ONGC sagar vijay contract updates – 30 Oct 2025

1) Inspection-led QCBS valuation hardens lifecycle lens in ONGC Sagar Vijay valuation.8ONGC wants a fair-market value that starts with steel, not spreadsheets.

The TPA must inspect, model and forecast 10 years of O&M and major repairs, then defend its methods.

QCBS and a mandatory price-breakup keep bids comparable without diluting methodological freedom.

2) EOI for sale of drillship Sagar Vijay: Bid clock pushed to 10 November 2025.8The EOI timeline for the sale of ONGC’s drillship Sagar Vijay has been extended till 10 November 2025.

The original deadline and clause-wise changes have not been disclosed, keeping bidders guessing on validity and security recalibrations.

Whether this brief extension signals low participation or a planned re-scope will become clear only in the next corrigendum.