News & Bulletin Updates

8The refinery has tightened the screws on consultants, binding feasibility, licensor concurrence, and ±10% cost accuracy into its new PMC package. The job spans three EOS recommendations slated for the 2026-27 turnaround. What looks like a technical tender is, in reality, a stress test of how PSUs will enforce accountability in their Net Zero roadmaps.

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8And the company is hiring the first set of consultants for that job.
8The coverage extends to C1–C4 petrochemical derivative chains (e.g., methanol, glycols, polypropylene, propylene oxide, MTBE, etc.), underscoring IOCL’s option to pivot to a larger downstream slate.
8What the company is attempting is basic design, plot plan, and ±30% capex estimation.

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8GAIL’s 170 MW captive wind tender has slipped by over two months through five successive extensions. High BGs and shifting MNRE norms have left bidders reluctant. The project is now a case study in how regulatory flux collides with aggressive O&M liability.

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8The award lands at Rs 26 crore on with a disciplined 4.5% gap to L2.
8Vendor-neutral controller/processor rules and ESG additions appear to have shaped the competition more than headline price cuts.
8The pricing signal points to aggressive but not destabilizing undercutting, with execution quality now the decisive moat.

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EIL again extends pump bid deadline for Petronet LNG’s Dahej PDH-PP project by 27 days
8Petronet LNG’s Dahej PDH-PP pump tender has slipped by nearly a month, despite zero EMD and a limited vendor list. Engineers India’s back-to-back extensions point to participation concerns and vendor compliance hurdles. The delay raises questions over whether the project’s tight 11-month equipment schedule can still hold.
Five deadline extensions cloud IOCL’s process traps tender for Gujarat bitumen expansion
8IOCL’s limited tender for process traps at Gujarat Refinery has already seen five deadline extensions in a month. The NDA-gated licensor scope is slowing vendor access and compressing delivery timelines. The pattern highlights IOCL’s growing reliance on compliance-heavy procurement, even for standard refinery hardware.
BPCL’s Bina Petchem DCS tender pushed to September as PQCs deter wider bidder pool
8BPCL and EIL have quietly extended the deadline for the 47,000 I/O DCS package in the Bina expansion. The extension hints at restrictive qualification hurdles that risk deterring OEMs. The move signals a balancing act between compliance rigidity and the project’s long-lead timeline.
BPCL Kochi polypropylene internals tender tightened with 70% site-work floor, bid date extended to 28 August
8EIL has rewritten the rules on tower internals supply by linking 70% of value to site work completion. Vendors face liquidity stress as supply billing gets tied to erection milestones. With two bid extensions already, participation dynamics for this Rs-sensitive package remain uncertain.
BPCL extends Bathinda PMC railway siding bid deadline amid tight PQCs and statutory risk load
8BPCL has pushed back the submission date for its Bathinda railway siding PMC tender to 01 September. The strict pre-qualification and absence of MSME/startup relaxations are keeping the bidder pool narrow. Consultants face heavy statutory approval liabilities with no escalation or arbitration relief.

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OIL tenders four-year outsourced O&M support at Duliajan PS-01 with binding 25% option clause
8Oil India Limited has floated a four-year GeM bid for station support services at PS-01, Duliajan.
8The scope blends O&M, crude handling, and housekeeping under strict statutory compliance obligations.
8Contractors face no EMD but must furnish a 51-month performance guarantee, shifting cashflow and labour risks firmly onto them.
Aura wins contract for lightening risk assessment for rigs
8The L1 award sets a 20.9% lead over its nearest competitor.
8The pricing signal points to aggressive undercutting and possible margin stress for the winner.
8Execution discipline and delivery assurance will decide if the low bid holds through completion.
Wireline and compressor O&M support locked in with long security tail
8ONGC’s WCT Ankleshwar has moved a three-year service package with floor-price discipline and a long 39-month performance security tail.
8The scope stretches from wireline/compressor operations to rig-up/rig-down and preventive maintenance, with ONGC reserving the right to add equipment within contract.
8Vendors face tight statutory compliance, mandated HR absorption and an overtime cap that will test staffing economics.
8Three bidders have pav
Post-participation, ONGC keeps ICDA brief tight and transparent as two bidders qualify for PLQP–OGT pipeline
8The buyer has locked the assessment to NACE SP0116 with deep modelling and explicit deliverables.
8Clarifications remain gated to evaluation time, and uploads are visible across bidders, resetting information balances.
8With two qualifiers in play, competitiveness will hinge on method depth rather than headline rates.

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8EIL has finalised the carbon steel pressure vessel package for PLL’s PDH–PP project at Dahej. The award came with a razor-thin 1% gap over L2 but a startling 9x spread to larger EPC bids. The zero-escalation, front-loaded payment structure shows how EIL is reshaping contractor incentives.

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8EIL has finalised the carbon steel pressure vessel package for PLL’s PDH–PP project at Dahej. The award came with a razor-thin 1% gap over L2 but a startling 9x spread to larger EPC bids. The zero-escalation, front-loaded payment structure shows how EIL is reshaping contractor incentives.

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OIL tightens processing scope and trims evaluation tenor in MBP wireline logging tender
8OIL has narrowed data-processing to vendor-acquired datasets and relaxed certain combinability remarks while preserving combo-run outcomes.
8A one-year price evaluation horizon now resets commercial strategy, alongside a rental-cap refinement and kit-supply shift.
8The changes look tactical for MBP but could harden into precedent if bidder response improves.
Bid window pushed to 28 August as ONGC tightens ATCs and cashflow gates — ONGC Cuddapah Basin air-hammer drilling.
8ONGC has extended the bid submission to 28 August while resetting buyer-added ATCs through Corrigendum-C5.
8The package keeps tight HSE and OEM-specific BOP rules and withholds all payment until the first milestone is achieved.
8That combination may broaden interest on time but concentrates real competition among vendors who can carry the cashflow and compliance load.
Third Deadline Push in ONGC MNW Tube Bundle Tender
8ONGC extends bid submission to 04 September, hinting at vendor preparedness issues and raising concerns over delayed compressor overhaul at MNW platform.

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8EAC will weigh a 13-well, four-platform development that leans on existing LB and Suvali facilities to cut cost and time.
8The file shows strict MARPOL/G.S.R. 546(E) commitments and a prepared OSCP, but CRZ conditions are still pending formal issuance.
8The speed advantage is clear; the execution discipline will decide whether it sticks.

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8Find out what is going on with it

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8IFFCO has tabled a brownfield modernization plan at its flagship Kandla unit, seeking central EAC clearance to replace zinc sulphate lines with 43,000 MT/yr nano-fertilizer output. The project bets on higher nutrient efficiency and subsidy savings but faces close appraisal on air, water, and waste safeguards.

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8IFFCO has tabled a brownfield modernization plan at its flagship Kandla unit, seeking central EAC clearance to replace zinc sulphate lines with 43,000 MT/yr nano-fertilizer output. The project bets on higher nutrient efficiency and subsidy savings but faces close appraisal on air, water, and waste safeguards.

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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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8Agromet advisory service bulletin for Andhra Pradesh [IMD]
8Summary of proceedings of the 67th agm of bayer cropscience limited [Bayer]  
8Q1 FY26 Earnings Conference Call Transcript [PIIL]

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8The Mumbai chemical market has reported a minor but notable upward shift in Fumed Silica (Grade: CAB-O-SIL M5) supplied by Cabot Sanmar Ltd

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

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8Dioctyl Adipate (DOA) prices in the Delhi market continued their downward trajectory on August 22, 2025, as muted demand from downstream industries kept sentiment under pressure

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8In the Delhi textile market, nylon yarn FDY grade 70D/24F witnessed a noticeable decline, reflecting the volatility of synthetic yarn prices driven by raw material movements and fluctuating demand across weaving and knitting sectors

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8The Delhi plastic raw material market has reported a modest increase in Polyamide 6 (PA6) Grade M28RC prices

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8The Mumbai plastic raw material market has witnessed a slight but steady rise in Agricultural Mulching Film (Grade 25 Micron) prices

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8Tetrahydrofuran (THF) prices in Mumbai witnessed a rise today, indicating potential stability in the market for this important industrial chemical

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8The Ahmedabad chemical market is witnessing a significant fall in prices of adipic acid, a key raw material used in diverse industries such as nylon production, polyurethane, plasticizers and coatings

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8The domestic market for propylene in Ahmedabad (H100EY) experienced a price movement today

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8Prices of Polyethylene Glycol 600 (PEG 600) have moved downward in the Mumbai chemical market

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