IOCL’s R&D division has opened the technical bids for its CO?-capture sorbent… – Downstream contracting briefs: Technical bids, 28 Nov 2025

1) IOCL R&D shortlists two bidders for commercialising proprietary CO?-capture sorbent technologies

IOCL’s R&D division has opened the technical bids for its CO?-capture sorbent commercialisation EOI. Only two bidders Balief Corporation and Psichem Biotech have entered the field, reflecting a specialised vendor pool. The high-bar PQC now becomes the pivot for deciding who advances to commercial-stage discussions.

2) BPCL Bina narrows field to two vendors for ATF reactor charcoal job

BPCL’s technical evaluation has left only two bidders in contention for the ATF reactor charcoal replacement contract. Three participants were ruled out at the qualification stage.