New Delhi, April 22 (IANS) State-run Oil and Natural Gas Corporation (ONGC) on Wednesday clarified that its decision to cancel a recent tender for hiring jack-up rigs was based on concerns over pricing anomalies and potential collusive bidding.The clarification comes in response to a media report suggesting the cancellation of the tender.The PSU firm said that it follows established public procurement principles, with a strong focus on transparency, fairness and promoting healthy competition.It …
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