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 8Supply 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 refineryDetails 8Mechanical hot and cold jobs comprising maintenance of Heat exchangers columns vessels reactor furnace piping structural and other miscellaneous jobs at refineryDetails 8Supply of Steady State Process Simulation Software for Gas/liquid, liquid /liquid Processing technologies at Process Design Engineering CellDetails 8Microprocessor based Digital Stabinger Viscometer with accessoriesDetails 8Supply of Skid Mounted Tool Bin for Drilling RigsDetails 8Corrigendum: Expression of Interest for engagement of Consultant for setting up of used lubricating oil Collection centersDetails 8Procurement of HP Mud Gate ValvesDetails 8Hiring the services for LSTK Project of Pipeline ProjectDetails 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 fuelsDetails 8‘Buy’ on ONGC, Oil India; prefer IOCL to BPCL/HPCLDetails 8Moelis & Co’s Manisha Girotra: India is in a sweet spot for financial, strategic investorsDetails 8Debt-laden Videocon Industries to sell off stakes in Brazil oil blocksDetails 8Shell seeks to sell out of several Norwegian fieldsDetails 8CERAWEEK-Shell's U.S. shale output plans prioritize oil over natgasDetails 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 breakoutDetails 8India Inc. has Rs 1.8 lakh crore cash trapped in their balance sheets: EY ReportDetails 8Peugeot steps on gas for ASEAN play; India nextDetails 8Petrol price in India today remains unchanged for second-day in a row; global crude steadyDetails 8Diesel price in India today down by 5-6 paisa in metro citiesDetails 8‘A fight for a cleaner future’Details 8How the US is becoming new Saudi ArabiaDetails 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 moreDetails
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
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Specific, forward-looking business leads is what we provide in the downstream sector. 8Project 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 informationDetails
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.
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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
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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 informationDetails
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
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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
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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 detailsDetails
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 8Hiring 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 refineryDetails 8Supply and commissioning of mounded type pressure vessels for LPG storage along with allied facilities at LPG Bottling PlantDetails 8Design, manufacturing and supply of Centrifugal pumps along with accessories and mandatory spare parts for complete sealing system as complete package in refineryDetails 8Supply of Chloride Guard Catalyst for CRU and HGU Unit at refineryDetails 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 BhattacharyaDetails 8CERAWEEK-Shell's gas production could be triple oil by 2050 -CEODetails 8CERAWEEK-Mexico rushes to add heavy oil auction to 2018 calendar -officialDetails 8Demerger and listing of dredging business to take 6-8 months: Shalabh Mittal, MercatorDetails 8India underperforming global markets as macro risks resurface: Sanjeev Prasad, Kotak Institutional EquitiesDetails 8Crude oil prices trade sidewaysDetails 8‘Costs for Indian overseas bond issuers have risen by 55-70 basis points’Details 8JetPrivilege members to get rewarded at IOCL fuel outletsDetails 8Oil drops most in three weeks amid falling equities, output jump Details 8BCPL eyes profit of Rs 100cr this fiscalDetails 8Nuclear fuel production to rise 10-fold in 15 yrs: GovtDetails 8How China is about to shake up the oil futures marketDetails 8Crude oil steadies after big fall, but soaring US crude output still weighsDetails 8With $1-billion cheque, Greenko closes in on Orange RenewablesDetails 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 PradhanDetails 8Rise in ethanol production will help India achieve blending target, says Dharmendra PradhanDetails 8India imposes fresh restrictions on trade with North KoreaDetails 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 moreDetails
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 informationDetails
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 moreDetails
For reference purposes the website carries here the following tenders: 8Procurement of Sodium Benzoate Micronized Details 8Procurement of Liquid cum Gas Nitrogen Details 8Procurement 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 refineryDetails 8Supply of Chemicals as per technical specification at refineryDetails 8Supply of Gate/ Check Valves of refineryDetails 8Lining of Protective Coatings on Concrete and Steel Surfaces in DM Plant area at refineryDetails 8Procurement of Coker Valves as per technical specificationsDetails 8Procurement of HV System PackageDetails 8Procurement of Light Naphtha Hydro Treating Reactor Catalyst along with Guard Bed for Isomerisation UnitDetails 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 kitchensDetails 8Protest staged against laying of GAIL pipelinesDetails 8BS-VI not to be the end of road for branded fuel sold by OMCsDetails 8DGH’s shale gas policy for CBM blocks by MarchDetails 8Pipeline diplomacyDetails 8Ind-Ra: Crude Oil and Liquefied Natural Gas Imports increased in January 2018Details 8IEA’s oil forecast puts US in the driver’s seatDetails 8Government to consult ONGC, Oil India Ltd before auctioning fieldsDetails 8Global crude oil prices fall as Cohn departure raises trade war fearsDetails 8Mexico looks for more Jamaican oil ties, possible Caribbean model -ministerDetails 8Nigeria state oil firm had crude, gas exports of $437 mln in Dec 2017Details 8CERAWEEK-Global oil sector needs $20 tln investments over 25 years -Saudi Aramco CEODetails 8Exxon Mobil interested in working in Algeria, Sonatrach CEO saysDetails 8Chevron Corp expects supply shortage in global LNG market by 2025Details 8Russia must speed up European gas pipeline projects due to Ukraine dispute - NovakDetails 8Gazprom appeals Stockholm court ruling on Ukrainian gas deliveriesDetails 8With GAIL locked in as CBM buyer, Essar Oil now eyes shale gasDetails 8Indian economy to recover gradually to 7.1 per cent in 2018-19Details 8First oil, now gas: India starts importing LNG from USDetails 8India’s first US-sourced natural gas shipment leaves from Cheniere Energy’s Sabine PassDetails 8ONGC Videsh signs pact for developing Susangerd oilfield in IranDetails 8Shale boom, oil price stability dominate Houston energy conferenceDetails 8Petrol and diesel prices rise for the sixth straight dayDetails 8Angola's Oil exports plunging as IEA warns worst is yet to come Details 8An Oil Refining capacity wave is comingDetails 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 PakistanDetails 8IOCL Young Engineers Conclave heldDetails 8IOC ready for EV technology challengeDetails You can also click on Newsclips for moreDetails
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 moreDetails
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 moreDetails
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 moreDetails
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
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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
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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 ReportsDetails
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 moreDetails
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 moreDetails
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 contactsDetails
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 informationDetails
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
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A spate of new onshore development will provide enough business for E&P equipment and service suppliers 8Project 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 Click here for more detailsDetails
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 Click here for more detailsDetails
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 informationDetails
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
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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
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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
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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
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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
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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
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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 8Supply 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 FarmDetails 8Supply of UV-IR Flame DetectorsDetails 8Procurement of Fasteners for VGO-HDT UnitDetails 8Troubleshooting and health check of Synchronous Motors at refineryDetails 8ARC Lineup for Emerson Analyzer SparesDetails 8Construction of Oil Field Header and extension of field header at Mehsana AssetDetails 8Procurement of Hydraulic Mobile Scissor LiftDetails 8Re-Certification of IMS for Dabhol Bangalore PipelineDetails 8Replacement of Corroded Structure Piping SupportsDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Bengal shale hopes brightenDetails 8Indian Energy Exchange to launch spot gas exchange for marginal fieldsDetails 8First US liquified natural gas cargo leaves for IndiaDetails 8Response to OALP round-one bidding encouraging: OfficialDetails 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: MDDetails 8IOC to lay five pipelines from Ennore to Korukkupet Details 8Asian giants India, China to pip US as top oil-guzzlers by 2020: IEADetails 8Oil extends gains on IEA growth forecasts, hopes for OPEC-U.S. shale producer talksDetails 8Indian Oil Corp commissions multi-product pipelines in ChennaiDetails 8Egypt's new oil refinery to begin test run in third quarter of 2018Details 8EXPLAINER - How unstable is Libya's crude oil production?Details 8Shell gives up on Gaza's offshore natural gas field - PalestiniansDetails 8Chevron in talks to sell stake in Canada LNG project -sourcesDetails 8Exxon-led consortium, Spain's Repsol submit interest in Greek oil and gas tendersDetails 8Iraq 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 moreDetails
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
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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
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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
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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 Click on Reports for more
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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
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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
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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
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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
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