Total bids
20
12 including cancelled tenders
Awarded
2
17 lost · 0 still pending
Awarded value
₹114
of ₹160.3 Cr bid — 0.0% conversion
Win rate
10.0%
of 20 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count20 bids
10.0%
85.0%
Awarded210.0%
Pending00.0%
Tech rejected15.0%
Lost1785.0%
By value₹160.3 Cr
99.7%
Awarded₹1140.0%
Pending₹00.0%
Tech rejected₹54.2 L0.3%
Lost₹159.7 Cr99.7%
Where they win
2 authorities · 2 statesTop buyer organisations
Operating states
LowHigh
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedMANIKARAN POWER awardedOthers
Recent tenders awarded to MANIKARAN POWER
- IS-03/2025HPSEBL · Himachal Pradesh · 25 Jun 2025₹13
- Banking of power by PSPCLDepartment of Power · Punjab · 18 Feb 2025₹101
About MANIKARAN POWER LIMITED
MANIKARAN POWER LIMITED appears as a bidder on 12 government tenders on record, from 5 buyer authorities in 3 states. Of its 20 decided bids, it was awarded 2 — a 10.0% win rate — worth ₹114 in total. Its most recent award on record is from 18 Feb 2026.
Its largest buyer by awarded value is Department of Power, at 91.0% of what it has won, out of 2 authorities that have awarded it work. Most of its awards come from Punjab and Himachal Pradesh. On priced bids, its median quote is the lowest (L1).
It most often bids against PTC India Ltd, Arunachal Pradesh Power Corporation Private Limited and NTPC VIDYUT VYAPAR NIGAM LTD. PTC India Ltd bid on 6 of the same tenders and won 3 of them; MANIKARAN POWER LIMITED won 0.