It all began with our association with the Directorate General of Hydrocarbon (DGH)
is the Indian governmental regulatory body under the Ministry of Petroleum and
Natural Gas. Objectives of DGH are to promote sound management of the oil and
natural gas resources having a balanced regard for the environment, safety,
technological and economic aspects of the petroleum activity. To advise the Ministry
of Petroleum & Natural Gas on issues relevant to the exploration and optimal
exploitation of hydrocarbons in the country, on Exploration Strategies, etc.
To facilitate the discovery of market prices for natural gas transparently and fairly
through a competitive bidding mechanism, DGH came out with a tender in Nov’20.
We participated in the tender and got empanelled to independently carry out auctions
for price discovery of Natural Gas along with 4 other participants who were also
empanelled.
We designed, structured and implemented the overall process of e-Auction for the
discovery of market price for natural gas produced in India while ensuring a
transparency, fair and competitive process, in conformance with the guidelines
issued by Government of India.
WHY CHOOSE US?
Integration of STQC certified e-Procurement with the auction platform
Deep understanding of the approach, methodology & allocation logic that
were to be used for Price Discovery of this commodity
Case study
e-Selling Petrochemical By-products
Brahmaputra Cracker and Polymer Limited (A Government of India Enterprise) is a dominant player in the field of Petrochemicals situated in Dibrugarh, Assam.
Our client, Brahmaputra Cracker and Polymer Limited (A Government of India Enterprise) is a dominant player in the field of Petrochemicals situated in Dibrugarh, Assam. GAIL (India) Limited is the main promoter having 70% of equity participation and the rest 30% is equally shared by Oil India Ltd (OIL)