Sulzer undercuts Chemept by 73.8% for static mixers in Petronet LNG PDH-PP plant
8A tight, limited list produced only two bids for PLL’s PDH-PP static mixers—and a jaw-dropping 73.8% spread. Zero-deviation and CPBG held the line while EMD stayed off the table. The pricing signal points to either aggressive confidence or conservative risk loading—what does it mean for the next package?
Big-4 cluster tight, BCG bids 6.4× L1 in NRL’s ESG strategy buy
8NRL held the line at a 70:30 QCBS despite bidder push for 80:20. Credentials under NDAs and sister-firm projects were allowed, widening the competitive field without lowering standards. The financial spread tells a story about perceived scope risk that will echo into subsequent ESG mandates.
A B Enterprise takes emergency shutdown contract at IOCL Paradip refinery after wide two-bid spread
8IOCL has closed its emergency shutdown agency tender at Paradip with a sharp two-bid outcome. The L2 price sits more than double the L1, even as reverse auction and stringent PQCs were in play. The fine print on scope and guarantees tells you why that spread held.
L1 price sits 11.4% below portal estimate in BPCL’s Malkapur POL installation
8The final discovered L1 was competitive without signaling distress pricing. Expect future bids to cluster around this level for similar CFO scopes.
Technical scope pins down critical propane service — IOCL Lalganj vaporizers
8Three vaporizers at 1000 kg/hr each anchor propane evacuation reliability. The scope compresses supply and servicing into short windows. That makes pre-shutdown planning and QA discipline decisive.

Urea reactor race heats up: NFL pushes Nangal revamp with strict global criteria
 8National Fertilizers Limited (NFL) has once again extended the bid deadline for its high-stakes urea synthesis reactor tender, now set for 15 October 2025. The package is the heart of NFL’s Nangal unit modernization, covering complete design, fabrication, commissioning, and two years of mandatory spares.
8What makes this tender stand out is NFL’s no-compromise eligibility criteria—only process licensors or their authorized global fabricators with proven track record in high-pressure reactors can participate. With bid evaluation linked to guaranteed steam savings, the project signals a sharper focus on energy efficiency and long-term reliability.
8Repeated extensions hint at intense behind-the-scenes negotiations with global technology majors. For India’s fertilizer security, this isn’t just about equipment—it’s about safeguarding production continuity at a strategic plant.
RCF Thal ammonia revamp: Bid deadline slips again as scope refinements continue
8The EPC tender for revamping RCF’s ammonia plants at Thal — meant to cut energy use without lifting output — has seen yet another extension, this time to 03 October 2025. Frequent deadline shifts underscore the complexity of retrofitting reformers, compressors, and electrical systems inside an operating fertilizer complex, while also reflecting intense bidder scrutiny of contract clauses on insurance, indemnity, and energy guarantees.

Floating-roof seal overhaul tightened with commissioning-linked cashflow in ONGC Tatipaka naphtha tank-B
8ONGC’s Tatipaka seal-replacement tender couples API-653 rigor with an unforgiving cashflow gate at commissioning.
8The LD and 45-day post-mobilisation clock squeeze execution into a high-discipline window.
8Digital sureties streamline securities but raise the compliance bar for smaller seal specialists.
Spec-gas at 30–45 kg/cm2g with PSU-grade cloud telemetry in EWTF job in Tripura Asset
8ONGC Tripura wants a turnkey EWTF that dehydrates to PNGRB specs and bills on AGA-grade metering.
8The plant must run 24×7 with flameproof hardware, OISD fire networks, and dual custody meters.
8A MeitY-aligned cloud portal brings real-time visibility — and new compliance work — to a humid, remote cluster.
GPCB-approved, GPS-tracked produced-water fleet sought for Gujarat lanes in Cairn Oil & Gas EOI
8Cairn is pre-screening carriers for hazardous wastewater movement with strict GPS and GPCB guardrails.
8A three-part financial filter raises the bar for liquidity and resilience.
8The details of LD, cashflow, and insurance will decide margins once the NCB lands.
Bidder clarifications will be one-to-one and time-boxed as ONGC hardens civil R&M tender discipline for Dehradun job.
8Eight firms have lined up for ONGC’s 36-month civil maintenance buy in Dehradun.
8Clarifications are pushed into a tightly scripted, post-bid channel with a single 2-day recourse after rejection.
8That tilt could change who actually reaches the price-opening.
Effective date tied to mobilisation and 25% option power sharpen OIL’s coring buy in Mahanadi Basin Project.
8Oil India has moved the contract’s effective date from the LOA to mobilisation, resetting when clocks and LD exposure truly begin.
8A same-day Corrigendum adds a 25% option on scope or duration that sellers must accept.
8Together, the changes rebalance risk at start-up while expanding the client’s agility mid-stream.

ONGC gives bidders 20 extra days but keeps hard specs and ATC guardrails in APU hire for Ankleshwar
8The APU tender clock moves to 23 September 2025 without any visible dilution of specs or terms.
8Vendors get breathing room to line up API-monogrammed iron, inspections, and bank instruments.
8ONGC’s ATC and “follow tender condition” replies signal that the bar stays high.
ONGC grants 20-day extension but keeps option clause and probity stack tight in plunger lift systems multi-asset buy.
8The bid clock moves to 22 September 2025. Vendors get time to align OEM papers, PPP-MII proofs, and buyer QA slots. signalling time for quality — not dilution.
Sub-contracting barred and mobilization eased as bid clock shifts in ONGC HPHT DDW1/PLQP offshore IRC.
8ONGC has hardened accountability at DDW1/PLQP by prohibiting sub-contracting while easing mobilization to a 60-day yard setup.
8Staged payments and a logistics grace window rebalance cash-flow and LD exposure without diluting performance.
8Whether the bid end moves to 23 September 2025 is still not evidenced in the published pack.

8That has raised eyebrows

8Four firms, including Carlton Industrial Engineers, Charms Agencies, DAS Offshore and Unique Chemoplant, entered the clarification stage.
8Their queries centred on schedule extensions, LD calculation and payment restructuring.
8ONGC’s replies confirm a rigid stance, signalling little flexibility despite offshore execution complexities.

8Halliburton and Baker Hughes used the pre-bid to seek relief on clocks and clearer “day-1” success triggers.
8OIL agreed to extend study and execution windows and clarified acceptance after well unloading.
8But it refused EMD waivers and largely retained penalty caps, keeping financial discipline intact.

8Oil India’s Mahanadi mud engineering and DWM package has been extended after a mid-course scope reset and personnel-policy tightening.
8The latest uploaded document moves the closing to 19 September 2025 while normalising HPWBM tables and locking a cap on engineer replacements.
8Whether a further push to 24 September 2025 is formal will shape bidder calculus on crew and inventory buffers.

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8Cambay PSC Update [Synergia]
8Appointment of Statutory Auditors for FY 2025-26 [EIL]
8Execution of Addendum 01 to Subcontract Agreement with Posh India Offshore Pvt. Ltd. for ONGC Projects (PRP-VIII Gr. B & DUDP) [Seamec]
8Update on Scheme of Arrangement Application (C.A./CAA/MB/220/2024) filed by Talwandi Sabo Power Limited with NCLT [Vedanta]

8National Agromet Advisory Services Bulletin [IMD]
8Clarification on Significant Increase in Trading Volume of Company’s Security [SPCFL]

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India’s tyre sector is projected to grow strongly through 2047
8The roadmap highlights capacity build-out and technology upgrades
8Policy support and EV-led demand will be pivotal
8Export push will also be a key driver

8Promoter sold 74,997 shares on September 12
8Holding now 0.63209%
8Disclosure filed under SEBI SAST and PIT rules

8Meetings will be held in Mumbai on September 23
8Group and one-on-one sessions are planned
8Decks will be on the company site; timings may change

8Group meeting in Delhi on September 19, 10–11 am
8Physical format; schedule may change
8No UPSI will be shared

8The 1:1 bonus share issue was approved on September 12
8Record date is fixed as September 23
8Eligible shareholders will receive bonus equity shares

8Two analyst meetings are set for September 19
8Schedule may shift if needed
8Disclosure made under SEBI Reg 30

8Industry voices warn India may hit a hard stop after E20 blending
8Vedang Pittie urges a staged shift to E25 and E30
8Policy clarity is key to investor confidence and supply security

8SK Group will sell its full 35% stake in Sinopec-SK Petrochemical
8Sinopec is seen as the likely buyer
8The move signals SK’s shift from chemicals to AI, batteries, and chips

8The company will build a 2.5 MMT reserve at Padur, Karnataka
8It beat rivals with a bid just under the VGF ceiling
8The project marks India’s first private strategic oil stockpile

8Kumar Shantyayan to lead Delhi branch from Nov 1
8Koji Nakazato to head internal audit from Oct 1
8Part of senior management changes

One-on-one with SBI Mutual Fund is scheduled on September 22 in Mumbai
8No sensitive information will be shared
8The session signals steady investor interest

8Additional session in auction market
8Engagement of individual consultant engineering application development and testing at level III on contract basis
8Extension of last date for submission of applications for PNGRB awards for excellence in CGD and NGPL network
8Public notice for stakeholders’ awareness
8Public notice on PNGRB’s 12 amendments to technical regulations dated 23rd July 2025
8Appointments to senior management
8SES ESG assigns independent ESG rating of 67.2 (medium) to the company
8Update on deployment status of vessel SEAMEC PRINCESS