Market News Today

AAI invites bids for a ₹93.19 lakh solar power plant at Srinagar Airport. The project, including ₹73.56 lakh for DSITC and ₹19.62 lakh for 8-year maintenance, must be completed in three months.

SWREL secured ₹1,772 crore in solar EPC contracts, including 943 MWp in India (Rajasthan, UP) and 115 MWp in South Africa. Total FY inflows exceed ₹3,775 crore, with projects due by Q1 FY2027, strengthening global presence.

Alandi Municipal Council to repair roads before Kartiki Ekadashi next month, attracting lakhs of warkaris. Maharashtra sanctions ₹1 crore grant for urgent pothole repairs and beautification projects, ensuring completion before the pilgrimage.

Mumbai-Goa highway (466 km) is 95% complete after 14 years, costing ₹7,300 crore. It will halve travel time to 6 hours by March 2026, featuring satellite-based tolling.

UPERC invites public feedback on Draft Regulations for Captive and Renewable Energy Plants (2024-2029). Submit comments by May 30, 2025, for a public hearing on June 3, 2025, shaping Uttar Pradesh's energy future.

Pune Airport saw a record cargo surge during Diwali 2025, handling over 222 metric tonnes of freight between Oct 15-16. This highlights Pune's growing role as a logistics and export hub, driven by e-commerce and improved infrastructure.

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) has announced a ₹1,000 per metric ton increase in Acetic Acid prices, effective October 28, 2025. The revised basic prices are now set at ₹32,500 per metric ton for tanker loads and ₹45,000 per metric ton for carboys, ex-GNFC, against immediate payment terms.

China XLX Fertiliser's profit margins were impacted by oversupply and low urea prices. Declining melamine prices in the first nine months, due due to weak construction demand, further affected the company.

India’s SK Minerals & Additives secures technical grade urea supply order with Bharat Petroleum. SK Minerals to deliver technical grade urea to BPCL's four manufacturing plants.

Additional styrene units push up total capacity to around 23.52 mln t/y. China's total styrene capacity continued to increase in the month, thanks to operations of newly-added units, but the further rising supply destroyed producers' profits, and the product imports are anticipated to drop in the remaining days.   Though PetroChina Jilin Petrochemical's 140,000 tonnes/year styrene unit was phased out, the total capacity.