IndianOil pushes back LPG pipeline bid date
IndianOil has pushed back the bid submission deadline for a proposed LPG pipeline from its upcoming 15m t/y refinery at Paradip in Orissa to Durgapur in West Bengal.
Originally set for December 26, the new submission date for the estimated Rs913cr ($166m) pipeline passing through Haldia will be January 14. No reason was given for the extension in this tender, which is likely to see bids from Punj Lloyd, Jai Hind, L&T, Corrtech and Essar.
Beset by chronic delays, IOC expects the Paradip refinery to be commissioned by May 2014 when it will begin pumping out 536,000 t/y of LPG, much of which will flow through this new 10.75-inch diameter, 680-km cross-country pipeline to IndianOil LPG bottling plants at Balasore in Orissa, Kalyani and Budge-Budge in West Bengal. IOC wants the pipeline laid in two stretches: the first 342-km stretch (Group A) will be from Paradip to Haldia, while the second 262-km stretch (Group B) will be from Haldia to Durgapur.
