IOC extends Haldia deadline to December 22

Vol 19, PW 8 (17 Dec 15) Midstream & Downstream
     

With only a single bid received by the December 15 deadline, IndianOil had no choice but to extend to December 22 the deadline to receive bids for construction and installation of a Coke Drum System and related equipment for its 7.5m t/y Haldia refinery upgrade.

By the noon deadline on December 15 only L&T bid. Two hours later project consultant Engineers India (EIL) e-mailed other likely bidders saying the deadline had been extended.

For weeks, they’d been demanding an extension, saying available time to submit bids was too short. “Usually we would need six weeks between the start of tender sale and bid submission,” said a likely bidder.

“In this case EIL kept sending clarifications and changes almost every week. The last change was received on December 12 and there was no time to incorporate it into the bid.

” Originally floated on November 17, IndianOil held a pre-bid attended by L&T, Punj Lloyd, IOTL, Cinda Engineering & Construction and Albanna Engineering on November 27. Earlier this year IndianOil included the Coke Drum System in its original EPCC-1 package for Haldia.

But when Technip bid lowest on February 9 quoting Rs2200cr ($353m) the tender was inexplicably cancelled and split into three parts with the estimated $50m Coke Drum System component the most important. IndianOil decided that in future it would procure equipment itself and hire only construction and installation contractors.