Total bids
3
3 including cancelled tenders
Awarded
2
1 lost · 0 still pending
Awarded value
₹35.4 Cr
of ₹35.9 Cr bid — 98.6% conversion
Win rate
66.7%
of 3 decided bids
Bid outcomes
How their decided bids ended, by number and by valueBy count3 bids
66.7%
33.3%
Awarded266.7%
Pending00.0%
Tech rejected00.0%
Lost133.3%
By value₹35.9 Cr
98.6%
Awarded₹35.4 Cr98.6%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹50.0 L1.4%
Where they win
2 authorities · 0 statesTop buyer organisations
Operating states
LowHigh
2 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedThermotech awardedOthers
Recent tenders awarded to Thermotech
- Supply, Installation and Commissioning of MSW/RDF based gasification plantNTPC Limited · 20 May 2021₹28.5 Cr
- THERMIC FLUID PACKAGEIndianOil · 29 Jan 2021₹6.9 Cr
About Thermotech Systems Ltd
Thermotech Systems Ltd appears as a bidder on 3 government tenders on record, from 2 buyer authorities on central and PSU portals. Of its 3 decided bids, it was awarded 2 — a 66.7% win rate — worth ₹35.4 Cr in total. Its most recent award on record is from 20 May 2021.
Its largest buyer by awarded value is NTPC Limited, at 80.5% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is the lowest (L1).
It most often bids against Heatex Industries Ltd, CHANDERPUR WORKS PVT LTD and Sunrise Process Equipments. Heatex Industries Ltd bid on 2 of the same tenders and won 0 of them; Thermotech Systems Ltd won 1.