Bulletin Updates

HPCL puts HAZOP–LOPA bidders through double filter: High scrutiny, zero risk sharing – 9 Jul 2025

Jul 09, 2025

In its latest milestone-based consultancy tender for Visakh Refinery, HPCL imposes hybrid resource deployment, multi-party approvals, and rigid performance securities—offering no timeline buffer, no subcontracting flex, and limited cost shielding. The burden is squarely on the consultant.

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