sooner than later, according a mass of reports reaching this website. Know more click on Report .
8Find out how the trade war is going to hurt the shipping industry.Click on Report for more. Details
8The $100/bbl mark may be breached sooner than later, according a mass of reports reaching this website. Know more click on Report .
8Find out how the trade war is going to hurt the shipping industry.Click on Report for more. Details
Why is it that China can afford much higher prices for LNG than India?
8Why is it import prices significantly above $5 per million British thermal units (mmbtu), Indian LNG will continue to disappoint?
8In comparison, Chinese affordability levels are much higher.
8The problem seems to be with how the Indian market is structured
8In the power sector, for example, which has the largest potential to absorb incremental LNG supplies, the record low solar tariffs (e.g. a 2017 auction yielded $0.038/kilowatt-hour) exclude the costs of intermittency, thereby raising questions over whether developers have adequately priced in risk and whether these projects will be completed on schedule. This opens up a potential balancing or bridging role for gas in the power sector, which will only become clearer as renewable project deadlines begin to kick in.
8Like in the power sector, there are several other industrial segments, where real demand for gas is still to be ascertained.
8For India to raise its LNG import volumes significantly, the roadmap is clear but no one seems to be willing to take the bull by its horns
Click on Reports for more Details
8Why is it import prices significantly above $5 per million British thermal units (mmbtu), Indian LNG will continue to disappoint?
8In comparison, Chinese affordability levels are much higher.
8The problem seems to be with how the Indian market is structured
8In the power sector, for example, which has the largest potential to absorb incremental LNG supplies, the record low solar tariffs (e.g. a 2017 auction yielded $0.038/kilowatt-hour) exclude the costs of intermittency, thereby raising questions over whether developers have adequately priced in risk and whether these projects will be completed on schedule. This opens up a potential balancing or bridging role for gas in the power sector, which will only become clearer as renewable project deadlines begin to kick in.
8Like in the power sector, there are several other industrial segments, where real demand for gas is still to be ascertained.
8For India to raise its LNG import volumes significantly, the roadmap is clear but no one seems to be willing to take the bull by its horns
Click on Reports for more Details
The problem with the Indian gas lobby is that it has failed to impress policy makers
8The conversations or presentations are airy but lack substance
8There is a is a distinct lack of convincing work on price elasticity of gas demand from gas analysts, whether from academia, consultancy, or industry.
8So it is difficult to say beyond a cursory look at empirical evidence to arrive at a figure of $5-6/mmbtu as the affordable price of gas in India, at which significantly higher volumes of gas can be pushed into the market.
8For now a combination of poorly targeted price reform, relatively low affordability, infrastructure constraints, and competing renewables targets makes it difficult to be optimistic about short to medium-term gas market potential in India, particularly if it needs to be driven by LNG imports.
Click on Reports for more Details
8The conversations or presentations are airy but lack substance
8There is a is a distinct lack of convincing work on price elasticity of gas demand from gas analysts, whether from academia, consultancy, or industry.
8So it is difficult to say beyond a cursory look at empirical evidence to arrive at a figure of $5-6/mmbtu as the affordable price of gas in India, at which significantly higher volumes of gas can be pushed into the market.
8For now a combination of poorly targeted price reform, relatively low affordability, infrastructure constraints, and competing renewables targets makes it difficult to be optimistic about short to medium-term gas market potential in India, particularly if it needs to be driven by LNG imports.
Click on Reports for more Details
In an interesting insight, it is claimed that both solar and wind energy are reaching their physical limits when it comes to extracting more efficiencies either from a solar cell or a wind mill.
8That the laws of diminishing returns are going to set in soon, when efficiency increases will slow down.
8The physics of using silicon to convert photons into electrons ends at about a 33% conversion (called the Shockley-Queisser Limit.). The most recent announcements of high-efficiency silicon cells with 26% efficiency are approaching the limit. Again, more efficiency is possible, but there are no 10-fold gains left. Then again, The physics limit for a wind turbine, called the Betz Limit, permits capturing about 60% of the kinetic energy in moving air. (Physics dictates that one can never capture 100% of any potential energy.) Modern turbines already exceed 40% capture. That leaves gains to be made, but nothing revolutionary.
8On the other hand, particularly for shale gas, there is still a large efficiency gap to bridge. The underlying geophysics points to a roughly 500% gap between what today’s shale tech can extract and what nature ultimately permits.
8At today’s costs, $1 million invested in a modern wind turbine will produce, over 30 years of operation, about 50 million kWh. And $1 million spent on utility-grade solar panels will produce about 25 million kWh over 30 years.
8Meanwhile, $1 million spent on a shale rig in the US will produce enough natural gas to generate 400 million kWh over the same 30 years.
Click on Reports for more
Comment: Did RIL made a mistake selling its sale gas assets in the US? This is a debate we will undertake next time around. Just when the prospects were looking attractive, why did the RIL brass decide to sell? These and series of wrong decisions taken by RIL's E&P division will be the highlight of our discussions going ahead. Click on Report for more. Details
8That the laws of diminishing returns are going to set in soon, when efficiency increases will slow down.
8The physics of using silicon to convert photons into electrons ends at about a 33% conversion (called the Shockley-Queisser Limit.). The most recent announcements of high-efficiency silicon cells with 26% efficiency are approaching the limit. Again, more efficiency is possible, but there are no 10-fold gains left. Then again, The physics limit for a wind turbine, called the Betz Limit, permits capturing about 60% of the kinetic energy in moving air. (Physics dictates that one can never capture 100% of any potential energy.) Modern turbines already exceed 40% capture. That leaves gains to be made, but nothing revolutionary.
8On the other hand, particularly for shale gas, there is still a large efficiency gap to bridge. The underlying geophysics points to a roughly 500% gap between what today’s shale tech can extract and what nature ultimately permits.
8At today’s costs, $1 million invested in a modern wind turbine will produce, over 30 years of operation, about 50 million kWh. And $1 million spent on utility-grade solar panels will produce about 25 million kWh over 30 years.
8Meanwhile, $1 million spent on a shale rig in the US will produce enough natural gas to generate 400 million kWh over the same 30 years.
Click on Reports for more
Comment: Did RIL made a mistake selling its sale gas assets in the US? This is a debate we will undertake next time around. Just when the prospects were looking attractive, why did the RIL brass decide to sell? These and series of wrong decisions taken by RIL's E&P division will be the highlight of our discussions going ahead. Click on Report for more. Details
A new bunch of entrepreneurs has entered the oil & gas industry through the DSF-1 Round fields because they are chasing the dream of high returns on low investments.
8That's India's discovered fields have provided high returns to investors has been established. Discovery is an expensive process but once discovered, the cost of extraction is low.
8Aside from the DSF-1 stories, here is an example of an Indian entrepreneur, who, having burnt his hands in a range of businesses, has eventually found his pot of gold in an oil & gas field.
8The field has just gone into production.
8He plans to add more value by raising his reserves and drilling additional wells.
Click on Reports for more Details
8That's India's discovered fields have provided high returns to investors has been established. Discovery is an expensive process but once discovered, the cost of extraction is low.
8Aside from the DSF-1 stories, here is an example of an Indian entrepreneur, who, having burnt his hands in a range of businesses, has eventually found his pot of gold in an oil & gas field.
8The field has just gone into production.
8He plans to add more value by raising his reserves and drilling additional wells.
Click on Reports for more Details
While India is making big strides in renewable energy, the Chinese have a bigger story to tell.
8Wind market: China installed 40 percent of global wind capacity in 2015. In 2016, China installed nearly three times as much wind power as the United States. China owns five
of the world’s ten largest wind-turbine manufacturers. The country installed 18 off-shore wind projects in 2017. Six of those projects counted among the 20 largest wind deals worldwide.
8Solar market: China accounted for 60 percent of global solar cell production in 2017. China owns five of the world’s six largest solar manufacturing companies, and those companies have acquired a number of their international competitors in recent years. China installed at least 50 GW of new solar capacity in 2017, compared with the United States’s addition of 10.6 GW solar capacity.
8China also recently surpassed the United States as the largest market for electric vehicles.
Click on Reports for more Details
8Wind market: China installed 40 percent of global wind capacity in 2015. In 2016, China installed nearly three times as much wind power as the United States. China owns five
of the world’s ten largest wind-turbine manufacturers. The country installed 18 off-shore wind projects in 2017. Six of those projects counted among the 20 largest wind deals worldwide.
8Solar market: China accounted for 60 percent of global solar cell production in 2017. China owns five of the world’s six largest solar manufacturing companies, and those companies have acquired a number of their international competitors in recent years. China installed at least 50 GW of new solar capacity in 2017, compared with the United States’s addition of 10.6 GW solar capacity.
8China also recently surpassed the United States as the largest market for electric vehicles.
Click on Reports for more Details
Going hybrid is the new buzzword.
8Combine solar or wind with diesel, or with battery storage or with grid power, and you can get a hybrid model going.
8But a new low cost model is in offing: combining renewable with nuclear power.
8The excess heat can be stored within a reactor and released when required, or when renewable generation is low.
8And this model is also supposedly cost-effective
Click on Reports for more Details
8Combine solar or wind with diesel, or with battery storage or with grid power, and you can get a hybrid model going.
8But a new low cost model is in offing: combining renewable with nuclear power.
8The excess heat can be stored within a reactor and released when required, or when renewable generation is low.
8And this model is also supposedly cost-effective
Click on Reports for more Details
