In a startling price divergence, Vinod Fabricators secured the IOCL Delhi LPG pipeline… – Downstream contracting briefs: Part II, 25 Jun 2025

Sole-bid scenario raises procurement risk in Petronet’s hydrogen tender

Only UOP India filed a bid for the PSA hydrogen unit in Dahej, raising cost visibility and vendor lock-in concerns under a tight licensor framework.

Vinod Fabricators lands Delhi LPG pipeline revamp with 37% price cut, raises risk concerns

In a startling price divergence, Vinod Fabricators secured the IOCL Delhi LPG pipeline contract with a quote nearly Rs. 2.1 crore below the next contender and 37% below IOCL's estimate—triggering industry talk on margin stress and bid realism.

Elazra undercuts nearest rival by 12 % to win Rs.8.78 L HAZOP & QRA contract

Elazra Corporation secured the HAZOP & QRA study for twenty WRPL stations with a bid of Rs.8.78 L, beating TUV India by 12 %. Such aggressive pricing—50 % below the next three valid bids—raises margin?viability and execution?risk questions.

Dutt Engicon bags ONGC Hazira slug catcher job with 40% bid edge; rivals price in risk

A massive 74% spread separates L1 and L3 in the slug catcher health check tender at ONGC’s Hazira terminal. The outcome suggests aggressive undercutting by L1, even as others factored in risk exposure.