Tender Document - ONGC Videsh Limited
Tender Document - ONGC Videsh Limited
Tender Document - ONGC Videsh Limited
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delays / disruptions caused by such representations and the job has to be re-tendered,<br />
then such bidder will not be allowed to participate in the re-invited tender.<br />
In case, any bidder while making such representations to Competent Purchase Authority<br />
(CPA) also involves other officials of OVL and / or solicits / invokes external intervention<br />
other than as may be permitted under the law and if the tender has to be closed because<br />
of the delays / disruptions caused by such interventions and has to be re-tendered, then<br />
the particular bidder will not be allowed to participate in the re-invited tender.<br />
40. <strong>ONGC</strong>/OVL’s Policy on Climate Change and Sustainability<br />
Bidders should simply confirm that they have read the OVL’s following “Policy on Climate<br />
Change & Sustainability” and they are working upon to develop their policy as well.<br />
i. OVL is committed to enhance contribution to sustainable development through a<br />
greater integration of economic, environmental and social dimensions.<br />
ii. OVL shall endeavour for GHG emission mitigation from our operations and participate<br />
in Kyoto and other protocol where India is a signatory. We shall strive to achieve<br />
quantifiable milestones in these aspects.<br />
iii. OVL shall partner with sustainability advocacy organizations where our strengths are<br />
complementary and also actively propagate the idea of GHG mitigation at national and<br />
international operations where we are business partner.<br />
iv. OVL shall develop and invest in advanced low carbon technologies to meet growing<br />
demand for affordable energy products while improving security of supply and reducing<br />
environmental impacts.<br />
v. OVL’s aim shall be to achieve competitive business advantage from GHG abatement<br />
programmes, particularly through process efficiency, besides improving environmental<br />
performance.<br />
vi. OVL shall endeavour to develop new business opportunities through investment in<br />
climate change.<br />
vii. OVL shall try to adopt triple bottom line accounting and reporting to raise awareness<br />
of the true cost and benefits.<br />
viii. Above all, OVL shall make sustainability a foundation of our business strategy.
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