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. Click on Details for more