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 Click on Details for more