Two bidders entered the pre-bid room with a list of demands.
8Some were accepted. Others triggered tighter controls instead.
8Specs were relaxed, but ownership norms stiffened.
8It is interesting how in such a tender queries can lead to tighter norms

How does fast track arbitration pipeline work for foreign oil & gas bidders?
8It is good for India, but what about foreign bidders?
8Clearly, there are questions of all kind

The warranty has been doubled to two years
8And the penalty pushed up to 10%
That is a dramatic change from the terms set when the tender came out originally

This is a Rs 5000 crore ONGC project
8And the company recalibrates its bid evaluation method, sharply increasing technical criteria to command a decisive 70% share.
8The price weight is down to just 30%.
8Lifecycle-cost analysis now carries significant weight, and a robust digital twin proposal is essential.
8Contractors relying solely on aggressive pricing must reconsider their strategies.
8Engineering excellence becomes the cornerstone of winning bids.

The GeM listing has now vanished, with no explanation from the buyer, in this case MRPL.
8This meant that the a tender where one pre-named consultant was allowed to bid and others automatically rejected was withdrawn hastily
It is quite an eyebrow raising tale indeed

An Oil India rig tender issued with standard fanfare in July 2024 closed in August.
8And then slipped into silence. No awards. No cancellation notice. Just a void.
8Now, months later, an eerily similar tender has resurfaced, with softer financial terms and broader compliance options.

8ONGC overbid by a big enough number

Chairman resigns in this high profile private sector company
8Two fresh appointments at the top
8Also this is the second departure of high ranking officials

8Acquisition of Kuiper Group by wholly owned subsidiary [Asian Energy]
8Asian Energy Services enters global markets with strategic acquisition of Kuiper Group to offer O&M services internationally [Asian Energy]  
8India eyes ending import tax on U.S. ethane and LPG in trade talks
8Change in director of the company [Petronet]
8Update on change in contact of registrar and transfer agent (RTA) [HPCL]
8Appointment of independent directors, resignation of chairman, and committee reconstitution [HOEC]

8Project Name: Patna District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Project Name: Varanasi District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

8A traditionally home?market player steps onto the international stage,
8By adding a worldwide manpower provider to its subsidiary roster and broadening its energy-services portfolio.

8Dimethyl Carbonate prices declined sharply in the Mumbai market today as traders and sellers responded as reduced buyer participation

8The price of SEBS Garde - 503 has seen a sharp increase in the Delhi market

8On April 21, the price of Carbon Black Grade N220 in the Delhi market witnessed a sharp increase

8A slight dip in the price of ABS Grade 920 has caught the attention of players in the plastic industry

8The domestic diisononyl phthalate (DINP) prices in the Ahmedabad market were higher today

8In the Mumbai domestic market, prices for DIBP (Diisobutyl Phthalate) have seen a slide, according to Indian Petrochem analysts

8Today reflected a decline in LDO (Light Diesel Oil) prices within the Ahmedabad Energy market, indicating a shift in market trends

8Today, the Chennai market has seen LLDPE (E24065) prices going up

8The Delhi market witnessed a cut in liquid alkali prices today, reflecting an ongoing supply glut and weak demand from key downstream sectors

8The Mumbai market witnessed a sharp decline in Superabsorbent Polymer (SAP) prices today, reflecting an ongoing supply glut and weak demand from key downstream sectors

8Formic acid prices in the Mumbai market were sharply up today

8Indian Petrochem analysts reported a cut in Purified Terephthalic Acid (PTA) (Domestic intact) prices in today's Mumbai market

8Indian Petrochem analysts have reported a price drop for Isobutanol in the Mumbai market