Bulletin Updates
Maharashtra Seamless clinched EIL’s Dahej PDH-PP pipe package at Rs.54.8 crore, edging Jindal… – Downstream contracting briefs: Part II, 21 Aug 2025
Aug 21, 2025
Maharashtra Seamless undercuts rivals by 15% to win Petronet Dahej 3LPE pipe order
Maharashtra Seamless clinched EIL’s Dahej PDH-PP pipe package at Rs.54.8 crore, edging Jindal Saw by 15%. But the doubling of prices from other bidders reveals divergent cost perceptions and risk appetites in India’s pipe supply market.
Xplorer wins IGGL survey tender with 21% below-estimate bid; pricing gaps hint at aggressive undercutting
Indradhanush Gas Grid’s NH-717A route survey tender saw Xplorer Consultancy clinch the deal, far below peers. The steep spread raises concerns of margin stress and execution risks in future bids.
IOCL survey contract near Jaipur bagged at 13% below estimate as rivals bid up to 4.5x higher
A low bid by Swayin & Associates undercut IOCL’s own estimate and left rivals quoting much higher, exposing sharp divergence in risk-pricing for pipeline re-routing surveys.
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