Power Grid Corporation of India Limited HDPE Composite MAT Tender 2026 Patna - RTGS/EMD Terms & Delivery Standards

Tender Overview

The procurement is for Power Grid Corporation of India Limited involving HDPE Composite MAT with an EMD of ₹328,000. The tender documents specify multiple EMD submission options (DD, BC, online RTGS) and require hardcopy delivery within 5 days post bid end. A key feature is the purchaser’s right to modify quantity by up to ±25% during contract, with delivery timelines tied to the last original delivery order. The process emphasizes on-line payment traceability and performance security via PBG or on-line payment. The tender is location-agnostic in the data, but the EMD/online methods point to Bihar region handling and PATNA banking details, indicating regional submission alignment. The combination of option clause, payment flexibility, and documented ATC signals practical risk management for bidders and a need for robust supply chain readiness.

Technical Specifications & Requirements

• Product category: HDPE Composite MAT. No explicit technical specs are provided in the data. Despite the absence of a BOQ, bidders should infer required durability and material compatibility with HDPE composites, and be prepared to comply with any subsequent ATC amendments.
• EMD amount: ₹328,000. Acceptable submission modes include DD, Banker’s Cheque, or online RTGS/IMPS to the Power Grid Corporation of India Ltd, with hardcopy delivery within 5 days after bid end/opening.
• ATC/EMD routing: Online payment must reference the bid number and bidding entity; online Security Deposit can be provided against award.
• Delivery timing: Delivery period extends from the last date of the original delivery order; extended time calculated as (additional quantity/original quantity) × original period with a minimum of 30 days.
• Banking details: RTGS/online payment to SBI, BORING ROAD branch; ensure exact contract and seller name in transfer data.

Terms & Eligibility

• Quantity flex: Up to 25% increase/decrease during contract; extended delivery period allowed under option clause.
• Payment terms: Online RTGS/IBN with proof of transfer; upfront documentation includes bid number, entity name; AYD for award requires online payment proof.
• Performance security: On-line payment option available; PBG acceptable per GeM GTC; submit online security within 15 days of contract award.
• EMD submission: Accepts DD, BC, or online transfer to the specified Power Grid account; hardcopy to be delivered within 5 days.
• ATC: Bidders must review uploaded ATC document for any supplementary conditions.
• Delivery location scope: Not explicitly specified in the data; bidders should be prepared for regional delivery across project sites connected to Power Grid operations.