Here is a high-intensity BOO refinery plant being handed out as bait — land, utilities, and feedstock included.
8But there's a big catch: no guaranteed buyer for the product.
8Can this model really work? What can the product be used for? The website explores potential uses

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8Domestic natural gas price for the period 1st June 2025 to 30th June 2025 [PPAC]
 8CGD MIS report – March 2025 [PNGRB]
 8Change in directors [CSL]
 8Investor presentation – May 2025 [Savita Oil]
 8Investor presentation: FY 24-25 [EIL]
 8Business responsibility and sustainability report for FY 2024–25 [Adani Port]
 8Integrated annual report of the company for 2024-25 [Adani Port]
 8Resignation of senior management personnel [IRM]
 8Completion of charter of vessel SEAMEC III with Asian Energy Services Limited [Seamec]
 8MRPL secures US patent for innovative Iso-Butyl Benzene (i-BB) production technology [MRPL]
 8Code of fair disclosure of unpublished price sensitive information [RIL]
 8Superannuation of Shri Ajith Kumar T.R. – cessation as CFO & KMP [GSPL]
 8Clarification on board composition and independent director appointments [OIL]
 8Receipt of communication from regulatory or legal authorities [GAIL]
 8Submission of business responsibility and sustainability report for FY 2024-25 [ATGL]
 8Integrated annual report of the company for 2024-25 [ATGL]
 8Investor presentation [Selan]
 8Financial results for the quarter and year ended March 31, 2025 [Swan]
 8Board approvals on KMP designations and auditor appointments [Swan]
 8Approval for CPCL’s Rs.1,620 crore investment in Group-II/III lube oil base stock project [CPCL]
 8Change in senior management [HPCL]
 8Changes in senior management [HPCL]
 8Annual secretarial compliance report for the year ended March 31, 2025 [HOEC]
 8Indian Oil finalizes India's largest green hydrogen project at Panipat [IOCL]
 8Change in senior management [IOCL]
 8Today's update in E&P, midstream-downstream & CGD sector

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

CBG ROLLOUT HEATS UP: 40 PMC MAN-MONTHS PER SITE TO SUPPORT 15-MONTH DELIVERY PLAN
8The refiner's green arm seeks PMC for two 15–20 TPD CBG plants, with paddy straw as the primary feedstock—aligning renewable energy with farm waste management.
8And the company wants to deploy multi-disciplinary engineering teams at both project sites with hybrid delivery models and site presence across civil, mechanical, and electrical disciplines.
8This is a new two-project complex coming up ahead

RARE TURBINE-ELECTRIC PACKAGE HITS MARKET: BINA PETCHEM OPENS BID
8A few local qualified players in India likely to meet BPCL’s rigorous field-proven benchmarks for HPRT-Electric Generator systems under API 610 though BPCL permits Indian subsidiaries of foreign OEMs to qualify based on parent track record, but only under strict corporate and operational guarantees.
8The scope includes converting 154 kg/cm² process pressure to electrical energy — a smart integration move for downstream process efficiency.
DELAYED BIDS HINT AT INTENSE QUALIFICATION HURDLES IN SWING UNIT TENDER
8Two deadline extensions for BPCL’s HDPE/LLDPE swing unit EPCC package suggest bidders are grappling with stringent technical and commercial eligibility norms.
8The need for NDA-backed access to Univation's technology has slowed bid finalization for the dual-stream 2x575 KTPA LLDPE/HDPE plant.
CONTROL TOWER BID SEES FIFTH EXTENSION: IS TECH-READINESS HOLDING BACK BIDDERS?
8The BPCL Kochi control tower and CDE package—centered around high-complexity SaaS integration—has now seen five bid extensions, pointing to bidder hesitation around digital readiness and cloud architecture compliance.
8The insistence on a fully cloud-based Project Control Tower with Power BI/Tableau-level dashboards may be reshaping the competitive field—cutting out traditional players lacking software and data science depth.
BIO-ATF MULTIPLE EXTENSIONS SIGNAL TECH-COMMERCIAL CHURN IN COMPRESSOR TENDER
8Bid deadline now pushed to 20 June after successive extensions—reflecting bidder difficulty in aligning with stringent inspection, training, and documentation obligations under EIL’s Bio-ATF package.
8Newly clarified inspection scope mandates shock and influence tests for pressure gauges—pushing OEMs to prove resilience under dynamic load conditions.
8Vendors must now separately disclose cost for 2-year O&M support, lubricants, and consumables—adding commercial granularity and future dispute insulation for MRPL
8Vendors must quote separately for HAZOP and FAT of DCS/ESD systems—signaling a shift to modular techno-commercial granularity in control system integration.
BAGGING MACHINE SCOPE, RACK HEIGHT FIXED: ASRS BIDDERS FACE DESIGN COMPRESSION UPFRONT
8Bidders on the ASRS warehouse EPC face tight constraints with four-tier jumbo racking and installation responsibility for key machinery locked into scope.
8A trimmed-down control system spec hints at EIL’s new cost-performance balancing act.
8Throughput rates have been officially clarified, locking bidders into design assumptions for conveyor speed, stacking density, and number of dock points—minimizing post-award disputes.
8Bidders questioned mismatches in pallet and load sizes, but EIL clarified that overhang is already considered in the 1400x1200 mm load dimension—removing ambiguity for crane path calculations.

8Three heavyweights enter the fray for the EPCM-led cooling tower package at BPREP, setting up a battle of legacy, engineering scale, and price.
8The tender's technical data sheet indicates next-gen features like drift loss control, structural steel optimization, and advanced noise abatement—setting new benchmarks for cooling installations.
8One entry marks entry marks a bold play for visibility in mega-petrochemical EPC contracts

8Engineers India Ltd has clinched a consultancy deal last week, quoting 93% higher than IOCL’s estimate.
8With both private bidders disqualified, the award exposes fragility in bidder qualification strategy and cost forecasting.

ETHYLENE EPCC EXTENDED: IT IS ROUGH FOR BIDDERS TO STAY WITHIN SCOPE
8Although designated for limited competition, the project is subject to Domestic Manufacturing Incentive Policy, testing how bidders will meet Make-in-India thresholds within licensor-defined specs.
8Clearly, the extension signals tight licensor controls on polymer-grade ethylene scope
8The ten-day extension for IOCL’s Paradip EPCC tender hints at alignment challenges with Spheripol licensor standards, especially around drying and CO? removal specs for impact/random co-polymer production.
8Multiple vendors reportedly sought granular detail on process guarantees and licensor boundaries, delaying the EPCC bid timeline
PIPELINE CAPACITY AUGMENTATIONL BPCL PENALTY CLAUSE STINGS EPCM BIDDERS
8A Rs 25,000 per-delay penalty—without any upper limit—is layered atop LDs, exposing bidders to severe cumulative financial hits.
8BPCL’s vague mandate for ‘any study’ raises alarm over undefined deliverables and pricing assumptions in bid submissions.
8EPCM consultant to not just validate but also float and manage geotechnical investigations, tightening integration demands.
8Importantly, however, all three segments—MMBPL, MHPL, RGPL—to be awarded in a single package, favoring large multidisciplinary firms.
SOLE BIDDER SCENARIO RAISES QUALIFICATION BAR FOR KOCHI GAS UTILITY SYSTEM
8This multinational’s solo presence may reflect either a niche tech dominance or stringent prequalification filters under EIL's stringent bidder scrutiny framework.
8With requirements spanning cryogenic nitrogen, integrally geared air compressors, and advanced instrumentation, the compressed air and nitrogen plant may be too specialized for general vendors.
DISRUPTIVE BID: THIS COMPANY LANDS A LPG VESSEL DEAL WITH A BOLD RS 249 CR QUOTE: UNDERCUTS L2 BY 24%
8In a rare pricing upset, the winner for thisj mounded bullets tender quoting Rs 60 Cr below the second-lowest bidder.
8The award marks a disruptive shift in pricing benchmarks for large-capacity pressurized vessel jobs.
OWNER MANAGEMENT CONSULTANT A.T. KEARNEY'S BID APPEARS AGGRESSIVELY PRICED
8This is possibly to gain a strategic foothold in a marquee PSU-backed Greenfield refinery cum petrochemical project.
8A.T. Kearney's pricing might signal tight margins, raising questions on whether they’ve risk-loaded internally or optimized team structure for this win.
8The pricing divergence may reshape competitive strategies for future PSU advisory mandates.

STRATEGIC BITUMEN PUSH: STATE REFINER EYES ENTRY INTO JV WITH GLOBAL MAJOR
8A proposed investment into a bitumen-focused joint venture marks a shift toward value-added downstream playbooks.
8Regulatory clearances and DIPAM nod will shape final execution timelines.
FCCU OVERHAUL: MUMBAI REFINERY TO GET NEW PRFCC UNIT IN ?14K+ CR UPGRADE
8The board has cleared plans to scrap ageing catalytic units in favor of a next-gen PRFCC system—expected to boost yield, flexibility, and emissions control benchmarks at the urban refinery.
IOC CLEARS Rs. 1,620 CRORE CPCL PLAN: HIGH-GRADE LUBE BASE OIL PROJECT GETS GREEN LIGHT
8Chennai Petroleum secures board-level nod to produce Group–II/III LOBS, marking a strategic push into premium lubricant feedstock manufacturing under its parent, Indian Oil.

8In the Delhi rubber market, prices of Compound Rubber Grade SVR3L have seen a significant increase of Rs.4 per kilogram

8Domestic prices of Dioctyl Terephthalate (DOTP) have declined in the Delhi chemical market, reflecting subdued demand conditions

8Polymeric MDI MR200 prices witnessed another decline today in the Mumbai market

8The price of propylene glycol, a key industrial chemical used across various sectors, has declined in the Ahmedabad chemical market

8In the Mumbai packaging market, prices of BOPP Metallized Film, Grade 25 Micron, have witnessed a sharp increase of 3/kilogram

8In a notable development, the wholesale price of Nicosulfuron 95% TC, a key herbicide used primarily in maize cultivation, has declined by Rs 2/kg in the Ahmedabad agricultural chemical market

8A decline was observed in the prices of Triethanolamine (SABIC imported) in the Delhi chemical market today, driven by weak demand and consistent import arrivals

8An upward price movement has been recorded in Hydrofluoric Acid (Tanfaq – Imported) in the Delhi market, driven by higher import costs and stable domestic demand

8In the Mumbai rubber market, prices of natural latex (H.M.L grade) have seen a modest decline

8In the Delhi rubber market, the price of Ribbed Smoked Sheet (RSS) Grade 3 has seen a moderate increase

8The domestic diisononyl phthalate (DINP) prices in the Ahmedabad market were low today

8In the Mumbai domestic market, prices for DIBP (Diisobutyl Phthalate) have seen a slide today, according to Indian Petrochem analysts

8Today reflected a hike in PS (GPPS) prices within the Mumbai indian petrochemicals market, indicating a shift in market trends

8Following the recent decline, 1,4-butanediol (BDO) prices have now stabilized in the Delhi chemical market

8The Delhi chemical market has recorded a significant drop in the prices of Soap Noodles (Grade 80:20), offering much-needed relief to soap manufacturers and allied industries