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KG-DWN-98/2 onshore terminal-I: High differentials
Feb 07: Why was there such a high differential between the reserve price of ONGC and the L-1 price for the onshore terminal related to the block KG-DWN-98/2
8Well placed sources said that the cost estimation process in ONGC for this particular tender was faulty.
8Even so, a look at the quoted prices shows at least one bidder's estimation was far out of sync.
8The LOA has finally been awarded, and kick-off meetings are now on between the contractor and ONGC
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