May 15: Oil India Ltd plans to move to an "all LSTK/EPC model" for its E&P projects from here on
8The company has ambitious plans going ahead
8This change in execution strategy will herald a break from the past and change the kind of companies participating in OIL's tendering process
8Accordingly, OIL has modelled a revised set of bid qualification criteria for selection of EPC contractors to execute future projects of OIL in LSTK/EPC mode.
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