Power Finance Corporation Limited Tender

Work Description - Engagement Of Merchant Banker For Merger Of Pfc And Rec&#x0d

Power Finance Corporation Limited (PFCL), a Central Government Ministry/Department, invites open tenders for the engagement of a Merchant Banker to facilitate the merger of PFC and REC. The Tender Reference Number is GEM/2026/B/7323217 with Tender ID 2026_PFCL_831560_1. This is a service-based tender under a Lump-sum contract. Key dates include a document download and bid submission start date of March 6, 2026, at 06:25 PM, and an end date of March 13, 2026, at 12:00 PM, with the bid opening scheduled for March 13, 2026, at 12:30 PM. A pre-bid meeting will be held via VC at the Microsoft Teams link on March 10, 2026, at 12:00 PM. Bidders must submit their proposals in two covers: one for Fee/PreQual/Technical and another for Finance, containing required .pdf and .xls documents respectively. The tender value is ₹0.00, and no EMD or Tender Fee is applicable. The work has a period of 390 days, with a bid validity of 120 days. The tender inviting authority is Raj Kishor, and the address for correspondence is PFC Ltd., Urjanidhi Building, 1, Barakhamba Lane, CP, New Delhi, Pincode 110001. Bids will be opened at the PFC office through e-procurement on the GeM portal.