Oil marketing companies told to cancel Rs 5,000 crore tender for buying LPG cylinders
NEW DELHI: Th e government has ordered Indian Oil, BPCL and HPCL to cancel Rs 5,000-crore tender for purchase of cooking gas cylinders following detection of several discrepancies in the buying process, said people familiar with the matter .
The three state-run oil companies had recently floated a tender to buy 3.77 crore liquefied petroleum gas (LPG) cylinders to serve new customers, which have almost doubled in the past five years.
Many conditions prescribed in the tender, including the pricing and preference for vendors from eastern India, triggered several complaints to the Prime Minister’s Office (PMO), which then sought a wider examination of the matter, a person familiar with the matter said.
