Refinery unit EPC bid-I: Extremely competitive bids – 30 Mar 2022

Usually there are wide differentials between an L-1 and an L-2 or L-3 EPC price for a refinery unit

But for this particular unit, price bids for which were opened yesterday, the differential was mere Rs 6 crore, with the L-1 price at Rs 1172 crore and the L-2 at Rs 1178 crore

Very close indeed