8Ethylene Dichloride price in India is up Rs 4.5/kg over three months
8This week finished quietly after a gradual climb
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8Indian DEG price in India is down Rs 4/kg over the past month
8Day-to-day movement remained tight
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8Cyclohexanone price in India was unchanged this week after minor shifts earlier in October
8The tone stayed even with no sharp moves
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8On a six-month reference, C9 Solvent prices in India are down by Rs 4.00/kg
8The latest fortnight shows a mild rise
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8This week’s India price for Butyl Carbitol in India was unchanged from last Friday
8On a fortnight view, levels are up a modest Rs 1.00/kg.
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8Indian Butyl Acrylate Monomer (BAM) price is down Rs 3.00/kg over the past month
8Day-to-day changes were limited this week
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8Acetone rose Rs 4.0/kg over the past fortnight. Trading is close to recent highs
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8Acetic Acid was flat this week. Momentum stayed muted through the week
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8There will be trained hands on a moving belt all week to keep rejects from entering the process.
8The 45-ton-per-day reject signal is the throughput anchor. Any slowdown from manpower inefficiency is explicitly disallowed.
8And there are heavy penalties for failure
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1) Bid due extended thrice for rotary-lobe pump package in LNG PDH-PP, Dahej
8The rotary-lobe pump tender for PLL’s PDH-PP complex has shifted its bid clock by 42 days. NDA-gated specs and strict BQC remain intact, with delivery and EMD terms unchanged. That combination usually narrows surprises at opening but raises the bar on documentation discipline.
2) BPCL BPREP analyser systems tender gets a third bid-date extension
8The gas chromatograph package for BPREP has now moved to a 30 October bid due. EMD stays at Rs 1 crore and the qualification bar remains unchanged. The repeated extensions point to OEM/integrator coordination rather than a reset of terms.
3) EIL pushes PDH-PP Dahej ODC-vessels bid to 10 Nov after two extensions
8EIL has moved the Vessels (CS vessels)-ODC deadline from 03 Oct to 10 Nov. The package carries licensor-gated access and heavy ODC obligations with PESO and single-piece nitrogen-blanketed delivery. The delay resets bidder logistics and compliance timelines without loosening zero-deviation discipline.
4) Second extension pushes IOCL Barauni Biturox UPS bid to 06 Nov
8IOCL has nudged the Biturox UPS tender twice, adding thirty days to the bid clock. Corrigenda keep RFQ supremacy on GeM and bolt in a 25 percent option clause. The mix favours spec discipline over bid-window velocity.
5) Petronet LNG PDH-PP heat-exchanger tender gets six-day extension
8EIL has pushed the PDH-PP heat-exchanger bid due date by six days. The NDA-gated, zero-deviation tender keeps all commercial guardrails intact with delivery still pegged at 11 months. That small shift could change the depth and comparability of offers without slipping the critical path.
6) Bid window pushed to 4 November for API-610 pump package
8BPCL’s Bina petchem-refinery expansion pump tender gets a 14-day breather. The extension lands amid strict NDA and PTR rules tied to licensor data and Ex-rated motors. Expect a tighter, more competitive field once bidders lock hydraulics and responsibility matrices.
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8A hydrogen consulting tender that had steadily widened participation has been pulled.
8The move halts a sequence of timeline, security, and BEC relaxations designed to keep bidders in play.
8What survives into a re-issue will determine vendor pricing discipline and programme timelines.
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8A five-rig workover package with stricter local-content and support-entity safeguards has been cancelled.
8The reset pauses a capacity refresh that leaned on API-compliant rigs with certified residual life.
8How the company repackages performance security and qualification lanes will decide who bids next.
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8ONGC has eased entry for global bidders by accepting audited consolidated financials where standalone audits are not mandated, but banned parameter mixing.
8A tax-line reset lifts concessional IGST to 18% for List-33 imports, with a safeguard to apply any lower standard rate when eligible.
8MPD duties are now pinned to contractor accountability under ONGC supervision, and bid timelines have been pushed to month-end.
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8ONGC has opened the financial gate for bidders using audited consolidated accounts while banning mix-and-match certifications.
8The safety bar rises with OEM-centric BOP rules under OISD-STD-174 and non-negotiable braking and pump specifications.
8Dates have been pushed again, but the technical floor has not moved.
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1) L1 lands PS-01 O&M support OIL locks four-year service cover
8A six-bidder field produced a steep 20–24% gap between L1 and the chasing pack.
8With no arbitration/mediation and a 51-month ePBG, the execution risk sits squarely with the contractor.
8The unanswered question is how L1 will sustain overtime and compliance costs without squeezing margins.
2) JCA Technologies wins OIL NBPL RoW patrol
8A three-way contest for NBPL’s patrol contract ended with a decisive price gap.
8The winning quote undercuts L2 by 21.9% despite full statutory and GPS compliance obligations.
8Whether the margin holds against penalties and surge deployment remains the unanswered question.
3) ONGC cancels calibration gases refilling and cylinder services package for Bassein & Satellite Asset
8A safety-critical refilling contract with strict IS/PESO and lab de-bonding gates has been pulled.
8The pause stalls a 30-day SLA model across Nhava, JNPT, Karanja and Pipavav.
8What ONGC retains in a re-issue will set the bar for QA, timeline risk and vendor liquidity.
4) Top-drive torque eased but safety envelope intact in 1000 HP drilling rig
8Oil India has lowered the top-drive torque floor to widen compliant rig options without touching hazardous-area controls.
8The bid book also locks in stricter local-content and JV hygiene under a revised BEC.
8Payment-security flexibility remains on GeM, and the clock now runs to 30 October for compliant filings.
5) Bid window pushed to 30 October for microgrid EPC+O&M at three OIL sites
8OIL has moved the bid closing and opening to 30 October 2025 for its three-site microgrid tender.
8The 14-day push from the prior date gives integrators more time to reconcile PV/BESS/EMS packages and original EMD logistics.
8All other commercial and technical terms remain unchanged.
6) Bid window now runs to 31 October for mobile ETP services across five work centers in ONGC
8ONGC’s mobile ETP package on GeM is understood to be pushed to 31 October 2025.
8The extra 21 days collide with a fresh duty/GST framework that can move landed costs if bidders don’t leverage merit-rate carve-outs.
8The performance-spec SOW and non-performance deductions remain intact.
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8Snapshot of India’s oil & gas data September 2025 [PPAC]
8Case study fatal crane toppling incident during construction at LPG plant [PNGRB]
8Case study near miss incident during liquid nitrogen sampling from tanker at refinery [PNGRB]
8Case study worker fatality due to soil collapse during trestle foundation construction at refinery [PNGRB]
8Case study fatal roof collapse at retail outlet due to unauthorized construction and safety lapses [PNGRB]
8Fatal incident during direct assessment of non-piggable pipeline due to unsafe excavation practices [PNGRB]
8Cabin fire incident in tank truck at retail outlet due to damaged electrical wiring [PNGRB]
8Gas pipeline damage and fire incident during horizontal directional drilling (HDD) operation [PNGRB]
8Case study major fire incident fire in stacks of MDPE pipes at city gas station store facility [PNGRB]
8Case study major incident bursting of on board CNG cylinder at CNG station (2025/RO/10) [PNGRB]
8Fatal incident due to soil collapse during excavation work at petroleum pipeline site [PNGRB]
8Advisory to CGD entities to pass on operational savings from self-billing practice to PNG consumers [PNGRB]
8Intimation of conference call with analysts [HPCL]
8Intimation of conference call with analysts [IOCL]
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8Intimation of earnings conference call [DFPCL]
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8Also, there is no clarity on accountability of bidders here
8Is the company constructing these vessels, even when they are available for hire, with an eye on awarding them to someone specific?
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8ONGC has cut two wells from Group II and lowered its indicative oil potential.
8Data rooms and field visits have been extended into late November while closing stays in December.
8The reset forces bidders to re-run economics and compress approvals at the back end.
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8RIL’ss proposal for expanding coal bed methane (CBM) production in Sohagpur East and West blocks has been accepted while a final decision awaits
8The project involves drilling 580 new wells and setting up four Gas Gathering Stations (GGS) across Shahdol and Anuppur districts, strengthening India’s push for cleaner indigenous fuel.
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8The promoter has been on the lookout for a feedstock supplier
8And it not easy to find one, once again highlighting the pitfalls of 2G plants in India
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8Fuji, Hitachi Hi-Rel, and Vertiv are in the fray.
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