A 99-licence SP3D rental with mobility across EIL offices and no minimum commitment changes… – Downstream contracting briefs: Part III (Technical bid), 8 Sep 2025

EIL locks usage-based SP3D stack for NRL PP unit with hard uptime economics and OEM single-bid dynamics

A 99-licence SP3D rental with mobility across EIL offices and no minimum commitment changes the cost calculus for the NRL PP EPCM. The SLA attaches mirrored non-payment and penalties to downtime, capping exposures at 5% of annual rentals. But with only the OEM in play, where will price discovery and service depth really land?

BPCL Kandla rail FSR tender sees RITES and Technofin survive tight PQCs

BPCL’s feasibility study tender for Kandla–Gandhidham LPG rail link screened out three of five bidders. The structure waives EMD but defers payments until railway approvals. The survival of only RITES and Technofin signals how PQCs are reshaping competition.