Custom Bid for Services - Annual Rate Contract (ARC) with M/s GE-VERNOVA for Deputation of PLCC Ser
Power Grid Corporation Of India Limited
LUCKNOW, UTTAR PRADESH
Bid Publish Date
09-Jan-2026, 10:31 am
Bid End Date
23-Jan-2026, 5:00 pm
EMD
₹45,000
Value
₹2,93,36,738
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
Organization: IOCL Bongaigaon Refinery (Indian Oil Corporation Limited) seeks a rate contract for heat exchangers overhauling. Location: Bongaigaon, Assam. Estimated Value: ₹29,336,737.62. EMD: ₹45,000. PQC mandates minimum annual turnover ₹35.21 Lakh with UDIN-verified audited statements; for calendar-year filers, turnover aligned to calendar year. Required Past Work Experience mandates maintenance of heat exchangers in refineries or petrochemical facilities within the last seven years, with specific single/multiple project thresholds. This opportunity targets specialists capable of sustaining long-term overhaul support, not mere repair. Unique scope lies in petrochemical-grade heat exchanger maintenance under IOCL terms, with detailed financial and experience prerequisites.
EMD of ₹45,000 must be submitted with bid.
Minimum annual turnover ₹35.21 Lakh with UDIN-verified audited statements.
Past work experience must show specified similar heat exchanger maintenance projects within 7 years.
Not specified in the provided data; bidders should await ATC for payment schedule and milestones.
No delivery timeline published; site-specific scheduling to be clarified in ATC.
No LD or penalty details provided; verify in final terms and conditions.
Audited turnover fulfilled with UDIN-bearing statements for relevant years
Three similar heat exchanger maintenance projects or two with higher value or one project as specified
Capability to perform refinery/petrochemical maintenance work (not re-tubing)
Power Grid Corporation Of India Limited
LUCKNOW, UTTAR PRADESH
Ntpc Sail Power Company Ltd
SUNDERGARH, ODISHA
Bharat Petroleum Corporation Ltd
BARDHAMAN, WEST BENGAL
Ntpc Limited
Narsinghpur, MADHYA PRADESH
Border Road Organisation
AIZAWL, MIZORAM
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GST registration certificate
PAN card
Audited financial statements for last three years with UDIN
CA certificate if company not audited under 44AB (with turnover corroboration)
UDIN-bearing reports from auditors/CA for turnover
Past project completion certificates for similar heat exchanger maintenance works
OEM authorization letters (if applicable) and technical compliance certificates
Experience certificates indicating scope, cost, and refinery setting
Extended Deadline
23-Jan-2026, 5:00 pm
Opening Date
23-Jan-2026, 5:30 pm
Key insights about ASSAM tender market
Bidders must submit GST, PAN, and UDIN-audited turnover certificates for the last three years, plus project completion certificates for similar heat exchanger maintenance. EMD is ₹45,000. Ensure expiry and format compliance for CA/auditor certificates and OEM authorizations.
Required documents include GST registration, PAN, audited financial statements with UDIN, CA certificate if not 44AB-audited, turnover proof, past project completion certificates for heat exchangers, OEM authorizations (if applicable), and technical compliance certificates related to refinery maintenance.
Bidder must show three similar works each ≥ ₹17.61 Lakh, or two works each ≥ ₹23.47 Lakh, or one similar work, completed in refineries or petrochemical plants within the last seven years, with maintenance scope excluding re-tubing.
The Earnest Money Deposit is ₹45,000. Bidder should provide payment proof showing online or DD submission as per final ATC terms; ensure alignment with bank and IOCL portal guidelines.
The tender is issued by IOCL Bongaigaon Refinery, located in Bongaigaon, Assam, under IndianOil Corporation Limited, for rate contract maintenance of heat exchangers.
The estimated contract value is ₹29,336,737.62. Bidders should plan resources, scheduling, and pricing to meet refinery maintenance scope and ensure feasibility for multi-year support.
Standards are not explicitly listed in the excerpt. Bidders should anticipate IS/IET/industry norms and verify during bid clarifications; ensure UDIN-compliant financials and relevant OEM certifications if applicable.
The scope excludes re-tubing works. Bidders must focus on overhauling maintenance tasks other than re-tubing activities, ensuring they have refinery maintenance experience for heat exchangers.
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