Tender Details

Particulars Details
Title
Assets Insurance Service Mega Risk Policy Including Terrorism Third Party Liability Policy For N
Description
Organisation Hydro Power | Ministry of Power
Tender Id GEM/2023/B/4093294
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

https://gem.gov.in/

Start Date October 16, 2023 20:33
End Date
Expired 23/10/2023

Expired 1047 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE NEW INDIA ASSURANCE COMPANY LIMITED

Contract Value

4978253757.9

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Hemant Sharan
Ministry: Ministry Of Power
Department: Hydro Power
Organisation: Nhpc Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 23-10-2023 11:01:54 N/A Qualified
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 22-10-2023 19:06:50 N/A Qualified
3 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 23-10-2023 11:07:09 N/A Qualified
4 NATIONAL INSURANCE COMPANY LIMITED 22-10-2023 20:40:15 N/A Qualified
5 RELIANCE GENERAL INSURANCE COMPANY LIMITED 23-10-2023 11:54:05 N/A Qualified
6 SBI GENERAL INSURANCE COMPANY LIMITED 23-10-2023 12:10:15 N/A Qualified
7 THE NEW INDIA ASSURANCE COMPANY LIMITED 22-10-2023 16:11:08 N/A Qualified
8 THE ORIENTAL INSURANCE COMPANY LIMITED 23-10-2023 10:39:48 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5414653937.90 L1
2 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5528975136.51 L2
3 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5631241399.00 L3
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5653811582.00 L4
5 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5719674401.72 L5
6 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5722682585.80 L6
7 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5766093106.98 L7
8 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for N 5772469107.63 L8

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for NHPC Power Stations For one year wef 30 Oct 23 to 29 Oct 24; Mega Cover; Optional Assets Insurance Service 1 ₹ 3508636146.000
Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for NHPC Power Stations For one year wef 30 Oct 23 to 29 Oct 24; Earthquake; Optional Assets Insurance Service 1 ₹ 333222427.000
Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for NHPC Power Stations For one year wef 30 Oct 23 to 29 Oct 24; MBD; Optional Assets Insurance Service 1 ₹ 682107992.000
Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for NHPC Power Stations For one year wef 30 Oct 23 to 29 Oct 24; Business Interruption for 12 months; Optional Assets Insurance Service 1 ₹ 435337725.000
Assets Insurance Service - Mega Risk Policy including Terrorism Third Party Liability Policy for NHPC Power Stations For one year wef 30 Oct 23 to 29 Oct 24; Terrorism Cover for All Hydro Power Stations of NHPC; Optional Assets Insurance Service 1 ₹ 15055467.900
Assets Insurance Service - Third Party Liability for All Hydro Power Stations of NHPC; Third party liability cover for Property Damage; Optional Assets Insurance Service 1 ₹ 2920500.000
Assets Insurance Service - Third Party Liability for All Hydro Power Stations of NHPC; Third party liability cover for Bodily Injury or Loss of Life; Optional Assets Insurance Service 1 ₹ 973500.000
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