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8Project Name: Bhubaneswar-Khordha District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8Three domestic firms qualify

CPCL Nitrogen PSA Rental Tender Gets 9 Extensions Amid Tight Clauses, Conflicting Risk Allocations
8Chennai Petroleum’s tender for installation of a nitrogen PSA generator on rental basis has been extended for the ninth time till July 24, amid intense bidder pushback on risk-sharing clauses, ambiguity on civil scope, and lack of alignment with hiring contract norms.
NRL ESG Strategy Tender Sees QCBS-Driven Push with Elite Consulting Pool, Deadline Extended Amid Revised Clarifications
8Numaligarh Refinery’s ESG consultancy tender gets a 10-day extension and a clarified bidder query window. With Big 6 firms invited and tight technical thresholds under QCBS, the bid signals NRL’s intent to shape a climate-credible roadmap before its 2038 net-zero target

Deadline Push for BPCL HDD Tender Reflects Execution Pressure, Pre-Bid Bottlenecks
8July 25 extension offers bidders breathing room amidst stiff equipment compliance norms, but BPCL’s risk of monsoon-induced schedule slippage rises.
BPCL’s EPCC Tender for Bina Petrochemicals Swing Unit: Timeline Extended to August, Key Risk Clauses Recast
8The LLDPE/HDPE Swing Unit tender under BPREP has seen five bid extensions and 24+ commercial amendments. BPCL has clarified latent defect liability, restructured delay penalties, added policy compliance clauses, and reshuffled contractual precedence—placing significant diligence burden on EPC contractors.
CPCL Pushes Strategic Vision Tender Deadline Amid Consultant Screening Bottlenecks
8Chennai Petroleum’s bid deadline for Vision 2035 consultancy sees multiple extensions, hinting at delays in bidder response and document compliance. With tight zero-deviation norms and QCBS evaluation, this tender underscores CPCL’s intent for high-impact corporate realignment.
Bina Petchem’s Water Block Tender Drags as BPCL, EIL Extend Bid Deadline Four Times Amid Tight BQC
8Bidders face mounting compliance hurdles as EIL reaffirms strict documentation and technical requirements for BPCL’s water block package. Four bid extensions hint at industry hesitation over qualification scope and ZLD guarantees.
GAIL Pushes Bid Deadline to July 28 for Pata Chemical Treatment Tender; Technip Approval a Key Gatekeeper
8GAIL has extended the deadline for its high-specification chemical treatment tender at Pata's Gas Cracker Units. But a narrow eligibility filter—requiring Technip Energies’ prior approval—restricts competition sharply.

ONGC’s E-3050 Tube Bundle Tender Piles Offshore Risk on Bidders with Split Design Mandate, Tight Turnarounds
8ONGC’s offshore tender for replacing a critical PGC cooler bundle demands a split-weight design to meet crane limitations and mandates full turnkey accountability—from fabrication to installation.
8With high technical scrutiny, no pre-bid window, and dual-stage PBG structure, the burden falls squarely on contractors.
8A textbook case of offshore complexity with no room for deviation.
Emerson Wins with No EMD, No PBG, and Full Price Revision Rights
8The company secures a rare supply contract without standard financial securities—a trust-based model ONGC may be replicating across control systems.
ONGC’s Digital Push Raises Entry Bar for IT Vendors with High-Stakes 3-Year Empanelment
8ONGC's empanelment tender for digital transformation projects sets stringent technical thresholds and mandates third-party certification, eliminating bidders with ERP-only experience.
8The bid structure—scored entirely on technical merit—sidesteps L1, signaling a shift toward capability-first contracting.
8But opaque post-empanelment terms and open-ended risk allocation keep contractors guessing.
ONGC Locks Contractor to Nhava Weighbridge Ops with Volume-Protected Minimums, Silent on Tech Upgrade Path
8ONGC’s three-year weighbridge operation tender at Nhava Supply Base introduces a volume-backed minimum payout structure and defines strict deduction penalties for service lapses.
8Yet, the contract sidesteps automation incentives despite recent commissioning of an 80 MT weighbridge.
8Absence of digital integration goals suggests an operational, not transformational, intent.

Bgrtech Wins Rs 53.5 Cr OIL India SPF Tender with 7% Undercut; Aggressive Margin Play Signals Rising Competition
8In OIL’s high-value SPF hire contract, Bgrtech clinched L1 with a bid of Rs 53.54 Cr, undercutting L2 by ~7% and L3 by ~14%.
8The tight spread reflects margin compression amid increased vendor appetite for long-cycle oilfield O&M contracts.
ONGC Pays 15% Premium for Jaisalmer Drill Site Works Amid Low Bidder Turnout
8In an ARC tender for post-rig civil and R&M works, ONGC awarded the contract to Kan Singh Construction at 15% above estimate.
8The low bidder spread and limited competition signal conservative contractor positioning for remote basin jobs.
Fugro, CMCE Split Rs 192 Cr OIL Survey Tender; Deepwater Scope Drives 4X Cost Differential
8In a dual-schedule offshore survey contract, Oil India Limited awarded Rs.155.65 Cr to Fugro for deep-sea work and Rs.36.65 Cr to CMCE for shallow blocks.
8Pricing indicates high capex loading for deepwater instrumentation — and strategic bidder segmentation by OIL.
Aditi R&D Clinches Rs 13.4 Cr Charter ETP Contract from OIL in Assam
8In Oil India’s latest Assam ETP hire tender, Aditi R&D emerged L1 with a Rs 13.4 crore quote.
8Competitive pricing and full-scope O&M responsibilities suggest a modest-margin, compliance-driven execution environment.
GTC Techno Undercuts Rivals by 13% to Secure OIL India’s Multi-State Rig Charter
8GTC Techno Exploration Pvt Ltd has emerged L1 with a bid of Rs 53.28 crore for OIL India’s 550-750 HP rig charter in Odisha, Assam, and Arunachal.
8With a 13% price gap to L2 bidder, the award hints at lean margins and rising price aggressiveness in the rig leasing segment.

Haldia Petrochemicals is in a tough market space, surrounded  by global capacity and stagnant prices
8OPBDIT margins were modest at 2.8% for FY2025, reflecting ongoing challenges in the petrochemical market.
8There is a big capex operation already on, and the debt burden is big
8Assets had to be sold to prop up the company but hopefully the future is brighter than what it is today
8Find out more on what is going on

Supermax Boiler Wins Rs.2.79 Cr ONGC Uran AMC with Razor-Thin Margin over Shakshi Engineering
8In ONGC’s high-spec boiler AMC for Uran plant, Supermax edged past Shakshi Engineering by just Rs.35,000 — a wafer-thin 0.13% margin — pointing to intense cost realism and close vendor benchmarking in long-term O&M work.
Spectron Bags ONGC’s 5-Year Detector Calibration Contract with 9% Lead Over SMEC
8In ONGC’s offshore fire & gas detector calibration tender, Spectron Engineers edged out SMEC by a slim 9% margin, signaling a mature pricing contest with no signs of extreme undercutting.
RKE Wins ONGC Ankleshwar Calibration Tender at Steep Undercut; L3-L6 Trail by Over 100%
8ONGC’s 3-year ARC for relay and meter calibration saw a tightly fought L1-L2 race, with RKE Engineers edging out by just 2.36%.
8A stunning 110% price jump from L2 to L3 flags deep cost divergence, raising questions on bidder strategy and scope interpretation.
OIL Awards Gas Well Compliance Contract at Steep Undercut as L1 Bids 78% Below Next Competitor
8In a striking bid gap, M.P. Transport Carriers secured a 2-year contract, undercutting L2 by nearly 78%. The pricing delta raises fresh questions on viability versus compliance in regulatory surveillance contracts.
S K Enterprise Secures Supply Tender with 10% Margin Over L2; Bidding Pattern Reflects Stable Competition
8A tightly clustered bid structure saw S K Enterprise edge past Balaji Industries with just a 10% differential.
8The outcome signals a well-understood scope and healthy price discipline among vendors.
ONGC Cancels Field Instrument Calibration Tender at Mehsana Amid Admin Restructuring
8Despite receiving interest and extending the bid deadline, ONGC has cancelled its 6-month instrumentation calibration and servicing tender for Mehsana Asset.
8The cancellation, attributed to “administrative reasons,” follows tight commercial and qualification compliance norms.
8With no indication of retendering, vendors are left in the lurch after detailed bid preparations.
ONGC Relaxes Key Clauses, Extends Bid Date in Analyzer Tender to Attract Wider Participation
8In a mid-cycle corrigendum, ONGC has extended its analyzer system tender by 6 days, eased OEM document timelines, and marginally relaxed deployment norms.
8These tweaks hint at bidder hesitation or internal review concerns, while still preserving payment discipline via milestone-based holdbacks.

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8Agromet advisory bulletin issued for the state of tripura [IMD]
8Board meeting on july 29, 2025 to approve financials and AGM agenda [BATIL]
8ICRA reaffirms credit ratings for various financial instruments [RCFL]
8Certificate for financial results for the quarter ended 30¢ june 2025 [KPL]
8Q1 FY26 financial results presentation [KPL]
8Shri santosh kumar appointed as government nominee director on the board of company [FACT]

8The glycerine market in Ahmedabad has witnessed a significant increase in prices, impacting businesses and consumers who rely on glycerine for various industrial and commercial applications

8Delhi, July 18, 2025 – Ethylene Glycol Monomethyl Ether (EGME) prices witnessed a notable drop of ?3/kg in the Delhi chemical market

8Mumbai, July 18, 2025 – The price of Compound Rubber Grade STR20 increased by Rs.3 per kilogram in the Mumbai market

8The price of  Dioctyl terephthalate (DOTP) in the Mumbai market experienced an upward movement today, attributed to slight fluctuations in supply and demand, as well as rising raw material costs

8Mumbai, July 18, 2025,The price of CPP (Cast Polypropylene) Metalized Film – 25 Micron Grade remained unchanged in the Mumbai plastics raw material market

8On July 18, 2025, the Ahmedabad chemical market recorded a modest yet notable cut in Polyethylene Glycol 400 (PEG 400) prices, driven by a blend of local demand-supply imbalances and global cost pressures

8Prices of Polyethylene Glycol 600 (PEG 600) have moved downward in the Delhi chemical market

8An In-Depth Look at the Indian Market, Global Trends, and Regulatory Impact

8Understanding the Price Dip, Market Dynamics, and Industry Outlook in 2025

8The domestic market for propylene in Jaipur (H100EY) experienced a price movement today

8Find more about the recent pricing changes for all the Solvent products and how much it has moved

8Find out how much prices have moved

8Formic acid prices in the Mumbai market were high today