News & Bulletin Updates

Plastic use will be banned in temples under the Religious Endowment Department
8The first phase covers 25 temples
8Waste management units will be set up
8And violators will face fines

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8MEDAS will build a 500,000 lpd ethanol plant for NSL Sugars
8The unit will run on sugarcane syrup and grains with energy-efficient systems
8Execution is already underway

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8Kerala Rubber Ltd seeks technical officers for latex and dry products
8Apply online by August 27, 2025

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8Thermax partners HydrogenPro for alkaline electrolyser systems in India
8Deal includes tech transfer, local manufacturing, and EPC execution
8A test station will be set up in Pune as a first step

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8Shareholders okayed multiple director reappointments at the AGM
8Rs 2,000 crore debt issue approved
8Cost and secretarial auditors were also appointed

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The chemical maker posted Rs 2,202 crore revenue in Q1 on strong phenolics sales
8Net profit held at ?202 crore despite cost pressures
8Results showed phenolics contributing over 75% of pre-tax earnings

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8Q1 FY26 profit dropped 24% YoY to Rs 45 crore
8Revenue fell 15% to Rs 540 crore on softer demand
8Pricing pressure hit margins despite cost controls

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The US raised tariffs on Indian textiles to 25%, set to double to 50% this month
8Exporters face slowing orders and cash flow strain
9Industry seeks soft loans and market support to retain competitiveness

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8H1 profit dropped on high raw material costs and US tariffs
8A ¥30 bn savings plan and Dunlop expansion aim to lift margins
8Premium tyres to form a bigger sales share

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Rs 900 crore down, this 2G ehtnaol project is still struggling to get on to its feet
8Technology is one problem.
8Feedstock is another, and the latest is that it wants to overhaul its feedstock handling system

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8Malaysian palm oil stockpiles hit a 19-month high in July
8Analysts expect supplies to rise till October, capping prices
8Demand from India may lift the market later in the year

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8This is one of the quickest acceleration we have noticed in recent time
8Yesterday the company has advertised for pre-tender meeting for NHT & ISOM units
8And now it wants meetings for a Delayed Coker Unit and the Hydro-Processing Block
8The PMC is actively involved, on what is going on

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PLL’s PDH–PP pump tender tightens UOP IP control, eases financial bar for OEMs
8Petronet LNG’s rotary lobe pump package for Dahej’s PDH–PP project comes with strict NDA gates for UOP process data, but lowers financial thresholds — a mix that could reshape the vendor shortlist.
BPCL’s PRFCC ODC survey tender raises bar with pan-India, intra-Mumbai, and refinery-internal logistics mapping
8In a first for a GeM service bid, BPCL’s Mumbai Refinery route survey scope spans ports, city arteries, staging yards, and refinery pipe racks — all under a 60-day deadline. Tight re-survey obligations shift execution risk squarely onto the contractor.
GAIL pares back SAF DFR scope, puts ethanol–SAF tech risk and data costs on consultants
8The Maharatna’s revised Pata CO2 to SAF tender trims field tasks but hands consultants the bill — and the liability — for sourcing ethanol–SAF process data and market intelligence.
Third bid extension in BPCL’s Bina Petchem decoking compressor tender points to documentation bottlenecks
8BPCL has pushed the submission deadline for its high-spec API 672 decoking air compressor package at Bina Petchem to 26 August — the third extension — as vendors scramble to meet strict field-proven criteria and align with foreign principals.
MRPL’s 500 TPA green hydrogen tender stretches to October as LCOH metric and O&M risks narrow bidder field
8Five deadline extensions hint at bidder struggles with MRPL’s turnkey-plus-eight-year-O&M hydrogen tender. A strict LCOH-based award and 60,000-hour stack life guarantee put OEMs in the hot seat.
IOCL’s Digboi pushes back UCO tender deadlines as suppliers scramble for compliance
8The Digboi Refinery’s hunt for treated used cooking oil hits timeline snags, with back-to-back extensions hinting at supplier readiness gaps — but the move could set a precedent for bio-feed blending in India’s diesel stream.
IOCL’s Gujarat Bitumen project tender stretches bid window amid dual NDA roadblock
8Multiple bid extensions for the process traps package point to NDA-driven delays rather than scope changes. With licensor POERNER guarding IP under a 20-year confidentiality leash, bidders face a compliance marathon before supply even begins

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Cairn’s offshore slickline EOI sets high bar: Dual guarantees, offshore track record, and deep QHSE scrutiny
8Cairn Oil & Gas has issued a global call for slickline services at Ravva and Cambay with some of the toughest pre-qualification terms yet.
8Dual bank guarantees for parent-backed bids, offshore track record demands, and granular QHSE documentation set a high entry bar — favouring Tier-1 multinationals over smaller domestic players.
Cairn’s asset insurance EOI narrows field to top-rated global reinsurers with proven indian footprint
8Cairn Oil & Gas is seeking only A- or better rated global reinsurers with leadership experience on at least 10 E&P accounts — and prior Indian exposure — for its 2025–26 asset cover.
8The high entry bar and 7-day submission window all but ensure a shortlist of incumbent Tier-1 capacity providers.
Cairn midstream eoi sets high bar: Strict PQCs, 10% bg rule narrow vendor pool for rajasthan–gujarat pipeline o&m
8Cairn Oil & Gas’ latest midstream ISC EOI locks in only the strongest players, with turnover matching annual contract value, liquidity floors, and proportional consortium qualification rules.
8Parent-backed bidders face a 10% BG hurdle, signalling a shift to tighter vendor control. Expect leaner competition—and a premium on integrated pipeline O&M credentials

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8A new dry spinning unit in Changshu will raise Roica fibre output
8The move targets rising Asian demand for high-performance textiles

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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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