News & Bulletin Updates

EIL locks usage-based SP3D stack for NRL PP unit with hard uptime economics and OEM single-bid dynamics
8A 99-licence SP3D rental with mobility across EIL offices and no minimum commitment changes the cost calculus for the NRL PP EPCM. The SLA attaches mirrored non-payment and penalties to downtime, capping exposures at 5% of annual rentals. But with only the OEM in play, where will price discovery and service depth really land?
BPCL Kandla rail FSR tender sees RITES and Technofin survive tight PQCs
8BPCL’s feasibility study tender for Kandla–Gandhidham LPG rail link screened out three of five bidders. The structure waives EMD but defers payments until railway approvals. The survival of only RITES and Technofin signals how PQCs are reshaping competition.

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PLL PDH-PP Dahej pumps slip to 17 September as EIL keeps EMD/RA off and hard-gates milestone-1 to CPBG/ABG
8A limited, NDA-gated pump package has now seen two extensions, stretching the window by 27 days. EMD and reverse auction are off the table even as SCC ties first payment to CPBG/ABG. The mix lowers bid friction but tightens post-award liquidity—watch how the vendor pool reacts.
Two-step extension pushes pressure-vessel bid to 12 September in BPCL Bina BPREP
8EIL, the PMC, has added a second extension to the BPREP carbon-steel pressure-vessel package, taking the deadline to 12 September. The move likely reflects a tight heavy-vessel vendor pool and licensor-linked NDA compliance. The implications for competition, pricing and schedule are more interesting than the extra 14 days.
HPCL Vizag refinery pushes SAF-grade UCO buy amidst tougher ATC over-rides
8Two extensions stretch HPCL-VR’s UCO bid window to mid-September, but the quality bar and legal over-rides stay firm. Arbitration is out, HPCL conciliation is in, and shelf-life liability reaches into downstream product. The message is clear: bring verifiable, ISCC-backed UCO at spec, or stay out.
IOCL pushes Paradip RPC CFBC boiler EOI dates by one week to 22 September
8IOCL has shifted the Paradip RPC CFBC boiler EOI calendar by seven days across pre-bid, submission and opening. The windowed submission now runs 16–22 September after a new 15 September pre-bid. What this means for bidder readiness, interface risk, and 20-year O&M guarantees is where the real story lies.
BkW guarantees pushed to priced cover as HPCL tightens vertical SPP rules for LMBU
8HPCL’s LMBU pumps package quietly rewrites the playbook on how power guarantees are declared and enforced. A revised BOQ, an Integrity Pact swap, and a firm “Part-II only” rule reshape both compliance and competition. The fine print decides who gets screened out before pricing even starts.

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HRRL Rajasthan emergency DG package retendered twice with forex cover scrapped and specs pushed to Rev-E/Rev-B
8The package has gone through two retenders in three months, with forex variation deleted and import duty evaluation rewritten. Technical specs have been refreshed with a Rev-E job spec, a Rev-B site/utility sheet, and a new layout drawing. Bidders now face compressed timelines under the latest September issue.
NRL’s PPU reactor tender tightens landed-cost discipline
8The package anchors a high-stakes reactor system where schedule slippage can cascade across the PPU. The 18-month FOB window balances fabrication and TPIA windows; the 15-day sitework clause tied to readiness compresses on-site exposure and incentivises front-loaded planning between EPC and OEM service teams. The RFQ nudges global OEMs with an EMD waiver while keeping CPS/WBG teeth. The fine print forces hard quotes on freight, supervision and training, killing “to-pay” workarounds. The schedule and evaluation math will decide who can really deliver a landed-cost-clean reactor to Numaligarh.
Crane hire for CRU turns into a governance test on wage pass-throughs and HSE KPIs in IOCL Guwahati Refinery
8IOCL’s Guwahati tender pushes refinery-grade PQC into a seemingly routine crane hire. The fine print limits wage pass-throughs and hard-wires HSE scorecards into payments. The winner will be the fleet that can meet uptime without banking or documentation slips.

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Hazira HRSG revamp puts independent conformance at the centre in ONGC, TPIA engagement
8ONGC has invited single-bid offers to empanel a third-party inspection agency for the Hazira HRSG #2 revamp.
8The scope hard-wires R/WR/W/A roles from shop to commissioning, with ONGC reserving interview and continuity control over the TPI team.
8The PQC and non-split packaging point to a small, specialist bidder pool.
OIL’s Dandewala gas sweetening EPC bakes in 10-year energy loading and strict 30-day PGTR
8A membrane-based 0.5 MMSCMD sweetener at DND-GPC comes with an unusually explicit power-cost loading.
8Payments lean on dispatch proofs while PGTR locks performance over 30 uninterrupted days.
8The real story is where the risk and cash now sit—and how OEMs will price efficiency.
Pre-bid tightens equipment form-factor, deletes diesel escalation, and normalizes 4-hour operating day for Assam for ONGC nitrogen pumping
8Bidders tried to trade certainty for cost recovery; ONGC held the line.
8Trailer-mounted units and diesel escalation both fell away, but driver norms and “new purchase” eligibility opened the door for fresh entrants.
8The big tell is a 4-hour operating day in Assam that could reset pricing conversations.
Buyer widens security instruments and tightens integrity oversight in sand consolidation bid
8Oil has amended its GeM bid with cash-friendlier performance-security options and a named integrity-oversight stack.
8The pre-bid has been locked to a single slot in Duliajan to standardise clarifications.
8The mix reshapes participation economics while raising the governance bar.
ONGC resets dates, installs gated pre-bid and digitised securities for East Coast shore base operations
8The three-year shore base management tender has been pushed to mid-October with a newly formalised pre-bid on 16 September.
8ONGC has also overhauled security instruments.
8A sharp order-of-precedence now decides which clause rules when documents collide.

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8And it is a tough call
8And the sole bidder tender has been extended twice
8Why is Linde taking time?

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8Annual report 2024–25 [HMPL]
8New capacity addition at Pirpau, Mumbai Port [Aegis]
8Investor presentation [Asian Energy]
8Proposed scheme of merger of OEPL with AESL [Asian Energy]
8Change in management [Praj]
8Annual report 2024–25 [VLL]
8Annual report 2024–25 [GOSL]
8Business responsibility and sustainability reporting [Swan]
8Annual report 2024–2025 [Swan]

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