8It’s not a hush-hush affair, it’s a disclosure-driven one
8Analysts to gather at Nerul for insights into the specialty play
8The meet is scheduled for September 11, 2 pm onward
8Privi keeps it compliant while keeping it engaging

8This isn’t greenwashing, it’s green cash flow
8Carbon goals are wired into the profit engine
8ESG is no longer a slogan, it’s a revenue stream

8Intimation to members for updating email ID and KYC [GNFC]
8C&AG comments on standalone financial statements of National Fertilizers Limited for FY 2024-25 [NFL]
8Annual report 2024–2025 [AFL]
8Annual report 2024–2025 [SCSL]
8Annual report 2024–2025 [SPCFL]
8Annual report 2024–2025 [APIL]
8Steel cut for Yara Eyde – world’s first ammonia-powered container ship [Yara]

Reactor logistics package re-tendered with extended deadline at RCF Thal urea units
8RCF has re-issued the tender for urgent reactor transport works at its Thal fertilizer complex, extending the bid window. The new due date of 13 September 2025 signals schedule slippage but also a chance for wider participation. Behind the re-tender lies the same tight compliance and reinstatement regime that has already tested bidder appetite.

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

8Find out what it is

8IOCL’s R&D-anchored EOI for a HEFA SAF catalyst system and reactor design has moved through multiple date shifts without touching scope or PQCs. The base unit and feedstock annexures reveal where the real constraints lie: impurities, hydrogen, and cycle-length. With only one licensor visible at technical opening, the next move will decide whether this stays a screening or becomes a negotiated path.

8Find out what is doing next in this shallow carbonate with severe mud losses and historical casing and steam integrity issues
8Will it get it right this time around

HPRGE shortlists Avant-Garde and Fichtner for three-site CBG DFR/PMC mandate for HPCL Renewable & Green Energy
8Six names entered, but only two cleared the technical bar for HPRGE’s three-site CBG program. The scope spans DFR method, LEPCC tendering, and post-award PMC with strict commissioning/PGTR oversight. The real story is how concurrency, man-month caps, and IRR sensitivity demands will shape the final bid play.
HPCL narrows PMC race for Punjab CBG plants to Avant-Garde and Fichtner
8Only two of six bidders survived the technical filter in HPCL’s CBG PMC tender. New QCBS rules, a tight clarification window, and liquidity-heavy guarantees reshaped the field. Behind the clauses lies a clear strategy of controlled vendor pool shaping.

8The ASP receipt is easy but blend reproducibility is where the problem is
8In any case, the company desperately needs a solution to arrest rapidly declining production

8IOCL has framed its SRU shutdown tender to recover utilities and power at the invoice level. Three of four bidders have cleared technical, setting up a straight price face-off without reverse auction. The real spread will come from how each bidder prices crane time and steam-air consumption.

8EIL has kept the licensor’s MR behind a strict NDA and demanded a self-declaration that nothing was altered. Reverse auction is out, but item-wise evaluation is in, pushing vendors to fight on the high-volume tags. The delivery clock is just five months to site, and that changes how margins and logistics will be priced.

8A split award for 2D/3D seismic has been finalized, locking in a tighter technical regime and flexible volumes.
8The buyer’s corrigendum sharpened geometry, gear vintage, and PESO liabilities while easing performance security mechanics on GeM.
8What this does to margins and volume reallocation will hinge on undisclosed L1 gaps and early-run productivity.

8Vatsaa Energy has taken the DFR mandate for HPCL’s HP Green R&D Centre at a price far below the pack. The field shows an unusual spread, with L2 at +33.7% and L4 at +117.9% versus L1. The real story is whether low price meets modeling depth and grid-readiness.

8ONGC has granted a second deadline extension.
8The change rides alongside a new GCC clause that lets the client defer dependent mobilizations if rigs slip.
8The combination reshapes schedule risk, cash timing and bid-prep behaviour without altering core scope.

8ONGC has granted a second deadline extension.
8The change rides alongside a new GCC clause that lets the client defer dependent mobilizations if rigs slip.
8The combination reshapes schedule risk, cash timing and bid-prep behaviour without altering core scope.

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.

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.

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.

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.

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

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]

8The price witnessed a movement, find out by how much

8Here is the latest prices, including trends over the past month

8By how much the price have move, find out