8Project Name: Sundargarh and Jharsuguda District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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

8The tender elevates SCC terms over GCC and OCC in case of conflict. That shifts the locus of interpretation onto the scope-specific pages. Contractors will need to treat SCC wording as the de-facto rulebook.

1) EIL calls pre-tender for propylene mounded bullets for 360 KTPA polypropylene unit in NRL Golaghat
8NRL and EIL have opened the floor on a high-hazard storage package that will decide readiness for the polypropylene unit. The turnkey scope spans from plate to pre-commissioning but key commercial levers are still not on the table. What gets clarified at the pre-tender will determine both the bidder pool and the risk premium.
 
2) Thick-wall tall towers and strict site QA raise the bar for Bina petchem expansion — BPCL/BPREP
8BPCL’s Bina expansion puts an unusually dense slate of tall, thick-wall columns into a single MR with full-column shop hydro and site seam hydro baked in. The BQC knots large diameter, ≥54 mm metallurgy, and trayed-column experience within seven years, shrinking the viable pool. An exacting HSE regime and a long-tail NDA around licensor data further reshape who can credibly bid.
 
3) Delivery ambiguity and platinum cashflow intact in CCR catalyst retender for IOCL Mathura refinery
8The retender moved dates but left the platinum and assay machinery unchanged. A two-month NIT line clashes with a four-month technical delivery clause, raising schedule and LD questions. One typo in the LC line also needs fixing before funds flow.
 
4) BPCL tightens reliability screws with 24-month warranty-tied PBG on nitrogen plant — Lucknow LPG plant.
8A small-ticket nitrogen package now carries big-ticket warranty leverage. The specification pins purity and pressure while compressing delivery windows. The vendor pool will narrow to those who can absorb a 5% hold for two years.
 
5) IOCL Barauni oxygen plant O&M goes 24×7 with wage pass-through and restart duty
8IOCL has floated a two-year O&M for its 450 NM³/hr PSA oxygen unit with a hard 24×7 manning mandate. The wage-variation clause pays for statutory increases but bars profit on the differential, changing how contractors think about margin. A restart is compulsory because the plant has been idle since September 2024, and that’s where execution risk concentrates.

8IOCL-Bongaigaon has moved to secure licensor services for its HGU-PSA, opting for a single-licensor line-up. The bid architecture prioritises continuity and reliability over broad competition. But buried in the fine print are risk-transfer signals and evaluation levers that will shape delivery and margins.

1) Four bid extensions push BPREP tankages tender into mid-October
8A single-part, firm-price architecture remains intact even as the bid window slid by six weeks. PPP-MII enforcement with invoice-level retention tightens compliance screws during execution. Working-capital and documentation discipline will decide who stays competitive.
  
2) NRL PFCC instrumentation tender gets three extensions and tighter specs
8NRL has pushed the PFCC instrumentation bid to 14-Oct with matching opening shifts. The technical pack now fixes corrosion monitoring and network hardware expectations mid-tender. Behind the date changes is a bid pool recalibrating to clarified scope and strict PQ rules.
  
3) Three weekly extensions push NRL MS Block instrumentation bid to 14 Oct
8NRL’s Group B instrumentation tender has slipped by three straight weeks from its original 23 September close. The owner has kept technical opening one day behind each time while leaving PQC and EMD rules untouched. The cadence hints at participation and scope-certainty calculus rather than a shift in commercial stance.
  
4) Gujarat Gas pushes compressor capacity revamp while extending bid deadline to 14 Oct
8GGL has stretched the bid clock by 22 days even as it tightens the technical screws. A 2025 spec refresh adds higher-throughput options and pares back dispenser add-ons. The CAMC pack quietly introduces an SAT penalty that could reshape pricing.
  
5) BPCL extends ATF pipeline survey ARC bid by five days to widen vendor participation
8BPCL has quietly pushed the deadline for its ATF survey ARC to 13 October, a five-day reprieve for survey agencies struggling with GeM uploads. The extension comes amid tight qualification rules and zero EMD requirements that tilt the field toward experienced surveyors. Behind the routine date change lies a window into how BPCL is standardising loss-control contracts across its fuel pipeline network.
 
6) Bid deadline pushed twice; integrity pact flipped to mandatory for BPCL VBPL vertical-pump package
8BPCL’s VBPL pump package has been nudged forward twice, buying bidders 11 extra days. But the buyer also tightened governance by turning the integrity pact from optional to compulsory. The scope geometry and instrumentation have been clarified, leaving little room for on-site surprises.

1) Fishing tool basket tightened with single-award and strict submission protocol in Sun Petrochemicals/Hazira Block
8SunPetro wants a complete, OEM-backed fishing suite sized for 5-1/2” casing at Hazira, with 8–12 week delivery and 30-day cash terms.
8A single award, steep LDs, and rigid bid-bond/format rules point to schedule protection over bidder latitude.
8The gating on recent oil & gas PTR and OEM authorization will likely shape a smaller, more reliable vendor pool.
 
2) High-temperature, multi-stage frac-CT campaign hardens QA and securities, tenure clarity pending in ONGC Rajahmundry and CBM assets
8ONGC is buying a full frac-CT stack for 325°F tight sands with deep in-country lab and proppant QA.
8High EMD and a 5%/30-month ePBG push bids toward integrated houses with inventory and Model-50 capacity.
8A one-year SOW note versus a two-year GeM header could reshape pricing unless clarified at pre-bid.
 
3) Outcome-pay MPC with six-month sustain KPI re-prices risk in Baghewala pilot
8Oil India is buying MPC services for six Baghewala wells with cashflows tied to sustained production uplift.
8The KPI and monthly payment gate move risk from delivery to performance.
8With customs concessions defined and “No arbitration/mediation” shown, bidders will recalibrate both pricing and governance.
 
4) Gratuity liability shifts and IGST raised to 18% as ONGC tightens Nhava base handling contract
8Two pre-bid participants pressed ONGC on gratuity and welfare policy reimbursements — and got a harder line for new hires post-28.07.2025.
8A mid-bid amendment hiked IGST to 18% for List-33 petroleum-operations goods, re-shaping landed-cost math.
8The penalties and mobilisation LDs remain intact, putting delivery risk squarely on the contractor.
 
5) PPP-MII gating and e-BG rails define the playing field as ONGC extends SMART-FRS bid to 29 October
8Eight OEM-integrator teams turned up as ONGC’s pan-India facial recognition rollout tightened eligibility to Class-I/Class-II local suppliers.
8Electronic securities, insolvency bars, and an active-active DC/DR mandate reshape both risk and readiness.
8With the bid pushed to 29 October, the contest shifts from price alone to who can prove scale, compliance and uptime.

8ONGC has extended the bid window and tightened term mechanics on its 3,000 m drillship hire.
8The operator held the line on LDs while easing first-well MPD timing to reflect market realities.
8That mix of schedule discipline and operational pragmatism will shape both pricing and participation.

8ONGC has discontinued the stand-alone NIT and moved the process to its empowerment portal.
8The technical bars and downstream limited-tender pathway remain intact, tightening the vendor pool without pausing rig availability.
8The shift alters timing and workflow, not the underlying risk-allocation.

8OIL has shifted the bid closing to 04 November 2025 with same-day technical opening.
8No commercial or technical clauses moved with the calendar.
8The 28-day cushion is designed to deepen competition without diluting risk controls.

8OIL’s 1000 HP mobile rig tender is now working to a 23 October closing, materially longer than the original GeM calendar.
8The documents provided here don’t carry the extension notice, but all commercial and technical controls remain intact.
8Expect more bidders, not looser terms.

1) GST raised to 18%, mobilisation LDs tightened, bid pushed to 23 October in Oil India’s Kerala-Konkan Tier-1 OSR
8Oil India has baked a mid-cycle GST hike into its Kerala-Konkan Tier-1 spill-response tender while locking ATC precedence and quantified mobilisation LDs.
8The bid date moves to 23 October, giving vendors room to align IACS certifications, stock, and Kochi manpower.
8But the two-hour emergency readiness, vintage caps, and a hard option clause will still filter the field to pre-positioned specialists.
 
2) Tender timeline pushed by one day for civil works at CB-ONN-2005/9 & 2005/3
8Corrigendum-1 extends the bid due date to 09 October 2025 and aligns opening on 10 October 2025.
8No commercial or technical relaxations accompany the shift.
8The move preserves “critical” classification discipline while offering bidders tactical breathing room.
 
3) Bid closing and technical opening shifted to 16 October with calibrated liability and payment tweaks
8OIL has moved bid closing and opening to 16 October 2025, extending the runway without loosening PQC or mobilisation discipline for the Drilling Directional Wells with RSS-SDMM plus MWD-LWD plus Jar including Mud Services tender.
8Annexure-A1 quietly reshapes two pressure points: downhole loss depreciation and consortium payment routing.
8The balance tilts toward cleaner execution and marginally lower risk pricing, with governance rails intact.
 
4) Bid window pushed to 23 October with targeted scope and design edits in OIL Jorhat CBG plant
8OIL has moved the EPCOM bid gate to 23 October with same-day technical opening.
8Corrigendum-5 also strips out blanket 130% over-design and cleans up municipal interfaces while fixing a 30% factor of safety at pre-feed.
8The signals point to comparability and constructability without loosening the commercial spine.

8Approval of unaudited financial results for Q2 and H1 FY2025-26 [MBAPL]
8Q2 & H1 FY26 financial results presentation [MBAPL]
8Intimation of earnings call for unaudited financial results for Q2 and H1 FY2025-26 [KPL]
8Board takes note of NCLT Cuttack order sanctioning composite scheme of arrangement [PPL]
8CARE ratings reaffirms credit rating of company’s commercial paper [RCFL]

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8Nayara Energy Limited has reduced polypropylene (PP) grade basic prices, with effect from 9 October 2025

8Q2 is not a great quarter for oil & gas companies. And it is not going to be a great year, generally
8Yet, two companies are likely to shine: OIL and ONGC going ahead
Why is that so?

The winds of professional reform are finally sweeping through India’s oil PSUs — but not everyone is taking the same path
8At Indian Oil Corporation (IOC), Chairman Arvinder Singh Sahney has launched a highly selective leadership acceleration track under Project SPRINT, aimed at grooming just 50–70 high-potential executives for top management and future board-level roles
8At Hindustan Petroleum Corporation Ltd (HPCL), meanwhile, a more expansive approach is underway — one that aims to assess and develop nearly 500 executives through a rigorously structured, data-driven Assessment and Development Centre (ADC) model
8Both programmes target the same end: to future-proof PSU leadership against rapid market and technology change
8But their methods could not be more different

8Mangalore Refinery and Petrochemicals Ltd (MRPL) has reduced prices of its polypropylene (PP) grades with effect from October 9, 2025

8ONGC Petro additions Ltd (OPaL) has reduced prices of its polypropylene (PP) grades with effect from October 9, 2025

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8The owner's plan elevates dew point control, SIL-3 protection and modular swap-out into pre-qualification must-haves.
8A 6-month LSTK window, staged over prefabricated skids, aims to minimise production disruption.
8The acceptance hinge is a continuous 72-hour run test with zero tolerance for defects.

8EIL has cancelled its limited RFQ for a reciprocating compressor with labyrinth sealing under NRL’s PPU. The move pauses an otherwise standard two-part e-bid with no EMD and an 18-month FOB delivery clock. Whether this is a scope recalibration or a sequencing call will shape vendor strategy on any re-tender.

8HPCL has clarified price math and tightened bid hygiene for its leadership ADC programme. The SLA pushes platform reliability and rapid reporting with explicit penalties. A high technical cutoff has already narrowed the field to five capable firms.

8IOCL’s GeM tender for a fast-track petrochemical market assessment drew eight bidders but only four cleared technical scrutiny.
8The revised contract removes financial barriers but enforces tight deliverables and accountability.
8Its structure hints at IOCL’s accelerated downstream strategy and new model for knowledge-based procurement.