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NAPTHA BASED PLANTS
NTPC asked to shift Kayamkulam plant to other locationSources said the state wants to shift the plant, which is fuelled by naphtha, to a place well connected with a gas pipeline.- Govt plans to extend subsidy payments to Mangalore Chemicals and Fertilisers, 2 othersThe govt wants to ensure there is no shortage of urea in southern states, as there is only one active urea plant for the four southern stat...
- MCFL, 2 others seek subsidy for urea plants beyond April 16The government had asked these companies to convert their plants into gas-based, but in absence of gas-connectivity these plants are forced...
- MCFL swings to Rs 29.32 crore net loss in December quarterDuring the December 2014 quarter, the company's sales declined as production came down following the shut down of its lone urea plant.
- Haldia Petrochemicals closure impact minimal on Indian Oil Corporation"We have switched to other product mix at Haldia refinery in the wake of closure of HPL and so the impact is not much," IOC's Y K Gupta sai...
- MCFL and 2 other naptha-based plants resume production: Ananth KumarRecently, Deepak Fertilisers had said it has sold over 26 lakh shares, representing 2.2 per cent stake, in MCFL.
- Coal gasification alternative mode of feedstock for urea: Ananth KumarKumar had also discussed this matter recently at a high-level meeting with Petroleum Minister Dharmendra Pradhan, Power Minister Piyush Goe...
- Provide gas pipeline connectivity to MCFL, two others: Ananth KumarAnanth Kumar said that arrangements should be made to provide gas pipeline connectivity to the Naptha-based fertilizer plants including MCF...
- Fertilizer Ministry to move Cabinet for continuing subsidy to MCFL, others"The Karnataka Chief Minister Siddaramaiah requested for restarting the MCFL, I explained him the subsidy burden as urea's cost of producti...
- MCFL shuts urea plant as government permission expiresSources also added that further extension to these plants at the moment seems difficult as it will result in additional subsidy burden.
- Gas-based plants in India not viable: Piyush GoyalGas-based plants in India are not viable because there is not enough gas in the country and Naptha-based plants produce costly energy, said...
- Thermax hits 52-week high on Rs 503 crore EPC order winThermax has won a Rs 503 crore turnkey contract from a government enterprise for setting up a captive power plant for a new 3 million tonne...
- Thermax bags Rs 503 crore order for captive power plantThermax has won a Rs 503 crore turnkey contract from a government enterprise for setting up a captive power plant.
- Expect to maintain margins at current levels: Zuari IndustriesIn a chat with ET Now, Suresh Krishnan, MD, Zuari Industries, shares his views on company's finances and future strategies.
- Zuari in process of acquiring land for urea plant in KarnatakaZuari Industries Ltd on Wednesday said it is in the process of acquiring land to set up a Rs 5,000 crore gas-based urea plant in Karnataka.
- Haldia Petro to shut plant for capacity expansionHaldia Petrochemicals (HPL) on Tuesday said it would shut down its plant for almost two months starting from October this year to carry out...
- Govt to start 'on-line monitoring' of fertiliserChemicals and Fertiliser Minister Ram Bilas Paswan on Thursday said the Government will start district-wise 'on-line monitoring' of fertlil...
- IOC naphtha cracker project delayed till ‘09Indian Oil Corp's (IOC) naphtha cracker unit in Panipat has been delayed by a year with operations now scheduled to begin in September 2009.
- Govt plans duty waiver for power plants using LNGThe government is considering the power ministry’s proposal to waive custom duties on LNG being used by existing power plants.
- Goa seeks 60 MW additional power from CentreGoa Chief Minister Pratapsingh Rane has sought 60 MW of additional power from the Centre.
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