IOCL’s MPPL pump tender sets tight lineage bar, skips net worth and EMD
8A stringent tender from IOCL for motor-driven BPUs mandates same-plant, same-model pump lineage and drops net worth screening altogether — a selective yet MSME-friendly move with no room for generalist OEMs
Dual bank guarantees and zero-deviation clause tighten vendor compliance on BPCL APPS tender
8Vendors face an unusual double-security obligation under BPCL's Mahul-Rasayani APPS system tender, with stringent no-deviation norms, a hard site readiness clause, and no provision for advance payment—reshaping contractor risk profiles.
BPREP EPCC tender stretched to July as NDA complexity, licensor dependency slow bidder response
8Four extensions in submission timeline signal deeper hurdles in BPCL’s polypropylene and Butene-1 package.
8Confidentiality bottlenecks and slow bidder alignment with Axens protocols could delay the core BPREP execution window.
8No visible changes in commercial or technical clauses, yet four delays hint at bidder-side discomfort or backend readiness issues on BPCL’s side.
Cooling tower bid sees six deadline extensions, key terms shift in contractor’s favor
8After six extensions, BPCL's BPREP cooling tower package tender sees substantial clause shifts that tilt risk, cost burden, and performance accountability towards vendors—raising flags among experienced bidders.
Corrigendum pile-up clouds OIL’s dual tank farm tender clarity
8Multiple scope clarifications and document re-submissions signal growing complexity in OIL’s bid to hire an EPMC for its dual tank farm project in Assam.
8Contractors now face tighter pre-qualification despite prior shortlisting, with pre-bid replies addressing—but not fully resolving—key technical uncertainties.
IOCL Holds Firm on Rigid Terms in Auto-LNG Feasibility Bid, Despite Multiple Bidder Pushbacks
8With 50 LNG clusters and top-tier advisors, IOCL is blueprinting a nationwide fleet transition strategy.
8But despite receiving multiple vendor queries on payment cycles, experience recognition, and cost-sharing, IOCL has stuck to a strict structure for its Auto-LNG penetration study, signaling a top-down, no-concessions push toward clean fleet transition.

8IndianOil’s new EOI on biomass pyrolysis seeks high-purity feedstock processors for refinery-bound trials—but with full cost, risk, and technical alignment loaded onto vendors, without any assured commercial outcome.
8No purchase guarantee, no safety responsibility, and no fallback commercial support—vendors face a steep climb for access to bio-oil trials at five refineries.

8Receipt of letter of award from oil india limited for hiring of high pressure mobile boiler services [AESL]
8Gazette notification for rou acquisition from MWD24 to MWD21 under PMP Act in Gujarat [Gazette]
8Hooghly CSL secures notable order for construction of two luxury river cruise vessels [CSL]
8Intimation regarding specimen letter sent to physical shareholders for furnishing KYC [Alphageo]
8Change in board of directors of the company [EIL]
8Appointment in senior management team [KCL]
8Deployment status of vessel seamec II [Seamec]
8Revision in completion schedule and additional cost for mumbai nagpur jharsuguda pipeline MNJPL project [GAIL]
8Revision in completion schedule for srikakulam angul pipeline project [GAIL]
8Disclosure on capacity augmentation of DUPL DPPL network under regulation 30 of SEBI lodr regulations 2015 [GAIL]

8Financial results for the quarter and year ended march 31, 2025 [Sikko]
 8Transcript of investor conference call [HZ]
 8Investor presentation Q4 FY 2024-25 [GSFCL]
 8Intimation of proposed dissolution of downstream subsidiary ISGN corporation USA [CFCL]
 8Annual secretarial compliance report for the financial year ended 31st march, 2025 [SPCFL]
 8Intimation of virtual meeting with analysts/institutional investors on june 26, 2025 [DFPCL]

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8Analysis on DPNG & CNG Prices (As on April 2025) [PNGRB]
 8Intimation on Tax Deduction on Dividend [Aegis]
 8Investor Presentation – Q4 FY2025 [Aegis]
 8Appointment of Part-time Official (Nominee) Director [CSL]
 8Nomination of Shri Kapil Verma as Government Nominee Director on the Board of Engineers India Limited [EIL]
 8Intimation of Divestment in Veracity Supply Chain Limited, A Joint Venture Company [Adani Port]
 8Corrigendum II to the Notice of the Extraordinary General Meeting [MIL]
 8Board Approval for Corporate Guarantee of USD 412 Million for Overseas Fundraising by OOIL [ONGC]
 8Appointment of Shri Asheesh Joshi as Additional Director on the Board W.E.F. June 20, 2025 [BPCL]
 8Change in Directorate of the Company [IOCL]

8Category-2 rig talks drag on as ONGC eyes unrealistic rate cuts
The risk of no LoA looms.

8Project Name: Faizabad and Sultanpur District City Gas Distribution
8Project Cost: Rs 200 crore Click here for more details

8Project Name: Lakhisarai, Munger and Bhagalpur District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

8Quite a few companies eying this project

Petronet LNG’s cooling tower package for its Dahej petrochemical project had to be scrapped after late-stage amendments quietly shifted the scope from engineering supply to full-fledged post-commissioning operations.
8A six-month O&M clause, power penalty formulas, and rigid bidder qualifications were introduced midstream—without offering a clean commercial reset.
8The result: a tender too structurally unstable to survive its own contradictions.
Find out what happened next

8This is a first-of-its-kind development and has exciting forward implications

Copy-paste scope, different districts: HPCL replicates biogas model across Punjab
8Identical scope of work across two bids suggests a templated approach to CBG deployment, reducing planning overhead while maximizing land-specific flexibility.
8By geographically segmenting near-identical CBG tenders, The company opens the door to broader bidder participation and faster deployment under regionally optimized packages.
8The six proposed CBG sites may eventually link into Punjab’s CGD grid or cascading network—pointing to a long-view monetization strategy through regional carbon markets and manure sales.

8Just ahead of the June 19 bid deadline, the tender for PSV/PCV leak survey linked to three flare stacks has been withdrawn
8Why was that so?

HAZOP-QRA contract filters out 73% of bidders; only 4 out of 15 make IOCL's technical cut
8A tight technical screening process disqualified 11 of 15 contenders in IOCL's WRPL risk analysis tender, raising questions about sector preparedness and documentation standards.
8Only Bureau Veritas, Elazra, IFluids, and TUV India cleared the gate.
Heat exchanger race narrows as three bid for Dahej PDH-PP package
8EIL’s limited tender for Monel-clad exchangers draws bids from Gemini, Precision Equipments, and Titanium Equipment, signaling concentrated capability in exotic metallurgy.
Thin margins, wide gaps: GAIL Cauvery Basin drawing tender sees L1 bid 114% lower than L3
8In GAIL’s Cauvery Basin terminal drawing tender, a sharp 114% spread between L1 and L3 bids raises flags about aggressive pricing strategies.
8With one bidder disqualified, the outcome sets the tone for tighter margins in upcoming engineering service contracts.
Single-bid award to EIL raises concerns over closed-loop consultancy procurement at IOCL Rambili
8EIL bags job for CRZ clearance at NAOB Rambili, nearly 9% below estimate.
8With other bidders barred, IOCL's tender design raises red flags on competitive neutrality.

Petronet LNG’s petrochemical pivot triggers flare EPC tender
8The safety backbone of the upcoming PDH-PP complex, a twin-riser flare stack, is being offered on turnkey terms with 18-month execution.
8Bidders must demonstrate commissioning of a similar dual-riser, 72m+ demountable flare system in the last 15 years to qualify.
8Unqualified Indian bidders can rope in global partners via MoU to meet experience norms, as long as legal undertakings are provided.
Fifth extension in BPCL’s high-pressure exchanger bid raises concerns over vendor readiness and licensor compliance
8The repeated deferments of this specialty equipment tender hint at execution bottlenecks and tight NDA-driven licensor controls.
8Contractors appear to be scrambling for compliance amid high technical bar and financial rigour.
8Despite a stable scope, five successive extensions suggest that vendors are facing document readiness issues, possibly driven by CLG licensor NDA protocols.
8Extensions without technical clarifications raise concern: is vendor indecision to blame, or are spec ambiguities being managed off-record?
8Absence of public pre-bid clarifications despite multiple extensions suggests opaque communications between EIL and shortlisted bidders.
Bid timeline for Bina CPU package stretched again: Repeated extensions stir market curiosity
8The tender for BPCL’s CPU package under BPREP has seen four bid deadline extensions so far, now pushed to July 10. The prolonged timeline hints at bidder hesitation, possible scope misalignment, or specification ambiguities.
8Transparency concerns grow as BPCL/EIL hold back pre-bid Q&A or corrigendum disclosures that could address industry-wide doubts.
8The all-in turnkey approach under one vendor may be clashing with the multi-discipline integration nature of the CPU job.
Cooling Tower Bid Tilted to Buyer: BPCL defers specs, drops SD deduction
8Revised clauses in Bina refinery’s CT package ease contractor penalties but load spec risks onto bidders—raising flags on post-award exposure.
Design conflicts, boiler size squeeze, and approval rigidity cloud PLL steam system bid
8Despite an extension till July 7, critical design queries remain unresolved in PLL’s boiler package tender. Discrepancies in PRDS sparing, battery limit parameters, and structural feasibility hint at deeper coordination gaps.

Heater Package Scope Lockdown: BPCL, EIL Reject 90% of Bidder Scope Cuts
8Multiple TBWES attempts to scale back scope in the CDU-VDU heater package were overturned by EIL, reaffirming strict end-to-end responsibilities—hinting at a trend toward tighter vendor compliance.
8Despite bidders citing limited relevance, EIL insists on full 3D models even for small bore pipes and branch trays—elevating both cost and documentation effort.
8TBWES sought to restrict OEM supervision to select items, but EIL’s blanket stance on OEM presence raises execution assurance costs.
8EIL dismisses bidder suggestion to shift AMC burden to BPCL, maintaining long-tail vendor accountability across 5 years post-guarantee.
Bina Petchem’s HPRT Generator Bid Extended Amidst Deep Qualification Hurdles
8Stringent legacy equipment norms and complex affiliate conditions push EIL to extend the bidding window.
8Vendors eyeing India’s high-pressure turbine space face tightrope walk on testing, track record, and sourcing.
8Vendors must show prior delivery of HPRT or motor-pump packages with ≥80% power recovery, shrinking eligible players to legacy OEMs or their affiliates.
Repeated extensions raise flags over bid-readiness for Panipat 220KV switchyard job
8The bid submission for IOCL’s critical switchyard augmentation tender has been extended thrice — a potential indicator of bidder discomfort or misalignment. Meanwhile, tight timelines, HVPNL compliance, and intensive safety protocols point to mounting execution risks.

8A new 56,000 TPA coal tar distillation project has been proposed with the aim of producing coal tar pitch, creosote oil (light and heavy), and crude naphthalene.

Five-location ONGC gas treatment tender spans 15.45 LSCMD with full O&M scope
8ONGC’s Rajahmundry asset is tendering bundled GDU and DPD services across five installations, demanding 15.45 lakh SCMD of treated gas to meet PNGRB line-quality.
8The contractor must deploy, operate, and maintain integrated dehydration-refrigeration systems, with full utility, civil, and flare tie-ins.
8Mandapeta alone accounts for 9 LSCMD capacity—over half the total.
8Units must deliver output at 50–55 kg/cm²g with hydrocarbon and water dew points not exceeding 0°C—matching PNGRB's stringent line gas specs.
ONGC puts full GGS control in contractor’s hands for 4-year term
8The O&M tender for Nandasan GGS under Mehsana Asset marks a shift—complete operational responsibility, including pipeline segments, is outsourced. ONGC retains no supervisory role, making this a high-stakes, contractor-led model.
8With a 3% performance guarantee locked for over four years and zero ONGC provisioning for tools or spares, bidders face a heavy upfront financial load.
8Only well-capitalized players can sustain the working capital drag.
One-vendor model raises operational risk for high-stakes rig services
8OIL has rolled all logging operations—open hole, cased hole, perforation, and real-time interpretation—into a single package.
8The absence of sub-pack splits means any service failure could stall entire rig timelines in remote terrain.
8Oil India’s latest wireline logging bid for Northeast rigs demands not just tool deployment, but explosives and radioactive source handling too—under tight DGMS and PESO norms.
8With a 5% PBG locked for 15 months and no MSME relaxation, only well-funded vendors will qualify.
OIL awards Rs 73 crore contract for cable-less seismic system
8Oil India has selected a single vendor for a full-suite seismic acquisition system upgrade, shifting decisively from cabled to cable-less technology.
8The inclusion of AMC and extended PBG terms significantly raises lifecycle cost obligations for the vendor.
8With this tender, Oil India signals a permanent move away from conventional cabled seismic arrays.
8Field-ready wireless systems with full GPS, RTU, and QC integration are now the new baseline in its exploratory arsenal.
Four-way race for Nhava jetty revamp sets up marine EPC showdown
8Anantaa Engineering, RKEC, Sandeep Builders, and Vishwa Samudra are in the fray for ONGC’s high-stakes jetty revamp tender.
8With Rs. 12.19 crore EMD and 10% PBG, financial stamina and marine compliance are key differentiators.

8Flush with finds, this company wants to build a first-of-its kind terminal in India

From Rs 38 to Rs 122, gas prices vary wildly across states.
This raises questions on taxation, infrastructure, and operator strategy.
8Rs 122 for a Kg—Himachal Emerges as India’s Most Expensive CNG Market
Think Gas supplies in Kangra and Chamba districts push CNG prices to an unprecedented national high.
8Rs 66 per SCM—Uttarakhand's Piped Gas Rates Top National Chart
The highest D-PNG price in India is now recorded in Uttarakhand's hilly districts, supplied by Gasonet and others.
8Delhi’s Rs 76.08 CNG Tag Still Lowest in India—VAT Waiver Holds Strong
IGL continues to offer the most affordable CNG in the country, aided by Delhi’s zero-VAT policy.
8Piped Gas at Rs 38.52 in Assam—India’s Cheapest D-PNG Zone Revealed
Assam Gas Company delivers the country’s lowest domestic PNG rate in Upper Assam districts.
8Himachal’s CNG Spread Hits Rs 35.75—Biggest Intra-State Price Gap in India
From Rs 86.25 to Rs 122/Kg, Himachal Pradesh shows the widest variation for CNG supply across districts.
8D-PNG Prices in Assam Vary by Nearly Rs 17—Disparity Deepens Despite Common VAT
The gap between AGCL’s lowest and PBGPL’s highest price marks the widest in any Indian state.
8Madhya Pradesh CNG Prices Swing by Rs 17.78—From Rs 79.81 to Rs 97.59/Kg
A long list of GAs and 10 different suppliers drive wide regional price divergence.
8Rajasthan’s Rs 21.56 CNG Gap Reflects Patchy Infrastructure and Operator Mix
Prices stretch from Rs 80.44 to Rs 102/Kg even as Torrent, GAIL Gas, and AGP operate in overlapping GAs.
8Uttarakhand’s D-PNG Gap Widens to Rs 15—Sharpest Domestic Piped Gas Divide
From Rs 51 in plains to Rs 66 in higher elevations, price disparity in Uttarakhand is unmatched.
8West Bengal’s PNG Market Shows Unusual Stability—Just 33 Paise Price Gap
 Unlike high-variance states, Bengal’s D-PNG price remains tightly clustered across all operational GAs.

Seven contenders line up for 3-year HVAC AMC on onshore rigs
8A total of seven bidders, including established field service vendors and regional HVAC specialists, have thrown their hat into the ring for the 3-year maintenance contract covering critical HVAC systems on drilling and workover rigs.
8The scope includes both preventive and breakdown maintenance, with spares and skilled manpower provisioning forming a core evaluation parameter.
Three bidders qualify as ONGC enforces tight drill-site logistics criteria
8ONGC’s bulk handling plant tender saw only three out of four bidders make the cut, with disqualification tied to strict definitions of upstream experience.
8The rejection of a pre-bid plea to broaden eligibility marks a firm stance on field-proven credentials.
Seven labs clear ONGC’s tough twin-accreditation filter in Kakinada bid
8In a tightly contested environmental monitoring tender, ONGC shortlisted seven out of nine bidders—accepting only those with both MoEF&CC and NABL credentials.
8The disqualifications underscore a growing PSU trend of enforcing dual compliance, even on modest-value service contracts.
Insurers seek breather as ONGC’s offshore well insurance tender deadline sparks reinsurance crunch
8PSU and private insurers—including Oriental, NIC, UIIC, ICICI Lombard, and HDFC Ergo—have formally sought extensions to ONGC’s 23 June bid deadline, citing delays in reinsurance commitments.
8With extension requests ranging from 27 June to 1 July, the coordinated scramble reflects deeper strain in upstream risk underwriting for India’s offshore energy assets.

8India contributes negligibly to global fugitive emissions from the LNG sector despite the fact that it has a large LNG footproint, with half its gas demand coming in from LNG
Here's why, click on Details for more

Revised TPI panel confirms 18 agencies eligible for Ahmedabad Asset inspections
8The updated Appendix-TPIA-1 lists empaneled agencies including SGS, Bureau Veritas, TUV SUD, and IRCLASS—clearing ambiguity around who can certify QA/QC during civil execution. ONGC’s formal release provides execution-stage clarity ahead of financial evaluation.
ONGC inserts PM internship clause in O&M tender, raising stakes for bidder HR strategy
8A late-stage corrigendum to the Rajahmundry O&M tender mandates preference for ONGC-trained PMIS interns in all personnel hiring. This introduces a quasi-local sourcing bias with implications for contractor HR planning, onboarding timelines, and bid strategy. This HR stipulation directly impacts crew mobilisation timelines and hiring flexibility for Rajahmundry operations.
ONGC extends offshore pipeline corrosion audit bid deadline to 4 July amid technical prep load
8The ICDA tender for a 20” multiphase subsea line in Andhra Pradesh sees its submission date pushed to 4 July, giving vendors extra time to consolidate complex flow, corrosion, and microbial modelling inputs. The shift hints at high technical entry barriers and cautious bid formulation.
Short extension granted for Mehsana instrumentation contract under LCB route
8ONGC has extended its field instrument servicing tender deadline to 26 June, reflecting the pushback from smaller local bidders trying to meet document and manpower mobilisation standards under LCB norms.