MERCADOS ENERGY MARKETS INDIA PRIVATE LIMITED - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

18 including cancelled tenders

Awarded

6 lost · 0 still pending

Awarded value

₹61.8 Cr

of ₹66.4 Cr bid — 93.1% conversion

Win rate

52.9%

of 17 decided bids

Bid outcomes

How their decided bids ended, by number and by value

By count17 bids

52.9%

11.8%

35.3%

Awarded952.9%

Pending00.0%

Tech rejected211.8%

Lost635.3%

By value₹66.4 Cr

93.1%

Awarded₹61.8 Cr93.1%

Pending₹00.0%

Tech rejected₹52.3 L0.8%

Lost₹4.1 Cr6.2%

Where they win

7 authorities · 6 states

Top buyer organisations

Madhya Pradesh Power Generating Company Limited₹21.2 Cr34.3%

Haryana Board Corporation₹20.1 Cr32.6%

CE-Water Resources Dept. Pune₹12.6 Cr20.5%

SE-UPCL Corporate (Contract and Procurement)₹7.0 Cr11.3%

Chandigarh Administration₹28.6 L0.5%

Operating states

LowHigh

Madhya Pradesh₹21.2 Cr

Haryana₹20.1 Cr

Maharashtra₹12.6 Cr

Uttarakhand₹7.0 Cr

Chandigarh₹28.6 L

Assam₹28.0 L

1 award on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

PricewaterhouseCoopers Private Limited0 wins · 6 shared tenders

₹0

won head-to-head

Deloitte Touche Tohmatsu India LLP1 win · 5 shared tenders

₹41.9 L

won head-to-head

Feedback Infra Private Limited1 win · 3 shared tenders

₹26.6 L

won head-to-head

CRISIL Risk and Infrastructure Solutions Limited0 wins · 2 shared tenders

₹0

won head-to-head

ABPS INFRASTRUCTURE ADVISORY PRIVATE LIMITED0 wins · 2 shared tenders

₹0

won head-to-head

Siddhi Consulting Engineers Pvt. Ltd.0 wins · 1 shared tender

₹0

won head-to-head

Rival awardedMERCADOS ENERGY awardedOthers

Recent tenders awarded to MERCADOS ENERGY

Consulting Services for the Implementation of Energy Efficiency Measures at Mhaisal Lift Irrigation Scheme in Maharashtra, IndiaCE-Water Resources Dept. Pune · Maharashtra · 24 Sept 2026₹12.6 Cr
In House Consultancy Services to MPPGCL for Development of Renewable Energy Projects Support in Associated Emerging Fields And Regulatory Support to MPPGCLMadhya Pradesh Power Generating Company Limited · Madhya Pradesh · 21 Aug 2026₹21.2 Cr
TSGP-37/RDSS/2025-26Haryana Board Corporation · Haryana · 6 Jul 2026₹20.1 Cr
Appointment of consultant for preparation of Business Plan / MYDT Petition from FY 2025-26 to 2027-28 / Filling of Tariff Petition from FY 2025-26 to 2026-27 / other related matters of Electricity Wing of Engineering Department, Chandigarh (EWEDC) asChandigarh Administration · Chandigarh · 18 Feb 2025₹28.6 L
Providing Consultancy/Regulatory Support Services to APDCLAssam Power Distribution Company Ltd · Assam · 19 Nov 2024₹28.0 L

About MERCADOS ENERGY MARKETS INDIA PRIVATE LIMITED

MERCADOS ENERGY MARKETS INDIA PRIVATE LIMITED appears as a bidder on 18 government tenders on record, from 14 buyer authorities in 9 states. Of its 17 decided bids, it was awarded 9 — a 52.9% win rate — worth ₹61.8 Cr in total. Its most recent award on record is from 24 Sept 2026.

Its largest buyer by awarded value is Madhya Pradesh Power Generating Company Limited, at 34.3% of what it has won, out of 7 authorities that have awarded it work. Most of its awards come from Madhya Pradesh, Haryana and Maharashtra. On priced bids, its median quote is the lowest (L1).

It most often bids against PricewaterhouseCoopers Private Limited, Deloitte Touche Tohmatsu India LLP and Feedback Infra Private Limited. PricewaterhouseCoopers Private Limited bid on 6 of the same tenders and won 0 of them; MERCADOS ENERGY MARKETS INDIA PRIVATE LIMITED won 3.