News & Bulletin Updates

8Relaxes methane recovery benchmark in this Rs 200 crore project
8And there was more that was done
8Why were these relaxations given

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8This move raises eyebrows
8And it will reshape this competitive field
8Why was it done?

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ONGC’s 70T Tug tender raises bar with age caps, EFMS mandate, and no-retrofit rule
8ONGC’s latest 3-year push-pull tug hire tender has embedded strict vessel age norms, live fuel monitoring, and a ban on retrofits for key systems.
8The move narrows the playing field to high-spec, FiFi-ready tonnage, signalling a clear shift towards compliance-heavy charters.
ONGC pigging Tender: Tightens vendor entry with code prerequisite
8ONGC’s three-year intelligent pigging contract for onshore pipelines sets a hard entry bar with no MSME/startup relaxations, mandatory vendor code registration, and high security deposits. The move favours experienced players while raising compliance and capital costs for contractors.
ONGC assam tightens grip on composite Mat O&M contracts — MSME relaxations axed, PQC stiffens
8In a marked policy shift, ONGC’s Assam Asset composite mat tender strips MSMEs and startups of experience relaxations, tightening PQC to favour seasoned contractors.
8With integrity pacts, border procurement restrictions, and labour law compliance baked in, the tender signals a controlled-vendor model. The move could streamline quality but risk narrowing the competitive field.
CEIL faces No-Slack TPI mandate in ONGC’s chrome casing buy
8Certification Engineers International Limited must deliver full-scope API 5CT inspections with 100% test witnessing after ONGC’s trial failure, as the client rejects all scope relaxations and shifts cost risks onto the contractor.
ONGC eases mobilization timelines in 2D seismic tender, extends crew setup to 90 days
8In a pre-bid tweak, ONGC has extended both mobilization and demobilization periods by 15 days in its Western Onshore Basin seismic survey tender — a move that could ease contractor logistics and widen bidder participation.
OIL pushes meghalaya–tripura seismic bid to aug 19, tightens gear specs to 3-year limit
8Oil India’s latest extension for its NE India seismic tender buys contractors time but raises the technical bar, cutting permissible sensor age from five to three years.
8The new ±25% scope variation clause could alter project economics midstream, signalling OIL’s bid for both flexibility and higher-quality output.
ONGC pushes ahmedabad water injection bid deadline to aug 25, eyeing wider contractor pool
8ONGC has extended the submission date for its 8-well mobile water injection tender to August 25, 2025, giving contractors more time to meet strict API, hazardous area, and dissolved oxygen control norms.
8The move could broaden competition but risks delaying reservoir pressure enhancement in Ahmedabad Asset.

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What logic is PLL providing for raising the cost of its LNG terminal with a tad higher capacity by a whopping Rs 4000 crore?
8It makes more sense to set up the same project at Rs 6,355 crore instaed of Rs 2300 crore
8How does that logic work?

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Bina petchem heavy-vessel tender locks in licensor IP with 15-year gag clause
8BPCL’s Bina expansion has gone to market for five massive carbon-steel process vessels under licensor Lummus’ watch. A rare 15-year NDA, coupled with staff-segregation rules, signals the tightening IP leash in India’s petchem EPC supply chain. Bidders must segregate project teams and maintain a 15-year gag on design details, an unusually long tail for fabrication contracts.The NDA bars crossover with competitor licensor projects for two years after completion, complicating HR deployment in multi-licensor yards. The NDA bars crossover with competitor licensor projects for two years after completion, complicating HR deployment in multi-licensor yards.
IOCL Bongaigaon rolls out composite shutdown contract with 3-year compliance leash
8A single, multi-year shutdown deal at Bongaigaon Refinery hands contractors the full mechanical and safety burden — with no PQC waivers for MSEs and a capital-draining 5% PBG. Prescriptive clauses leave little room for scope-creep claims. Turnover and project value bars ensure only established shutdown specialists can bid.
PLL seeks zero-deviation bids for 40-month material handling package at Dahej PDH-PP complex
8Petronet LNG has launched a tightly-framed tender for integrated material handling works at its flagship Dahej petrochemical project, locking in strict compliance rules and a no-deviation mandate that will narrow the bidder field to only the most prepared contractors.
PLL seeks high-spec water service pumps for Dahej PDH–PP under strict zero-deviation, freight-inclusive bid terms
8Petronet LNG’s latest pump package at Dahej comes with a 9-month delivery mandate, freight-inclusive evaluation, and extended warranty obligations for foreign-linked bidders — raising the bar on vendor discipline and cashflow resilience.
CPCL shuts door on inexperienced bidders for 206F201 ACB upgrade
8CPCL’s Manali refinery has floated a six-month, lump-sum tender to double the capacity of two GE ACBs on a critical heater circuit, but has barred PQ relaxations for MSEs and startups — signalling zero tolerance for untested hands in high-risk electrical upgrades.
NRL DCU revamp E&I tender drags to mid-August as bidders secure scope relaxations
8A month-long bid timeline stretch reflects extensive clarifications on transformer scope, vendor approvals, and statutory approvals. The relaxed interface points hint at EIL balancing revamp complexities with bidder risk appetite.
BCPL foam system tender drags amid scope pushback, bid date slips
8Vendors are bristling at BCPL’s refusal to freeze foam generator quantities and tank sizes, with EIL insisting NFPA-based design be bidder-led. The bid extensions signal lingering uncertainty over scope boundaries and integration details.

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8CPCL’s consultancy tender for redefining its Vision, Mission and Values into a 2035 roadmap has drawn all the Big Four plus Hay and Kearney—but pre-bid pleas for softer payment schedules, lower delay penalties, and IP carve-outs have been firmly rebuffed. The ‘nil deviation’ stance signals a client-first control on cost and deliverables.

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PCL Kochi’s twin EIA–QRA consultancy tender gets 2-day lifeline; scope locks in dual mega-unit timelines
8The refinery’s environmental and risk study package — spanning a 500 TPD sulphuric acid unit and a 41 TMTPA SAF unit — will now close on 13 August, giving consultancies a brief window to sharpen bids for one of BPCL’s most complex dual-scope tenders this year.
Tight NDA net and portal gatekeeping define BPCL-Kochi ejector race
8With only three domestic OEMs in play, BPCL and EIL’s un-engineered ejector tender blends zero-deviation discipline, a hard six-month delivery clock, and PFCC-linked NDA hurdles — leaving little room for procedural missteps.
IOCL scraps Haldia shutdown insulation tender amid likely scope rethink
8The GeM tender for insulation and refractory works during Haldia Refinery’s 2025-26 emergency shutdown has been withdrawn without explanation, raising speculation over scope consolidation or operational rescheduling.
BPCL’s Bina Petchem fittings tender keeps EIL’s dimensional rigidity, allows plate substitution for pipe to widen vendor pool
8Mid-tender relaxations on raw material specs could ease sourcing for bidders, but EIL’s refusal to trim oversized Tee and reducer lengths keeps fabrication challenges intact. Selective EMD waivers and a 25% option clause further define the commercial landscape.
OIL’s Naoholia–Moran EPMC race narrows: Pre-qualified PSUs told to start from scratch
8OIL has upended its own shortlist for the twin Assam tank farm EPMC job, forcing even December’s pre-cleared PSUs to re-submit full credentials. Scope exclusions will trim bid values, but a new Integrity Pact and re-qualification filter could thin the field further.

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8Ahmedabad, August 11, 2025

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8Delhi, August 11, 2025, The price of Antioxidant Grade 4020 has registered a moderate decline in the Delhi chemicals and rubber raw material market in recent trading sessions

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

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8Ahmedabad, August 11, 2025

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8Dioctyl Adipate (DOA) prices registered an upward movement in the Ahmedabad market today, supported by a gradual recovery in buying activity from key downstream sectors

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8Ahmedabad, August 11, 2025

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8Benzyl alcohol prices in the Ahmedabad market witnessed a downward adjustment today after maintaining a steady trend in recent days

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8Isophthalic acid (LG Chem Korea make) prices witnessed a decline in the Mumbai market today amid sluggish buying sentiment. Market discussions with traders revealed that demand from buyers has remained muted, leading to slower offtake in recent days

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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. This increase in prices has come after a period of relative stability, primarily due to low stock levels

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8Ahmedabad, August 11, 2025 – Acrylamide prices in the Ahmedabad chemical market have seen a noticeable decline, according to Indian Petrochem, despite prevailing tight supply conditions and steady demand from downstream sectors. This unexpected fall is creating mixed sentiment among industrial buyers, as market fundamentals still point towards potential volatility ahead

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8According to Indian Petrochem Market Analysis, the price of Propylene Glycol Monomethyl Ether (PGME), a key industrial solvent widely used in coatings, inks and cleaning formulations, has registered a significant increase in the Mumbai Chemicals Market

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8Indian Petrochem analysts tracking the Mumbai wholesale chemical market have recorded a noticeable price correction in the Ammonium Chloride Agricultural Wet Basis Grade segment, with rates dropping by Rs 2/kg compared to previous trading sessions. This decline is being attributed to improved supply conditions, moderate buying interest from the agricultural sector, and relatively stable global trends in raw material prices

 

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8Ahmedabad, August 11, 2025, The price of Cast Polypropylene (CPP) Metalized Film, grade 25 micron, has shown a marginal upward movement in the Ahmedabad plastics raw material market

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8Traders and distributors in Delhi have reported that the supply of cryolite has become more consistent over the past few weeks, helping to stabilize the market and reduce the price pressures seen earlier this year

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8The Delhi chemical market has seen a decline in the prices of anhydrous hydrofluoric acid (AHF) recently, while synthetic cryolite prices have remained stable. The price drop in AHF is mainly due to a decrease in raw material costs, especially fluorite, and subdued demand from industries such as refrigeration, petrochemicals, and electronics. Suppliers in Delhi have lowered their rates by around 2-3% compared to earlier levels, providing some relief to downstream manufacturers facing high input expenses

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8Mumbai, August 11, 2025, The price of Polyamide 6 (PA6) Grade M28RC has recorded a notable decline in the Mumbai plastics raw material market over the past few days

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8The price witnessed a movement, find out by how much

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8Today, the Bangalore market saw LLDPE (F19010) prices moving up

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