Bulletin Updates
BPCL drags out Mahul–Rasayani HDD tender with four bid extensions as contractors wrestle with stiff PQ rules – 18 Aug 2025
Aug 18, 2025
Is it a telling sign of India’s shrinking HDD contractor pool, that BPCL has now pushed its Mahul–Rasayani pipeline drilling tender to 1 September — the fourth extension in six weeks — with vendors scrambling to prove rig ownership and financial depth under EIL’s unforgiving PQ lens? EIL’s refusal to accept consortiums prevents Indian HDD specialists from pairing with foreign players who have stronger rigs.
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