Bulletin Updates

L&T emerging as a single bidder: ONGC takes preemptive steps – 16 Dec 2022

Dec 16, 2022

The possibility of L&T emerging as a single bidder in some big offshore projects seems to have pushed ONGC to take some pre-emptive action

Clearly, the new chairman Arun Kumar Singh seems to have been informed or is a party to this decision.

We have also been told that there is a price bid opening today! Meanwhile, L&T has won a set of additional oil & gas projects

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