News & Bulletin Updates

8Extension of bid submission and opening timelines for Jhansi to Sitarganj petroleum product pipeline bid [PNGRB]
8Extension of bid submission and opening timelines for Paradip to Raipur petroleum product pipeline bid [PNGRB]
8Extension of bid submission and opening timelines for Cherlapally to Nagpur petroleum product pipeline bid [PNGRB]
8Change in senior management personnel [IRM]
8Resignation of Ms Arti Kanwar IAS as non-executive director effective December 29, 2025 [GSPL]
8Intimation of interaction of senior management with analysts and investors on January 3, 2026 [DIL]

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

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8The package tender reads like a governance document disguised as a scope package, with EIL-style inspection hold points and formats steering how work gets accepted. The real competition won’t be in equipment supply alone, but in who can execute loop integrity, impulse piping proofing, and documentation without bleeding schedule.

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1) ONGC tightens site-level delay and warranty exposure in Tripura asset workover civil ARC
8ONGC’s Tripura ARC turns “small” workover-support civil packages into a site-by-site schedule instrument, with delay priced per individual work order rather than at the umbrella contract level.
8The documents also carry an unexplained split-brain on the tender’s own estimated value, raising a sizing question bidders will need to solve before they decide how aggressively to quote a single percentage rate.
 
2) Owner hardwires cloud RTMS and GPS penalties into five-year CTU charter across for multiple location coil tubing services
8This five-year CTU charter is less about the familiar well clean-out toolkit and more about making every run digitally provable.
8A cloud-based real time monitoring stack and a GPS regime with daily deductions convert operations into audit trails that can be reconciled against invoices.
8The quiet twist is how these controls, paired with zero volume guarantee, could narrow the serious bidder pool without changing the headline scope.
 
3) Geo Enterprises wins hard chrome plating services contract at near-estimate pricing
8ONGC has awarded the CWS Vadodara rig equipment hard chrome plating package with L1 sitting almost exactly on the buyer’s own estimate.
8The 11.4% gap to L2 signals a meaningful divergence in how bidders are loading logistics, custody risk, and delivery-linked penalties.
8The fine print on transit insurance, indemnity, and LD triggers suggests this is a tighter risk-transfer play than a routine plating job.
 
4) Airen Power undercuts by 13.9% to win ONGC’s 2000 kVA transformer package at sub-station-4, Sivasagar
8ONGC’s sub-station-4 transformer package looks like a routine replacement until you read the testing, inspection, and site-enabler obligations baked into the scope.
8The L2 quote lands nearly 14% above L1, a gap that usually shows up when bidders disagree on commissioning friction and compliance cost.

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8Oil India Limited’s three-year call-out well servicing tender is being priced like two different contracts, with L2 coming in more than triple L1.
8The clause pack also quietly re-draws mobilisation and movement clocks between Rajasthan and Gujarat, changing how vendors carry standby risk.
8The early read-through is less about who won and more about what execution behavior this pricing will force once the units start moving.

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8The package tender reads like a governance document disguised as a scope package, with EIL-style inspection hold points and formats steering how work gets accepted. The real competition won’t be in equipment supply alone, but in who can execute loop integrity, impulse piping proofing, and documentation without bleeding schedule.

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8The owner is selectively conceding what makes offshore acquisition practicable, but it is refusing to relax what makes data defensible.
8The replies reveal a clear philosophy: delivery chain and verification controls will not be modernised mid-tender, even if the fleet has moved on.
8The result is a bid that rewards contractors who can price logistics discipline as well as geophysics.

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8A last-minute date extension signalled friction in the response pipeline.
8The cancellation pauses a model that was structurally biased toward incumbents with regional assets.

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1) Owner puts a refinery-wide OISD-GDN-206 HIRA on the block
8The owner is effectively commissioning a statutory-grade, unit-by-unit refinery risk map that must hold up beyond internal HSE sign-off.
 
2) Nine deadline resets push BPCL’s BPREP process gas chromatograph tender out by 113 days
8BPCL and EIL have kept the hazardous-area provenness gate intact, yet the bid window has been reopened again and again. The extension chain is long enough to change who can realistically stay in the race, especially under NDA and manufacturer-backed paperwork.
 
3) Ten weekly extensions push BPCL/EIL Kochi polypropylene cooling water pump tender out by 71 days
8The bigger story is whether EIL is using time as a substitute for clause flexibility—or whether the market is forcing a rethink.
 
4) Four-step bid deadline extension pushes RG condenser close by 41 days for NRL polypropylene unit
8The extension ladder raises a sharper question than “more time”: whether the qualified vendor pool is thinner than the tender assumes.
 
5) IGGL stretches duliajan feeder line PMC bid by 50 days
8This is while rewriting “lowest” as “H1” in Indradhanush gas grid’s Duliajan feeder line.
 
6) CPCL’s PBFS dryer and purification study tender slips by 14 days in two auto-extension blocks
8This raises questions on whether this is market appetite or process rollover. In a single-tender, nil-deviation setup, even a short slip can signal where the real bottleneck sits.
 
7) Bid deadline extended by 3 days for pigging and cleaning of cooling water headers in BPCL/Mumbai refinery turnaround April-2026

8The scope is not “routine pigging” but large-bore, multi-location dewatering plus internal cleaning under strict 96-hour rejection pressure. The extension may widen the field, but the real competition is still defined by who can mobilise a 24x7, safety-heavy execution system without damaging coated lines.

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8The 75-mark gate, the stretch-length experience thresholds, and the station credential combine into a quiet filter that can decide the winner before price bids even matter. With four bidders in the technical opening per the bid-opening information shared, the real story is which dossiers survive the documentation and scoring grind.

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1) Technical bids draw four players as eil tightens the pump baseline with a datasheet reset in HPCL LMBU project
8A late technical amendment swaps the governing datasheet and quietly hardens post-award risk allocation through embedded remarks. With four bidders in the technical opening, the real separator now sits in compliance discipline and deviation posture — not in brand familiarity.
 
2) GMPL narrows the field to two for OSBL commissioning instrumentation support as compliance tripwires bite
8Five bidders showed up, but only two made it through gmpl’s technical gate for osbl commissioning instrumentation support. The documents reveal a tender architecture where paperwork timing, reference-proof rigour, and SeZ zero rated pricing discipline can decide survival as much as field capability. The disqualification pattern raises a larger question about how many “real” contenders this market can sustain under portal-first procurement tightening.

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1) PNGRB stretches Paradip–Raipur LPG pipeline bid by 91 days while rewriting the corridor to 650 km
8Two bidder-driven extensions quietly turn this PNGRB authorisation into a longer, costlier feasibility contest, not a simple deadline shift. The bigger story is the mid-process corridor rewrite to 650 km and the net worth wall moving up to Rs 390 crore, which reshapes who can realistically stay in the race. The clause tweak that allows meaningful route deviation signals an execution reality the original bid geometry could not absorb.
 
2) PNGRB changes length of Cherlapally–Nagpur LPG pipeline from 453 km baseline is rewritten to 550 km
8The change reads like a response to buildability and corridor-constraint anxiety. The real question is how tightly the regulation backstop will be applied in evaluation.
 
3) PNGRB keeps stretching the Jhansi to Sitarganj LPG pipeline bid window after a late origin reset and a trunk-plus-spur redesign
8The regulator is simultaneously relaxing route rigidity (a 10% deviation allowance) while refusing to carry bidders on coordinates, RoU intelligence, or interface parameters. The result is a bid race where balance sheet scale and field intelligence may matter as much as the quoted tariff and capacity numbers.

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Dec 30, 2025: Company Updates

1) Ram Phosphates out of the woods: Outlook turning stable
8There is now reduced downside risk relative to the previous review cycle.
 
2) Deepak Fertilisers: Biggish tax demand
8But the company says there is past precedent of such demand, and “earlier years (demands) deleted by ITAT” to neutralise impact.
 
3) Nagarjuna Fertilizers: Promoter exits
8A promoter that already exited its stake now pulls its board nominees, triggering an immediate top leadership change.
 
4) Shree Pushkar: A promoter-linked warrant allotment locks in a future equity conversion path
8The company reports allotment of 7,36,196 fully convertible warrants to the promoter/JMD at Rs.407.50 per warrant, after receipt of the stipulated 25% subscription amount.

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Prakash Lodha is an entirely new breed of fertilizer entrepreneurs
8He has unbridled ambition, his appetite for risk is far higher than his Indian counterparts
8Find out what makes him different from his fellow fertilizer entrepreneurs  

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8NFCL is signalling that the Sr. Executive Director – Operations will exit at end-December 2025, and that the pathway was pre-agreed: resignation earlier for health reasons, but continuation until the fixed-term ended. That sequencing is meant to reassure markets that the exit is orderly rather than abrupt, while still meeting disclosure thresholds under listing rules.
Click on Details for more

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo

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8Agromet advisory bulletin for Tarn Taran district [IMD]
8Agromet advisory service bulletin for the state of Uttarakhand [IMD]
8Closure of trading window for dealing in securities from January 1, 2026 [Deepak Fertilizer]
8Disclosure of gift of equity shares by immediate relative of director [SRL]
8Appointment of Shri Rajkumar Beniwal IAS as managing director and cessation of Dr T Natarajan IAS as managing director effective December 29, 2025 [GNFC]
8Cessation of sr. executive director operations Mr. R M Deshpande effective December 31, 2025 [NFCL]

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8SAN has slipped Rs 9/kg over the past month, ending a weaker phase into late December

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8Polycarbonate is steady compared with three months ago, showing little change through December. 

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8PET has risen Rs 3/kg over the past fortnight after a steadier weekly finish

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8Hydrochloric Acid is lower than last year, and the six-month view is also softer

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8Acetonitrile is steady compared with three months ago, but it remains Rs 5/kg lower on a month view

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8Melamine is higher by Rs 15/kg over the past fortnight, even after easing this week. 

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8Trimethylolpropane is up Rs 2/kg on a month view, with day-to-day changes limited through December

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8Formic Acid is down Rs 6.5/kg over the past month, moving away from late-November levels

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