Bulletin Updates
BPCL’s Vadinar COT tender sees six bids, but key risk-sharing clauses spark unease – 2 Jul 2025
Jul 02, 2025
Despite attracting six contractors, the BPREP COT package continues to raise eyebrows over lopsided risk transfer clauses — particularly on FIM integration and payment retention — with BPCL refusing to relax arbitration or PGTR-linked milestones.
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