Bulletin Updates

BPCL’s Butene-1 project: Bidders to reassess pricing – 24 Nov 2025

Nov 24, 2025

The owner’s first commercial amendment rewrites the liability ceiling to a blended 50% of license, BEDP and engineering fees. The carve-out for patent infringement lifts the cap to 100%, reshaping licensor exposure. The resulting framework forces bidders to reassess risk pricing.

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