Tender Details

About Tender

🌪️ Seeking Assets Insurance Expertise For Wind Power Project 🌱 Hydro Power, Under The Ministry Of Power, Is On The Lookout For A Reliable Service Provider To Offer Comprehensive Insurance Coverage For A 50 Mw Wind Power Project During Its Operation And Maintenance (O&M) Period. 🗓️ Proposal Submission Deadline: May 03, 2024, 1:00 Pm Interested Parties Should Provide Detailed Proposals, Including Coverage Scope, Premium Rates, And Terms And Conditions, To Secure This Significant Opportunity. Keywords: Assets Insurance, Wind Power Project, O&M Period, Hydro Power, Ministry Of Power, Insurance Coverage
Particulars Details
Title
Assets Insurance Service Providing Insurance Cover During Om Period For 50 Mw Wind Power Project A
Description
Organisation Hydro Power | Ministry of Power
Tender Id GEM/2024/B/4856537
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids

Start Date April 12, 2024 18:14
End Date
Expired 03/05/2024

Expired 896 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED

Contract Value

2811485.61

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 02-05-2024 18:55:44 N/A Qualified
2 FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED 03-05-2024 11:16:32 N/A Qualified
3 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 03-05-2024 12:49:13 N/A Qualified
4 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 03-05-2024 10:28:32 N/A Qualified
5 NATIONAL INSURANCE COMPANY LIMITED 03-05-2024 11:34:33 N/A Qualified
6 RELIANCE GENERAL INSURANCE COMPANY LIMITED 02-05-2024 19:24:12 N/A Qualified
7 SBI GENERAL INSURANCE COMPANY LIMITED 03-05-2024 11:32:11 N/A Qualified
8 SHRIRAM GENERAL INSURANCE COMPANY LIMITED 03-05-2024 12:53:28 N/A Qualified
9 TATA AIG GENERAL INSURANCE COMPANY LIMITED 03-05-2024 12:15:52 N/A Qualified
10 THE NEW INDIA ASSURANCE COMPANY LIMITED 02-05-2024 17:36:48 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 2811485.61 L1
2 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 3203153.00 L2
3 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 3324442.00 L3
4 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 3355629.00 L4
5 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 3406028.00 L5
6 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 3475790.00 L6
7 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 3735122.00 L7
8 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 4070344.00 L8
9 TATA AIG GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 4983417.00 L9
10 SHRIRAM GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project a 5009306.00 L10

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project at Jaisalmer Rajasthan for one year wef 19 June 24 to 18 June 25; Standard Fire & Special Perils Cover; Optional Assets Insurance Service 1 ₹ 2801455.610
Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project at Jaisalmer Rajasthan for one year wef 19 June 24 to 18 June 25; Theft/Burglary Cover; Optional Assets Insurance Service 1 ₹ 590.000
Assets Insurance Service - Providing Insurance Cover during OM period for 50MW Wind Power Project at Jaisalmer Rajasthan for one year wef 19 June 24 to 18 June 25; Public Liability Insurance Policy that is AOA by AOY is equal to 1 by 1; Optional Assets Insurance Service 1 ₹ 9440.000
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