Bulletin Updates

IOCL pulls plug on turbine consultancy bid amid tight timelines and steep consultant risks – 2 Jul 2025

Jul 02, 2025

The abruptly cancelled bid for detailed engineering of a power recovery steam turbine at its refinery flagged early signs of overload—compressed deliverables, strict non-subcontracting rules, and zero flexibility on missed timelines, indicating a tough new stance on consultancy risk allocation.

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