Bulletin Updates

ONGC drillship tender tightened after financial reset – 24 Oct 2025

Oct 24, 2025

ONGC has eased entry for global bidders by accepting audited consolidated financials where standalone audits are not mandated, but banned parameter mixing.

A tax-line reset lifts concessional IGST to 18% for List-33 imports, with a safeguard to apply any lower standard rate when eligible.

MPD duties are now pinned to contractor accountability under ONGC supervision, and bid timelines have been pushed to month-end.

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