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Munitions India Limited Furnace Oil Tender 2026 Gujarat? No. Central PSU Petroleum Bid 2026

Bid Publish Date

10-Apr-2026, 11:52 am

Bid End Date

01-May-2026, 12:00 pm

Value

₹9,71,44,856

Location

NALANDA , BIHAR
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Progress

Issue10-Apr-2026, 11:52 am
Technical23-04-2026 11:16:05
Financial
AwardCompleted
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Quantity

1130

Bid Type

Two Packet Bid

Categories 2

FURNACE OIL GRADE OIL

Tender Overview

Organization: Munitions India Limited, under the Department of Defence Production, invites bids for Furnace Oil (petroleum product) with Estimated Value: ₹97,14,45,857. Delivery is on Ex-Works basis over a 365-day period, delivered in a staggered manner on demand. Only Central PSUs dealing with petroleum products are eligible for participation. Required pre-bid documents include PAN card, GST registration, and audited financials; integrity pact must be signed. The tender emphasizes a broad delivery window and a supplier capable of meeting continuous demand. The buyer reserves an option to adjust quantity by up to 50% during contract execution. This procurement targets secure, reliable fuel supply aligned with defence production needs.

Technical Specifications & Requirements

  • Product: Furnace Oil (no additional technical specs published)
  • Delivery terms: Ex-Works; delivery period: 365 days on demand from effective supply date
  • Eligible bidders: Central PSUs dealing with petroleum products only
  • Documentation: PAN card, GST certificate, Income Tax returns or audited statements (last 3 years), declaration of non-banishment
  • Financial/Compliance: bidder must not be in liquidation or similar proceedings; integrity pact to be uploaded; vendor-code creation documents (PAN, GSTIN, cancelled cheque, EFT mandate)
  • Commercial terms: Option Clause allows up to 50% quantity variation at contract rates; delivery scheduling tied to order dates and extended periods
  • Payment and invoicing: payment terms not detailed in the available data; explication to be confirmed with ATC

Terms, Conditions & Eligibility

  • EMD: Not specified in data; bidders must comply with central PSU petroleum norms
  • Eligibility: prior status as central PSU dealing with petroleum products; no corporate insolvency
  • Delivery: Ex-Works; 365-day staggered delivery on demand from effective date; option to extend quantity by up to 50% with corresponding schedule changes
  • Documentation: PAN, GST, IT returns, balance sheet/profit-loss, integrity pact, vendor-code documents
  • Compliance: sign Integrity Pact; ensure no government bans; bidder to submit EFT mandate and cancelled cheque
  • Commercial risk: 50% quantity variation right; extended delivery time calculations per clause; all terms subject to purchase order execution

Key Specifications

  • Product: Furnace Oil

  • Delivery: Ex-Works, 365 days on demand

  • Eligible bidders: Central PSUs dealing with petroleum products

  • Quantity: Up to 50% variation allowed (option clause)

  • Documentation: PAN, GST, IT returns, integrity pact, EFT mandate

  • Billing: Invoice terms to be confirmed with ATC

Terms & Conditions

  • Ex-Works delivery over 365 days from supply start

  • Only Central PSUs dealing with petroleum products may bid

  • Option to increase/decrease quantity up to 50%

Important Clauses

Delivery Schedule

365 days staggered on-demand delivery from effective date; extended delivery time based on option clause

EMD & Eligibility

No explicit EMD amount provided; bidders must be Central PSUs with petroleum product experience; integrity pact required

Payment Terms

Payment terms not specified in available data; to be confirmed in ATC

Bidder Eligibility

  • Must be a Central PSU dealing with petroleum products

  • Not under liquidation or similar proceedings

  • Must sign Integrity Pact and submit EFT mandate

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

FURNACE OIL, NET CALORIFIC VALUE: 9650 KCAL/KG, FLASH POINT: -60-70 DEGREE CENTIGRADE

Authority Records

MINISTRY OF DEFENCEDEFENCE PRODUCTION DEPARTMENT

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Documents 6

GeM-Bidding-9208648.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

PAN Card copy

2

GST Registration certificate copy

3

Income Tax return or audited balance sheet and P&L for last 3 years

4

Declaration of non-banishment from govt/PSUs

5

Integrity Pact signed copy

6

PAN, GSTIN copies, Cancelled Cheque

7

EFT Mandate with bank certification

8

Vendor Code Creation documents

Corrigendum Updates

1 Update
#1

Update

24-Apr-2026

Extended Deadline

01-May-2026, 12:00 pm

Opening Date

01-May-2026, 12:30 pm

Technical Results

S.No Seller Item Date Status
1
INDIAN OIL CORPORATION LIMITED   Under PMA
Make : Indian oil Corporation Ltd. Model : FURNACE OIL Title : FURNACE OIL, NET CALORIFIC VALUE: 9650 KCAL/KG, FLASH POINT: -60-70 DEGREE CENTIGRADE23-04-2026 11:16:05

Financial Results

Rank Seller Price Item
L1
INDIAN OIL CORPORATION LIMITED(MII)   Under PMA
Item Categories : FURNACE OIL, NET CALORIFIC VALUE: 9650 KCAL/KG, FLASH POINT: -60-70 DEGREE CENTIGRADE

Frequently Asked Questions

Key insights about BIHAR tender market

How to bid for furnace oil tender in India central PSU 2026?

Bidders must be Central PSUs dealing with petroleum products, submit PAN, GST, and 3-year IT returns, sign the Integrity Pact, and provide EFT mandate. The Ex-Works delivery is spread across 365 days on demand; an option clause allows 50% quantity variation. Ensure compliance with supplier code creation requirements before submission.

What documents are required for furnace oil tender submission India 2026?

Submit PAN card copy, GST certificate, last 3 years audited financial statements or IT returns, non-banishment declaration, Integrity Pact signed, PAN and GSTIN copies, cancelled cheque, and EFT mandate. Also provide vendor-code creation documents as specified by the terms.

What are the delivery terms for furnace oil procurement by Munitions India?

Delivery is Ex-Works with a 365-day delivery window, scheduled on demand from the effective supply date. The option clause permits up to 50% quantity variation during contract execution, with adjusted delivery timelines calculated per formula.

What is the eligibility criterion for participating in central PSU petroleum tenders?

Bidders must be Central PSUs dealing with petroleum products and not under liquidation or bankruptcy. They must sign the Integrity Pact and provide required financial declarations and bank documents to enable vendor-code creation.

What is the option clause quantity variation in this furnace oil tender?

The purchaser may increase or decrease the ordered quantity by up to 50% of the bid quantity at contract rates, with delivery period adjustments based on the extended period formula.

What standards or certifications are required for furnace oil tender bidders?

While the data lists core compliance like Integrity Pact and financial documentation, explicit standards (IS) or certifications are not provided in the tender data; bidders should await ATC for any additional petroleum-grade requirements.

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