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IOCL ERPL Battery Bank Tender 2026 Bikaner Rajasthan - IS 550/ISI Requirements & Buyback Clause

Bid Publish Date

01-Jun-2026, 5:41 pm

Bid End Date

11-Jun-2026, 6:00 pm

Value

₹34,76,769

Progress

Issue01-Jun-2026, 5:41 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

928

Category

Battery Bank1

Bid Type

Two Packet Bid

Key Highlights

  • Battery bank procurement spanning 12 items with AS-IS buyback terms
  • Up to 25% quantity variation with corresponding delivery time adjustments
  • Inspection rights for existing battery banks prior to bid submission
  • Exclusion of explicit technical standards in data; alignment with IOC/GeM ATC is required
  • Buyback pricing must meet minimum price threshold; GST-inclusive new item pricing to be adjusted by buyback
  • No explicit EMD amount in data; qualification via GeM/IOC financial standing undertakings

Tender Overview

The Indian Oil Corporation Limited – ERPL division invites bids for the procurement and buyback of battery banks into 12 line items, with an estimated value of ₹3,476,769. The supplier must supply, install, test and commission the battery banks on an AS-IS basis, with potential buyback of existing units (SMF, 65 AH, 12V, 106 nos.). bidders should review the GeM ATC terms and IOC L Purchase conditions prior to submission. The contract includes an option clause allowing up to 25% quantity variation, with delivery extension calculated as (additional quantity / original quantity) × original delivery period, minimum 30 days. This procurement emphasizes buyback economics and compliance with IOC/GeM conditions.

Technical Specifications & Requirements

  • Item scope: 12 battery bank units described in the BOQ, with “as is where is” basis, buyback of existing units, and GST-inclusive pricing.
  • Bid pricing approach: price for new battery banks inclusive of GST minus buyback value for existing banks; minimum buyback price threshold applies.
  • Delivery & logistics: delivery period requires synchronization with original orders; option to extend depending on quantity changes.
  • Quality/standards: no explicit IS/IS0 standards listed in the data; bidders must align with IOCL GeM ATC and Purchase terms and conditions.
  • Inspection rights: bidders may inspect existing battery banks prior to bid submission; assessment occurs on an AS-IS basis.

Terms & Eligibility

  • EMD/financial standing: no explicit EMD amount provided in the data; bidders must adhere to GeM IOCL terms and provide procurement undertakings about non-liquidation.
  • Buyback terms: bid must include buyback of old banks at or above a minimum price; the seller must accept buyback calculations per GeM ATC.
  • Delivery & payment: delivery timing tied to contract; payment terms follow IOC/GeM general conditions; cross-reference IOCL tender documents for exact terms.
  • Documentation: bidders should upload all required tenders and purchase documents per IOC/GeM ATC; inspections allowed before submission.

Key Specifications

  • Battery banks: 12 items; AS-IS/WITHOUT external specification data

  • Buyback: existing banks 106 units, 65 AH, 12 V; price to be net of GST

  • Quantity variation: up to 25% of bid quantity during contract

  • Delivery: calculated extension formula with minimum 30 days

  • Inspection: bidder may inspect items on site before bidding

Terms & Conditions

  • Quantity variation up to 25% and corresponding delivery extension

  • Buyback of existing battery banks at minimum price threshold

  • AS-IS delivery and integration with IOC/GeM ATC terms

Important Clauses

Payment Terms

Payment terms follow IOC/GeM ATC; exact milestones to be confirmed in tender documents.

Delivery Schedule

Delivery period begins from the last date of original delivery order; extension formula applies for option quantity.

Penalties/Liquidated Damages

Penalties/LD details to be as per IOC/GeM ATC; not explicitly stated in provided data.

Bidder Eligibility

  • Not under liquidation or court receivership

  • Adequate financial standing; undertakings to be uploaded

  • Capability to perform supply, installation, testing and commissioning with buyback

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

Battery Bank1 , Battery Bank2 , Battery Bank3 , Battery Bank4 , Battery Bank5 , Battery Bank6 , Battery Bank7 , Battery Bank8 , Battery Bank9 , Battery Bank10 , Battery Bank11 , Battery Bank12

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASINDIAN OIL CORPORATION LIMITED
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Documents 6

GeM-Bidding-9389087.pdf

Main Document

Other Documents

OTHER

BOQ Document

BOQ

BOQ Document

BOQ

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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#11

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Required Documents

1

GST certificate

2

PAN card

3

Experience certificates (similar batteryBank installations/maintenance)

4

Financial statements

5

EMD/Security deposit (as per IOC/GeM ATC terms)

6

Technical bid documents (compliance statements for battery banks)

7

OEM authorizations (if required by IOC/GeM ATC)

8

Purchase/inspection reports for buyback assessment

Frequently Asked Questions

How to bid in IOCL ERPL battery bank tender in 2026

Bidders must submit GST registration, PAN, experience certificates, financial statements, EMD as per IOC/GeM ATC terms, and technical compliance documents. Ensure buyback pricing aligns with minimum thresholds and include GST-inclusive new item pricing minus buyback value. Review inspection rights before submission and confirm delivery timelines per option clause.

What documents are required for IOCL battery bank procurement bid 2026

Required documents include GST certificate, PAN card, past experience certificates for similar battery installations, financial statements, EMD/Security deposit, technical bid documents, and OEM authorizations if applicable. Also provide buyback computations and inspection reports for the current battery banks.

What are the delivery terms for IOCL battery banks under GeM ATC

Delivery period starts from the last date of the original delivery order. If quantity increases by 25%, extension time is (additional/original) × original delivery period, with a minimum of 30 days. The bidder must comply with IOC/GeM ATC delivery terms and the supplier’s installation schedule.

What is the buyback arrangement for old battery banks in IOCL tender

Bidders must quote for new battery banks inclusive of GST minus the total buyback value of existing banks (65 AH, 12V, 106 nos.). A minimum buyback price is specified; if not accepted, bidders should not participate. Inspection of old units is allowed before bid submission.

Where can I find the exact payment terms for this IOC tender

Payment terms follow IOC/GeM ATC terms. Exact milestones and timing will be detailed in the IOCL tender document and GeM ATC; bidders should reference the IOC purchase conditions and submit terms compliant to GeM General Terms.

What are the essential eligibility criteria for IOCL battery bank tender

Applicants must be financially sound (no liquidation or bankruptcy), provide undertaking; demonstrate capability to supply, install, test and commission battery banks, and comply with buyback conditions. Must adhere to GeM IOCL terms and provide OEM authorizations if required.

How to prepare the bid for 12 battery bank items in IOCL ERPL

Prepare a consolidated bid for 12 battery bank items with a single total for new units plus buyback deduction. Include GST, inspection data, and delivery plan. Ensure 25% quantity variation capability is reflected, with the corresponding delivery extension formula and minimum 30 days.

What standards apply to IOCL battery bank procurement 2026

No explicit IS/ISO standard data is present in the brief. Bidders must align with IOCL/GeM ATC terms and any referenced IOC General Conditions of Purchase. Include OEM authorizations and ensure compliance with GeM audit and GST requirements.

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