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Ambitious local company bags KG-DWN-98/2 PMC contract
May 13: An ambitious Indian engineering company tied with a foreign counterpart to make up for the experience criteria to grab the PMC contractor's role in ONGC's KG-DWN-98/2 job.
8The consortium under quoted its rival by a wide margin, and ONGC found out to its dismay that its own internal estimates were way above the L-1 price.
8The win can serve as an example of how Indian engineering talent can be pared with the experience of a foreign partner, to bag large and complex jobs in India.
8This is a model that can, in fact, be replicated around the world.
8The business model put in place to win this contract can be a template for other engineering companies to use from here on.
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