Bulletin Updates

Reverse auction and cost checks tighten PP catalyst bids – 25 Aug 2025

Aug 25, 2025

IOCL/PRPC has opened a reverse-auctioned, item-wise PP catalyst buy with EMD marked “not applicable.” The tender leans on total landed cost at PRPC and strict document hierarchy to settle evaluation disputes. But the real story sits inside the Enquiry-cum-Offer: grade, performance metrics and delivery obligations that will ultimately shape the price curve.

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