ONGC pushes directional drilling tools tender deadline
8ONGC’s Mehsana Asset has extended its tender for two sets of directional drilling tools, signaling possible bidder readiness issues.
8The shift may delay award timelines but gives vendors breathing space to comply with PQC and supporting company obligations.
ONGC extends rajahmundry rig tender to Aug 27: Bidder scramble over zero-vintage requirement
8Deadline pushed as contractors seek time to align financing, HSE compliance, and TPIA certifications; ONGC balances timeline risk against bid depth.
Hot oil tender pushed to late august amid bidder pushback
8ONGC’s six-unit HOCU hiring package has been extended to 29 August 2025, after bidders raised concerns over OEM safeguards.
8The delay gives contractors extra time, but safety and compliance questions remain unresolved.
OIL’s directional drilling tender slips to september close
8Bid deadline for OIL’s bundled drilling and mud services package has been extended to 09 September 2025.
8Contractors gain time to recalibrate bids, but unresolved concerns on scope bundling continue to shadow the tender.

8The multiple extensions point to industry-wide hesitation: likely due to the niche nature of HPRT technology and high entry barriers.
8Only a handful of global OEMs (Ebara, Flowserve, KSB, Triveni, etc.) can qualify, and Indian subsidiaries need complex corporate guarantees.

8This is part of a broader trend in IOCL expansion projects: cost optimization by modifying specs mid-bid and stretching timelines to attract more vendors.
8The “scope-reduction via corrigenda” pattern has been visible in other refinery packages too.

8Multiple vendors (Lloyds, Techno, GR Engg, Gemini, Expo Gas, Fabtech) raised the same transportation feasibility concern — large diameter transport is now harder due to new bridges.
8Vendors face tighter PPP-MII rules and unresolved cleat-weight ambiguities, even as BPCL takes on in-refinery transport.
8The pre-bid exposed transport bottlenecks and narrowed bidder eligibility on “trayed” column criteria.

8Three companies qualified for PLL’s demountable flare package at Dahej. Scope clarifications and technical amendments reveal a clear tilt towards client-side protection, leaving bidders to absorb uncertainties on fireproofing, dismantling, and foundations.
8EIL’s refusal to define derrick fireproofing height pushes cost and risk estimation entirely to contractors.
8No tonnage or RCC data shared, bidders must assume worst-case, raising hidden costs.

8Clearly, the project is purely a shot in the dark

8Petronet LNG’s Dahej PDH-PP complex tender for high flux tube exchangers has attracted nine domestic players. The EMD waiver eases entry, but cashflow stress and fixed-price conditions tilt the risk squarely onto suppliers.

8IOCL’s high-stakes tender for evaluating OALP-X blocks saw three bidders, but only GERMI qualified. Strict criteria, tight timelines, and confidentiality demands may be tilting the playing field in favour of state-backed institutions.

Maharashtra Seamless undercuts rivals by 15% to win Petronet Dahej 3LPE pipe order
8Maharashtra Seamless clinched EIL’s Dahej PDH-PP pipe package at Rs.54.8 crore, edging Jindal Saw by 15%. But the doubling of prices from other bidders reveals divergent cost perceptions and risk appetites in India’s pipe supply market.
Xplorer wins IGGL survey tender with 21% below-estimate bid; pricing gaps hint at aggressive undercutting
8Indradhanush Gas Grid’s NH-717A route survey tender saw Xplorer Consultancy clinch the deal, far below peers. The steep spread raises concerns of margin stress and execution risks in future bids.
IOCL survey contract near Jaipur bagged at 13% below estimate as rivals bid up to 4.5x higher
8A low bid by Swayin & Associates undercut IOCL’s own estimate and left rivals quoting much higher, exposing sharp divergence in risk-pricing for pipeline re-routing surveys.

IOCL Digboi’s biofuel tender struggles with bidder appetite; three deadline extensions signal weak supplier response
8The Digboi refinery’s plan to co-process used cooking oil in its hydrotreater faces a slow take-off. Narrow pre-qualification rules and uncertain volumes leave suppliers hesitant, forcing IOCL to push deadlines thrice in a row.
IOCL extends Panipat tankage tender; stiff PQC keeps mid-tier contractors out
8The two-tank EPC package at PNC has been pushed to August-end, with IOCL refusing PQC relaxation. Larger tankage EPCs gain time, but MSMEs are effectively locked out.
BPCL ties consultancy payments to pollution clearance milestones in PFCCU revamp tender
8The Kochi PFCCU expansion needs an NIPL certificate to bypass fresh environmental clearance. BPCL’s tight timelines and back-ended payments shift compliance and cashflow risks squarely onto consultants.

8Nano Fertilizers Pvt Ltd sought to replace its conventional STP–ETP system at Malanpur with a wetland-based “phytoremediation” scheme, but the Expert Appraisal Committee flagged the effluent’s heavy load and sent the amendment back, forcing the project to stick with its original ZLD design.

IPL bags lion’s share of Ma’aden cargo, smaller splits for Kribhco and CIL
NFL’s tender stumbles again

8Agro-advisory bulletin for Kodagu district [IMD]
8Business responsibility and sustainability report [PPL]
8Annual report for the FY 2024-25 [PPL]
8Letter to the shareholders providing web-link and QR code for accessing the annual report for the financial year 2024-25 [Deeak Fertilizer]

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8The Delhi market for Styrene Butadiene Rubber (SBR), Grade 1712, supplied by Kumho Petrochemical, has witnessed a sharp decline over the past one month

8The price of Toluene in the Mumbai market witnessed an upward trend today, driven by minor shifts in supply-demand dynamics and escalating raw material costs

8The price of Mixed Xylene (MX) at the Mumbai market witnessed an upward trend today, driven by slight fluctuations in supply and demand dynamics and rising raw material costs

8A revision in polymer prices has been announced by OPaL

8Indian Oil Corporation Ltd. (IOCL) has announced a revision in polymer prices, effective August 21, 2025

8Haldia Petrochemicals Ltd. (HPL) has announced a price revision across its polymer portfolio, effective August 21, 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 oil major has scrapped its earlier SCC, waived deposits but back-loaded payments, and capped change orders—leaving consultants squeezed on cashflow even as entry rules grow tougher.

8Reliance Industries Ltd. (RIL) has announced a fresh increase in its Polyvinyl Chloride (PVC) rates

8Project Name: Allahabad District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

8Project Name: Malappuram District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details