KSS Moves HC to Can­cel ONGC’s 1k-cr Con­tract to Tech­nip Unit

The Economic Times - - Companies - MAULIK VYAS

En­gi­neer­ing, pro­cure­ment and con­struc­tion con­trac­tor KSS Petron has ap­proached the Bom­bay High Court, seek­ing to can­cel a .` 1,000-crore EPC con­tract that state-run Oil & Nat­u­ral Gas Corp has given to the lo­cal unit of French en­gi­neer­ing com­pany Tech­nip.

In its pe­ti­tion, KSS Petron, for­merly KazS­tory Ser­vices In­fra­struc­ture In­dia and a sub­sidiary of Pa­tron In­dia, ac­cused ONGC of favour­ing Tech­nip KT In­dia Ltd on the con­tract re­lated to an on­shore ter­mi­nal de­vel­op­ment. It claimed that the bid documents sub­mit­ted by the ri­val com­pany were de­fec­tive and said ONGC had ig­nored this while award­ing the con­tract. In its re­ply to the court, ONGC said the bid given by Tech­nip was nearly .` 43 crore lower than that of KSS Petron. “The is­sues raised by KSS Petron were merely tech­ni­cal is­sues which were not gen­uine to the ten­der terms and con­di­tions,” ONGC deputy gen­eral man­ager SK Mishra said in an af­fi­davit filed in the court. “Since the ten­der was to be com­mis­sioned and ex­e­cuted within a pe­riod of 30 months, it was ab­so­lutely nec­es­sary that the said con­tract was com­mis­sioned with­out any fur­ther de­lay,” the af­fi­davit said. KSS Petron, Tech­nip and ONGC didn’t re­spond to emails seek­ing com­ment. Nishit Dhruva, man­ag­ing part­ner of MDP Part­ners, which rep­re­sents ONGC, con­firmed the de­vel­op­ment but re­fused to di­vulge de­tails say­ing the mat­ter was sub ju­dice. KSS Petron is rep­re­sented by JSA Ad­vo­cates & So­lic­i­tors while Khai­tan & Co rep­re­sents Tech­nip KT In­dia. On Novem­ber 29, 2011, ONGC had floated a ten­der for the EPC con­tract for the on­shore ter­mi­nal de­vel­op­ment of S-1 Vashistha Project. It was an open ten­der un­der in­ter­na­tional com­pet­i­tive bid­ding.

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