Tender Details

About Tender

πŸ”’ Renewal Of Industrial All Risk Iar Insurance Policy For Hydro Power Assets πŸ”’ Hydro Power, Under The Ministry Of Power, Is Seeking Bids For The Renewal Of Its Industrial All Risk (Iar) Insurance Policy To Safeguard The Assets Of The Organization. 🏭 πŸ—“οΈ Deadline: June 24, 2024, 2:00 Pm Interested Insurance Service Providers Must Submit Detailed Proposals, Including Coverage Terms, Premium Rates, And Claims Handling Procedures, By The Specified Deadline. Keywords: Assets Insurance, Industrial All Risk, Iar Insurance Policy, Hydro Power, Ministry Of Power, Insurance Services Tender
Title
Assets Insurance Service Renewal Of Industrial All Risk Iar Insurance Policy For The Assets Of Ag
Description
Organisation Hydro Power | Ministry of Power
Tender Id GEM/2024/B/5007977
Reference
Number 		-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids
Start Date June 03, 2024 22:09
End Date
Expired 24/06/2024

Expired 851 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

RELIANCE GENERAL INSURANCE COMPANY LIMITED

Contract Value

97350903

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Vijay Prakash
Ministry: Ministry Of Power
Department: Hydro Power
Organisation: North Eastern Electric Power Corporation Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED 24-06-2024 13:04:15 N/A Qualified
2 GO DIGIT GENERAL INSURANCE LIMITED 24-06-2024 12:27:19 N/A Qualified
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 24-06-2024 10:31:37 N/A Qualified
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 24-06-2024 09:39:58 N/A Qualified
5 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 24-06-2024 12:57:44 N/A Qualified
6 NATIONAL INSURANCE COMPANY LIMITED 24-06-2024 12:20:00 N/A Qualified
7 RELIANCE GENERAL INSURANCE COMPANY LIMITED 24-06-2024 13:17:32 N/A Qualified
8 SBI GENERAL INSURANCE COMPANY LIMITED 24-06-2024 11:54:13 N/A Qualified
9 TATA AIG GENERAL INSURANCE COMPANY LIMITED 24-06-2024 12:47:45 N/A Qualified
10 THE NEW INDIA ASSURANCE COMPANY LIMITED 24-06-2024 13:47:19 N/A Qualified
11 THE ORIENTAL INSURANCE COMPANY LIMITED 24-06-2024 13:09:48 N/A Qualified
12 UNITED INDIA INSURANCE COMPANY LIMITED 24-06-2024 10:29:12 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 100071803.00 L1
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 106319780.00 L2
3 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 110021422.00 L3
4 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 113722967.00 L4
5 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 117424520.00 L5
6 GO DIGIT GENERAL INSURANCE LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 119645461.00 L6
7 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 121126101.00 L7
8 TATA AIG GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 122606740.00 L8
9 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 124087393.00 L9
10 FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 125568011.00 L10
11 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 127048672.00 L11
12 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AG 135278062.00 L12

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - RENEWAL OF INDUSTRIAL ALL RISK IAR INSURANCE POLICY FOR THE ASSETS OF AGARTALA GAS BASED POWER STATION 135 MW AgGBPS RAMCHANDRA NAGAR TRIPURA WEST; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon.. Assets Insurance Service 1 β‚Ή 97350903.000

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