Swan has walked away with the column trays by undercutting four rivals by up to 67.2%, in a… – Downstream contracting briefs: Awards, 11 Dec 2025

1) IOCL awards business entity valuation mandate

The price gap between the two Big Four bidders is narrow but revealing about how IOCL is policing advisory fees.

2) Swan wins EIL-engineered column tray package with a deep undercut at BPCL’s Kochi polypropylene project while peers price in heavy revamp risk

Swan has walked away with the column trays by undercutting four rivals by up to 67.2%, in a field shaped by PPP-MII, border rules and zero-deviation clauses.