News & Bulletin Updates

8Indian Petrochem analysts have reported a cut in Methyl Isobutyl Ketone (MIBK)prices in Ahmedabad imported market

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8Indian Petrochem analysts reported a significant cut in mixed xylene (Imported repack prices in the Delhi market on September 30, 2025

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8Bharat Petroleum Corporation Ltd. plans to lay a new 24-inch, 2.3 km high-speed diesel pipeline from Oil Jetty-06 to the IFFCO chamber at Kandla Port. The Rs 11 crore project, which will ride on IOCL’s existing trestle, aims to cut tanker unloading delays and secure supply reliability across western and northern India. The proposal, requiring CRZ clearance, is slated for appraisal at the MoEF&CC’s upcoming 419th EAC meeting on October 3, 2025.

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8Blue Phosphate Ltd. is set to secure final environmental clearance for its fertilizer plant expansion in Udaipur, with SEIAA Rajasthan scheduled to take up the proposal on 29 September 2025. The Rs. 31.7 crore brownfield project will lift capacity to 600 TPD across fortified SSP, GSSP, and Urea-SSP products, with strict conditions on wastewater reuse, plantation-linked CSR, and restrictions on adjacent plots.

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8IOCL has shifted the bid date for its direct bale feed LSTK package five times, now to 04 October. Each corrigendum keeps all terms intact, signalling no dilution of PQCs or commercial protections. The move likely aims to widen qualified participation for a technically narrow biomass-handling scope.

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8Find out what happened

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8Project Name: Hyderabad District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

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8Project Name: Vijayawada District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Trading session on 27th September 2025 (continuous market) [IGX]
8Investor presentation [AES]
8Asian energy services ltd sets bold growth trajectory at 2025 AGM [AES]
8Withdrawal of CRISIL ratings for proposed working capital facilities [Alphageo]
8Appointment of the secretarial auditors of the company [Alphageo]
8Receipt of new export orders and order book update [Welspun]
8Appointment of secretarial auditor [SWP]
8Intimation of credit rating for commercial paper (CP) by India ratings and research [Afcons]
8Repatriation of key managerial personnel [IGL]
8Oil India reports occurrence of natural gas in Andaman shallow offshore block [OIL]
8Change of registrar & share transfer agent (RTA) [BPCL]
8Investor presentation [IOCL]

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1) Mehsana rigs earthing tender hardwires pre-power-up compliance and rapid mobilization
8ONGC Mehsana’s earthing package ties rig energization to double earthing and witnessed resistance tests under IS/OISD/CEA.
8The contract penalizes missed mobilization windows while rewarding documentation discipline with 10-day payments.
8A staggered start across rig classes, plus NG-specific lightning earthing, will shape bidder resourcing and price strategy.
 
2) ONGC Assam’s 2 MVA DT tender hard-codes Level-2 losses and full protection suite
8ONGC has specified a 2000 kVA ONAN transformer with stringent loss caps, full protective relays, and deep test/QA evidence.
8Contractors must also execute foundation raising, earthing, and end-to-end commissioning at site.
8The compliance bar could thin the field, but reliability gains at Sub-station-4 are material.
 
3) Two consultants emerge L1s across key BoQ packages with wide price spreads in ONGC retainership
8The L1s come in far apart from trailing bids, pointing to asymmetric risk pricing and installed delivery capacity.
8ONGC’s high qualification bar and TPIA mandate likely filtered the field to serious hydrocarbon players.
8The mixed deletion of replacement penalty language subtly shifts negotiations from bid stage to contract management.
 
4) ONGC DP-3 drillship hire: pre-bid replies harden 180-day mobilisation, LD math and MPD readiness guardrails
8ONGC has upheld a tight 180-day mobilisation window while clarifying that the first well will be non-MPD.
8Contractors pushed for schedule relief and LD recalibration but ONGC kept its EDR-based framework and a new deferment right for dependent services.
8The month-30 option signal adds planning visibility, yet the risk of idle spread during upgrades largely stays with the vendor.
 
5) Pre-bid pushback on inventory, testing and split awards meets a hard stop from ONGC in western offshore WBDF
8Bidders tried to pry open the fluids spec and logistics load, but ONGC refused to blink.
8The client accepted only paperwork relaxations and updated the tax baseline mid-process.
8Everything else stays engineered for control, not convenience.

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Induspect takes L1 for CRU inspection QC mandate in IOCL Guwahati Refinery
8IOCL closed its CRU inspection-engineer buy with a clear price ladder and two disqualifications. The award tilts towards mid-market specialists that cleared PQC and documentary hurdles. The spread over L1 hints at how premium brands priced compliance and continuity.

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1) Five-way technical contest opens for GWS/LCWS pumps under PLL PDH-PP Dahej as EIL keeps zero-deviation line
8EIL’s limited, NDA-gated pump package for PLL’s PDH-PP has drawn five OEMs into a clean technical face-off. The consultant reinforced MR discipline while acknowledging pragmatic, “proven-type” choices on ancillaries. Payment gating and a 9-month FOT push will decide who can execute without paper slips.
 
2) LCWS pump package splits into MR plus guaranteed-power tender for HPCL’s LMBU technical bids open with four OEMs
8EIL has run the LCWS package through a two-ID gateway where only priced Guaranteed Parameters count. A mid-September amendment flipped core specs to Rev-B, tightening tests and scope. The result is a cleaner, loaded evaluation where efficiency guarantees bite before price.
 
3) Two-horse technical opening for ejectors tightens discipline on PDH-PP schedule
8EIL opened the technical bids for PLL’s PDH-PP ejectors with just two vendors in the race. Zero-deviation rules and NDA gatekeeping signal a low-tolerance posture on licensor interfaces and schedule risk. The cash-flow ladder and 7–8 month delivery bars will decide who converts to an L1 contender.

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1) Date extended to 30 Sep as NRL resets safety interfaces and steel PV bases in NREP LPG BOP package
8NRL has pushed the BOP–LPG terminal bid to 30 September while issuing dense technical and commercial fixes. The addenda rewire FAS–ESD responsibilities, relax MMS/CMS to SIL2, and anchor steel PV to CPWD 10CA prices. The shifts widen the OEM pool and could trim risk premiums, but they also compress downstream timelines.
 
2) Bid clock slips 33 days, specs hold firm on IFR load and seals in BPCL Bina tankages
8EIL pushed the BPCL Bina tankage bid from 04 September to 07 October without touching scope or commercials. The pause buys time to patch missing P&IDs and plot-plan clarity even as the tender doubles down on IFR live loads, seal metallurgy and anti-static rules. Contractors now face a clean but tighter spec box with foundations sequencing still to be frozen post-award.
 
3) BPCL extends Kochi refinery energy optimization PMC tender to 3 October amid tighter TPIA compliance
8BPCL’s Kochi Refinery has pushed its detailed engineering and PMC tender deadline four times, now closing on 3 October. The bid packs unusual compliance burdens including third-party attestation of all technical and commercial documents. Bidders face tightened structural adequacy and simulation obligations even as the window for participation has been lengthened.
 
4) Digboi UPS buy gains 24-day runway without softening specs in IOCL DR-1.0 Expansion
8IOCL has pushed its limited UPS tender twice, now closing on 09-Oct-2025. The scope and evaluation spine remain intact, with no PQC relaxations and no PVC. That choice preserves quality gates but raises the bar on vendor readiness and cost discipline.
 
5) EIL extends bid deadline for BPCL Bina vacuum ejector revamp by 15 days
8Engineers India has pushed the bid submission for BPCL’s Bina refinery vacuum ejector revamp from 25 September to 10 October. The extension reflects the realities of single-vendor participation under a limited global tender. The delivery period remains locked at 11 months, preserving execution risk despite the date relief.
 
6) HPCL extends ISPRL–Visakh crude line engineering tender twice, pushing close to October close
8HPCL has granted two extensions for detailed engineering of the ISPRL–Visakh crude line interconnection. The submission window has moved from 19 September to 26 September and now to 3 October, a net two-week delay. The extensions point to tight bidder availability in this specialised domain, raising questions about schedule integrity.
 
7) Pressure-vessel package gets 22-day bid breather without shifting zero-deviation guardrails in PLL PDH-PP Dahej plant
8PLL and EIL have pushed the composite bid deadline for the PDH-PP pressure-vessel package to 03-Oct-2025. The extension keeps NDA gating, zero-deviation, and no-RA intact while preserving a 10-month delivery clock. For fabricators, the extra 22 days could be the difference between timely plate bookings and late weld maps.

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1) MRPL offsites pumps tender splits price and performance gates; BKW-linked penalties and extra warranty raise the bar
8EIL has carved the MRPL offsites pump package into a two-ID bid with a separate gate for guaranteed parameters. Energy performance (BKW) now carries explicit loading and penalties, and only compliant bidders proceed to price opening. A 10% performance BG and an extra warranty year add teeth to uptime and efficiency promises.
 
2) Energy-weighted pump buy tightens performance risk and delivery window in MRPL Bio-ATF
8MRPL’s Bio-ATF pump package hard-links award economics to the guaranteed BKW, with penalties and even rejection at FAT if vendors miss. EIL has wrapped the bid in a zero-deviation corset and a seven-month door-delivered schedule to compress execution risk. The tender is limited to enlisted OEMs, where lifecycle energy, not just capex, will decide the podium.
 
3) Floor-price ARC for instrumentation reliability locks in uptime obligations in IOCL Gujarat Refinery
8IOCL has put a floor-priced, two-packet ARC on GeM that ties fixed and variable quoting to weed out “nil-price” bids. The scope spans transmitters to DCS with certified tools, round-the-clock response and penalties for gaps. The unusual loading rule could reset pricing games across refinery maintenance contracts.
 
4) BPCL’s Bina Dispatch Terminal five-year O&M goes TAS-first with tight stock-loss caps
8BPCL has bundled end-to-end terminal operations at Bina into a five-year, value-wise tender without reverse auction. The pack hard-codes K15 loss norms and auto-mode interlocks while waiving ePBG. The pricing game shifts to KPI compliance, demurrage control and seal governance.

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8Agromet advisory bulletin for Palakkad district [IMD]
8Change in directorship [MMTC]
8Revised annual report for the FY 2024-25 [KICL]
8SEBI regulation 30 disclosure: penalty imposed by customs authority [Bayer]
8Company commissions 1500 MTPD sulphuric acid plant-D at Paradeep, Odisha [PPL]
8Sustainability report for the financial year 2024-25 [HZ]
8Coromandel international applies for re-classification of CECL and YCAS from promoter group category [Coromandel]
8TDI-II plant at Dahej resumes operations on September 28, 2025 following gas leak shutdown [GNFC]
8Dr. N. Ravichandran ceases to be independent director of the company upon completion of term [GNFC]
8NFL faces GST refund recovery claim of Rs.116.01 crore (FY 2022–23) [NFL]
8Communication in respect of deduction of tax at source on final dividend for 2024-25 [RCFL]
8MCF & Paradeep phosphates get NCLT Bengaluru approval for merger scheme [MCFL]

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo

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8Supreme Petrochem has announced a revision in the prices of its GPPS and HIPS grades, effective September 27, 2025

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8Project Name: Kakinada District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Change in Management [Afcons]
8Firoz Cyrus Mistry, Santosh Nayar join Afcons Board [Afcons]
8GAIL’s MNJPL project nears completion, full commissioning by 31st December 2025 [GAIL]
8Official Proceedings Report of Gujarat Gas Limited 13th AGM [GGL]
8Intimation of Award of Contract from Oil India limited, Rajasthan to Alphageo Offshore Services Private limited (AOSPL), a Material Subsidiary Company [Alphageo]
8Summary of the 10th AGM and CEO’s Presentation [IRM]

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1) BPCL HCU revamp EPCM bid pushed to 03 Oct as liability capped at 20% in BPCL Mumbai refinery
8BPCL has extended its HCU revamp EPCM bid to 03-10-2025 and quietly recut the liability maths. A new addendum caps exposure at 20% while pruning an open-ended negligence carve-out. The social-media compliance hook and digital housekeeping point to a tighter governance spine—not just a date shift.
 
2) Standards trump sketches in thermowell details in ONGC Hazira Part-B
8EIL replaced a requested project sketch with thermowell Standard 7-52-0035, tightening geometry and acceptance to a master reference. That removes interpretation latitude in a brownfield where tapping lengths and wake-frequency are unforgiving. The upside is fewer NCRs; the downside is zero room for site-fit improvisation.
 
3) Bid date pushed again for composite pipeline revamp in Hazira Part-B
8EIL has granted a second extension for the ONGC Hazira Part-B pipeline composite works, taking the bid date to 10 October. The scope’s hot-work interfaces and cathodic protection deliverables demanded deeper sub-vendor alignment. Policy filters remain tight, so this extra runway could reshape bidder strategy without relaxing compliance.
 
4) Bid window for 47 GC systems extended by 14 days in BPCL Bina Petchem & refinery expansion
8BPCL has pushed the bid deadline for its BPREP gas chromatograph package out by two weeks. The move intersects strict provenness rules, a licensor-tied NDA, and a heavy EMD regime. What it signals for bidder appetite and schedule risk is inside.

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1) Hydrotesting of siding pipelines pulled after bid window in HPCL Bareilly New IRD
8HPCL quietly cancelled a low-value, high-impact hydrotest package for its Bareilly New IRD siding lines. The scope was routine on paper but unforgiving on restoration timelines and cashflow. The cancellation resets both the shutdown clock and the pricing test for local hydrotest vendors.
 
2) BPCL Kandla LPG terminal surveys face reset after mass technical disqualifications in BPCL Kandla pipeline survey

8BPCL’s pipeline survey tender for the Kandla LPG import terminal drew six bidders but only one cleared the technical bar. With competition thin and compliance strict, the buyer has cancelled the round. The reissue will likely harden expectations around DGPS-driven alignment, crossings geometry and cadastral depth.

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8Indian Oil Corporation has completed technical openings for all three grouped station works in the Mundra–Panipat Pipeline conversion, drawing four bidders for Group-1, three for Group-2 and three for Group-3. Despite shifting dates, IOCL held firm on PQCs and liabilities, ensuring only technically credible mid-tier EPCs entered the fray. The outcome sets the stage for a high-stakes financial round where execution discipline will matter as much as margins.

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Edwin Babu takes Factory NOC consultancy at Palakkad POL terminal of BPCL
8BPCL has closed the Factory NOC consultancy for its Palakkad POL terminal on GeM. A hyper-local bidder undercut the field by a startling margin, despite unlimited liaison obligations. The payment design and a 03-month timeline will test execution discipline.

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Technical scope tightens around live interfaces in BPCL Bina Refinery
8BPCL’s HAZOP spans 260 P&IDs, utilities, and DCS/ESD interfaces with IEC 61882 methodology. Daily status, risk-matrix reporting, and close-out meetings hardwire execution discipline. The insistence on on-site sessions reduces blind spots typical in virtual reviews.

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