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New Delhi, Apr 9 (PTI) The government has stepped up supplies of critical petrochemical feedstock to the pharmaceutical industry to ensure uninterrupted production of essential medicines, as global supply chains remain strained due to the crisis in West Asia. Prior to the West Asia conflict, the pharmaceutical industry imported a bulk of its petrochemical feedstock, mostly in Kandla, Gujarat, from where the logistics chain took them to factories. The war, however, has disrupted those imports, w ...Read More >
The first vessel is to estimated to be delievered in October 2029, with subsequent deliveries scheduled at four-month intervals.Shares of Swan Defence and Heavy Industries Ltd. are in focus on Tuesday, April 7, after the company said it received a Category 4 order from Energy ONE Ltd. to construct four 92,500 deadweight tonnage (DWT) dual-fuel ammonia bulk carriers. Swan Defence classifies orders in the ₹1,501 crore to ₹3,000 crore range as 'Category 4'. The first vessel is to estimated to ...Read More >
Mumbai, Apr 7 (PTI) Shipbuilding and heavy fabrication firm Swan Defence and Heavy Industries Limited (SDHI) on Tuesday said it has secured an order from Energy ONE Ltd to construct four dual-fuel ammonia bulk carriers. The first vessel under the Category 4 order is expected to be delivered in October 2029, with subsequent deliveries scheduled at four-month intervals, SDHI said. An order valued between Rs 1,501 crore and Rs 3,000 crore falls under Category 4. These Category 4 vessels will be ...Read More >
Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. Also Read | WWE SmackDown Free Live Streaming Online, April 3: Get Wrestling Weekly E ...Read More >
Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. "Pharmaceuticals are affected. Raw materials which are used for manufacturing formula ...Read More >
Paradip (Odisha) [India], April 2 (ANI): The Paradip Port Authority (PPA) achieved a historic milestone by joining the elite '155+ Million Metric Tonnes (MMT) Club.' The port recorded its highest-ever cargo throughput of 156.45 MMT during FY 2025-26, marking a 4.01% growth compared to the previous financial year. This performance stands as the best in the port's history since it first became operational in 1966. Despite challenging market conditions, such as a decline in export demand for iro ...Read More >
New Delhi: The government on Thursday exempted customs duty on select critical petrochemical products for three months till June 30, aiming to cushion domestic industries from supply disruptions triggered by the ongoing West Asia conflict. Describing the move as a "temporary and targeted relief", the Finance Ministry said it will help ensure availability of key inputs, reduce cost pressures and maintain supply chain stability. The measure is expected to cost the exchequer about Rs1,800 crore. ...Read More >
New Delhi, April 2: The government on Thursday exempted import of critical petrochemical products from customs duty for three months till June 30, giving relief to sectors like pharmaceuticals, chemicals and textiles, and ensuring supply stability amid the ongoing West Asia crisis. The "temporary and targeted relief" will cost the exchequer about Rs 1,800 crore, but help ensure price stability, continuity in production and supply chain, CBIC Member (Tax Policy), Sanjay Mangal told reporters at ...Read More >
New Delhi [India], April 2 (ANI): Congress Member of Parliament Manish Tewari on Thursday questioned the long-term effectiveness of the Government's decision to slash excise and customs duties, calling it a 'band-aid approach' for a much larger global energy crisis. Tewari, while speaking to the reporters, said, "... One can only manage a contingency by reducing excise and customs duty. The main point is up to what extent this band-aid approach would work, if we do not get sufficient crude oil ...Read More >
NEW DELHI, April 2 (Xinhua) -- The Indian government on Thursday announced full customs duty exemption on a range of critical petrochemical products to ensure supply stability and shield the domestic industry and consumers from the impact of disruptions caused by the ongoing conflict in the Middle East. The exemption, which covers 40 key products, including anhydrous ammonia, methanol, toluene, styrene, vinyl chloride monomer and polybutadiene, will remain in force until June 30. According to ...Read More >
The government on Thursday (April 2, 2026) exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. On global tensions and India's ...Read More >
New Delhi: The Centre has exempted 40 critical petrochemical feedstocks and intermediates from customs duties until June end to shield domestic industries from supply issues caused by the Iran war, the Finance Ministry announced on Thursday. This includes vital inputs such as ammonia, which plays a key role in fertilizer production and supports India's food security needs. The ministry described the action as a "targeted relief" aimed at guaranteeing the steady flow of essential petrochemicals ...Read More >
NEW DELHI: The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the finance ministry ...Read More >
NEW DELHI: The Centre has exempted 40 critical petrochemical feedstocks and intermediates from duties to cushion domestic industry from supply disruptions triggered by the Iran war, the finance ministry said on Thursday. The relief, which will be in place until end-June, covers key inputs such as ammonia used in fertilizer production, a critical component for food security. The ministry described the move as a "targeted relief" aimed at ensuring the availability of essential petrochemical inpu ...Read More >
New Delhi: In light of the ongoing conflict in West Asia and the consequent disruptions in global supply chains, the Government of India has decided to provide full Customs Duty exemption on critical petrochemical products till 30th June, 2026, the Finance Ministry said on Thursday. This measure, according to the ministry, has been taken as temporary and targeted relief to ensure the continued availability of critical petrochemical inputs for the domestic industry, reduce cost pressures on down ...Read More >
New Delhi, Apr 2 (PTI) The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the fina ...Read More >
New Delhi: The government is considering increasing financial support and other incentives for coal gasification, minister for coal and mines G Kishan Reddy said Wednesday. Coal gasification is an immediate substitute for some petroleum products and imported ammonia, Reddy said on the sidelines of an event to sign a land lease pact for Bharat Coal Gasification and Chemicals' upcoming project in Odisha. Describing coal gasification as a key transformative technology, Reddy said it converts coal ...Read More >
Mumbai, April 1: The ongoing conflict in West Asia could begin to impact condom supply, as disruptions in the flow of key raw materials raise concerns over potential production slowdowns and rising costs. Industry observers warn that if the situation persists, it may eventually affect availability and pricing in retail markets. Supply stable for now While retail supply, especially in Mumbai, remains unaffected for now, concerns are growing about the long-term impact if the conflict continues. ...Read More >
The manufacture of condoms relies heavily on two critical inputs: silicone oil (used as a lubricant) and ammonia (essential for stabilising latex). The ripple effects of the ongoing US-Israel-Iran war in the Gulf region are now impacting an unlikely sector - India's Rs 8,000 crore worth condom manufacturing industry. According to a report by The Indian Express, disruptions in petrochemical supply chains have triggered shortages of key raw materials, affecting the country's condom manufacturing ...Read More >
New Delhi: Indians buying condoms could soon bear the brunt of the ongoing war in the Middle East between US-Israel and Iran. Condom prices are expected to jump as the multi-billion condom manufacturing industry in India is facing supply disruptions and rising costs of raw materials. Prices of ammonia (essential for stabilising latex) and silicone oil (used as lubricant) are likely to increase significantly due to global shortage triggered by the war. India's $1.7 billion contraceptive market ...Read More >
New Delhi, Water Minister Parvesh Sahib Singh on Monday launched the DJB's annual 'Summer Action Plan', focusing on improving the water distribution system, AI integration and long-term planning. Singh said that the Delhi Jal Board has deployed 1,221 water tankers this summer season to provide water to deficit areas and increase water production through additional tubewells. All the tankers will be tracked through the GPS. "Despite challenges, we are working to provide drinking water to the gr ...Read More >
New Delhi: The Department of Fertilisers exchanging Green Ammonia agreements for 11 projects under the National Green Hydrogen Mission will reduce carbon emissions and ensure long-term energy security and self-reliance, said Union Minister of Chemicals and Fertilisers, JP Nadda on Tuesday. He called the exchange of Green Ammonia Agreements a historic step in India's journey towards sustainable fertilizer production, adding that the initiative reflects the government's unwavering commitment to b ...Read More >
NTPC Green Energy (subsidiary of NTPC) announced the declaration of commercial operations of the following projects of its wholly owned subsidiary NTPC Renewable Energy: (i) The twelfth and the last part capacity of 78.02 MW out of 1255 MW Khavda-I Solar PV Project located in Gujarat, w.e.f. 31 March 2026. (ii) The sixth part capacity of 90 MW out of 1200 MW Khavda-II Solar PV Project located in Gujarat, 31 March 2026. The current commercial capacity of NTPC Green Energy Group stands at 9,907 ...Read More >
New Delhi, Mar 31 (PTI) Domestic green ammonia supply to Indian fertiliser companies under landmark contracts signed this week will not be available before 2028, as producers need to first construct new manufacturing plants, industry executives said on Tuesday. Five fertiliser companies -- IFFCO, Coromandel International, Paradeep Phosphates (PPL), Ostwal and Indorama India -- on Monday signed 10-year agreements to procure 6.7 lakh tonnes of green ammonia annually from five domestic producers u ...Read More >
Synopsis: India's push to expand PNG infrastructure and blend green hydrogen signals a structural shift in energy. Supported by policy incentives and cost advantages, it creates long-term demand for gas and hydrogen players. Companies across production, transmission, and distribution stand to benefit, with early movers likely gaining the most from this transition. India is stepping up the shift towards cleaner sources of energy by investing in PNG infrastructure and launching green hydrogen ble ...Read More >
NEW DELHI: With another intense summer approaching, Delhi govt on Monday unveiled its Summer Action Plan 2026-27 to shore up water supply, tighten sewer management and accelerate the clean-up of the Yamuna, while rolling out digital tools to improve grievance redressal and transparency.Launching the plan at the DJB headquarters in Jhandewalan, water minister Parvesh Verma said the focus will be on maintaining peak production, plugging distribution gaps and ensuring accountability in tanker opera ...Read More >
New Delhi: NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India Limited (SECI) to supply green ammonia under the Government of India's flagship National Green Hydrogen Mission. The agreement, executed on March 30, 2026, marks a significant step forward in India's transition to clean fuels and industrial decarbonization. This agreement reinforces NTPC's ...Read More >
New Delhi, Mar 30 (PTI) The widening conflict in West Asia has driven a sharp 60 per cent surge in feedstock natural gas prices for fertiliser plants which is expected to raise the government's subsidy burden. With the conflict disrupting energy supply lines, supply of natural gas -- a primary feedstock for producing ammonia, which is the building block for nitrogen-based fertilisers -- has been restricted to 80 per cent of the demand. To meet the deficit, fertiliser companies are buying lique ...Read More >
NEW DELHI: Domestic urea manufacturing has been hit due to the West Asia crisis, with production falling to 18 lakh tonnes this month from the earlier average of 24 lakh tonnes. But the output is set to increase with greater availability of LNG, procured through "spot buying" every fortnight, officials have said.The govt has maintained that there is an adequate stock of fertilisers and is tapping alternative sources to boost supplies, even as urea units that had taken annual maintenance shutdown ...Read More >
New Delhi, Mar 30 (PTI) Union Chemicals and Fertilisers Minister J P Nadda on Monday said India has enough fertiliser stocks to meet domestic demand and urged farmers not to panic amid the ongoing crisis in West Asia. "Not only this crisis, India has seen several crisis. We are very much sufficient in fertiliser supply. There is no need to fear," Nadda said at the signing of a supply agreement on green ammonia between fertiliser companies and green ammonia developers. Describing the agreement ...Read More >
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