Leasing of Electric Vehicles (Long Term) - Wet Lease; As per tender specifications; 3000 KMs and 32
Rural Electrification Corporation Limited
Bid Publish Date
27-Jun-2026, 11:37 am
Bid End Date
07-Jul-2026, 1:00 pm
EMD
₹8,900
Value
₹35,20,991
Location
Progress
Quantity
1
Bid Type
Single Packet Bid
Northern Coalfields Limited seeks a long-term wet lease of electric vehicles under Coal India Limited governance. The scope covers a lease term of 60 months, with a monthly drivetrain usage target of 2,250 KMs and availability of 12 hours per day. The estimated contract value is ₹3,520,991.25, and the bid requires an EMD of ₹8,900. Qualification relies on the uploaded ATC and eligibility criteria, with potential quantity/duration adjustments up to 25% per the buyer’s clause. This tender emphasizes service robustness over multiple years, with a broad operational window and a focus on continuous vehicle availability within the specified cadence.
The opportunity is centered on providing compliant EVs that meet regulatory and internal Coal India standards, ensuring uninterrupted operation for mining-sector logistics. The tender documents mention standard ATC references and a BI/ATC view to guide eligibility, evaluation, and performance security. A notable feature is the 25% quantity/duration flex, allowing procurement adjustments aligned with project needs and budgetary considerations. The absence of BOQ items indicates a service-focused engagement rather than discrete equipment units.
This procurement sits within the railway-adjacent mineral transport ecosystem, and bidders should prepare for long-term fleet support, reliability metrics, and consistent uptime to fulfill the 60-month wet lease commitment under the specified monthly and daily usage parameters.
Electric vehicle long-term wet lease
60-month term
2,250 KMs per month usage
12 hours daily operational window
EMD ₹8,900; estimated value ₹3,520,991.25
25% quantity/duration flex at contract issuance
EMD and ATC governs eligibility and security requirements
25% scope adjustment allowed; post-issuance with consent
Long-term EV leasing with monthly mileage and daily hours targets
Payment terms to be detailed in ATC/NIT; bidders must align with milestone-based or monthly billing once specified.
Delivery/availability aligned to tender documents; exact schedule to be confirmed in ATC.
LD details to be provided in ATC/NIT; anticipate SLAs for uptime and delivery performance.
Experience in supplying/operating long-term EV leasing or wet-lease fleets
Demonstrated working capital sufficient for 60-month engagement
Compliance with ATC/NIT eligibility criteria and performance security
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Leasing of Electric Vehicles (Long Term) - Wet Lease; As per Tender documents; 2250 KMs per month and 12 hours per day; 60 Months Lease; As per tender documents
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Main Document
OTHER
OTHER
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
PATNA, BIHAR
Power Grid Corporation Of India Limited
REWA, MADHYA PRADESH
Rural Electrification Corporation Limited
DEHRADUN, UTTARAKHAND
Northern Coalfields Limited
Tender Results
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar EV leasing projects
Financial statements/balance sheets for the last 2–3 years
EMD receipt or online payment proof
Technical bid/documentation as per ATC
OEM authorization or dealership certificate (if OEM requirements exist)
Any certificates of compliance or quality certificates per ATC
Key insights about UTTAR PRADESH tender market
Bidders must submit GST, PAN, experience certificates, financials, EMD ₹8,900, and technical documents per ATC. Review ATC for eligibility, evaluation, and performance security. Ensure 60-month wet lease aligns with 2,250 KM/month and 12 hours/day usage; adjust scope up to 25% if required.
Submit GST certificate, PAN, experience certificates for similar leasing, last 2–3 years financial statements, EMD receipt, OEM authorization if applicable, and technical compliance documents per ATC/NIT. Include any mandatory certificates noted in the ATC for eligibility.
The tender specifies a long-term wet lease for EVs with 60-month duration, targeting 2,250 KMs per month and operation for 12 hours daily. No specific vehicle specs are provided in the public data; refer to ATC for OEM and model requirements and compliance standards.
The EMD amount is ₹8,900. Submit as part of bid security along with GST/PAN and other documents. The ATC/NIT will confirm whether EMD is refundable on bid rejection or after contract award as per policy.
The buyer may increase or decrease the contract quantity or duration by up to 25% at the time of contract issue; post-issuance, adjustments can continue to be accommodated with the service provider’s consent.
Eligibility criteria are provided in the Buyer Uploaded ATC/NIT. It governs work experience, working capital, and performance security required for bidding; bidders must review these documents for compliance before submission.
Payment terms are not specified in the public data; the ATC/NIT will specify milestones or monthly billing. Prepare for standard government procurement terms, including possible service credit and acceptance criteria aligned with uptime targets.
Ce Ro Morth Lucknow
📍 ALLAHABAD, UTTAR PRADESH
Northern Coalfields Limited
📍 SIDHI, MADHYA PRADESH
Mahatma Gandhi National Rural Employment Guarantee Act (mgnrega)
📍 NEW DELHI, DELHI
Chacha Nehru Bal Chikitsalaya
📍 EAST DELHI, DELHI
📍 WEST DELHI, DELHI
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Main Document
OTHER
OTHER
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS