Bulletin Updates

IDS wins IOCL’s petrochemical market study; wide bid dispersion flags divergent scope pricing – 14 Oct 2025

Oct 14, 2025

IOCL has awarded its 20-product petrochemical market study to Industrial Development Services after a crowded GeM contest. L1 and L2 were separated by just 7.6%, but the curve blew out to 255.6% at L4. A corrigendum-driven SCC swap and a 10-vs-12 week draft-report mismatch leave one operational loose end for the KOM.

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