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National Fertilizers Limited REC Trading Licensee Appointment Tender Rupnagar Punjab 2026 GeM - EMD ₹1,00,000 and Estimated Value ₹81,06,768

Bid Publish Date

13-Feb-2026, 4:49 pm

Bid End Date

02-Mar-2026, 5:00 pm

EMD

₹1,00,000

Value

₹81,06,768

Latest Corrigendum Available

Progress

Issue13-Feb-2026, 4:49 pm
Corrigendum26-Feb-2026
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 1

Tender Overview

National Fertilizers Limited (NFL) invites bids for the appointment of a trading licensee to procure and purchase Renewable Energy Certificates (RECs) to meet the Renewable Purchase Obligation (RCO) under the Department of Fertilizers framework, located in Rupnagar, Punjab. The tender carries an estimated value of ₹81,06,768 and an EMD of ₹1,00,000. While the BOQ shows no items, bidders must reference the attached GeM lump sum cost calculation sheet for price breakup of the overall GeM cost. A key differentiator is the 25% flex in contract quantity or duration at contract issuance and a subsequent cap of 25% increase post-issuance. This procurement requires compliance with GeM ATC terms and REC purchase regulations. The opportunity targets qualified entities with REC trading experience and GeM-enabled bidding capability. NFL’s objective is a compliant and timely REC procurement arrangement to meet RCO obligations.

Location, Organization, and Category Details: Rupnagar, Punjab; National Fertilizers Limited; Custom Bid for Services – Appointment of trading licensee for purchase of RECs.

Technical Specifications & Requirements

  • Estimated Value: ₹81,06,768
  • EMD: ₹1,00,000
  • Contract Flexibility: Quantity/duration may vary by up to 25% at bid issuance and 25% post-issuance; bidders must accept revised scope
  • BOQ: No items listed; use the GeM lump sum cost calculation sheet for price breakup
  • Category: Trading licensee service for REC procurement; no product specification details available
  • Standards/Compliance: GeM ATC clauses apply; REC purchase regulations govern scope
  • Tender Type: Custom Bid for Services; no explicit technical specs beyond REC procurement protocol
  • Delivery/Implementation: Not explicitly stated in data; aligns with REC purchase timelines under regulatory framework
  • Notes: Ensure GeM-embedded bid submission and reference attached BOQ template for pricing structure

Terms, Conditions & Eligibility

  • EMD: ₹1,00,000 required
  • Estimated Value: ₹81,06,768; scope relates to REC trading for RCO compliance
  • Flexibility Clause: Contract quantity/duration may change up to 25% at issuance and up to 25% after issuance
  • BOQ Reference: Use the attached GeM lump sum calculation sheet for price breakup
  • ATC Terms: Compliance with Buyer Added ATC clauses; refer to tender attachments
  • Documentation: Submit standard bidder documents per GeM terms; prepare REC trading credentials and past REC experience
  • Delivery Terms: Not specified; align with regulatory REC procurement timelines and NFL scheduling

Key Specifications

  • Total Items: 0 (BOQ shows no line items)

  • Estimated Value: ₹81,06,768

  • EMD Amount: ₹1,00,000

  • Flexibility: 25% quantity or duration adjustment at contract issuance and post-issuance

  • Category: REC trading licensee appointment for RCO compliance

  • Standards/Compliance: GeM ATC terms; REC purchase regulations

Terms & Conditions

  • EMD of ₹1,00,000 required to participate

  • Contract quantity/duration may vary up to 25% during and after issuance

  • BOQ contains 0 items; price breakup via GeM lump sum calculation sheet

  • Compliance with GeM ATC terms and REC regulatory framework

Important Clauses

Payment Terms

EMD provided, with GeM-based payment terms to be followed per ATC; no vendor-specific payment schedule specified

Delivery Schedule

Not explicitly defined; aligns with REC procurement timelines under RCO regulations and NFL scheduling

Penalties/Liquidated Damages

Not specified in available data; refer to GeM terms and NFL contract provisions

Bidder Eligibility

  • Experience in REC trading or analogous energy certificate procurement

  • GeM bid capability and registration

  • Financial stability evidenced by last 2 years’ statements

Documents 13

GeM-Bidding-8976486.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

BOQ Document

BOQ

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST Registration Certificate

2

Permanent Account Number (PAN) Card

3

Experience Certificates in REC trading or similar energy certificate procurement

4

Financial Statements of last 2 years

5

EMD submission proof (online payment or bank guarantee)

6

Technical bid submission as per GeM guidelines

7

OEM authorizations or licensee credentials for REC trading

8

Any prior GeM bid participation certificates

Corrigendum Updates

2 Updates
#1

Update

26-Feb-2026

Extended Deadline

02-Mar-2026, 5:00 pm

Opening Date

02-Mar-2026, 5:30 pm

#2

Update

23-Feb-2026

Extended Deadline

26-Feb-2026, 5:00 pm

Opening Date

26-Feb-2026, 5:30 pm

Frequently Asked Questions

Key insights about PUNJAB tender market

How to bid for NFL REC trading licensee tender in Rupnagar Punjab 2026

Bidders must register on GeM, upload GST, PAN, experience certificates, financials, and EMD ₹1,00,000. The bid uses the GeM lump sum calculation sheet; comply with GeM ATC and REC purchase regulations. Ensure REC trading credentials and past experience are clearly demonstrated.

What documents are required to participate in NFL REC tender in Punjab

Submit GST certificate, PAN, two years’ financial statements, REC trading experience certificates, EMD proof, technical bid per GeM guidelines, OEM authorizations if applicable, and GeM-based bid submission confirmation.

What are the key eligibility criteria for NFL trading licensee REC tender

Eligibility includes REC trading experience, financial stability, GeM registration, and ability to meet 25% bid quantity/duration flexibility. Compliance with GeM ATC terms and REC procurement regulations is required for eligibility.

What is the EMD amount for the NFL REC procurement bid in Punjab

The Earnest Money Deposit for this tender is ₹1,00,000. Submit via online GeM payment or bank guarantee as per GeM terms; ensure valid EMD submission before bid submission closes.

When is the delivery/implementation timeline for REC procurement

Delivery timelines are not explicitly stated; align with REC purchase regulations and NFL project scheduling. Plan for phased REC acquisitions per RCO obligations and follow GeM ATC guidance for schedule adjustments.

What standards apply to NFL REC trading licensee procurement in 2026

Compliance with GeM ATC terms is mandatory; REC purchase regulations govern scope; no additional technical standards are listed in the data. Stay aligned with RBI/NB regulatory REC policy for certificate validation.

How does the 25% contract quantity flexibility affect bidding

Bidders must accept potential up to 25% increase or decrease in contract quantity or duration at the time of issuance and post-issuance. Prepare pricing and resource plans to accommodate scope adjustments without compromising REC procurement timelines.

What is the estimated value and location for the NFL REC tender

The tender targets an estimated value of ₹81,06,768 for the project and is located in Rupnagar, Punjab. Bidders should tailor their bids to NFL REC procurement needs within this geographic and budget framework.

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