Bulletin Updates

Indian Oil's ambitious empanelment for M&A advisory has attracted six top-tier bidders… – Downstream contracting briefs: Part II, 10 Jul 2025

Jul 10, 2025

Seven bidders vie for IGGL’s section-11 survey contract amid compressed 4-Month execution window

With a tight 4-month timeline, IGGL’s NH-717A route survey tender sees active interest from seven technical consultants. The tender stresses compliance, precise routing, and stakeholder alignment across high-traffic zones of the NEGG corridor, hinting at future pipeline construction complexities.

Six firms compete for CS & SS column package at PLL’s PDH-PP Complex

EIL opens technical bids for a critical column supply contract at Petronet LNG’s Dahej petrochemical project. The package sees intense competition across six bidders, balancing experience in heavy-fabrication with niche process capabilities.

IOCL's M&A Consultancy Empanelment Draws Big Four, Sets Rigorous Bar on Deal Value and Expertise

Indian Oil's ambitious empanelment for M&A advisory has attracted six top-tier bidders including Deloitte, EY, PwC, and KPMG. With INR 1000+ Cr deal criteria and valuation rigor, the technical overhaul and bid extensions suggest a high-stakes, high-complexity selection.

35 Bidders crowd BCPL’s Pressure Vessel race

EIL’s no-EMD, item-wise L1 format triggers supplier swarm; quality oversight may take a backseat amid pricing frenzy.

GAIL’s Floating Solar Consultancy Tender Sees Major BEC Revision, Attracts 8 Bidders

GAIL’s ambitious push for floating solar projects gets a structural overhaul in qualification norms, expanding bidder eligibility. The tweak in technical criteria opens the door for smaller firms while maintaining focus on bathymetric capability.

Two-Horse Race Emerges in Dahej Cooling Tower Tender Amid Scope Tightening and Repeated Extensions

Only Hamon and Paharpur Cooling step forward as EIL extends bid deadline twice for PLL’s critical PDH project. O&M clauses, scope clarifications, and tight control over fabrication logistics thin the competition.

Prime Engineers Undercuts Rivals by 6.6% to Clinch NRL MS Block Electrical Works

In a tightly contested electrical package under the NRL expansion, Prime Engineers secured L1 status with an aggressive bid, beating Laxmi Engineering by over 6.6%.

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