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ONGC tightens regulations on standby rates-II: Hard limit set for non-operating day rates
Sep 14: ONGC has now set a hard limit on the non-operating day rate for onland and offshore rigs
8Regardless of the fact that you are an L-1 bidder, the non-operating day rate cannot be higher than the limit set
Click on Details to know more on this limit
  

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