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8Find out the latest prices of Ethylene Dichloride/ Purified Terephthalic Acid (PTA)/ Acrylonitrile and Caprolactam

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8Stay ahead with the latest rates and trends across key commodities and chemicals

8Current news on the latest developments in fertiliser, energy, weather, agriculture [FAI]
 8Summary of NCLT-convened meetings of stakeholders of Mangalore Chemicals & Fertilizers Limited [MCF]

8Project Name: West Singhbhum District City Gas Distribution
8Project Cost: Rs 200 crore Click here for more details

8Project Name: Bengaluru Rural and Urban District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

ONGC has come out with a new 13 vessel offshore tender
8And it has some unique requirements not seen in tenders earlier
8No one knows how to analyse this better than we do

ONGC seeks QRA for 15 surface sites amid rising ALARP pressure
8From flash fires to BLEVE modeling, the risk matrix spans full-spectrum consequence analysis.
8SAFETI-backed F-N curves are now central to ONGC’s revised safety architecture in the Assam fields.
ONGC shifts Delhi pre-bid venue for vibrator-based seismic empanelment
8The 20 June 2025 pre-bid conference has been moved to ONGC's Deendayal Urja Bhawan in Vasant Kunj, Delhi—suggesting higher-than-expected bidder interest for this critical long-term empanelment.
E&P major floats a “no gain, no pay” drilling tender
8Will there be any takers for this, if they are paid only if production gain is achieved? If it works, this structure could significantly alter contractor risk-reward equations for enhanced oil recovery.

Siemens Emerges Sole Bidder for Compressor Revamp at Bina: BPCL Tender Opens Amid Tight Terms
8EIL’s limited OEM bid for Bina’s compressor revamp saw only Siemens participate, raising questions about bid attractiveness under tight milestone-linked payments and a no-deviation clause.
8Sole participation highlights underlying deterrents.
Tender for sump pumps draws five-way contest as BPCL–EIL rebuff requests for delivery relief and payment flexibility
8EIL’s rigid stand on 5-month delivery and payment holdback clauses draws bidder pushback in BPCL’s Mahul–Rasayani pipeline tender.
8Despite industry-standard requests, the owner–consultant duo holds the line, preserving client leverage.
HPCL’s QRA–HAZOP tender at Gwalior IRD awarded at 68% below estimate amid high disqualification rate
8This sparks concerns of sustainability.
8Two-thirds of bidders were disqualified, signaling tightening scrutiny despite routine scope or an attempt by almost everyone in the business to throw in their hats
Biodiversity study at BPCL Bina awarded at steep 70% discount over top bids
8Atharva’s winning bid of Rs 15.74 lakh undercut TERI and Deloitte by nearly 3x, raising concerns over project execution in a complex, multi-season biodiversity mapping study.
8Firms like CII, PwC, and TUV SUD couldn’t clear GeM technical filters—suggesting document rigour trumped credentials.

Six Bid Extensions and Still No Closure: BPCL’s Cooling Tower Package Sparks Pre-Bid Gridlock
8A flurry of extensions — six and counting — flags deep bidder indecision on BPCL’s CT-01 & CT-02 cooling tower package.
8With key clarifications still hanging, cost risk and execution feasibility emerge as bidder flashpoints.
Sixth extension delays Emerson control system bid for KSPPL’s Palakkad–Salem LPG pipeline
8Repeated bid deadline extensions suggest ongoing integration or contractual finalization issues in Emerson’s automation job for the Palakkad station.
8Addenda so far extend dates but offer no scope revisions—an unusual pattern that suggests commercial or readiness disconnects rather than bidder clarifications.
Bina GIS Tender: Spares Deleted, Ratings Tweaked, Capacitor Bank Clause Tightens Load Allocation
8EIL’s third technical amendment slashes mandatory spares and redefines critical design specs, tipping cost-risk equations subtly in the client’s favor.
8But several key bidder concerns remain brushed aside, raising execution risk flags.
Four Extensions and Counting: Hydrogen tender raises questions on scope clarity and bid-readiness
8Are bidders grappling with over-engineered specs, documentation overload, or hidden risks in the PSA Hydrogen Plant tender for PLL’s PDH-PP project ?
8We do an analysis
BPREP nitrogen tender sees AMC pullback on paper—but risk lingers for bidders
8Reversal of AMC clauses masks a silent cost shift to contractors, as BPCL retains post-commissioning service expectations without defining scope.
8Combined with soil risk handoff and motor spec tightening, the bid pack poses elevated exposure.
8This package continues EIL’s trend of removing clauses but retaining expectations elsewhere, complicating bidder compliance strategies.
Turbine Switchovers, Seal Air Loops, and Emission Contradictions Mark BPCL's Steam Package Rewrite
8A clutch of technical amendments and unresolved pre-bid contradictions signal operational risk and ambiguity in BPCL’s 265 TPH steam boiler EPC scope.
8From FD fan logics to dual-fuel burner constraints, contractors face specification gaps with cost and compliance implications.
8Superheater design pressure now rigid—OEMs warned of potential valve chatter.
8Enforcing norms without provision for emission control equipment leaves EPC bidders in a compliance grey zone
8Fuel storage clause vanishes: Who owns the tanks now? Mid-cycle deletion shifts capex and risk—interface with upstream fuel system remains vague.
8Frequent PID tweaks and NRV additions reveal a moving boundary condition at ISBL/OSBL.
Secrecy Clause, Deadline Push, and Vendor Lock-ins Define Dahej CCR Tender
8A confidentiality-heavy bidding process, vendor constraints, and deadline extensions raise both anticipation and eyebrows in the CCR package for Dahej's PDH-PP project.
8Contractors are navigating a high-stakes, tightly controlled engineering battlefield.
8Scope dispersion across dozens of annexures demands extreme document handling discipline—expect bid clarifications to pile up.

Radiant coil revamp in Panipat DCU pushes metallurgy, design risk onto DEC bidders
8IOCL’s latest DCU-fired heater retrofit demands TP347H metallurgy, detailed stress modeling, and full execution oversight from the consultant—but retains procurement control internally, shifting risk boundaries.
8The design engineering consultant cannot alter base assumptions but must own the outcome—raising liability on execution interpretation without upstream input control.
8Scope includes not just design but site adaptation and thermal re-analysis—blurring lines between consulting and EPC-lite models.
BPCL commissions QRA and HAZOP studies for Goa aviation fueling hubs
8The job covers full hazard and risk analysis across storage, refueling, and distribution facilities at Mopa and Dabolim airports, tied to ATF operations.
8Vendors will draft Emergency Response and Disaster Management Plans aligned to PNGRB’s amended 2020 regulations—marking a shift toward compliance-heavy aviation hubs.
Tight specs, loose ends: GAIL’s P&ID revamp tender raises access and eligibility flags
8While GAIL’s 36-month engineering scope appears straightforward, qualification restrictions, documentation rigidity, and overseas bidder obligations may dampen participation despite relaxed norms on paper.

There are two SAF plants coming up: one by IOCL based on international technology and another by MRPL based on CSIR-IIP’s local tech
8A landmark global study now claims that MRPL is a much better model than what IOCL is trying to do
8What is favoured are low-cost, national book-and-claim models and mass-balance accounting over high-spec global pathways—offering strong validation for MRPL’s approach.
8We do a full comparison of the two models and our advisory would be that the IOCL model should be scrapped

8From a fringe vertical to a serious growth engine—this desi EPC company's execution in Saudi Arabia gives it a beachhead for future energy infra bids.

8Award of order from ONGC [UDTL] 
8PNGRB invites applications for cashier post on deputation basis (level-4 pay matrix) [PNGRB] 
8Integrated annual report 2024–25 [KPIL] 
8Business responsibility and sustainability report for F.Y. 2024–25 [KPIL] 

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