Aerogel-GRP culvert insulation package awarded
8CPCL’s Manali refinery has closed its Phase-1 culvert steam-line insulation upgrade with a wide two-bid spread. The L1 price undercut the owner’s GeM estimate by nearly 12%. A UV-cured GRP cladding over ASTM-grade aerogel sets a tighter quality regime for future lots.

1) EIL extends BPCL Kochi Polypropylene pump bid deadline to 4 Nov 2025
8EIL has moved the bid submission deadline for BPCL’s Kochi Polypropylene Project — LCWS pump package — from 27 Oct to 04 Nov 2025. The eight-day reprieve follows pre-bid clarification and portal registration delays. Behind the minor shift lies a larger tension between tight confidentiality controls and vendor on-boarding speed.
 
2) Overtime clause deleted, SEZ pricing clause tightened in GMPL PTA plant.
8GMPL has struck clause 6.9 on extended-hours payments from its PTA assistance tender. Buyer-added ATC now locks zero-rated SEZ pricing and a ±25% option window. The cost-risk transfer is subtle but material for commissioning-phase manpower.
 
3) Barauni water intake consultancy date shift and scope tightening
8IOCL has formalised phase-gates and single-order continuity for the Barauni Ganga intake PMC. The original close was 29-10-2025, while the revised deadline to 05-11-2025 is not specified in the documents shared. The add-ons tilt schedule risk toward the consultant even as feasibility precision is raised.
 
4) Extension and clarifications reshape bid contours for market study in IOCL polyester industrial yarn derivatives
8The bid clock has been pushed from 30 October to 06 November, and IOCL has cleaned up key frictions. EMD is off the table and Appendix XIX is out, but the 25% option clause is firmly in. The bar on “similar work” remains high, keeping the field specialised.
 
5) IOCL Paradip RPC-CFBC EOI slides to 03 Nov after five weekly extensions
8The EOI for 2×300 TPH RPC-fired CFBC boilers at Paradip was moved from 15 September to 03 November. The first corrigendum reset the calendar, and five subsequent weekly extensions followed. The scope and BOO obligations remain unchanged — and demanding.

1) GAIL Vizag DG-set PMC bid extended to 7 Nov
8GAIL has pushed the bid deadline for its DG-set PMC at Visakhapatnam to 7 November. The two-step extension follows a rigorous QCBS 80:20 framework and evidence-heavy BEC. The scope and securities are unchanged, keeping evaluation philosophy intact.
 
2) Deadline pushed to 04 Nov for SAF licensor
8BPCL has extended its Kochi SAF licensor bid twice, from 24 Oct to 04 Nov. The GeM ATC also sets offer validity at nine months, overriding the 180-day portal field. With EMD at Rs 20,00,000 and a 5% ePBG for 27 months, the risk framework stays firm.
 
3) Bid date pushed to 10 Nov for centrifugal compressors in BPCL Bina BPREP
8EIL has moved the submission window by fourteen days for BPCL’s Bina petchem compressor package. The original 27 Oct deadline is now 10 Nov, with scope and PQCs unchanged. Expect cleaner compliance packs rather than softer terms.
 
4) Bid end pushed to 31 October for instrumentation services in MRPL aromatic complex
8MRPL has granted a second extension for its aromatic complex instrumentation services tender. The close moves from 16 October to 28 October and now to 31 October, widening the runway by 15 days. The structure and risk splits remain, keeping Part-A wage exposure squarely on the bidder.

Assets are growing but margins are thinning
8Finance costs bite into profits
8Loyalist bureaucrat brought in to steady ship

8This is a strange situation
8And with accusations and denials, the fight will only get more intense
Something is messed up, and and everyone is now stepping into a regulatory minefield

8“Topline sales and consequently the profits were impacted by a marked slowdown in project execution and clearances. Order finalization too was impacted by this,.” the company said

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8Analyst and investor conference call on Q2 & H1 FY26 financial results scheduled for November 06, 2025 [CPCL]
8Disclosure of authorized key managerial personnel for determining materiality of events [KICL]
8Appointment of Mr. Ravikumar Perumal as non-executive independent director and retirement of Mr. Dakshinamoorthy Gunasekaran from the board [KICL]
8Conference call to discuss Q2 & H1 FY26 financial results on October 31, 2025 [Coromandel]

8Scheme for the registration of VCOs / NGOs [PNGRB]
8Aegis Vopak Terminals Limited approves acquisition of 96% equity stake in Aegis Terminal (Pipavav) Limited from Aegis Gas (LPG) Pvt. Ltd. [Aegis]
8Company signs MoU with Directorate General of Shipping to invest Rs.1000 crores during India Maritime Week 2025 [Seamec]
8OIL inks strategic alliances with BPCL and NRL to boost growth across refining, petrochemicals and logistics infrastructure [OIL]
8Financial results for the quarter and half year ended September 30, 2025 [ATGL]
8Adani Total Gas Q2 & H1 FY26 results [ATGL]
8Board meeting scheduled on November 1, 2025, to consider conversion of warrants and appointment of additional independent director [GNRL]
8CRISIL Ratings assigned credit rating to proposed non-convertible debentures (NCDs) of the company [HPCL]
8Clarification on crude oil sales to HPCL and examination of reported high chloride content in sample analysis [HOEC]
8BPCL signs strategic alliances with OIL, NRL, and FACT to drive growth in refining, petrochemicals, and green energy [BPCL]

8This week added Rs 5/kg versus T–7
8The month lens also shows a Rs 5/kg rise

8Across the fortnight, DBP is unchanged
8The three-month comparison shows a Rs 5/kg lower read

8Versus last year, DOP is lower by Rs 8/kg
8Over the month, the series eased marginally and then settled

8On a month view, Ethyl Acetate is up Rs 1.5/kg
8Day-to-day changes stayed small, keeping focus on level rather than direction

8Cyclohexane stayed level this week but displayed broader intraday variation
8The fortnight view mirrors this steadiness, though the underlying spread is now slightly wider than in September

8Aniline showed no change this week, maintaining the same level seen across the fortnight
8The month comparison also remains neutral, reinforcing the stabilising-near-lows pattern

8Acetone stayed unchanged this week and through the past fortnight
8The three-month reference also remains aligned, confirming a stable domestic phase

8Acetic Acid was flat this week after posting a mild increase over the past month
8Movement stayed contained, showing no material change on weekly or fortnight frames

8Acetonitrile rose Rs 15/kg this week
8Month view also shows a Rs 15/kg lift, with day-to-day movement contained

8PVC is lower than the same period last year
8Recent sessions showed little movement, and the near-term lens stayed quiet

8Compared with six months ago, LLDPE is broadly unchanged
8Weekly and fortnightly views show little variation, indicating a calm near-term phase

8LDPE eased Rs 2/kg on a fortnight read.
8The tone over a month is softer, with recent action clustered near the lower end

8On a month view, HDPE is lower by Rs 1.50/kg
8Day-to-day shifts were small, keeping the domestic market orderly

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

8Deepak Nitrite has informed BSE that its board will convene on 12 November 2025
8The agenda includes approval of standalone and consolidated unaudited results for Q2 and H1 FY26

8DCW Limited has notified exchanges about its upcoming board meeting on 4 November 2025
8The session will consider unaudited financial results for Q2 and H1 FY26