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India's ageing ammonia plants need upgradation, says industry body FAIIndia's fertiliser sector faces a challenge with its heavy reliance on imported natural gas. The Fertiliser Association of India is urging ...- Matix Fertilisers to invest Rs 2,600 crore in specialty chemicals forayMatix Fertilisers and Chemicals is diversifying into specialty chemicals with a Rs 2,600 crore investment, establishing an isopropyl alcoho...
- GEECL claims more than Rs 100cr from Matix Fertilizers over GSPA disputeGreat Eastern Energy Corporation Limited (GEECL) claims over Rs 100 crore from Matix Fertilisers & Chemicals Limited for breaching the term...
- Essar arm EPC's liquidator files pleas to recover dues from MatixIn the first case, Matix owes EPCCIL for some work done by the company in 2010. Matix had proposed to issue 250 million cumulative redeemab...
- Govt planning to liberalise MDA policy to promote alternative fertilisers: Mansukh MandaviyaAt present, the government gives MDA of Rs 1,500 per tonne in the form of subsidy for scaling up production and consumption of city compost...
- GAIL puts West Bengal on India's gas-map, hurl in greener, cheaper fuel for homes, automobilesThe 348-kilometer pipeline from Dobhi in Bihar to Durgapur in West Bengal is part of the Pradhan Mantri Urja Ganga project to take environm...
- Court allows Chanda Kochhar's brother-in-law Rajiv Kochhar to travel abroadChanda and her husband Deepak along with Rajiv have been questioned by the ED, which is probing the case under the PMLA.
- Kochhars may have diverted 'kickbacks' to tax haven: Enforcement DirectorateThe former ICICI boss is being investigated over allegations of quid pro quo for loans to firms.
- Rs 389 crore loans at centre of ED’s probe of KochharsAt the heart of this case is money received as loans by NuPower from Videocon & Firstland.
- ICICI Bank loan row: Anatomy of a 'quid pro quo' dealA sum of Rs 453 crore was allegedly routed through two Mauritius-based companies- Matix Group and its holding entity Firstland Holdings Ltd...
- Whistle-blower levels fresh allegations of quid pro quo deals against ICICI's Chanda KochharIt is now being alleged that Ruias of Essar got undue favours from ICICI Bank for round-tripping investments into Deepak Kochhar's NuPower ...
- Whistleblower levels fresh allegations against KochharOn Mar '16, he had written letter to PM alleging dirty dealings between bank & Videocon Group.
- Essar Group eyes Rs 600-crore turnover from CBM in FY19According to Tawde, Matix Fertilisers in Durgapur will purchase its full capacity production of 2.2 million standard cubic meters per day a...
- Essar Group eyes Rs 600-crore turnover from CBM in FY19The group’s CBM assets include 5 blocks that hold an estimated 10 trillion cubic feet of coal bed methane spread over 2,700 sq km across We...
- Revival of 5 sick urea units to add 72 lakh to production: GOIIn a written reply to the Parliament, the minister informed that the government was reviving five closed fertilizer plants of Fertilizer Co...
- Essar's Raniganj block becomes India's first CBM asset to cross 1 million scmd production milestoneThis makes Essar the country’s largest unconventional gas player.
- Essar Oil to ramp up coal gas production in BengalEnergy multinational Essar Oil is in the process of ramping up production of coal bed methane by four times.
- Essar’s Raniganj coal bed methane ssset in West Bengal crosses 0.5 million scmd productionEssar Oil’s gas production at its Raniganj asset in West Bengal has crossed 0.5 million standard cubic metres per day (scmd), thereby makin...
- Matix to invest Rs 5,000 crore on phase 2 of Panagarh urea projectThe company is planning to use coal bed methane (CBM) gas as feedstock which will be sourced from Essar Oil's Raniganj block. For this, a d...
- No end to Coal bed methane gas pricing troubles, Essar oil too cries foulCBM is turning out to be the next flashpoint between the govt and private sector energy cos as Essar Oil plans to seek flexibility in prici...
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