Contract Bidding Open For Vacuum induction melting furnace with strip casting facility in MUMBAI, MAHARASHTRA

The eligibility requirements include being a registered entity, possessing experience in supplying similar machinery, and the ability to provide comprehensive warranty and after-sales support for at least two years. Furthermore, bidders must show financial stability, allowing them to manage larger projects without risk.

The technical specifications mandate that the vacuum induction melting furnace should support high-frequency melting processes, efficient temperature control, and should comply with safety and environmental standards. All equipment should encourage sustainable practices and energy efficiency in metal processing.

The Earnest Money Deposit (EMD) required for this tender serves as a security guarantee for the bidding process. It must be submitted with the bid documents in the designated format. Acceptance of the bid may depend on the timely presentation of the EMD as stipulated in the tender guidelines.

The submission methods for bid documents require the materials to be sent electronically via the designated online portal. All documents must be well-organized and complete to facilitate a smooth evaluation process. Late or incomplete submissions will not be entertained.

For bidders classified as Micro, Small, and Medium Enterprises (MSEs), compliance with specific local content and procurement policies will be beneficial. These provisions aim to support the participation of MSEs and startups actively, while aligning with government initiatives such as 'Make in India' to foster domestic manufacturing.