Custom Bid for Services - Thermal Power Plant
Nlc India Limited
CUDDALORE, TAMIL NADU
Progress
Quantity
2
Bid Type
Two Packet Bid
Hindustan Aeronautics Limited (HAL) seeks insurance cover for a 6.3 MW wind power plant located in Harapanahalli, Davangere District, Karnataka. The scope includes a Standard Fire and Special Perils Policy and a Burglary First Loss Policy (25% of IDV) for the wind asset. Estimated contract value is ₹249,256.00 with renewal considerations through late 2025. Eligibility is restricted to Public sector / Government Insurance companies. The policy validity extends to 25.11.2025, with renewal required for the period 26.11.2025 to 25.01.2026. This procurement emphasizes compliance with government insurance standards and continuity of cover for fuel and operational risks. HAL’s procurement approach targets stable, government-backed insurers capable of committing to first-loss burglary coverage and standard fire perils for wind assets. Unique conditions include a dual-policy approach (fire perils plus burglary) and a government-insurer eligibility constraint.
Policy types: Standard Fire and Special Perils Policy; Burglary First Loss Policy (25% of IDV)
Asset scope: 6.3 MW wind power plant in Harapanahalli, Davangere District, Karnataka
Policy validity window: up to 25.11.2025; renewal window 26.11.2025 to 25.01.2026
Eligible bidders: Public sector / Government Insurance companies only
Estimated value: ₹249,256.00; no BOQ items listed in tender
ATC clauses provided; Annexure-1 governs policy scope
Public sector insurer eligibility only
Dual coverage: fire perils and burglary first loss
Renewal obligation for late 2025 to early 2026
Not disclosed; bidders should verify at bid submission and ATC documents
Policy activation aligned with renewal window and project needs; no explicit delivery date
Not specified in provided data; refer to ATC for penalties and SLA terms
Only Public sector / Government Insurance companies may participate
Demonstrated experience in wind power plant insurance policies
Compliance with HAL ATC and Annexure-1 scope
Main Document
OTHER
OTHER
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
BOQ
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Nlc India Limited
CUDDALORE, TAMIL NADU
Nlc India Limited
CUDDALORE, TAMIL NADU
Nlc India Limited
CUDDALORE, TAMIL NADU
Hindustan Aeronautics Limited (hal)
BANGALORE, KARNATAKA
National Aluminium Company Limited
ANGUL, ODISHA
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GST certificate
PAN card
Experience certificates of insurer capabilities for wind/large asset policies
Financial statements demonstrating annual turnover eligibility
EMD document or equivalent government security deposit if required
Technical/compliance certificates for fire and burglary policy types
OEM authorizations or equivalent government endorsements (if applicable)
ATC document and Annexure-1 scope references
Extended Deadline
21-Nov-2025, 2:00 pm
Opening Date
21-Nov-2025, 2:30 pm
Key insights about KARNATAKA tender market
Bidders must be Public sector / Government Insurance companies. They should provide evidence of government-backed status, Wind plant policy experience, and compliance with HAL's ATC and Annexure-1 scope to participate in the wind asset insurance tender in Karnataka 2025.
Prepare GST certificate, PAN card, Experience certificates, Financial statements, and EMD documents (if required). Include ATC references and OEM authorizations if applicable, plus Annexure-1 scope to demonstrate coverage for the 6.3 MW wind plant.
Policy must meet standard fire and perils coverage as per government insurance norms; Burglary policy must provide First Loss coverage at 25% of IDV for the 6.3 MW wind plant, aligned with HAL ATC.
Renewal is required for the period 26.11.2025 to 25.01.2026; ensure continuous coverage beyond 25.11.2025 and align with Annexure-1 scope and ATC terms.
Estimated value provided is ₹249,256.00; vendors should confirm final premium calculations and inclusions under the Standard Fire and Special Perils and Burglary First Loss policies.
Mandatory documents include GST registration, PAN card, Experience certificates, Financial statements, EMD/ security deposit, Technical compliance certificates, and ATC/ Annexure-1 references; ensure all are current and properly signed.
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Main Document
OTHER
OTHER
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
BOQ
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS