Addverb Technologies Wins ₹274.6 Cr Automatic Storage & Retrieval System Contract for BPCL Kochi Refinery
Contract Awarded Key Takeaways
- ✓ Addverb Technologies awarded ₹274.6 Cr contract by EIL for BPCL Kochi Refinery project
- ✓ Project involves Automatic Storage and Retrieval System package for polypropylene operations
- ✓ Three bidders participated: Addverb Technologies, CRAFTSMAN AUTOMATION LIMITED, and SMCore Inc.
- ✓ Addverb Technologies emerged as L1 and secured the contract
- ✓ Awarded value exceeds the estimated tender value of ₹260.6 Cr
- ✓ Contract awarded on 21 July 2026 via EPROCURE
Addverb Technologies has secured a ₹274.6 crore contract from EIL for delivering an Automatic Storage and Retrieval System package at BPCL's Kochi Refinery. The award follows a competitive bidding process involving three qualified contenders.
In a significant development for industrial automation in India, Addverb Technologies has been awarded a ₹274.6 crore contract by Engineers India Limited (EIL) for the Automatic Storage and Retrieval System (ASRS) package at the BPCL Kochi Refinery. The project aims to enhance the polypropylene operations at the refinery, marking a major step in modernising storage and logistics infrastructure.
The contract was awarded following a competitive tender process on the EPROCURE platform, with three technically qualified bidders vying for the opportunity. Addverb Technologies emerged as the lowest bidder (L1) and secured the contract, surpassing both CRAFTSMAN AUTOMATION LIMITED and SMCore Inc.
The Award
Addverb Technologies has been formally awarded the contract for the Automatic Storage and Retrieval System package at BPCL Kochi Refinery by EIL, Haryana, at a value of ₹274.6 crore. The award was finalised on 21 July 2026 after a three-way competition, with Addverb Technologies' bid being accepted as the lowest and technically qualified offer.
Bidders (3)
About the Project
- Project covers supply and implementation of an Automatic Storage and Retrieval System (ASRS) package
- Part of the polypropylene project at BPCL Kochi Refinery
- Aims to automate and optimise storage, retrieval, and logistics operations
- Contract awarded by EIL, Haryana, acting as the procurement authority
- Located in Gurugram, Haryana, with project execution at BPCL Kochi Refinery
Why It Matters
This award underscores the growing adoption of advanced automation solutions in India's refining sector, supporting BPCL's drive for operational efficiency at its Kochi facility.
With this contract, Addverb Technologies further strengthens its position in the industrial automation space. The successful bid highlights the company's competitive edge in delivering large-scale automation solutions for major public sector projects.
