8IOCL is inviting five-year offtake proposals to capture value from this refinery’s mixed-strength flue gases. With custody ex-units and all capture/logistics costs pushed to the vendor, the risk-reward sits squarely on technology and operations. The pricing key is a per-MT quote with annual escalation, but the deeper commercial scaffolding will be set post-shortlisting.

8The bid clock has moved nine times. The shifts track a steady drip of clarifications — from no free-issue materials to commissioning-utility ownership and ecs interfaces. The commercial core stays tight while the technical canvas fills in.

8BPCL’s Bina tankage bidders pressed for plot plans, steel escalation baselines, and hydrotest water treatment clarity. EIL’s replies kept escalation opaque, shifted inhibitor costs to contractors, and deferred tank pad sequencing to post-award. The package tightens risk on the vendor side without loosening delivery timelines.

8IOCL has pushed ahead the Paradip PO–Polyol consultancy bid while hardening commercial controls with Reverse Auction intact. The study timeline moves from 12 to 16 weeks, but the zero date remains tied to the kick-off meeting. Separate licensors, independent grid power, and licensor-anchored flare/utilities sizing raise the entry bar for bidders.

8BPCL has pushed the EPCM deadline for the HCU revamp ahead while issuing Addendum-1 and a dense Q&A pack. The owner has refused requests to relax man-month triggers, outsource key roles, or soften liability, and has reiterated no escalation on the lump-sum. With TA-1 staring at April 2026, the message is speed without subsidy—plan early, price tight.

EIL pushes BPREP HPRT–generator bid by 76 days without easing PQC or zero-deviation — BPCL BPREP
8Seven deadline shifts have taken the HPRT–generator package from 19 June to 3 September. The IFB’s API 610 duty and Ex-d/Ex-de motor credentials still anchor a tight PQC. PPP-MII and zero-deviation remain intact, pointing to quality-first procurement.
NRL tightens risk and liquidity screws in NREP LPG BOP addendum — insurance annexure overhauled, EMD reset
8NRL’s first commercial addendum for the NREP LPG BOP package quietly moves risk uphill: a rewritten insurance annexure with hefty deductibles and seasonal HDD constraints. The EMD correction to Rs 1.62 crore raises the entry bar while a new deployment schedule demands credible manpower curves. The fine print will change how bidders price contingency, insure workfronts and plan river crossings.
HPCL pushes Bayavaram HRS consultancy to 09 Sep and locks single-vendor award with 7/21-day certification clocks in HPCL Bayavaram HRS consultancy
8Three extensions in ten days point to query digestion rather than drift. The award will be 100% to one consultant, with tight design-certification SLAs and PESO-focused site checks. The price-bid will be lumpsum, but your breakup must stand up to HPCL’s audit trail.

PLL retenders Dahej PDH-PP material handling contract, tweaks crane clause but keeps hardline commercials
8Petronet LNG has re-issued its Dahej PDH-PP plant material handling tender after the first round lapsed. Contractors pressed for relief on minimum manpower and heavy-lift reimbursement, but EIL stood firm on “all-inclusive” rates. Only concession: Hydra/Farana allowed in place of a 12-MT revolving crane.
BPCL Bina pushes HIC-grade condenser spares with zero-deviation, ITP-led controls
8BPCL’s Bina Refinery isn’t just buying tube bundles; it’s buying uptime. HIC parity across tags, exhaustive ITPs, and N2 inerting move failure risk off the unit and into fabrication controls. The commercial spine looks standard, but the zero-deviation posture will decide who can actually bid.
IOCL Paradip PP line-2 recirculation compressor tender hard-codes API 617 pedigree, NDA gating and Class-I supplier bar
8IOCL is buying a same-frame, API 617 recirculation compressor for the PP gas-phase reactor, with 15 months to deliver and no EMD. The catch is a no-deviation NDA gate, Class-I supplier eligibility and a strict proven-track record filter. The real contest will hinge on who can evidence same-model installs and still meet India-based engineering and service expectations.

Sole-bid technical opening for DCS augmentation under zero-deviation terms in BPCL BPREP
8EIL opened technical bids for BPCL Bina’s DCS augmentation and saw a single OEM at the table. The RFQ’s zero-deviation, OEM-only and bottomline evaluation stance narrows field strength but compresses integration risk. The real story is how PRS, site-work cash holds and bank-guarantee ratings rebalance risk and liquidity.
Four majors file technical bids as PLL front-loads performance risk into evaluation in Petronet LNG PDH-PP, Dahej
8A tight Exhibit-D and PGTR-linked guarantees will make engineering choices show up in the price on day one. NDA gating keeps licensor-sensitive details behind a high bar, filtering for serious EPCs only. With currency caps and composite guarantees, PLL has boxed in arbitrage while raising the cost of under-performance.
HPCL shortlists four for HPGRDC renewable DFR as bid pivots to hybrid-RE, storage and evacuation economics in Green R&D Centre
8HPGRDC’s DFR demands a hybrid design that can track a rising peak and still honour net-zero ambitions. No EMD/ePBG, a 2% security deposit and lump-sum pricing change the cash-flow math for bidders. The winners will be the houses that can prove dispatchable energy, not just nameplate megawatts.

8BoQ1 places Hamon at Rs 33.00 crore versus Paharpur at Rs 41.70 crore, a 26.4% premium for the runner-up. But BoQ2 flips the script with Paharpur lower on the guaranteed-power sheet, which EIL uses to load bids. The final pricing signal blends CAPEX with OPEX pressure points that will show up again at PGTR.

Toshiba dominates big-ticket lines as Wabag picks civil/mech lots; AMC tokens surface in BPCL BPREP ETP
8EIL’s corrections to the price book and INR-only stance funnelled competition into the EPC base where Toshiba undercut Wabag by 5–14% on marquee BOQs. Wabag replied with double-digit edges on BoQ-4/5 while AMCs saw token bids from Paramount. TA-02 raised the integrity bar with cathodic protection and dosing caps, tilting the balance toward reliability-first designs.
HPCL unifies compressed H2 duty at 70 kg/h and locks two-compressor design in award-stage detail engineering
8HPCL has collapsed grey and green hydrogen duties into a single 70 kg/h basis and mandated two compressors with a common spill-back. Vendors must now size lines for both parallel and single-machine operation while meeting OISD/NFPA/CGA safety overlays. The award value is Rs 1.82 crore, but the winning bidder’s identity is not come out yet

8ONGC has opened a market call to harden the scope and qualifications for a PSV-to-WSV conversion consultancy.
8The remit spans tender drafting to sea-trial sign-off, with design, QA and regulatory assurance built in.
8The next tender’s competitiveness will hinge on how deeply this EOI captures cost realism and capability signals.

8A Ceiling on Volatility: Bhaskar Gas Capped at $10/MMBtu
SunPetro’s Bhaskar field may be niche in volume, but the new price cap cuts off the speculative upside seen in Cairn and Oilmax auctions.
8Dangeru Joins the Patchwork With PPAC + Premium Model
Antelopus Selan’s Andhra block is barely 10,000 SCMD, but its pricing formula adds yet another strand to India’s fragmented indexation mix—this time locking to the PPAC ceiling rather than LNG or Brent benchmarks.

8A three-way contest for OIL’s Mahanadi land-rig hire closed with an unexpectedly wide spread.
8Amendments that broadened BOP OEM/connection options may have kept competition alive without diluting 10k psi integrity.
8The winning price now tests whether aggressive mobilisation and well-control readiness can be delivered within the bid economics.

TPI agency to shadow 6,525 MT EOR surfactant supply under tight 13-lot cadence — ONGC EOR surfactant TPI.
8ONGC has ring-fenced quality by mandating source sampling, bonding and destination checks for a large EOR chemical line.
8The BEC retains MSME preference but deletes PPP-MII, signalling a services-first interpretation.
8Centralized payment and a fast lot cadence raise execution stakes for TPIs while compressing float and schedule slack.
Floor-priced, availability-heavy O&M for Tatipaka–Mandapeta compression goes two-packet on GeM in ONGC Rajahmundry Asset.
8ONGC has ring-fenced a three-year O&M with a floor-price that bakes in 57 skilled heads and emergency spares.
8The technical brief demands 24x7 operation across four reciprocating trains with mining-grade safety credentials.
8Bidder upside now rests on predictive maintenance depth and mobilization discipline rather than wafer-thin staffing.
Tight-band ILM rig dismantle/build job goes to Electricals Solution at ONGC MBA Basin ILM package.
8Six quotes closed within single digits of each other for ONGC’s three-site ILM package.
8With EMD deleted and a 5% performance bond intact, liquidity shifts to execution where schedule risk lives.
8The winning number now has to beat ILM cycle-time drag without room for claims theatrics.
 Participation split: four qualified, four disqualified — Oil India intelligent pigging tender
8The bidder field narrowed sharply after PQC and performance revisions, with Athena, Kinben, Lin Scan, and VDT clearing the bar while four peers fell out.
8Exact disqualification grounds are not disclosed in the documents shared, but the tightened criteria point to capability proof as the gate.
8The balance now favours OEM-grade tool operators over generalist pipeline service firms.
ONGC caps post-restoration liability at 12 months and extends bid date to 15 September for oil-spill bioremediation rate contract.
8A seven-day extension buys bidders time to firm up compliance and TPIA-verified credentials.
8More importantly, ONGC has bounded a previously open-ended liability tail to 12 months.
8The risk-return math changes, and so does the likely depth of competition.

8The state is pitching its integrated textile parks as future-ready hubs
8Backed by policy support, the sector is being prepared for expansion
8Focus is beyond handloom and toward large-scale apparel exports

8Shell will not restart its Rotterdam biofuels plant
8A review showed the project would not be competitive
8Capital will shift to other low-carbon priorities

8The company plans Rs 1000 crore investment over three years
8Rs 450 crore is already spent, with Rs 250 crore more in the pipeline
8Net worth has doubled to Rs 683 crore in FY25

8Nirmala Sitharaman assured industry leaders of policy backing
8Rising costs and slowing exports have pressured mills and manufacturers
8Relief is being considered to help sustain competitiveness and jobs

8The AGM is set for 26 September 2025 with the 2024–25 annual report
8Revenues reached Rs 16,400 crore and PAT was Rs 1,468 crore
8And sales averaged 8.99 mmscmd, showing steady demand growth
Find out more about what the report has to say

On 23 September, the refining major’s management will join a marquee investor meet
8The session is part of J.P. Morgan’s annual India conference
8This will keep HPCL visible among global funds

8In the Mumbai plastics and chemicals market, Precipitated Silica (Producer TATA, grade -Feed Grade ) witnessed a price cut today

8In the Mumbai market, the price of Neopentyl Glycol (NPG) witnessed a decline today

8Ahmedabad’s chemical market has recorded a decline in phosphoric acid (technical grade) prices this week, supported bysupply overhang both in the domestic and international markets

82-Ethylhexanol prices in the Ahmedabad market recorded a modest decline today, reflecting softer seasonal demand trends

8The Delhi chemical market has reported a decline in Propylene glycol this week, with prices moving lower as buying interest softened