Ingenero’s Rs 2.97 crore bid undercut Kavin Engineering by 31.4 %. The spread signals… – Downstream contracting briefs: Awards, 6 Nov 2025

1) Emerson wins Vizag DCS-based terminal automation contract

IOCL has awarded the Vizag Terminal Automation System contract to Emerson after a margin-tight bid battle with Advanced Sys-Tek. The difference between L1 and L2 bids was less than 1 %, signalling extreme price convergence in the automation segment. Behind the close race lies IOCL’s broader digital-integration drive to standardise TAS software across terminals.

2) Wide 31 % price gap reveals margin stress in engineering consultancy

Ingenero’s Rs 2.97 crore bid undercut Kavin Engineering by 31.4 %. The spread signals cost-competitiveness pressure as GeM bids replace direct nominations in refinery engineering.

3) Aggressive pricing defines Hydrogen II Air Pre-Heater award

Kamal Encon’s Rs 3.23 crore bid beat Kelvion by 46 %, reflecting a sharp price compression rare in heat-exchange packages. Such aggressive bidding will pressure margins but could set a new benchmark for domestic fabricators. MRPL gains from lower CAPEX without compromising its GPC-mandated quality regime.

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