News & Bulletin Updates

IOCL’s Haldia flare study tender resets ATCs, extends bid window — complex brownfield scope ahead
8Bid extensions and a full ATC reset mark IOCL’s push for a robust flare adequacy study at Haldia. The brownfield job demands hydraulic and radiation compliance planning under worst?case power loss, with future unit loads factored in.
PLL’s PDH–PP heat exchanger tender tightens cashflow terms, locks bidders in via NDA gate
8Petronet LNG’s Dahej petrochemical package for high?flux tube exchangers pushes a heavy back?ended payment plan and strict zero?deviation compliance, with UOP’s Oleflex specs locked behind a no?exceptions NDA filter.
IOCL extends bid window for Kochi Naval Base HFHSD pipeline EIA–RA study, keeps scope and PQC tight
8An extra week to bid gives accredited consultants breathing space to comply with stringent PQC for the Navy-linked HFHSD pipeline project, but IOCL holds firm on scope, timelines, and security-sensitive deliverables.
IOCL’s Panipat tender pushes High-TAN corrosion risk squarely onto vendors with penalties tied to every PPM and MPY
8In a Rs. 23.8 crore, two-year GeM tender, IOCL has laid out a penalty-laced roadmap for high TAN crude processing in AVU-I. Every chloride ion, iron particle, and mil-per-year loss will now carry a direct cost to the contractor.
HPCL’s Compressed H2 design tender stretches to Aug 19 — Pre-Bid queries reveal integration and redundancy challenges
8HPCL has extended its compressed hydrogen detail engineering tender after bidders flagged compressor duty, redundancy, and 3–4 km plant separation as key design variables. The move underscores how safety-code compliance and integration risks are shaping India’s early hydrogen infrastructure plans.
BPCL pulls plug on compliance due diligence tender for overseas counterparties — vendor pool, scope likely under review
8A niche BPCL tender to vet overseas partners was withdrawn days after closing, raising questions over vendor eligibility, contract safeguards, and the PSU’s evolving compliance playbook. Sources hint scope and structure may see a reboot

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8In a rare move, GAIL has scrapped the site Performance Guarantee Test Run for its HPRT–Electric Generator tender, yet retained strict provenness rules that shut out pump-only OEMs and kept the 10-month delivery clock running — tightening bidder eligibility while shifting performance risk to shop tests.

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ONGC’s multi-asset plunger lift tender locks out msmes, doubles down on local content enforcement
8In a 45-unit, five-asset procurement, ONGC has stripped MSME/startup relaxations, mandated dual-stage local content certification, and tied final payment to compliance — signalling a capability-first, compliance-heavy model.
8With arbitration centralised in Delhi and pre-dispatch QA in-house, only seasoned, domestically anchored OEMs are likely to compete.
ONGC’s mallavaram gas specs tender raises bar — tight pngrb compliance, 50% liability cap, and 4-day mobilization push
8ONGC Eastern Offshore’s 18-month DPDU hire sets an uncompromising spec: PNGRB sale gas compliance at delivery pressure, rigid mobilization timelines, and penalties tied to HPHT gas price.
8Vintage caps and full-scope O&M shift execution and financial risk squarely onto contractors, signalling a shrinking field for capable bidders.
Super cryogenic systems wins ONGC cryogenic tank order at 59% below l2 bid
8In a sharp undercut, Super Cryogenic Systems has bagged ONGC’s 20 KL LN storage tank contract at 58.8% lower than IOCL’s offer, raising questions on sustainability and future bid benchmarks.
Noble engineers wins hazira pipeline retrofit with 16% lead over l2
8 ONGC’s Hazira pipeline modification tender closes with L1 bidder undercutting the nearest rival by 16% and leaving a near 50% gap to higher bids — signalling a two-tier pricing trend in specialised retrofit works.
Harsh engineering wins ONGC hazira pipeline upgrade at 15% undercut
8In ONGC’s shutdown-sensitive LPG & GSU upgrade package, Harsh Engineering outbid Damodhartech by a sharp 15%, signalling aggressive plays in live-plant pipeline contracts — but timelines and LD clauses could test margins.

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Dehn India edges out rivals by 6% in IOCL AC interference study bid
8Dehn India Pvt. Ltd. secured the Group A study at 6% below its nearest competitor, in a tightly bunched three-way race. The narrow gap signals a mature vendor pool with converging cost structures for specialized pipeline simulation work.
Dehn India wins IOCL’s Paradip–Balasore AC interference study with 7% price edge over rivals
8Dehn India Pvt. Ltd. clinched the IOCL contract for AC interference simulation on the Paradip–Balasore pipeline section, undercutting its nearest rival by nearly 7%. The close race between second and third place bidders signals a well-benchmarked cost structure in this niche domain.
Dehn India wins IOCL’s Balasore–Haldia AC interference study with 6% price edge in tight three-way race
8In IOCL’s reverse-auction for Group C of its AC interference simulation study, Dehn India undercut SARK EPC and JEF Techno by just 6–9%, signalling wafer-thin margins in a highly specialised niche. Future bids may hinge less on price slashing and more on technical differentiation.

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8A limited tender for BPCL’s Bina refinery compressor overhaul saw Siemens Energy emerge as the lone techno-commercial survivor

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8The MoU aims to boost plastic waste recovery through mechanical and chemical recycling, new plants, and high-quality recycled output

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PMIS intern clause sets soft entry bias in ongc TPI empanelment
8ONGC’s new empanelment tender bakes in a preference for its own PMIS-trained interns, tilting the manpower pool toward prior ONGC exposure — without making it mandatory.
Oil’s sadiya drilling tender hits 9th extension — market struggles to mobilise for remote HPHT challenge
8Oil India’s high Integrated Drilling Service tender for the Assam–Arunachal border has now seen nine bid date extensions, the latest pushing closure to 9 September 2025.
8With no scope changes, the prolonged cycle risks sliding drilling into a less favourable operational window.
ONGC pushes whipstock tender closure further — high-spec offshore package keeps PQC intact despite bidder pushback
8ONGC has extended the bid deadline for its 3-year, 80-job whipstock and window milling services package to 19 August 2025, holding firm on strict mobilisation and PQC terms. The extension buys vendors more time to marshal inventory and experienced crews, but with no scope concessions, competition remains limited to top-tier players.
8The delay risks pushing award timelines into a tighter offshore operations window.
ONGC updates tpia list mid-tender for push-pull tug hire — bidders must align immediately
8In a mid-stream tweak, ONGC has refreshed its empaneled inspection agency list for the Rs.200-crore Push-Pull Tug hire, forcing bidders to recalibrate compliance plans.
8Missing the update could cost bidders their qualification.

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8Q1 FY26 income rose 90% YoY to Rs 1,356 crore, with PBT up 98%
8Guinea bauxite exports hit a record 2.05 MMT
8While all India business verticals posted strong growth

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Tamilnadu Petroproducts’ Q1 FY26 PBT rose 33% QoQ and more than doubled YoY
8EBITDA climbed 25% on stable demand and lower raw material costs
8Revenues were up 2% from the previous quarter

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8Fineotex Chemical’s Q1 FY26 profit rose 24% QoQ on 14% revenue growth
8The new Ambernath plant boosts total capacity to 1,20,000 MTPA
8Strong demand in textile, oil & gas, and water treatment drove the growth

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8S. A. Panse’s second term as independent director ended on 13 August 2025
8She served the board for five years in her latest term

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8India reached E20 blending five years early
8Leaders now target higher blends and advanced biofuels
8The plan links clean mobility with rural growth and energy security

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8Perchloroethylene prices in Mumbai  increased due to persistent challenges in global supply chains, increased production expenses and fluctuations in international demand

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8August 13, 2025, saw a rise in Mumbai domestic intact anionic surfactant prices

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8The price of Styrene-Ethylene-Butylene-Styrene (SEBS) grade 503, produced by LCY Group, has remained unchanged in the Mumbai plastics and rubber raw material market

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8The price of Styrene Butadiene Rubber (SBR) PC grade 1502, has witnessed an upward movement in the Mumbai plastics and rubber raw material market

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8Ortho xylene imported tanker load prices registered a decline at Kandla port today

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8Oleic acid prices witnessed another change in the Mumbai market today, with rates moving lower amid sluggish demand

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8The Ahmedabad chemical market has experienced a noticeable uptick in Diethanolamine (DEA) trading sentiment today

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8What is the current domestic price? And how much has it changed since yesterday?

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8Track the current prices and compare them to yesterday's to identify any changes

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8Find out how much prices have moved

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8How much have Phosphorus prices changed in India over time? Find out

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8Compare the current prices of Fungicides in India to their previous prices

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8How much have fertilizer prices changed in India? Compare the current prices

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