IOCL Panipat Refinery Poly Phosphoric Acid 105% Tender 2026 Panipat Haryana - 2.4186 Crore Turnover Required

Tender Overview

The opportunity is with Indian Oil Corporation Limited (IOCL) – Panipat Refinery for the supply of Poly Phosphoric Acid (105%). The procurement scope is clearly stated as the Supply of Goods with no additional services. The bidder must demonstrate financial capacity with an annual turnover requirement of ₹2,41,86,000 over any of the last three financial years. Commercial experience is evaluated on prior orders for similar items; the criteria allow three orders totaling at least ₹1,20,93,000 each or two orders of at least ₹1,61,24,000 each or a single order of at least ₹2,01,55,000. The location is Panipat, Haryana and the order value signals a mid-scale chemical supply contract. This tender emphasizes financial credibility, robust supply capability, and proven experience in polymeric/phosphoric acid material handling to meet IOCL Panipat needs in 2026.

Technical Specifications & Requirements

• Product: Poly Phosphoric Acid 105% (polyphosphoric acid for chemical processing)
• Category: Chemical supply to IOCL Panipat Refinery (goods only) with no attached services
• Financial criteria: ₹2,41,86,000 average turnover in last 3 financial years; proofs may include audited balance sheets, public-domain P&L, or country tax returns for foreign bidders
• Commercial experience: Prior orders in last 5 years; minimum order values as described: three orders ≥ ₹1,20,93,000 each OR two orders ≥ ₹1,61,24,000 each OR one order ≥ ₹2,01,55,000
• Proof of experience options: PO-copy with invoices and self-certification, or PO with invoice copies and proof of execution
• Currency handling: Foreign orders in non-USD converted to USD at PO date
• Delivery/packing standards not specified; bidders should assume standard IOCL chemical supply packaging and transport norms
• No BOQ items available; scope is defined via goods supply only

Terms, Conditions & Eligibility

• EMD/financial security: Not disclosed in data; bidders should expect standard IOCL EMD terms as per vendor policy
• Delivery timeline: Not specified in available data; typical refinery supply timelines apply
• Payment terms: Not specified in provided data; bidders should anticipate IOCL-standard payment terms
• Documentation: Must provide financial proofs, order history, and relevant certifications during bid submission
• Pre-qualification: PQC highlights financial and experience criteria; no technical PQC required
• Note: All submitted documents should show consistency with the last five years of activity and demonstrated capability for Poly Phosphoric Acid 105% supply