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Economic Policy;Trade & Investment;Chemicals & Fertilizers

India waives import taxes on critical petrochemicals until June 30 amid Middle East supply disruptions

India has exempted import taxes on over 40 petrochemical products, including methanol, PVC, and PTA, effective April 2 through June 30. The move responds to Middle East conflict-driven supply chain disruptions and aims to relieve downstream industries facing rising input costs.

India | 2 weeks ago

Renewable Energy

India mandates domestic sourcing for solar ingots and wafers under expanded ALMM framework

The Ministry of New and Renewable Energy has extended its Approved List of Models and Manufacturers to include solar ingots and wafers. Effective June 2028, this policy aims to reduce import reliance and enforce backward integration across the domestic solar supply chain.

2 weeks ago • India

Chemicals & Fertilizers

Indian government withdraws QCO certification for seven additional petrochemicals

The Government of India has withdrawn 14 BIS quality control orders covering key petrochemicals, polymers, and fibre inputs. The move is intended to improve raw material availability, reduce compliance burdens, and support MSMEs in downstream manufacturing sectors reliant on imported and domestically sourced intermediates.

2 weeks ago • India

Latest News

Energy & Power | 3 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 3 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 3 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 3 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.