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National Fertilizers Limited (NFL) invites bids from eligible agencies to appoint a trading licensee for the procurement of Renewable Energy Certificates (RECs) on a bilateral basis to meet the Renewable Consumption Obligation (RCO) for FY 2025-26 on behalf of NFL Panipat. The estimated contract value is ₹10,188,603.80, with an EMD of ₹100,000. Location is Rohtak, Haryana. Scope focuses on REC acquisition rather than physical goods, with a regulatory compliance frame and bilateral trading arrangements. The distinctive aspect is a specialized REC procurement mandate under government-backed energy compliance, requiring a licensed trader to manage bilateral REC purchases for RCO obligations.
REC trading licensee appointment
Bilateral RECs purchases for RCO compliance
FY 2025-26 procurement on behalf of NFL Panipat
Estimated value ₹10,188,603.80
EMD ₹100,000
EMD amount and submission as per RFQ terms
Integrity Pact signed and uploaded with bid
Certificates and documents per ATC and corrigendum
Bilateral REC purchase scope and RCO fulfillment
No BOQ; compliance-focused service engagement
Not specified in data; bidders should expect standard government procurement payment terms per NFL policy and REC trading settlement norms.
Not specified; aligns with FY 2025-26 RCO deadlines and NFL Panipat requirements for REC settlements.
Not specified in provided data; bidders should review ATC for any performance-related penalties or cure periods.
Experience in renewable energy certificate trading or energy commodities
Valid trading license/registration for energy markets
Financial capacity to handle a contract valued around ₹10.19 million
Quantity
1
Similar Category
Empanelment of Consultants/Service Providers
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
3 Days
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Custom Bid for Services - Appointment of a trading licensee for purchase of RECs on bilateral mode to meet RCO (Renewable Consumption Obligation) for FY 2025-26 on behalf of NFL Panipat
Advisory Bank
ICICI
ePBG Percentage
5%
ePBG Duration (Months)
16
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Locations
1
Delivery Cities
Panipat
Delivery Pincodes
132106
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Rohit Kumar | 132106,National Fertilizers Limited (A Government of India Undertaking) Gohana Road, Panipat Haryana - 132106 | Panipat | Haryana | 132106 | Project / Lumpsum Based | - | - |
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Main Document
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GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for REC trading or related financial/energy commodity trading
Financial statements (audited if available)
EMD submission document (₹100,000)
Technical bid documents or compliance certificates related to REC trading
OEM/agency authorizations if required by REC trading framework
Signed Integrity Pact
Key insights about HARYANA tender market
Bidders must submit an Integrity Pact, GST and PAN, experience certificates, financial statements, EMD of ₹100,000, and REC trading qualifications. Ensure eligibility for bilateral REC purchases and compliance with RCO targets for NFL Panipat, along with ATC-specified documents.
Required documents include GST certificate, PAN card, experience certificates in REC trading, audited/financial statements, EMD of ₹100,000, technical/compliance certificates, OEM authorizations if applicable, and signed Integrity Pact as per ATC.
The tender focuses on REC trading capabilities for bilateral purchases to meet RCO for FY 2025-26. No hardware specs; bidders must demonstrate trading license, market access, regulatory compliance, experience in energy certificates, and capability to settle REC trades efficiently.
The EMD is ₹100,000 and must be submitted with the bid package as per the tender terms. Ensure payment method complies with NFL’s payment gateway or bank DD as specified in the ATC.
Bidders should provide trading license or energy market authorization, and align with relevant regulatory standards for RECs; ensure integrity pact and required certifications per ATC are uploaded with the bid.
Bilateral REC purchases involve direct settlement between NFL and REC sellers under RCO obligations, managed by the selected trading licensee within regulatory guidelines, with execution aligned to Panipat’s RCO targets for FY 2025-26.
The estimated value is ₹10,188,603.80. Bidders should price the REC trading services accordingly, considering bilateral settlement costs, compliance fees, and performance risk.
Specific timelines are not stated; bidders should align execution with FY 2025-26 RCO deadlines and NFL Panipat settlement cycles, ensuring timely REC acquisitions and reporting.