mjunction to build a platform for e-bidding for Directorate General of Hydrocarbons

mjunction services limited has been appointed by the Directorate General of Hydrocarbons (DGH) to build a platform for them to enable e-bidding, e-evaluation of bids, and e-allocation of oil & gas fields. This platform will aid in transparent allocation of the country’s natural resources, and help the country to reduce its oil import bill by $8 billion annually, as per the Petroleum & Natural Gas Ministry officials. 

mjunction CEO Vinaya Varma said, “I am happy that in addition to managing e-auction of spectrum for the Government of India, we have also been entrusted with the responsibility of building this platform. We have built up strong competencies in design and conduct of large- value e-auctions, and I want to thank DGH for this nationally important contract.”Read More

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