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All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.


Mar 2018

For reference purposes the website carries here the following tenders:
8Feasibility study and business plan for City Gas Distribution Project Details
8ARC for Assistance in Mechanical Maintenance of DUPL & DPPL section for two years Details
8
Supply of Bare Line Pipes/ Coating/ Coated Line Pipes for Pipeline Project Details
8AMC for Carbon Sulphur Analyzer for a period of three years Details
8Capital Overhauling of Gas Turbine Generator at refinery Details
8Generator Rotor Exciter Overhauling, Testing, Assembly and Commissioning of Gas Turbine at refinery Details
8Supply of Spares of Gas Turbine at refinery Details
8Annual Rate Contract for miscellaneous Instrumentation Maintenance jobs at refinery Details
8Mechanical hot and cold jobs comprising maintenance of Heat exchangers columns vessels reactor furnace piping structural and other miscellaneous jobs at refinery Details
8Supply of Steady State Process Simulation Software for Gas/liquid, liquid /liquid Processing technologies at Process Design Engineering Cell Details
8Microprocessor based Digital Stabinger Viscometer with accessories Details
8Supply of Skid Mounted Tool Bin for Drilling Rigs Details
8Corrigendum: Expression of Interest for engagement of Consultant for setting up of used lubricating oil Collection centers Details
8Procurement of HP Mud Gate Valves Details
8Hiring the services for LSTK Project of Pipeline Project Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Data shows that chances of tuberculosis is reduced in houses with clean fuels Details
8‘Buy’ on ONGC, Oil India; prefer IOCL to BPCL/HPCL Details
8Moelis & Co’s Manisha Girotra: India is in a sweet spot for financial, strategic investors Details
8Debt-laden Videocon Industries to sell off stakes in Brazil oil blocks Details
8Shell seeks to sell out of several Norwegian fields Details
8CERAWEEK-Shell's U.S. shale output plans prioritize oil over natgas Details
8Why French President Emmanuel Macron’s visit to India is important Details
8Total Closes Maersk Oil acquisition, becomes second-largest operator in North Sea Details
8ExxonMobil and Synthetic Genomics target 10,000 bpd of algae bio-fuel production by 2025 Details

8Natural gas on the verge of breakout Details
8India Inc. has Rs 1.8 lakh crore cash trapped in their balance sheets: EY Report Details
8Peugeot steps on gas for ASEAN play; India next Details
8Petrol price in India today remains unchanged for second-day in a row; global crude steady Details
8Diesel price in India today down by 5-6 paisa in metro cities Details
8‘A fight for a cleaner future’ Details
8How the US is becoming new Saudi Arabia Details
8India, China to fuel 50% of rise in global oil demand in 5 years, says IEA Details
8Commodities Buzz: US Crude Oil Exports record largest annual spurt in last century Details
8ONGC commits to Gender Parity on International Women’s Day Details
8Crude Oil below 'Head and Shoulder' neckline level Details
8Oil prices under pressure from rising U.S. inventories, output Details
8Oil and gas consumption still rising despite environmental pressures Details
8Oil prices rise as US President Trump set to meet North Korea's Kim Details
8Nearly 80% of Indian households now have access to LPG gas Details
8Petroleum employees union demands inspection committee set up for ONGC offshore sites Details
8F&O: Huge Put writing at 10,000 & 10,100 to hold market on decline Details
8Videocon Group chairman Venugopal Dhoot rubbishes reports of fleeing country Details
8A $7.5 billion Pipeline has surprise patrons: Taliban Militants Details
8Shell, Blackstone to jointly bid for $10 bn US shale assets of BHP: Report Details
8Brazil's Petrobras to start binding phase to sell Africa unit Details
8Saudi Aramco signs preliminary gas deal with Shell Details
You can also click on Newsclips for more    Details
Oil India Limited 3 wells exploratory drilling plan in MZ-ONN-2004/1 block, Mizoram is expected to start soon.
8The drilling contract is to be awarded next month
8Drilling services contract are specialized in nature and Indian companies are mostly kept away from tendering through stringent tender conditions
Click on Details for more Details
 Specific, forward-looking business leads is what we provide in the downstream sector.
8
Project Name: Greenfield 2G Ethanol Bio-Refinery
8Project Cost: Rs 750 Crore
8Project Description: An existing company has hired PMC contractor to work with already selected licensor to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100 KL fuel-grade ethanol per day, primarily from biomass and will use approximately 72 MTPD of biomass per year at its refinery. At present, selection of LSTK contractor is going on.
8Project Event: RFQ for the major equipment is expected by June 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2018
8Release Date: Aug/2018
8Start Date: Q3:2018
8Completion Date: Q4:2020
Click here for more details.

8Project Name: Greenfield LPG Bottling Plant Project
8Project Cost: Rs 74 Crore
8Project Description: An existing company is planning to install an LPG Bottling Plant with a capacity of 450 MTPA by installing 3 X 150 MT mounded storage vessels for storage and 30 TMTPA bottling capacity. Environment Clearance is expected by June 2018.
8Project Event: RFQ for the PMC contractor is expected by July 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q3:2018
8Completion Date: Q3:2020
Click here for more details.
8Business opportunity for PMC contractors
A PSU major is setting up a pipeline technology institute. Find out more on what kind of business opportunities are available here
Click here for more details.
Details
8Project Name: Thermal Power Maintenance Contractor Project
8Project Cost: 3.96 crores
8Project Description: The owner is going on with mechanical completion activities for a greenfield 1320 MW (2x660 MW) super-critical thermal power plant. Unit-1 (660 MW) has already been commissioned in 2017 and Unit-2 is in final stages of completion. Boiler light up for unit-2 is expected in August 2018. The company will float a triennial maintenance contract for a period of 3 years for the boiler mills and the coal pulverizer complex soon.
8Project Event: RFQs for a triennial maintenance contract forthe boiler mills and pulverizer are expected to be out by June 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Oct/2018
8Completion Date: Oct/2021
Click here for more information
8Project Name: Thermal Power Station Brownfield Project
8Project Cost: 2500 crores
8Project Description: The promoter is carrying out clearance activities for a 660 MW super-critical brownfield thermal power station at its existing 1420 MW thermal power complex. BHEL has been awarded as an EPC contractor. Currently, notice of award has been given by the owner. BTG will be supplied by BHEL. The EPC contractor will come out with civil works and short lead items of boiler and BoP packages soon. Environment clearance is likely to be elicited in the next 5-6 months.
8Project Event: RFQs for civil works and short lead items of boiler are expected to be out by Q2 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q2:2018
8Release Date: Q3:2018
8Start Date: 2019
8Completion Date: 2023
Click here for more information
Contact Update :
Contacts are an important tool in the hands of a business development manager. We put in great efforts to get you validated telephone numbers of departmental heads within the power industry.
8A mechanical maintenance in-charge of project of a major NTPC's plant has moved to the major thermal power station.
Click on details for more information
Details
8ONGC has awarded a $327 million contract for survey, design and installation of five oil well platforms, pipelines and cables, as well as commissioning services in the Ratna field on the west coast of India. Click on Report for more.
8Oil market likely to tighten by 2023 with an increased risk of price volatility. Click on Report for more.
8Hydrogen based cars are now commercial and they care capable of much higher mileage than battery powered cars. Test drive these cars if you want. Also attend a conference of leading luminaries of hydrogen technology, which is pioneered mostly by Japanese and Korean companies. Click on Report for more.
8In February, the U.S. benchmark Henry Hub natural gas spot price averaged $2.66 per million British thermal units (MMBtu), down $1.03/MMBtu from January. The projection is that Henry Hub spot prices to average $2.72/MMBtu in March and $2.99/MMBtu for all of 2018. In 2019, prices will average $3.07/MMBtu. Click on Report for more.
8Inventories of global petroleum and other liquid fuels declined by 0.6 million b/d in 2017 but the decline will be arrested and they will grow by about 0.4 million b/d in 2018 and by another 0.3 million b/d in 2019. Click on Report for more.
8The fact that new building tanker activity remains firm week over week is definitely puzzling given the very poor performance of earnings. Click on Report for more. Details
Find our the contract start and end dates along with design parameters for the following offshore rigs under hire by ONGC.
8C.E. Thornton
8F.G. McClintock
8Galveston Key
8Harvey H. Ward
8J.T. Angel
8Parameswara
8Trident II
8Trident XII
8Ron Tappmeyer (now available for hire)
Fresh RFQs for rigs are likely before these contracts end
Click on Reports for more Details
Get the outlook for 2018 for
8Singapore GRM (likely to fall)
8Petrochemicals (HDPE and PP)
8Aromatics (PX, BZ)
Click on Reports for more Details
8Project Name: Greenfield POL Terminal
8Project Cost: Rs 940 Crore
8Project Description: An owner is planning to install a new common user petroleum product storage and distribution terminal to be owned and operated by two other PSUs with a capacity of 143120 KL. Its TOR was granted by December 2017 and Environmental Clearance is expected by April 2018.
8Project Event: RFQ for the contractor is expected by May 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: May/2018
8Release Date: Jun/2018
8Start Date: Q2:2018
8Completion Date: Q1:2019
Click here for more details.

8Project Name: POL Terminal Expansion Project
8Project Cost: Rs 226 Crore
8Project Description: An owner is planning to expand its POL storage capacity from 77,918 KL to 1,63,918 KL. A private company is hired as an EPCM contractor.
8Project Event: RFQ for equipment is expected by May 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: May/2018
8Release Date: Jul/2018
8Start Date: Q3:2018
8Completion Date: Q3:2019
Click here for more details.

8Project Name: Greenfield LPG Bottling plant
8Project Cost: Rs 137 Crore
8Project Description: An owner is planning to install an LPG bottling plant with a capacity of 1050 MTPA by installing 3 X 350 MT mounded storage vessels for storage and 120 TMTPA bottling capacity.
8Project Event: RFQ for the PMC contractor is expected by May 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q3:2018
8Completion Date: Q3:2020
Click here for more details.
Details
Ammonia-Urea & Captive Power Plant Greenfield Project  
8Cost - Rs 10741 Crore
8Project Event: RFQ for LSTK contractor was floated in May 2017 and the bid closing date for Coal Gasification Plant for Generating Ammonia Syn. Gas & Carbon Dioxide Gas is extended from 28 February to 28 March 2018. The tender for the ammonia-urea plant is extended from 8 March to 6 April 2018.
Click here for more information
Ammonia-Urea & Captive Power Unit Greenfield Project   
8Cost - Rs 7000 Crore
8Project Event: The basic engineering study is going on and discussion for the selection of EPC contractor is going on for a couple of months, RFQ for Project Management Consultant as well as EPC contractor is likely to be released in May 2018.
Click here for more information
DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project   
8Cost - Rs 2000 Crore
8Project Event: RFQ for EPC contractor is likely to be released in May 2018.
Click here for more information
Details
ONGC has hired 3 offshore rigs developing Mumbai High Offshore South field.
8Each offshore rig with a maximum water depth operating capacity of 300 feet has been hired for an overall period of 3 years.
Find our more on their deployment status Details
The multi-billion dollar KG-DWN-98/2 project seems to be running into environmental permission issues.
8This permission may take another 5 to 6 months
Click on Details for more Details
More onshore drilling programmes contracts for equipment and services are are coming up
Here are the details:
8Project Name: Oil Field Development
8Project Cost: Rs 3400 crore.
8Project Description: Owner is planning to drill 74 exploratory wells. The application for Forest Clearance is currently under process. Further RFQs are expected shortly.
8Project Event: RFQs for hiring of Oil field services such as Drilling services, cementing services, material supplies etc is expected by Q4/2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: Jul/2019
8Completion Date: Jul/2021
Click here for more details

8 Project Name: Development Drilling
8Project Cost: Rs 2500 Crore.
8Project Description: RFQs for Adapter Spool, Couplings and Adapter are expected from the owner's end for an overall period of 3 years for development drilling of 406 wells.
8Project Event: RFQs for Adapter Spool, Couplings and Adapter are expected by May instead of April 2018.
8Expenditure Approval: Q2/2014
8RFQ Date: May/2018
8Release Date: Jun/2018
8Start Date: Jul/2018
8Completion Date: Q4/2022
Click here for more details
Details
For reference purposes the website carries here the following tenders:
8Supply of Natural Gas/ RLNG for Non-Urea Activity Details
8Laying/ Construction of Gas pipeline Details
8
Hiring of Vehicles for Vijaipur-Auraiya Pipeline Details
8Procurement of Measuring Instruments Details
8Procurement of Valves for refinery Details
8EOI for Empanelment of Consultant for Offshore Terminal and Facilities Details
8Procurement of 30 MT of Magnesium Ethoxide of refinery Details
8Carrying out Comprehensive Risk Analysis study of refinery Details
8Supply and commissioning of mounded type pressure vessels for LPG storage along with allied facilities at LPG Bottling Plant Details
8Design, manufacturing and supply of Centrifugal pumps along with accessories and mandatory spare parts for complete sealing system as complete package in refinery Details
8Supply of Chloride Guard Catalyst for CRU and HGU Unit at refinery Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Many countries with similar macroeconomic environment have better ratings than India: Saugata Bhattacharya Details
8CERAWEEK-Shell's gas production could be triple oil by 2050 -CEO Details
8CERAWEEK-Mexico rushes to add heavy oil auction to 2018 calendar -official Details
8Demerger and listing of dredging business to take 6-8 months: Shalabh Mittal, Mercator Details
8India underperforming global markets as macro risks resurface: Sanjeev Prasad, Kotak Institutional Equities Details
8Crude oil prices trade sideways Details
8‘Costs for Indian overseas bond issuers have risen by 55-70 basis points’ Details
8JetPrivilege members to get rewarded at IOCL fuel outlets Details
8Oil drops most in three weeks amid falling equities, output jump Details
8BCPL eyes profit of Rs 100cr this fiscal Details
8Nuclear fuel production to rise 10-fold in 15 yrs: Govt Details
8How China is about to shake up the oil futures market Details
8Crude oil steadies after big fall, but soaring US crude output still weighs Details
8With $1-billion cheque, Greenko closes in on Orange Renewables Details
8Sub-Sahara Africa oil, gas’ll complement industry value Details
8Oil steadies after big fall, but soaring US crude output still weighs Details
8At energy summit CERAWEEK, climate pits U.S. against Europe Details
8China's Shanxi to open resources to coalbed gas exploration, development -Xinhua Details
8Important to explore renewable sources of energy: Dharmendra Pradhan Details
8Rise in ethanol production will help India achieve blending target, says Dharmendra Pradhan Details
8India imposes fresh restrictions on trade with North Korea Details
8A fight for a cleaner future: Venezuela’s Ambassador to India Augusto Montiel Details
8Cabinet hikes dearness allowance to 7 per cent Details
8Gujarat Refinery to invest Rs 24,000 crore on projects till 2022 Details
8Zinke says Interior should be a partner with oil companies Details
8India's deal on import of LNG from US to be milestone in ties Details
8ONGC ropes in Rotary Wing Society to probe Mumbai chopper crash Details
8India to announce new biofuel policy soon to realize Rs 1 lakh crore investment Details
8India is holding two global energy summits, devoted to solar energy and hydrocarbons Details
8ONGC operating oil wells sans TNPCB nod: Prof Jayaraman Details
You can also click on Newsclips for more    Details
8Project Name: Pumped Storage Hydroelectric Greenfield Project
8Project Cost: 3500 crores
8Project Description: The owner is carrying out the pre-feasibility report activities for a 900 MW greenfield pumped storage plant (PSP) which envisages re-utilisation of water of the Purulia Dam. S&I activities are underway for preparation of PFR. The owner after finalization of PFR will seek a TOR. Bids for consultancy services for preparation of detailed project report is expected shortly. Moreover, capital approval for the PSP is also expected in Q4 2018.
8Project Event: RFQs for consultancy services for DPR preparation is expected by Q3 2018.
8Expenditure Approval: Q4:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2025
Click here for more information
8Project Name: Thermal Power Station - FGD Addition Project
8Project Cost: 300 crores
8Project Description: The developer is scheduled to install an FGD and retrofitting of ESP for 390 MW (2x195 MW) capacity out of its 610 MW (2x110 + 2x195 MW) thermal power plant. At present, feasibility studies are ongoing. The project is expected to kick off in early 2020. RFQ for supply of FGD is expected to be out by the Q4 2018. The major requirement will be FGD, cranes, pipes, gypsum disposal, wet lime, among others.
8Project Event: RFQs for supply of FGD are expected in Q4 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q4:2018
8Release Date: Q1:2019
8Start Date: 2020
8Completion Date: 2022
Click here for more information
Contact Update : 
Contacts are an important tool in the hands of a business development manager. We put in great efforts to get you validated telephone numbers of departmental heads within the power industry.
8A project head of a major NTPC's joint venture company has moved to the major thermal power station.
Click on details for more information
Details
8BPCL has garnered a total of 50 large LNG customers Click on Reports for more
8The US has raised tariffs for steel imports and Indian companies are likely to be impacted Click on Reports for more
8Get the latest tanker market rates as well as sale and purchase data here. Click on Reports for more
8Abu Dhabi International Petroleum Exhibition & Conference is one of the largest such events in the world. Dozens of international and national companies are participating. All major countries have their own presence. Why is Indian companies and the government not participating in it? Click on Reports for more
8With the new government in power in Nepal, the deal to import petroleum products from China has been revived. This has implications for India. Know more
Details
For reference purposes the website carries here the following tenders:
8Procurement of Sodium Benzoate Micronized Details
8Procurement of Liquid cum Gas Nitrogen Details
8
Procurement of Centrifugal Pumps for Eastern Region Details
8Carrying out Hydrojet Cleaning of various Heat Exchangers at C2C3 Plant and LPG Plant Details
8Procurement of Ball Valves Details
8Know how, Basic Design Engineering Package and other related services for Delayed Coker Unit for Refinery Project Details
8Supply, Installation and Commissioning of Level Transmitters Details
8Supply of Compressor Spares for refinery Details
8Supply of Chemicals as per technical specification at refinery Details
8Supply of Gate/ Check Valves of refinery Details
8Lining of Protective Coatings on Concrete and Steel Surfaces in DM Plant area at refinery Details
8Procurement of Coker Valves as per technical specifications Details
8Procurement of HV System Package Details
8Procurement of Light Naphtha Hydro Treating Reactor Catalyst along with Guard Bed for Isomerisation Unit Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Punjab village uses cow dung to deliver Piped Biogas straight to kitchens Details
8Protest staged against laying of GAIL pipelines Details
8BS-VI not to be the end of road for branded fuel sold by OMCs Details
8DGH’s shale gas policy for CBM blocks by March Details
8Pipeline diplomacy Details
8
Ind-Ra: Crude Oil and Liquefied Natural Gas Imports increased in January 2018 Details
8IEA’s oil forecast puts US in the driver’s seat Details
8Government to consult ONGC, Oil India Ltd before auctioning fields Details
8Global crude oil prices fall as Cohn departure raises trade war fears Details
8Mexico looks for more Jamaican oil ties, possible Caribbean model -minister Details
8Nigeria state oil firm had crude, gas exports of $437 mln in Dec 2017 Details
8CERAWEEK-Global oil sector needs $20 tln investments over 25 years -Saudi Aramco CEO Details
8Exxon Mobil interested in working in Algeria, Sonatrach CEO says Details
8Chevron Corp expects supply shortage in global LNG market by 2025 Details
8Russia must speed up European gas pipeline projects due to Ukraine dispute - Novak Details
8Gazprom appeals Stockholm court ruling on Ukrainian gas deliveries Details
8With GAIL locked in as CBM buyer, Essar Oil now eyes shale gas Details
8
Indian economy to recover gradually to 7.1 per cent in 2018-19 Details
8First oil, now gas: India starts importing LNG from US Details
8India’s first US-sourced natural gas shipment leaves from Cheniere Energy’s Sabine Pass Details
8ONGC Videsh signs pact for developing Susangerd oilfield in Iran Details
8Shale boom, oil price stability dominate Houston energy conference Details
8Petrol and diesel prices rise for the sixth straight day Details
8Angola's Oil exports plunging as IEA warns worst is yet to come Details
8An Oil Refining capacity wave is coming Details
8Interest rates, not oil, a worry for India: Ray Dalio 
Details
8Shell agrees to buy more LNG from proposed Calcasieu Pass Terminal Details
8GAIL’s 20-Year Contract with American Producers kicks off, establishes new energy route Details
8With gas and diplomacy, Russia embraces Cold War foe Pakistan Details
8IOCL Young Engineers Conclave held Details
8IOC ready for EV technology challenge Details
You can also click on Newsclips for more    Details
It looks like the Mozambique LNG project -- in which the Indian trio of ONGC, OIL and BPCL are heavily invested -- is under capital approval is now ready for project implementation
8This is a big project by any yardstick
8And while ONGC and OIL stand to gain from it, the biggest gainer could well be BPCL, which has a 10% stake.
8What is more BPCL had acquired the stake at a much lower cost than ONGC and OIL.
8Eventually, BPCL's valuation will exceed its peers if project completion is smooth and the Mozambique terminal is able to sew up its contracts
8Clearly, the capital approval of Mozambique sets BPCL apart from IOC and HPCL now
Click on Reports for more on what these companies are up to with the Mozambique investment
Details
Average age of MR2 fleet is 9.7 years
8As many as 95 MR2 vessels (5.8%) are 20 years old or more
8There was less than 1% scrapping in 2017
8Sizeable portion of the fleet is approaching end of its useful life - future supply will affect replacement ability
8New environmental regulations should drive more scrapping
Click on Reports for more
Details
There is now a consensus that MR2 vessel rates are set for a recovery
8Projections of how time charter and spot rates will behave are documented here
8What is more historically low MR2 values allow for attractive entry points
8Are Indian shippers listening?
Click on Reports for more
Details
Product tankers market is undergoing a transition of sorts
8Demand is increasing on account of changing trade routes and refining landscape (demand estimates are documented here)
8The changes in trade routes are illustrated
8A comparison of exports by India, US and Saudi Arabia are highlighted, with US playing the bigger role
8Details of expected refinery expansions are documented
Meanwhile, the following is the outlook for MR2 vessels
8Orderbook has fallen from a ~48% high in 2007 of the then existing fleet to 6% (98 MR2 vessels) of the worldwide fleet, lowest since 2000
8MR2: Low ordering – 52 MR2’s in 2017 (3.2% of global fleet)
8Limited capacity additions scheduled beyond 2018 due to continued financial problems/restructurings/closures at shipyards and limited availability of cost-effective capital
8Worldwide MR2 fleet is expected to grow at an average of 2.7% (gross) per annum in 2018 and 2019, without giving effect to the scrapping of older vessels and slippage of deliveries
Click on Reports for more
Details
In order to get over any major technical problems in using gas-based power to ramp up, it has been suggested that they be kept running at base load stations.
8Then again, these sudden ramp ups and ramp downs will need flexible gas supply contracts
8Contracts will have to include clauses like non-uniform consumption of gas and weekly gas allocation instead of daily with flexibility for less withdrawal during weekends or during holidays and festivals and more on other days when ramp up requirements will be higher.
8The government is looking at how to incentivise gas supply contracts suitable to ramping up operations
Click on Reports for more Details
The gas lobby is still looking at a revival of gas-based power generation necessitated by the avalanche of renewable energy.
8When solar power switches off at night, peaking power will be needed and gas based generation can serve this purpose, is the argument
8With 175 GW of installed capacity from RES by the year 2021-22, it is estimated that the frequency of ramping requirement will increase with maximum positive ramping requirement of  400 MW/min. 
8There is now confidence among decision makers that this kind ramp up can be done 
8While hydro power is one obvious sources for quick ramp up, gas based power stations can also do the job but that will need overcoming a lot of technical difficulties 
8The impact of start-stop operations for gas based power will put a heavy load on inspection schedules and maintenance. 
8In some of the turbines, number of starts also triggers the need for inspection. In one case, while the minor inspection is after 24,000 operating hours (2.7 years), the same is triggered after 450 starts (considering that the gas turbine is started each day for 1.5 years). Therefore, the inspection schedules are expected to be adversely affected by daily start stop operation in such cases as well. 
8This is over and above the fact that a merit order system will find the price of gas based power, fired on imported LNG, to be very expensive. 
8Take the example of the Dadri gas based power station of NTPC. The plant has had a total of 500 start-stops in its 25 years of operation. But when working in the peaking load format, these numbers will be achieved in only one and half years. 
Click on Reports for more Details
In the midst of all the hype, the gas story in India continues to be unclear, according to intrepid business analysts
8It is clearly not cost competitive against coal
8Then again, there are severe infrastructure constraints and policy support has been shallow so far, despite a lot of talk
8India is possibly skipping gas and going to renewable energy straight seems to be the line of argument here
Find out more on what this line of argument is saying
Click on Reports
Details
Clearly, two different new-generation routes are available to make ethanol by the Indian refinery majors
The routes are:

8Bio-mass route: Sophisticated bio-refineries use state-of-the-art technologies to convert grains, corns, beverage and food waste, cellulosic biomass and other feed stocks into high-octane ethanol. This route is now being pushed heavily by a Indian monopoly which seems to have developed its own technology
8Waste Gases route: The mixtures of carbon mono-oxide and hydrogen from Industrial waste gases (still mill, MSW syngas etc.) can be used to produce ethanol using a bio-catalyst based technology. Hydrogen unit PSA Off-gas containing CO+H2+CO2 can be also used for ethanol production. Indigenous refinery R&D is being put to use to optimize this route.
Which route is more economical is the real question
Click on Reports for more  
Details
While one refinery goes the bio-mass route, another one is going for a 33.5 KTPA ethanol production capacity using indigenous R&D
8Currently, the entire HGU PSA off gases consisting of CO, H2, CO2 and CH4 are routed to reformer as a primary fuel.
8The proposal envisages routing of the HGU PSA off gases as a feed to the Ethanol plant, after feed treatment.
8After the conversion of PSA off gases to Ethanol, the vent gases will return as a fuel to the reformer.
8The plant location will be within the refinery premises
8The project cost is Rs 450 crore
Click on Reports for more
Details
8Project Name: Greenfield POL Depot Project
8Project Cost: Rs 255 Crore
8Project Description: The owner is planning to install a Greenfield POL Depot with a capacity of 79,229 KL. Environment Clearance is to be expected by April 2018.
8Project Event: RFQ for EPMC contractor is to be expected by June 2018.
8Expenditure Approval : Q2:2017
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q3:2018
8Completion Date : Q3:2020
Click here for key contacts
Details
 Even as one refinery goes in for a bio-mass based ethanol plant, another is taking the petrochemical route.
 The website carries here details of a 2G Bio-Refinery for a 60 KL fuel-grade ethanol per day, using around 1.5 lakh tonnes of bio mass per year.
8Project Cost: Rs 900 Crore
8Project Description: The refinery has selected the EPC contractor and a licensor. The ethanol plant will be based on DBT-ICT 2G Ethanol technology. 
8Project Event: RFQ for LSTK contractor is expected by May 2018.
8Expenditure Approval : Q2:2017
8RFQ Date : May/2018
8Release Date: Jun/2018
8Start Date : Q2:2018
8Completion Date : Q1:2022
Click here for more details for more project data and key contacts.
Details
Ammonia-Urea Brownfield Project  
8Cost - Rs 6000 Crore
8Project Event: RFQ for EPC contractor was floated in February 2017 and price bid has been opened, The tender award will be awarded after the board meeting, which is due in March 2018, but the exact date has not yet been determined.
Click here for more information
Ammonia-Urea Energy Saving Project   
8Cost - Rs 250 Crore
8Project Event: EOI has come out for an LSTK contractor and the last date for submission is extended from 5 March to 20 March 2018.
Click here for more information
SSP Fertilizer Greenfield Project  
8Cost - Rs 5 Crore
8Project Event: RFQ for an LSTK contractor is extended from 27 February to 20 March 2018.
Click here for more information
  Details
8Tenders will be out for construction of a GGS (gas gathering station) and OCS (oil collection centre).
8RFQs are expected by next week.
Click on Reports for key contacts Details
A spate of new onshore development will provide enough business for E&P equipment and service suppliers
8
Project Name: Greendfield Oil and Gas Field Site Development
8Project Cost: Rs 2000 Crore.
8Project Description: The operator is planning the development of  an onshore hydrocarbon area spread over different blocks which are geographically aligned. The project involves development drilling of 54 onshore wells, 02 production installations and laying of 250 km infield pipeline. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by October 2018. The process of hiring an EPC contractor for production installations is expected to begin soon. RFQ for the Drilling Rigs, Blowout Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for EPC contractor for production installation and the pipeline network are expected by June instead of March 2018.
RFQs for hiring services for rigs and equipment are expected by July instead of April 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: May/2019
8Completion Date: Dec/2021
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Details
8Project Name: Exploratory Drilling
8Project Description: RFQs for a civil contractor for a five-well additional exploratory drilling programme in a PEL Block have been delayed on account of delay in forest clearance. Currently, exploratory drilling for 2 other wells is going on in the block. The 2D seismic survey for the block was carried out in the year 2015 for an overall area of 185 sq km, out of which 154 sq km has been relinquished.
8Project Event: RFQs for hiring a civil contractor is expected by September instead of March 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1/2019
8Completion Date: Q4/2019
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Details
8Project Name: Drilling Field Development
8Project Cost: Rs 1100 crore.
8Project Description: Owner is planning an onshore Oil & Gas Development Drilling and Production programme. The project involves drilling of 18 wells and construction of production facilities  The application for Forest Clearance is under process. An EIA Consultant for the project has already been hired. Further RFQs are expected shortly.
8Project Event: RFQs for hiring an EPC Contractor is expected by Q3/2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2021
Click here for more details for key contacts 
Details
8 Project Name: Oil Field Development.
8Project Cost: Rs 2800 Crore.
8Project Description: Promoter is planning the development of an oil field. The project involves development drilling of 70 wells, 10 production installations and laying of approximately 190 km of pipelines. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by June 2018. The process of hiring an EPC contractor for production installation and the pipeline laying is expected to begin soon. RFQ for the rigs, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for EPC contractor for production installation and the pipeline network are expected by June instead of March 2018.
RFQs for hiring services for rigs and equipment are expected by July instead of April 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: May/2019
8Completion Date: Dec/2021
Click here for more details

8 Project Name: Captive Solar Power Unit
8Project Description: Promoter is planning the installation of a 5MW captive Solar Power Unit. Currently, the project is in initial stage. As of now feasibility report for the project has not been prepared. The project will involve installation of solar panels and other power generation units in the existing premises of the promoter. The project will have to be executed on turnkey basis. Moreover, a slight delay is expected in RFQ release on account of delay from Head Office as the feasibility study part of the project is still to be completed from their end. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring the LSTK contractor for the project is expected by June 2018 instead of March 2018.
8Expenditure Approval: Nov/2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q4/2018
8Completion Date: Q2/2019
Click here for more details

8Project Name: Oil Field Development
8Project Cost: Rs 2150 crore.
8Project Description: The Promoter is planning to drill 70 Nos. of onshore oil & gas wells along with laying of associated pipelines. A part of the block covers a Wildlife Sanctuary. The application for Wildlife Clearance is under process. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for hiring an EPC Contractor is expected by Q3/2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Oct/2019
8Completion Date: June/2022
Click here for more details
8Project Name: Refinery Greenfield Expansion Project
8Project Cost: Rs 8300 Crore
8Project Description: An owner is planning to expand its refinery from 6 MMTPA capacity to 9 MMTPA capacity. A private company was appointed to prepare the Pre-feasibility Report. Further RFQ will be expected soon. Currently, surveying work is going on.
8Project Event: RFQ for Licensor selection is to be expected by April 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Apr/2018
8Release Date: May/2018
8Start Date: Q3:2018
8Completion Date: Q3:2023
Click here for more details.

8Project Name: Brownfield LPG Bottling Plant
8Project Cost: Rs 143 Crore
8Project Description: An owner along with EPC contractor Engineers India Limited is planning to expand its existing LPG capacity from 11 TMTPA to 60 TMTPA in its LPG bottling plant. RFQ for all the equipment is already out.
8Project Event: RFQ for mechanical work is expected by June 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q1:2018
8Completion Date: Q1:2020
Click here for more details.
Details
8Project Name: R&M of Hydro Power Station
8Project Cost: 20 crores
8Project Description: The owner is going on with renovation and modernization activities for a 115 MW (5x23 MW) hydro power plant. Currently, the developer has carried out R&M works for unit 1,2,3 and 4. RLA study for unit-5 is yet to be taken up. The owner will come out with bids for procurement, erection and commissioning of a new digital governor including dismantling of existing governor after getting approval from the state government.
8Project Event: RFQs for procurement, erection and commissioning of a new digital governor is expected by Q2 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Q2:2018
8Release Date: Q3:2018
8Start Date: Q1:2019
8Completion Date: Q1:2020
Click here for more information
8Project Name: Pumped Storage Greenfield hydroelectric Project
8Project Cost: 500 crores
8Project Description: The developer is carrying out the engineering activities for a 500 MW (4x125 MW) greenfield pumped storage plant. EC has been accorded on 18 January 2018. The project is getting hampered due to non-resolution of inter-state issues between Kerala, Tamil Nadu, Karnataka and Puducherry. The owner shall come out with the bids for civil works soon.
8Project Event: RFQs for civil works are expected by Q3 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q4:2019
8Completion Date: Q3:2025
Click here for more information
8Project Name: Retrofitting of Condenser in Thermal Power Station
8Project Cost: 20 crores
8Project Description: The owner's 1050 MW (5*210 MW) Thermal Power Station for retrofitting and modernizing the existing condenser in unit-1 (210 MW) is on hold due to delay in getting administrative approval. The tube plates of condenser have corroded severely due to sea water applications and also it has served its life period. The major equipment required will be condenser tubes.
8Project Event: RFQ for retrofitting of condenser is expected by Q2 2018, instead of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Q2:2018
8Release Date: Q3:2018
8Start Date: Q4:2018
8Completion Date: Q4:2018
Click here for more information Details
8A quantative analysis shows that Tide Water Oil (India) Ltd's share price is highly over valued at this juncture Click on Reports for more
8Also know more of a similar exercise conducted for Mahanagar Gas Ltd
Click on Reports for more Details
Is CNG a better option for India that LNG?
8Given that CNG infrastructure is easy to set up, and it has a better delivery infrastructure in India than LNG, some global companies are exploring the possibility of setting up large scale CNG import facilities along the coast line.
8What is important to note is that CNG infrastructure cost will be a fraction of the cost of LNG receiving terminals.
8CNG can offer flexible terms on long-term contracts than LNG
Click on Reports for more Details
CNG can unlock the value of stranded gas reserves where LNG or pipelines are unfeasible due to economic, geopolitical or environmental issues.
8There is no need for capital intensive regasification terminals or lengthy single-use pipelines
8There is the possibility of greater arbitrage capability with flexibility to supply several markets in a region
8The CNG supply model is highly scalable and fit-for-purpose to meet delivery volumes or market growth
8The model is far simpler than LNG, and has easily re-deployable technology and assets as against complex LNG facilities
8What is more, significantly lower capital requirements than LNG or FLNG
8CNG loading and offloading facilities are much simpler, much less expensive and have significantly smaller footprint than typical LNG liquefaction and regasification facilities.
8Offloading onshore, gas is discharged from the ship at a dedicated berth at a jetty. High pressure pipe and heat exchangers will manage the energy transfer resulting from the decompression of the gas.
Click on Reports for more Details
Marine CNG carriers are also easy to build
8Vessels are significantly cheaper than LNG - approximately 1/3 - 1/6th of the capital cost
8What is more these ships are easily is re-deployable as around 85% of costs are in the ships.
8By contrast, LNG consists mostly of sunk costs in fixed liquefaction export facilities and LNG import facilities
8What is more, marine CNG ships and fleets can be sized to fit the initial market, followed by future investments phasing in only when the markets materialise.
8Ships can be added incrementally (phased in) as the market demand volumes grow
8Marine CNG can be operational within maximum 3-4 years vs LNG development taking 6-8 years.
8Monetisation of reserves can be accelerated by expanding the CNG fleet to meet growing market demands.  Ships can be re-deployed to other operations at end of field life.
Click on Reports for more Details
The future for oil continues to remain highly uncertain.
8Last projections up to 2050 seem to show that the price of crude in 2017 prices could reach as high as $229 per barrel by 2050 in the high case, in comparison to $114/bbl in the reference case and $52/b in the low oil price case.
8This seems to suggest that if the E&P cost can be kept below $50/bbl, he is home safe until the year 2050
8These prices are good benchmarks for projects with 20-year life spans
8Unlike in the case of oil, gas prices are mean to go down by about 14% by 2050
Click on Reports to know more
   Details
That projection that electric vehicle growth will overwhelm the conventional cars in the next 10 to 15 years years is now being increasingly disapproved by leading research agencies.
8According to latest data, even in a country like the US, the combined sales of new electric, plug-in hybrid electric, and hybrid vehicles grow in market share from 4% in 2017 to 19% in 2050 in the reference case.
8The combined share of sales attributable to gasoline and flex-fuel vehicles (which use gasoline blended with up to 85% ethanol) declines from 95% in 2017 to 78% in 2050 because of the growth in the sales of
electric vehicles.
8Passenger cars gain market share relative to light-duty trucks because of their higher fuel efficiency in periods when motor gasoline prices are projected to increase and because crossover vehicles, often classified as passenger cars, increase in availability and popularity.
8New vehicles of all fuel types show significant improvements in fuel economy because of compliance with increasing fuel economy standards.
8New vehicle fuel economy rises by 45% from 2017 to 2050.
Click on Reports for more Details
A transport ship carrying the first cargo of liquefied natural gas produced by Dominion Energy's 5 MMTPA Cove Point LNG terminal departed Thursday, March 1
8The newly constructed liquefaction facility is undergoing final commissioning.
8All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality assurance activities.
8It is pertinent to note that GAIL has a 20-year offtake agreement with this facility
8What are the Indian gas major's plans with this gas is still not fully known yet but for references that it has made onward tie ups of all its US commitments
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Road Transportation of Bulk Pol Products in the state of Tamil Nadu Details
8Supply of Pipes Seamless for GTU Project at refinery Details
8
Supply of MTBE Resin Catalyst for refinery Details
8Supply of License, Basic Design Engineering Package and other related services for Polyol project Details
8Design, hosting & maintenance of Scratch Coupon Redemption & Governance Software package for Lubes SBU Details
8Hiring of Services for Topography Survey using Survey Equipments for Stacking of Drilling locations Details
8Hiring of Services for Environmental Parameter Monitoring at Drilling Installations Details
8Comprehensive Annual Maintenance Contract in Central Tank Farm and Moran Tank Farm Details
8Supply of UV-IR Flame Detectors Details
8Procurement of Fasteners for VGO-HDT Unit Details
8Troubleshooting and health check of Synchronous Motors at refinery Details
8ARC Lineup for Emerson Analyzer Spares Details
8Construction of Oil Field Header and extension of field header at Mehsana Asset Details
8Procurement of Hydraulic Mobile Scissor Lift Details
8Re-Certification of IMS for Dabhol Bangalore Pipeline Details
8Replacement of Corroded Structure Piping Supports Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Bengal shale hopes brighten Details
8Indian Energy Exchange to launch spot gas exchange for marginal fields Details
8First US liquified natural gas cargo leaves for India Details
8Response to OALP round-one bidding encouraging: Official Details
8Crisil’s GDP forecast for 2018-19: ‘In achieving 7.5 per cent growth, NPA resolution and reforms to play key role’ Details
8Essar Oil & Gas to submit shale gas exploration proposal: MD Details
8IOC to lay five pipelines from Ennore to Korukkupet Details
8Asian giants India, China to pip US as top oil-guzzlers by 2020: IEA Details
8Oil extends gains on IEA growth forecasts, hopes for OPEC-U.S. shale producer talks Details
8Indian Oil Corp commissions multi-product pipelines in Chennai Details
8Egypt's new oil refinery to begin test run in third quarter of 2018 Details
8EXPLAINER - How unstable is Libya's crude oil production? Details
8Shell gives up on Gaza's offshore natural gas field - Palestinians Details
8Chevron in talks to sell stake in Canada LNG project -sources Details
8Exxon-led consortium, Spain's Repsol submit interest in Greek oil and gas tenders Details
8
Iraq pips Saudi to become India's top oil supplier Details
8‘To profit from competition’, CIL reaches out to unions Details
8Iraq parliament votes to create national oil company -lawmakers Details
8Oil demand growth to shift to petrochemicals away from motor fuels: IEA Details
8Global growth, domestic demand to lift FY19 GDP to 7.5 per cent: Crisil Details
8US oil expected to meet most of world's growth in demand Details
8Essar to submit shale gas exploration proposal to steering committee Details
8ONGC Videsh, Oil India announce approval of Mozambique LNG development plan Details
You can also click on Newsclips for more   
Details
8Fast electric vehicles chargers are making an entry into India. Find our which direction this technology is going at this juncture. Click on Reports for more
8Power prices are flaring up on coal shortages and gas generation is up 8%, up 188 bps, year on year in January. Will an auctioning of gas linkages unlock the lock jam in the business? Click on Reports for more
8If you are interested in knowing how Pakistan looks at India's military "adventurism" across the border, here is a detailed report. Clearly, there seems to be a lot of hype across both sides of the border and it is now difficult to differentiate between fact and fiction. Click on Reports for more
8Oil degrading bacteria found in India soil have been found to be effective in containing spills. Here is a comprehensive report on the subject. Click on Reports for more
8Long term mobile offshore oil and gas vessel contracting fell 26% in 2017 over 2016 but is slated to grow rapidly going up to 2023. Here is a projection. Click on Reports for more
8The Kalpataru group is today a diversified conglomerate spanning real estate, roads, building, transmission and distribution and oil & gas infrastructure/  It has a presence in 50 countries. Find out more on what differentiates this company from the others. Click on Reports for more
8Given the offshore boom in India, a number of Indian companies offering to be local agencies for global conglomerates has been on the rise. Here is one example. Click on Reports for more
8Keep a lookout for Vandana Hari, an Indian oil & gas analyst who has forked out and established a niche oil & gas consultancy by the style of Vandan Insights. "2017 will go down as one of the more transformative years in the global oil markets. It busted a few assumptions and forced a reset of some others," she claims. Click on Reports for more
8Saudi Aramco's business spans not just the oil & gas space but many other areas. Indian public sector oil companies have a lot to learn about how the conglomerate manages employee engagement. Here is a template. Click on Reports for more
8This is resting time for commodity prices before they begin their forward gallop. Click on Reports for more
8Will oil prices continue to fall on rising U.S. inventories, record output and a stronger dollar outweighing high OPEC compliance with its supply-cutting deal? Click on Reports for more
8Find out more on custom designed sealing systems and polymer solutions for sub sea oil & gas installations. Click on Reports for more
8Know more on the country's largest supplier of marine and offshore cables in India. Click on Reports for more Details
The website carries here an analysis of global patent filings over the past five years which reveals unique research specializations by country.
8Understanding these localized specializations provides a strategic opportunity to identify untapped talent pools
8This can also allow for insights into new markets or production locations for existing technologies.
8India has a specific global advantage in one vital technology
8Local companies must take note.
Click on Reports for more Details
The biggest air conditional boom in the world will take place in Indian cities.
8Cooling degree days multiplied by population is indicative of an urban area’s potential need for air conditioning
8The highest ranking metropolitan areas by cooling degree days are in India
8And demand for air conditioning typically increases with rising incomes and urbanization
8Smart design, insulation and temperature controls can greatly improve building energy efficiency and comfort
8Will gas make an inroad in this segment in India or will it be renewable power?
Click on Reports for more Details
The impact of the electric vehicle both in terms of how many of them will be on road 20 years from now and by how much will fuel demand go down is a huge subject of debate
8Differing estimates are going around.
8The big oil majors, and quite obviously they are interested parties, do not think the EV revolution is just around the corner. They think it is still a long time away and highly efficient, low emission combustible engine cars will continue to be preponderant till 2040
8In fact, the bigger threat is efficiency gains in conventional vehicles through use of innovative technology by car manufacturers.
8More demand destruction will take place from efficiency gains than on account of the advent of the electric car
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Has Deep Industries gotten over the blacklisting cloud hanging heavy over its head?
8The company claims that it is doing fine.
8Business is reportedly growing
8And they claim to be in areas where it has developed deep relationships and where entry barriers are high
Click on Reports for a heath check on the company Details
An asset light, intelligent software enabled cargo handling is where the big money is. Is there space here yet for aggressive well funded shipping companies to tie with with IT majors to get into the business?
These are the reasons why this segment is likely to grow quickly:
8Only 40 terminals (out of 1,200 terminals) are automated or semi-automated currently globally
8Ships are becoming bigger and the peak loads have become an issue. Enabling software can work well here Increasing focus on safety
8Customers require decreasing energy usage and zero emission ports
8Optimum efficiency, space utilization and reduction of costs are increasingly important
8Shortage and cost of trained and skilled labour pushes terminals to automation
8The container value chain is very inefficient: total value of waste and inefficiency estimated at $20 billion
8Over 50% of the port software market is in-house and these solutions are not competitive
Click on Reports for more Details
The freight rates for VLGC and LGC carriers have been in dramatic decline since 2016.
8Prices in the fourth quarter of 2017 were down to $17,500 daily TCE from over $27,000 in 2016 for VLGCs
8For LGC's, the rate went down from $23,000 to $14,100.
8The global supply and demand market is changing too, with the US LPG exports rising and that of Middle East declining.
8Both China and India continue to show a strong appetite for LPG.
8A global demand-supply matrix is presented here, along with US supply-demand and net export outlook for 2018 and 2019
8The order book position for vessels going ahead is documented too.
Click on Reports for more Details
These are good time for homegrown E&P equipment and service suppliers.
8The government is on a protectionist binge and that is helping small Indian companies to expand into larger entities
8Local company participation is encouraged and local content requirements will go up over time
8Onshore drilling or workover rigs will require 50% local content in the first year, 60% in next two years and 70% in the last two years. And that is good news for companies such as BHEL
8For premium bids and specialised drilling and completion services, the required local content has been pegged at 10% for the first year, 15% in next two years and 20% in the fourth and fifth years. Smart Indian collaborators can find space between the wedges here
8Manufacturers or service providers who meet the local content targets and whose quoted price is within 10% of lowest valid price bid, would be eligible for 10% purchase preference for a stipulated portion of the purchase order, on matching such price.
8There is now expectation that the Indian market is going to be good enough for global technology suppliers to find it worth their while to tie-up with local companies and add value.
Click on Reports for more Details
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