8The body calls the 28% levy unfair
8A cut would support both affordability and road safety

8Margins slipped last year as rubber prices spiked and CV demand softened
8AA- Stable/A1+ stays, thanks to brand and premium tilt

8Revenue crashed 29% as undervalued imports squeezed every margin
8Exports halved, domestic sales shrank, and production fell off a cliff
8Losses narrowed only because finance costs cooled

From dividend payouts to new boardroom faces, every proposal ticked the approval box
8This AGM had no fireworks, with resolutions passing smoothly
8The clear message: continuity over controversy

Superannuation might sound routine, but two exits together never pass without ripples
8Career paths shift as mid-tiers jostle for elevation
8For India’s energy behemoth, it’s succession season all over again

8Agromet advisory services bulletin for Bhopal [IMD]
8AGM notice, director changes and committee reconstitution [MRCAL]
8Completion of term of non-executive independent director [HZ]
8Intimation regarding execution of business transfer agreement with Mangalore Chemicals & Fertilizers Limited [Zuari]
8Annual report 2024-25 [PCL]
8Intimation of sad demise of chairman cum promoter Mr. Ishwarbhai B Patel [SCSL]
8Annual report 2024-25 [Zuari]
8Request for reclassification from promoter group to public shareholder category [Coromandel]
8Intimation of changes in directors [GSFCL]
8Intimation regarding 100 days campaign "Saksham Niveshak" [RCFL]
8NSE and BSE impose penalties for SEBI LODR non-compliances [RCFL]
8Intimation regarding execution of business transfer agreement with Zuari Agro Chemicals Limited [MCFL]

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

8Domestic natural gas price for the period 1% September 2025 to 30" September 2025 [PPAC]
8Trading calendar for September’ 2025 [IGX]
8Additional session in auction market [IGX]
8PNGRB invites quotations from insurers/banks for group term insurance cover [PNGRB]
8Compressed biogas integration in India's gas economy: progress and prospects [PNGRB]
8Business responsibility and sustainability report [UDTL]
8Annual report for the FY 2024-25 [UDTL]
8Appointment of secretarial auditor [RIL]
8Reliance and Meta partner for enterprise AI solutions for India [RIL]
8Asian oilfield & energy services DMCC provides update on acquisition of Kuiper Group companies [AES]
8Business responsibility and sustainability reporting [Savita Oil]
8Annual report 2024 - 2025 [Savita Oil]
8Business responsibility & sustainability report 2024-25 [EIL]
8Annual report 2024 - 2025 [EIL]
8KPIL updates timeline for Swedish subsidiary LMG's employee share sale approval [KPIL]
8Business responsibility & sustainability report 2024-25 [Petronet]
8Annual report 2024 - 2025 [Petronet]
8Business responsibility and sustainability report: FY 2024-25 [GSPL]
8Annual report 2024 - 2025 [GSPL]
8NSE and BSE impose fine on OIL India for lack of independent directors [OIL]
8Shareholders overwhelmingly approve all 22 resolutions at GAIL's 41st AGM [GAIL]
8GAIL reports record profits and strategic growth at 41st AGM [GAIL]
8Corporate presentation [ONGC]
8Business responsibility and sustainability report for FY 2024-25 [GGL]
8Annual report 2024-25 [GGL]
8Intimation of NSE/BSE notices on board composition pending MoP&NG appointments [CPCL]
8Summary of proceedings of 66th annual general meeting [IOCL]

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

8Project Name: Jamshedpur - East Singhbhum District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

BPCL Andhra Pradesh refinery cumene licensor meet sets capability-first screen ahead of RFP
8BPCL/EIL has fixed an online pre-tender meet for the 265 KTPA cumene licensor package inside the Ramayapatnam complex. The invite leans on a detailed reference template and three-year audited financials, steering selection toward proven, PGTR-cleared technologies. The commercial levers are still under wraps, and that is where the real risk split will surface.
BPCL opens licensor track for Ramayapatnam LDPE: 325 ktpa target and pre-PQ evidence push via EIL
8BPCL has called a pre-tender meeting to vet LDPE licensors on capacity, grade slate and PGTR evidence before commercial terms surface. EIL’s template drills into single-train limits, EVA capability and catalyst run length. The choices made here will set the plant’s technical envelope and the competitive field.
Four-way technical opening sets up a fast-track geotech phase for BPCL AP refinery
8EIL opened technical bids for BPCL’s Ramayapatnam geotechnical works with four specialist firms in the fray. The package blends EMD relief with a 5% CPBG and a rigid percentage-on-SOR evaluation. The clock is set at four months, and the price game won’t be a reverse auction.

8ONGC has opened a six-helicopter, three-year charter with hard AS-4 anchors and modern IFR avionics.
8A per-helicopter EMD regime and steep experience floors will filter the pool to proven offshore operators.
8The night-ambulance must fly 280 nm at ISA+20°C with full medevac fit, altering standby economics across the western offshore.

8Find out more on what was it all about

BPCL’s HCU decontamination shortlist locks in four technically-qualified bidders under a 48-hour LD clock
8Technical screening has cleared four vendors for bpcl’s hcu decontamination package while one was dropped. The rules now hinge on a 48-hour execution guarantee, zero-tolerance KPIs, and a steep 9%-per-day LD. A late pre-bid amendment quietly shifted power-cable and last-mile duties onto bidders, changing who carries the schedule risk.
NRPL’s DPPL Panipat SCADA upgrade draws a sole technical bid under a proprietary tender
8A tightly-scoped SCADA change at DPPL Panipat opened with a single technical bid under a proprietary route. The job stitches new metering and filtration hooks into Zenon COPA-DATA with LDS exposure and defined HMI edits. ATC guardrails and a three-month clock suggest execution certainty is being priced over open competition.
IOCL Bongaigaon cancels refinery expansion topographical survey bid after setting strict PQC and 17-month PBG
8The bid for topo survey is now cancelled despite a clear two-packet structure and documented PQCs. A 5% ePBG locked for 17 months on a two-month job would have tested smaller surveyors’ liquidity. The re-issue, if any, will show whether IOCL recalibrates tenure, scope clarity, or packaging.

8Oil India has moved a single-packet GeM buy to bury and armour three exposed lines at Hasimara.
8The SOW forces a 48-hour hook-up with two teams and hot-standby gear, plus 100% radiography and 1.25× hydrotests.
8A firm-price, no-advance regime and a 1% mobilization penalty will narrow the field to shutdown-ready EPCs.

BKW penalty muscle and binding PBQ define EIL’s Bina vertical-pump tender as bid due date slips
8The package now ties factory power tests to rejection and a formulaic penalty, putting efficiency on the line. PBQ answers hard-lock hydraulic assumptions and scope demarcations that vendors must price and design to. The bid clock has been pushed, though the uploaded notice does not state the new dates.
IOCL extends AVU-I corrosion control tender to 04 Sep as RA, penalties and 2% utilities levy raise the bar
8Four extensions have pushed IOCL Panipat’s AVU-I corrosion control bid from 12 August to 4 September. Corrigendum uploads and bidder replies signal tightening specs on passivation, KPIs and lab methods. With RA on and utilities charged at 2%, only vendors confident on high-TAN delivery will stay aggressive.
IOCL pushes MPPL conversion SCADA/LDS tender by 18 days, keeps PQC and RA intact
8Two date-only addenda have shifted the submission to 08 Sep while preserving every commercial and technical guardrail. The move buys time for PAS/LDS consortiums to firm up OEM consents and multi-station BoMs without altering IOCL’s risk posture. The real question is whether wider participation will sharpen RA outcomes without compromising delivery discipline.
PMHBL extends CDP bid to 04 Sep as language scope narrows and performance wording softens
8PMHBL has pushed its CDP submission to 04 September after bidders sought more time. In parallel, pre-bid revisions narrow bilingual coverage to mobile modules and recast a key performance line from “at least” to “upto” 100 users. Those tweaks shift cost and sizing assumptions without relaxing integration and security burdens.
EIL shifts BPCL Bina BPREP pressure vessel bid head, tightening compliance without altering BQC
8BPREP pressure vessel deadline has been pushed ahead. Nothing else in the bid architecture—BQC, EMD, NDA, or two-bid model—has changed. The move looks surgical, aimed at documentation quality rather than scope or risk transfer.
IOCL Bongaigaon shutdown contract pushes QA-heavy scope as GeM auto-extends bid window
8The composite shutdown contract at IOCL Bongaigaon now runs to a 05 September bid close after GeM’s auto-extension kicked in. RA is on, but only a quorum will unlock its price-discovery edge. Behind the scenes, IOCL’s flange-leak penalties and torque/tension mandates will shape who bids and how they price the outage risk.
IOCL pushes 2G ethanol boiler bale-feed bid to 6 September but keeps reverse auction and tight PQC
8Two sequential date shifts take the bid from 26 August to 6 September without touching core terms. Reverse auction stays on, and a niche bale-handling PQC continues to screen the field. The balance between participation and reliability now hinges on who can prove six months of successful operation.
HPCL nudges Bayavaram hydrogen station consultancy bid by four days without loosening compliance
8HPCL pushed the GeM deadline from 30 August to 3 September in two short steps. The bid model, securities and stringent certification timelines remain intact. The small slide suggests tight PQC and safety paperwork, not a change in risk posture.

Pipeline revamp tender: Live ramp needed
8Technically, the package leans on high-pressure valve classes, insulating joints with surge diverters, and an ICCP system overhaul — all classic pain points in live pipeline/terminal revamps, where isolation, hot-work control and CP continuity define outage safety and commissioning velocity. The inclusion of CP-specific materials specs (cable ID, NACE SP-0572 coke breeze) suggests the need for durable, inspectable CP performance with traceable QA.
NRL splits NREP instrumentation into PRU and GDS with tightened EMD and evidence rules.
8The EPCM-1 instrumentation tender separates PRU and GDS to keep price tension and execution focus.The owner may line up separate agencies for each group with least cumulative cost. This structure lets the owner choose a split award if pricing diverges by unit. It also forces bidders to price each group competitively on its own merits. A monthly vendor–consultant in-person review hints at aggressive drawing closure to defend the 12-month mechanical target.
Instrumentation split tender sets 12+6 delivery cadence and monthly code-1 reviews for PRU and GDS in NRL’s NREP
8NRL has launched a two-group instrumentation tender for PRU and GDS under EPCM-1. Evaluation envisages separate agencies with least cost to owner on a cumulative basis. That encourages aggressive bidding without forcing a single award. It also lets the owner reallocate if one group underperforms.A long experience window widens eligibility, but monthly in-person “code-1” reviews add execution overhead. The 12+6 schedule locks contractors into commissioning support through stabilisation.
Third extension pushes IOCL’s Barauni VRU EPCC-15 to 23 September as PMC hardens scope, studies and PLC/TAS integration.
8IOCL has shifted the EPCC-15 VRU bid due date three times, now to 23 September, stretching the window by 55 days. The PMC has clarified that HAZOP, SIL and vapour mapping sit squarely with the bidder, alongside civil, instrumentation and TAS-level integration. Equipment-type flexibility is offered, but only under uncompromised performance guarantees.
IOCL extends Digboi UCO feed tender four times to 05 Sep as HDT impurity caps narrow the vendor pool
8IOCL’s Digboi UCO/non-edible oil procurement has been pushed in four steps to 05 Sep while keeping bid-opening tethered to the next working day. The technical bar—especially on chloride, phosphorus and total metals—demands lab-verifiable compliance. The extensions signal a preference for feed quality assurance over speed.

8A four-way race ended with Deloitte far ahead of the pack. EIL narrowed the liquidated damages base to just 20% of the lumpsum but kept firm prices and a 10% PBG. The 4-month Go-live target will now test whether aggressive pricing can meet refinery-grade integration timelines.

8The Mehsana package demands OEM-validated motors, dual-set redundancy, and tighter liability for non-retrievable MWD.
8A cost-plus channel for bits, with ONGC selecting OEMs, changes how ROP risk and lead-time are managed.
8With date extensions now locked, watch how AlMansoori, Halliburton, and Schlumberger price standby density and fishing cover.

8OIL has redrawn mobilisation clocks, lifted BOP baselines to 10K, and reframed acidization “success” into completion.
8The fixes trace bidder pressure on safety, schedule fairness, and claim friction.
8What they do to entry barriers and price bands is the real story behind the wall.

Payper SA clinches BPCL Kochi PP bagging plant as Statec’s quote trails by 36%
8BPCL’s Kochi polypropylene expansion has closed with Payper SA emerging L1 at Rs 65.20 crore, a steep 36% below rival Statec Binder GmbH. Engineers India Ltd, acting as PMC, ran the package under strict NDA and zero-deviation rules, with bidders forced through e-procure and NIC registration loops. The tender highlights the tightening of financial disclosure, TPIA-verification, and holiday-list compliance under new MoPNG guidelines.
AS Engineers takes GMPL sludge dryer package as L2 quotes nearly double — GMPL/Mangalore SEZ
8A two-bid, domestic e-tender ended with AS Engineers at Rs 2.12 crore and L2 at Rs 4.22 crore. GMPL’s BDS ticks “no ITC,” forcing bidders to hard-price GST and compliance. The gap hints at divergent risk pricing on a turnkey utility package.
Chemcleanzio wins BPCL Mumbai Refinery decontamination as GeM award shows 68–240% spread and harsh LDs
8A decon/passivation package for DHT, KHT and RMP SRU closed on GeM with Chemcleanzio at Rs 66.08 lakh and an unusually wide field behind. BPCL’s amendment tightened last-mile scope on bidders while keeping main headers in-house, and the SOW hard-wires a 60-hour delivery bar with severe LDs. The pricing gap hints at sharply different takes on execution risk and KPI certainty.
Kalinga Insulation wins CDU-II shutdown insulation package with a 20% lead over L2 in IOCL Haldia Refinery
8A five-way contest ended with Kalinga Insulation, well ahead of the pack. IOCL’s no-escalation, scaffolding-included baseline and BG rating floors signal tight control over both costs and banking risk. The gap now raises questions on how L1 will manage wage drift, access and HSE without eroding margins.

Active-active, SIEM-ready FRS to centralize ONGC’s headcount and attendance
8ONGC is rolling out a centralized FRS across 324+ locations with live dashboards and deep EACS-SAP integrations.
8Active-active clustering and SIEM log parsing push the stack into enterprise-security territory.
8Reverse auction dynamics and a five-year FMS will decide which integrator can deliver scale without compromising uptime.
Bid window pushed to 12 September 2025 as ONGC seeks deeper, TPI-ready HOC participation for ONGC multi-asset HOC package
8The hot oil package moves from a 14 July close to a 12 September finish.
8That is a 60-day swing designed to absorb TPI, OEM and logistics constraints.
8How it reshapes bidder depth and price discipline is what matters behind the wall.
Bid deadline shifted to 10 September 2025 after multiple rounds of schedule and commercial recalibration for OIL India KG Basin modular stimulation in Andaman
8OIL has pushed the modular stimulation close into mid-September while cutting EMD and tightening duration.
8The moves point to readiness and certification bottlenecks rather than spec dilution.
8Whether this widens bidder depth and compresses spreads is the question behind the wall.
Bid close nudged to 05 September 2025 after earlier refusal, with digital governance and TPI demands unchanged in ONGC push/pull tug charter
8The tug charter’s deadline moves by seven days, from 29 August to 05 September.
8That follows an on-record “no extension” stance just days earlier.
8The real story is what this does to bidder depth and EFMS-ready compliance.

Corrigendum rewires securities, precedence and governance without touching IPS scope in ONGC IPS onshore multi-asset
8Money rails widen, governance tightens.
8The fine print now dictates what trumps what  and how late securities will cost.
8The scope stays technical, but the procurement plumbing just got sharper.
Bid deadline pushed to 18 September with securities flexibility intact and a trimmed GR/CCL clause for OIL slickline services (Assam & Arunachal)
8OIL has extended the slickline bid window into mid-September.
8The move lands alongside buyer-added banking flexibility and a precise technical edit.
8The real question is whether a longer runway converts into tighter compliance and narrower spreads.
Bid deadline slid to 04 September; scope steady but PBG and payment clocks need harmonisation in PEL NK-CBM RoU tender
8PEL has pushed the RoU bid close by seven days. The scope stays permissions-heavy and unchanged.
8The real friction now is the split PBG and payment language that could tax bidder cashflows.
GSPC extends hot oil circulation tender to 04 September with tighter 72-hour mobilization mandate
8GSPC has pushed back the bid deadline for its hot oil circulation unit tender by six days while holding firm on a 72-hour mobilization rule.
8Bidders had sought 96 hours, but the promoter revised Exhibit-D to reflect the stricter requirement.
8The extension signals both procedural relief and a sharpened risk transfer onto contractors.

8The Mumbai chemical market reported a firm trend in Epichlorohydrin

8In the Mumbai chemicals market, Fumed Silica grade CAB-O-SIL M5, produced by Cabot Sanmar, witnessed a marginal decline in prices