Bulletin Updates

IOCL tightens LSTK dust-control package with reverse auction teeth and a named-vendor bar in Ppanipat refinery 2G ethanol – 15 Dec 2025

Dec 15, 2025

Indian oil is treating feed dust removal in its panipat 2G ethanol chain as a reliability-critical LSTK intervention, with a timeline that punishes slow engineering.

But the procurement story is equally sharp: the reverse auction rule-set can sideline early h1 behaviour and force real price movement once enough bidders qualify.

And one line in the NIT quietly redraws the competitive map by barring a named player under a “risk and cost” banner, changing how bidders should read performance consequences in this package.

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