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Procurement Opportunity: Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte in BHOPAL, MADHYA PRADESH

Bid Publish Date

08-Sep-2025, 5:42 pm

Bid End Date

14-Oct-2025, 5:00 pm

Value

₹23,20,36,370

Generate Docs

Progress

RA
Issue08-Sep-2025, 5:42 pm
Reverse Auction09-Dec-2025, 11:00 am
Award28-Dec-2025, 1:21 am
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Quantity

1

Bid Type

Two Packet Bid

Categories 5

Nhdc Limited announces a tender for Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Interruption (Loss of Profit) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthquake Cover, Third Party Coverage and Valuation of Assets as pe. . in BHOPAL, MADHYA PRADESH. Quantity: 1. Submission Deadline: 14-10-2025 17: 00: 00. Last date to apply is approaching fast!

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Interruption (Loss of Profit) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthquake Cover, Third Party Coverage and Valuation of Assets as pe..

Authority Records

MINISTRY OF POWER

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Documents 5

GeM-Bidding-8282050.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Certificate (Requested in ATC)

3

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

2 Updates
#1

Update

29-Sep-2025

Extended Deadline

14-Oct-2025, 5:00 pm

Opening Date

14-Oct-2025, 5:30 pm

#2

Update

08-Sep-2025

Extended Deadline

29-Sep-2025, 5:00 pm

Opening Date

29-Sep-2025, 5:30 pm

Reverse Auction Schedule

Completed

Start

09-Dec-2025, 11:00 am

End

10-Dec-2025, 11:00 am

Duration: 24 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
BAJAJ GENERAL INSURANCE LIMITED   Under PMA
14-10-2025 15:20:20
2
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
14-10-2025 16:38:46
3
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 16:29:49
4
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 16:28:27
5
INDUSIND GENERAL INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 16:53:06
6
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 15:01:51
7
TATA AIG GENERAL INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 15:07:44
8
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
13-10-2025 17:33:55
9
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 14:58:28
10
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
14-10-2025 16:13:34

Financial Results

Rank Seller Price Item
L1
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L2
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L3
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L4
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L5
INDUSIND GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L6
BAJAJ GENERAL INSURANCE LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L7
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L8
TATA AIG GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L9
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte

Contract / Result Documents 1

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