Indian Oil Corporation Limited Spare Battery Cells Tender Procurement 2026 by HBL Engineering Limited - IOC

Tender Overview

Indian Oil Corporation Limited intends to procure spare battery cells manufactured/assembled by HBL Engineering Limited. The scope is limited to the supply of goods; the engagement is via GeM portal with related vendor code creation requirements. The procurement includes an option clause allowing ±25% quantity adjustments at contract placement and during the currency of the contract, with delivery time recalculated accordingly. The document scope includes mandatory vendor documentation like PAN, GST, and EFT mandates. The absence of detailed BOQ or unit quantities indicates a focus on ready-to-ship battery cells and invoicing in consignee name with GST compliance. The tender emphasizes GST invoice uploads and GST payment confirmation on the GeM portal as part of the transactional process. This procurement is framed under government procurement norms and requires strict adherence to GST and financial documentation.

• Organization: Indian Oil Corporation Limited
• Product: spare battery cells
• Supplier: HBL Engineering Limited
• Delivery/commercial framework: 25% quantity variation option; GeM invoicing requirements
• Location: Not specified; procurement context remains explicit to IOC and GeM portal
• Key differentiator: Explicit option clause for quantity fluctuation and detailed vendor documentation requirements

Technical Specifications & Requirements

Although no product specifications are published, the bid requires clear transactional and supplier onboarding details:

• Scope: Supply of Goods (spare battery cells) to IOC via GeM
• Invoicing: Invoice in the name of the consignee with the consignee GSTIN; upload GST invoice copy and GST payment screenshot on GeM
• Vendor onboarding documents: PAN Card, GSTIN, Cancelled Cheque, EFT Mandate (certified by bank)
• Documentation for bid: GeM vendor code creation and associated ATC documentation

Terms, Conditions & Eligibility

• Option Clause: Quantity may be increased/decreased up to 25% of bid quantity at contract placement and during the currency at contracted rates; delivery period adjustments follow a defined formula with a minimum of 30 days
• Required documents for submission: PAN, GSTIN, Cancelled Cheque, EFT Mandate; GST invoice and payment confirmation on GeM
• Scope clarity: Only supply of Goods; invoicing terms must align with GST requirements to ensure proper tax treatment
• Delivery/acceptance: Delivery schedule linked to original order dates and option period; contractor must comply with GeM-based payment and documentation procedures