GEM

Nhpc Limited Insurance Cover for 50MW Solar Project Tamil Nadu 2026-27 - Standard Fire/Perils, Public Liability & BI

Bid Publish Date

21-Nov-2025, 2:54 pm

Bid End Date

15-Dec-2025, 3:00 pm

Location

FARIDABAD , HARYANA

Progress

Issue21-Nov-2025, 2:54 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

4

Bid Type

Two Packet Bid

Key Highlights

  • • Strict Integrity Pact compliance required from all bidders
  • • Policy scope includes Standard Fire and Standard Perils with All Risks coverage
  • • Optional Public Liability Insurance (AOA: AOY=1:1) and BI with 12-month indemnity
  • • Burglary and Theft coverage included in the base scope
  • • Project location: Tamil Nadu (Theni & Dindigul), risk location to be confirmed
  • • No BOQ items; estimated value and EMD not disclosed in data share
  • • Activation window aligns with project start date (07 Feb 2026)

Categories 4

INSURANCE SERVICE ACCIDENTAL INSURANCE POWER POWER PROJECT

Tender Overview

NHPC Limited invites bids for Assets Insurance Service to cover a 50MW Solar Power Project located in Theni & Dindigul District, Tamil Nadu for one year from 07 Feb 2026 to 06 Feb 2027. The contract scope includes Standard Fire and Standard Perils Policy Covering All Risks as defined in the scope, plus Burglary and Theft. Optional extensions include Public Liability Insurance (AOA: AOY=1:1) and Business Interruption (BI) with a 12-month indemnity period. The procurement is managed from Faridabad, Haryana with requirement details pending on estimated value and EMD.

  • Organization: NHPC Limited – Hydro Power division
  • Project: 50MW Solar Power Project in Tamil Nadu
  • Policy window: 07 Feb 2026 – 06 Feb 2027 (1 year)
  • Key differentiator: inclusion of optional Public Liability and BI cover; emphasis on All Risks scope with standard fire/perils
  • Tender context: Integrity Pact compliance required by all bidders

Technical Specifications & Requirements

  • Policy scope: Standard Fire and Standard Perils covering All Risks for the 50MW solar installation and associated assets
  • Risk location: Theni and Dindigul District, Tamil Nadu; risk address to be confirmed by bidder during policy issuance
  • Optional covers: Public Liability Insurance (AOA: AOY=1:1); Business Interruption (BI) with 12-month indemnity period; terms to be finalized
  • Burglary & Theft: policy to include theft coverage of project assets
  • Tender data limitations: No BOQ items; no explicit estimated value or EMD published; compliance with integrity pact mandatory

Terms, Conditions & Eligibility

  • Integrity Pact: Signed copy to be uploaded with bid as per buyer policy
  • Delivery/activation window: policy effective date specified; exact start aligned with project timeline
  • Submissions: standard GST, PAN, financials, and insurance-specific documents to be provided per T&C
  • EMD: amount not specified publicly; bidders must respond per tender terms and provide security as required
  • Insurance partnerships: OEM authorizations or broker certifications as applicable
  • Compliance: adherence to NHPC bid ATC and tender document terms

Key Specifications

  • Policy type: Standard Fire and Standard Perils covering All Risks

  • Indemnity period: 12 months BI coverage option

  • Coverage: Burglary and Theft included

  • Optional covers: Public Liability Insurance (AOA: AOY=1:1)

  • Risk location: 50MW solar project in Tamil Nadu (Theni & Dindigul districts)

Terms & Conditions

  • Integrity Pact compliance is mandatory for bid submission

  • Optional BI and Public Liability cover available; formal terms to be finalized

  • EMD/financial security details not disclosed in published data

Important Clauses

Payment Terms

Details on premium payment schedule to be defined in policy issuance and tender terms

Delivery Schedule

Policy activation synchronized with project start date; exact activation date to be confirmed

Penalties/Liquidated Damages

LD terms to be specified in policy contract; contingent on delivery milestones and policy adherence

Bidder Eligibility

  • Experience in underwriting or managing asset insurance for large-scale solar projects

  • Financial stability evidenced by valid financial statements

  • Compliance with Integrity Pact and NHPC terms

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates in providing asset/policy insurance for large-scale energy projects

4

Financial statements for last 3 financial years

5

EMD deposit proof (if required per tender terms)

6

Technical bid documents and policy/compliance certifications

7

Integrity Pact signed copy

Frequently Asked Questions

Key insights about HARYANA tender market

How to bid for NHPC asset insurance tender in Faridabad?

Submit a signed Integrity Pact, along with GST, PAN, and three years of financials. Provide experience certificates for solar project insurance, and include technical bid documents. Attach any OEM authorizations or broker certifications as required by NHPC terms, and comply with the absence of BOQ items.

What documents are required for NHPC 50MW solar insurance bid 2026?

Required documents include GST registration, PAN, last three years' financial statements, prior project experience certificates, EMD proof (as applicable), technical bid and policy compliance certificates, and a signed Integrity Pact per NHPC policy.

What are the key policy covers for the Tamil Nadu solar project insurance?

Core coverage includes Standard Fire and Standard Perils All Risks, plus Burglary and Theft. Optional covers include Public Liability Insurance (AOA:AOY=1:1) and BI with a 12-month indemnity. Activation aligned with 2026-02-07 to 2027-02-06 period.

When does the NHPC solar insurance policy start and end?

Policy window is from 07 February 2026 to 06 February 2027, providing a 12-month indemnity period for BI if selected, with All Risks coverage for the 50MW solar asset.

What is required for optional Public Liability insurance in this tender?

Opt-in requires confirmation of AOA:AOY ratio 1:1, terms to be finalized in the policy schedule, and alignment with overall asset insurance terms; bidders must indicate willingness to include this cover.

What standards or certifications apply to this NHPC insurance tender?

Bidders must submit an Integrity Pact and provide policy/compliance certifications as per NHPC tender ATC. While no explicit IS/ISO codes are listed, ensure all documents reflect compliance with NHPC procurement norms.

Is there an EMD for the NHPC insurance tender in 2026?

EMD details are not publicly disclosed in the tender data. Bidders should prepare to furnish an appropriate security as per NHPC bid terms and reflect this in the technical bid and financial bid submission.

Where can I find the BOQ or value estimates for this NHPC project insurance?

No BOQ items or estimated value are published here. Bidders should rely on NHPC tender ATC, policy scope, and integrity pact requirements; request official clarification/appendices from NHPC during bid submission.

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