{"id":424,"date":"2026-04-22T18:25:52","date_gmt":"2026-04-22T18:25:52","guid":{"rendered":"http:\/\/www.casapalaciocazalla.com\/?p=424"},"modified":"2026-04-28T19:19:50","modified_gmt":"2026-04-28T19:19:50","slug":"ongc-cancels-jack-up-rig-tender-over-cartelisation-fears-flags-60-spike-in-bid-prices","status":"publish","type":"post","link":"http:\/\/www.casapalaciocazalla.com\/index.php\/2026\/04\/22\/ongc-cancels-jack-up-rig-tender-over-cartelisation-fears-flags-60-spike-in-bid-prices\/","title":{"rendered":"ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid prices"},"content":{"rendered":"<p>State-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid patterns, suspecting collusive practices. The company observed a nearly 60% increase in day rates within nine months, significantly exceeding market norms. ONGC aims to ensure fair competition and safeguard public funds by upholding procurement integrity. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid ...<\/p>","protected":false},"author":1,"featured_media":260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/posts\/424"}],"collection":[{"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/comments?post=424"}],"version-history":[{"count":1,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/posts\/424\/revisions"}],"predecessor-version":[{"id":425,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/posts\/424\/revisions\/425"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/media\/260"}],"wp:attachment":[{"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/media?parent=424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/categories?post=424"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.casapalaciocazalla.com\/index.php\/wp-json\/wp\/v2\/tags?post=424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}