Hiring of Consultants - Milestone/Deliverable Based - Practising Company Secretary; Legal / Policy/
Industrial Finance Corporation Of India (ifci)
SOUTH DELHI, DELHI
Bid Publish Date
11-Dec-2025, 6:53 pm
Bid End Date
02-Feb-2026, 5:00 pm
EMD
₹50,000
Location
Progress
Quantity
1
Bid Type
Single Packet Bid
NTPC Limited invites shortlisted law firms for a limited tender to appoint a legal consultant focusing on protecting promoters’ interests in the BIFPCL, Rampal, and Bangladesh projects. The engagement is milestone/deliverable based and targeted to consultants with strong regulatory, policy, and legal advisory capabilities. Location: GAUTAM BUDDHA NAGAR, UTTAR PRADESH - 201301. The tender specifies an EMD of ₹50,000 and a non-open invitation process with a fixed shortlisting of reputed firms such as Trilegal, Cyril Amarchand Mangaldas, AZB Partners, and others. The contract supports governance, risk mitigation, and regulatory compliance across cross-border project scopes. This limited tender requires bidders to align with NTPC’s internal processes and deliverables as per scope of work. Acknowledged clauses permit contract quantity/duration adjustments up to 25% and allow excess settlement charges under defined conditions, making it essential to plan for variable workloads. The opportunity is highly specific to top-tier law firms with demonstrated experience in energy/infra regulatory matters and cross-border project exposure.
Engagement: legal consultant for promoters’ interests in BIFPCL, Rampal, and Bangladesh projects
EMD: ₹50,000; limited tender participation only
Eligible bidders: shortlisted law firms (e.g., Trilegal, Cyril Amarchand Mangaldas, AZB Partners, Shardul Amarchand Mangaldas & Co)
Contract flexibility: 25% up/down adjustment to quantity or duration
Excess settlement: additional charges allowed with proper documentation
Delivery: milestone/deliverable based; schedule defined in contract
Jurisdiction: India (UP) with cross-border regulatory considerations
Limited tender with shortlisted bidders only; unsolicited bids rejected
EMD of ₹50,000 required to participate
Contract may adjust up to 25% in quantity/duration with acceptance
Excess charges permitted with mandatory supporting documents
Delivery is milestone-driven per defined scope
NTPC may define milestone-based payments; EMD must be submitted as per terms
Milestone/deliverable-based schedule to be detailed in the contract with approved timelines
Not explicitly stated; standard procurement penalties may apply per contract terms
Must be among shortlisted firms listed by NTPC for limited tender
Demonstrated experience in regulatory/energy sector legal advisory
Ability to participate in milestone-based deliverables and cross-border project considerations
Industrial Finance Corporation Of India (ifci)
SOUTH DELHI, DELHI
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
CENTRAL DELHI, DELHI
Indian Railway Finance Corporation Limited
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates (relevant legal consultancy in energy/infra)
Financial statements (last 2-3 years relevant to services)
EMD submission document (₹50,000) via DD/online as per NTPC terms
Technical bid/documentation proving regulatory/compliance capabilities
OEM/firm authorizations or partner arrangements (if any) for cross-border matters
Authorized signatory power of attorney and company details
Extended Deadline
02-Feb-2026, 5:00 pm
Opening Date
02-Feb-2026, 5:30 pm
Extended Deadline
02-Jan-2026, 5:00 pm
Opening Date
02-Jan-2026, 5:30 pm
Extended Deadline
02-Jan-2026, 3:00 pm
Opening Date
02-Jan-2026, 3:30 pm
Key insights about UTTAR PRADESH tender market
Bidders must be on the NTPC shortlisted list and submit the EMD of ₹50,000 along with corporate credentials, regulatory experience in energy projects, and milestone-based deliverable proposals. Reply to the email from [email protected] or [email protected] as instructed for limited tender access.
Submit GST certificate, PAN card, 2-3 years of financial statements, experience certificates in energy regulation, technical bid documents, authorized signatory powers, and EMD receipt. Include cross-border advisory capabilities if proposing Bangladesh matters and cross-check shortlisted firm declarations.
Scope centers on protecting promoters’ interests for BIFPCL, Rampal, and Bangladesh projects. Milestones will be defined in the contract; expect regulatory risk assessment, policy alignment, and cross-border compliance deliverables with periodic reviews and documented approvals.
EMD is ₹50,000. Payment terms will be clarified in the contract; submission requires EMD via the specified NTPC process, with options for online or DD as per procurement guidelines.
Shortlisted firms include Trilegal, Cyril Amarchand Mangaldas, AZB Partners, Shardul Amarchand Mangaldas & Co, HSA Advocates, Link Legal, Phoenix Legal, J Sagar Associates, and Khaitan & Co; non-listed firms are not eligible to participate.
The engagement requires compliance with NTPC procurement terms, cross-border regulatory considerations for Bangladesh, and standard confidentiality/ATC provisions. Specific cross-border regulatory standards will be detailed in the contract and must be met by the selected bidder.
Milestones will be specified in the awarded contract after shortlist confirmation. Expect milestone-based payments tied to deliverables such as regulatory assessments, risk mitigation plans, and cross-border advisory outputs with formal approvals.
Under the 25% option clause, contract quantity or duration may be increased by up to 25% at issue, and again by up to 25% post-issuance. Bidders must accept revised quantities/durations and adjust planning accordingly with updated timelines.
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Main Document
BOQ
SCOPE_OF_WORK
OTHER
OTHER
PAYMENT
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS