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NAPTHA PLANT
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.
- Tamil Nadu Government to forego VAT on naptha for two fertiliser plantsHe recalled that following a demand by his predecessor J Jayalalithaa in June, subsidy for the two plants had been extended upto September.
- 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...
- Public Sector Fertiliser major FACT to invest Rs 6500 crore by 2020FACT will be undertaking a total investment of Rs 6,500 crore by 2020 to achieve a turnover of Rs 7,000 crore and a profitability level of ...
- 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.
- Haldia Petrochemicals Ltd offers idle capacity to raise fundsTo improve cash flow, Haldia Petrochemicals Ltd (HPL) has floated an expression of interest for companies keen to utilise its idle capacity.
- Supreme Court asks RIL to pay Rs 50 crore to BPCLThe Supreme Court on Monday asked Mukesh Ambani-owned Reliance Industries to pay Rs 50 crore within two weeks to BPCL for the price differe...
- 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...
- Dabhol power project restartsThe beleaguered Dabhol power project has been re-started after a gap of nearly four months, Power Minister Sushilkumar Shinde said on Thurs...
- Maha to buy electricity from Dabhol power projectMaharashtra Government has agreed to buy electricity from the Dabhol power project at Rs 5.01 per unit and the plant is likely to be re-sta...
- Dhabol plant to restart generation from OctRatnagiri Gas and Power Pvt Ltd, the new owner of Dabhol Power Project is likely to restart generation from next month, Power Secretary R V...
- Deshmukh seeks more fuel for Dabhol power projectMaharashtra Chief Minister Vilasrao Deshmukh on Wednesday urged Union Petroleum Minister Murli Deora to ensure supply of adequate fuel for ...
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